Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus
Hybrid
Direct
Retirement
NAV: ₹ 18.8 as on 23-03-2023
Fund Performance
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus Performance as on (23-Mar-23)
About the Fund
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 Sanjay Doshi, Kinjal Desai, Pranay Sinha, Akshay Sharma. This fund gives you the benefit of diversification.
Key parameters
1) Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus has a NAV of ₹18.8163 as on 23-03-2023.
2) Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus has ₹2233 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 1.03 %.
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus Overview
 | 1.03% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹2233 Cr |
 | 11 February, 2015 |
 | ₹0/₹0 |
 | 0% |
 | 5 Years |
 TurnOver | 69.85% |
Fund Distribution as on (28-Feb-23)
Size breakup
Large cap
66.5%
Mid cap
16.3%
Small cap
15.6%
Sector Allocation
Financial Services
31%
Industrial
13.5%
Tech
13.3%
Consumer Cyclical
12.5%
Energy
6.6%
Consumer Defensive
5.3%
Health
5%
Utilities
4.6%
Basic Materials
4.5%
Real Estate
2.9%
Communication
0.9%
Top Holdings of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus as on (28-Feb-23)
Equity Holdings58
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Reliance Industries Ltd | 6.45% | 0% | |
 HDFC Bank Ltd | 6.45% | 0% | |
 ICICI Bank Ltd | 5.74% | 0% | |
 Tata Consultancy Services Ltd | 4.15% | 0% | |
 Larsen & Toubro Ltd | 4.11% | -16.3% |
See all
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus: Monthly Changes Updates
All changes are between Dec'22 and Feb'23
Fund Performance
- This fund’s returns stands at -1.13% whereas the fund’s underlying benchmark Retirement Index returns stands at -0.26% as on Feb'23
- This fund underperformed Retirement Index by 0.87% in Feb'23
AUM Change
- AUM of the fund stands at 2.3K Cr as of Feb'23
- AUM has remained same between Feb'23 and Jan'23
Fund Portfolio Changes
Top Stocks bought last month
Sterling and Wilson Renewable Energy Ltd's allocation increased from 0.58% to 1.07%
Birla Corp Ltd's allocation increased from 0.33% to 0.79%
RITES Ltd Ordinary Shares's allocation increased from 2.94% to 3.27%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 6.66 % to 6.42 %
Axis Bank Ltd's allocation decreased from 3.35 % to 3.26 %
State Bank of India's allocation decreased from 3.24 % to 3.17 %
Top 3 Sectors in February were Financial Services, Industrial & Tech
Feb'23
Financial Services
31%
Industrial
13%
Tech
13%
Jan'23
Financial Services
31%
Industrial
13%
Tech
13%
Peer Analysis
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus Fund Manager
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
Pranay Sinha
Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus, since 31 March 2021
Top funds managed
Akshay Sharma
Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus, since 1 December 2022
Top funds managed
Fund 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 8.17% since inception which is more than its category average return of 7.38%
Fund Allocations
This fund has an allocation of 98.43% in Equity, 0% in Debt and 1.57% in Cash related instruments
AUM size ₹2233 Cr
This fund has AUM of ₹2233 Cr which is more than its category average of ₹ 544 Cr
Expense Ratio 1.03%
This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.53%
Frequently Asked Questions
The current NAV of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus is 18.87 as on 21-Mar-2023.
Existing (Absolute + CAGR)
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus | Absolute Returns | CAGR Returns |
1 Month Returns | -3.99% | -3.99% |
6 Month Returns | -6.53% | -6.53% |
1 Year Returns | 0.05% | 0.05% |
3 Years Returns | 94.14% | 24.75% |
5 Years Returns | 36.65% | 6.44% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
1.03 as on February 2023
2233 Cr as on February 2023
Reliance Industries Ltd(6.45%),HDFC Bank Ltd(6.45%),ICICI Bank Ltd(5.74%),Tata Consultancy Services Ltd(4.15%),Larsen & Toubro Ltd(4.11%) as on February 2023
Financial Services(30.52%),Industrial(13.26%),Tech(13.06%) as on February 2023
Kinjal Desai,Sanjay Doshi,Pranay Sinha,Akshay Sharma 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%
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.