Nippon India Retirement Fund - Income Generation Scheme
- NAV as on 25 Sep 2026
- ₹20.070.00%1 day
- Return since launch
- 6.2%
- 52-week range
- ₹19.32 — ₹20.65
- AUM
- ₹143 Cr
Nippon India Retirement Fund - Income Generation Scheme is a Retirement Solutions hybrid fund from Nippon India Mutual Fund with ₹143 Cr under management, launched in 2015. Over three years it has returned 2.4% a year, against 8.0% for its category. The expense ratio is 2.11% and the SEBI riskometer reading is Moderately High.
Performance
Nippon India Retirement Fund - Income Generation Scheme NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned -0.3% against +0.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | -0.8% | −2.3 pts | 1.5% | -0.7% |
| 2Y | 0.3% | −2.1 pts | 2.5% | 1.5% |
| 3Y | 2.4% | −5.6 pts | 8.0% | 3.9% |
| 5Y | 4.8% | −2.2 pts | 7.0% | 7.0% |
| 7Y | 5.3% | −4.3 pts | 9.6% | 8.0% |
| 10Y | 5.8% | −2.3 pts | 8.1% | 8.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.9% | +0.4 pts | -2.4% | -2.0% |
| 3M | -1.3% | −0.8 pts | -0.5% | -1.0% |
| 6M | 2.8% | −2.9 pts | 5.7% | 5.5% |
| 1Y | -0.3% | −1.8 pts | 1.5% | 0.2% |
| 2Y | 0.5% | +0.2 pts | 0.3% | 0.8% |
| 3Y | 5.3% | −2.7 pts | 8.0% | 8.0% |
| 5Y | 4.9% | −2.1 pts | 7.0% | 6.9% |
| 7Y | 6.1% | −4.0 pts | 10.1% | 8.9% |
| 10Y | 5.8% | −2.3 pts | 8.1% | 8.1% |
Since launch (22 Jan 2015): 6.2%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.3% | −3.2 pts | 6.5% |
| 2024 | 11.1% | −3.7 pts | 14.8% |
| 2023 | 10.2% | −8.4 pts | 18.6% |
| 2022 | 1.9% | −0.4 pts | 2.4% |
| 2021 | 4.7% | −10.3 pts | 15.0% |
| 2020 | 10.5% | −4.0 pts | 14.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.11%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.79%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.32%
- Exit load
- Exit load of 1% if redeemed before the age of 60 yrs.
- Lock-in
- 5 years
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Hybrid 85+15 Conservative Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderately high risk — typically balanced hybrid and index-led equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.07 | 0.56 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.09 | 0.72 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 5.22 | 12.81 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Nippon India Retirement Fund - Income Generation Scheme portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity19.9%
- Debt74.3%
- Other5.8%
Market cap split
- Large89.8%
- Mid5.1%
- Small5.1%
- P/E
- 20.20
- P/B
- 2.82
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| GOI | Sovereign | 46.44% | ₹66.36 Cr | +60.80% | +60.60% | +34.94% |
| Others | Others | 5.89% | ₹8.40 Cr | +0.12% | +0.21% | +0.03% |
| ICICI Bank Ltd. | Financial | 3.05% | ₹4.36 Cr | +2.68% | +2.84% | +2.79% |
| State Bank of India | Financial | 2.23% | ₹3.18 Cr | +2.05% | +2.48% | +1.60% |
| Reliance Industries Ltd. | Energy | 1.61% | ₹2.30 Cr | +1.69% | +1.72% | +1.62% |
| HDFC Bank Ltd. | Financial | 1.49% | ₹2.13 Cr | +1.59% | +1.83% | +2.34% |
| Larsen & Toubro Ltd. | Construction | 1.34% | ₹1.92 Cr | +1.37% | +1.40% | +1.14% |
| Axis Bank Ltd. | Financial | 1.18% | ₹1.69 Cr | +1.19% | +1.24% | +0.90% |
| Samvardhana Motherson International Ltd. | Automobile | 1.15% | ₹1.64 Cr | +0.99% | +0.88% | +0.59% |
| NTPC Ltd. | Energy | 1.09% | ₹1.56 Cr | +1.31% | +1.25% | +1.03% |
| Eternal Ltd. | Services | 0.99% | ₹1.41 Cr | +0.77% | +0.73% | +0.90% |
| Mahindra & Mahindra Ltd. | Automobile | 0.92% | ₹1.31 Cr | +0.87% | +0.93% | +0.85% |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.78% | ₹1.11 Cr | +0.61% | +0.54% | +0.83% |
| Infosys Ltd. | Technology | 0.73% | ₹1.04 Cr | +0.76% | +0.82% | +0.98% |
