Nippon India Retirement Fund- Wealth Creation Scheme vs UTI Retirement Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India Retirement Fund- Wealth Creation Scheme is a mutual fund and UTI Retirement Fund is a Solution fund. In the 3 years to 30-10-2026, Nippon India Retirement Fund- Wealth Creation Scheme (Direct) returned 9.8% a year and UTI Retirement Fund (Direct) returned 8.4% a year. Nippon India Retirement Fund- Wealth Creation Scheme charges 1.27% a year and UTI Retirement Fund 1.16% (Direct plans). Their portfolios overlap 17.8%: they hold 17 of the same securities.
Nippon India Retirement Fund- Wealth Creation Scheme
- 3 year return
- 9.8%
- Expense ratio
- 1.27%
- NAV
- ₹30.44
Which is better, Nippon India Retirement Fund- Wealth Creation Scheme or UTI Retirement? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Retirement Fund- Wealth Creation Scheme returned more over 5 years: 9.3% a year against 8.1%.
- Nippon India Retirement Fund- Wealth Creation Scheme returned more over 3 years: 9.8% a year against 8.4%.
- UTI Retirement costs less: 1.16% a year against 1.27% (Direct plans).
- UTI Retirement swung less over 3 years: a standard deviation of 5.7% a year against 14.5%.
- UTI Retirement fell less in its worst fall since 13-02-2015: −18.9% against −44.9%.
- Nippon India Retirement Fund- Wealth Creation Scheme holds more in large companies: 61.5% of the fund in large caps against 24.3%.
- UTI Retirement is the larger fund: ₹4,578 Cr against ₹2,939 Cr.
- Their portfolios overlap 17.8%: 17 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Nippon India Retirement Fund- Wealth Creation Scheme | UTI Retirement Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | UTI Mutual Fund |
| Category | Not available | Solution |
| AUM | ₹2,939 Cr (30-09-2026) | ₹4,578 Cr (30-09-2026) |
| NAV | ₹30.44 (Direct) | ₹53.47 (Direct) |
| Expense ratio (Direct) | 1.27% | 1.16% |
| Expense ratio (Regular) | 2.24% | 1.63% |
| Riskometer | Not available | High |
| Benchmark | Not available | CRISIL Short Term Debt Hybrid 60+40 Index |
| Launch date | Not available | 26-12-1994 |
| Minimum investment | Not available | Regular Plan-Growth- Rs.500, Direct Plan-Growth- Rs.500, |
| Lock in | Not available | 5 years, or until retirement if earlier |
| Fund managers | Not available | Anurag Mittal FM 1, V Srivatsa FM 2, Not Applicable FM 3 |
| Exit load | Not available | Period of Holding *: (A) Less than one year – 1% (B) Greater than or equal to one year – Nil *Units shall not be under lock-in period. |
Nippon India Retirement Fund- Wealth Creation Scheme vs UTI Retirement: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Nippon India Retirement Fund- Wealth Creation Scheme (Direct) | −2.17% | −7.48% | −4.28% | −8.68% | +9.81% | +9.35% | +10.57% |
| UTI Retirement Fund (Direct) | −0.57% | −3.07% | −0.47% | −1.80% | +8.43% | +8.14% | +8.70% |
Nippon India Retirement Fund- Wealth Creation Scheme vs UTI Retirement: Year-wise Returns
| Year | Nippon India Retirement Fund- Wealth Creation SchemeNippon India Retirement Fund- Wealth Creation Scheme | UTI RetirementUTI Retirement |
|---|---|---|
| 2026to date | −7.05% | −2.98% |
| 2025 | +2.00% | +6.70% |
| 2024 | +21.64% | +15.22% |
| 2023 | +32.38% | +17.44% |
| 2022 | +2.66% | +6.03% |
| 2021 | +33.45% | +19.32% |
Nippon India Retirement Fund- Wealth Creation Scheme vs UTI Retirement: Rolling Returns
Every holding period of both funds, against BSE 500 TRI, the benchmark of Nippon India Retirement Fund- Wealth Creation Scheme
Rolling returns
Every 3-year holding period, 2,144 of them, one for each trading day from 14-02-2018 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Nippon India Retirement Fund- Wealth Creation Scheme (Direct)
UTI Retirement Fund (Direct)
BSE 500 TRI
to
Oct 2018Apr 2017
to
Apr 2020Oct 2018
to
Oct 2021Apr 2020
to
Apr 2023Sept 2021
to
Sept 2024Feb 2023
to
Feb 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nippon India Retirement Fund- Wealth Creation Scheme | 9.3 | 4.8 | 16.7 | 31.3 | 17.9 | 16.5 | 3.5 | 12.8% | 13.0% | −10.7% | 31.3% | 41% |
| UTI Retirement | 1.8 | 14.0 | 26.7 | 50.2 | 7.3 | 0.0 | 0.0 | 10.0% | 10.6% | −2.4% | 19.2% | 4% |
| BSE 500 TRI | 2.3 | 5.3 | 9.2 | 32.0 | 34.3 | 12.8 | 4.1 | 14.8% | 15.1% | −6.2% | 33.9% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is BSE 500 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 13-02-2015. Past returns do not promise future returns.
