Nippon India Retirement Fund- Wealth Creation Scheme vs Union Retirement Fund
Nippon India Retirement Fund- Wealth Creation Scheme and Union Retirement Fund are both Retirement Funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +11.57% vs +13.52%, 5-year CAGR +10.18% vs —, volatility 15.27% vs 14.29%, maximum drawdown −44.92% vs −17.77%. Their portfolios overlap by 27.5% (17 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Nippon India Retirement Fund- Wealth Creation Scheme | Union Retirement | |
|---|---|---|
| Fund house | Nippon India Mutual Fund | Union Mutual Fund |
| Compared as | Retirement Funds | Retirement Funds |
| NAV | ₹32.2760 | ₹17.2300 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 13 Feb 2015 | 29 Sep 2022 |
| Track record | 11.7 yrs | 4.1 yrs |
| Fund size (AUM) | ₹2,939 Cr | ₹207 Cr |
| Securities held | 72 | 80 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Nippon India Retirement Fund- Wealth Creation Scheme | Union Retirement | |
|---|---|---|
| 1 month | +3.10% | +2.26% |
| 3 months | −3.56% | −2.87% |
| 6 months | −0.93% | +0.76% |
| 1 year | −2.50% | +2.93% |
| 3 years (CAGR) | +11.57% | +13.52% |
| 5 years (CAGR) | +10.18% | — |
| 7 years (CAGR) | +12.57% | — |
| 10 years (CAGR) | +11.70% | — |
| Since launch (CAGR) | +10.47% | +15.36% |
| SIP return (XIRR, 5 years) ⓘ | +9.97% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Nippon India Retirement Fund- Wealth Creation Scheme | Union Retirement | |
|---|---|---|
| 2026 (year to date) | −1.44% | +2.07% |
| 2025 | +2.00% | +7.45% |
| 2024 | +21.64% | +18.75% |
| 2023 | +32.38% | +32.30% |
| 2022 | +2.66% | — |
| 2021 | +33.45% | — |
Risk
| Nippon India Retirement Fund- Wealth Creation Scheme | Union Retirement | |
|---|---|---|
| Volatility (annualised) ⓘ | 15.27% | 14.29% |
| Downside volatility ⓘ | 10.70% | 10.06% |
| Sharpe ratio ⓘ | 0.33 | 0.49 |
| Sortino ratio ⓘ | 0.48 | 0.70 |
| Maximum drawdown ⓘ | −44.92% | −17.77% |
| Recovery from that fall | 10 months | 8 months |
| Current fall from peak | −5.87% | −3.42% |
| Rolling 1-year return: worst | −40.91% | −5.01% |
| Rolling 1-year return: median | +7.74% | +10.97% |
| Rolling 1-year return: best | +88.98% | +45.97% |
| Share of 1-year periods with a loss | 24.18% | 3.40% |
Against each fund's benchmark
| Nippon India Retirement Fund- Wealth Creation Scheme | Union Retirement | |
|---|---|---|
| Beta ⓘ | 1.00 | 0.94 |
| Alpha (Jensen's, annualised) ⓘ | +1.37% | +3.45% |
| R² ⓘ | 93.35 | 90.35 |
| Upside capture | 106.56% | 105.72% |
| Downside capture | 101.43% | 87.27% |
| Tracking error | 3.96% | 4.63% |
| Information ratio | 0.35 | 0.78 |
| Treynor ratio | 3.36 | 5.96 |
Portfolio
Asset mix
| Nippon India Retirement Fund- Wealth Creation Scheme | Union Retirement | |
|---|---|---|
| Equity | 98.95% | 97.85% |
| Cash & equivalents | 1.05% | 2.08% |
| Debt | 0.00% | 0.07% |
Market-cap split (share of fund assets)
| Nippon India Retirement Fund- Wealth Creation Scheme | Union Retirement | |
|---|---|---|
| Large Cap | 61.55% | 46.79% |
| Mid Cap | 26.05% | 20.48% |
| Small Cap | 10.25% | 30.58% |
| Unclassified | 1.10% | 0.00% |
Concentration
| Nippon India Retirement Fund- Wealth Creation Scheme | Union Retirement | |
|---|---|---|
| Top 10 holdings | 40.28% | 27.49% |
| Effective number of stocks ⓘ | 38.1 | 57.7 |
| Securities held | 72 | 80 |
Portfolio overlap: 27.5%
17 companies are held by both funds; by weight, 27.5% of the two portfolios is the same. That is a moderate overlap.
