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Nippon India Retirement Fund - Income Generation Scheme

Nippon India Retirement Fund - Income Generation Scheme

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

7.17

as on 26 May 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,310 today.

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NAV Performance

Nippon India Retirement Fund - Income Generation Scheme performance graph for last 3 years
Performance of Nippon India Retirement Fund - Income Generation Scheme for last 3 Years

Fund Information

  • ₹ 16.772

    as on 26 May 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 170 Cr.

    as on 31 Mar 2023
  • 2.07%

  • 11 Feb 2015

  • Hybrid - Retirement Fund

  • Nifty 50

  • Nippon India Mutual Fund

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Highlights of this fund

Nippon India Retirement Fund - Income Generation Scheme is an Open-ended Hybrid Fund. The fund belongs to Retirement Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 11 Feb 2015. This fund is offered by one of the top AMC (Assets Management Company) Nippon India Mutual Fund. You can also view here all other Hybrid funds offered by Nippon India Mutual Fund.

Latest NAV of the fund is ₹ 16.772 as on 26 May 2023.

This fund has 8 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.07%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

To provide capital appreciation and consistent income to the investors which will be in line with their retirement goals by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities.

List of Fund Managers of Nippon India Retirement Fund - Income Generation Scheme

  • About Kinjal Desai

    Picture of Kinjal DesaiKinjal Desai is Fund Manager – Overseas at Reliance Mutual Fund. Kinjal has obtained her Masters in Economics from Warwick University, UK. She has a total experience of 6 years as Research Analyst – Equities at Reliance Mutual Fund where she started her career as an Associate.
  • About Pranay Sinha

    Picture of Pranay SinhaMr. Pranay Sinha has an overall experience of around 10 years in financial markets. Prior to joining BSLAMC, he wored as a Trader - Interest Rates in BNP Paribas Bank (October 2010 - August, 2014). Pranav has also worked with Morgan Stanley Investment Management Private Limited (March 2008 - October 2010) and ICICI Prudential Asset Management Company Limited (October 2005 - March 2008). He holds a degree from IIT Kharagpur in Aerospace Engg and a Post Graduation degree (PGDM) from IIM Calcutta with Major in Finance.
  • About Sanjay Doshi

    Picture of Sanjay DoshiMr. Sanjay Doshi has over 13 years of experience in equity research and fund management. Prior to joining Reliance Nippon Life Asset Management Limited (formerly Reliance Capital Asset Management Limited) in 2011, he has worked with Macquarie Securities and JP Morgan. He is a qualified Chartered Account, has done MBA with specialization in Finance from NMIMS (Deemed University), Mumbai and has cleared CFA Level III.
  • About Akshay Sharma

    Picture of Akshay Sharma

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 5.27% 22.50% 29.22% 24.27% 17.91% 36.22% 14.86% 8.62% 23.90% 15.90% 23.15% 20.61% 7.41%
Category Average 2.99% 6.29% 4.51% 10.76% 6.59% 13.25% 8.45% 8.62% 11.01% 6.15% 8.88% 11.34% 7.41%
Nippon India Retirement Fund - Income Generation Scheme 2.48%₹ 10,247 4.83%₹ 10,483 4.50%₹ 10,449 11.33%₹ 11,133 13.11%₹ 12,829 5.13%₹ 11,053 7.22%₹ 25,819 7.17%₹ 12,310 6.50%₹ 39,719 7.11%₹ 14,104 6.81%₹ 71,252 - -
HDFC Retirement Savings Fund - Equity Plan 4.30%₹ 10,430 7.60%₹ 10,760 6.64%₹ 10,663 24.27%₹ 12,427 23.90%₹ 13,490 16.90%₹ 13,664 15.90%₹ 28,072 36.22%₹ 25,276 23.15%₹ 50,393 14.86%₹ 20,003 20.61%₹ 1,00,121 - -
ICICI Prudential Retirement Fund (Pure Equity Plan) 4.74%₹ 10,473 8.24%₹ 10,823 1.68%₹ 10,168 12.82%₹ 11,281 14.15%₹ 12,894 17.91%₹ 13,903 11.20%₹ 26,845 31.63%₹ 22,805 19.32%₹ 47,787 - - - -
Nippon India Retirement Fund - Wealth Creation Scheme 5.27%₹ 10,526 6.71%₹ 10,670 0.21%₹ 10,020 16.57%₹ 11,657 15.36%₹ 12,968 10.90%₹ 12,298 8.49%₹ 26,145 27.92%₹ 20,934 14.78%₹ 44,815 6.88%₹ 13,951 11.57%₹ 80,225 - -
HDFC Retirement Savings Fund - Hybrid - Equity Plan 3.81%₹ 10,381 6.34%₹ 10,633 5.60%₹ 10,560 19.47%₹ 11,947 19.31%₹ 13,211 10.99%₹ 12,317 11.66%₹ 26,962 25.29%₹ 19,666 15.73%₹ 45,425 11.99%₹ 17,628 14.84%₹ 86,966 - -
ICICI Prudential Retirement Fund (Hybrid Aggressive Plan) 3.92%₹ 10,392 7.49%₹ 10,749 1.03%₹ 10,103 11.79%₹ 11,179 12.01%₹ 12,761 9.10%₹ 11,902 7.09%₹ 25,786 21.59%₹ 17,977 12.00%₹ 43,056 - - - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Retirement Fund - Income Generation Scheme as on 28 May 2023 are listed below:

  • Equity Holdings:

    19.61%
  • Debt Holdings:

    76.57%
  • Others Holdings:

    3.82%

Top Sector Holdings of Nippon India Retirement Fund - Income Generation Scheme

Name of SectorHolding PercentageHolding Values in Crore
Banks 4.90% ₹ 8.31 Cr.
Computers - Software 2.16% ₹ 3.65 Cr.
Engineering, designing, construction 1.88% ₹ 3.19 Cr.
Refineries/Marketing 1.37% ₹ 2.33 Cr.
Insurance 1.02% ₹ 1.74 Cr.
Others 88.67% -

Top Stock Holdings of Nippon India Retirement Fund - Income Generation Scheme

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 1.40% ₹ 2.37 Cr.
Reliance Industries Ltd. 1.37% ₹ 2.33 Cr.
HDFC Bank Ltd. 1.28% ₹ 2.17 Cr.
Larsen & Toubro Ltd. 1.15% ₹ 1.95 Cr.
Axis Bank Ltd. 1.01% ₹ 1.72 Cr.
Others 93.79% -

Top Debt Instrument Type holdings of Nippon India Retirement Fund - Income Generation Scheme

Instrument TypeHolding PercentageHolding Values in Crore
GOI 76.57% ₹ 129.81 Cr.
Others 23.43% -

Top Debt Holdings of Nippon India Retirement Fund - Income Generation Scheme

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 76.57% ₹ 129.81 Cr.
Others 23.43%

Other Holdings

Holding TypeHolding Percentage
TREPS 2.46%
Net Receivables 1.33%
Margin 0.03%