Nippon Life India AIF Management Limited is wholly owned by Nippon Life India Asset Management Limited. The asset manager of Nippon India Mutual Fund is Nippon Life India Asset Management Limited (NAM India) (NIMF).
Nippon Life Insurance Company is the promoter of NAM India, owning 74.95 percent of the company’s total issued and paid-up equity share capital.
NAM India’s equity shares are traded on the BSE Limited and the National Stock Exchange of India Limited.
Nippon Life Insurance Company (“NLI”) is Japan’s leading private life insurer, offering a diverse range of financial products, including individual and group life and annuity policies, through a variety of distribution channels, with traditional insurance products primarily sold through face-to-face sales channels.
Its primary markets are Japan, North America, and Europe. and Asia, with the company’s headquarters in Osaka, Japan. NLI handles assets in Asia through its subsidiary Nissay Asset Management Corporation (“Nissay”), which also manages assets abroad.NAM India is India’s largest asset manager, with a client base of over 5 million investors across businesses such as mutual funds, ETFs, portfolio management services, pension funds, alternative investments, offshore strategies, and international advisory services to clients worldwide in asset classes such as debt, equity, and real estate.NAM India has the most extensive reach, with over 42,500 third-party distributors, over 160 customer touch-points, and one of India’s largest and most experienced investing teams across Equities, Fixed Income, Quant, and Alternative Investments.