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      • Nippon has become the sole promoter of the asset management firm after it bought stake from Anil Dhirubhai Ambani group’s stake in the joint venture — Nippon has bought 75 per cent stake in the company for about Rs 6,000 crore.
      www.newindianexpress.com/business/2019/oct/08/nippon-takeover-of-reliance-mutual-fund-complete-2044622.html
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  2. Oct 9, 2019 · Reliance Mutual Fund has been renamed as Nippon India Mutual Fund. The new name came after Nippon Life Insurance of Japan completed the acquisition of 75 per cent stake in Reliance Nippon Life Asset Management from Reliance Capital.

  3. mf.nipponindiaim.com › nipponindia-mutual-fundNIPPON INDIA MUTUAL FUND

    Nippon India Mutual Fund has been registered with the Securities & Exchange Board of India (SEBI) vide registration number MF/022/95/1 dated June 30, 1995. Nippon India Mutual Fund (NIMF) was earlier known as Reliance Mutual Fund. The name of Mutual Fund was changed from Reliance Mutual Fund to Nippon India Mutual Fund effective September 28 ...

  4. Oct 8, 2019 · Nippon Life entered Reliance AMC first by buying a 26 percent stake in 2012 and now owns as much as 75 percent, making it the single largest promoter. Nippon has paid ₹ 6,000 crore for 75...

  5. Oct 9, 2019 · In 2012, Nippon Life Insurance bought a stake in Reliance Mutual. The company was subsequently renamed as Reliance Nippon Life Asset Management (RNLAM). The new entity went public...

  6. Nippon Life India Asset Management Limited (NAM India) is the asset manager of Nippon India Mutual Fund (NIMF). The name of our Company was changed from 'Reliance Nippon Life Asset Management Limited' to ‘Nippon Life India Asset Management Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Mumbai on ...

  7. May 24, 2024 · Enter the Nippon. In 2012, Nippon Life bought a 26% stake in the fund house for ₹ 1,450 crore. But, the insurer wanted a bigger share of the pie.