Nippon Life India Asset Management (NAM India), asset manager of Nippon India Mutual Fund (NIMF), has announced the launch of the Nippon India Taiwan Equity Fund on November 22, 2021. The Fund will be India’s first open-ended equity scheme following a Taiwan-focused theme.

Nippon Life India Asset Management (NAM India), asset manager of Nippon India Mutual Fund (NIMF), has announced the launch of the Nippon India Taiwan Equity Fund on November 22, 2021. The Fund will be India’s first open-ended equity scheme following a Taiwan-focused theme.

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This fund will be advised by Cathay SITE, the largest Asset Manager in Taiwan with $42.8 billion in AUM. It is also the largest segregated account manager in the Taiwan Equity market for Taiwan public pensions, Nippon MF said.