HDFC Retirement Fund - Hybrid-Equity Regular Growth NAV today
AMFI: 136463ISIN: INF179KB1MI4MUTF_IN: HDFC_RETI_HYBR_1DMQQ63HDFC Mutual FundRetirement funds
Formerly HDFC Retirement Savings Fund - Hybrid - Equity
NAV ₹35.3090down ₹0.23 (0.65%)
NAV for 23 Oct 2026, against 22 Oct 2026. Declared once a day.
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month.
- ₹1,530 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it.
- 2.13%18 Oct 2026
- P/EP/E. What the fund pays for each rupee of yearly profit its companies earn: the total value of its shares divided by those companies' last four quarters of profit, each in proportion to what the fund holds. The profit leaves out one-off items (exceptional items and businesses sold or demerged), so one company's one-off gain cannot make the fund look cheap. A loss-making company lowers the profit. Shown when at least 80% of the fund's shares are counted.
- 19.530 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Very HighAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures.
- 7330 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 25 Feb 2016
HDFC Retirement Fund - Hybrid-Equity returns
Regular Growth plan
Over each window to 23 Oct 2026
| Over | ReturnTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. |
|---|---|---|---|---|---|
| 1 week | −2.32% | – | – | – | – |
| 1 month | −3.20% | – | 10 of 29 | −4.07% | −7.7% to −2.8% |
| 3 months | −4.46% | – | 16 of 29 | −4.46% | −5.8% to −2.8% |
| 6 months | −5.11% | – | 24 of 29 | −2.78% | −3.7% to −1.2% |
| 1 year | −10.33% | −3.96%to 30 Sep 2026 | 27 of 29 | −4.88% | −6.6% to −2.6% |
| 3 years | +5.66% | +6.09%to 30 Sep 2026 | 21 of 27 | +6.82% | +5.7% to +8.6% |
| 5 years | +6.91% | +6.12%to 30 Sep 2026 | 10 of 25 | +6.34% | +5.1% to +7.4% |
| 10 years | +10.30% | +10.07%to 30 Sep 2026 | 3 of 10 | +8.54% | +6.5% to +10.3% |
₹10,000 put in on 26 Feb 2016 is ₹35,309 at the NAV of 23 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load.Over a year and longer, a return is the yearly rate. Benchmark: NIFTY 50 Hybrid Composite Debt 65:35 Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Regular plans of Retirement funds, each fund's return to its latest NAV on or before 25 Oct 2026.
At the month end, 30 Sep 2026
| Over | FundTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. |
|---|---|---|
| 1 year | −6.68% | −3.96% |
| 3 years | +5.54% | +6.09% |
| 5 years | +7.40% | +6.12% |
| 10 years | +10.85% | +10.07% |
| Since launch | +12.78% | +11.29% |
Benchmark: NIFTY 50 Hybrid Composite Debt 65:35 Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Regular GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
- Loss
Highest year to Dec 2017, +28.8%; lowest year to Dec 2018, −0.5%
HDFC Retirement Fund - Hybrid-Equity SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 23 Oct 2026
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,12,771₹1,12,766 after stamp duty | −11.43% | −11.44% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,47,374₹3,47,356 after stamp duty | −2.34% | −2.34% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹6,71,928₹6,71,894 after stamp duty | +4.51% | +4.51% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹19,61,140₹19,61,092 after stamp duty | +9.53% | +9.53% | ₹38 | |
| Since Feb 2016128 instalments | ₹12,80,000 | ₹22,04,536₹22,04,488 after stamp duty | +9.84% | +9.83% | ₹38 |
Rolling returns
Per cent a year, every window from 26 Feb 2016 to 23 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The worst yearly return of any window of this length in the fund's history, one window starting on each day it priced.AverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history.HighestHighest rolling return. The best yearly return of any window of this length in the fund's history.Ended higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started.
1 year2,380 windows−23.1%+13.3%+67.8%84.4%
3 years1,886 windows−2.1%+13.3%+26.9%99.1%
5 years1,393 windows+6.7%+14.1%+23.3%100.0%
10 yearsLaunched 25 Feb 2016, needs 11 years of history
Every 5-year window ended higher than it started.
HDFC Retirement Fund - Hybrid-Equity expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio.
