About Nippon India Retirement Fund- Income Generation Scheme
Nippon India Retirement Fund- Income Generation Scheme is a retirement fund managed by Nippon India Mutual Fund. Solution-oriented funds for retirement, with a lock-in of 5 years or until retirement age, whichever is earlier.
The investment objective of the scheme is 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. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
The scheme's stated objective, as published by Nippon India Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth Option | ₹23.1962 | 133569 |
| Direct | Bonus Option | ₹23.1962 | 133629 |
| Direct | IDCW Option | ₹23.1962 | 133570 |
| Regular | Growth Option | ₹20.1153 | 133572 |
| Regular | Bonus Option | ₹20.1153 | 133628 |
| Regular | IDCW Option | ₹20.1181 | 133571 |
Frequently asked questions
What is the NAV of Nippon India Retirement Fund- Income Generation Scheme today?
The NAV of Nippon India Retirement Fund- Income Generation Scheme (Direct plan, Growth) is ₹23.1962 and the Regular plan NAV is ₹20.1153, as of 18 Sept 2026.
What returns has Nippon India Retirement Fund- Income Generation Scheme given?
Over the last year the Direct plan returned 0.38%, and 6.36% a year over 3 years and 6.17% a year over 5 years. That places it 25 of 26 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Nippon India Retirement Fund- Income Generation Scheme?
The Direct plan charges 0.98% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Nippon India Retirement Fund- Income Generation Scheme?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹500 or more.
How much has Nippon India Retirement Fund- Income Generation Scheme fallen in the past?
Its deepest fall was 7.4% from 15 Nov 2021 to 17 Jun 2022. Of every one-year stretch in its history, 93% ended in a gain.
Which category does Nippon India Retirement Fund- Income Generation Scheme belong to?
It is a Retirement Fund from Nippon India Mutual Fund. Solution-oriented funds for retirement, with a lock-in of 5 years or until retirement age, whichever is earlier.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Nippon India Retirement Fund- Income Generation Scheme taxed?
How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.