Nippon India Retirement Fund - Income Generation Scheme Direct Growth
HybridRetirementModerately High risk
Direct
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹165 Cr
Expense Ratio
1.06%
ISIN
INF204KA1C30
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
11 Feb 2015
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹21.64, Assets Under Management (AUM) of 164.59 Crores, and an expense ratio of 1.06%.
- Nippon India Retirement Fund - Income Generation Scheme Direct Growth has given a CAGR return of 8.51% since inception.
- The fund's asset allocation comprises around 20.03% in equities, 75.96% in debts, and 4.01% in cash & cash equivalents.
- You can start investing in Nippon India Retirement Fund - Income Generation Scheme Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+13.79%
— (Cat Avg.)
3 Years
+9.38%
— (Cat Avg.)
5 Years
+8.48%
— (Cat Avg.)
Since Inception
+8.51%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Equity | ₹32.97 Cr | 20.03% |
| Debt | ₹125.03 Cr | 75.96% |
| Others | ₹6.6 Cr | 4.01% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.06% Govt Stock 2046 | Bond - Gov't/Treasury | ₹45.14 Cr | 27.43% |
| 7.62% Govt Stock 2039 | Bond - Gov't/Treasury | ₹26.33 Cr | 16.00% |
| 8.13% Govt Stock 2045 | Bond - Gov't/Treasury | ₹23.56 Cr | 14.31% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹15.21 Cr | 9.24% |
| 8.17% Govt Stock 2044 | Bond - Gov't/Treasury | ₹7.29 Cr | 4.43% |
| Triparty Repo | Cash - Repurchase Agreement | ₹4.35 Cr | 2.64% |
| ICICI Bank Ltd | Equity | ₹3.32 Cr | 2.02% |
| Reliance Industries Ltd | Equity | ₹2.88 Cr | 1.75% |
| HDFC Bank Ltd | Equity | ₹2.6 Cr | 1.58% |
| 8.3% Govt Stock 2042 | Bond - Gov't/Treasury | ₹2.42 Cr | 1.47% |
| Net Current Assets | Cash | ₹2.18 Cr | 1.33% |
| Tata Consultancy Services Ltd | Equity | ₹2.04 Cr | 1.24% |
| 6.99% Govt Stock 2051 | Bond - Gov't/Treasury | ₹1.98 Cr | 1.20% |
| 6.67% Govt Stock 2050 | Bond - Gov't/Treasury | ₹1.91 Cr | 1.16% |
| Axis Bank Ltd | Equity | ₹1.83 Cr | 1.11% |
| Larsen & Toubro Ltd | Equity | ₹1.46 Cr | 0.89% |
| Samvardhana Motherson International Ltd | Equity | ₹1.43 Cr | 0.87% |
| State Bank of India | Equity | ₹1.41 Cr | 0.86% |
| Infosys Ltd | Equity | ₹1.37 Cr | 0.83% |
| Dixon Technologies (India) Ltd | Equity | ₹1.27 Cr | 0.77% |
| 8.83% Govt Stock 2041 | Bond - Gov't/Treasury | ₹1.19 Cr | 0.72% |
| SBI Life Insurance Company Limited | Equity | ₹1.13 Cr | 0.69% |
| United Breweries Ltd | Equity | ₹1.03 Cr | 0.63% |
| Zomato Ltd | Equity | ₹0.99 Cr | 0.60% |
| Cummins India Ltd | Equity | ₹0.97 Cr | 0.59% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹0.86 Cr | 0.52% |
| Wipro Ltd | Equity | ₹0.84 Cr | 0.51% |
| NTPC Ltd | Equity | ₹0.77 Cr | 0.47% |
| Mishra Dhatu Nigam Ltd Ordinary Shares | Equity | ₹0.77 Cr | 0.46% |
| Kaynes Technology India Ltd | Equity | ₹0.73 Cr | 0.44% |
| Sona BLW Precision Forgings Ltd | Equity | ₹0.73 Cr | 0.44% |
| Birla Corp Ltd | Equity | ₹0.72 Cr | 0.44% |
| Hindustan Unilever Ltd | Equity | ₹0.66 Cr | 0.40% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹0.55 Cr | 0.33% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹0.53 Cr | 0.32% |
| Bosch Ltd | Equity | ₹0.51 Cr | 0.31% |
| Bajaj Auto Ltd | Equity | ₹0.48 Cr | 0.29% |
| Cyient DLM Ltd | Equity | ₹0.45 Cr | 0.27% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹0.35 Cr | 0.21% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹0.32 Cr | 0.19% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.06 Cr | 0.04% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹10.81 Cr | 6.57% |
| Technology | ₹5.96 Cr | 3.62% |
| Consumer Cyclical | ₹5 Cr | 3.04% |
| Industrials | ₹3.51 Cr | 2.13% |
| Energy | ₹2.88 Cr | 1.75% |
| Consumer Defensive | ₹1.69 Cr | 1.03% |
| Basic Materials | ₹1.49 Cr | 0.90% |
| Healthcare | ₹0.86 Cr | 0.53% |
| Utilities | ₹0.77 Cr | 0.47% |
Risk & Performance Ratios
Standard Deviation
This fund
4.68%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.72
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Additional Scheme Detailsas of 15th July 2024
ISIN | INF204KA1C30 | Expense Ratio | 1.06% | Exit Load | No Charges | Fund Size | ₹165 Cr | Age | 11 Feb 2015 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Hybrid 85+15 - ConservativeTR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Retirement Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Retirement Savings Moderate Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2107.27 Cr | 31.1% |
| Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk | 2.2% | 1.0% | ₹174.60 Cr | 14.1% |
| Tata Retirement Savings Progressive Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2002.53 Cr | 37.2% |
| Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk | 2.2% | 0.0% | ₹894.08 Cr | 31.7% |
| Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk | 0.7% | 0.0% | ₹74.96 Cr | 19.4% |
| Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk | 0.9% | 0.0% | ₹894.08 Cr | 33.5% |
| Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk | 2.4% | 0.0% | ₹366.98 Cr | 33.9% |
| Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk | 1.0% | 0.0% | ₹366.98 Cr | 35.8% |
| Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk | 2.1% | 0.0% | ₹74.96 Cr | 17.8% |
| Franklin India Pension Plan Regular Growth Moderately High risk | 2.3% | 3.0% | ₹519.24 Cr | 18.9% |
About the AMC
Total AUM
₹4,96,196 Cr
Address
4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013
Other Funds by Nippon India Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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- Pranay Sinha
- Ashutosh Bhargava
- Kinjal Desai
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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