VR Logo

1 star

Nippon India Retirement Fund - Wealth Creation Scheme - Direct Plan


Equity: Flexi Cap

1 Lakh

Investment Grown to
₹ 1.42 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.21 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 33.65 -0.15 1.27 7.80 14.65 26.02 70.13 12.27 11.74 -- --
S&P BSE 500 TRI 33.27 -0.10 1.09 8.02 13.05 25.25 71.90 19.57 16.51 -- --
Equity: Flexi Cap 33.12 -0.11 0.78 7.30 13.29 25.68 68.83 20.08 16.02 -- --
Rank within category 29 35 11 24 18 31 30 39 32 -- --
Number of funds in category 55 63 63 61 59 58 53 40 35 30 1

As on 24-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 - Direct Plan  | Invest Online
1 star
Feb-15 70.13 12.27 11.74 1.13 2,299
Kotak Flexicap Fund - Direct Plan  | Invest Online
4 star
Jan-13 61.65 18.56 15.88 0.66 38,626
UTI Flexi Cap Fund - Direct Plan  | Invest Online
4 star
Jan-13 83.12 25.93 19.94 1.09 22,592
Axis Focused 25 Fund - Direct Plan
4 star
Jan-13 75.51 22.87 20.75 0.60 19,736
SBI Focused Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 77.68 23.90 18.89 0.71 19,429

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.50 26-May-2020 - 02-Jun-2020 -19.09 16-Mar-2020 - 23-Mar-2020
Month 19.03 23-Mar-2020 - 22-Apr-2020 -41.23 20-Feb-2020 - 23-Mar-2020
Quarter 33.67 24-Mar-2020 - 23-Jun-2020 -41.52 23-Dec-2019 - 23-Mar-2020
Year 88.98 23-Mar-2020 - 23-Mar-2021 -40.91 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 11.36 25.35 0.29 0.30 1.10 -6.50
S&P BSE 500 TRI 16.64 22.81 0.55 0.63 -- --
Equity: Flexi Cap 17.03 22.18 0.59 0.65 0.94 1.12
Rank within category 39 38 39 39 39 40
Number of funds in category 40 40 40 40 40 40

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

As on 31-Aug-2021

Asset Allocation (%)

ajax-loader
Please wait...

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

ajax-loader
Please wait...

Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up HDFC Bank Financial 27.01 10.68 5.59 6.19
equal Reliance Industries Energy 34.86 8.28 3.31 5.89
equal ICICI Bank Financial 25.04 7.83 3.30 5.01
down Infosys Technology 36.51 6.68 3.56 4.83
equal Larsen & Toubro Construction 19.94 5.29 3.00 4.00
down Tata Consultancy Services Technology 41.59 4.50 0.00 3.83
down HDFC Financial 25.45 4.65 2.49 3.65
up Hindustan Unilever FMCG 78.62 4.01 0.00 3.14
up HCL Technologies Technology 32.26 2.73 0.00 2.73
equal Axis Bank Financial 28.96 5.97 0.24 2.40
up State Bank of India Financial 15.73 6.67 0.37 2.22
down Bharti Airtel Communication 358.28 4.38 0.00 2.17
equal SBI Cards & Payments Services Financial 106.17 1.98 0.00 1.98
up Dixon Technologies Engineering 145.55 1.96 0.00 1.96
equal Sun Pharmaceutical Industries Healthcare 30.76 4.51 0.72 1.73
up DCB Bank Financial 9.77 1.97 0.00 1.72
down JK Lakshmi Cement Construction 15.47 2.18 0.00 1.70
up NTPC Energy 9.05 1.51 0.00 1.51
down Fortis Healthcare Healthcare -- 1.62 0.00 1.45
down ICICI Lombard General Insurance Company Insurance 63.51 1.64 0.00 1.39
down Oberoi Realty Construction 42.82 1.64 0.00 1.38
equal Ultratech Cement Construction 34.50 1.68 0.00 1.36
down Bharat Electronics Engineering 24.21 1.70 0.56 1.34
up Rites Construction 15.01 2.19 0.00 1.26
down HDFC Life Insurance Insurance 124.47 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:


-0.15%

Change from previous, NAV as on 24-Sep-2021

Growth: ₹ 19.4497

IDCW: ₹ 17.7179

Bonus: ₹ 19.4497


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: 10.57%
Benchmark: S&P BSE 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 2,299 Cr (As on 31-Aug-2021)
Expense: 1.13% (As on 31-Aug-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

Upcoming Video

Viewpoint

The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM