Nippon Life India Asset Management (NAM India), Asset manager of Nippon India Mutual Fund, has successfully completed the New Fund Offer (NFO) of Nippon India Multi Asset Fund. The fund has collected Rs 720 crore, making it one of the largest digital NFO. This is one of the biggest amounts raised through an NFO during the pandemic.
Nippon Life India Asset Management is one of the largest asset managers in India, managing (directly &indirectly) assets across mutual funds including Exchange Traded Funds, managed accounts, including portfolio management services, alternative investments funds and pension funds; and offshore funds and advisory mandates