Item: Nippon India Retirement Fund - Income Generation Scheme - Direct Growth
Rating: 4
Author: Morningstar

Home › Mutual Funds › Nippon India Mutual Fund › Nippon India Retirement Fund - Income Generation Scheme - Direct Growth

17.764 (0.204%)

NAV on February 02, 2023

Category Allocation:
Retirement

Investment StyleBox

Large Growth

Interest rate sensitivity
Credit quality

Extensive Sensitivity
High Quality

Total Assets 181 cr

Turnover Ratio 22.57%

Expense Ratio 1.23%

Exit Load -

Returns

1M: -0.03%
1Y: 4.79%
3M: 1.84%
3Y: 7.06%
6M: 4.49%
5Y: 7.29%

Min Investment 500

Scheme/Plan not available for online purchase

ADDITIONAL INFO

Fund Manager Pranay Sinha (Since almost 2 years) Sanjay Doshi (Since over 2 years) Kinjal Desai (Since over 4 years) Akshay Sharma (Since 2 months)

ISIN INF204KA1C30

Fund Family Nippon India

P/E Ratio 25.33

P/B Ratio 3.54

Launch Date February 11, 2015

Benchmark CRISIL Hybrid 85+15 - ConservativeTR INR

Avg. Maturity 18.88 years

Yield To Maturity (%) 7.51%

SECTOR WEIGHTINGS (%)

Financial 37.17%

Industrial 9.83%

Technology 14.18%

Basic Materials 6.52%

Consumer Cyclical 7.55%

Utilities Services 2.95%

Healthcare Services 6.62%

Energy Services 6.99%

Communication Services 0.00%

Consumer Defensive 4.53%

Real Estate 3.67%

RISK MEASURES (3 yrs)

vs CRISIL Hybrid 85+15 - ConservativeTR INR

Alpha -1.16

Beta 1.12

R-Squared 85.36

Info Ratio -0.40

Tracking Err 2.11

Sortino 0.754

Sharpe 0.491

Std Dev 5.337

Risk Above Average

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 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.

You will not receive any dividends. Your investments will get the largest benefit of compounding.

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