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Nippon Life India Asset Management Limited, announces the launch of its first fund out of GIFT City, the Nippon India Large Cap Fund GIFT.

This strategic move marks an important milestone in expanding the firm’s global footprint and providing innovative investment opportunities to international investors.

The Nippon India Large Cap Fund GIFT is a feeder fund which will be managed by Nippon Life India Asset Management Limited (IFSC Branch) that will invest in the renowned Nippon India Large Cap Fund, a 17-year-old fund that has consistently delivered strong performance and currently manages over Rs.35,000 crore in assets under management (AUM). This fund’s track record of growth, combined with the robust expertise of the Nippon India AMC team, provides a compelling option for investors looking to access high-quality large-cap stocks.

Speaking at the launch, Sundeep Sikka, ED and CEO, Nippon Life India Asset Management Limited said, “We are excited to introduce our 1st fund out of GIFT City Nippon India Large Cap Fund GIFT, marking a significant milestone for us. This Feeder fund offers global investors access to our flagship Nippon India Large Cap Fund’s proven 17-year track record. In a dynamic market, India presents a compelling long-term investment opportunity, and GIFT City is an ideal platform to expand our international presence. This fund aims to cater global investors, providing seamless exposure to India’s equity market.”

Key Features of the Nippon India Large Cap Fund GIFT:

* Investment Strategy: Feeder fund investing in the high-performing Nippon India Large Cap Fund

* Proven Track Record: 17 years of consistent performance with AUM of Rs.35,699.99 Cr (as on 31^st Dec 2024)

* Global Appeal: Designed for international investors, including NRIs and foreign nationals

* Diversified Exposure: Access to high-quality large-cap stocks in India’s growing equity market

Nippon Life India Asset Management provides differentiated investment opportunities across a variety of asset classes. The firm even aspires to be the solution provider of choice for global investors seeking India-focused investment solutions and for Indian and offshore investors seeking global opportunities. With a focus on offering customized investment solutions, the firm aims to be the partner of choice for global investors seeking exposure to India and for Indian investors looking for global solutions. The growing global interest in Indian markets presents a significant long-term opportunity. Nippon Life India Asset Management is strategically positioned to capitalize on this demand, offering innovative solutions for institutional and individual investors worldwide.

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