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Nippon India Retirement Fund - Income Generation Scheme

An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)

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This product is suitable for investors who are seeking*:

  • Income over long term along with capital growth
  • Investing primarily in fixed income securities and balance in equity & equity related instruments so as to help the investor in achieving the retirement goals

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

Fund Riskometer

Nippon India Retirement Fund - Income Generation Scheme

Benchmark Riskometer

80% CRISIL Long Term Debt Index + 20% S&P BSE 500 TRI

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  • Investment Objective:
    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.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (18 Oct 2021)15.7422


NAV as on Sep 30, 2021: `15.7935

Performance of Nippon India Retirement Fund - Income Generation as on 30/09/2021
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Nippon India Retirement Fund - Income Generation Scheme 12.1210.236.747.13
B:80% CRISIL Long Term Debt Index + 20% S&P BSE 500 TRI16.1613.6110.0910.13
AB: Crisil 10 Yr Gilt Index3.889.176.177.10
Value of 10000 Invested
Nippon India Retirement Fun​d - Income Generation Scheme 11,21213,40513,85915,793
B:80% CRISIL Long Term Debt Index + 20% S&P BSE 500 TRI11,61614,67916,17918,975
AB: Crisil 10 Yr Gilt Index10,38813,02013,49115,765
Inception Date: Feb 11, 2015
B - Benchmark    |   AB - Additional Benchmark   
Fund Manager : Pranay Sinha (Since Mar 2021); Sanjay Doshi (Since Jul 2020)
*80% of CRISIL Long Term Debt Index + 20% of S&P BSE 500 TRI

​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER:Pranay Sinha

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Nippon India Retirement Fund - Wealth Creation Plan60.7163.1011.3519.7310.8416.80
Nippon India Dynamic Bond Fund5.956.578.5010.136.367.80
Nippon India Banking & PSU Debt Fund5.625.849.208.807.807.32
Bottom 3
Nippon India Nivesh Lakshya Fund4.916.3412.2211.41N.A.N.A.
Nippon India Gilt Securities Fund4.235.4310.1310.077.997.37
Nippon India ETF Long Term Gilt4.124.4810.1010.227.047.18
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Note:

a.Mr. Pranay Sinha manages 8 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein are on the basis of 1 Year CAGR returns

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

Mr.Pranay Sinha has been managing Nippon India Banking & PSU Debt Fund since Mar 2021, Nippon India Nivesh Lakshya Fund since Mar 2021, Nippon India Dynamic Bond Fund since Mar 2021, Nippon India Gilt Securities Fund since Mar 2021, Nippon India ETF Long Term Gilt since Mar 2021, Nippon India Retirement Fund-Wealth Creation Plan since Mar 2021, Nippon India Retirement Fund-Income Generation Scheme since Mar 2021.

​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER: Sanjay Doshi

Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Nippon India Power & Infra Fund77.6465.6519.0621.2115.0114.35
Nippon India Retirement Fund - Wealth Creation Scheme60.7163.1011.3519.7310.8416.80

​​Note​:

a. Mr. Sanjay Doshi manages 3 open-ended schemes of Nippon India Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, performance data of other scheme the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan).

TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.

The performance of the equity scheme is benchmarked to the Total Return variant of the Index.

Mr. Sanjay Doshi has been managing ​ Nippon India Power & Infra Fund since Jan 2017, Nippon India Retirement Fund - Income Generation Scheme since July 2020, Nippon India Retirement Fund - Wealth Creation Scheme since July 2020

​Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other investments. Returns for 1 year and above are compounded annualized(CAGR) and returns less than 1 yearare simple annualized basis. 6 months simple annualized returnsare provided for the schemes that are in existence for more than 6 months but have not completed 1 year.Dividend (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted. Performance of IDCW option would be net of dividend distribution tax, if any. Face value of schemes is `10 per unit, except for the schemes as specified here. Face Value of Nippon India Liquid Fund, Nippon India Money Market Fund Nippon India Ultra Short Duration Fund, Nippon India Low Duration Fund and Nippon India ETF Liquid BeES is `1000 per unit. Face value of Nippon India ETF Junior BeES is `1.25 per unit. Face value of Nippon India Overnight Fund is `100 per unit. Face Value of Nippon India ETF Nifty BeES, Nippon India ETF Bank BeES, Nippon India ETF PSU Bank BeES, Nippon India ETF NV20, Nippon India ETF Hang Seng BeES, Nippon India ETF Gold BeES is `1 per unit. In case, the start/end date of the concerned period is non-business day, NAV of the previous date is considered for computation of returns. Performance details of closed ended and interval schemes are not provided since these are not comparable with other schemes. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan) ​​​​​​​​

Note:

##The Scheme Returns are inclusive of the impact of Segregation of portfolio in the respective schemes. For impact on NAV on account of Segregation of portfolio, please refer SID/KIM of the relevant Schemes.








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Fund Details

  • Inception Date11 Feb 2015
  • Fund ManagerMr. Pranay Sinha | Mr. Sanjay Doshi
Current Investment Philosophy
    • 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 fixed income oriented portfolio with a low to moderate exposure (upto 30%) in equities.
    • Thus the fund attempts to generate potentially higher returns by combining stability of fixed income along with growth possibilities of equities.
    • On the fixed income allocation the fund will attempt to have an optimal blend of duration and accruals with investments in high quality instruments.
    • The equity portolio is invested pre-dominantly in large cap companies with tactical allocation to mid cap stocks.
    • The fund is well suited for investors in the post -retirement phase seeking regular income with lower volatility.
Minimum Investment
5000.00

    and in multiples of Rs. 500 thereafter

Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load**:

Nil

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • Income over long term along with capital growth
  • Investing primarily in fixed income securities and balance in equity & equity related instruments so as to help the investor in achieving the retirement goals

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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Details as on Sep 30 , 2021

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