Nippon India Retirement Fund-Wealth Creation Scheme-Growth Plan Growth Option
Nippon India Mutual Fund
₹27.01 (+0.88%)
NAV as of 9 Oct 2026
Minimum Investment: ₹500
Return
-6.70% Returns for 1Y
Expense ratio & Others
- Net expense ratio
- 1.93%
- Exit load
- 0%
- Lock-in
- No
- Minimum investment
- ₹500
- Category
- Retirement
Expense ratio is inclusive of GST. Returns may be taxed based on the fund type and your holding period — please read the scheme-related documents and consult a tax advisor. Figures are historical and do not guarantee future results.
Fund Returns Estimator
One-time investment
₹1,000
6 months
₹990
Invested ₹1,000
▼-1.00%1 year
₹933
Invested ₹1,000
▼-6.70%3 years
₹1,085
Invested ₹1,000
▲+8.45%5 years
₹1,081
Invested ₹1,000
▲+8.14%
Based on the fund’s historic trailing returns — a planning illustration, not a guarantee of future results.
Invest One-TimePlan it your way
The figures above are fixed to this fund’s past returns over set periods. Use a calculator to set your own amount, tenure and expected rate of return.
Risk level
Riskometer scale
- Low
- Low to Moderate
- Moderate
- Moderate to High
- High
- Very HighThis fund
Riskometer level assigned by the fund house as per SEBI norms. It can change as the scheme’s portfolio changes.
Fund benchmark
| Primary Index Name | — |
|---|---|
| Secondary Index Name | — |
| Index Name | BSE 500 India TR INR |
| Weighting | 100% |
Returns
| 1Y | 3Y | 5Y | 10Y | |
|---|---|---|---|---|
| Fund returns (%) | -6.70% | +8.45% | +8.14% | — |
| Cumulative returns (%) | -6.70% | +27.56% | +47.88% | +147.88% |
Fund Manager
| Manager | Ritesh Rathod |
|---|---|
| Role | Manager |
| Manager Tenure | 0.75 yrs |
About Fund
| Date of Incorporation | 11 Feb 2015 |
|---|---|
| Fund House | Nippon India Mutual Fund |
| Custodian | Deutsche Bank AG |
| Registrar / Transfer Agent | Nippon Life India Asset Management Ltd |
| Address | 1 Great Winchester Street |
Top Holdings
| Company | Weightage (%) |
|---|---|
| ICICI Bank Ltd | 7.53% |
| HDFC Bank Ltd | 7.26% |
| Reliance Industries Ltd | 4.19% |
| Axis Bank Ltd | 4.16% |
| Infosys Ltd | 3.99% |
| Mahindra & Mahindra Ltd | 3.42% |
| State Bank of India | 3.05% |
| JSW Energy Ltd | 2.99% |
| Bharti Airtel Ltd | 2.88% |
| NTPC Ltd | 2.82% |
| Bajaj Finance Ltd | 2.59% |
| Larsen & Toubro Ltd | 2.51% |
| Tech Mahindra Ltd | 2.24% |
| Alkem Laboratories Ltd | 2.19% |
| Samvardhana Motherson International Ltd | 2.13% |
| Hindustan Aeronautics Ltd Ordinary Shares | 2.07% |
Investment Strategy
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.
The fund's investment objective is to provide capital appreciation and consistent income to the investors which will be in line with their retirement goals by investing in an equity oriented portfolio. The fund attempts to invest primarily in the large cap space with some allocations to good quality mid-cap companies. The fund endeavors to provide a superior wealth creation alternative for investors who are in the accumulation phase i.e seeking to create a retirement corpus during their pre-retirement phase.
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. The data shown is for information only and does not constitute investment advice.