| NAV: 01 Jul 2022 | ₹16.47 |
| Min. SIP amount | ₹500 |
| Rating | 2 |
| Fund size | ₹195.07Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | -0.2% | 4.9% | 5.7% | 7.0% |
| Category average | 14.2% | 7.4% | 7.4% | NA |
| Rank with in category | 33 | 27 | 26 | NA |
Holdings (45)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | CGL | 26.1% |
| GOI | Sovereign | GOI Sec | 12.6% |
GOI | Sovereign | GOI Sec | 11.2% |
GOI | Sovereign | GOI Sec | 9.0% |
| GOI | Sovereign | CGL | 8.8% |
| GOI | Sovereign | GOI Sec | 4.5% |
| Reliance Industries Ltd. | Energy | Equity | 1.7% |
| HDFC Bank Ltd. | Financial | Equity | 1.2% |
GOI | Sovereign | CGL | 1.1% |
| ICICI Bank Ltd. | Financial | Equity | 1.1% |
Pros and cons
Pros
Cons
Expense ratio, exit load and tax
Expense ratio: 1.24%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Pranay SinhaMar 2021 - PresentView details
Sanjay DoshiJul 2020 - PresentView details
Kinjal DesaiMay 2018 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in Nippon India Retirement Fund Income Generation Scheme Direct IDCW?
You can easily invest in Nippon India Retirement Fund Income Generation Scheme Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Nippon India Retirement Fund Income Generation Scheme Direct IDCW from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Nippon India Retirement Fund Income Generation Scheme Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Nippon India Retirement Fund Income Generation Scheme Direct IDCW provide?
The Nippon India Retirement Fund Income Generation Scheme Direct IDCW has been there from 11 Feb 2015 and the average annual returns provided by this fund is -0.16% since its inception.
How much expense ratio is charged by Nippon India Retirement Fund Income Generation Scheme Direct IDCW?
The term
Expense Ratio used for Nippon India Retirement Fund Income Generation Scheme Direct IDCW or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Nippon India Retirement Fund Income Generation Scheme Direct IDCW is 1.24% as of 02 Jul 2022...
What is the AUM of Nippon India Retirement Fund Income Generation Scheme Direct IDCW?
The AUM, short for Assets Under Management of Nippon India Retirement Fund Income Generation Scheme Direct IDCW is ₹195.07Cr as of 02 Jul 2022.
How to Redeem Nippon India Retirement Fund Income Generation Scheme Direct IDCW?
If you want to sell your Nippon India Retirement Fund Income Generation Scheme Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Nippon India Retirement Fund Income Generation Scheme Direct IDCW?
What is the NAV of Nippon India Retirement Fund Income Generation Scheme Direct IDCW?
The NAV of Nippon India Retirement Fund Income Generation Scheme Direct IDCW is ₹16.47 as of 01 Jul 2022.