- 1.01 ptsA year, on 18 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 1.12%Over the last 30 days filed
- Regular, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies.
- 2.13%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.58%, Feb 2019.Direct plan lowest 0.90%, May 2025.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. | 0.92% | 1.81% |
| Brokerage | 0.01% | 0.01% |
| Transaction costs | None | None |
| Statutory levies | 0.19% | 0.31% |
Per cent of assets a year, filed for 18 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
Fresh investments by investors including SIP / STP registrations, etc effective June 2, 2018: Exit Load (Upon completion of lock-in period): Nil Existing investments by investors including SIP / STP registrations, etc until June 1, 2018: Exit Load (Upon completion of lock-in period of 5 years) In respect of each purchase/switch-in of units offered under the respective Investment Plan(s) • An Exit Load of 1% is payable if Units are redeemed/ switched-out before completion of 60 years of age • No Exit Load is payable if Units are redeemed / switched-out on or after attainment of 60 years of age.MoreLess
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹100
- Minimum top-up
- ₹100
- Minimum redemption
- ₹100
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold.
- 5 years, or until retirement age if sooner
As listed for this plan on 24 Oct 2026.
HDFC Retirement Fund - Hybrid-Equity AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹1,603 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors.
- 13.2%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹1,731 Cr, quarter to Dec 2025.
Assets at each month end
Highest ₹1,748 Cr, Nov 2025.Lowest ₹228 Cr, Feb 2019.
HDFC Retirement Fund - Hybrid-Equity portfolio
Portfolio disclosed for 30 Sep 2026.
Holdings on 30 Sep 2026
| Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month. | Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. | ||||
|---|---|---|---|---|---|---|
| ICICI BankBanks | Shares | Large cap5th | 6.05% | 92.52 | 7,00,000 | Apr 2021or earlier |
| HDFC BankBanks | Shares | Large cap2nd | 5.56% | 85.04 | 12,00,000 | Apr 2021or earlier |
| Bajaj Finance Ltd.CRISIL - AAA, repaid 2 May 2034 | Bonds and bills | 4.46% | 68.29 | 7,000 | Sep 2025 | |
| Kotak Mahindra BankBanks | Shares | Large cap16th | 3.54% | 54.21 | 13,00,000 | Mar 2023 |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 3.49% | 53.42 | 4,50,000 | Apr 2021or earlier |
| Axis BankBanks | Shares | Large cap15th | 3.21% | 49.04 | 4,00,000 | Apr 2021or earlier |
| State Bank of IndiaBanks | Shares | Large cap4th | 3.14% | 47.98 | 5,00,000 | Apr 2021or earlier |
| Maruti Suzuki IndiaAutomobiles | Shares | Large cap12th | 2.35% | 35.90 | 30,000 | May 2024 |
| Bharti AirtelTelecom - Services | Shares | Large cap3rd | 2.30% | 35.14 | 2,00,000 | Jan 2022 |
| 7.26% GOI MAT 220832Sovereign, 7.26% coupon, repaid 22 Aug 2032 | Bonds and bills | 1.98% | 30.27 | 30,00,000 | Mar 2023 | |
| 6.1% GOI MAT 120731Sovereign, 6.10% coupon, repaid 12 Jul 2031 | Bonds and bills | 1.96% | 30.02 | 31,00,000 | Oct 2021 | |
| InfosysIT - Software | Shares | Large cap9th | 1.95% | 29.82 | 3,00,000 | Apr 2021or earlier |
| Larsen & ToubroConstruction | Shares | Large cap8th | 1.84% | 28.20 | 75,000 | Apr 2021or earlier |
| Power Grid Corporation of IndiaPower | Shares | Large cap32nd | 1.70% | 26.05 | 10,00,000 | Apr 2021or earlier |
| Dr. Lal Path LabsHealthcare Services | Shares | Small cap309th | 1.69% | 25.83 | 1,30,000 | May 2025 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. | ||
|---|---|---|
| TREPS - Tri-party Repo | 11.09% | 169.60 |
| Net Current Assets | 0.37% | 5.57 |
Weight is per cent of the fund's net assets; value in ₹ crore.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions.
