MyWealthGrowth.com logo
HomeMutual Funds

Nippon India Retirement Fund - Wealth Creation Scheme

Nippon India Retirement Fund - Wealth Creation Scheme

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

12.93

as on 16 Aug 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,408 today.

Invest Now

NAV Performance

Nippon India Retirement Fund - Wealth Creation Scheme performance graph for last 3 years
Performance of Nippon India Retirement Fund - Wealth Creation Scheme for last 3 Years

Fund Information

  • ₹ 17.824

    as on 16 Aug 2022
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 2,317 Cr.

    as on 31 Dec 2021
  • 2.13%

  • 11 Feb 2015

  • Hybrid - Retirement Fund

  • S&P BSE 500 TRI

  • Nippon India Mutual Fund

    Show All Funds

Highlights of this fund

Nippon India Retirement Fund - Wealth Creation 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 ₹ 17.824 as on 16 Aug 2022.

This fund has 7 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.13%. Ideally you shoulds compare this fund with the benchmark S&P BSE 500 TRI.

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 - Wealth Creation Scheme

  • About Pranay Sinha

    Picture of Pranay Sinha
  • 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.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very 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 10.97% 22.50% 29.22% 17.58% 34.72% 23.55% 13.98% 8.82% 12.51% 25.99% 27.47% 19.37% 7.94%
Category Average 4.91% 8.29% 3.96% 4.79% 13.24% 9.58% 7.94% 8.82% 4.10% 9.10% 11.58% 10.60% 7.94%
Nippon India Retirement Fund - Wealth Creation Scheme 10.97%₹ 11,097 13.22%₹ 11,321 3.11%₹ 10,311 7.18%₹ 10,717 7.03%₹ 12,450 26.80%₹ 16,098 17.09%₹ 28,396 12.93%₹ 14,408 18.61%₹ 47,337 6.98%₹ 14,014 11.31%₹ 79,727 - -
HDFC Retirement Savings Fund - Equity Plan 8.48%₹ 10,847 12.10%₹ 11,210 6.71%₹ 10,671 10.27%₹ 11,027 11.49%₹ 12,732 34.72%₹ 18,180 23.77%₹ 30,184 23.55%₹ 18,871 27.47%₹ 53,483 13.98%₹ 19,244 19.37%₹ 97,213 - -
ICICI Prudential Retirement Fund (Pure Equity Plan) 7.12%₹ 10,711 10.37%₹ 11,036 1.57%₹ 10,157 17.58%₹ 11,757 12.51%₹ 12,796 34.68%₹ 18,168 25.99%₹ 30,788 20.48%₹ 17,494 26.98%₹ 53,137 - - - -
HDFC Retirement Savings Fund - Hybrid - Equity Plan 6.28%₹ 10,627 10.48%₹ 11,048 4.15%₹ 10,414 4.24%₹ 10,424 6.47%₹ 12,415 22.81%₹ 15,098 14.12%₹ 27,613 16.71%₹ 15,905 17.86%₹ 46,839 11.18%₹ 16,990 13.99%₹ 85,194 - -
ICICI Prudential Retirement Fund (Hybrid Aggressive Plan) 6.85%₹ 10,684 8.53%₹ 10,853 1.54%₹ 10,154 5.58%₹ 10,557 6.26%₹ 12,402 21.71%₹ 14,828 14.23%₹ 27,642 14.66%₹ 15,079 16.91%₹ 46,215 - - - -
Aditya Birla Sun Life Retirement Fund - 30s Plan 8.52%₹ 10,852 12.76%₹ 11,275 3.30%₹ 10,330 1.80%₹ 10,179 5.51%₹ 12,354 15.55%₹ 13,362 8.40%₹ 26,127 12.44%₹ 14,221 11.87%₹ 42,995 - - - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Retirement Fund - Wealth Creation Scheme as on 17 Aug 2022 are listed below:

  • Equity Holdings:

    98.75%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    1.25%

Top Sector Holdings of Nippon India Retirement Fund - Wealth Creation Scheme

Name of SectorHolding PercentageHolding Values in Crore
Banks 18.90% ₹ 447.45 Cr.
Computers - Software 12.79% ₹ 303.00 Cr.
Engineering, designing, construction 6.61% ₹ 156.58 Cr.
Refineries/Marketing 5.70% ₹ 134.99 Cr.
Pharmaceuticals 4.59% ₹ 108.65 Cr.
Others 51.41% -

Top Stock Holdings of Nippon India Retirement Fund - Wealth Creation Scheme

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 6.09% ₹ 144.24 Cr.
Reliance Industries Ltd. 5.70% ₹ 134.99 Cr.
ICICI Bank Ltd. 5.47% ₹ 129.53 Cr.
Larsen & Toubro Ltd. 4.60% ₹ 109.01 Cr.
Infosys Ltd. 4.58% ₹ 108.55 Cr.
Others 73.56% -

Other Holdings

Holding TypeHolding Percentage
TREPS 1.34%
Margin 0.00%
Net Receivables -0.09%