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Fund Overview

Fund Size

Fund Size

₹3,004 Cr

Expense Ratio

Expense Ratio

1.04%

ISIN

ISIN

INF204KA1B72

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

11 Feb 2015

About this fund

Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth is a Retirement mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 9 years, 2 months and 9 days, having been launched on 11-Feb-15.
As of 19-Apr-24, it has a Net Asset Value (NAV) of ₹27.92, Assets Under Management (AUM) of 3003.63 Crores, and an expense ratio of 1.04%.
  • Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth has given a CAGR return of 11.82% since inception.
  • The fund's asset allocation comprises around 97.35% in equities, 0.00% in debts, and 2.65% in cash & cash equivalents.
  • You can start investing in Nippon India Retirement Fund - Wealth Creation 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

+44.50%

--%(Cat. Avg.)

3 Years

+22.39%

--%(Cat. Avg.)

5 Years

+14.13%

--%(Cat. Avg.)

Since Inception

+11.82%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity2,923.92 Cr97.35%
Others79.72 Cr2.65%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Reliance Industries LtdEquity222.88 Cr7.42%
ICICI Bank LtdEquity218.66 Cr7.28%
HDFC Bank LtdEquity188.23 Cr6.27%
Bosch LtdEquity120.13 Cr4.00%
Tata Consultancy Services LtdEquity113.52 Cr3.78%
Larsen & Toubro LtdEquity103.51 Cr3.45%
Axis Bank LtdEquity89.01 Cr2.96%
Kaynes Technology India LtdEquity86.16 Cr2.87%
Triparty RepoCash - Repurchase Agreement84.66 Cr2.82%
Infosys LtdEquity82.39 Cr2.74%
State Bank of IndiaEquity75.24 Cr2.50%
Dixon Technologies (India) LtdEquity74.79 Cr2.49%
Cyient DLM LtdEquity68.44 Cr2.28%
NTPC LtdEquity67.16 Cr2.24%
Bajaj Finance LtdEquity65.21 Cr2.17%
Zomato LtdEquity63.74 Cr2.12%
ICICI Lombard General Insurance Co LtdEquity63.17 Cr2.10%
LTIMindtree LtdEquity59.26 Cr1.97%
Hindustan Unilever LtdEquity56.61 Cr1.88%
Samvardhana Motherson International LtdEquity52.7 Cr1.75%
EIH LtdEquity51.69 Cr1.72%
Dabur India LtdEquity44.47 Cr1.48%
UltraTech Cement LtdEquity43.87 Cr1.46%
Indraprastha Gas LtdEquity43.08 Cr1.43%
Sona BLW Precision Forgings LtdEquity42.36 Cr1.41%
Apollo Hospitals Enterprise LtdEquity40.05 Cr1.33%
Brigade Enterprises LtdEquity38.95 Cr1.30%
Titan Co LtdEquity38.02 Cr1.27%
BSE LtdEquity37.74 Cr1.26%
HDFC Asset Management Co LtdEquity37.54 Cr1.25%
Container Corporation of India LtdEquity34.6 Cr1.15%
SBI Life Insurance Company LimitedEquity33.76 Cr1.12%
Gland Pharma LtdEquity33.21 Cr1.11%
Birla Corp LtdEquity32.03 Cr1.07%
Ipca Laboratories LtdEquity31.94 Cr1.06%
Mishra Dhatu Nigam Ltd Ordinary SharesEquity30.55 Cr1.02%
Hindustan Aeronautics Ltd Ordinary SharesEquity29.94 Cr1.00%
PVR INOX LtdEquity29.84 Cr0.99%
Indus Towers Ltd Ordinary SharesEquity29.12 Cr0.97%
United Breweries LtdEquity28.64 Cr0.95%
Carborundum Universal LtdEquity28.54 Cr0.95%
AU Small Finance Bank LtdEquity28.25 Cr0.94%
Bajaj Finserv LtdEquity27.95 Cr0.93%
Sterling and Wilson Renewable Energy LtdEquity27.38 Cr0.91%
Praj Industries LtdEquity26.65 Cr0.89%
Voltas LtdEquity24.83 Cr0.83%
K.P.R. Mill LtdEquity24.15 Cr0.80%
Affle India LtdEquity23.44 Cr0.78%
Clean Science and Technology LtdEquity22.6 Cr0.75%
Bharat Forge LtdEquity22.59 Cr0.75%
FSN E-Commerce Ventures LtdEquity19.43 Cr0.65%
Thyrocare Technologies LtdEquity18.99 Cr0.63%
Crompton Greaves Consumer Electricals LtdEquity18.73 Cr0.62%
Jyoti CNC Automation LtdEquity8.21 Cr0.27%
Net Current AssetsCash-5 Cr0.17%
Cash Margin - CcilCash - Collateral0.06 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