| Cummins India Ltd. | Capital Goods | 0.71% | ₹1.02 Cr | +0.84% | +0.67% | +0.76% |
| Tata Consultancy Services Ltd. | Technology | 0.50% | ₹0.72 Cr | +0.48% | +0.54% | +0.61% |
| SBI Life Insurance Company Ltd. | Insurance | 0.43% | ₹0.61 Cr | +0.45% | +0.49% | +0.42% |
| Mishra Dhatu Nigam Ltd. | Metals & Mining | 0.40% | ₹0.58 Cr | +0.42% | +0.33% | +0.33% |
| Crompton Greaves Consumer Electricals Ltd. | Consumer Discretionary | 0.33% | ₹0.47 Cr | +0.40% | +0.35% | +0.44% |
| Kaynes Technology India Ltd. | Capital Goods | 0.29% | ₹0.41 Cr | +0.25% | +0.30% | +0.46% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.28% | ₹0.40 Cr | +0.26% | +0.24% | +0.21% |
| Tube Investments Of India Ltd. | Automobile | 0.23% | ₹0.33 Cr | +0.27% | +0.23% | +0.24% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.19% | ₹0.27 Cr | +0.17% | +0.16% | +0.15% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| GOI | 30.51% | 15.89% | -14.62% |
| Samvardhana Motherson International Ltd. | 1.00% | 1.15% | +0.15% |
| Eternal Ltd. | 0.90% | 0.99% | +0.09% |
| State Bank of India | 2.14% | 2.23% | +0.09% |
| HDFC Bank Ltd. | 1.56% | 1.49% | -0.07% |
| Axis Bank Ltd. | 1.11% | 1.18% | +0.07% |
| Cummins India Ltd. | 0.77% | 0.71% | -0.06% |
| ICICI Bank Ltd. | 2.99% | 3.05% | +0.06% |
| Dixon Technologies (India) Ltd. | 0.73% | 0.78% | +0.05% |
| NTPC Ltd. | 1.14% | 1.09% | -0.05% |
| Larsen & Toubro Ltd. | 1.30% | 1.34% | +0.04% |
| SBI Life Insurance Company Ltd. | 0.46% | 0.43% | -0.03% |
| Crompton Greaves Consumer Electricals Ltd. | 0.36% | 0.33% | -0.03% |
| Mishra Dhatu Nigam Ltd. | 0.38% | 0.40% | +0.02% |
| Others | 0.09% | 0.07% | -0.02% |
| Mahindra & Mahindra Ltd. | 0.94% | 0.92% | -0.02% |
| Reliance Industries Ltd. | 1.63% | 1.61% | -0.02% |
| Infosys Ltd. | 0.72% | 0.73% | +0.01% |
| Kaynes Technology India Ltd. | 0.30% | 0.29% | -0.01% |
| Tata Consultancy Services Ltd. | 0.49% | 0.50% | +0.01% |
| Apollo Hospitals Enterprise Ltd. | 0.19% | 0.19% | 0.00% |
| Sun Pharmaceutical Industries Ltd. | 0.28% | 0.28% | 0.00% |
| Tube Investments Of India Ltd. | 0.23% | 0.23% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹936 Cr | 2.43% | 1.7% | 5.5% | 9.5% |
 Tata Retirement Savings Moderate Fund | ₹2,251 Cr | 2.17% | 6.1% | 6.5% | 10.0% |
 ICICI Prudential Retirement Fund - Hybrid Aggressive Plan | ₹1,320 Cr | 2.48% | 4.6% | 9.8% | 14.3% |
 Axis Retirement Fund - Aggressive Plan | ₹706 Cr | 2.50% | -2.1% | 2.8% | 6.9% |
| Axis Retirement Fund - Dynamic Plan | ₹285 Cr | 2.57% | -0.7% | 3.4% | 7.6% |
 Aditya Birla Sun Life Retirement Fund - The 40s Plan | ₹116 Cr | 2.42% | 0.6% | 5.1% | 8.4% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
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.
Fund managers
- Amber SinghaniaMMS Finance (Mumbai University)Prior to joining the Nippon India AMC, he was associated with Asian Markets Securities Pvt. Ltd.
- Pranay SinhaMr. Sinha has done B.Tech in Aerospace Engg. from IIT Kharagpur and PGDM with Major in Finance from IIM Calcutta.Prior to joining Nippon India Mutual Fund, he has worked with ABSLAMC, BNP Paribas Bank (October 2010 - August,2014) , Morgan Stanley Investment Management Pvt. Ltd. (March 2008 - October 2010) and ICICI Prudential Asset Management Co. Ltd. ( October 2005 - March 2008).
- Ritesh RathodMr. Rathod has done CFA, FRM and MBA in FinancePrior to joining Nippon India Mutual Fund, he has worked with Alchemy Capital and Mutual Fund
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.82% absolute | ₹60,000 | ₹61,692 | 2.82% | |
| 1 year−0.32% annualised | ₹1,20,000 | ₹1,19,792 | −0.17% | |
| 3 years5.28% annualised | ₹3,60,000 | ₹3,90,866 | 8.57% | |
| 5 years4.89% annualised | ₹6,00,000 | ₹6,80,919 | 13.49% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.