Category
III
Strategy
Long-only
Fund house
Nippon Life India AIF Management

NIEO 7 - Reimagine India Opportunity

+8.90%

1-year return, after expenses, before tax

Benchmark NIFTY 500 & Debt Composite Index · data as of 31 Aug 2026

NIEO 7 - Reimagine India Opportunity, a Category III long-only AIF from Nippon Life India AIF Management, returned 8.90% (after expenses, before tax) in the year to 31 Aug 2026. It began on 23 Feb 2022.

Key numbers

AUM
—
Benchmark
NIFTY 500 & Debt Composite Index
Launched
23 Feb 2022
Min. investment
₹1 crore
Returns basis
After expenses, before tax

Returns

NIEO 7 - Reimagine India Opportunity returns against the NIFTY 500 & Debt Composite Index
PeriodThis fundNIFTY 500 & Debt Composite Index
1 month+2.20%0.00%
3 months+5.30%+3.50%
6 months+5.80%+1.20%
1 year+8.90%+4.40%
2 years+2.40%−0.60%
3 years+17.50%+11.50%
Since inception+16.00%+11.20%

After expenses, before tax, as Nippon Life India AIF Management reports them, to 31 Aug 2026. AIFs report returns on different bases, so compare like with like.

Fund details

Category
Category III
Strategy
Long-only
Market-cap style
Multi / flexi cap
Asset type
Equity
Benchmark
NIFTY 500 & Debt Composite Index
Fund manager
Rahul Veera

Market-cap mix

  • Large cap51.95%
  • Mid cap10.53%
  • Small cap36.26%
  • Cash1.26%

The five largest holdings are 20.12% of the portfolio.

Investment approach

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About the fund manager

Mr Rahul Veera — Fund Manager

Mr. Rahul Veera currently serves as the Fund Manager (Equity) at Nippon India AIF, boasting over 14 years of extensive experience encompassing Equity Research and Fund Management. He has previously worked with renowned organizations including Abakkus Asset Managers, Morgan Stanley, Edelweiss, and Elara Capital. Mr. Veera holds a Bachelor of Commerce degree from H.R College (Mumbai University), an MBA from Swansea University (UK), and an Executive Finance certification from the Indian Institute of Management (Calcutta). His adeptness in research spans across diverse sectors such as consumer goods, pharmaceuticals, chemicals, and building materials. He has a proven track record of identifying profitable themes and stocks, yielding substantial returns. Mr. Veera's tenure across various firms has equipped him with a plethora of transferable skills and provided ample opportunities to excel in portfolio management and investment analysis.

As the fund house describes it.

FAQs

What has NIEO 7 - Reimagine India Opportunity returned?

8.90% (1-year return) to 31 Aug 2026, after expenses, before tax, as Nippon Life India AIF Management reports it. 1 month: 2.20%; 3 months: 5.30%; 6 months: 5.80%; 1 year: 8.90%; 2 years: 2.40%; 3 years: 17.50%; Since inception: 16.00%.

What kind of AIF is NIEO 7 - Reimagine India Opportunity?

A Category III AIF following a long-only strategy, with a multi / flexi cap style. Category III AIFs trade listed and unlisted securities and may use leverage and derivatives, including short positions.

What is the minimum investment in an AIF?

SEBI sets the minimum at ₹1 crore per investor (₹25 lakh for the fund’s own employees and directors). NIEO 7 - Reimagine India Opportunity’s stated minimum is ₹1 crore.

Who manages NIEO 7 - Reimagine India Opportunity?

Nippon Life India AIF Management runs it; the fund manager is Rahul Veera.

How are AIF returns reported?

Each fund house reports its own returns on its own basis: NIEO 7 - Reimagine India Opportunity’s are after expenses, before tax. Bases differ from fund to fund, so compare like with like.

For information only. Not investment advice or a research report. Past performance does not guarantee future returns. AIF investments carry higher minimums and risks; read the private placement memorandum.

Full disclaimer

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