Nippon IndiaRetirement Fund Income Generation Scheme Direct Growth

Nippon IndiaRetirement Fund Income Generation Scheme Direct Growth is a Hybrid Mutual Fund Scheme launched by Nippon India Mutual Fund. This scheme was made available to investors on 30 Jun 1995. Sanjay Parekh, Anju Chajjer, Jahnvee Shah is the Current Fund Manager of Nippon IndiaRetirement Fund Income Generation Scheme Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹5,13,160 Cr and the Latest NAV as of 22 Oct 2024 is ₹22.15. The Nippon IndiaRetirement Fund Income Generation Scheme Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

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. ;