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Nippon India Retirement Fund Wealth Creation Scheme IDCW+0.43%

52.95%
1 Year Return
Solution Oriented
Flexi Cap
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Nippon India Retirement Fund Wealth Creation Scheme IDCW

RiskVery High
Min SIP Amount₹500
Expense Ratio2.20%
NAV₹12.80 (23 Apr 2021)
Fund Started11 Feb 2015
Fund Size1,936 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
53.0%
1.4%
7.9%
5.7%
Category Average
51.1%
8.9%
12.9%
-
Rank Within Category
31
37
35
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 53.0% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
Cons
1. Higher expense ratio - 2.2%
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity6.3%
Infosys Ltd.TechnologyEquity6.1%
Reliance Industries Ltd.EnergyEquity5.7%
ICICI Bank Ltd.FinancialEquity4.7%
Housing Development Finance Corpn. Ltd.FinancialEquity4.3%
Tata Consultancy Services Ltd.TechnologyEquity4.1%
Larsen & Toubro Ltd.ConstructionEquity3.5%
Hindustan Unilever Ltd.FMCGEquity2.9%
Axis Bank Ltd.FinancialEquity2.5%
Bharti Airtel Ltd.CommunicationEquity2.1%
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 IDCW Details

Nippon India Retirement Fund Wealth Creation Scheme IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹1,936 Cr and the Latest NAV as of 23 Apr 2021 is ₹12.80.

The Nippon India Retirement Fund Wealth Creation Scheme IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

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)

₹5000
Min for First Investment
₹1000
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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