Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus

Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus

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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)

Return
1M
3M
6M
1Y
3Y
5Y
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus
-1.5%
-4.7%
-4%
1.3%
25.3%
6.7%
Retirement Index
-
-
-
-
-
-

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

Expense ratio
Expense ratio
1.03%
Benchmark
Benchmark
S&P BSE 500 India TR INR
AUM
AUM
₹2233 Cr
Inception Date
Inception Date
11 February, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹0/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
5 Years
TurnOver
TurnOver
69.85%

Fund Distribution as on (28-Feb-23)

  • Equity 98.4%

  • Debt & Cash 1.6%

Size breakup

Large cap
66.5%
Mid cap
16.3%
Small cap
15.6%

Sector Allocation

Feb'23

Jan'23

Dec'22

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

Equity Holdings58

Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
-1.13%
-3.58%
-3.11%
Retirement Index
-0.26%
-0.30%
-0.56%
  • 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

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 2.3K Cr
₹ 2.3K Cr
₹ 2.4K Cr
  • 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%
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%
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%
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 %
Reliance Industries Ltd's allocation decreased from 6.66 % to 6.42 %
Axis Bank Ltd's allocation decreased from 3.35 % to 3.26 %
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 %
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%

Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus Fund Manager

Sanjay Doshi

Sanjay Doshi

Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus, since 1 July 2020
Kinjal Desai

Kinjal Desai

Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus, since 25 May 2018
Pranay Sinha

Pranay Sinha

Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus, since 31 March 2021
Akshay Sharma

Akshay Sharma

Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Bonus, since 1 December 2022

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

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

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

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%

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

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.