Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth
HybridRetirementVery High Risk
Regular
NAV (25-Jul-24)
₹28.830.01%1D
Returns (Since Inception)
11.85%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹3,325 Cr
Expense Ratio
1.91%
ISIN
INF204KA1B64
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
11 Feb 2015
About this fund
Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth is a Retirement mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 9 years, 5 months and 15 days, having been launched on 11-Feb-15.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹28.83, Assets Under Management (AUM) of 3324.53 Crores, and an expense ratio of 1.91%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹28.83, Assets Under Management (AUM) of 3324.53 Crores, and an expense ratio of 1.91%.
- Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth has given a CAGR return of 11.85% since inception.
- The fund's asset allocation comprises around 98.84% in equities, 0.00% in debts, and 1.16% in cash & cash equivalents.
- You can start investing in Nippon India Retirement Fund - Wealth Creation Scheme Regular 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
+40.39%
— (Cat Avg.)
3 Years
+21.28%
— (Cat Avg.)
5 Years
+17.35%
— (Cat Avg.)
Since Inception
+11.85%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹3,285.98 Cr | 98.84% |
| Others | ₹38.54 Cr | 1.16% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹239.92 Cr | 7.22% |
| HDFC Bank Ltd | Equity | ₹218.89 Cr | 6.58% |
| Reliance Industries Ltd | Equity | ₹203.5 Cr | 6.12% |
| Tata Consultancy Services Ltd | Equity | ₹133.85 Cr | 4.03% |
| Axis Bank Ltd | Equity | ₹121.75 Cr | 3.66% |
| Larsen & Toubro Ltd | Equity | ₹115.32 Cr | 3.47% |
| Infosys Ltd | Equity | ₹101.84 Cr | 3.06% |
| State Bank of India | Equity | ₹93.38 Cr | 2.81% |
| Kaynes Technology India Ltd | Equity | ₹88.63 Cr | 2.67% |
| NTPC Ltd | Equity | ₹79.45 Cr | 2.39% |
| Samvardhana Motherson International Ltd | Equity | ₹76.12 Cr | 2.29% |
| LTIMindtree Ltd | Equity | ₹64.62 Cr | 1.94% |
| Bajaj Finance Ltd | Equity | ₹64.04 Cr | 1.93% |
| Hindustan Unilever Ltd | Equity | ₹61.83 Cr | 1.86% |
| Brigade Enterprises Ltd | Equity | ₹60.68 Cr | 1.83% |
| Zomato Ltd | Equity | ₹60.17 Cr | 1.81% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹58.16 Cr | 1.75% |
| Bosch Ltd | Equity | ₹57.94 Cr | 1.74% |
| Cummins India Ltd | Equity | ₹57.73 Cr | 1.74% |
| Gland Pharma Ltd | Equity | ₹56.39 Cr | 1.70% |
| Cyient DLM Ltd | Equity | ₹56.04 Cr | 1.69% |
| Affle India Ltd | Equity | ₹53.75 Cr | 1.62% |
| Dixon Technologies (India) Ltd | Equity | ₹50.88 Cr | 1.53% |
| Hindalco Industries Ltd | Equity | ₹50.28 Cr | 1.51% |
| EIH Ltd | Equity | ₹47.22 Cr | 1.42% |
| UltraTech Cement Ltd | Equity | ₹46.67 Cr | 1.40% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹45.04 Cr | 1.35% |
| Power Finance Corp Ltd | Equity | ₹44.87 Cr | 1.35% |
| Voltas Ltd | Equity | ₹44.17 Cr | 1.33% |
| Praj Industries Ltd | Equity | ₹43.72 Cr | 1.32% |
| United Breweries Ltd | Equity | ₹43.69 Cr | 1.31% |
| The Federal Bank Ltd | Equity | ₹42.54 Cr | 1.28% |
| BSE Ltd | Equity | ₹38.74 Cr | 1.17% |
| Sona BLW Precision Forgings Ltd | Equity | ₹38.46 Cr | 1.16% |
| Carborundum Universal Ltd | Equity | ₹37.57 Cr | 1.13% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹36.85 Cr | 1.11% |
| NLC India Ltd | Equity | ₹36.02 Cr | 1.08% |
| Birla Corp Ltd | Equity | ₹35.93 Cr | 1.08% |
| Mishra Dhatu Nigam Ltd Ordinary Shares | Equity | ₹35.63 Cr | 1.07% |
| Titan Co Ltd | Equity | ₹34.04 Cr | 1.02% |
| SBI Life Insurance Company Limited | Equity | ₹33.57 Cr | 1.01% |
| Bharat Forge Ltd | Equity | ₹33.41 Cr | 1.00% |
| PVR INOX Ltd | Equity | ₹32.12 Cr | 0.97% |
| HDFC Asset Management Co Ltd | Equity | ₹31.95 Cr | 0.96% |
| Ipca Laboratories Ltd | Equity | ₹29.16 Cr | 0.88% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹28.54 Cr | 0.86% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹28.37 Cr | 0.85% |
| Net Current Assets | Cash | ₹26.24 Cr | 0.79% |
| K.P.R. Mill Ltd | Equity | ₹25.6 Cr | 0.77% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹24.74 Cr | 0.74% |
| Lupin Ltd | Equity | ₹24.32 Cr | 0.73% |
| Aditya Birla Sun Life AMC Ltd | Equity | ₹23.24 Cr | 0.70% |
| Abbott India Ltd | Equity | ₹21.41 Cr | 0.64% |
| Dabur India Ltd | Equity | ₹18.02 Cr | 0.54% |
| ISGEC Heavy Engineering Ltd | Equity | ₹17.76 Cr | 0.53% |
| Petronet LNG Ltd | Equity | ₹17.31 Cr | 0.52% |
| Triparty Repo | Cash - Repurchase Agreement | ₹12.3 Cr | 0.37% |
| Container Corporation of India Ltd | Equity | ₹10.42 Cr | 0.31% |
| Ion Exchange (India) Ltd | Equity | ₹9.71 Cr | 0.29% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.01 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
57.33%
Mid Cap Stocks
21.25%
Small Cap Stocks
20.26%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹1,011.05 Cr | 30.41% |
| Industrials | ₹461.87 Cr | 13.89% |
| Technology | ₹435.77 Cr | 13.11% |
| Consumer Cyclical | ₹401.33 Cr | 12.07% |
| Energy | ₹220.81 Cr | 6.64% |
| Basic Materials | ₹168.52 Cr | 5.07% |
| Healthcare | ₹156.03 Cr | 4.69% |
| Communication Services | ₹130.9 Cr | 3.94% |
| Consumer Defensive | ₹123.54 Cr | 3.72% |
| Utilities | ₹115.48 Cr | 3.47% |
| Real Estate | ₹60.68 Cr | 1.83% |
Risk & Performance Ratios
Standard Deviation
This fund
13.31%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.12
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th June 2024
ISIN | INF204KA1B64 | Expense Ratio | 1.91% | Exit Load | No Charges | Fund Size | ₹3,325 Cr | Age | 11 Feb 2015 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | S&P BSE 500 India TR 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 Very High Risk
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What is the current NAV of Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth?
The NAV of Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth, as of 25-Jul-2024, is ₹28.83.
What are the returns of Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth?
The fund has generated 40.39% over the last 1 year and 21.28% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth?
The fund's allocation of assets is distributed as 98.84% in equities, 0.00% in bonds, and 1.16% in cash and cash equivalents.
Who manages the Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth?
The fund managers responsible for Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth are:-
- Pranay Sinha
- Ashutosh Bhargava
- Kinjal Desai
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.