Nippon India Retirement Fund- Wealth Creation Scheme vs UTI Retirement: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 13-02-2015 to 30-10-2026: 141 instalments, ₹14,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Nippon India Retirement Fund- Wealth Creation SchemeNippon India Retirement Fund- Wealth Creation Scheme (Direct) | ₹14,10,000 | ₹27,32,834 | ₹13,22,834 | 10.7% |
| UTI RetirementUTI Retirement Fund (Direct) | ₹14,10,000 | ₹24,49,645 | ₹10,39,645 | 9.0% |
Nippon India Retirement Fund- Wealth Creation SchemeNippon India Retirement Fund- Wealth Creation Scheme (Direct)
UTI RetirementUTI Retirement Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Nippon India Retirement Fund- Wealth Creation Scheme vs UTI Retirement: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Nippon India Retirement Fund- Wealth Creation Scheme (Direct) | UTI Retirement Fund (Direct) |
|---|---|---|
| Return (CAGR) | −8.68% | −1.80% |
| Standard deviation | 14.74% | 5.94% |
| Sharpe ratio | -0.94 | -1.19 |
| Sortino ratio | -1.26 | -1.59 |
| Maximum drawdown | −13.4% (31-03-2026) | −6.3% (30-03-2026) |
| Beta | 1.02 | -- |
| Alpha | −0.78% | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Retirement Fund- Wealth Creation Scheme (Direct) | UTI Retirement Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.81% | +8.43% |
| Standard deviation | 14.50% | 5.75% |
| Sharpe ratio | 0.26 | 0.42 |
| Sortino ratio | 0.35 | 0.57 |
| Maximum drawdown | −18.3% (28-02-2025) | −6.3% (30-03-2026) |
| Beta | 1.01 | -- |
| Alpha | −0.11% | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Retirement Fund- Wealth Creation Scheme (Direct) | UTI Retirement Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.35% | +8.14% |
| Standard deviation | 14.44% | 5.74% |
| Sharpe ratio | 0.25 | 0.41 |
| Sortino ratio | 0.33 | 0.55 |
| Maximum drawdown | −18.5% (17-06-2022) | −6.3% (30-03-2026) |
| Beta | 0.99 | -- |
| Alpha | +0.71% | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Nippon India Retirement Fund- Wealth Creation Scheme (Direct) | UTI Retirement Fund (Direct) |
|---|---|---|
| Return (CAGR) | +9.93% | +8.10% |
| Standard deviation | 16.26% | 7.35% |
| Sharpe ratio | 0.26 | 0.28 |
| Sortino ratio | 0.35 | 0.34 |
| Maximum drawdown | −44.9% (23-03-2020) | −18.9% (23-03-2020) |
| Beta | 1.00 | -- |
| Alpha | −1.33% | -- |
From daily NAVs, 13-02-2015 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Nippon India Retirement Fund- Wealth Creation Scheme (Direct)
UTI Retirement Fund (Direct)
BSE 500 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Nippon India Retirement Fund- Wealth Creation Scheme (Direct) | −44.9% | 23-01-2018 | 23-03-2020 | 11-01-2021 | 10 months | −11.2% |
| UTI Retirement Fund (Direct) | −18.9% | 03-06-2019 | 23-03-2020 | 27-08-2020 | 5 months | −3.9% |
| BSE 500 TRI | −38.1% | 17-01-2020 | 23-03-2020 | 06-11-2020 | 7 months | −9.4% |
From daily values since 13-02-2015, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Retirement Fund- Wealth Creation Scheme (Direct)
UTI Retirement Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Retirement Fund- Wealth Creation Scheme (Direct)
UTI Retirement Fund (Direct)
BSE 500 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Nippon India Retirement Fund- Wealth Creation Scheme (Direct)
UTI Retirement Fund (Direct)
BSE 500 TRI
Against BSE 500 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| Nippon India Retirement Fund- Wealth Creation Scheme (Direct) | 98% | 103% | 3.64% |
| UTI Retirement Fund (Direct) | 51% | 36% | 10.06% |
From month-end values since 13-02-2015. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
Nippon India Retirement Fund- Wealth Creation Scheme vs UTI Retirement: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India Retirement Fund- Wealth Creation Scheme, September 2026; UTI Retirement Fund, September 2026
Holdings in common
- Overlap
- 17.8%
- Held by both
- 17
- Only in Nippon India Retirement Fund- Wealth Creation Scheme
- 54
- Only in UTI Retirement
- 103
| Security | % of Nippon India Retirement Fund- Wealth Creation Scheme | % of UTI Retirement |
|---|---|---|
| HDFC Bank Limited | 7.72% | 3.19% |
| ICICI Bank Limited | 6.89% | 2.96% |
| Reliance Industries Limited | 4.14% | 2.12% |
| Infosys Limited | 3.72% | 1.96% |
| State Bank of India | 2.94% | 1.33% |
| Mahindra & Mahindra Limited | 3.27% | 0.79% |
| Shriram Finance Limited | 0.76% | 0.83% |
