Equity
    Alternative Investment Funds

    Seizing growth

    Amplifying the latent potential of dynamic Indian markets!

    Anchored in more than a century-old legacy, we meticulously curate portfolios of listed equity securities across diverse market capitalizations, guided by our proprietary 'Must 5 Quality' framework. Our mission transcends conventions; we craft portfolios engineered with a bottom-up stock-picking approach, driven by visionary insights and a commitment to investment excellence.

    Prepare for a journey of wealth creation with Nippon India Equity Opportunities, our CAT III Alternative Investment Funds.

    Anchored in more than a century-old legacy, we meticulously curate portfolios of listed equity securities across diverse market capitalizations, guided by our proprietary 'Must 5 Quality' framework. Our mission transcends conventions; we craft portfolios engineered with a bottom-up stock-picking approach, driven by visionary insights and a commitment to investment excellence.
    ₹4,500 Cr+
    Commitments raised
    11 different strategies
    Designed for unique market opportunities
    3-5 years
    Buy & hold investment mechanism
    20-30 winning ideas
    Portfolio size
    Navigating the true north in the CAT III Equity Alternatives

    Where every investment decision echoes a 135-year-old legacy

    As beacons in India’s long-only equity space, we are carving pathways to wealth creation, ensuring each stock is carefully selected to stand the test of time and deliver lasting value in your wealth journey.
    Nippon India Equity Opportunities AIF Scheme - 10

    Strategy name

    R.I.S.E.

    Inception date

    25th February 2025

    Target sector

    Diversified

    Target market cap

    Multi Cap

    Benchmark

    NIFTY 500

    Minimum commitment required

    ₹1 Cr

    Lead

    Mr Rahul Veera

    Co-manager

    Mr Prashant Kutty

    Strategy name

    R.I.S.E.

    Inception date

    25th February 2025

    Target sector

    Diversified

    Target market cap

    Multi Cap

    Benchmark

    NIFTY 500

    Minimum commitment required

    ₹1 Cr

    Lead

    Mr Rahul Veera

    Co-manager

    Mr Prashant Kutty

    Nippon India Equity Opportunities AIF Scheme - 11

    Strategy name

    Empowered India

    Inception date

    29th July 2025

    Target sector

    Diversified

    Target market cap

    Multi Cap

    Benchmark

    NIFTY 500

    Minimum commitment required

    ₹1 Cr

    Lead

    Mr Rahul Veera

    Co-manager

    Mr Prashant Kutty

    Strategy name

    R.I.S.E.

    Inception date

    25th February 2025

    Target sector

    Diversified

    Target market cap

    Multi Cap

    Benchmark

    NIFTY 500

    Minimum commitment required

    ₹1 Cr

    Lead

    Mr Rahul Veera

    Co-manager

    Mr Prashant Kutty

    Opportunity Canvas

    Diversified themes charting a course of financial resilience

    For over half a decade, our themes have sculpted success stories, forging a legacy of wealth appreciation.
    Navigating through market volatility with a compass forged from decades of expertise, our distinctive themes have time and again offered investors a glimpse into the boundless potential of long term equity wealth accumulation.
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    Nippon India Equity Opportunities AIF Scheme – 11

    Nippon India Equity Opportunities AIF Scheme – 11 (Empowered India Fund)

    (A MULTI-CAP OFFERING)

    Aims to invest in sectors that EMPOWER INDIA—supporting enterprises that contribute to nation-building and hold global relevance. Specifically, the fund manager seeks to allocate approximately 70% of the corpus to companies driven by domestic consumption, reflecting India's robust internal demand, while the remaining 30% will be directed toward businesses with strong export potential that cater to global markets.

    Lead: Rahul Veera

    Co Manager: Prashant Kutty

    Target themes/companies -

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    India focused companies benefiting from rising consumption, capex revival and policy push like Banking, Energy, Manufacturing, Consumption, Cement & Industrials.

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    Export oriented companies in niche sectors where India has global cost and quality advantage like Pharma, IT.

    Nippon India Equity Opportunities AIF Scheme – 10

    Nippon India Equity Opportunities AIF Scheme – 10 (R.I.S.E.)

    (A MULTI-CAP OFFERING)

    Aims to deliver superior returns by investing in India’s structural growth story through a focused portfolio of companies that stand to benefit from rising industries, superior stock selection and executional excellence.

