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 | ₹26.56 (as of 2026-10-22) |
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| AUM | ₹2,939 Cr |
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| Expense ratio | 1.68% |
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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 | 0.25 |
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| Standard deviation | 15.40% |
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| Max drawdown | −46.01% |
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| Alpha | -0.47 |
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| Beta | 0.97 |
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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 | 62.2% |
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| Mid cap | 26.3% |
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| Small cap | 11.5% |
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Concentration
| Top 5 holdings | 26.6% |
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| Top 10 holdings | 40.3% |
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| Total holdings | 71 |
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Top holdings
- HDFC Bank Ltd. — 7.7%
- ICICI Bank Ltd. — 6.9%
- AXIS Bank Ltd. — 4.2%
- Reliance Industries Ltd — 4.1%
- Infosys Ltd — 3.7%
- Mahindra & Mahindra Ltd. — 3.3%
- JSW Energy Limited — 3.0%
- State Bank Of India — 2.9%
- Alkem Laboratories Limited — 2.3%
- Hindustan Aeronautics Limited — 2.1%
Top sectors
- Banking & Financial — 23.9%
- Energy — 8.8%
- Automobile — 7.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −8.2% | 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 |