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Nippon India Retirement Fund - Wealth Creation Scheme


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 1.29 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.09 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 32.10 0.35 1.67 7.32 13.77 21.13 56.12 8.79 10.53 -- --
S&P BSE 500 TRI 32.51 0.54 1.80 7.35 12.08 21.47 58.75 17.03 16.60 -- --
Equity: Flexi Cap 31.75 0.46 1.71 6.57 12.73 21.33 55.30 16.53 15.10 -- --
Rank within category 31 44 36 13 21 31 33 41 33 -- --
Number of funds in category 56 64 64 61 60 59 54 41 35 30 25

As on 16-Sep-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 56.12 8.79 10.53 2.10 2,299
Kotak Flexicap Fund Regular Plan  | Invest Online
4 star
Sep-09 50.32 15.53 15.10 1.59 38,626
UTI Flexi Cap Fund - Regular Plan  | Invest Online
5 star
May-92 66.90 21.78 19.11 2.01 22,592
Axis Focused 25 Fund
4 star
Jun-12 58.57 18.20 19.01 1.92 19,736
SBI Focused Equity Fund  | Invest Online
4 star
Oct-04 61.54 20.19 17.80 1.81 19,429

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 10.34 25.32 0.25 0.26 1.10 -7.51
S&P BSE 500 TRI 16.64 22.81 0.55 0.63 -- --
Equity: Flexi Cap 16.02 22.18 0.54 0.60 0.94 0.11
Rank within category 40 39 40 40 40 41
Number of funds in category 41 41 41 41 41 41

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

As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 62
Top 10 Stocks (%) 41.67
Top 5 Stocks (%) 25.92
Top 3 Sectors (%) 48.79
Portfolio P/B Ratio 3.71
Portfolio P/E Ratio 28.66

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,51,660 1,51,964
Giant (%) 56.16 52.49
Large (%) 17.15 18.76
Mid (%) 17.57 22.32
Small (%) 9.11 6.97
Tiny (%) -- 0.23

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 26.30 10.68 5.59 6.19
equal Reliance Industries Energy 34.09 8.28 3.31 5.89
equal ICICI Bank Financial 25.18 7.83 3.30 5.01
down Infosys Technology 35.24 6.68 3.56 4.83
equal Larsen & Toubro Construction 19.41 5.29 3.00 4.00
down Tata Consultancy Services Technology 41.93 4.50 0.00 3.83
down HDFC Financial 25.21 4.65 2.49 3.65
up Hindustan Unilever FMCG 79.34 4.01 0.00 3.14
up HCL Technologies Technology 30.01 2.73 0.00 2.73
equal Axis Bank Financial 29.11 5.97 0.24 2.40
up State Bank of India Financial 16.55 6.67 0.37 2.22
down Bharti Airtel Communication 348.08 4.38 0.00 2.17
equal SBI Cards & Payments Services Financial 113.28 1.98 0.00 1.98
up Dixon Technologies Engineering 141.32 1.96 0.00 1.96
equal Sun Pharmaceutical Industries Healthcare 31.21 4.51 0.72 1.73
up DCB Bank Financial 10.05 1.97 0.00 1.72
down JK Lakshmi Cement Construction 17.13 2.18 0.00 1.70
up NTPC Energy 9.02 1.51 0.00 1.51
down Fortis Healthcare Healthcare -- 1.62 0.00 1.45
down ICICI Lombard General Insurance Company Insurance 64.65 1.64 0.00 1.39
down Oberoi Realty Construction 35.38 1.64 0.00 1.38
equal Ultratech Cement Construction 35.63 1.68 0.00 1.36
down Bharat Electronics Engineering 24.19 1.70 0.56 1.34
up Rites Construction 15.37 2.19 0.00 1.26
down HDFC Life Insurance Insurance 129.41 2.02 0.00 1.25

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-Aug-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:


0.35%

Change from previous, NAV as on 16-Sep-2021

Growth: ₹ 17.8477

IDCW: ₹ 16.1563

Bonus: ₹ 17.8477


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: 9.17%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,299 Cr (As on 31-Aug-2021)
Expense: 2.10% (As on 31-Jul-2021)
Risk Grade: High
Return Grade: Low
Turnover: 68.00%

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

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