- 6.05%ICICI Bank
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 23.10%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 36.08%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 33.43%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 38.4Taken over 88.54% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought.- Indian shares69.97%
- Bonds and bills17.58%
- REIT and InvIT units0.99%
- Cash and receivables11.46%
Per cent of the fund's net assets.
Large, mid and small cap
Large, mid and small cap. Companies ranked by average market value over six months: the first 100 are large cap, the next 150 mid cap, the rest small cap, by the list in force for the portfolio's month.- Large cap64.01%Category 60.32%
- Mid cap9.20%Category 19.10%
- Small cap26.68%Category 20.04%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. Shares not on the list: 0.07% of the fund. Category is the average of 27 Retirement funds.
Sector allocation
Sector weight. The fund's shares grouped by the business each company is in, less the futures sold on them, each group as a share of the fund's net assets.18sectors
- Financial Services28.55%Category 17.94%
- Automobile And Auto Components7.01%Category 5.30%
- Healthcare6.32%Category 5.00%
- Information Technology4.35%Category 3.04%
- Oil Gas & Consumable Fuels4.13%Category 3.18%
- Capital Goods3.12%Category 5.26%
- Fast Moving Consumer Goods2.56%Category 3.35%
- Construction2.51%Category 1.85%
- Power2.44%Category 1.31%
- Telecommunication2.30%Category 1.20%
- Services1.78%Category 1.87%
- Consumer Services0.90%Category 3.46%
- Consumer Durables0.86%Category 2.24%
- Metals & Mining0.84%Category 1.24%
- Media Entertainment & Publication0.71%Category 0.08%
- Forest Materials0.69%Category 0.06%
- Textiles0.54%Category 0.28%
- Chemicals0.36%Category 1.91%
Per cent of the fund's net assets, less the futures sold on its shares, Sep 2026. Category is the average of 29 Retirement funds. Category average. The sector's weight, less the futures sold on it, averaged over the 29 Retirement funds that disclosed a portfolio for Sep 2026. A fund holding none of the sector counts as 0.
Sector allocation month by month
| 13 months | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial Services13 companies | 28.55% | 28.62% | 27.96% | 28.45% | 27.39% | 27.21% | 26.71% | 28.25% | 28.00% | 27.15% | 27.27% | 26.59% | |
| Automobile And Auto Components8 companies | 7.01% | 7.15% | 7.39% | 7.39% | 7.33% | 8.38% | 8.25% | 8.75% | 8.63% | 8.50% | 8.27% | 8.13% | |
| Healthcare7 companies | 6.32% | 6.64% | 6.50% | 6.28% | 4.96% | 4.83% | 4.89% | 4.73% | 4.62% | 5.36% | 5.48% | 5.60% | |
| Information Technology4 companies | 4.35% | 6.84% | 6.83% | 5.85% | 6.65% | 7.34% | 7.93% | 8.01% | 9.61% | 7.92% | 7.66% | 7.48% | |
| Oil Gas & Consumable Fuels3 companies | 4.13% | 4.22% | 4.67% | 4.69% | 4.93% | 5.09% | 4.48% | 4.45% | 4.45% | 4.85% | 4.73% | 4.67% | |
| Capital Goods6 companies | 3.12% | 3.84% | 4.06% | 3.99% | 3.83% | 4.16% | 3.71% | 3.82% | 3.59% | 3.72% | 3.79% | 3.22% | |
| Fast Moving Consumer Goods3 companies | 2.56% | 2.52% | 2.71% | 2.62% | 2.63% | 2.76% | 2.53% | 2.59% | 2.58% | 2.93% | 3.03% | 2.85% | |
| Construction2 companies | 2.51% | 2.54% | 2.40% | 2.56% | 2.53% | 2.49% | 2.46% | 2.67% | 2.49% | 2.55% | 2.53% | 2.59% | |
| Power2 companies | 2.44% | 2.35% | 2.49% | 2.54% | 2.67% | 2.83% | 2.76% | 2.53% | 2.24% | 1.06% | 1.08% | 1.17% | |
| Telecommunication1 company | 2.30% | 2.26% | 2.42% | 2.30% | 2.30% | 2.33% | 2.31% | 2.21% | 2.31% | 2.41% | 2.40% | 2.38% | |
| Services3 companies | 1.78% | 1.78% | 1.85% | 1.82% | 1.81% | 2.36% | 2.27% | 2.41% | 2.40% | 2.32% | 2.39% | 2.38% | |
| Consumer Services1 company | 0.90% | 0.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.17% | 0.25% | 0.26% | 0.27% |
Per cent of the fund's net assets, less the futures sold on its shares, at each month end, Oct 2025 to Sep 2026; the line runs from Sep 2025.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before.
