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1 star

Nippon India Retirement Fund - Wealth Creation Scheme


Equity: Multi Cap

1 Lakh

Investment declined to
₹ 0.88 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.34 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 -13.99 0.46 0.10 1.85 6.13 22.29 -10.31 -4.23 2.45 -- --
S&P BSE 500 TRI -0.16 0.25 -0.02 1.74 8.69 28.76 3.99 4.26 8.53 -- --
Equity: Multi Cap -1.81 0.28 0.04 0.77 6.90 22.69 1.87 2.47 7.06 -- --
Rank within category 57 15 32 15 37 33 56 42 38 -- --
Number of funds in category 60 64 64 63 62 61 59 43 40 34 30

As on 20-Oct-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 -10.31 -4.23 2.45 2.35 1,504
Kotak Standard Multicap Fund Regular Plan  | Invest Online
4 star
Sep-09 1.40 4.01 8.95 1.69 29,551
Axis Focused 25 Fund  | Invest Online
5 star
Jun-12 1.29 6.46 11.26 2.02 11,455
UTI Equity Fund - Regular Plan  | Invest Online
4 star
May-92 12.76 8.99 9.31 2.09 11,386
Aditya Birla Sun Life Equity Fund  | Invest Online
4 star
Aug-98 3.19 1.74 8.58 1.83 10,832

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 -1.50 24.05 -0.27 -0.27 1.09 -8.25
S&P BSE 500 TRI 6.61 21.81 0.07 0.08 -- --
Equity: Multi Cap 4.83 21.40 -0.01 -0.01 0.95 -1.69
Rank within category 42 41 42 41 41 42
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-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 69
Top 10 Stocks (%) 44.24
Top 5 Stocks (%) 28.91
Top 3 Sectors (%) 50.90
Portfolio P/B Ratio 2.84
Portfolio P/E Ratio 23.99

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,16,369 99,119
Giant (%) 60.59 50.92
Large (%) 11.94 16.66
Mid (%) 19.05 23.89
Small (%) 8.42 9.05
Tiny (%) -- 0.29

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 Reliance Industries Energy 34.31 8.17 2.44 8.17
down HDFC Bank Financial 22.78 10.75 6.74 6.74
down Infosys Technology 27.12 6.68 3.56 5.70
down HDFC Financial 16.49 4.77 2.49 4.16
down Tata Consultancy Services Technology 33.53 4.14 0.00 4.14
equal Larsen & Toubro Construction 15.37 5.29 2.82 3.60
down ICICI Bank Financial 28.11 7.83 3.17 3.54
equal Hindustan Unilever FMCG 74.51 4.01 0.00 3.38
equal Sun Pharmaceutical Inds. Healthcare 161.67 4.51 0.72 2.43
equal Bharti Airtel Communication -- 4.38 0.00 2.38
equal Kotak Mahindra Bank Financial 31.82 3.34 0.00 1.94
equal State Bank of India Financial 8.39 6.67 0.37 1.73
down ITC FMCG 14.25 4.21 1.71 1.71
down Axis Bank Financial 89.33 5.97 0.00 1.69
equal Ultratech Cement Construction 24.62 1.68 0.00 1.62
down HCL Technologies Technology 19.59 1.62 0.00 1.62
down Maruti Suzuki India Automobile 51.30 3.73 0.00 1.34
up Hero Motocorp Automobile 26.49 1.26 0.00 1.26
equal Mahindra & Mahindra Automobile -- 1.21 0.00 1.21
up Dabur India FMCG 65.56 1.19 0.00 1.19
up Hindalco Inds. Metals 20.35 1.47 0.00 1.17
equal ACC Construction 24.08 2.01 0.00 1.16
down PVR Services -- 1.38 0.00 1.13
down Cipla Healthcare 37.42 1.54 0.00 1.13
up Nestle India FMCG 75.32 1.06 0.00 1.06

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-Sep-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:


0.46%

Change from previous, NAV as on 20-Oct-2020

Growth: ₹ 11.5504

Dividend: ₹ 10.4558

Bonus: ₹ 11.5504


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: 2.56%
Benchmark: S&P BSE 500 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,504 Cr (As on 30-Sep-2020)
Expense: 2.35% (As on 30-Sep-2020)
Risk Grade: Above Average
Return Grade: Low
Turnover: 111.00%

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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