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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
₹ 4.16 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: 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
Fund 5.40 -2.78 -2.06 7.58 13.82 27.35 15.71 1.54 10.83 -- --
S&P BSE 500 TRI 6.05 -3.10 -2.00 7.93 14.21 30.70 34.31 11.12 17.54 -- --
Equity: Flexi Cap 6.06 -2.77 -1.94 7.62 13.66 28.36 27.53 9.82 16.24 -- --
Rank within category 30 29 34 27 23 32 50 37 35 -- --
Number of funds in category 56 58 58 57 56 54 52 37 35 28 24

As on 26-Feb-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 15.71 1.54 10.83 2.20 1,783
Kotak Flexicap Fund Regular Plan  | Invest Online
4 star
Sep-09 24.89 10.82 17.38 1.62 32,453
UTI Flexi Cap Fund - Regular Plan  | Invest Online
5 star
May-92 35.13 16.80 18.73 1.76 14,606
Axis Focused 25 Fund
5 star
Jun-12 22.83 13.46 19.97 1.73 13,660
SBI Focused Equity Fund  | Invest Online
4 star
Oct-04 19.86 11.90 17.73 1.92 12,520

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 43.25 26-Dec-2016 - 26-Dec-2017 -41.45 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.06 25.02 -0.14 -0.16 1.08 -8.55
S&P BSE 500 TRI 9.24 22.86 0.20 0.24 -- --
Equity: Flexi Cap 8.22 22.37 0.16 0.19 0.95 -0.77
Rank within category 29 29 29 29 29 29
Number of funds in category 30 30 30 30 30 30

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

As on 31-Jan-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 71
Top 10 Stocks (%) 43.91
Top 5 Stocks (%) 28.13
Top 3 Sectors (%) 51.39
Portfolio P/B Ratio 3.24
Portfolio P/E Ratio 27.83

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,22,038 1,22,998
Giant (%) 56.20 54.25
Large (%) 13.32 15.49
Mid (%) 21.58 22.22
Small (%) 8.91 8.37
Tiny (%) -- 0.17

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 HDFC Bank Financial 27.56 10.75 6.74 6.75
down Reliance Industries Energy 33.35 8.28 2.47 6.46
up Infosys Technology 28.69 6.68 3.56 5.98
down ICICI Bank Financial 28.01 7.83 3.17 4.74
equal HDFC Financial 26.15 4.77 2.49 4.20
down Tata Consultancy Services Technology 34.79 4.50 0.00 4.19
up Larsen & Toubro Construction 17.63 5.29 3.00 3.22
equal Hindustan Unilever FMCG 68.40 4.01 0.00 2.98
up Bharti Airtel Communication -- 4.38 0.00 2.79
up Axis Bank Financial 74.19 5.97 0.00 2.60
down State Bank of India Financial 15.02 6.67 0.37 1.82
equal HCL Technologies Technology 18.68 1.91 0.00 1.54
up Sun Pharmaceutical Inds. Healthcare 59.28 4.51 0.72 1.48
equal Bharat Electronics Engineering 18.81 1.43 0.00 1.43
up JK Lakshmi Cement Construction 12.47 1.43 0.00 1.43
up ICICI Lombard General Insurance Company Financial 45.79 1.40 0.00 1.40
up Kotak Mahindra Bank Financial 37.95 3.34 0.00 1.35
up Oberoi Realty Construction 28.21 1.29 0.00 1.29
equal Hindalco Inds. Metals 34.38 1.47 0.00 1.27
up DCB Bank Financial 11.08 1.31 0.00 1.24
down L&T Technology Services Engineering 40.02 1.28 0.00 1.23
equal Maruti Suzuki India Automobile 46.43 3.27 0.00 1.21
up Minda Industries Automobile 196.51 1.19 0.00 1.19
up Fortis Healthcare (India) Healthcare -- 1.54 0.00 1.18
up United Spirits FMCG 166.48 1.14 0.00 1.14

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 31-Jan-2021

Fund Manager

— Prashant R Pimple since 01-Feb-2020

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:

— Sanjay Doshi since 01-Jul-2020

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:


-2.78%

Change from previous, NAV as on 26-Feb-2021

Growth: ₹ 14.2399

Dividend: ₹ 12.8903

Bonus: ₹ 14.2399


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: 6.02%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,783 Cr (As on 31-Jan-2021)
Expense: 2.20% (As on 31-Jan-2021)
Risk Grade: Above Average
Return Grade: Low
Turnover: 102.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend14-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

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