NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME - IDCW Option

NIPPON INDIA RETIREMENT FUND - WEALTH CREATION SCHEME - IDCW Option ranks among the stronger performers in the Retirement Fund category, backed by a 4-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 80/100.

Cost: At 1.02%, the expense ratio is roughly in line with the Retirement Fund category average of 0.94% — cost isn't a standout factor either way for this fund.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.25 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, with 75.04% annualised volatility, this is among the more turbulent funds in its space — expect sharp swings in both directions.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Solution Oriented fund.