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

We don't give personal investment advice. Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 7.4%. 5-year CAGR: 6.55%.

Nippon India

Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option

Latest NAV

₹22.6936

As of

3 Jun 2026

2,729 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.12%	+0.23%	-0.11	20 / 30	Q3
1W	+0.07%	-0.92%	+1.00	3 / 30	Q1
2W	+0.56%	+0.19%	+0.37	5 / 30	Q1
1M	-0.26%	-0.65%	+0.39	11 / 30	Q2
3M	-1.47%	-0.23%	-1.24	20 / 30	Q3
6M	-2.17%	-2.18%	+0.02	14 / 30	Q2
YTD	-2.07%	-2.35%	+0.27	13 / 30	Q2
1Y	-2.21%	+1.26%	-3.47	25 / 30	Q4
2Y	+3.79%	+4.77%	-0.97	19 / 30	Q3
3Y	+6.71%	+11.65%	-4.94	23 / 27	Q4
4Y	+8.34%	+11.78%	-3.44	21 / 26	Q4
5Y	+6.55%	+10.27%	-3.73	23 / 26	Q4
7Y	+7.15%	+10.86%	-3.71	16 / 19	Q4
10Y	+7.81%	+11.27%	-3.46	10 / 11	Q4
Inception	+7.52%	+11.15%	-3.63	24 / 30	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-2.07%	-2.35%	+0.27	13 / 30
2025	+4.50%	+5.89%	-1.38	23 / 30
2024	+12.51%	+15.71%	-3.20	17 / 28
2023	+11.06%	+21.10%	-10.04	24 / 27
2022	+3.07%	+2.72%	+0.35	11 / 26
2021	+5.93%	+18.09%	-12.17	18 / 22
2020	+11.73%	+13.07%	-1.34	15 / 22
2019	+9.38%	+8.63%	+0.76	4 / 11
2018	+5.74%	-0.39%	+6.14	1 / 11
2017	+6.65%	+26.41%	-19.76	10 / 11
2016	+11.86%	+7.01%	+4.85	2 / 8

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+8.24%

126 windows

min -3.1% · max 16.8%

91% positive

3-Year rolling

+8.14%

102 windows

min 4.8% · max 12.2%

100% positive

5-Year rolling

+8.12%

77 windows

min 5.5% · max 9.7%

100% positive

7-Year rolling

+8.10%

53 windows

min 7.1% · max 9.5%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

5.06%

3-year · annualised

Sharpe ratio

0.03

vs risk-free 6.5%

Sortino ratio

0.05

Downside-only deviation

Max drawdown

-4.93%

Nov 2025 → Apr 2026

% positive months

72.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Retirement Fund

Scheme	Fund house	NAV	As of
HDFC Retirement Savings Fund - Equity Plan - Growth Option - Direct Plan	HDFC	₹53.5320	3 Jun 2026
Nippon India Retirement Fund- Income Generation Scheme- Direct Plan-Growth Plan- Bonus Option	Nippon India	₹22.6936	3 Jun 2026
SBI Retirement Benefit Fund - Aggressive Hybrid Plan - Direct Plan - Growth	SBI	₹19.7204	3 Jun 2026
ICICI Prudential Retirement Fund - Hybrid Aggressive - Direct Plan - Growth Option	ICICI Prudential	₹30.3700	3 Jun 2026
Bandhan Retirement Fund - Direct Plan - Growth	Bandhan	₹12.8150	3 Jun 2026
Aditya Birla Sun Life Retirement Fund-The 30s Plan-Direct Growth	Aditya Birla Sun Life	₹23.5840	3 Jun 2026
Franklin India Retirement Fund - Direct - Growth	Franklin India	₹235.8290	3 Jun 2026
Baroda BNP Paribas Retirement Fund - Direct plan - Growth option	Baroda BNP Paribas	₹11.4604	3 Jun 2026
PGIM India Retirement Fund - Direct Plan - Growth Option	PGIM India	₹11.9600	3 Jun 2026
Axis Retirement Fund - Aggressive Plan - Direct Growth	Axis	₹19.4100	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹22.6936
2 Jun 2026	₹22.7311
1 Jun 2026	₹22.7046
29 May 2026	₹22.7608
27 May 2026	₹22.7922
26 May 2026	₹22.7147
25 May 2026	₹22.8047
22 May 2026	₹22.6501
21 May 2026	₹22.6033
20 May 2026	₹22.6217

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option is ₹22.6936. It's a Retirement Fund from Nippon India, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option has NAV history starting from 13 Feb 2015, a track record of about 11 years 3 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option is managed by Nippon India. It's classified by AMFI under the 'Retirement Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option has delivered a absolute return of -2.21% — -3.47 pp behind the Retirement Fund category average of 1.26%. The fund ranks #25 of 30 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option has delivered a CAGR of 6.71% — -4.94 pp behind the Retirement Fund category average of 11.65%. The fund ranks #23 of 27 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option has delivered a CAGR of 6.55% — -3.73 pp behind the Retirement Fund category average of 10.27%. The fund ranks #23 of 26 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option exactly 10 years ago would be worth approximately ₹212,134 today — a multiplier of 2.12×, based on the 10-year CAGR of 7.81%. The category average over the same window would have grown ₹1 lakh to ₹290,946.

A ₹10,000 monthly SIP in Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹699,386 today. That's an XIRR (money-weighted annualised return) of 6.06%.

A ₹10,000 monthly SIP for 10 years in Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option = ₹1,200,000 invested. It would currently be worth ₹1,727,103 (multiplier 1.44×). XIRR: 7.07%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option ranks #23 out of 26 funds in the Retirement Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 10.27%; this fund delivered 6.55%.

The worst peak-to-trough decline Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option has experienced over the last 5-year window is 7.40% — its NAV fell from a high on 15 Nov 2021 to a low on 17 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option averaged 8.12% (best 9.68%, worst 5.51%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.00 — weak risk-adjusted performance.

In calendar year 2025, Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option returned 4.50% — lagging the Retirement Fund category average of 5.89% by 1.38 pp. It ranked #23 of 30 in its category that year.

Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 7.4%. 5-year CAGR: 6.55%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Nippon India Retirement Fund- Income Generation Scheme- Direct Plan- Growth Plan - Growth Option

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Retirement Fund

Recent NAVs

Frequently asked questions

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