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Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth
HybridRetirementVery High Risk
Direct
NAV (21-Nov-24)
₹31.20-0.46%1D
Returns (Since Inception)
12.34%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹3,288 Cr
Expense Ratio
0.98%
ISIN
INF204KA1B72
Minimum SIP
₹500
Exit Load
No Charges
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, 9 months and 11 days, having been launched on 11-Feb-15.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹31.20, Assets Under Management (AUM) of 3288.28 Crores, and an expense ratio of 0.98%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹31.20, Assets Under Management (AUM) of 3288.28 Crores, and an expense ratio of 0.98%.
- Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth has given a CAGR return of 12.34% since inception.
- The fund's asset allocation comprises around 99.28% in equities, 0.00% in debts, and 0.72% 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
+30.11%
— (Cat Avg.)
3 Years
+16.15%
— (Cat Avg.)
5 Years
+17.07%
— (Cat Avg.)
Since Inception
+12.34%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹3,264.52 Cr | 99.28% |
| Others | ₹23.76 Cr | 0.72% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹258.45 Cr | 7.86% |
| HDFC Bank Ltd | Equity | ₹208.28 Cr | 6.33% |
| Infosys Ltd | Equity | ₹144.97 Cr | 4.41% |
| Reliance Industries Ltd | Equity | ₹133.21 Cr | 4.05% |
| Tata Consultancy Services Ltd | Equity | ₹115.09 Cr | 3.50% |
| Axis Bank Ltd | Equity | ₹104.36 Cr | 3.17% |
| Larsen & Toubro Ltd | Equity | ₹101.42 Cr | 3.08% |
| State Bank of India | Equity | ₹95.14 Cr | 2.89% |
| NTPC Ltd | Equity | ₹89.79 Cr | 2.73% |
| Bharti Airtel Ltd | Equity | ₹76.6 Cr | 2.33% |
| Samvardhana Motherson International Ltd | Equity | ₹72.38 Cr | 2.20% |
| Hindustan Unilever Ltd | Equity | ₹63.21 Cr | 1.92% |
| Bajaj Finance Ltd | Equity | ₹62.01 Cr | 1.89% |
| Kaynes Technology India Ltd | Equity | ₹59.84 Cr | 1.82% |
| Hindalco Industries Ltd | Equity | ₹57.63 Cr | 1.75% |
| Zomato Ltd | Equity | ₹55.6 Cr | 1.69% |
| Mahindra & Mahindra Ltd | Equity | ₹54.57 Cr | 1.66% |
| Affle India Ltd | Equity | ₹53.8 Cr | 1.64% |
| Voltas Ltd | Equity | ₹53.61 Cr | 1.63% |
| Dixon Technologies (India) Ltd | Equity | ₹52.03 Cr | 1.58% |
| Cummins India Ltd | Equity | ₹50.94 Cr | 1.55% |
| Power Finance Corp Ltd | Equity | ₹50.04 Cr | 1.52% |
| The Federal Bank Ltd | Equity | ₹48.94 Cr | 1.49% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹47.93 Cr | 1.46% |
| Cyient DLM Ltd | Equity | ₹45.1 Cr | 1.37% |
| SBI Life Insurance Co Ltd | Equity | ₹44.61 Cr | 1.36% |
| Praj Industries Ltd | Equity | ₹44.36 Cr | 1.35% |
| UltraTech Cement Ltd | Equity | ₹44.26 Cr | 1.35% |
| LTIMindtree Ltd | Equity | ₹42.83 Cr | 1.30% |
| Bosch Ltd | Equity | ₹42.15 Cr | 1.28% |
| Brigade Enterprises Ltd | Equity | ₹41.26 Cr | 1.25% |
| Titan Co Ltd | Equity | ₹40.84 Cr | 1.24% |
| EIH Ltd | Equity | ₹39.07 Cr | 1.19% |
| NLC India Ltd | Equity | ₹38.63 Cr | 1.17% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹33.97 Cr | 1.03% |
| United Spirits Ltd | Equity | ₹32.6 Cr | 0.99% |
| InterGlobe Aviation Ltd | Equity | ₹32.42 Cr | 0.99% |
| PVR INOX Ltd | Equity | ₹31.4 Cr | 0.96% |
| Carborundum Universal Ltd | Equity | ₹31.03 Cr | 0.94% |
| K.P.R. Mill Ltd | Equity | ₹29.79 Cr | 0.91% |
| Aditya Birla Sun Life AMC Ltd | Equity | ₹29.22 Cr | 0.89% |
| Emcure Pharmaceuticals Ltd | Equity | ₹28.47 Cr | 0.87% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹27.37 Cr | 0.83% |
| ISGEC Heavy Engineering Ltd | Equity | ₹26.94 Cr | 0.82% |
| Petronet LNG Ltd | Equity | ₹26.64 Cr | 0.81% |
| HCL Technologies Ltd | Equity | ₹26.49 Cr | 0.81% |
| Abbott India Ltd | Equity | ₹26.08 Cr | 0.79% |
| Alkem Laboratories Ltd | Equity | ₹25.43 Cr | 0.77% |
| Coal India Ltd | Equity | ₹24.86 Cr | 0.76% |
| Lupin Ltd | Equity | ₹21.87 Cr | 0.67% |
| HDFC Asset Management Co Ltd | Equity | ₹21.5 Cr | 0.65% |
| Ion Exchange (India) Ltd | Equity | ₹21.06 Cr | 0.64% |
| Triparty Repo | Cash - Repurchase Agreement | ₹20.5 Cr | 0.62% |
