Nippon India Retirement Fund- Income Generation Scheme

Direct and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Nippon India Retirement Fund- Income Generation Scheme is a mutual fund run by Nippon India Mutual Fund. On 30-09-2026, it managed ₹138 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.4% a year and its Regular plan returned 5.3% a year.

NAV (Direct plan): ₹22.75; ▼ 0.14%30-10-2026
NAV (Regular plan): ₹19.70; ▼ 0.14%30-10-2026
Expense ratio: 0.98%Direct2.11%Regular; 0.98%; A year
Riskometer: Not available; Set by the fund house
3 year return: 6.4%Direct5.3%Regular; 6.4%; A year

Nippon India Retirement Fund- Income Generation Scheme NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹22.75 (down 0.14% that day); Regular Plan Growth ₹19.70 (down 0.14% that day).

This fund (Direct plan)

₹22.7502

Nippon India Retirement Fund- Income Generation Scheme Returns

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−0.70%	−3.53%	+0.12%	−1.77%	+6.39%	+5.81%	+6.84%
This fund (Regular)	−0.80%	−3.80%	−0.43%	−2.84%	+5.25%	+4.66%	+5.58%
Category average	--	--	--	--	--	--	--
Best in category	--	--	--	--	--	--	--
Worst in category	--	--	--	--	--	--	--
Rank in category	--	--	--	--	--	--	--

No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. The fund house names no benchmark we can show.

Nippon India Retirement Fund- Income Generation Scheme Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	−1.89%	−2.78%
2025	+4.43%	+3.28%
2024	+12.34%	+11.19%
2023	+11.45%	+10.23%
2022	+3.07%	+1.93%
2021	+6.01%	+4.69%

Nippon India Retirement Fund- Income Generation Scheme Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,106 periods, one for each trading day from 14-02-2018 to 30-10-2026.

0%5%10%15%

Oct 2015
to
Oct 2018Apr 2017
to
Apr 2020Oct 2018
to
Oct 2021Apr 2020
to
Apr 2023Sept 2021
to
Sept 2024Feb 2023
to
Feb 2026

Nippon India Retirement Fund- Income Generation Scheme (Direct)

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	2,589	8.1%	−3.4%	18.5%	7%
2 years	2,349	8.2%	1.0%	14.9%	0%
3 years	2,106	8.1%	4.1%	12.6%	0%
5 years	1,623	8.2%	5.2%	10.2%	0%
7 years	1,140	8.1%	6.9%	9.5%	0%
10 years	412	8.3%	6.8%	8.9%	0%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss
1 year	129	8.2%	−6.7%	21.8%	11%
2 years	117	8.7%	−0.7%	15.7%	1%
3 years	105	7.9%	2.7%	13.2%	0%
5 years	81	8.2%	5.4%	10.8%	0%
7 years	57	7.8%	6.1%	10.1%	0%
10 years	21	8.2%	6.7%	9.0%	0%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. Past returns do not promise future returns.

Nippon India Retirement Fund- Income Generation Scheme Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Nippon India Retirement Fund- Income Generation Scheme (Direct)This fund
Return (CAGR)	−1.77%
Standard deviation	5.34%
Sharpe ratio	-1.31
Sortino ratio	-1.76
Maximum drawdown	−4.9% (02-04-2026)

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.

Measure	Nippon India Retirement Fund- Income Generation Scheme (Direct)This fund
Return (CAGR)	+6.39%
Standard deviation	4.56%
Sharpe ratio	0.08
Sortino ratio	0.11
Maximum drawdown	−4.9% (02-04-2026)

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.

Measure	Nippon India Retirement Fund- Income Generation Scheme (Direct)This fund
Return (CAGR)	+5.81%
Standard deviation	4.64%
Sharpe ratio	0.00
Sortino ratio	0.00
Maximum drawdown	−7.4% (17-06-2022)

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.

Measure	Nippon India Retirement Fund- Income Generation Scheme (Direct)This fund
Return (CAGR)	+6.84%
Standard deviation	4.92%
Sharpe ratio	0.29
Sortino ratio	0.41
Maximum drawdown	−7.4% (17-06-2022)

From daily NAVs, 28-10-2016 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.

Measure	Nippon India Retirement Fund- Income Generation Scheme (Direct)This fund
Return (CAGR)	+7.26%
Standard deviation	4.82%
Sharpe ratio	0.34
Sortino ratio	0.47
Maximum drawdown	−7.4% (17-06-2022)

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.

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.

−8%−6%−4%−2%0%

201620182020202220242026

Nippon India Retirement Fund- Income Generation Scheme (Direct)

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Nippon India Retirement Fund- Income Generation Scheme (Direct)	−7.4%	15-11-2021	17-06-2022	07-09-2022	3 months	−4.3%

From the Direct plan's daily NAV since 13-02-2015, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.