| Vedanta Aluminium Metal Limited | 2.01% | 0.66% |
| Larsen & Toubro Limited | 0.64% | 1.53% |
| Indus Towers Limited | 1.66% | 0.63% |
| Info Edge (India) Limited | 1.68% | 0.56% |
| InterGlobe Aviation Limited | 1.70% | 0.53% |
| Tata Power Company Limited | 0.89% | 0.46% |
| Crompton Greaves Consumer Electricals Limited | 0.92% | 0.40% |
| Tata Motors Ltd | 0.72% | 0.35% |
| ICICI Prudential Life Insurance Company Limited | 0.34% | 0.30% |
| Max Financial Services Limited | 1.29% | 0.11% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.8% means 17.8% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Nippon India Retirement Fund- Wealth Creation Scheme
| Security | % of fund |
|---|---|
| Axis Bank Limited | 4.17% |
| JSW Energy Limited | 3.03% |
| Alkem Laboratories Limited | 2.26% |
| Hindustan Aeronautics Limited | 2.14% |
| HDFC Asset Management Company Limited | 1.91% |
Largest holdings only in UTI Retirement Fund
| Security | % of fund |
|---|---|
| 07.18% GSEC MAT -24/07/2037 | 6.20% |
| 07.32% GSEC MAT -13/11/2030 | 3.11% |
| 7.24% GSEC MAT- 18/08/2055 | 3.11% |
| CP EXPORT IMPORT BANK OF INDIA | 2.12% |
| MF UNITS UTI - FLOATER FUND | 1.75% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India Retirement Fund- Wealth Creation Scheme | UTI Retirement |
|---|---|---|
| Equity | 98.9% | 36.7% |
| Debt | 0.0% | 45.3% |
| Cash and others | 1.1% | 18.1% |
Market cap of stocks
| Market cap | Nippon India Retirement Fund- Wealth Creation Scheme | UTI Retirement |
|---|---|---|
| Large Cap | 61.5% | 24.3% |
| Mid Cap | 26.1% | 6.1% |
| Small Cap | 10.3% | 6.2% |
| Not on AMFI's list | 1.1% | 0.1% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Nippon India Retirement Fund- Wealth Creation Scheme | UTI Retirement |
|---|---|---|
| Banks | 22.0% | 8.1% |
| Power | 6.8% | 1.5% |
| Pharmaceuticals & Biotechnology | 5.5% | 2.6% |
| Finance | 5.4% | 1.6% |
| Retailing | 5.3% | 0.6% |
| IT - Software | 4.6% | 3.1% |
| Petroleum Products | 4.1% | 2.1% |
| Construction | 1.6% | 1.9% |
The six largest sectors of each fund's stocks, % of the fund.
Nippon India Retirement Fund- Wealth Creation Scheme vs UTI Retirement: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Nippon India Retirement Fund- Wealth Creation Scheme | UTI Retirement Fund |
|---|---|---|
| Total expense ratio (Direct) | 1.27% | 1.16% |
| Base expense ratio (Direct) | 0.87% | 0.94% |
| Total expense ratio (Regular) | 2.24% | 1.63% |
| Base expense ratio (Regular) | 1.69% | 1.36% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Nippon India Retirement Fund- Wealth Creation Scheme vs UTI Retirement Fund: Frequently Asked Questions
What is the difference between Nippon India Retirement Fund- Wealth Creation Scheme and UTI Retirement Fund?
Nippon India Retirement Fund- Wealth Creation Scheme is a mutual fund, UTI Retirement Fund is a Solution fund, run by Nippon India Mutual Fund and UTI Mutual Fund. Their portfolios overlap 17.8%. Nippon India Retirement Fund- Wealth Creation Scheme charges 1.27% a year and UTI Retirement Fund 1.16%.
Which has given higher returns, Nippon India Retirement Fund- Wealth Creation Scheme or UTI Retirement Fund?
Over 1 year: Nippon India Retirement Fund- Wealth Creation Scheme −8.68%, UTI Retirement Fund −1.80%. Over 3 years: Nippon India Retirement Fund- Wealth Creation Scheme +9.81% a year, UTI Retirement Fund +8.43% a year. Over 5 years: Nippon India Retirement Fund- Wealth Creation Scheme +9.35% a year, UTI Retirement Fund +8.14% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Nippon India Retirement Fund- Wealth Creation Scheme or UTI Retirement Fund?
UTI Retirement Fund charges less: 1.16% a year against 1.27%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Nippon India Retirement Fund- Wealth Creation Scheme and UTI Retirement Fund overlap?
17.8%. They hold 17 of the same securities, the largest shared ones being HDFCBANK, ICICIBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is better for SIP, Nippon India Retirement Fund- Wealth Creation Scheme or UTI Retirement Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,44,356 in Nippon India Retirement Fund- Wealth Creation Scheme (XIRR 7.8% a year) and ₹7,30,976 in UTI Retirement Fund (XIRR 7.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Nippon India Retirement Fund- Wealth Creation Scheme and UTI Retirement Fund?
Yes. 17.8% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.