Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth
HybridRetirementVery High Risk
Regular
NAV (05-Sep-24)
₹29.870.34%1D
Returns (Since Inception)
12.12%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹3,467 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, 6 months and 27 days, having been launched on 11-Feb-15.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹29.87, Assets Under Management (AUM) of 3467.01 Crores, and an expense ratio of 1.91%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹29.87, Assets Under Management (AUM) of 3467.01 Crores, and an expense ratio of 1.91%.
- Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth has given a CAGR return of 12.12% since inception.
- The fund's asset allocation comprises around 99.04% in equities, 0.00% in debts, and 0.96% 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
+40.47%
— (Cat Avg.)
3 Years
+19.45%
— (Cat Avg.)
5 Years
+19.81%
— (Cat Avg.)
Since Inception
+12.12%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹3,433.57 Cr | 99.04% |
| Others | ₹33.44 Cr | 0.96% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹245.84 Cr | 7.09% |
| HDFC Bank Ltd | Equity | ₹196.43 Cr | 5.67% |
| Tata Consultancy Services Ltd | Equity | ₹161.66 Cr | 4.66% |
| Infosys Ltd | Equity | ₹155.5 Cr | 4.49% |
| Reliance Industries Ltd | Equity | ₹150.96 Cr | 4.35% |
| Larsen & Toubro Ltd | Equity | ₹129.66 Cr | 3.74% |
| Axis Bank Ltd | Equity | ₹105.77 Cr | 3.05% |
| Kaynes Technology India Ltd | Equity | ₹91.64 Cr | 2.64% |
| State Bank of India | Equity | ₹89.72 Cr | 2.59% |
| NTPC Ltd | Equity | ₹87.4 Cr | 2.52% |
| Samvardhana Motherson International Ltd | Equity | ₹78.11 Cr | 2.25% |
| Hindustan Unilever Ltd | Equity | ₹69.45 Cr | 2.00% |
| Bajaj Finance Ltd | Equity | ₹64.8 Cr | 1.87% |
| Bharti Airtel Ltd | Equity | ₹63.56 Cr | 1.83% |
| Hindalco Industries Ltd | Equity | ₹58.91 Cr | 1.70% |
| Zomato Ltd | Equity | ₹57.62 Cr | 1.66% |
| Affle India Ltd | Equity | ₹57.11 Cr | 1.65% |
| Voltas Ltd | Equity | ₹56.67 Cr | 1.63% |
| Power Finance Corp Ltd | Equity | ₹54.96 Cr | 1.59% |
| Cummins India Ltd | Equity | ₹54.49 Cr | 1.57% |
| ICICI Lombard General Insurance Co Ltd | Equity | ₹53.54 Cr | 1.54% |
| Dixon Technologies (India) Ltd | Equity | ₹52.68 Cr | 1.52% |
| Cyient DLM Ltd | Equity | ₹52.3 Cr | 1.51% |
| SBI Life Insurance Company Limited | Equity | ₹50.88 Cr | 1.47% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹50.44 Cr | 1.45% |
| Bosch Ltd | Equity | ₹48.58 Cr | 1.40% |
| The Federal Bank Ltd | Equity | ₹46.73 Cr | 1.35% |
| LTIMindtree Ltd | Equity | ₹46.17 Cr | 1.33% |
| Praj Industries Ltd | Equity | ₹46.01 Cr | 1.33% |
| UltraTech Cement Ltd | Equity | ₹45.21 Cr | 1.30% |
| Brigade Enterprises Ltd | Equity | ₹42.16 Cr | 1.22% |
| EIH Ltd | Equity | ₹42.09 Cr | 1.21% |
| NLC India Ltd | Equity | ₹41.27 Cr | 1.19% |
| Mahindra & Mahindra Ltd | Equity | ₹36.47 Cr | 1.05% |
| Carborundum Universal Ltd | Equity | ₹34.31 Cr | 0.99% |
| PVR INOX Ltd | Equity | ₹34.08 Cr | 0.98% |
| Crompton Greaves Consumer Electricals Ltd | Equity | ₹33.39 Cr | 0.96% |
| Petronet LNG Ltd | Equity | ₹33.06 Cr | 0.95% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹32.76 Cr | 0.94% |
| Mishra Dhatu Nigam Ltd Ordinary Shares | Equity | ₹29.03 Cr | 0.84% |
| Coal India Ltd | Equity | ₹28.87 Cr | 0.83% |
| Emcure Pharmaceuticals Ltd | Equity | ₹27.91 Cr | 0.80% |
| Aditya Birla Sun Life AMC Ltd | Equity | ₹27.5 Cr | 0.79% |
| Sona BLW Precision Forgings Ltd | Equity | ₹27.33 Cr | 0.79% |
| Abbott India Ltd | Equity | ₹27.18 Cr | 0.78% |
