Nippon India Retirement Fund- Income Generation Scheme-Growth Plan - Growth Option
(Erstwhile Reliance Retirement Fund- Income Generation Scheme-Growth Plan - Growth Option)
Fund House: Nippon India Mutual Fund| Category: Retirement Fund |
| Launch Date: 11-02-2015 |
| Asset Class: Mixed Asset |
| Benchmark: CRISIL Hybrid 85+15 Conservative Index |
| Expense Ratio: 2.14% As on (31-05-2022) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 195.07 Cr As on (31-05-2022) |
| Turn over: - | Exit Load: Nil |
14.9864
0.05 (0.327%)
5.61%
S&P BSE India Bond Index 8.76%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The scheme seeks 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.
Current Asset Allocation (%)
Indicators
| Volatility | - |
| Sharp Ratio | 0.24 |
| Alpha | -0.79 |
| Beta | 0.49 |
| Yield to Maturity | 7.43 |
| Average Maturity | 19.46 |
PEER COMPARISON
Scheme Characteristics
Scheme having a lock-in for at least 5 years or till retirement age whichever is earlier.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
2.75%
Others
80.01%
Large Cap
14.14%
Mid Cap
3.1%
Tax Benefits of investing in this fund
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months
Short term capital gains (STCG) tax at the income tax slab rate applicable to the investor, if units are held for less than 36 months
Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @29.12% ( 25% + 12% surcharge + 4% Health & education cess) for Individuals and @ 34.944% ( 30% + 12% surcharge + 4% Health & education cess) for any other person **
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
** The DDT is to be paid by the mutual fund
