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Nippon India Retirement Fund - Wealth Creation Scheme


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.18 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 multi-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 multi-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: Do not invest in this, or any other multi-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
Fund 6.47 -0.59 -0.70 1.20 -1.84 17.86 58.04 1.71 8.31 -- --
S&P BSE 500 TRI 8.85 -0.53 -0.69 2.39 0.07 20.24 68.45 11.48 15.22 -- --
Equity: Flexi Cap 7.87 -0.62 -0.78 2.22 -0.88 19.03 58.67 10.07 13.56 -- --
Rank within category 38 29 24 43 34 32 27 38 35 -- --
Number of funds in category 56 59 58 58 57 55 52 38 35 30 24

As on 14-May-2021

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 58.04 1.71 8.31 2.11 1,920
Kotak Flexicap Fund Regular Plan  | Invest Online
4 star
Sep-09 54.46 10.42 14.47 1.62 34,115
UTI Flexi Cap Fund - Regular Plan  | Invest Online
5 star
May-92 70.26 15.56 16.21 2.04 17,096
Axis Focused 25 Fund
4 star
Jun-12 55.35 11.68 16.59 1.71 15,521
SBI Focused Equity Fund  | Invest Online
4 star
Oct-04 52.61 11.86 14.97 1.90 14,767

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
Fund 4.86 24.98 0.02 0.02 1.09 -8.80
S&P BSE 500 TRI 12.90 22.64 0.38 0.43 -- --
Equity: Flexi Cap 11.51 22.06 0.33 0.37 0.94 -0.91
Rank within category 38 35 38 38 37 38
Number of funds in category 38 38 38 38 38 38

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

As on 30-Apr-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 68
Top 10 Stocks (%) 41.83
Top 5 Stocks (%) 27.15
Top 3 Sectors (%) 51.73
Portfolio P/B Ratio 3.46
Portfolio P/E Ratio 28.34

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,21,984 1,24,735
Giant (%) 55.25 51.61
Large (%) 11.81 17.79
Mid (%) 24.11 23.33
Small (%) 8.83 7.80
Tiny (%) -- 0.19

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
up HDFC Bank Financial 24.03 10.75 6.25 6.25
up Reliance Industries Energy 26.66 8.28 3.31 5.92
down Infosys Technology 29.00 6.68 3.56 5.71
up ICICI Bank Financial 22.48 7.83 3.30 5.00
up Tata Consultancy Services Technology 34.80 4.50 0.00 4.27
equal HDFC Financial 23.31 4.69 2.49 4.22
up Larsen & Toubro Construction 17.17 5.29 3.00 3.49
down Hindustan Unilever FMCG 69.85 4.01 0.00 2.45
down Axis Bank Financial 29.18 5.97 0.00 2.35
equal Bharti Airtel Communication -- 4.38 0.00 2.17
up JK Lakshmi Cement Construction 13.57 1.90 0.00 1.89
down HCL Technologies Technology 22.16 2.03 0.00 1.87
up Sun Pharmaceutical Inds. Healthcare 68.82 4.51 0.72 1.70
up DCB Bank Financial 8.91 1.96 0.00 1.65
equal Kotak Mahindra Bank Financial 33.88 2.31 0.00 1.64
down Fortis Healthcare Healthcare -- 1.54 0.00 1.54
down State Bank of India Financial 13.87 6.67 0.37 1.47
equal ICICI Lombard General Insurance Company Financial 45.48 1.50 0.00 1.47
down Can Fin Homes Financial 14.88 1.59 0.00 1.44
equal Oberoi Realty Construction 26.21 1.49 0.00 1.43
equal SBI Cards & Payments Services Financial 92.63 1.41 0.00 1.41
equal Bharat Electronics Engineering 19.65 1.43 0.00 1.37
down AU Small Finance Bank Financial 25.26 1.89 0.00 1.33
equal Dixon Technologies Engineering 161.76 1.31 0.00 1.31
down L&T Technology Services Engineering 40.24 1.48 0.00 1.28

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-Apr-2021

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:


-0.59%

Change from previous, NAV as on 14-May-2021

Growth: ₹ 14.3851

IDCW: ₹ 13.0219

Bonus: ₹ 14.3851


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

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 100
Minimum 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: 5.98%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,920 Cr (As on 30-Apr-2021)
Expense: 2.11% (As on 30-Apr-2021)
Risk Grade: High
Return Grade: Low
Turnover: 87.00%

Most Recent Dividends

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

Contact Information

AMC: Nippon India Life Asset Management Ltd.

Address: Reliance Centre, 7th Floor, South Wing Off Western Express Highway Santacruz (East) Mumbai - 400055

Phone: 022-68334800 / 18602660111

Fax: 022-33037662

Email: [email protected]

Website: http://www.nipponindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

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

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

With the resurgence of COVID-19, what should investors do?

DateFriday, 07-May-2021
Time12:30 PM - 01:00 PM

Registration Over