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Nippon India Retirement Fund - Wealth Creation Scheme

Nippon India Retirement Fund - Wealth Creation Scheme

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

5.16

as on 10 Jun 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,634 today.

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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

  • ₹ 15.629

    as on 10 Jun 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 1,827 Cr.

    as on 10 Jun 2021
  • 2.35%

    since 31 Dec 2020
  • 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 ₹ 15.629 as on 10 Jun 2021.

This fund has 6 years of track record. Since 31 Dec 2020 expense ratio of this fund is 2.35%. 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 Prashant Pimple

    Picture of Prashant Pimple
  • 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 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 9.54% 22.50% 30.48% 73.13% 22.34% 15.36% 16.80% % 74.11% 43.37% 28.82% 19.11% %
Category Average 3.69% 5.08% 11.85% 26.87% 10.06% 7.94% 9.84% % 27.56% 18.35% 16.08% 11.65% %
Nippon India Retirement Fund - Wealth Creation Scheme 7.12%₹ 10,711 5.41%₹ 10,540 20.04%₹ 12,004 54.74%₹ 15,473 50.71%₹ 15,075 6.96%₹ 11,441 25.82%₹ 30,744 5.16%₹ 11,634 15.33%₹ 45,189 9.51%₹ 15,750 9.89%₹ 76,962 - -
HDFC Retirement Savings Fund - Equity Plan 9.54%₹ 10,954 13.28%₹ 11,328 30.48%₹ 13,047 73.13%₹ 17,312 74.11%₹ 16,389 22.34%₹ 14,975 43.37%₹ 35,668 15.36%₹ 15,370 28.82%₹ 54,473 16.80%₹ 21,742 19.11%₹ 96,583 - -
HDFC Retirement Savings Fund - Hybrid - Equity Plan 6.42%₹ 10,642 7.48%₹ 10,747 21.28%₹ 12,128 51.62%₹ 15,161 49.88%₹ 15,027 17.16%₹ 13,733 31.56%₹ 32,326 13.75%₹ 14,735 22.32%₹ 49,855 15.20%₹ 20,299 16.10%₹ 89,728 - -
Nippon India Retirement Fund - Income Generation Scheme 1.40%₹ 10,139 2.36%₹ 10,235 2.84%₹ 10,284 10.06%₹ 11,006 8.57%₹ 12,548 7.74%₹ 11,609 8.64%₹ 26,189 8.79%₹ 12,885 9.04%₹ 41,254 7.76%₹ 14,531 7.59%₹ 72,657 - -
HDFC Retirement Savings Fund - Hybrid - Debt Plan 2.30%₹ 10,229 3.90%₹ 10,389 6.55%₹ 10,655 16.44%₹ 11,643 15.42%₹ 12,976 9.52%₹ 11,997 12.19%₹ 27,110 8.50%₹ 12,779 10.53%₹ 42,163 8.59%₹ 15,103 8.54%₹ 74,408 - -
Tata Retirement Saving Fund 2.37%₹ 10,237 2.75%₹ 10,275 4.78%₹ 10,477 15.25%₹ 11,524 13.04%₹ 12,827 9.61%₹ 12,018 11.84%₹ 27,019 8.24%₹ 12,689 10.44%₹ 42,108 9.09%₹ 15,455 8.70%₹ 74,708 - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Retirement Fund - Wealth Creation Scheme as on 12 Jun 2021 are listed below:

  • Equity Holdings:

    98.73%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    1.27%

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

Name of SectorHolding PercentageHolding Values in Crore
Banks 20.15% ₹ 389.87 Cr.
Computers - software 12.21% ₹ 236.41 Cr.
Refineries/marketing 6.19% ₹ 119.80 Cr.
Housing finance 5.91% ₹ 114.38 Cr.
Pharmaceuticals 5.39% ₹ 104.45 Cr.
Others 50.15% -

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

Name of StocksHolding PercentageHolding Values in Crore
HDFC Bank Ltd. 6.33% ₹ 122.48 Cr.
Infosys Ltd. 6.08% ₹ 117.65 Cr.
Reliance Industries Ltd. 5.69% ₹ 110.17 Cr.
ICICI Bank Ltd. 4.66% ₹ 90.23 Cr.
Housing Development Finance Corporation Ltd. 4.32% ₹ 83.69 Cr.
Others 72.92% -

Other Holdings

Holding TypeHolding Percentage
TREPS 0.60%
Reverse Repo 0.37%
Net Receivables 0.30%
Margin 0.00%