Tata Retirement Savings Fund- Conservative Direct Growth NAV today
AMFI: 119256ISIN: INF277K01QM5MUTF_IN: TATA_RETI_SAVI_144035PTata Mutual FundRetirement funds
NAV ₹37.5170down ₹0.21 (0.56%)
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.
- ₹165 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.
- 1.04%14 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.
- 30.330 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.
- Moderately 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.
- 5630 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer.
- 1 Nov 2011
Tata Retirement Savings Fund- Conservative returns
Direct 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 | −1.81% | – | – | – | – |
| 1 month | −3.72% | – | 14 of 29 | −3.99% | −7.6% to −2.7% |
| 3 months | −3.11% | – | 11 of 29 | −4.16% | −5.6% to −2.6% |
| 6 months | −0.43% | – | 6 of 29 | −2.12% | −3.2% to −0.7% |
| 1 year | −0.26% | +3.06%to 30 Sep 2026 | 7 of 29 | −3.70% | −5.3% to −1.7% |
| 3 years | +6.89% | +7.59%to 30 Sep 2026 | 19 of 27 | +8.26% | +6.8% to +10.1% |
| 5 years | +5.90% | +6.89%to 30 Sep 2026 | 21 of 25 | +7.83% | +6.3% to +8.6% |
| 10 years | +7.76% | +8.59%to 30 Sep 2026 | 8 of 10 | +9.44% | +7.8% to +11.8% |
₹10,000 put in on 8 Jan 2013 is ₹33,577 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: CRISIL Short Term Debt Hybrid 75+25 Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct 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 | +3.68% | +3.06% |
| 3 years | +7.39% | +7.59% |
| 5 years | +6.46% | +6.89% |
| 10 years | +8.09% | +8.59% |
| Since launch | +9.39% | +9.11% |
Benchmark: CRISIL Short Term Debt Hybrid 75+25 Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2014, +22.0%; lowest year to Dec 2022, +1.3%
Tata Retirement Savings Fund- Conservative 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 | ₹1,18,968₹1,18,962 after stamp duty | −1.66% | −1.67% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,77,975₹3,77,956 after stamp duty | +3.24% | +3.23% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹6,93,488₹6,93,453 after stamp duty | +5.78% | +5.78% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹17,31,490₹17,31,444 after stamp duty | +7.15% | +7.15% | ₹38 | |
| Since Jan 2013165 instalments | ₹16,50,000 | ₹29,68,245₹29,68,198 after stamp duty | +8.14% | +8.14% | ₹38 |
Rolling returns
Per cent a year, every window from 8 Jan 2013 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 year3,087 windows−2.8%+10.0%+27.0%98.4%
3 years2,611 windows+4.2%+9.7%+15.8%100.0%
5 years2,128 windows+5.9%+9.4%+13.6%100.0%
10 years917 windows+7.8%+9.6%+10.7%100.0%
Every 3, 5 and 10-year window ended higher than it started.
Tata Retirement Savings Fund- Conservative 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.
- 1.12 ptsA year, on 14 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.
- 1.05%Over the last 29 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.
- 2.17%Over the last 29 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan highest 1.21%, May 2019.Direct plan lowest 0.96%, Dec 2024.
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. | 0.85% | 1.83% |
| Brokerage | 0.01% | 0.01% |
| Transaction costs | None | None |
| Statutory levies | 0.18% | 0.32% |
Per cent of assets a year, filed for 22 Oct 2026. The parts add up to that day's total.
Exit load, in the fund house's words
A) If redeemed / switched-out on or after attainment of retirement age i.e. 60 years of age - Nil. B) In case of Auto switch-out of units on occurrence of “Auto-switch trigger event” - Nil. C) 1% -If redeemed before 61 months from the date of allotment.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase.
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹500
- 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
- SIP minimum
- 500.00/1,000.00/1,000.00/1,500.00/500.00/500.00
- SIP instalments, at least
- 12 Instalments/6 instalments/6 instalments/4 instalments/12 instalments/12 instalments
- SIP dates
- Any day/Any day/Any day/Any day/Monday-Friday/All Business Days
As listed for this plan on 24 Oct 2026.
Tata Retirement Savings Fund- Conservative 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.
- ₹169 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.
- 22.0%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹189 Cr, quarter to Dec 2021.
Assets at each month end
Highest ₹189 Cr, Oct 2021.Lowest ₹129 Cr, Mar 2020.
