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Fund Pick: Nippon India Value Fund is a consistent long-term performer

The fund's month-end assets under management (AUM) increased to Rs 4,205 crore in February 2022 from Rs 3,255 crore in March 2019.

Nippon Life Insurance Company, Nippon India Mutual Fund, Reliance Mutual Fund" renamed as  Nippon India Mutual Fund - KAMLESH PEDNEKAR
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Crisil Research
Launched in June 2005, Nippon India Value Fund has featured in the top 30 percentile of the value/contra funds category of CRISIL Mutual Funds Ranking (CMFR) for three consecutive quarters through December 2021. The fund’s month-end assets under management (AUM) increased to Rs 4,205 crore in February 2022 from Rs 3,255 crore in March 2019.

The investment objective of the scheme is to seek capital appreciation and/or to generate consistent returns by actively investing in equity/equity-related securities predominantly into value stocks. Meenakshi Dawar has been managing the fund since May 2018.

Trailing returns

The fund has outperformed the benchmark (Nifty 500 TRI) and

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