Nippon India Retirement Fund - Wealth Creation Scheme - Growth has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 45.41 | 20 | 13.07 | 10.76 |
Average Rolling Returns(%) | 12.64 | 9.48 | 7.42 | N/A |
The Current NAV of Nippon India Retirement Fund - Wealth Creation Scheme - Growth is ₹25.76.
It is better to invest in a fund with a longer track record as Nippon India Retirement Fund - Wealth Creation Scheme - Growth cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark S&P BSE 500 - TRI returns, as Funds portfolio is significantly different.
Nippon India Retirement Fund - Wealth Creation Scheme - Growth fund’s expense ratio is 1.95%
The process for redemption is
The AUM of Nippon India Retirement Fund - Wealth Creation Scheme - Growth is currently ₹3,004 Crores.
The Top three stocks are Reliance Industries, ICICI Bank and HDFC Bank and account for 21% of its portfolio. Top 5 and 10 stocks of fund account for 29% and 43% of fund’s portfolio respectively.
Top three sectors of Nippon India Retirement Fund - Wealth Creation Scheme - Growth fund are BFSI, Construction & Infrastructure and IT accounting for 47% 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 - Wealth Creation Scheme - Growth Fund is Solution Oriented - Retirement Fund.
Pranay Sinha and Ashutosh Bhargava manage the Nippon India Retirement Fund - Wealth Creation Scheme - Growth Fund.
Nippon India Retirement Fund - Wealth Creation Scheme - Growth current PE ratio is 0.00 and PB ratio is 0.00
The asset allocation of Nippon India Retirement Fund - Wealth Creation Scheme - Growth is Stocks : 97.32%, Debt : 2.65% and Gold : 0%
The minimum SIP amount for Nippon India Retirement Fund - Wealth Creation Scheme - Growth is ₹500.00 and minimum lumpsum is ₹500.00
The exit load for Nippon India Retirement Fund - Wealth Creation Scheme - Growth is Nil