AMFI Registered Mutual Fund Distributor | SEBI registered Investment Adviser
FSM LOGO

                    


titl_l_gif
Factsheets
title_r_gif
Share
Print

NIPPON RETIREMENT FUND - INCOME GENERATION SCHEME- GROWTH


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 a mix of securities comprising of equity, equity related instruments and fixed income securities.

Fund Category Solution Oriented
Fund Class Retirement
Fund Type Open-Ended
Options Growth
FUND INFO
Launch Date January 22, 2015
Launch Price Rs. 10.00
Latest NAV Price (Click here for price history) Rs. 14.10 (July 2, 2020)
Fundsupermart Risk Rating 4-Moderately Low Risk

Minimum Initial Investment Rs. 5,000 / -
Minimum Subsequent Investment Rs. 1,000 / -
Minimum Redemption Amount Rs. 100
Minimum Holding Period -
Transaction Time for Redemption 11:50 AM
Entry Load -
Exit Load 1% if redeemed/switched out from Reliance Retirement Fund before attainment of 60 years of age. Nil in case of Auto SWP/Redemption/Switch out from Reliance Retirement Fund on or after attainment of 60 years of age or after completion of 5 year lock in period, whichever is later. Nil in case of switch made from Wealth Creation Scheme to Income Generation Scheme or vice versa, Nil in case of Auto Transfer from Wealth Creation Scheme to Income Generation Scheme.
FUND PERFORMANCE (ANNUALIZED RETURNS)
Period 1 wk 1 mth 3 mth 6 mth 1 yr 3 yr 5 yr since inception
NAV Returns (%) - INR 0.99 2.2 5.6 3.4 4.8 5.3 7.1 6.5
Performance figures (as of July 2, 2020)

The performance figures in the table above are calculated using NAV prices, assuming growth option. Performance figures of over 1 year are annualised.(Eg. A 33.1% gain in 3 years works out to a 10% gain per year when annualised.)

Click here to see how the fund has performed against other funds or an index.

OTHER PERFORMANCE DATA
Calendar Year 2018 2017 2016 2015 2014
NIPPON RETIREMENT FUND - INCOME GENERATION SCHEME- GROWTH (%) 7.96 4.23 6.24 10.34 -

The performance figures in the table above are calculated using NAV, assuming Growth option. Performance figures of over 1 year are annualised.(Eg. A 33.1% gain in 3 years works out to a 10% gain per year when annualised.)

3 yr Annualised Volatility 5.26
3 yr Sharpe ratio -0.13
The above figures (as of July 2, 2020)


Please note:

  1. Unit price is the NAV price, sales charges are not included.
  2. Investment involves risk. The price of securities may go down as well as up, and under certain circumstances an investor may sustain a total or substantial loss of investment. Past performance is not necessarily indicative of the future or likely performance of the fund. Investors should read the relevant fund's prospectus for details before making any investment decision. An Investor should make an appraisal of the risks involved in investing in these products and should consult their own independent and professional advisors, to ensure that any decision made is suitable with regards to their circumstances and financial position.
  3. This fact sheet is compiled by fundsupermart.com from the individual fund management company's public information material, and meant for information only. Whilst all attempts have been made by fundsupermart.com to present the information accurately and completely, mistakes and omissions do sometimes occur. Readers are advised to read the Offer Document/SID/SAI before making any investment decision. It is important that you read our disclaimers.
  4. Fund's performance refers to the performance of the growth option of this scheme.