LEH, Aug. 1 -- Nippon Life India Asset Management Limited (NAM India), asset manager of Nippon India Mutual Fund (NIMF), one of the India's largest asset managers, today announced the opening of its new branch in Leh, Ladakh. This marks a significant milestone for the mutual fund industry as NIMF becomes the only asset management company in the country to establish a physical presence in such a high-altitude region.

This milestone marks NAM India's 167th branch and extends our presence to 266 pin codes across the country, underscoring our commitment to democratizing access to investments, especially in underserved and remote regions.

Ladakh, a Union Territory known for its breathtaking landscapes and rich cultural heritage, has seen a sur...