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3 star

Nippon India Retirement Fund - Income Generation Scheme


Hybrid: Conservative Hybrid

1 Lakh

Investment Grown to
₹ 1.18 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.04 Lakh

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, 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% of the value of your investment every year.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, 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 4.77 0.28 0.91 2.71 8.22 4.50 4.28 5.59 7.22 -- --
VR MIP TRI -0.05 0.30 0.95 2.79 7.54 -0.34 3.19 6.45 7.26 -- --
Hybrid: Conservative Hybrid -0.32 0.25 0.97 2.87 6.25 -0.71 2.64 3.66 6.00 -- --
Rank within category 5 10 18 20 11 4 22 8 7 -- --
Number of funds in category 38 38 38 38 38 38 37 35 32 30 27

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 - Income Generation Scheme  | Invest Online
3 star
Feb-15 4.28 5.59 7.22 2.19 249
ICICI Prudential Regular Savings Fund  | Invest Now
5 star
Mar-04 6.94 6.70 8.70 1.95 1,544
HDFC Hybrid Debt Fund  | Invest Online
2 star
Dec-03 1.88 3.02 6.38 1.86 2,344
UTI Regular Savings Fund - Regular Plan  | Invest Online
2 star
Dec-03 0.19 2.82 5.56 1.78 1,658
Aditya Birla Sun Life Regular Savings Fund  | Invest Online
2 star
May-04 -1.32 1.31 5.75 1.97 1,203

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 5.14 5.48 -0.03 -0.05 0.52 -0.57
VR MIP TRI 6.06 6.50 0.12 0.13 -- --
Hybrid: Conservative Hybrid 3.54 7.02 -0.20 -0.16 0.84 -2.40
Rank within category 11 15 10 13 5 9
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-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 32
Number of Bonds 9
Average Maturity (yrs) 21.64
Top 10 Holdings (%) 88.27
Portfolio P/B Ratio 1.44
Portfolio P/E Ratio 14.22

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
down 7.06% GOI 2046 Central Government Loan SOV 2.01 - 41.84 40.35
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 14.16 12.83
equal 7.62% GOI 15/09/2039 GOI Securities SOV 10.29 - 11.25 11.25
equal 8.13% GOI 22/06/2045 GOI Securities SOV 5.83 - 8.61 8.58
equal 8.17% GOI 2044 Central Government Loan SOV 7.75 - 41.40 7.80
equal 7.72% GOI 15/06/2049 GOI Securities SOV 1.68 - 1.83 1.83
equal 8.83% GOI 2041 Central Government Loan SOV 1.39 - 1.51 1.51
equal 8.30% GOI 31/12/2042 Central Government Loan SOV 0.94 - 1.02 1.02

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
equal HDFC Bank Financial 22.68 2.73 1.86 2.03
equal Infosys Technology 20.06 1.33 0.96 1.07
equal ICICI Bank Financial 25.08 1.28 0.79 0.81
equal HDFC Financial 15.72 0.95 0.25 0.67
equal Grasim Industries Construction 9.17 1.69 0.53 0.65
up Reliance Industries Energy 31.35 0.65 0.40 0.63
equal Kotak Mahindra Bank Financial 31.51 0.67 0.48 0.49
equal Larsen & Toubro Construction 13.89 0.84 0.41 0.47
equal Aurobindo Pharma Healthcare 16.82 0.57 0.25 0.45
equal State Bank of India Financial 8.99 0.93 0.41 0.41
equal ITC FMCG 15.70 0.89 0.35 0.40
equal GE Power India Construction 40.66 1.11 0.38 0.38
equal Indusind Bank Financial 8.66 1.02 0.00 0.26
equal Indian Oil Corp. Energy -- 1.01 0.24 0.24
equal JSW Steel Metals 11.84 0.59 0.19 0.24
equal Axis Bank Financial 69.10 0.49 0.23 0.23
equal Tata Steel Metals 26.64 0.70 0.21 0.23
equal Cipla Healthcare 33.30 0.26 0.13 0.22
equal Sun Pharmaceutical Inds. Healthcare 30.72 0.34 0.16 0.21
equal Vedanta Metals -- 0.66 0.12 0.17
equal TV18 Broadcast Services 24.01 0.52 0.10 0.14
equal IDFC Financial -- 0.46 0.09 0.09
equal Sundaram-Clayton Automobile 10.05 0.67 0.08 0.08
equal Siemens Engineering 39.75 0.13 0.08 0.08
equal UFO Moviez Services 5.61 0.70 0.07 0.07

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:


0.28%

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

Growth: ₹ 14.2252

Dividend: ₹ 14.2272

Bonus: ₹ 14.2254


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: 6.73%
Benchmark: CRISIL Long Term Debt (80), S&P BSE 500 TRI (20)
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 249 Cr (As on 31-May-2020)
Expense: 2.19% (As on 31-May-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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