    Lead: Rahul Veera

    Co Manager: Prashant Kutty

    Target themes/companies -

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    India’s structural growth – PLI schemes, capex revival, and manufacturing-led exports

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    Rising Industries such as Industrials, Infra and Power, IT and Allied services etc.

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    Focus on high-growth, high ROE companies with strong governance.

    Nippon India Equity Opportunities AIF Scheme – 9

    Nippon India Equity Opportunities AIF Scheme – 9 (Undiscovered India Opportunity)

    (A SMALL-CAP OFFERING)

    NOW CLOSED FOR SUBSCRIPTION

    Aims to meticulously curate a portfolio through a bottom-up investment approach, with a predominant focus on the small-cap segment. The fund’s strategic objective is to engage in investments centered on Undiscovered, Under-Owned, and Under-Researched opportunities, which possess the potential to deliver exceptional returns over the long term.

    Lead: Rahul Veera

    Co Manager: Prashant Kutty

    Target themes/companies -

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    High Capital Efficiency with massive headroom to grow.

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    Strong visibility of earnings growth over next 3-5 years.

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    Run by dynamic and ethical entrepreneurs.

    Nippon India Equity Opportunities AIF Scheme - 8

    Nippon India Equity Opportunities AIF Scheme – 8 (Unlimited India)

    (A MULTI-CAP OFFERING)

    NOW CLOSED FOR SUBSCRIPTION

    Aims to deliver superior returns by investing in Indian growth stories through a focused portfolio of companies that stand to benefit from the unlimited opportunity that the Indian economy has to offer over the next decade.

    Lead: Rahul Veera

    Co Manager: Prashant Kutty

    Target themes/companies -

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    Multicap portfolio with the right blend of secular growth and cyclical opportunities

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    Companies that stand to benefit from the unlimited opportunity that the Indian economy has to offer over the next decade

    Nippon India Equity Opportunities AIF Scheme - 7

    Nippon India Equity Opportunities AIF Scheme – 7 (Reimagine India Opportunity)

    (A MULTI-CAP OFFERING)

    NOW CLOSED FOR SUBSCRIPTION

    Aims to deliver superior returns by investing in India's growth story through a focussed portfolio of high growth businesses that stand to benefit over the next 5-7 years.

    Lead: Rahul Veera

    Co Manager: Prashant Kutty

    Target themes/companies -

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    Companies with strong visibility of earnings growth over the next 3-5 years in manufacturing, digital technology, and banking services.

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    Carefully constructed bottom-up companies that are likely to benefit from emerging trends within India.

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    Companies that have demonstrated a consistent track record of growth in revenue, profitability, and capital efficiency over the last few years.

    Nippon India Equity Opportunities AIF Scheme - 6

    Nippon India Equity Opportunities AIF Scheme – 6 (Champions of the 21st Century)

    (A MULTI-CAP OFFERING)

    NOW CLOSED FOR SUBSCRIPTION

    Aims to deliver superior returns by investing in a focused portfolio of Indian companies that are market leaders or have the potential to be dominant in their area of operations either in India or abroad.

    Lead: Prashant Kutty

    Co Manager: Rahul Veera

    Target themes/companies -

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    Companies that are or have the potential to become global leaders in their product or segment.

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    Entities amongst the top 10 companies globally.

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    Companies with global operations, exports, and acquisitions.

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    Companies exhibiting revenue growth, profitability and high capital efficiency over the last 10 years.

    Nippon India Equity Opportunities AIF Scheme - 5

    Nippon India Equity Opportunities AIF Scheme – 5 (The $5 Trillion Opportunity)

    (A MULTI-CAP OFFERING)

    NOW CLOSED FOR SUBSCRIPTION

    Focussed portfolio of high-growth businesses that stand to benefit from India becoming a five trillion dollar economy over the next 5-7 years.

    Lead: Rahul Veera

    Co Manager: Prashant Kutty

    Target themes/companies -

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    High-growth companies with a market capitalisation of more than 500 cr.

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    Benchmark agnostic concentrated portfolio of 20-30 companies benefitting from themes like the ease of living, indigenous push for technology, and better infrastructure.

    Nippon India Equity Opportunities AIF Scheme - 4

    Nippon India Equity Opportunities AIF Scheme – 4 (The NEXT Billion)

    (A MULTI-OFFERING)

    NOW CLOSED FOR SUBSCRIPTION

    Focussed portfolio of high-growth businesses that stand to benefit from a paradigm shift in the economy unleashed by the next billion Indians from tier II-IV cities, semi-urban & rural areas.

