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Nippon India Retirement Fund - Wealth Creation Scheme


Equity: Multi Cap

1 Lakh

Investment declined to
₹ 0.87 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.06 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than 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 upon where it expects maximum gains. This versatility makes multi cap funds most suitable for equity fund investors as the job of stock selection is completely left to the fund manager, which is the very idea of investing in a mutual fund.

Like 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 -19.99 0.71 1.96 7.34 18.25 -20.56 -19.91 -4.38 1.18 -- --
S&P BSE 500 TRI -9.65 0.85 2.44 7.63 19.31 -10.29 -4.91 2.81 6.47 -- --
Equity: Multi Cap -9.63 0.74 2.13 6.38 15.75 -10.18 -4.50 1.61 5.40 -- --
Rank within category 58 35 39 17 12 58 53 40 37 -- --
Number of funds in category 59 61 61 60 60 59 54 41 39 33 29

As on 09-Jul-2020

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 -19.91 -4.38 1.18 2.32 1,263
Kotak Standard Multicap Fund Regular Plan  | Invest Online
4 star
Sep-09 -6.14 2.77 7.74 1.64 27,976
Axis Focused 25 Fund  | Invest Online
5 star
Jun-12 1.04 6.53 9.27 1.92 10,399
UTI Equity Fund - Regular Plan  | Invest Online
4 star
May-92 3.58 6.07 6.97 1.85 9,057
SBI Focused Equity Fund  | Invest Online
5 star
Oct-04 -0.90 7.01 9.39 1.99 8,012

Best & Worst Performance

Best (Period) Worst (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 -2.20 23.99 -0.31 -0.30 1.09 -6.38
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: Multi Cap 3.15 21.19 -0.10 -0.11 0.95 -1.19
Rank within category 42 40 41 41 41 41
Number of funds in category 43 43 43 43 43 43

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 52
Top 10 Stocks (%) 54.18
Top 5 Stocks (%) 33.28
Top 3 Sectors (%) 56.09
Portfolio P/B Ratio 1.73
Portfolio P/E Ratio 14.73

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,03,275 92,596
Giant (%) 67.61 54.17
Large (%) 12.31 16.20
Mid (%) 10.49 21.63
Small (%) 8.76 8.65
Tiny (%) 0.83 0.28

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 22.68 10.75 9.05 9.39
equal ICICI Bank Financial 25.08 7.83 3.17 6.73
equal Infosys Technology 20.06 6.68 3.56 6.57
up Reliance Industries Energy 31.35 7.69 2.44 5.30
up Larsen & Toubro Construction 13.89 5.29 2.82 5.29
equal Sun Pharmaceutical Inds. Healthcare 30.72 4.51 0.71 4.51
equal Bharti Airtel Communication -- 4.38 0.00 4.38
equal ITC FMCG 15.70 4.21 1.72 4.06
up Hindustan Unilever FMCG 75.69 4.01 0.00 4.01
equal HDFC Financial 15.72 4.77 2.49 3.94
equal Grasim Industries Construction 9.17 7.88 3.04 3.61
equal Axis Bank Financial 69.10 5.97 0.00 2.74
equal Adani Ports and Special Economic Zone Services 18.52 2.67 0.00 2.67
equal Coal India Energy 4.81 2.49 0.00 2.24
equal ACC Construction 18.35 2.01 0.00 2.01
equal State Bank of India Financial 8.99 6.67 0.37 1.83
equal Rites Construction 10.49 2.19 0.00 1.80
down Maruti Suzuki India Automobile 31.95 4.10 0.00 1.77
equal HPCL Energy 11.86 1.71 0.00 1.54
equal Cipla Healthcare 33.30 1.54 0.00 1.54
equal Welspun Corp Metals 3.63 3.30 0.00 1.35
equal TV18 Broadcast Services 24.01 2.02 0.47 1.31
up Indusind Bank Financial 8.66 4.34 0.00 1.25
equal Bandhan Bank Financial 20.30 1.38 0.00 1.17
up HCL Technologies Technology 14.44 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-May-2020

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:


0.71%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 10.7452

Dividend: ₹ 9.7268

Bonus: ₹ 10.7452


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
Exit Load 0

Basic Details

Fund House: Nippon India Mutual Fund
Launch Date: 11-Feb-2015
Return Since Launch: 1.34%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,263 Cr (As on 31-May-2020)
Expense: 2.32% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Low
Turnover: 90.00%

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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