63.24%

Mid Cap Stocks

19.93%

Small Cap Stocks

14.18%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services864.74 Cr28.79%
Consumer Cyclical453.53 Cr15.10%
Technology425.78 Cr14.18%
Industrials342.44 Cr11.40%
Energy222.88 Cr7.42%
Consumer Defensive129.72 Cr4.32%
Basic Materials129.06 Cr4.30%
Healthcare124.2 Cr4.13%
Utilities110.24 Cr3.67%
Communication Services82.39 Cr2.74%
Real Estate38.95 Cr1.30%

Risk & Performance Ratios

Standard Deviation

This fund

13.20%

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

1.14

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Pranay Sinha

Pranay Sinha

Since March 2021

Ashutosh Bhargava

Ashutosh Bhargava

Since April 2024

KD

Kinjal Desai

Since May 2018

Additional Scheme Detailsas of 31st March 2024

ISININF204KA1B72Expense Ratio1.04%Exit LoadNo ChargesFund Size₹3,004 CrAge11 Feb 2015Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkS&P BSE 500 India TR INR

Investment ObjectiveInvestment 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.

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Axis Retirement Savings Fund - Aggressive Plan Direct Growth

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Axis Retirement Savings Fund - Dynamic Plan Direct Growth

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About the AMC

Total AUM

₹4,42,327 Cr

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013

Other Funds by Nippon India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Nippon India Fixed Maturity Plan - XLVI - Series 1 - 92 Days Direct Growth

Moderately High risk

-0.0%--
Nippon India Innovation Fund Direct Growth

Very High Risk

0.9%1.0%₹1354.69 Cr-
Nippon India Fixed Horizon Fund XLII Series 1 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLII Series 7 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 6 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 5 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 7 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 4 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Quarterly Series I Direct Growth

Moderate Risk

-0.0%₹52.30 Cr7.1%
Nippon India Fixed Horizon Fund XXXX Series 10 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Low to Moderate Risk

---7.0%
Nippon India Fixed Horizon Fund XLIV Series 3 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Annual Series I Direct Growth

Low Risk

-0.0%₹16.36 Cr7.1%
Nippon India Fixed Horizon Fund XLIV Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 1 Direct Growth

Low to Moderate Risk

-0.0%₹186.11 Cr7.0%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Moderate Risk

-0.0%-7.0%
Nippon India Fixed Horizon Fund - XLIII - Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLIII Series 5 Direct Growth

Moderate Risk

-0.0%₹159.50 Cr7.2%
Nippon India Fixed Horizon Fund XXXIX Series 12 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 2 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 3 Direct Growth

Moderate Risk

-0.0%--
Nippon India Capital Protection Oriented Fund II Plan A Direct Growth

Low Risk

--₹40.32 Cr9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth

Low Risk

-0.0%₹4.92 Cr7.1%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Quarterly Series II Direct Growth

Moderate Risk

-0.0%₹82.89 Cr7.4%
Nippon India Fixed Horizon Fund XXXX Series 18 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Monthly Series II Direct Growth

Low Risk

-0.0%₹3.93 Cr6.4%
Nippon India Fixed Horizon Fund XXXX Sr 20 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XXXX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLV - Series 4 Direct Growth

Low to Moderate Risk

-0.0%-7.0%
Nippon India Fixed Horizon Fund XLI Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth

Moderate Risk

-0.0%₹58.87 Cr7.3%
Nippon India Interval Fund Monthly Series I Direct Growth

Low Risk

-0.0%₹3.21 Cr6.4%
Nippon India Fixed Horizon Fund - XLV - Series 5 Direct Growth

Moderately High risk

-0.0%-8.8%
Nippon India Fixed Horizon Fund XXXIX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 2 Direct Growth

Moderate Risk

----
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹294.42 Cr6.9%
Nippon India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹13895.86 Cr8.5%
Nippon India Gilt Securities Fund Direct Growth

Moderate Risk

0.6%0.0%₹1546.55 Cr7.2%
Nippon India Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹5307.29 Cr31.2%
Nippon India Power & Infra Fund Direct Growth

Very High Risk

1.1%1.0%₹4528.93 Cr78.5%
Nippon India Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹4559.36 Cr6.9%
Nippon India Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹24796.00 Cr55.8%
Nippon India Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹27745.59 Cr53.0%
Nippon India Gold Savings Fund Direct Growth

High Risk

0.9%1.0%₹1709.27 Cr21.6%
Nippon India Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹7942.80 Cr7.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth, as of 19-Apr-2024, is ₹27.92.
The fund has generated 44.50% over the last 1 year and 22.39% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 97.35% in equities, 0.00% in bonds, and 2.65% in cash and cash equivalents.
The fund managers responsible for Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth are:-
  1. Pranay Sinha
  2. Ashutosh Bhargava
  3. Kinjal Desai