Nippon India Retirement Fund Income Generation Scheme Direct Growth
Hybrid
Direct
Retirement
NAV as on 12-03-2025
₹ 21.91
▲0.1%
1D
Inception Returns
8.1%
/yr
About Nippon India Retirement Fund Income Generation Scheme Direct Growth
Nippon India Retirement Fund Income Generation Scheme Direct Growth is a hybrid fund. This fund was started on 11 February, 2015. The fund is managed by Kinjal Desai, Pranay Sinha, Ashutosh Bhargava. This fund gives you the benefit of diversification.
Key Parameters
- Nippon India Retirement Fund Income Generation Scheme Direct Growth has ₹150 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 1.
Returns
Nippon India Retirement Fund Income Generation Scheme Direct Growth has given a CAGR return of 8.09% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.28%, 8.98% and 8.06% respectively.
Holdings
Nippon India Retirement Fund Income Generation Scheme Direct Growth has allocated its funds majorly in Government, Financial Services, Tech, Consumer Cyclical, Industrial, Energy, Consumer Defensive, Utilities, Cash Equivalent, Basic Materials, Health.
Taxation
As it is a retirement mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Nippon India Retirement Fund Income Generation Scheme Direct Growth
The investment objective of the scheme is 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. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Nippon India Retirement Fund Income Generation Scheme Direct Growth of 5 Years
Historical NAV & Returns
Nippon India Retirement Fund Income Generation Scheme Direct Growth Overview
| Expense ratio | 0.97% |
Benchmark | CRISIL Hybrid 85+15 - ConservativeTR INR |
| AUM | ₹150 Cr |
| Inception Date | 11 February, 2015 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 5 Years |
TurnOver | 17.98% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (12-Mar-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 153.2 Cr as of Jan'25
- AUM decreased by 2.5 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Government, Financial Services & Tech
Mutual Fund Insights
Nippon India Retirement Fund Income Generation Scheme Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹150 Cr
Expense Ratio 0.97%
Frequently Asked Questions for Nippon India Retirement Fund Income Generation Scheme Direct Growth
Nippon India Retirement Fund Income Generation Scheme Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.46% | -0.46% |
6 Month Returns | -0.62% | -0.62% |
1 Year Returns | 6.28% | 6.28% |
3 Years Returns | 29.42% | 8.98% |
5 Years Returns | 47.35% | 8.06% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |