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NAV as of ( Sep 09, 2022 )
₹ 19.88 0.21 % 1-D Change
Returns
9.42% p.a.
You get upto 0.86% extra returns
ET Money Rank
31
Out of 33
Very Poor
Generated returns consistently
1/5
Increased returns for each unit of additional risk
1/5
Very Poor
Controlled losses during market corrections
1/5
Delivered returns without frequent ups and downs
1/5
Fresh Investments closed in this fund!
This fund is no longer available to invest
ET Money Rank | 31 Out of 33 |
VRO Rating | |
Expense ratio | 1.22% As on Jul 31, 2022 |
Exit Load | 0% |
AUM (Fund Size) | ₹ 2,378 Crs |
Lock-in | 5 Years |
Age | 7 yrs 7 m Since Jan 22, 2015 |
Benchmark | S&P BSE 500 TRI |
Min. Investment |
SIP ₹ 500 & Lumpsum ₹ 5000 |
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Total value | Profit |
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This fund
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Category Average
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Bank FD
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Gold
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Large Cap 66.05%
Mid Cap 17.48%
Small Cap 13.33%
Other Cap 0%
Financial 28.03%
Construction 10.89%
Energy 10.44%
Technology 9.35%
Others 0.02%
Bifurcation by Credit Quality is not available for this fund
Repo 2.82%
Net Current Assets 0.3%
Margin Money 0.02%
Others 2.82%
Know in detail about the portfolio of this fund See detailed Portfolio Analysis
Fund name | Annual Return % | Consistency | Value Research Rating |
---|---|---|---|
Quant Active Fund | 22.83% | ||
Parag Parikh Flexi Cap Fund | 18.55% | ||
PGIM India Flexi Cap Fund | 16.92% | ||
UTI Flexi Cap Fund | 15.45% | ||
HDFC Retirement Savings Fund - Equity Plan | 15.31% | ||
Canara Robeco Flexi Cap Fund | 14.84% | ||
HDFC Flexi Cap Fund | 13.88% | ||
Tata Retirement Savings Progressive | 10.47% | ||
Franklin India Flexi Cap Fund | 13.03% | ||
Sundaram Multi Cap Fund | 13.56% | ||
Nippon India Retirement Fund - Wealth Creation Scheme | 7.65% |
Period | Trailing returns | Category average | Rank within category |
---|---|---|---|
1 month | 2.89% | 2.62% | 15 / 52 |
3 months | 16.31% | 16.03% | 21 / 51 |
6 months | 9.08% | 8.7% | 19 / 51 |
1 year | 4.36% | 5.11% | 24 / 43 |
3 years | 14.85% | 21.02% | 30 / 32 |
5 years | 7.65% | 12.99% | 23 / 24 |
Know in detail about the returns of this fund See detailed Return Analysis
Level of Risk in the Scheme
Investors understand that their principal will be at Very High risk
EQUITY MULTI CAP
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.
Sanjay Doshi
ACA, MBA (Finance), Cleared CFA Level III
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).
Pranay Sinha
Mr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.
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).
TOTAL AUM:
₹2,81,440 Crs
As on Jun 30, 2022
The Nippon India Retirement Fund - Wealth Creation Scheme is a 7 yrs 7 m old fund and has delivered average annual returns of 9.42% since inception.
1-Year | 3-Year | 5-Year | Since Inception |
---|---|---|---|
4.36% | 14.85% | 7.65% | 9.42% |
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Nippon India Retirement Fund - Wealth Creation Scheme for Sep 09, 2022 is 19.88 .
Nippon India Retirement Fund - Wealth Creation Scheme has an ET Money Rank of # 31 of 33 and a consistency rating of 1 .
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in Nippon India Retirement Fund - Wealth Creation Scheme is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Nippon India Retirement Fund - Wealth Creation Scheme is 1.22%. .
Redeeming your investments in Nippon India Retirement Fund - Wealth Creation Scheme is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Nippon India Retirement Fund - Wealth Creation Scheme from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Nippon India Retirement Fund - Wealth Creation Scheme is ₹2,378 Crs.
The Nippon India Retirement Fund - Wealth Creation Scheme has invested the majority of its money in the stocks of the following companies -
Company | Percentage of Portfolio |
---|---|
Reliance Industries Ltd. | 7.1% |
HDFC Bank Ltd. | 6.72% |
ICICI Bank Ltd. | 6.62% |
Larsen & Toubro Ltd. | 4.85% |
Infosys Ltd. | 4.14% |
Tata Consultancy Services Ltd. | 3.65% |
Rites Ltd. | 3.25% |
State Bank of India | 3.02% |
Housing Development Finance Corpn. Ltd. | 2.47% |
JK Lakshmi Cement Ltd. | 1.96% |
The Nippon India Retirement Fund - Wealth Creation Scheme has primarily invested in the following sectors
Sector | Percentage of Portfolio |
---|---|
Financial | 28.03% |
Construction | 10.89% |
Energy | 10.44% |
Technology | 9.35% |
Automobile | 6.92% |
Services | 5.46% |
Healthcare | 5.31% |
Consumer Staples | 4.42% |
Capital Goods | 3.63% |
Consumer Discretionary | 3.19% |