Tata Retirement Savings Fund- Conservative 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. | Yield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. | 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. | ||||
|---|---|---|---|---|---|---|---|
| GOI - 6.79% (07/10/2034)SOV, 6.79% coupon, repaid 7 Oct 2034 | Bonds and bills | 20.67% | 34.20 | 35,00,000 | 7.17% | Feb 2025 | |
| GOI - 7.17% (17/04/2030)SOV, 7.17% coupon, repaid 17 Apr 2030 | Bonds and bills | 9.15% | 15.14 | 15,00,000 | 6.87% | May 2023 | |
| GOI - 7.38% (20/06/2027)SOV, 7.38% coupon, repaid 20 Jun 2027 | Bonds and bills | 9.14% | 15.13 | 15,00,000 | 6.13% | Aug 2022 | |
| GOI - 6.36% (16/02/2031)SOV, 6.36% coupon, repaid 16 Feb 2031 | Bonds and bills | 8.89% | 14.71 | 15,00,000 | 6.87% | Apr 2026 | |
| GOI - 7.36% (12/09/2052)SOV, 7.36% coupon, repaid 12 Sep 2052 | Bonds and bills | 5.85% | 9.67 | 10,00,000 | 7.65% | Jun 2023 | |
| GOI - 6.90% (15/04/2065)SOV, 6.90% coupon, repaid 15 Apr 2065 | Bonds and bills | 5.42% | 8.97 | 10,00,000 | 7.74% | Jan 2026 | |
| ** 07.51 % SHIVSHAKTI SECURITISATION TRUST - 28/09/2029CRISIL-AAA, 7.73% coupon, repaid 28 Sep 2029 | Bonds and bills | 2.88% | 4.77 | 5 | 8.14% | Sep 2025 | |
| Solar Industries IndiaChemicals & Petrochemicals | Shares | Large cap73rd | 1.50% | 2.48 | 1,260 | – | Apr 2023 |
| ICICI BankBanks | Shares | Large cap5th | 1.44% | 2.38 | 18,000 | – | Dec 2018 |
| EternalRetailing | Shares | Large cap37th | 1.22% | 2.02 | 63,000 | – | Mar 2024 |
| Reliance IndustriesPetroleum Products | Shares | Large cap1st | 1.16% | 1.92 | 16,200 | – | Apr 2018 |
| Multi Commodity Exchange of IndiaCapital Markets | Shares | Mid cap157th | 1.09% | 1.81 | 5,490 | – | Apr 2025 |
| Ather EnergyAutomobiles | Shares | Small cap260th | 1.07% | 1.78 | 12,479 | – | Jul 2026 |
| Coal IndiaConsumable Fuels | Shares | Large cap30th | 0.99% | 1.64 | 38,700 | – | Jan 2026 |
| Dixon Technologies (India)Consumer Durables | Shares | Mid cap159th | 0.78% | 1.30 | 990 | – | Mar 2026 |
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. | ||
|---|---|---|
| REPO | 9.48% | 15.68 |
| CASH / NET CURRENT ASSET | 1.33% | 2.20 |
| MARGIN MONEY DEPOSITS TOTAL | 0.00% | 0.00 |
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.
- 20.67%GOI - 6.79% (07/10/2034)
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions.
- 53.69%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions.
- 66.15%
- Top 10 sharesTop 10 shares. The share of the fund held in its ten largest shareholdings, bonds and fund units left out.
- 10.81%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights.
