{"id":244690,"date":"2026-09-11T16:15:05","date_gmt":"2026-09-11T10:45:05","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/"},"modified":"2026-09-11T16:15:05","modified_gmt":"2026-09-11T10:45:05","slug":"nippon-india-retirement-fund-income-generation-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/","title":{"rendered":"Nippon India Retirement Fund-Income Generation Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-retirement-fund-income-generation-g-direct-plan\">Nippon India Retirement Fund-Income Generation Direct Growth Plan<\/a> currently has a NAV of \u20b923.3851 as of 10 Sep 2026 and an AUM of \u20b9142 Cr. Its 1-year, 3-year and 5-year returns are 1.89%, 6.8% and 6.47%, and the scheme sits in the Medium Risk category. Our view is that this is a steady, income-oriented retirement scheme rather than a fast-growth choice, with returns that have been moderate and a portfolio dominated by government securities.<\/p>\n<p>The fund may suit investors who can stay invested through a 5-year lock-in and want relatively measured equity-style participation through a retirement structure. Its recent return pattern is softer than some peers, but the longer horizon has been more stable, which matters for investors who value consistency over sharp upside.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Nippon_India_Retirement_Fund-Income_Generation\" title=\"Should you BUY or HOLD Nippon India Retirement Fund-Income Generation?\">Should you BUY or HOLD Nippon India Retirement Fund-Income Generation?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/nippon-india-retirement-fund-income-generation-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b923.3851 as of 10 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9142 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.98%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>11 Feb 2015<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Solution Oriented<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Pranay Sinha, Ritesh Rathod, Kinjal Desai, Amber Singhania<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Pranay Sinha, Ritesh Rathod, Kinjal Desai, and Amber Singhania.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-1.54%<\/td>\n<td>-4.06%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.49%<\/td>\n<td>1.37%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>1.89%<\/td>\n<td>-7.31%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>6.8%<\/td>\n<td>6.07%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.47%<\/td>\n<td>5.91%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Recent performance has been uneven, but it has still held up better than the benchmark over the latest 1-year and 1-month periods. The 1-month return is negative, yet it is less weak than the benchmark, which tells us the fund has been more resilient in the latest stretch even if the absolute move has been modest.<\/p>\n<p>Over 3 years and 5 years, the fund has stayed slightly ahead of the benchmark, which supports the idea of a steady, not flashy, compounding profile. The gap is not wide, so we would read this as consistency rather than strong outperformance.<\/p>\n<p>The return pattern also suggests that the fund has had periods of softness followed by gradual recovery rather than a smooth upward climb. That is in line with a medium-risk scheme that is designed to balance stability with some growth potential, especially in a retirement wrapper.<\/p>\n<p>For an investor comparing it with the benchmark, the main point is that the fund has not protected upside dramatically, but it has avoided the sharper weakness seen in the benchmark during the latest year. That makes the 3-year and 5-year track record more relevant than the short-term dip.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Nippon_India_Retirement_Fund-Income_Generation\"><\/span>Should you BUY or HOLD Nippon India Retirement Fund-Income Generation?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Nippon India Retirement Fund-Income Generation? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-retirement-fund-income-generation-g-direct-plan\">Nippon India Retirement Fund-Income Generation Direct Growth Plan<\/a><\/td>\n<td>1.89%<\/td>\n<td>6.8%<\/td>\n<td>6.47%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-retirement-fund-30-g-direct-plan\">Aditya Birla SL Retirement Fund-30 Direct Growth Plan<\/a><\/td>\n<td>14.79%<\/td>\n<td>16.18%<\/td>\n<td>12.49%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-retirement-sav-fund-prog-plan-g-direct-plan\">Tata Retirement Sav Fund &#8211; Prog Plan Direct Growth Plan<\/a><\/td>\n<td>8.66%<\/td>\n<td>13.2%<\/td>\n<td>11.09%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-retirement-fund-hybrid-aggressive-plan-g-direct-plan\">ICICI Pru Retirement Fund-Hybrid Aggressive Plan Direct Growth Plan<\/a><\/td>\n<td>8.65%<\/td>\n<td>17.37%<\/td>\n<td>15.41%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-retirement-fund-pure-equity-plan-g-direct-plan\">ICICI Pru Retirement Fund-Pure Equity Plan Direct Growth Plan<\/a><\/td>\n<td>8.44%<\/td>\n<td>19.37%<\/td>\n<td>19.59%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-retirement-sav-fund-mod-plan-g-direct-plan\">Tata Retirement Sav Fund &#8211; Mod Plan Direct Growth Plan<\/a><\/td>\n<td>8.26%<\/td>\n<td>12.43%<\/td>\n<td>10.96%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The current fund\u2019s 1-year return is well below every peer listed here, while the longer-period numbers also trail the stronger retirement strategies in the table. Its 3-year and 5-year returns are both lower than the better-performing peers, even though they are positive and comparatively stable.<\/p>\n<p>What stands out is that the short-term story and the longer-term story both point in the same direction: this scheme has been more restrained than the peer set on available return data. That does not make it unsuitable, but it does mean investors are giving up the stronger growth profile seen in some retirement-focused equity or hybrid alternatives.