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Nippon India Retirement Fund Wealth Creation Scheme Direct Bonus+0.29%

48.13%
1 Year Return
Solution Oriented
Retirement
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Retirement Fund Wealth Creation Scheme Direct Bonus

RiskVery High
Min SIP AmountNot Supported
Expense Ratio1.16%
NAV₹17.50 (23 Jul 2021)
Fund Started11 Feb 2015
Fund Size2,107 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
48.1%
8.0%
10.4%
7.8%
Category Average
52.1%
14.5%
14.5%
-
Rank Within Category
36
38
34
-
*All returns are annualized.
SIP
Minimum SIP amount100
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 48.1% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
Cons
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Infosys Ltd.TechnologyEquity6.2%
HDFC Bank Ltd.FinancialEquity6.0%
Reliance Industries Ltd.EnergyEquity6.0%
ICICI Bank Ltd.FinancialEquity4.8%
Tata Consultancy Services Ltd.TechnologyEquity4.3%
Larsen & Toubro Ltd.ConstructionEquity3.9%
Housing Development Finance Corpn. Ltd.FinancialEquity3.8%
Axis Bank Ltd.FinancialEquity2.5%
Hindustan Unilever Ltd.FMCGEquity2.4%
State Bank of IndiaFinancialEquity2.2%
See All

Fund Managers

Prashant R Pimple
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Sanjay Parekh
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Anju Chhajer
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Pranay Sinha
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Sanjay Doshi
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Kinjal Desai
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Nippon India Retirement Fund Wealth Creation Scheme Direct Bonus Details

Nippon India Retirement Fund Wealth Creation Scheme Direct Bonus is a Solution Oriented Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 11 Feb 2015. Sanjay Parekh, Anju Chajjer, Jahnvee Shah is the Current Fund Manager of Nippon India Retirement Fund Wealth Creation Scheme Direct Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹2,107 Cr and the Latest NAV as of 23 Jul 2021 is ₹17.50.

The Nippon India Retirement Fund Wealth Creation Scheme Direct Bonus is rated Very High risk. Minimum SIP Investment is set to 100.

Investment Objective

The scheme seeks 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.

Tax Implications

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).

Scheme Information Document(SID)

Not Supported
Min for First Investment
Not Supported
Min for Second Investment
Nil
Exit Load

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About Nippon India Mutual Fund

Address
Corporate Office : Reliance Centre, 7th Floor South Wing, OFf Western Express Highway, Santacruz(E) Mumbai-400055
Phone
022-33031000/30301111
Launch Date
30 Jun 1995
Website
NA
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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