- 10.4Taken over 89.19% 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 shares27.19%
- Bonds and bills62.00%
- Cash and receivables10.81%
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 cap54.67%Category 60.32%
- Mid cap21.55%Category 19.10%
- Small cap23.78%Category 20.04%
Per cent of the fund's Indian shares. By the list for the six months to Jun 2026. 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.15sectors
- Financial Services8.01%Category 17.94%
- Fast Moving Consumer Goods3.72%Category 3.35%
- Oil Gas & Consumable Fuels2.68%Category 3.18%
- Automobile And Auto Components2.03%Category 5.30%
- Capital Goods2.02%Category 5.26%
- Healthcare1.65%Category 5.00%
- Chemicals1.50%Category 1.91%
- Consumer Durables1.38%Category 2.24%
- Consumer Services1.22%Category 3.46%
- Information Technology0.99%Category 3.04%
- Services0.78%Category 1.87%
- Power0.49%Category 1.31%
- Construction Materials0.28%Category 1.11%
- Diversified0.25%Category 0.11%
- Metals & Mining0.20%Category 1.24%
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 Services14 companies | 8.01% | 8.37% | 8.18% | 8.75% | 8.31% | 9.38% | 9.81% | 10.52% | 10.72% | 11.15% | 10.09% | 9.64% | |
| Fast Moving Consumer Goods7 companies | 3.72% | 3.87% | 4.21% | 4.94% | 5.07% | 4.96% | 4.66% | 4.65% | 4.68% | 5.79% | 5.29% | 5.35% | |
| Oil Gas & Consumable Fuels3 companies | 2.68% | 2.67% | 2.73% | 2.74% | 2.92% | 3.12% | 3.09% | 3.58% | 2.78% | 2.80% | 2.71% | 2.65% | |
| Automobile And Auto Components3 companies | 2.03% | 2.26% | 1.97% | 0.94% | 0.93% | 0.90% | 0.79% | 0.87% | 0.53% | 0.58% | 0.95% | 0.92% | |
| Capital Goods5 companies | 2.02% | 2.20% | 2.76% | 2.88% | 2.72% | 2.49% | 1.21% | 1.29% | 1.16% | 1.02% | 1.01% | 0.91% | |
| Healthcare4 companies | 1.65% | 1.74% | 1.44% | 1.37% | 1.01% | 0.67% | 0.36% | 0.35% | 0.33% | 0.37% | 0.38% | 0.38% | |
| Chemicals1 company | 1.50% | 1.61% | 1.49% | 1.56% | 1.58% | 1.69% | 1.30% | 1.36% | 1.35% | 1.20% | 1.29% | 1.35% | |
| Consumer Durables2 companies | 1.38% | 1.75% | 1.80% | 1.81% | 1.76% | 1.86% | 1.72% | 1.11% | 1.04% | 1.09% | 1.91% | 2.41% | |
| Consumer Services1 company | 1.22% | 1.21% | 1.13% | 0.99% | 1.10% | 1.10% | 1.06% | 1.07% | 1.17% | 1.17% | 1.25% | 1.64% | |
| Information Technology3 companies | 0.99% | 1.05% | 1.10% | 0.91% | 1.03% | 1.10% | 1.32% | 1.33% | 2.02% | 2.50% | 2.33% | 1.64% | |
| Services1 company | 0.78% | 0.67% | 0.72% | 0.78% | 0.78% | 0.82% | 0.45% | 0.49% | 0.45% | 0.46% | 0.47% | 0.45% | |
| Power2 companies | 0.49% | 0.47% | 0.53% | 0.37% | 0.41% | 0.38% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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.
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each.
- 7.07%Lines stating a yield: 86.74% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio.
- 6.01%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal.
- 3.38years
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates.
- 3.26years
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid.
- 6.13years
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over.
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window.
- None
The bond book is the fund's bonds, bills and overnight lending.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared.Loans of over a year
- Sovereign59.11%
- AAA2.88%
Other
- Overnight lending9.48%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off.- Up to 1 month9.48%
- 1 to 3 monthsNone
- 3 to 6 monthsNone
- 6 to 12 months9.14%
- 1 to 3 years2.88%
- 3 to 5 years18.04%
- 5 to 10 years20.67%
- Over 10 years11.27%
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
- Largest borrowerLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 2.88%Shivshakti Securitisation Trust
- Top 5 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 2.88%
- Top 10 borrowersLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 2.88%
- Largest groupLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 2.88%Shivshakti Securitisation Trust
- Top 5 groupsLending to one borrower. The share of the fund lent to a single company or group of companies, government bonds left out.
- 2.88%
Per cent of the fund's net assets. Lent outside the government: 2.88% of the fund, to 1 borrowers; the borrower is named for 100.00% of it, its group for 100.00%.
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.
- 0
- 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.
- 10.30% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same.
- 1
- 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.
- 2
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price.
- 52
- 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.
- 0.00%
- 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.