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>7.06% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>30.55%<\/td>\n<\/tr>\n<tr>\n<td>6.68% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>16.89%<\/td>\n<\/tr>\n<tr>\n<td>8.13% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>15.89%<\/td>\n<\/tr>\n<tr>\n<td>8.17% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>4.9%<\/td>\n<\/tr>\n<tr>\n<td>Triparty Repo<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>4.57%<\/td>\n<\/tr>\n<tr>\n<td>6.94% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>3.5%<\/td>\n<\/tr>\n<tr>\n<td>ICICI Bank Limited<\/td>\n<td>Bank<\/td>\n<td>3.05%<\/td>\n<\/tr>\n<tr>\n<td>State Bank of India<\/td>\n<td>Bank<\/td>\n<td>2.23%<\/td>\n<\/tr>\n<tr>\n<td>8.3% Government of India<\/td>\n<td>Government Securities<\/td>\n<td>1.65%<\/td>\n<\/tr>\n<tr>\n<td>Reliance Industries Limited<\/td>\n<td>Crude Oil<\/td>\n<td>1.61%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top 10 holdings account for approximately 84.84% of the portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/nippon-india-retirement-fund-income-generation-g-direct-plan\">Nippon India Retirement Fund-Income Generation Direct Growth Plan<\/a> page<\/p>\n<p>The largest holding, 7.06% Government of India, carries a weight of 30.55%, which is large enough to have a clear influence on portfolio behaviour. The next few positions are also meaningful, especially the second and third government security lines, so the weight does not fall away gradually in tiny steps; it drops sharply from the leader to the rest of the pack.<\/p>\n<p>This pattern suggests a portfolio anchored by sovereign debt exposure rather than broad diversification across many unrelated themes. With 23 disclosed holdings and 84.84% concentrated in the displayed top 10, the fund may be more dependent on a small set of positions than a widely spread portfolio would be.<\/p>\n<p>That said, the mix still includes banks, cash, and Reliance Industries Limited alongside the government securities, so there is some spread beyond the dominant holdings. Even so, the portfolio is likely to have greater influence from the largest debt exposures than from the lower-weighted tail.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may appeal to investors with medium risk tolerance who can remain invested for the full retirement horizon and are comfortable with a 5-year lock-in. The Medium Risk tag, the modest but positive 3-year and 5-year returns, and the steady benchmark-beating trend point to a profile that is built more for discipline than for aggressive growth.<\/p>\n<p>It can fit investors who want a retirement scheme with a relatively stable government-securities core and are willing to accept that the upside may be more subdued than in many peer retirement funds. The main trade-off is between steadier behaviour and lower return potential versus the stronger long-term numbers posted by some peer schemes.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 10 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Nippon India Retirement Fund-Income Generation Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b923.3851 as of 10 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>Its 1-year return is 1.89%, the 3-year return is 6.8% and the 5-year return is 6.47%.<\/p>\n<p><strong>How does it compare with the benchmark?<\/strong><br \/>It has been ahead of the Nifty 50 over 1 year, 3 years and 5 years, although the lead is modest on the longer periods.<\/p>\n<p><strong>How does it compare with peer retirement funds on returns?<\/strong><br \/>Its 1-year, 3-year and 5-year returns are lower than the stronger peer numbers shown here, so the scheme looks more restrained on growth.<\/p>\n<p><strong>Is there a minimum SIP amount?<\/strong><br \/>Yes, the minimum SIP amount is \u20b9500.<\/p>\n<p><strong>What portfolio feature stands out most?<\/strong><br \/>The portfolio is dominated by government securities, with the largest holding at 30.55% and the top 10 holdings together accounting for approximately 84.84% of the portfolio.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund\u2019s recent return pattern is softer than the stronger peer numbers, but its 3-year and 5-year returns still stay positive and slightly ahead of the benchmark. The portfolio is heavily tilted toward government securities, which supports a steadier profile but also keeps the return potential more measured. In our view, it is better suited to investors who value a retirement structure with a stable core, a medium-risk posture and a willingness to accept more modest compounding than some peer alternatives.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 11 September 2026 at 4:11 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Nippon India Retirement Fund-Income Generation Direct Growth Plan\",\"identifier\":\"nippon-india-retirement-fund-income-generation-g-direct-plan\",\"category\":\"Solution Oriented\",\"dateCreated\":\"11 Feb 2015\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":23.3851,\"valueReference\":\"as of 10 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"142 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.98\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":1.89},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":6.8},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.47},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Pranay Sinha, Ritesh Rathod, Kinjal Desai, Amber Singhania\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Nippon India Retirement Fund-Income Generation Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b923.3851 as of 10 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is 1.89%, the 3-year return is 6.8% and the 5-year return is 6.47%.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has been ahead of the Nifty 50 over 1 year, 3 years and 5 years, although the lead is modest on the longer periods.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer retirement funds on returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year, 3-year and 5-year returns are lower than the stronger peer numbers shown here, so the scheme looks more restrained on growth.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, the minimum SIP amount is \u20b9500.\"}},{\"@type\":\"Question\",\"name\":\"What portfolio feature stands out most?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The portfolio is dominated by government securities, with the largest holding at 30.55% and the top 10 holdings together accounting for approximately 84.84% of the portfolio.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nippon India Retirement Fund-Income Generation Direct Growth Plan has a NAV of \u20b923.3851 as of 10 Sep 2026, a Medium Risk profile and 5Y return of 6.47%.<\/p>\n","protected":false},"author":38,"featured_media":244686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-244690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["244686"],"rank_math_title":["Nippon India Retirement Fund Review 2026"],"rank_math_description":["Nippon India Retirement Fund review 2026: NAV \u20b923.3851, 1Y 1.89%, 3Y 6.8%, 5Y 6.47%. 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