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Fund manager · Nippon

Sushil Budhia

Senior Fund Manager – Debt Investments at Nippon. Runs 12 schemes worth ₹46,270 Cr.

  • Fund house

    NipponThey run their schemes at Nippon.

  • AUM they run

    ₹46,270 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    12 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since Aug 2024.

  • Experience

    25 years25

Profile(Nippon's SAI, 14 Aug 2026)

About

Role
Senior Fund Manager – Debt Investments
Studied
Chartered Accountant
Age
48 years
Experience
25
Also as
Sushil Hari Prasad Budhia (Nippon)

Schemes now11

  1. Nippon India Multi Asset Allocation Fund₹18,044 Cr
  2. Nippon India Balanced Advantage Fund₹9,532 Cr
  3. Nippon India Short Term Fund₹6,364 Cr
  4. Nippon India Aggressive Hybrid Fund₹3,857 Cr
  5. Nippon India Multi Asset Omni FoF₹3,012 Cr
  6. Nippon India Credit Risk Fund₹1,708 Cr
  7. and 5 more, all below

AUM they run(Feb 2020 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 202645,641−0.1%
Aug 202645,698+1.3%
Jul 202645,106+3.2%
Jun 202643,689+1.9%
May 202642,859+1.9%
Apr 202642,046+9.8%
Mar 202638,290−7.7%
Feb 202641,506+2.5%
Jan 202640,493+1.5%
Dec 202539,911+3.1%
Nov 202538,714+5.0%
Oct 202536,863+5.8%
AUM at month end, Sept 2026
₹45,641 Cr
+23.8% since Oct 2025
Fig. 1.The AUM of the schemes Sushil Budhia ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Feb 2020 – now)

  1. Aggressive Hybrid Fund
  2. Credit Risk Fund
  3. Conservative Hybrid Fund
  4. Equity Savings Fund
  5. Medium Term Fund
  6. Multi Asset Allocation Fund
  7. Balanced Advantage Fund
  8. Short Term Fund
  9. Multi Asset Omni FoF
  10. Income Plus Arbitrage Active Fund of Fund
  11. Income Plus Arbitrage Omni Fund of Fund
Nippon202120222023202420252026
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Feb 2020 – now)

Nippon

11 now · since Feb 2020
  1. Nippon India Multi Asset Allocation Fund
    Fund managerMar 2021—5y 8m₹18,044 CrMulti Asset AllocationTER 0.47%
  2. Nippon India Short Term Fund
    Co-managerMar 2021—5y 8m₹6,364 CrShort TermTER 0.39%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(11 schemes)

Growth · Direct plans

Return as manager
+6.75%
Beat peers
4 of 10
vs peers
−0.67 pt
Longest run
6.7 years
Beat benchmark
Upcoming
Each scheme Sushil Budhia ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
Nippon India Aggressive Hybrid Fund
Feb '20–now · 6.7y
+10.74%+12.00%−1.26 pt––
Nippon India Credit Risk Fund
Feb '20–now · 6.7y
+6.77%+7.95%−1.18 pt––
Nippon India Medium Term Fund
Feb '20–now · 6.7y
+3.34%+7.34%−4.00 pt––
Nippon India Equity Savings Fund
Feb '20–now · 6.7y
+5.81%+9.03%−3.22 pt––
Nippon India Conservative Hybrid Fund
Feb '20–now · 6.7y
+6.66%+8.78%−2.13 pt––
Nippon India Balanced Advantage Fund
Mar '21–now · 5.6y
+10.37%+9.41%+0.96 pt––
Nippon India Short Term Fund
Mar '21–now · 5.6y
+6.74%+6.30%+0.44 pt––
Nippon India Multi Asset Allocation Fund
Mar '21–now · 5.6y
+15.96%+13.44%+2.52 pt––
Nippon India Multi Asset Omni FoF
Mar '21–now · 5.6y
+16.39%+12.88%+3.51 pt––
Nippon India Income Plus Arbitrage Active Fund of Fund
Jun '25–now · 1.3y
+5.45%+5.61%−0.17 pt––
Nippon India Income Plus Arbitrage Omni Fund of Fund
Sep '26–now · 0.1y
+0.49%−4.02%+4.51 pt––
Fig. 1.Each scheme Sushil Budhia ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(12 now)

  1. Vikash AgarwalIncome Plus Arbitrage Omni Fund of Fund · Income Plus Arbitrage Omni Fund of Fund · Income Plus Arbitrage Omni Fund of Fund · Income Plus Arbitrage Omni Fund of Fund · Income Plus Arbitrage Active Fund of Fund5 schemes
  2. Dhrumil ShahConservative Hybrid Fund · Equity Savings Fund2 schemes
  3. Vikram DhawanMulti Asset Allocation Fund · Multi Asset Omni FoF2 schemes
  4. Amber SinghaniaMulti Asset Allocation Fund1 scheme
  5. Bhavik DaveBalanced Advantage Fund1 scheme
  6. Herin VisariaEquity Savings Fund1 scheme
  7. Jignesh KamaniAggressive Hybrid Fund1 scheme
  8. Kinjal DesaiMulti Asset Allocation Fund1 scheme

Career(May 2001 – now)

Over 25 years of experience across Debt Markets

  1. Position not stated
    Jan 2019—7y 10m

NAM India: Senior Fund Manager

  1. Position not stated
    Mar 2006—Jan 201912y 11m

YES Bank Ltd.: Senior President Financial Markets. Handled Debt Capital Markets and prop trading book of the Bank

  1. Position not stated
    Dec 2002—Mar 20063y 4m

Axis Bank (Erstwhile UTI Bank) : Manager, Merchant Banking. Handled Corporate Bond Desk of the Bank

  1. Position not stated
    May 2001—Dec 20021y 8m

Source.Nippon's Statement of Additional Information, as of 14 Aug 2026.