|Min SIP Amount||₹500|
|NAV||₹12.43 (25 Jan 2021)|
|Fund Started||11 Feb 2015|
|Fund Size||₹1,827 Cr|
|Reliance Industries Ltd.||Energy||Equity||7.4%|
|HDFC Bank Ltd.||Financial||Equity||6.8%|
|ICICI Bank Ltd.||Financial||Equity||4.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||4.4%|
|Tata Consultancy Services Ltd.||Technology||Equity||3.9%|
|Hindustan Unilever Ltd.||FMCG||Equity||3.1%|
|Larsen & Toubro Ltd.||Construction||Equity||3.0%|
|Bharti Airtel Ltd.||Communication||Equity||2.4%|
|Axis Bank Ltd.||Financial||Equity||2.1%|
Nippon India Retirement Fund Wealth Creation Scheme Dividend 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 Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹1,827 Cr and the Latest NAV as of 25 Jan 2021 is ₹12.43.
The Nippon India Retirement Fund Wealth Creation Scheme Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
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).