Nippon India Retirement Fund - Income Generation Scheme - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 14.52 | 7.08 | 7.61 | 7 |
Average Rolling Returns(%) | 7.48 | 6.63 | 6.76 | N/A |
The Current NAV of Nippon India Retirement Fund - Income Generation Scheme - Growth is ₹18.18.
It is better to invest in a fund with a longer track record as Nippon India Retirement Fund - Income Generation Scheme - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark CRISIL Hybrid 85+15 - Conservative Index returns, as Funds portfolio is significantly different.
Nippon India Retirement Fund - Income Generation Scheme - Growth fund’s expense ratio is 2.14%
The process for redemption is
The AUM of Nippon India Retirement Fund - Income Generation Scheme - Growth is currently ₹167 Crores.
The Top three stocks are Reliance Industries, ICICI Bank and HDFC Bank and account for 5% of its portfolio. Top 5 and 10 stocks of fund account for 7% and 11% of fund’s portfolio respectively.
Top three sectors of Nippon India Retirement Fund - Income Generation Scheme - Growth fund are Others, BFSI and Miscellaneous accounting for 87% of the total portfolio.
Since this is a Solution Oriented - Retirement Fund it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of Nippon India Retirement Fund - Income Generation Scheme - Growth Fund is Solution Oriented - Retirement Fund.
Pranay Sinha and Ashutosh Bhargava manage the Nippon India Retirement Fund - Income Generation Scheme - Growth Fund.
Nippon India Retirement Fund - Income Generation Scheme - Growth current PE ratio is 0.00 and PB ratio is 0.00
The asset allocation of Nippon India Retirement Fund - Income Generation Scheme - Growth is Stocks : 19.64%, Debt : 80.36% and Gold : 0%
The minimum SIP amount for Nippon India Retirement Fund - Income Generation Scheme - Growth is ₹500.00 and minimum lumpsum is ₹500.00
The exit load for Nippon India Retirement Fund - Income Generation Scheme - Growth is NIL