| Ipca Laboratories Ltd | Equity | ₹20.15 Cr | 0.61% |
| Mishra Dhatu Nigam Ltd Ordinary Shares | Equity | ₹19.88 Cr | 0.60% |
| Gland Pharma Ltd | Equity | ₹18.16 Cr | 0.55% |
| Birla Corp Ltd | Equity | ₹18 Cr | 0.55% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹17.54 Cr | 0.53% |
| Sona BLW Precision Forgings Ltd | Equity | ₹17.14 Cr | 0.52% |
| Bajel Projects Ltd | Equity | ₹16.76 Cr | 0.51% |
| Vedanta Ltd | Equity | ₹16.24 Cr | 0.49% |
| Zydus Lifesciences Ltd | Equity | ₹16.02 Cr | 0.49% |
| United Breweries Ltd | Equity | ₹15.37 Cr | 0.47% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹10.22 Cr | 0.31% |
| Protean eGov Technologies Ltd | Equity | ₹9.28 Cr | 0.28% |
| Dabur India Ltd | Equity | ₹9.18 Cr | 0.28% |
| Bharat Forge Ltd | Equity | ₹9.17 Cr | 0.28% |
| BSE Ltd | Equity | ₹8.93 Cr | 0.27% |
| Kotak Mahindra Bank Ltd | Equity | ₹6.92 Cr | 0.21% |
| Ola Electric Mobility Ltd | Equity | ₹5.46 Cr | 0.17% |
| Net Current Assets | Cash | ₹3.15 Cr | 0.10% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.11 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
65.57%
Mid Cap Stocks
15.59%
Small Cap Stocks
17.08%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹986.34 Cr | 30.00% |
| Industrials | ₹455.59 Cr | 13.86% |
| Technology | ₹453.33 Cr | 13.79% |
| Consumer Cyclical | ₹393.53 Cr | 11.97% |
| Energy | ₹184.71 Cr | 5.62% |
| Communication Services | ₹172.02 Cr | 5.23% |
| Healthcare | ₹156.18 Cr | 4.75% |
| Basic Materials | ₹156.01 Cr | 4.74% |
| Utilities | ₹145.18 Cr | 4.42% |
| Consumer Defensive | ₹120.36 Cr | 3.66% |
| Real Estate | ₹41.26 Cr | 1.25% |
Risk & Performance Ratios
Standard Deviation
This fund
13.76%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.85
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st October 2024
ISIN INF204KA1B72 | Expense Ratio 0.98% | Exit Load No Charges | Fund Size ₹3,288 Cr | Age 9 years 9 months | Lumpsum Minimum ₹500 | Fund Status Open Ended Investment Company | Benchmark 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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% | ₹2161.97 Cr | 21.4% |
| Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk | 2.2% | 1.0% | ₹174.39 Cr | 11.1% |
| Tata Retirement Savings Progressive Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2088.63 Cr | 23.4% |
| Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk | 2.2% | 0.0% | ₹922.37 Cr | 25.4% |
| Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk | 0.7% | 0.0% | ₹73.62 Cr | 16.4% |
| Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk | 0.9% | 0.0% | ₹922.37 Cr | 27.0% |
| Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk | 2.4% | 0.0% | ₹385.46 Cr | 30.4% |
| Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk | 1.1% | 0.0% | ₹385.46 Cr | 32.1% |
| Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk | 2.1% | 0.0% | ₹73.62 Cr | 14.8% |
| Franklin India Pension Plan Regular Growth Moderately High risk | 2.3% | 3.0% | ₹511.17 Cr | 15.7% |
About the AMC
Nippon India Mutual Fund
Total AUM
₹5,78,235 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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We're here to help.
What is the current NAV of Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth?
The NAV of Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth, as of 21-Nov-2024, is ₹31.20.
What are the returns of Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth?
The fund has generated 30.11% over the last 1 year and 16.15% 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 Direct Growth?
The fund's allocation of assets is distributed as 99.28% in equities, 0.00% in bonds, and 0.72% in cash and cash equivalents.
Who manages the Nippon India Retirement Fund - Wealth Creation Scheme Direct Growth?
The fund managers responsible for Nippon India Retirement Fund - Wealth Creation Scheme Direct 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, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, 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.