Fund Performance
Lumpsum
SIP
8.87
as on 30 Jan 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,906 today.
NAV Performance
Fund Information
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₹ 17.329
as on 30 Jan 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 2,317 Cr.
as on 31 Dec 2021 -
2.13%
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11 Feb 2015
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S&P BSE 500 TRI
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Nippon India Mutual Fund
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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 ₹ 17.329 as on 30 Jan 2023.
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
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About Pranay Sinha
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About Sanjay Doshi
Mr. 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 | 4.10% | 22.50% | 29.22% | 12.90% | 23.07% | 20.68% | 11.78% | 8.30% | 9.43% | 12.00% | 22.48% | 18.07% | 7.09% |
| Category Average | -1.29% | 1.13% | 3.67% | 1.87% | 7.42% | 7.64% | 7.10% | 8.30% | 1.01% | 2.78% | 7.77% | 9.59% | 7.09% |
| Nippon India Retirement Fund - Wealth Creation Scheme | -4.47%₹ 9,552 | -3.11%₹ 9,689 | 1.59%₹ 10,158 | -0.25%₹ 9,975 | 0.04%₹ 12,003 | 14.40%₹ 13,091 | 4.22%₹ 25,065 | 8.87%₹ 12,906 | 13.46%₹ 44,004 | 4.08%₹ 12,214 | 9.16%₹ 75,590 | - | - |
| HDFC Retirement Savings Fund - Equity Plan | -2.20%₹ 9,779 | 0.50%₹ 10,050 | 5.54%₹ 10,553 | 7.56%₹ 10,755 | 9.43%₹ 12,606 | 23.07%₹ 15,154 | 12.00%₹ 27,069 | 20.68%₹ 17,583 | 22.48%₹ 49,983 | 11.78%₹ 17,458 | 18.07%₹ 94,208 | - | - |
| ICICI Prudential Retirement Fund (Pure Equity Plan) | -3.41%₹ 9,658 | -3.19%₹ 9,680 | 1.37%₹ 10,137 | -0.64%₹ 9,935 | -1.07%₹ 11,931 | 19.73%₹ 14,341 | 9.23%₹ 26,350 | 16.77%₹ 15,928 | 19.73%₹ 48,107 | - | - | - | - |
| HDFC Retirement Savings Fund - Hybrid - Equity Plan | -1.88%₹ 9,811 | 0.88%₹ 10,088 | 3.81%₹ 10,380 | 4.58%₹ 10,458 | 6.61%₹ 12,427 | 13.63%₹ 12,917 | 6.94%₹ 25,758 | 13.96%₹ 14,803 | 14.28%₹ 44,529 | 9.60%₹ 15,816 | 12.75%₹ 82,647 | - | - |
| ICICI Prudential Retirement Fund (Hybrid Aggressive Plan) | -2.88%₹ 9,711 | -2.76%₹ 9,724 | 1.72%₹ 10,171 | -0.27%₹ 9,973 | -0.44%₹ 11,972 | 10.84%₹ 12,288 | 3.80%₹ 24,959 | 11.42%₹ 13,837 | 11.55%₹ 42,803 | - | - | - | - |
| Axis Retirement Savings Fund - Dynamic Plan | -4.34%₹ 9,565 | -5.64%₹ 9,436 | -5.14%₹ 9,486 | -7.86%₹ 9,214 | -8.24%₹ 11,457 | 5.38%₹ 11,106 | -3.62%₹ 23,101 | 7.43%₹ 12,401 | 3.92%₹ 38,221 | - | - | - | - |
Portfolio Holdings
Top Sector Holdings of Nippon India Retirement Fund - Wealth Creation Scheme
| Name of Sector | Holding Percentage | Holding 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 Stocks | Holding Percentage | Holding 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 Type | Holding Percentage |
|---|---|
| TREPS | 1.34% |
| Margin | 0.00% |
| Net Receivables | -0.09% |