Nippon India Retirement Fund Wealth Creation Scheme
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.
Growthvine rating: 3/5 — ranked #5 of 10 in category.
Fund basics
| Category | Solution: Retirement Equity |
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| NAV | ₹27.09 (as of 2026-10-01) |
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| AUM | ₹3,127 Cr |
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| Expense ratio | 1.67% |
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| Riskometer | Very High |
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| Fund manager | Pranay Sinha |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 8.80% |
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| Sharpe ratio | 0.43 |
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| Standard deviation | 14.90% |
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| Max drawdown | −46.01% |
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| Alpha | 0.15 |
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| Beta | 0.96 |
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Over 5 years, captured 98.3% of Nifty 500's upside and 98.6% of its downside.
Market cap allocation
| Large cap | 64.5% |
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| Mid cap | 23.4% |
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| Small cap | 12.2% |
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Concentration
| Top 5 holdings | 27.1% |
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| Top 10 holdings | 40.9% |
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| Total holdings | 70 |
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Top holdings
- ICICI Bank Ltd. — 7.5%
- HDFC Bank Ltd. — 7.3%
- Reliance Industries Ltd — 4.2%
- AXIS Bank Ltd. — 4.2%
- Infosys Ltd — 4.0%
- Mahindra & Mahindra Ltd. — 3.4%
- State Bank Of India — 3.0%
- JSW Energy Limited — 3.0%
- Alkem Laboratories Limited — 2.2%
- Hindustan Aeronautics Limited — 2.1%
Top sectors
- Banking & Financial — 24.3%
- Automobile — 6.7%
- Software & Services — 5.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.4% | Q4 (Bottom) | #9 of 10 |
| 2025 | 1.0% | Q4 (Bottom) | #9 of 10 |
| 2024 | 20.5% | Q2 | #3 of 8 |
| 2023 | 31.1% | Q2 | #3 of 8 |
| 2022 | 1.6% | Q2 | #4 of 7 |