| K.P.R. Mill Ltd | Equity | ₹27.1 Cr | 0.78% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹26.93 Cr | 0.78% |
| Titan Co Ltd | Equity | ₹26.74 Cr | 0.77% |
| Kotak Mahindra Bank Ltd | Equity | ₹26.71 Cr | 0.77% |
| Birla Corp Ltd | Equity | ₹23.95 Cr | 0.69% |
| Gland Pharma Ltd | Equity | ₹23.9 Cr | 0.69% |
| ISGEC Heavy Engineering Ltd | Equity | ₹22.89 Cr | 0.66% |
| InterGlobe Aviation Ltd | Equity | ₹22.49 Cr | 0.65% |
| Lupin Ltd | Equity | ₹22.4 Cr | 0.65% |
| Ipca Laboratories Ltd | Equity | ₹22.15 Cr | 0.64% |
| HDFC Asset Management Co Ltd | Equity | ₹22.1 Cr | 0.64% |
| Net Current Assets | Cash | ₹20.67 Cr | 0.60% |
| Ion Exchange (India) Ltd | Equity | ₹19.47 Cr | 0.56% |
| United Spirits Ltd | Equity | ₹19.17 Cr | 0.55% |
| Dabur India Ltd | Equity | ₹19.11 Cr | 0.55% |
| Zydus Lifesciences Ltd | Equity | ₹18.05 Cr | 0.52% |
| Bharat Forge Ltd | Equity | ₹17.46 Cr | 0.50% |
| United Breweries Ltd | Equity | ₹16.4 Cr | 0.47% |
| BSE Ltd | Equity | ₹14.16 Cr | 0.41% |
| Triparty Repo | Cash - Repurchase Agreement | ₹12.77 Cr | 0.37% |
| Ola Electric Mobility Ltd | Equity | ₹11.21 Cr | 0.32% |
| Protean eGov Technologies Ltd | Equity | ₹10.95 Cr | 0.32% |
| Cash Margin - Ccil | Cash - Collateral | ₹0.01 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
60.58%
Mid Cap Stocks
18.60%
Small Cap Stocks
18.73%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹999.15 Cr | 28.82% |
| Industrials | ₹510.4 Cr | 14.72% |
| Technology | ₹506.19 Cr | 14.60% |
| Consumer Cyclical | ₹406.11 Cr | 11.71% |
| Energy | ₹212.89 Cr | 6.14% |
| Communication Services | ₹205.18 Cr | 5.92% |
| Basic Materials | ₹157.11 Cr | 4.53% |
| Healthcare | ₹141.59 Cr | 4.08% |
| Utilities | ₹128.67 Cr | 3.71% |
| Consumer Defensive | ₹124.13 Cr | 3.58% |
| Real Estate | ₹42.16 Cr | 1.22% |
Risk & Performance Ratios
Standard Deviation
This fund
13.13%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
1.03
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Additional Scheme Detailsas of 31st August 2024
ISIN | INF204KA1B64 | Expense Ratio | 1.91% | Exit Load | No Charges | Fund Size | ₹3,467 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
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
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% | ₹2183.40 Cr | 29.9% |
| Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk | 2.2% | 1.0% | ₹173.90 Cr | 14.0% |
| Tata Retirement Savings Progressive Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2099.53 Cr | 35.5% |
| Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk | 2.2% | 0.0% | ₹930.43 Cr | 36.5% |
| Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk | 0.7% | 0.0% | ₹76.98 Cr | 21.6% |
| Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk | 0.9% | 0.0% | ₹930.43 Cr | 38.3% |
| Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk | 2.4% | 0.0% | ₹383.99 Cr | 40.1% |
| Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk | 1.0% | 0.0% | ₹383.99 Cr | 42.0% |
| Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk | 2.1% | 0.0% | ₹76.98 Cr | 19.9% |
| Franklin India Pension Plan Regular Growth Moderately High risk | 2.3% | 3.0% | ₹517.00 Cr | 19.1% |
About the AMC
Total AUM
₹5,54,956 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 05-Sep-2024, is ₹29.87.
What are the returns of Nippon India Retirement Fund - Wealth Creation Scheme Regular Growth?
The fund has generated 40.47% over the last 1 year and 19.45% 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 99.04% in equities, 0.00% in bonds, and 0.96% 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.