Nippon India Retirement Fund Wealth Creation Scheme Bonus+0.41%

-9.72%
1 Year Return
Solution Oriented
Retirement
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Retirement Fund Wealth Creation Scheme Bonus

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio2.35%
NAV11.63 (23 Oct 2020)
Fund Started11 Feb 2015
Fund Size1,504 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Nippon India Retirement Fund Wealth Creation Scheme Bonus
-9.7%
-4.1%
2.7%
2.7%
Category Average
2.7%
2.8%
7.3%
-
Rank within category
57
42
38
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -9.7% annual returns

    Comparison

    Data not available
    Pros
    1. Risk is lower compared to the benchmark
    2. Exit load is zero
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Higher expense ratio
    3. 1Y Returns are lower than the benchmark
    4. 3Y Returns are lower than the benchmark
    5. 5Y Returns are lower than the benchmark
    6. Risk-adjusted returns are lower compared to the category
    7. Higher expense ratio - 2.35%
    8. 1Y Returns are lower than the category average returns
    9. 3Y Returns are lower than the category average returns
    10. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity8.2%
    HDFC Bank Ltd.FinancialEquity6.7%
    Infosys Ltd.TechnologyEquity5.7%
    Housing Development Finance Corpn. Ltd.FinancialEquity4.2%
    Tata Consultancy Services Ltd.TechnologyEquity4.1%
    Larsen & Toubro Ltd.ConstructionEquity3.6%
    ICICI Bank Ltd.FinancialEquity3.5%
    Hindustan Unilever Ltd.FMCGEquity3.4%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity2.4%
    Bharti Airtel Ltd.CommunicationEquity2.4%
    See All

    Fund Managers

    addPrashant R Pimple
    Education
    Mr. Pimple is a MBA (Finance) and CTM.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with Fidelity Mutual Fund, ICICI Bank, Bank of Bahrain & Kuwait, Saraswat Co-op Bank Ltd. and SIDBI.
    Funds Managed
    addSanjay Parekh
    Education
    Mr. Parekh is a B.Com (H) and Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund he has worked with ICICI Prudential MF, Ask Investments Managers, Prabhudas Lilladher, Sunidhi Consultancy Services, Insight Asset Management and Capital Market Magazine.
    Funds Managed
    addAnju Chhajer
    Education
    Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
    Experience
    Prior to joining Reliance Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
    Funds Managed
    addSanjay Doshi
    Education
    ACA, MBA (Finance), Cleared CFA Level III
    Experience
    Has over 11 years of experience in capital market. Prior to joining Reliance Nippon AMC as Fund Manager - Equity, he was associated with RNLAM as Sr. Analyst Equity Investment (01-Feb-2011 to 01-Jan-2017), Macquarie Capital Securities (India) Pvt Ltd - Analyst Equity Research (Aug 2007 to Dec 2010), JP Morgan Services (India) Pvt Ltd - Associate Convertible Bonds Research (Sept 2005 to Jul 2007).
    Funds Managed
    addKinjal Desai
    Education
    Ms. Desai is MSc(Economics)
    Experience
    Associate Equity Investments at RNAM Assisting lead Analyst in Equity Research, idea generation and sector Monitoring., assisting Fund Managers in Stock Selection and monitoring of overseas investments.
    Funds Managed

    Nippon India Retirement Fund Wealth Creation Scheme Bonus Details

    Nippon India Retirement Fund Wealth Creation Scheme 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 Bonus fund.The fund currently has an Asset Under Management(AUM) of ₹1,504 Cr and the Latest NAV as of 23 Oct 2020 is ₹11.63.

    The Nippon India Retirement Fund Wealth Creation Scheme Bonus is rated Moderately High risk. Minimum SIP Investment is set to 500.

    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
    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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