| Held by both | Nippon India Retirement Fund- Wealth Creation Scheme | Union Retirement |
|---|---|---|
| ICICI Bank Limited | 6.89% | 5.76% |
| HDFC Bank Limited | 7.72% | 4.29% |
| Reliance Industries Limited | 4.14% | 2.10% |
| Axis Bank Limited | 4.17% | 2.08% |
| State Bank of India | 2.94% | 1.77% |
| Infosys Limited | 3.72% | 1.52% |
| Eternal Limited | 1.52% | 2.17% |
| Max Financial Services Limited | 1.29% | 1.16% |
| Cholamandalam Investment and Finance Company Ltd | 1.51% | 1.06% |
| Varun Beverages Limited | 1.91% | 1.05% |
| Titan Company Limited | 1.03% | 1.55% |
| TVS Motor Company Ltd. | 0.98% | 0.80% |
| Shriram Finance Limited | 0.76% | 1.24% |
| Tata Motors Ltd | 0.72% | 0.92% |
| Blue Star Limited | 1.29% | 0.71% |
Top 10 holdings
Nippon India Retirement Fund- Wealth Creation Scheme
- HDFC Bank Limited7.72%
- ICICI Bank Limited6.89%
- Axis Bank Limited4.17%
- Reliance Industries Limited4.14%
- Infosys Limited3.72%
- Mahindra & Mahindra Limited3.27%
- JSW Energy Limited3.03%
- State Bank of India2.94%
- Alkem Laboratories Limited2.26%
- Hindustan Aeronautics Limited2.14%
Union Retirement
- ICICI Bank Limited5.76%
- HDFC Bank Limited4.29%
- Multi Commodity Exchange of India Limited2.72%
- Solar Industries India Limited2.53%
- Eternal Limited2.17%
- Reliance Industries Limited2.10%
- Axis Bank Limited2.08%
- Navin Fluorine International Limited2.00%
- S.J.S. Enterprises Limited1.97%
- Azad Engineering Ltd1.87%
Sector exposure
| Nippon India Retirement Fund- Wealth Creation Scheme | Union Retirement | |
|---|---|---|
| Banks | 21.97% | 17.03% |
| Capital Markets | 1.91% | 6.79% |
| Power | 6.75% | 1.80% |
| Electrical Equipment | 2.03% | 6.25% |
| Chemicals & Petrochemicals | 0.00% | 5.77% |
| Auto Components | 2.96% | 5.73% |
| Consumer Durables | 3.24% | 5.61% |
| Pharmaceuticals & Biotechnology | 5.48% | 4.11% |
| Finance | 5.44% | 2.89% |
| Retailing | 5.28% | 4.67% |
| IT - Software | 4.58% | 4.46% |
| Automobiles | 4.25% | 3.59% |
| Petroleum Products | 4.14% | 2.10% |
| Beverages | 3.50% | 1.05% |
Questions people ask
What is the difference between Nippon India Retirement Fund- Wealth Creation Scheme and Union Retirement returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −2.50% vs +2.93%; 3-year CAGR +11.57% vs +13.52%; 5-year CAGR +10.18% vs —; 10-year CAGR +11.70% vs —. Past returns do not indicate future returns.
How do Nippon India Retirement Fund- Wealth Creation Scheme and Union Retirement compare on risk?
Volatility (36 monthly returns, annualised) 15.27% vs 14.29%; Sharpe ratio 0.33 vs 0.49; Sortino ratio 0.48 vs 0.70; maximum drawdown −44.92% vs −17.77%; beta 1.00 vs 0.94.
How much do Nippon India Retirement Fund- Wealth Creation Scheme and Union Retirement overlap?
By weight, 27.5% of the two portfolios is invested in the same companies; 17 stocks are held by both, the largest shared positions being ICICI Bank Limited, HDFC Bank Limited, Reliance Industries Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Nippon India Retirement Fund- Wealth Creation Scheme and Union Retirement?
Nippon India Retirement Fund- Wealth Creation Scheme: large cap 61.6%, mid cap 26.1%, small cap 10.3%. Union Retirement: large cap 46.8%, mid cap 20.5%, small cap 30.6% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.