Nippon India Retirement Fund - Income Generation Scheme

Details as on March 31, 2022

Fixed Income - Retirement
Type of Scheme

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

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 will be invested predominantly 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.

Date of Allotment

February 11, 2015

Fund Manager

Pranay Sinha
Sanjay Doshi

Benchmark

CRISIL Hybrid 85+15 - Conservative Index

Fund Size
Monthly Average : ₹ 230.17 Cr
Month End : ₹ 212.90 Cr

NAV as on March 31, 2022
Growth Plan ₹ 15.6520
IDCW Plan ₹ 15.6543
Bonus Option ₹ 15.6502
Direct - Growth Plan ₹ 17.2010
Direct - IDCW Plan ₹ 17.2007
Direct - Bonus Option ₹ 17.2006

Load structure
Entry Load: Nil
Exit Load:Nil
Maximum Entry Age for Subscription (wef June 6, 2018) : Individual investors whose entry age is less than 60 years at the time of investment can invest. Further, inflows through subscription / Switch-in / SIP / STP-In, DTP-In, Nippon India Salary Advantage, Trigger etc. for existing investor will be discontinued upon investor attaining 60 years of age. This age restriction will not be applicable for switches within the scheme or Auto transfer or switches from Wealth Creation Scheme to Income Generation Scheme and vice versa.
Retirement Age (wef June 6, 2018): Maximum entry age for subscription shall be less than 60 years and the deemed Retirement age for the Scheme will be considered as 65 years. Investors can continue to remain invested beyond the retirement age as well, unless redeemed or switched out.

For investments prior to June 06, 2018 in this scheme, the lock-in-period of five years shall be applicable.

Please refer the addendum no. 26 dated May 23, 2018 and addendum no. 83 dated November 09, 2020 pertaining to Changes in Nippon India Retirement Fund for complete details

Volatility Measures
Average Maturity 19.64 Years
Modified Duration 9.68 Years
Yield to Maturity 7.00%
Macaulay Duration 10.02 Years
Average Maturity, Modified Duration, YTM & Macaulay Duration details provided for Debt portion of Portfolio only.

Total Expense Ratio^
Regular/Other than Direct2.25
Direct0.07

Company/IssuerRating % of Assets
Debt
Government Bond 74.04
Government of India SOV 74.04
Equity
Banks
HDFC Bank Limited* 1.38
ICICI Bank Limited* 1.20
Axis Bank Limited* 1.00
Petroleum Products
Reliance Industries Limited* 1.73
Software
Infosys Limited* 1.43
Equity Less Than 1% of Corpus 14.85
Cash & Other Receivables 4.36
Grand Total 100.00

*Top 10 Holdings








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 and equity related instruments so as to help the investor in achieving the retirement goals

Fund Riskometer
Nippon India Retirement Fund - Income Generation Scheme



Benchmark Riskometer
CRISIL Hybrid 85+15 - Conservative Index

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



Please click here for explanation on symbol: ^ and @ wherever available
For SIP performance please click here. For scheme performance please click here. For Fund manager wise scheme performance click here.

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