Nippon India Retirement Fund Wealth Creation Scheme Direct Growth

Equity
Flexi Cap
Very High Risk
5Y Lock In
19.08%
3Y annualised
+0.95% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Dec 2024₹32.78
Min. SIP amount₹500
Rating3
Fund size₹3,501.17Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity Flexi Cap
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns32.1%19.1%18.1%12.9%
Category average28.2%16.0%18.3%NA
Rank with in category241832NA
Understand terms

Peer Comparison

Equity, Flexi Cap fundsRating1Y3YFund Size(Cr)
5
43.2%27.8%4,531.48
4
34.8%25.5%66,225.06
4
32.1%20.2%18,251.58
5
29.7%17.7%82,441.08
4
23.7%15.4%2,354.86

Holdings (70)

NameSectorInstrumentAssets
FinancialEquity7.86%
FinancialEquity6.33%
TechnologyEquity4.41%
EnergyEquity4.05%
TechnologyEquity3.50%
FinancialEquity3.17%
ConstructionEquity3.08%
FinancialEquity2.89%
EnergyEquity2.73%
CommunicationEquity2.33%
AutomobileEquity2.20%
Consumer StaplesEquity1.92%
FinancialEquity1.89%
Capital GoodsEquity1.82%
Metals & MiningEquity1.75%
ServicesEquity1.69%
AutomobileEquity1.66%
TechnologyEquity1.64%
Consumer DiscretionaryEquity1.63%
Capital GoodsEquity1.58%
Capital GoodsEquity1.55%
FinancialEquity1.52%
FinancialEquity1.49%
InsuranceEquity1.46%
Capital GoodsEquity1.37%
InsuranceEquity1.36%
ConstructionEquity1.35%
Capital GoodsEquity1.35%
TechnologyEquity1.30%
AutomobileEquity1.28%
ConstructionEquity1.25%
Consumer DiscretionaryEquity1.24%
ServicesEquity1.19%
EnergyEquity1.17%
Capital GoodsEquity1.03%
Consumer StaplesEquity0.99%
ServicesEquity0.99%
ServicesEquity0.96%
Metals & MiningEquity0.94%
TextilesEquity0.91%
FinancialEquity0.89%
HealthcareEquity0.87%
Consumer DiscretionaryEquity0.83%
Capital GoodsEquity0.82%
TechnologyEquity0.81%
EnergyEquity0.81%
HealthcareEquity0.79%
HealthcareEquity0.77%
EnergyEquity0.76%
HealthcareEquity0.67%
FinancialEquity0.65%
Capital GoodsEquity0.64%
HealthcareEquity0.61%
Metals & MiningEquity0.60%
ConstructionEquity0.55%
HealthcareEquity0.55%
Capital GoodsEquity0.53%
AutomobileEquity0.52%
Capital GoodsEquity0.51%
Metals & MiningEquity0.49%
HealthcareEquity0.49%
Consumer StaplesEquity0.47%
CommunicationEquity0.31%
Consumer StaplesEquity0.28%
AutomobileEquity0.28%
OthersEquity0.28%
ServicesEquity0.27%
FinancialEquity0.21%
AutomobileEquity0.17%
FinancialAdditional Tier 1 Bo0.00%
See All

Pros and cons

Category: Equity Flexi Cap

Pros

Exit load is zero
Lower expense ratio: 0.98%
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher alpha: 2.12 The fund has generated returns higher than benchmark - BSE 500 Total Return Index - in the last 3Y

Cons

5Y annualised returns lower than category average by 0.11%
Lock-in period: 5Y

Expense ratio, exit load and tax

Expense ratio: 0.98%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Pranay Sinha
Mar 2021 - Present
View details

Kinjal Desai
May 2018 - Present
View details

Education
Ms. Desai has done B.A (Economics), MSc. (Economics) and has cleared CFA Level 1
Experience
She has been working with Nippon India Mutual Fund since year, 2012
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg, Lower Parel (W), Mumbai 400013
Phone
NA
Launch Date
30 Jun 1995
E-mail
NA
Website
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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