PS
Pranay SinhaFund Manager Since 31 Mar 2021
AllocationRetirement
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth
3Y Annualised
22.83%
1.20% 1D
Fund Performance
Fund Multiplier
Fund Info
Peer Comparison
Fund Managers
AMC Details
Performance
1M Returns
6.07%
1.20% 1D
Benchmark
HDFC NIFTY 500 Index Fund
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
This Fund
3 years 4 months
NIFTY 50
4 years 3 months
FD
9 years 7 months
Fund info
Fund size
₹3118.53 Cr
Min. SIP amount
₹500
Min. Lumpsum amount
₹500
Exit load
0%
Nil
Risk Profile
Very High Risk
Peer Comparison
This Fund's Performance Compared With Peers
Over the Period of oneMonth
1st
ICICI Prudential Retirement Fund Pure Equity Plan Direct Payout of Income Dist cum Cap Wdrl
8.82%
2nd
ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth
8.81%
3rd
ICICI Prudential Retirement Fund Pure Equity Plan Regular Payout of Income Dist cum Cap Wdrl
8.73%
4th
ICICI Prudential Retirement Fund Pure Equity Plan Regular Growth
8.73%
5th
Aditya Birla Sun Life Retirement Fund - The 30s Pln Direct Growth
8.22%
35th
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth
6.07%
Fund Managers
SD
Sanjay DoshiFund Manager Since 1 Jul 2020
KD
Kinjal DesaiFund Manager Since 25 May 2018
About Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth is a Allocation mutual fund scheme from Nippon Life India Asset Management Ltd. This fund has been in existence for 10 years, having been launched on 2015-02-11. Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth has ₹3118.53 Cr worth of assets under management (AUM) as of Sat May 17 2025. The latest Net Asset Value (NAV) of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth as of Fri May 16 2025 is ₹31.8905. The fund has an expense ratio of 1.03%, which is medium comparable to most other Allocation funds.
Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth returns for the last 1 year are 11.29%. Since launch, it has delivered 11.91% average annual returns.
The Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth has the majority of its money invested in Financial Services, Energy, Technology, Industrials, Communication Services, Utilities sectors.
Top 5 Holdings of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth.
- ICICI Bank Ltd: 9.15%
- HDFC Bank Ltd: 7.41%
- Reliance Industries Ltd: 4.84%
- Infosys Ltd: 3.85%
- State Bank of India: 3.41%
AMC Information
| Name | Nippon Life India Asset Management Ltd |
|---|---|
| Founding Date | 2015-02-11 |
| customercare@nipponindiaim.in | |
| Phone | 022-6808 7000/18602660111 |
| Website | https://mf.nipponindiaim.com/ |
| Address | Nippon Life India Asset Management Limited,4th Floor, Tower A, Peninsula Business Park,,Ganapatrao Kadam Marg,,Lower Parel (W) |
Tax Implications of Nippon India Retirement Fund - Wealth Creation Scheme - Direct Growth
| Short Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
|---|---|
| Long Term Gains | Income tax rate applicable to the Unitholders as per their income slabs. |
Similar Funds from Nippon Life India Asset Management Ltd
Nippon India Equity Hybrid Fund - Direct Plan - Growth Option
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expense ratio
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Nippon India ELSS Tax Saver Fund Direct Plan - Growth Option
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expense ratio
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Nippon India Equity Savings Direct Growth
AllocationEquity Savings
3Y CAGR
10.56%
expense ratio
0.72%
fund size
₹702.46 Cr
Nippon India Equity Savings Growth
AllocationEquity Savings
3Y CAGR
9.55%
expense ratio
1.75%
fund size
₹702.46 Cr
FAQs
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