Nippon India Retirement Fund - Income Generation Scheme - Direct Bonus

Nippon India Retirement Fund - Income Generation Scheme - Direct Bonus is a hybrid fund. This fund was started on 11 February, 2015. The fund is managed by Kinjal Desai, Pranay Sinha, Ashutosh Bhargava. This fund gives you the benefit of diversification.

1. Nippon India Retirement Fund - Income Generation Scheme - Direct Bonus has ₹154 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 1.
   

Nippon India Retirement Fund - Income Generation Scheme - Direct Bonus has given a CAGR return of 8.37% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.01%, 11.85% and 8.77% respectively.

Nippon India Retirement Fund - Income Generation Scheme - Direct Bonus has allocated its funds majorly in Government, Financial Services, Consumer Cyclical, Tech, Industrial, Energy, Utilities, Consumer Defensive, Corporate, Cash Equivalent, Basic Materials, Health.

As it is a retirement mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the scheme is to provide capital appreciation and consistent income to the investors which will be in line with their retirement goals by investing in a mix of securities comprising of equity, equity related instruments and fixed income securities. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. There is a lock in period for Nippon India Retirement Fund - Income Generation Scheme - Direct Bonus of 5 Years