Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Retirement Fund Wealth Creation Scheme Direct IDCW

Nippon India Retirement Fund Wealth Creation Scheme Direct IDCW

Solution Oriented
Retirement
Very High Risk
49.60%
1Y return
+0.75% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 29 Jul 2021₹16.02
Min. SIP Amount₹500
Rating1star
Fund Size₹2,106.56 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Solution Oriented Retirement
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns49.6%7.0%10.1%9.1%
Category average52.1%14.5%14.5%NA
Rank with in category353833NA
Understand termsinfo

Holdings (60)

NameSectorInstrumentAssets
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 India
FinancialEquity2.2%
See All

Pros and cons

Category: Solution Oriented Retirement

Pros

  • Exit load is zero

Cons

  • 1Y Returns are lower than the category average returns
  • 3Y Returns are lower than the category average returns
  • 5Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 1.16%

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 termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹500

Fund management

Prashant R Pimple
Feb 2020 - Present
View Details
keyboard_arrow_down
Sanjay Parekh
Jan 2015 - Present
View Details
keyboard_arrow_down
Anju Chhajer
Jan 2015 - Present
View Details
keyboard_arrow_down
Pranay Sinha
Mar 2021 - Present
View Details
keyboard_arrow_down
Sanjay Doshi
Jul 2020 - Present
View Details
keyboard_arrow_down
Kinjal Desai
May 2018 - Present
View Details
keyboard_arrow_down

Fund house & investment objective

keyboard_arrow_down

Fund house contact details

keyboard_arrow_down

Compare funds

Nippon India Retirement Fund Wealth Creation Scheme Direct IDCW
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India