- 10.44% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date.
- 64.02% of the fund before
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth.
- 2
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth.
- 3
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 67
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month.
- 0.44%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it.
- 6.13%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. | ||||
|---|---|---|---|---|---|
| Tata Consultancy Services | Sold out | – | 2.24% | −2.24 pts | −1,50,000 |
| Vedant Fashions | Added | 0.90% | 0.19% | +0.71 pts | +2,00,000 |
| The Ramco Cements | Sold out | – | 0.55% | −0.55 pts | −1,00,000 |
| Crompton Greaves Consumer Electricals | Sold out | – | 0.51% | −0.51 pts | −3,50,000 |
| Alembic Pharmaceuticals | Trimmed | 0.21% | 0.65% | −0.44 pts | −85,541 |
| West Coast Paper Mills | New | 0.44% | 0.00% | +0.44 pts | +90,607 |
| Timken India | Sold out | – | 0.39% | −0.39 pts | −20,000 |
| Finolex Industries | Sold out | – | 0.30% | −0.30 pts | −3,00,000 |
| Garware Technical Fibres | Added | 0.54% | 0.45% | +0.09 pts | +20,000 |
| PVR INOX | Trimmed | 0.71% | 0.67% | +0.04 pts | −1,725 |
| Bajaj Electricals | Sold out | – | 0.03% | −0.03 pts | −13,571 |
| GSPL Transmission | Trimmed | 0.07% | 0.07% | 0.00 pts | −7,589 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
 ICICI Bank | 5.45% | 5.56% | 5.39% | 5.57% | 5.66% | 5.48% | 5.47% | 5.52% | 5.97% | 6.16% | 6.35% | 6.05% |
 HDFC Bank | 6.85% | 6.92% | 6.82% | 6.55% | 6.25% | 5.70% | 5.73% | 5.61% | 5.93% | 5.51% | 5.31% | 5.56% |
| Bajaj Finance Ltd. | 4.17% | 4.12% | 4.09% | 4.17% | 4.18% | 4.57% | 4.34% | 4.34% | 4.36% | 4.30% | 4.31% | 4.46% |
 Kotak Mahindra Bank | 2.31% | 2.31% | 2.40% | 2.64%Added | 2.68% | 2.75%Added | 2.85% | 3.14%Added | 3.16% | 3.11% | 3.40% | 3.54% |
 Reliance Industries | 3.44% | 3.59% | 3.60% | 3.28% | 3.27% | 3.49% | 3.98%Added | 3.73% | 3.61% | 3.61% | 3.58% | 3.49% |
 Axis Bank | 2.85% | 2.93% | 2.91% | 3.22% | 3.25% | 3.02% | 3.14% | 3.23% | 3.34% | 3.02% | 3.24% | 3.21% |
 State Bank of India | 2.71% | 2.80% | 2.82% | 3.16% | 3.53% | 3.18% | 3.31% | 3.03% | 3.18% | 3.15% | 3.30% | 3.14% |
 Maruti Suzuki India | 2.81% | 2.73% | 2.87% | 2.57% | 2.62% | 2.40% | 2.47% | 2.47% | 2.62% | 2.62% | 2.53% | 2.35% |
 Bharti Airtel | 2.38% | 2.40% | 2.41% | 2.31% | 2.21% | 2.31% | 2.33% | 2.30% | 2.30% | 2.42% | 2.26% | 2.30% |
| 7.26% GOI MAT 220832 | 1.80% | 1.79% | 1.78% | 1.82% | 1.83% | 1.97% | 1.88% | 1.91% | 1.92% | 1.90% | 1.92% | 1.98% |
| 6.1% GOI MAT 120731 | 1.77% | 1.75% | 1.75% | 1.78% | 1.79% | 1.94% | 1.86% | 1.88% | 1.89% | 1.88% | 1.89% | 1.96% |
 Infosys | 2.49%Added | 2.59% | 2.78%Added | 2.89% | 2.29% | 2.44% | 2.19% | 2.19% | 1.86% | 2.08% | 2.12% | 1.95% |
 Larsen & Toubro | 1.75% | 1.75% | 1.76% | 1.73% | 1.88% | 1.71% | 1.86% | 1.92% | 1.93% | 1.81% | 1.89% | 1.84% |
 Power Grid Corporation of India | 1.17% | 1.08% | 1.06% | 1.51%Added | 1.75% | 1.92% | 1.97% | 1.82% | 1.77% | 1.74% | 1.64% | 1.70% |
 Dr. Lal Path Labs | 1.18% | 1.13% | 1.11% | 1.08% | 1.07% | 1.11% | 1.10% | 1.31% | 1.33% | 1.52% | 1.57% | 1.69% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Portfolio turnover, per cent of assets a year
- TurnoverPortfolio turnover. How much of the portfolio the fund bought or sold over the last year, as a share of its assets, as the fund house states it.
