Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth
Hybrid
regular
Retirement
NAV: ₹ 25.84 as on 03-05-2024
About the Fund
Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth 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 - Regular Growth 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 2.
Fund Performance
Overview
 | 1.95% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹3004 Cr |
 | 11 February, 2015 |
 | ₹500/₹500 |
 | 0% |
 | 5 Years |
 TurnOver | 59.05% |
Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth 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 - Regular Growth as on (30-Apr-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
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
Mutual Fund Insights
In the last 5 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 23.77% return, outperforming this fund by 9.88% per annum.
In the last 1 year, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 59.68% return, outperforming this fund by 16.29%.
In the last 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 32.46% return, outperforming this fund by 10.88% per annum.
Peer Analysis
Fund Manager
Pranay Sinha
Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth, since 31 March 2021
Top funds managed
Sanjay Doshi
Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth, since 1 July 2020
Top funds managed
Kinjal Desai
Fund Manager of Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth, since 25 May 2018
Top funds managed
Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth 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 10.84% since inception which is less than its category average return of 11.17%
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 ₹ 678 Cr
Expense Ratio 1.95%
This fund has an expense ratio of 1.95% which is more than its category average expense ratio of 1.46%
Frequently Asked Questions
The current NAV of Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth is ₹25.84 as on 03-May-2024.
Existing (Absolute + CAGR) as on 03-May-2024.
Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.08% | 2.08% |
6 Month Returns | 23.35% | 23.35% |
1 Year Returns | 43.39% | 43.39% |
3 Years Returns | 79.74% | 21.59% |
5 Years Returns | 91.55% | 13.88% |
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.
1.95% as on April 2024
₹3004 Cr as on April 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 April 2024
Financial Services(28.79%), Consumer Cyclical(15.1%), Tech(14.18%) as on April 2024
Pranay Sinha, Sanjay Doshi, Kinjal Desai are the fund managers of Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth
The Exit load of Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth is 0%