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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

24.52

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 19,307 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

  • ₹ 21.162

    as on 22 Sep 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 2,223 Cr.

    as on 31 May 2023
  • 2.03%

  • 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 ₹ 21.162 as on 22 Sep 2023.

This fund has 8 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.03%. 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 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 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% 22.75% 15.10% 31.20% 17.98% 8.91% 31.72% 22.11% 23.57% 23.48% 7.59%
Category Average 1.37% 6.21% 13.92% 10.83% 5.90% 12.12% 9.55% 8.91% 16.95% 10.88% 10.57% 13.13% 7.59%
Nippon India Retirement Fund - Wealth Creation Scheme 2.29%₹ 10,228 9.28%₹ 10,928 23.37%₹ 12,337 17.90%₹ 11,790 29.47%₹ 13,838 9.42%₹ 11,973 18.12%₹ 28,679 24.52%₹ 19,307 18.21%₹ 47,082 9.62%₹ 15,839 16.11%₹ 89,759 - -
HDFC Retirement Savings Fund - Equity Plan 0.80%₹ 10,079 7.77%₹ 10,777 20.95%₹ 12,094 22.75%₹ 12,275 29.84%₹ 13,860 14.49%₹ 13,109 22.11%₹ 29,747 31.20%₹ 22,583 23.57%₹ 50,729 17.98%₹ 22,881 23.48%₹ 1,07,392 - -
ICICI Prudential Retirement Fund (Pure Equity Plan) 1.71%₹ 10,170 9.86%₹ 10,985 25.02%₹ 12,501 18.61%₹ 11,861 31.72%₹ 13,973 15.10%₹ 13,248 19.74%₹ 29,110 29.98%₹ 21,959 22.44%₹ 49,947 - - - -
HDFC Retirement Savings Fund - Hybrid - Equity Plan 0.63%₹ 10,062 5.93%₹ 10,593 16.36%₹ 11,635 18.36%₹ 11,836 23.23%₹ 13,460 10.08%₹ 12,118 16.76%₹ 28,316 21.66%₹ 18,005 16.49%₹ 45,951 13.78%₹ 19,078 16.85%₹ 91,420 - -
ICICI Prudential Retirement Fund (Hybrid Aggressive Plan) 1.49%₹ 10,149 8.87%₹ 10,886 21.43%₹ 12,142 15.93%₹ 11,593 27.14%₹ 13,697 9.00%₹ 11,881 16.26%₹ 28,183 20.28%₹ 17,401 15.90%₹ 45,565 - - - -
Aditya Birla Sun Life Retirement Fund - 30s Plan 0.46%₹ 10,046 7.29%₹ 10,728 18.22%₹ 11,821 11.63%₹ 11,163 19.91%₹ 13,257 4.66%₹ 10,953 12.16%₹ 27,105 14.14%₹ 14,871 10.69%₹ 42,267 - - - -

Portfolio Holdings

Portfolio holdings pattern of Nippon India Retirement Fund - Wealth Creation Scheme as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    97.62%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    2.38%

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

Name of SectorHolding PercentageHolding Values in Crore
Banks 22.79% ₹ 545.00 Cr.
Engineering, designing, construction 6.90% ₹ 164.92 Cr.
Computers - Software 6.75% ₹ 161.34 Cr.
Refineries/Marketing 6.72% ₹ 160.54 Cr.
Auto ancillaries 5.65% ₹ 134.91 Cr.
Others 51.19% -

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

Name of StocksHolding PercentageHolding Values in Crore
Reliance Industries Ltd. 6.72% ₹ 160.54 Cr.
HDFC Bank Ltd. 6.47% ₹ 154.64 Cr.
ICICI Bank Ltd. 5.96% ₹ 142.37 Cr.
State Bank Of India 3.88% ₹ 92.78 Cr.
Tata Consultancy Services Ltd. 3.44% ₹ 82.24 Cr.
Others 73.53% -

Other Holdings

Holding TypeHolding Percentage
TREPS 1.95%
Net Receivables 0.42%
Margin 0.01%