Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth

• Alpha -7.42%
• Beta 1.10
• Sharpe Ratio0.53
• Std Deviation 14.53%
• Tracking Error 4.60%

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 Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth has an AUM of 3133.09 crores & has delivered CAGR of 13.23% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 1.94%. The minimum investment in Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth is Rs 500 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Medium & Exceptional respectively.

The top holdings of the fund include ICICI Bank, HDFC Bank, Reliance Industries & State Bank of India.

The major sectors where the fund is invested are Regional Banks, Electric Utilities, Consumer Financial Services & Software & Programming.

Some of the similar funds are HDFC Retirement Savings Fund - Equity Plan - Regular Plan, Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth, Tata Retirement Savings Moderate Fund Growth, SBI Retirement Benefit Fund - Aggressive Plan Regular Growth, UTI Retirement Fund - Regular Plan. Nippon India Retirement Fund - Wealth Creation Scheme - Regular Growth has a sharpe ratio of 0.53 & a standard deviation of 14.53%.