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Nippon India Retirement Fund Wealth Creation Scheme Direct Growth

Solution Oriented
Retirement
Very High Risk
5Y Lock Inlock
15.73%
3Y annualised
-0.37% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 22 Oct 2021₹19.88
Min. SIP amount₹500
Rating1star
Fund size₹2,366.39 Cr

Returns and rankings

Category: Solution Oriented Retirement
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns59.7%15.7%12.1%10.8%
Category average52.1%14.5%14.5%NA
Rank with in category324033NA
Understand termsinfo

Holdings (64)

NameSectorInstrumentAssets
FinancialEquity6.6%
EnergyEquity5.3%
FinancialEquity4.7%
TechnologyEquity4.6%
ConstructionEquity4.1%
TechnologyEquity3.6%
FinancialEquity3.5%
TechnologyEquity2.9%
FMCGEquity2.9%
State Bank of India
FinancialEquity2.3%
See All

Pros and cons

info
Category: Solution Oriented Retirement
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Pros

1Y and 3Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 1.08%
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Cons

5Y annualised returns lower than category average by 2.36%
Lock-in period: 5Y
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 1.08%

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
Check past data

Minimum investment amounts

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

Fund management

Prashant R Pimple
Feb 2020 - Present
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Sanjay Parekh
Jan 2015 - Present
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Anju Chhajer
Jan 2015 - Present
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Pranay Sinha
Mar 2021 - Present
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Sanjay Doshi
Jul 2020 - Present
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Kinjal Desai
May 2018 - Present
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Fund house & investment objective

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Fund house contact details

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