Nippon India Retirement Fund- Income Generation Scheme vs SBI Retirement Benefit Fund - Conservative Plan
Retirement Fund · Direct Plan – Growth · Compared on official AMFI NAV data · NAVs as of 14-Aug-2026
| Metric | Nippon India Retirement Fund- Income Generation Scheme | SBI Retirement Benefit Fund - Conservative Plan |
|---|---|---|
| Latest NAV | ₹23.78 | ₹15.11 |
| 1-Year Return | +2.72% | +2.54% |
| 3-Year Return (CAGR) | +8.04% | +7.64% |
| 5-Year Return (CAGR) | N/A | N/A |
| Volatility (1Y, annualised) | 5.3% | 4.4% |
| Max Drawdown | −4.9% | −4.4% |
| Fund House | Nippon India Mutual Fund | SBI Mutual Fund |
Growth of ₹10,000
If you had invested ₹10,000 in each fund
Embed this chart on your site (free)
Copy this code into your website or blog. It stays up to date automatically.
<iframe src="https://moneydock.in/embed/fund-compare/nippon-india-retirement-fund-income-generation-scheme-vs-sbi-retirement-benefit-fund-conservative-plan" width="100%" height="520" style="border:1px solid #e5e7eb;border-radius:12px;max-width:760px" title="Nippon India Retirement Fund- Income Generation Scheme vs SBI Retirement Benefit Fund - Conservative Plan by MoneyDock" loading="lazy"></iframe> <p style="font-size:12px">Powered by <a href="https://moneydock.in" target="_blank" rel="noopener">MoneyDock</a></p>
See the embed documentation for all widgets, sizing options and usage terms.
Nippon India Retirement Fund- Income Generation Scheme vs SBI Retirement Benefit Fund - Conservative Plan: which is better?
Nippon India Retirement Fund- Income Generation Scheme and SBI Retirement Benefit Fund - Conservative Plan are both retirement fund mutual funds (direct plan, growth option). This comparison uses each fund's official AMFI NAV history — the same daily data the fund houses publish — to compare returns, volatility and drawdowns side by side.
On 3-year returns (annualised), Nippon India Retirement Fund- Income Generation Scheme leads with +8.04% against +7.64% — a gap of about 0.39 percentage points per year over that period.
SBI Retirement Benefit Fund - Conservative Plan has been the steadier fund over the past year, with annualised volatility of 4.4% versus 5.3%. Looking at worst falls, Nippon India Retirement Fund- Income Generation Scheme's deepest drawdown in the stored history is −4.9% against −4.4% for SBI Retirement Benefit Fund - Conservative Plan.
Which fund suits you depends on your horizon and appetite for swings: the higher-return fund is only the better pick if you can hold through its rougher months. Use the ₹10,000 growth chart above to see how each fund actually behaved through market cycles, and consider consulting a SEBI-registered adviser before investing. This comparison is informational, not investment advice.
Key takeaways
- Nippon India Retirement Fund- Income Generation Scheme has delivered higher 3-year returns (+8.04% vs +7.64%).
- SBI Retirement Benefit Fund - Conservative Plan has shown lower volatility over the trailing year.
- SBI Retirement Benefit Fund - Conservative Plan has had the shallower maximum drawdown (−4.4%).
Frequently Asked Questions
Which fund has given higher returns — Nippon India Retirement Fund- Income Generation Scheme or SBI Retirement Benefit Fund - Conservative Plan?
Over the past 3 year period, Nippon India Retirement Fund- Income Generation Scheme has delivered higher returns: +8.04% versus +7.64% annualised. Past performance does not guarantee future results.
Which fund is less risky — Nippon India Retirement Fund- Income Generation Scheme or SBI Retirement Benefit Fund - Conservative Plan?
Based on the trailing year, SBI Retirement Benefit Fund - Conservative Plan has shown lower day-to-day volatility (Nippon India Retirement Fund- Income Generation Scheme: 5.3%, SBI Retirement Benefit Fund - Conservative Plan: 4.4% annualised). Volatility and drawdowns describe past behaviour, not future safety — both funds carry the market risk of their category.
Can I invest in both Nippon India Retirement Fund- Income Generation Scheme and SBI Retirement Benefit Fund - Conservative Plan?
Yes — many investors split a SIP across two funds. If both funds are from the same category, remember they will hold overlapping stocks, so diversification benefits may be smaller than they appear. Check each scheme's portfolio before doubling up within one category.
More Retirement Fund comparisons
Returns, volatility and drawdowns are computed from official AMFI NAV history for direct-growth plans and may differ slightly from fund-house factsheets due to date conventions. Mutual fund investments are subject to market risks. This comparison is for informational purposes only — not investment advice.