Nippon India Retirement Fund- Income Generation Scheme Expense Ratio and Costs

What each plan charges a year, in force from 01-09-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio
Direct	0.83%	0.00%	0.00%	0.15%	0.98%
Regular	1.79%	0.00%	0.00%	0.32%	2.11%

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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	−2.84%	−1.77%	1.07%	₹97,160	₹98,230
3 years	5.25%	6.39%	1.14% a year	₹1,16,591	₹1,20,421
5 years	4.66%	5.81%	1.15% a year	₹1,25,575	₹1,32,627
10 years	5.58%	6.84%	1.26% a year	₹1,72,114	₹1,93,793

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

Nippon India Retirement Fund- Income Generation Scheme SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹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
Direct planNippon India Retirement Fund- Income Generation Scheme (Direct)	₹14,10,000	₹21,33,481	₹7,23,481	6.8%
Regular planNippon India Retirement Fund- Income Generation Scheme (Regular)	₹14,10,000	₹19,74,190	₹5,64,190	5.6%

₹0₹5.0 L₹10.0 L₹15.0 L₹20.0 L₹25.0 L

201620182020202220242026

Direct planNippon India Retirement Fund- Income Generation Scheme (Direct)Regular planNippon India Retirement Fund- Income Generation Scheme (Regular)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- Income Generation Scheme Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

74.9%Debt

Asset	Fund
Debt	74.9%
Equity	19.2%
Cash and others	5.9%

Market cap of stocks

Market cap	Fund
Large Cap	17.2%
Mid Cap	0.9%
Small Cap	1.0%

Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund.

Rating	Fund
Sovereign	74.9%

Nippon India Retirement Fund- Income Generation Scheme Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks7.6%
Petroleum Products1.5%
Auto Components1.3%
Construction1.3%
Power1.1%
IT - Software1.1%
Consumer Durables1.0%
Retailing1.0%
Automobiles0.8%
Industrial Products0.7%

The ten largest of 15 sectors. The other 5 add up to 1.6%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	7.8%	8.0%	7.6%	−0.2%
Petroleum Products	1.6%	1.6%	1.5%	−0.1%
Auto Components	1.2%	1.4%	1.3%	+0.1%
Construction	1.3%	1.3%	1.3%	0.0%
Power	1.1%	1.1%	1.1%	0.0%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

Nippon India Retirement Fund- Income Generation Scheme Portfolio Holdings

As on 30-09-2026 · 28 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
7.06% Government of India · Government security	SOVEREIGN	30.72%
6.68% Government of India · Government security	SOVEREIGN	17.08%
8.13% Government of India · Government security	SOVEREIGN	16.12%
8.17% Government of India · Government security	SOVEREIGN	4.98%
6.36% Government of India · Government security	SOVEREIGN	3.55%
ICICI Bank Limited	Banks	2.87%	0.0%
State Bank of India	Banks	2.08%	0.0%
8.3% Government of India · Government security	SOVEREIGN	1.66%
HDFC Bank Limited	Banks	1.54%	0.0%
Reliance Industries Limited	Petroleum Products	1.54%	0.0%
Larsen & Toubro Limited	Construction	1.29%	0.0%
Axis Bank Limited	Banks	1.15%	0.0%
Samvardhana Motherson International Limited	Auto Components	1.13%	0.0%
NTPC Limited	Power	1.11%	0.0%
Eternal Limited	Retailing	0.99%	0.0%
Mahindra & Mahindra Limited	Automobiles	0.85%	0.0%
8.83% Government of India · Government security	SOVEREIGN	0.82%
Dixon Technologies (India) Limited	Consumer Durables	0.71%	0.0%
Cummins India Limited	Industrial Products	0.69%	0.0%
Infosys Limited	IT - Software	0.66%	0.0%
Mishra Dhatu Nigam Limited	Aerospace & Defense	0.44%	0.0%
Tata Consultancy Services Limited	IT - Software	0.44%	0.0%
SBI Life Insurance Company Limited	Insurance	0.43%	0.0%
Crompton Greaves Consumer Electricals Limited	Consumer Durables	0.30%	0.0%
Kaynes Technology India Limited	Industrial Manufacturing	0.28%	0.0%
Sun Pharmaceutical Industries Limited	Pharmaceuticals & Biotechnology	0.26%	0.0%
Tube Investments of India Limited	Auto Components	0.21%	0.0%
Apollo Hospitals Enterprise Limited	Healthcare Services	0.18%	0.0%

Nippon India Retirement Fund- Income Generation Scheme Stocks Bought and Sold

All changes are between August 2026 and September 2026

No stocks were bought or sold in September 2026.