Highest 13.0% in Sep 2026
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Regular plans of Retirement funds (26 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves.10.95%
1.41%Lowest9.92%Average16.81%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.7.57%
0.55%Lowest6.30%Average10.50%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV.0.01
−1.01Lowest0.14Average0.69Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down.0.01
−1.12Lowest0.22Average1.13Highest
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. |
|---|---|---|---|---|
| 1 year | −12.35% | 5 Jan 2026 | 31 Mar 2026 | Not yet |
| 3 and 5 years | −12.72% | 26 Sep 2024 | 3 Mar 2025 | 26 Nov 2025 |
| 10 years and since Feb 2016 | −27.66% | 17 Jan 2020 | 23 Mar 2020 | 23 Oct 2020 |
Risk level by month
| Months | FundRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. |
|---|---|---|
| Oct 2021 to Aug 202659 months | Very High | HighNIFTY 50 Hybrid Composite Debt 65:35 Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
HDFC Retirement Fund - Hybrid-Equity fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. | ||
|---|---|---|---|---|---|---|---|---|
| Anupam JoshiDebt | Mar 2026 | −2.22%over 221 days | – | – | 6.2% | 8.0% | 18 | ₹86,375 Cr₹1,972 Cr alone |
| Arun AgarwalArbitrage | Apr 2025 | −0.05%a year | – | – | 7.0% | 7.8% | 50 | ₹2,17,709 Cr |
| Nandita MenezesArbitrage | Apr 2025 | −0.05%a year | – | – | 7.0% | 7.8% | 36 | ₹2,09,123 Cr |
| Chirag SetalvadEquities | Sep 2026 | −2.97%over 45 days | – | – | – | – | 6 | ₹1,61,313 Cr |
| Gopal AgrawalFund Manager for Overseas Investments | Sep 2026 | −2.97%over 45 days | – | – | – | – | 46 | ₹8,22,736 Cr |
Returns are the regular plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. | ||
|---|---|---|---|---|---|
| HDFC Corporate Bond FundAnupam Joshi | Oct 2015 | +7.19%a year | – | – | ₹29,479 Cr |
| HDFC Aggressive Hybrid FundAnupam Joshi | Oct 2022 | +7.76%a year | – | – | ₹21,158 Cr |
| HDFC Ultra Short to Short Term FundAnupam Joshi | Oct 2015 | +6.57%a year | – | – | ₹16,513 Cr |
| HDFC Retirement Fund - EquityAnupam Joshi | Mar 2026 | −1.19%over 221 days | +1.66% | −2.85 pts | ₹6,645 Cr |
| HDFC Conservative Hybrid FundAnupam Joshi | Mar 2026 | −0.13%over 221 days | – | – | ₹3,108 Cr |
| HDFC Crisil-IBX Financial Services 3-6 Months Debt Index FundAnupam Joshi | May 2025 | +6.85%a year | – | – | ₹1,972 Cr |
| HDFC Crisil-IBX Financial Services 9-12 Months Debt Index FundAnupam Joshi | Mar 2026 | +3.94%over 206 days | – | – | ₹1,073 Cr |
| HDFC Nifty G-Sec Dec 2026 Index FundAnupam Joshi | Aug 2024 | +6.47%a year | +6.85% | −0.38 pts | ₹920 Cr |
| HDFC Nifty G-Sec Jun 2036 Index FundAnupam Joshi | Aug 2024 | +4.94%a year | +4.82% | +0.12 pts | ₹839 Cr |
| HDFC Medium to Long Term FundAnupam Joshi | Mar 2026 | +1.46%over 221 days | – | – | ₹813 Cr |
Up to ten funds a manager, largest first. Returns are the regular plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. | Shared holdings. The number of securities both funds hold, cash and futures left out. | |
|---|---|---|
| HDFC Retirement Fund - EquityHDFC Mutual Fund | 58.17% | 43 |
