Fundalysisby DARKHORSESTOCKS

Scheme

Nippon India Retirement Fund Income Generation Scheme

Holds 21 companies worth ₹26.5 Cr in Sept 2026.

  • Fund house

    NipponThe fund house that runs this scheme.

  • AUM

    ₹138 CrNippon India Retirement Fund Income Generation Scheme's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.2% on Aug 2026, ₹143 Cr.

  • Largest holding

    ICICI BankICICI Bank is 2.9% of this scheme's NAV.

  • Fund manager

    Pranay SinhaRuns its co-manager part since 1 Mar 2021, as the fund house dates it. With Ritesh Rathod (co-manager).

Overview(9 Aug 2026)

Fund managers2

  1. Pranay SinhaCo-manager · Mar 2021 · 20y · PGDM B.Tech
  2. Ritesh RathodCo-manager · Jan 2026 · 20y · CFA FRM MBA
  1. Ashutosh BhargavaApr 2024 – Jan 2026

Key facts

Benchmark
Tier 1 Benchmark: CRISIL Hybrid 85+15 - Conservative Index
Risk
Moderately High
Expense
Regular 2.11% · Direct 0.98%
Exit load
Nil
Started
11 Feb 2015
Minimum
₹500

Source.Its Scheme Summary Document as of 9 Aug 2026 at AMFI.

What changed(10 changes)

Aug 2026

1 change
  1. Expense ratio
    9 AugRegular 2.05% → 2.11%Direct 1% → 0.98%

Apr 2026

1 change
  1. Expense ratio
    9 AprRegular 2.09% → 2.05%Direct 0.99% → 1%

Mar 2026

1 change
  1. Expense ratio
    9 MarRegular 2.08% → 2.09%Direct 0.98% → 0.99%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time(Mar 2021 – now)

  1. Pranay Sinha
  2. Ritesh Rathod
  3. Ashutosh Bhargava
MainCoSlice20222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Aug 2024 – Aug 2026)

Every change to the expense ratio, newest first.
9 changesRegularDirectΔ pt
9 Aug 20262.11%0.98%0.02
9 Apr 20262.05%1.00%0.01
9 Mar 20262.09%0.99%0.01
8 Aug 20252.08%0.98%0.01
10 May 20252.08%0.97%0
10 Feb 20252.09%0.97%0.03
10 Jan 20252.09%1.00%0.02
10 Dec 20242.09%1.02%0.01
20 Aug 20242.10%1.03%–
Direct plan, 9 Aug 2026
0.98%
Regular plan 2.11% · Exit load nil
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(9 Aug 2026)

Objective

The investment objective of the scheme is to provide capital appreciation to the investors, which will be in line with their long term savings goal, by investing in a diversified portfolio of equity & equity related instruments with small exposure to fixed income securities. Although, the objective of the Fund is to generate optimal returns, the objective may or may not be achieved.

Risk, type and benchmark

Riskometer
Moderately High
At launch
Moderately High
Type
Solution Oriented: Retirement Fund
Benchmark
Tier 1 Benchmark: CRISIL Hybrid 85+15 - Conservative Index

Asset allocation it may hold% of NAV

  1. Diversified Equities and equity related securities
    Allowed5–30%Holds19.2%
  2. Debt and Money market securities
    Allowed70–95%Holds80.8%

Holds in Sept 2026.19.2% equity · 80.8% debt and cash

How to invest(9 Aug 2026)

Buying

To start
₹500, then in multiples of ₹500
To add
₹500, then in multiples of ₹500
Most
Any
Systematic
SIP - Monthly, Quarterly, Yearly SWP - Monthly / Quarterly / Half yearly/ Yearly STP - Daily/ Weekly/ Fortnightly/ Monthly / Quarterly
Dates
SIP - 1st to 31st of a month SWP - 1,8,15 & 22 (if holiday, then next working day) STP - 1st to 28th of a month
Minimum
SIP - Rs.100/- per month (minimum 60 months) Rs.500/- per month (minimum 12 months) Rs.1000/- per month (minimum 6 months) Rs. 500/- per quarter (minimum 12 quarters) Rs.1500/- per quarter (minimum 4 quarters) Rs. 5000/- per year (minimum 2 years) SWP - 500 STP - Daily- Minimum of Rs. 100 Weekly / Fortnight / Monthly option - Rs. 1000 Quarterly - Rs. 3000 Capital Appreciation Monthly/ Quarterly - Rs. 500, then sIP - Rs. 500 if SIP amount is 5,000 per year & Rs. 1 for any other amount SWP - 1 STP - 1
Instalments
SIP - 60 months for Rs. 100 per month 12 months for Rs. 500 per month 6 months for Rs. 1,000 per month 12 quarters for Rs. 500 per quarter 4 quarters for Rs. 1500 per quarter 2 years for Rs. 5000 per Year SWP - - STP - 2
Most
SIP - Any SWP - Any STP - Any

Selling and switching

To redeem
₹100 or Any units
Switch minimum
₹500 or Any units
Switch multiples
₹1 or Any units
Switch most
Any or Any units

Scheme details(9 Aug 2026)

What it is

Category
Solution Oriented
Offer
22 Jan 2015 to 5 Feb 2015
Started
11 Feb 2015
Reopened
11 Feb 2015
Plans
Direct Bonus Planbonus · Direct IDCW Plan Payout · Direct Growthgrowth · Bonus Planbonus · IDCW Plan Payout · Growth Plan Growth
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
Deutsche Bank
Auditor
Walker Chandiok & Co LLP
Registrar
KFin Technologies Limited
SEBI code
NIMF/O/S/RET/14/07/0053