What Nippon India Retirement Fund- Income Generation Scheme bought and sold

Nippon India Retirement Fund- Income Generation Scheme Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Nippon India Nivesh Lakshya Long Term FundLong Duration · Nippon India	34.7%	6	Compare
Canara Robeco Flexi Cap FundFlexi Cap · Canara Robeco	17.5%	17	Compare
Nippon India Flexi Cap FundFlexi Cap · Nippon India	17.5%	18	Compare
Nippon India Aggressive Hybrid FundAggressive Hybrid · Nippon India	17.2%	18	Compare
Franklin India Multi-Factor FundThematic · Franklin Templeton	17.2%	16	Compare
Bandhan 10 year Constant Maturity Gilt FundGilt · Bandhan	17.1%	1	Compare
Axis Retirement Fund - Dynamic PlanSolution · Axis	17.1%	17	Compare
Nippon India Large Cap FundLarge Cap · Nippon India	17.1%	15	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

Nippon India Retirement Fund- Income Generation Scheme Overview

Fund facts from the scheme summary document

Expense ratio (Direct): 0.98%
Expense ratio (Regular): 2.11%
Category: Not available
Risk: Not available
Benchmark: Not available
Launch date: Not available
Minimum investment: Not available
Minimum additional investment: Not available
AUM: ₹138.31 Cr (30-09-2026)
Lock in: Not available
Scheme code (Direct): 133569
ISIN (Direct): INF204KA1C30
Scheme code (Regular): 133572
ISIN (Regular): INF204KA1C22
NAV history: From 13-02-2015, 11.7 years

Exit load: Not available

Tax on Nippon India Retirement Fund- Income Generation Scheme returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Bonus	₹22.7502	30-10-2026
direct	Growth	₹22.7502	30-10-2026
direct	IDCW	₹22.7502	30-10-2026
regular	Bonus	₹19.703	30-10-2026
regular	Growth	₹19.703	30-10-2026
regular	IDCW	₹19.7057	30-10-2026

About Nippon India Retirement Fund- Income Generation Scheme

Nippon India Retirement Fund- Income Generation Scheme is a mutual fund from Nippon India Mutual Fund. At the end of September 2026 it held 28 securities.

Fund Manager

Not available

See all funds of Nippon India Mutual Fund

AUM change

September 2026: ₹138.31 Cr; −3.19% from August 2026
August 2026: ₹142.87 Cr; −0.83% from July 2026
July 2026: ₹144.07 Cr; −0.26% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Nippon India Retirement Fund- Income Generation Scheme with Other Funds

Returns, risk, costs and the stocks they share, side by side

Compare with any other fund

Frequently Asked Questions for Nippon India Retirement Fund- Income Generation Scheme

What is the current NAV of Nippon India Retirement Fund- Income Generation Scheme?

The Direct plan NAV is ₹22.7502. The Regular plan NAV is ₹19.703, as on 30-10-2026.

What are the returns of Nippon India Retirement Fund- Income Generation Scheme?

The Direct plan returned −1.77% in 1 year, +6.39% a year over 3 years, +5.81% a year over 5 years. The Regular plan returned −2.84% in 1 year, +5.25% a year over 3 years, +4.66% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Nippon India Retirement Fund- Income Generation Scheme?

The Direct plan charges 0.98% a year. The Regular plan charges 2.11% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.

What is the AUM of Nippon India Retirement Fund- Income Generation Scheme?

Nippon India Retirement Fund- Income Generation Scheme managed ₹138.31 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Nippon India Retirement Fund- Income Generation Scheme?

At the end of September 2026 the largest holdings were 7.06% Government of India (30.72%), 6.68% Government of India (17.08%), 8.13% Government of India (16.12%), 8.17% Government of India (4.98%), 6.36% Government of India (3.55%). The fund held 28 securities in all.

How do I invest in Nippon India Retirement Fund- Income Generation Scheme?

Through Nippon India Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. You can invest once or through a monthly SIP.

What is the difference between the Direct and Regular plan of Nippon India Retirement Fund- Income Generation Scheme?

Both plans hold the same investments. The Regular plan pays a commission to the distributor who sold it, so it charges more. The Direct plan charges 0.98% a year and the Regular plan 2.11%. The lower charge is why the Direct plan's NAV is higher.

Which sectors does Nippon India Retirement Fund- Income Generation Scheme invest in?

At the end of September 2026 its largest sectors were Banks (7.64%), Petroleum Products (1.54%), Auto Components (1.34%).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its 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.