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Nippon India Retirement Fund Wealth Creation Scheme Direct Bonus

Solution Oriented
Retirement
Very High Risk
5Y Lock In
13.54%
3Y annualised
+0.13% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Jan 2022₹18.91
Min. SIP amount₹100
Rating1
Fund size₹2,368.41Cr

Returns and rankings

Category: Solution Oriented Retirement
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns31.0%13.5%11.3%9.6%
Category average52.1%14.5%14.5%NA
Rank with in category314033NA
Understand terms

Holdings (57)

NameSectorInstrumentAssets
FinancialEquity6.1%
EnergyEquity5.7%
FinancialEquity5.5%
ConstructionEquity4.6%
TechnologyEquity4.6%
TechnologyEquity4.1%
FinancialEquity3.4%
FinancialEquity2.8%
FMCGEquity2.7%
FinancialEquity2.1%
See All

Pros and cons

Category: Solution Oriented Retirement

Pros

Exit load is zero
Lower expense ratio: 1.07%

Cons

Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lock-in period: 5Y
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 1.07%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Lock-in for 5 years or retirement, whichever is earlier. If average equity holding is >65%, 10% (After 1 year as per LTCG). If average equity holding is <65%, 20% with indexation benefit (post 3 years).

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Pranay Sinha
Mar 2021 - Present
View details
Sanjay Doshi
Jul 2020 - Present
View details
Kinjal Desai
May 2018 - Present
View details

Fund house & investment objective

Fund house contact details

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