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3 star

Nippon India Retirement Fund - Income Generation Scheme


1 Lakh

Investment Grown to
₹ 1.17 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.03 Lakh

Suitability:

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • 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 5.51 -0.31 0.07 1.77 -0.40 6.28 7.65 5.39 6.68 -- --
VR MIP TRI 3.35 -0.44 -0.38 2.02 1.74 9.32 5.70 6.52 7.66 -- --
Hybrid: Conservative Hybrid 3.24 -0.25 -0.05 1.62 2.63 9.52 4.83 3.94 6.31 -- --
Rank within category 16 32 11 15 39 32 10 13 14 -- --
Number of funds in category 39 39 39 39 39 39 38 36 33 30 29

As on 28-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 - Income Generation Scheme  | Invest Online
3 star
Feb-15 7.65 5.39 6.68 2.05 250
ICICI Prudential Regular Savings Fund  | Invest Now
5 star
Mar-04 8.65 7.23 8.81 1.91 2,115
HDFC Hybrid Debt Fund  | Invest Online
3 star
Dec-03 4.93 3.29 6.47 1.87 2,331
UTI Regular Savings Fund - Regular Plan  | Invest Online
2 star
Dec-03 4.18 3.50 5.98 1.79 1,638
Aditya Birla Sun Life Regular Savings Fund  | Invest Online
2 star
May-04 1.77 1.62 6.37 2.00 1,169

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.71 (16-Apr-2020 - 23-Apr-2020) -4.06 (16-Mar-2020 - 23-Mar-2020)
Month 4.93 (07-Mar-2018 - 06-Apr-2018) -6.72 (20-Feb-2020 - 23-Mar-2020)
Quarter 9.29 (16-Apr-2019 - 16-Jul-2019) -4.54 (26-Nov-2015 - 25-Feb-2016)
Year 17.24 (16-Jul-2018 - 16-Jul-2019) -4.71 (09-Oct-2017 - 09-Oct-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.03 5.67 -0.01 -0.01 0.53 -0.81
VR MIP TRI 6.50 6.53 0.22 0.25 -- --
Hybrid: Conservative Hybrid 4.11 7.14 -0.08 -0.04 0.85 -2.17
Rank within category 16 15 16 16 5 14
Number of funds in category 36 36 36 36 36 36

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 41
Number of Bonds 10
Average Maturity (yrs) 20.37
Top 10 Holdings (%) 79.66
Portfolio P/B Ratio 2.46
Portfolio P/E Ratio 23.17

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.06% GOI 2046 Central Government Loan SOV 2.01 - 41.84 24.94
equal 7.62% GOI 15/09/2039 GOI Securities SOV 10.29 - 11.52 11.06
equal 5.77% GOI 2030 GOI Securities SOV 0.00 - 9.81 9.81
equal 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 9.80 9.80
equal 8.13% GOI 22/06/2045 GOI Securities SOV 5.83 - 11.36 9.79
equal 8.17% GOI 2044 Central Government Loan SOV 7.56 - 41.40 7.69
equal 7.72% GOI 15/06/2049 GOI Securities SOV 1.68 - 1.89 1.79
equal 8.30% GOI 31/12/2042 Central Government Loan SOV 0.94 - 1.06 1.00
equal 8.83% GOI 2041 Central Government Loan SOV 0.49 - 1.51 0.49

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down HDFC Bank Financial 22.22 2.73 1.72 1.72
equal Reliance Industries Energy 32.30 1.61 0.44 1.61
down Infosys Technology 25.52 1.51 0.96 1.45
equal Tata Consultancy Services Technology 32.19 1.00 0.00 1.00
equal ICICI Bank Financial 27.02 1.28 0.79 0.86
equal Hindustan Unilever FMCG 71.50 0.83 0.00 0.83
equal Ultratech Cement Construction 21.89 0.81 0.00 0.81
equal HDFC Financial 16.02 0.95 0.67 0.70
up Axis Bank Financial 42.99 0.59 0.23 0.59
equal Mahindra & Mahindra Automobile -- 0.53 0.00 0.53
equal Kotak Mahindra Bank Financial 34.58 0.67 0.48 0.51
equal Aurobindo Pharma Healthcare 15.06 0.56 0.25 0.48
equal State Bank of India Financial 7.82 0.93 0.41 0.47
equal Larsen & Toubro Construction 11.64 0.84 0.41 0.45
new Mphasis Technology 20.52 0.44 0.00 0.44
equal GE Power India Construction 22.42 1.11 0.38 0.43
up Minda Industries Automobile -- 0.41 0.00 0.41
equal Oberoi Realty Construction 29.01 0.39 0.00 0.39
equal Mishra Dhatu Nigam Metals 24.20 0.41 0.00 0.39
equal United Breweries FMCG 160.93 0.40 0.00 0.38
equal ITC FMCG 14.06 0.74 0.35 0.35
down PVR Services -- 0.56 0.00 0.34
equal NTPC Energy 14.90 0.38 0.00 0.34
up Bharti Airtel Communication -- 0.34 0.00 0.34
equal Power Grid Corporation Energy 10.57 0.35 0.00 0.32

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:


-0.31%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 14.3263

Dividend: ₹ 14.3283

Bonus: ₹ 14.3265


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: 6.49%
Benchmark: CRISIL Long Term Debt (80), S&P BSE 500 TRI (20)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 250 Cr (As on 30-Sep-2020)
Expense: 2.05% (As on 30-Sep-2020)
Risk Grade: Average
Return Grade: Above Average
Turnover: --

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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