Nippon India Retirement Fund - Wealth Creation Scheme
NAV : ₹ 29.772 as of 04 September, 2024
3Y Returns
▲19.28%
Overview
₹ 3,467.01 Cr
Fund size
₹ 500
Min SIP
₹ 500
Lumpsum
22 January 2015
Launch date
Growth
Fund plan
Regular
Scheme type
3
Rating by Value Research
Return Calculator
Over the past
Total Investment of ₹3,00,000
Would have become ₹3,74,454 (+19.88%)
Disclaimer: Past performance is not an indicator of future returns
Equity Holding(s) Distribution
Other Scheme Info
Expense Ratio
Inclusive of GST
1.91%
Stamp Duty
0.005%
Exit Load
0
Fund Managers
Akshay Sharma
Dec 2022 - Present
Sanjay Doshi
Jan 2017 - Present
Ashutosh Bhargava
Aug 2020 - Present
Kinjal Desai
Aug 2020 - Present
Fund House
Nippon India Mutual Fund
Total AUM: 423111.88Cr
Nippon India Mutual Fund stands as one of the premier asset management companies in India, managing Assets Under Management (AUM) amounting to Rs. 380049 crores as of December 2023. Initially known as Reliance Mutual Fund, it underwent a transformation when Nippon Life Insurance Company, based in Japan, increased its stake to 75%, leading to the renaming of the company as Nippon India Mutual Fund ...View Nippon India Retirement Fund - Wealth Creation Scheme AMC
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
Still have questions?
What is the NAV of Nippon India Retirement Fund - Wealth Creation Scheme
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Nippon India Retirement Fund - Wealth Creation Scheme is ₹29.77
What is the AUM of Nippon India Retirement Fund - Wealth Creation Scheme?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Nippon India Retirement Fund - Wealth Creation Scheme is ₹3,467.01 Cr.
What is the minimum SIP amount for Nippon India Retirement Fund - Wealth Creation Scheme?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Nippon India Retirement Fund - Wealth Creation Scheme is ₹500
What is the Expense Ratio of Nippon India Retirement Fund - Wealth Creation Scheme?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Nippon India Retirement Fund - Wealth Creation Scheme is 1.91%
What is the Exit load of Nippon India Retirement Fund - Wealth Creation Scheme?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