    Lead: Prashant Kutty

    Co Manager: Rahul Veera

    Target themes/companies -

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    Benchmark agnostic concentrated portfolio of 20-30 companies that benefit from themes like ease of living, indigenous push for technology, and improved infrastructure.

    Nippon India Equity Opportunities AIF Scheme - 3

    Nippon India Equity Opportunities AIF Scheme – 3 (India Millennial Opportunity)

    (A MULTI-CAP OFFERING)

    NOW CLOSED FOR SUBSCRIPTION

    Portfolio of high-growth businesses that stand to benefit from the millennial-driven economy.

    Lead: Prashant Kutty

    Co Manager: Rahul Veera

    Target themes/companies -

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    Benchmark-agnostic portfolio of 20-30 companies from the fulfilment ecosystem, aspirational consumption, financing, and investing domains.

    Nippon India Equity Opportunities AIF Scheme - 2

    Nippon India Equity Opportunities AIF Scheme – 2 (The Indian Financial Services Boom)

    (A SECTOR OFFERING)

    NOW CLOSED FOR SUBSCRIPTION

    Aims to work through a portfolio comprising fundamentally sound companies in the financial services space.

    Lead: Prashant Kutty

    Co Manager: Rahul Veera

    Target themes/companies -

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    Fundamentally sound companies in the space working towards democratisation of banking services.

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    Companies in the midst of financial savings boom.

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    Companies benefitting from the ‘Housing for All’ Programme 2022.

    Nippon India Equity Opportunities AIF Scheme - 1

    Nippon India Equity Opportunities AIF Scheme – 1 (The Big Switch)

    (A MID-CAP OFFERING)

    SCHEME WOUND DOWN

    Aims to deliver superior returns by participating in India’s growth story through a focussed portfolio of high-growth emerging businesses that stand to benefit from a paradigm shift from an unorganised to organised sector.

    Target themes/companies -

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    Companies with a market cap of less than ₹20,000cr.

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    Existing/potential leaders in their field of operations.

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    Companies that have demonstrated high capital efficiency on Return on Equity/Return on Capital Employed.

    Crafting your legacy

    For evergreen investment journeys

    At Nippon India Alternative Investments, we understand that your financial goals are unique. It’s through the Nippon India group’s paradigm in innovation, diversification, and strategic depth, that the investment journeys of our investors are being shaped.
    Investments in companies that strictly adhere to Nippon India Alternatives’ Unique ‘Must 5 Quality’ framework.
    Investments made with a 3-5 year buy and hold view.
    Companies selected with bottom-up stock picking resulting in a unique and differentiated portfolio.
    Benchmark-agnostic portfolio of the top 20-30 ideas.
    Housing an experienced team of researchers in the Indian Public Equity investment ecosystem.

    Must 5 Quality Framework for due diligence

    must 5
    must 5
    must 5
    must 5
    must 5
    Business Potential

    Business Potential

    must 5
      • Growth Opportunity (Scale)
      • Sustainable Competitive Advantage
    Earnings Track Record

    Earnings Track Record

    must 5
      • Consistent Performance across Business Cycle
      • Revenues, EBITDA, Profit Growth
      • Margin Profile
      • Return on Equity (ROE)
      • Return on Assets (ROA)
    Corporate Governance

    Corporate Governance

    must 5
      • Treatment of Minority Shareholders
      • Promoters Track Record
      • Accounting red flags
      • Share Pledge
    Environment & Social Factors

    Environment & Social Factors

    must 5
    • Environmental Factors

      • Water Management
      • Emission and Effluent Policy
    • Social Factors

      • Employee Benefits
      • Health & Safety
      • Diversity & Inclusion
    Capital Allocation

    Capital Allocation

    must 5
      • Unrelated Diversification
      • Leverage
      • Equity Dilution

    Beyond the headlines

    A fresh perspective on public equity investments

    Discover the pulse of the equity universe with updates and insights straight from Nippon India trenches.

    Disclaimer

    Equity investments are subject to market and other risks and there can be no assurance that the objectives of any of the schemes that may be launched by Nippon Life India AIF Management Limited will be achieved. Any prediction, projection or forecast on the economy, stock market, bond market or the economic trends of the markets which are targeted by the schemes are not necessarily indicative of the future or likely performance. The past performance of the NIAIF, its parent company, and its affiliates does not indicate the future performance of any of the schemes of NIAIF that may be launched in the future.

    © 2025 Nippon Life India AIF Management Limited.