Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus
Hybrid
Direct
Retirement
NAV: ₹ 27.92 as on 16-04-2024
Fund Performance
About the Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus is a hybrid fund. This fund was started on 11 February, 2015. The fund is managed by Pranay Sinha, Sanjay Doshi, Kinjal Desai. This fund gives you the benefit of diversification.
Key Parameters
- Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus has ₹3004 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 1.
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus Overview
 | 1.04% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹3004 Cr |
 | 11 February, 2015 |
 | --/-- |
 | 0% |
 | 5 Years |
 TurnOver | 59.05% |
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus Distribution as on (31-Mar-24)
Size breakup
Large cap
63.2%
Mid cap
19.9%
Small cap
14.2%
Sector Allocation
Financial Services
29.6%
Consumer Cyclical
15.5%
Tech
14.6%
Industrial
11.7%
Energy
7.6%
Consumer Defensive
4.4%
Basic Materials
4.4%
Health
4.2%
Utilities
3.8%
Communication
2.8%
Real Estate
1.3%
Top Holdings of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus as on (31-Mar-24)
Equity Holdings53
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Reliance Industries Ltd | 7.42% | 0% | |
 ICICI Bank Ltd | 7.28% | 0% | |
 HDFC Bank Ltd | 6.27% | 0% | |
 Bosch Ltd | 4% | -9.1% | |
 Tata Consultancy Services Ltd | 3.78% | 0% |
See all
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 3K Cr as of Mar'24
- AUM increased by 12.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus Fund Manager
Pranay Sinha
Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus, since 31 March 2021
Top funds managed
Sanjay Doshi
Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus, since 1 July 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus, since 25 May 2018
Top funds managed
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 11.84% since inception which is more than its category average return of 11.03%
Fund Allocations
This fund has an allocation of 97.35% in Equity, 0% in Debt and 2.65% in Cash related instruments
AUM size ₹3004 Cr
This fund has AUM of ₹3004 Cr which is more than its category average of ₹ 701 Cr
Expense Ratio 1.04%
This fund has an expense ratio of 1.04% which is less than its category average expense ratio of 1.51%
Frequently Asked Questions
The current NAV of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus is ₹27.92 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus | Absolute Returns | CAGR Returns |
1 Month Returns | 3.2% | 3.2% |
6 Month Returns | 17.19% | 17.19% |
1 Year Returns | 43.65% | 43.65% |
3 Years Returns | 80.26% | 21.7% |
5 Years Returns | 92.26% | 13.97% |
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1.04% as on March 2024
₹3004 Cr as on March 2024
Reliance Industries Ltd(7.42%), ICICI Bank Ltd(7.28%), HDFC Bank Ltd(6.27%), Bosch Ltd(4%), Tata Consultancy Services Ltd(3.78%) as on March 2024
Financial Services(28.79%), Consumer Cyclical(15.1%), Tech(14.18%) as on March 2024
Pranay Sinha, Sanjay Doshi, Kinjal Desai are the fund managers of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus
The Exit load of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus is 0%