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Nippon India Retirement Fund - Wealth Creation Scheme download report


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 1.16 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.25 Lakh

Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This is a flexi-cap fund where the fund management team has complete freedom to invest in companies of different sizes, depending on where it expects maximum gains. This versatility makes flexi-cap funds most suitable for equity fund investors, as the job of stock selection is left completely to the fund manager, which is the very idea of investing in a mutual fund.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Warning: Do not invest in this, or any other flexi-cap fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Nippon India Retirement Fund - Wealth Creation Scheme-G -10.87 1.17 1.62 -2.58 -10.71 -12.40 0.03 5.13 5.27 6.46 --
S&P BSE 500 TRI -8.07 1.28 1.64 -2.79 -10.47 -9.86 1.80 13.84 11.50 11.41 --
Equity: Flexi Cap -9.90 1.31 2.01 -1.85 -9.89 -11.40 0.05 12.00 9.86 10.02 --
Rank within category 38 47 47 50 44 40 25 46 33 32 --
Number of funds in category 65 69 69 69 69 65 60 47 35 34 27

As on 06-Jul-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Nippon India Retirement Fund - Wealth Creation Scheme  | Invest Online
1 star
Feb-15 0.03 5.13 5.27 2.01% 2,084
SBI Focused Equity Fund  | Invest Online
4 star
Oct-04 -0.30 13.36 13.10 1.63% 24,274
UTI Flexi Cap Fund - Regular Plan  | Invest Online
4 star
May-92 -6.85 15.74 12.81 1.81% 23,609
Parag Parikh Flexi Cap Fund - Regular Plan  | Invest Online
5 star
May-13 2.68 20.96 16.67 1.94% 22,647
Axis Flexi Cap Fund - Regular Plan
4 star
Nov-17 -4.59 11.28 -- 1.85% 10,081

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.48 26-May-2020 - 02-Jun-2020 -19.10 16-Mar-2020 - 23-Mar-2020
Month 18.93 23-Mar-2020 - 22-Apr-2020 -41.29 20-Feb-2020 - 23-Mar-2020
Quarter 33.31 24-Mar-2020 - 23-Jun-2020 -41.66 23-Dec-2019 - 23-Mar-2020
Year 86.96 23-Mar-2020 - 23-Mar-2021 -41.45 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Nippon India Retirement Fund - Wealth Creation Scheme-G 7.93 24.81 0.18 0.18 1.10 -8.20
S&P BSE 500 TRI 15.01 22.33 0.52 0.58 -- --
Equity: Flexi Cap 13.27 21.48 0.45 0.51 0.93 -0.89
Rank within category 45 47 48 47 48 49
Number of funds in category 49 49 49 49 49 49

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Jun-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 52
Top 10 Stocks (%) 46.99
Top 5 Stocks (%) 31.58
Top 3 Sectors (%) 49.80
Portfolio P/B Ratio 3.02
Portfolio P/E Ratio 22.38

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,36,570 1,12,324
Giant (%) 58.85 49.35
Large (%) 15.15 16.88
Mid (%) 16.11 23.50
Small (%) 9.89 10.27
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Reliance Industries Energy 26.58 8.28 3.31 8.22
equal HDFC Bank Financial 20.09 10.68 5.59 6.95
up ICICI Bank Financial 20.35 7.83 3.54 6.45
up Infosys Technology 28.75 6.68 3.56 5.47
up Larsen & Toubro Construction 25.43 5.29 3.00 4.49
up Tata Consultancy Services Technology 31.48 4.50 0.00 4.23
up State Bank of India Financial 12.15 5.33 0.37 3.47
equal HDFC Financial 17.91 4.47 2.49 2.92
up Rites Construction 11.03 2.76 0.62 2.76
up Maruti Suzuki India Automobile 67.17 2.91 0.00 2.03
up Power Grid Corporation Energy 8.62 2.03 0.00 2.03
equal Dixon Technologies Capital Goods 114.52 2.05 0.00 1.89
up Sun Pharmaceutical Industries Healthcare 62.41 4.51 1.36 1.89
up Wipro Technology 18.95 1.80 0.00 1.80
equal DCB Bank Financial 8.60 1.97 0.00 1.78
up JK Lakshmi Cement Materials 11.03 2.18 0.00 1.77
up SBI Cards & Payments Services Financial 49.34 1.98 0.00 1.66
equal Mishra Dhatu Nigam Metals & Mining 17.68 1.69 0.00 1.57
equal Bosch Automobile 39.23 1.46 0.00 1.46
equal SBI Life Insurance Company Insurance 59.31 1.47 0.00 1.43
up Varun Beverages Consumer Staples 66.47 1.42 0.00 1.42
up United Breweries Consumer Staples 117.42 1.39 0.00 1.39
equal Divi's Laboratories Healthcare 33.09 1.39 0.00 1.39
equal Crompton Greaves Consumer Electricals Consumer Discretionary 39.99 1.58 0.00 1.39
equal Indraprastha Gas Energy 17.45 1.59 0.00 1.37

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Jun-2022

Fund Manager

— Pranay Sinha since 31-Mar-2021

Education: Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.

Experience: Prior to joining Nippon India Mutual Fund, he has worked with ABSLAMC, BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).

Funds Managed:

— Sanjay Doshi since 01-Jul-2020

Education: ACA, MBA (Finance), Cleared CFA Level III

Experience: Prior to joining Nippon India 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:


1.17%

Change from previous, NAV as on 06-Jul-2022

Growth: ₹ 15.9101

IDCW: ₹ 14.4021

Bonus: ₹ 15.9101


Investment Strategy

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.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 100
Min. No of Cheques 60
Min. Withdrawal (₹) 100
Min. Balance (₹) 1
Lock-in Period 5 Years
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 11-Feb-2015
Return Since Launch: 6.47%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,084 Cr (As on 30-Jun-2022)
Expense: 2.01% (As on 31-May-2022)
Risk Grade: High
Return Grade: Below Average
Turnover: 72.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW14-Feb-20201.1068

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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