In an effort to help government fight against the novel coronavirus, Nippon Life Mutual Fund has contributed a sum of Rs.5 crore to support the cause – Rs.4 crore to PM Cares Fund and Rs.1 crore to the CM Relief Fund Maharashtra.
In a note, Sundeep Sikka, MD and CEO, Nippon Life India AMC said that his fund house is the first AMC to contribute toward the cause. “These are unprecedented times and we are in unchartered territory. Under the able leadership of our PM Modi, we have been able to stay ahead of the pandemic and will continue to do so. As we humbly offer our small contribution to Indias fight against covid-19, we rededicate ourselves to keep doing our best in every way possible to help our great country and indeed the entire humankind to get victorious from these testing times.”
The fund house along with employees have made this contribution. “Our employees have contributed individually over and above our CSR budget to arrive at this sum,” said the fund house.
