Nippon India Retirement Fund Wealth Creation Scheme Direct Growth

Equity
Flexi Cap
Very High Risk
5Y Lock In
19.80%
3Y annualised
+0.67% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 Dec 2024₹33.60
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 returns31.7%19.8%18.8%13.1%
Category average27.6%16.5%18.9%NA
Rank with in category221730NA
Understand terms

Peer Comparison

Equity, Flexi Cap fundsRating1Y3YFund Size(Cr)
5
42.9%28.6%4,531.48
4
31.6%25.5%66,225.06
4
31.5%20.8%18,251.58
5
29.3%17.5%82,441.08
4
24.7%16.2%2,354.86

Holdings (68)

NameSectorInstrumentAssets
FinancialEquity7.79%
FinancialEquity6.46%
TechnologyEquity4.59%
EnergyEquity3.87%
TechnologyEquity3.71%
ConstructionEquity3.13%
FinancialEquity3.07%
FinancialEquity2.92%
CommunicationEquity2.56%
EnergyEquity2.40%
AutomobileEquity1.95%
FinancialEquity1.93%
ServicesEquity1.93%
AutomobileEquity1.91%
Consumer StaplesEquity1.87%
FinancialEquity1.77%
Capital GoodsEquity1.75%
TechnologyEquity1.70%
Capital GoodsEquity1.65%
Consumer DiscretionaryEquity1.62%
Capital GoodsEquity1.52%
FinancialEquity1.52%
Capital GoodsEquity1.48%
Capital GoodsEquity1.47%
ServicesEquity1.42%
InsuranceEquity1.40%
TechnologyEquity1.39%
ConstructionEquity1.34%
ConstructionEquity1.30%
AutomobileEquity1.26%
Consumer DiscretionaryEquity1.22%
InsuranceEquity1.19%
Metals & MiningEquity1.18%
EnergyEquity1.16%
ServicesEquity1.05%
Consumer StaplesEquity1.03%
Metals & MiningEquity1.02%
EnergyEquity1.00%
Capital GoodsEquity0.98%
FinancialEquity0.95%
TechnologyEquity0.94%
ServicesEquity0.92%
Capital GoodsEquity0.86%
Consumer DiscretionaryEquity0.86%
HealthcareEquity0.81%
HealthcareEquity0.77%
TextilesEquity0.76%
HealthcareEquity0.75%
HealthcareEquity0.74%
EnergyEquity0.69%
FinancialEquity0.63%
Metals & MiningEquity0.62%
Capital GoodsEquity0.60%
HealthcareEquity0.59%
Metals & MiningEquity0.57%
HealthcareEquity0.57%
AutomobileEquity0.50%
Capital GoodsEquity0.49%
Consumer StaplesEquity0.47%
ConstructionEquity0.47%
HealthcareEquity0.46%
OthersEquity0.45%
Capital GoodsEquity0.36%
CommunicationEquity0.31%
Consumer StaplesEquity0.27%
AutomobileEquity0.26%
AutomobileEquity0.18%
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: 2.5 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 0.07%
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,

Compare funds

Nippon India Retirement Fund Wealth Creation Scheme Direct Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2024 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 5.5.9
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  GROWWMF |  SBI |  AXIS |  HDFC |  UTI |  NIPPON INDIA |  ICICI PRUDENTIAL |  TATA |  KOTAK |  DSP |  CANARA ROBECO |  SUNDARAM |  MIRAE ASSET |  IDFC |  FRANKLIN TEMPLETON |  PPFAS |  MOTILAL OSWAL |  INVESCO |  EDELWEISS |  ADITYA BIRLA SUN LIFE |  LIC |  HSBC |  NAVI |  QUANTUM |  UNION |  ITI |  MAHINDRA MANULIFE |  360 ONE |  BOI |  TAURUS |  JM FINANCIAL |  PGIM |  SHRIRAM |  BARODA BNP PARIBAS |  QUANT |  WHITEOAK CAPITAL |  TRUST |  SAMCO |  NJ