| Bandhan Retirement FundBandhan Mutual Fund | 34.16% | 15 |
| Axis Retirement Fund - DynamicAxis Mutual Fund | 32.83% | 22 |
| Axis Retirement Fund - AggressiveAxis Mutual Fund | 31.96% | 21 |
| Aditya Birla Sun Life Retirement Fund-The 40sAditya Birla Sun Life Mutual Fund | 30.84% | 16 |
| HDFC Retirement Fund - Hybrid-DebtHDFC Mutual Fund | 30.55% | 34 |
| Nippon India Retirement Fund- Wealth Creation SchemeNippon India Mutual Fund | 28.63% | 13 |
| PGIM India Retirement FundPGIM India Mutual Fund | 23.29% | 12 |
| Axis Retirement Fund - ConservativeAxis Mutual Fund | 22.89% | 15 |
| Union Retirement FundUnion Mutual Fund | 22.41% | 11 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The investment objective of the Investment Plans under the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity and debt instruments to help investors meet their retirement goals.There is no assurance that the investment objective of the Scheme will be achieved.
Asset allocation
- Equity and Equity related Instruments: 80% - 100%;
- Debt Securities (including securitised debt) and money market instruments: 0%- 20%;
- Units issued by InvITs: 0% -10%;
- Non-convertible preference shares: 0% - 10%. For detailed asset allocation, refer Scheme Information Document (SID) available on the website.
Type of scheme
An open ended retirement solution oriented scheme having a lock-in of 5 years or till retirement age (whichever is earlier)
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back.
- NIFTY 50 Hybrid Composite Debt 65:35 Index (Total Returns Index)
- Risk level at launchRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month.
- Moderately High
- New fund offer
- 5 Feb 2016 to 19 Feb 2016
- Units first allotted
- 25 Feb 2016
- Price at the offer
- ₹10 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | MUTF_IN | First NAV |
|---|---|---|---|---|
| Direct Growth | 136464 | INF179KB1MH6 | HDFC_RETI_HYBR_1M8CR1A | 26 Feb 2016 |
| Regular Growth | 136463 | INF179KB1MI4 | HDFC_RETI_HYBR_1DMQQ63 | 26 Feb 2016 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- HDFC MF Factsheet - September 2026 (opens in a new tab)HDFC Mutual Fund, Sep 2026
Statement of additional information
- SAI HDFC Mutual Fund (opens in a new tab)HDFC Mutual Fund, Oct 2026
Annual report
- HDFC Mutual Fund - Trustee Report- FY- 2025- 2026 (opens in a new tab)HDFC Mutual Fund, Mar 2026
- HDFC Flexi Cap Fund - Auditor's Report, Balance Sheet, Revenue Account & Schedules (Scheme Financials) (opens in a new tab)HDFC Mutual Fund, Mar 2026
- HDFC Flexi Cap Fund - Notes to Accounts (Scheme Financials) (opens in a new tab)HDFC Mutual Fund, Mar 2026
- HDFC ELSS - Tax Saver Fund - Auditor's Report, Balance Sheet, Revenue Account & Schedules (Scheme Financials) (opens in a new tab)HDFC Mutual Fund, Mar 2026
Riskometer disclosure
- Annual Disclosure of Riskometers - HDFC MF - as at March 31, 2026 - Final (opens in a new tab)HDFC Mutual Fund, Mar 2026
- Annual Disclosure of Riskometers - HDFC MF - as at March 31, 2026 (opens in a new tab)HDFC Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap 30 Sep (opens in a new tab)HDFC Mutual Fund, Sep 2026