- 7.79%
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. | ||||
|---|---|---|---|---|---|
| ** 06.40 % JAMNAGAR UTILITIES & POWER PVT. LTD - 29/09/2026 | Matured | – | 5.84% | −5.84 pts | – |
| Metro Brands | Sold out | – | 0.30% | −0.30 pts | −5,659 |
| One 97 Communications | Added | 0.64% | 0.45% | +0.19 pts | +1,844 |
| Polycab India | Trimmed | 0.58% | 0.70% | −0.12 pts | −60 |
| Solar Industries India | Trimmed | 1.50% | 1.61% | −0.11 pts | −108 |
| Titan Company | Added | 0.60% | 0.59% | +0.01 pts | +180 |
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GOI - 6.79% (07/10/2034) | 20.24% | 20.35% | 20.41% | 20.62% | 20.94% | 21.79% | 20.95% | 20.78% | 20.92% | 20.74% | 20.34% | 20.67% |
| GOI - 7.17% (17/04/2030) | 8.87% | 8.92% | 8.94% | 9.06% | 9.20% | 9.63% | 9.31% | 9.19% | 9.17% | 9.11% | 8.95% | 9.15% |
| GOI - 7.38% (20/06/2027) | 8.78% | 8.83% | 8.88% | 9.00% | 9.11% | 9.67% | 9.27% | 9.16% | 9.07% | 9.00% | 8.87% | 9.14% |
| GOI - 6.36% (16/02/2031) | – | – | – | – | – | – | 8.98%Bought | 8.88% | 8.90% | 8.85% | 8.69% | 8.89% |
| GOI - 7.36% (12/09/2052) | 5.79% | 5.79% | 5.83% | 5.88% | 5.96% | 6.07% | 5.95% | 5.86% | 6.00% | 5.86% | 5.70% | 5.85% |
| GOI - 6.90% (15/04/2065) | – | – | – | 5.49%Bought | 5.56% | 5.64% | 5.52% | 5.44% | 5.53% | 5.41% | 5.31% | 5.42% |
| ** 07.51 % SHIVSHAKTI SECURITISATION TRUST - 28/09/2029 | 2.89% | 2.91% | 2.90% | 2.92% | 2.97% | 3.11% | 2.99% | 2.94% | 2.92% | 2.89% | 2.84% | 2.88% |
 Solar Industries India | 1.35% | 1.29% | 1.20% | 1.35% | 1.36% | 1.30% | 1.69%Added | 1.58%Cut | 1.56%Cut | 1.49%Cut | 1.61% | 1.50%Cut |
 ICICI Bank | 0.69%Added | 1.22%Added | 1.19% | 1.36%Added | 1.47%Added | 1.37% | 1.38% | 1.36% | 1.47% | 1.53% | 1.53% | 1.44% |
 Eternal | 1.32% | 1.25% | 1.17% | 1.17% | 1.07% | 1.06% | 1.10% | 1.10% | 0.99%Cut | 1.13% | 1.21% | 1.22% |
 Reliance Industries | 1.45% | 1.62%Added | 1.72%Added | 1.33%Cut | 1.34% | 1.38% | 1.41% | 1.29% | 1.25% | 1.25% | 1.21% | 1.16% |
 Multi Commodity Exchange of India | 0.73% | 0.80% | 0.89% | 1.03% | 1.00% | 1.05% | 1.17%Cut | 0.98%Cut | 0.93% | 0.88% | 1.09% | 1.09% |
 Ather Energy | – | – | – | – | – | – | – | – | – | 0.93%Bought | 1.25% | 1.07% |
 Coal India | – | – | – | 0.30%Bought again | 1.01%Added | 1.13% | 1.13%Cut | 1.07% | 1.01% | 0.95% | 0.91% | 0.99% |
 Adani Ports and Special Economic Zone | 0.45%Added | 0.47% | 0.46% | 0.45% | 0.49% | 0.45% | 0.82%Added | 0.78%Cut | 0.78% | 0.72% | 0.67% | 0.78% |
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
- Year to Mar 2013Portfolio 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.
- 5.0%
Risk ratios
NAV to 23 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct 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.5.68%
1.43%Lowest9.93%Average16.83%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure.3.28%
0.46%Lowest6.17%Average10.32%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.0.25
−0.18Lowest0.31Average0.78Highest
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.0.35
−0.23Lowest0.45Average1.29Highest
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 | −4.73% | 13 Aug 2026 | 23 Oct 2026 | Not yet |
| 3 years | −5.06% | 11 Dec 2024 | 3 Mar 2025 | 23 Apr 2025 |
| 5 years | −6.01% | 14 Jan 2022 | 17 Jun 2022 | 9 Sep 2022 |
| 10 years and since Jan 2013 | −10.98% | 20 Feb 2020 | 23 Mar 2020 | 23 Jun 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. |
|---|---|---|
| Dec 2025 to Aug 20269 months | Moderately High | ModerateCRISIL Short Term Debt Hybrid 75+25 Index |
| Oct 2025 to Nov 20252 months | Moderately High | Moderately HighCRISIL Short Term Debt Hybrid 75+25 Index |
| Jun 2025 to Sep 20254 months | Moderately High | ModerateCRISIL Short Term Debt Hybrid 75+25 Index |
| May 20251 month | High | Moderately HighCRISIL Short Term Debt Hybrid 75+25 Index |
| Sep 2021 to Apr 202544 months | Moderately High | Moderately HighCRISIL Short Term Debt Hybrid 75+25 Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Tata Retirement Savings Fund- Conservative 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. | ||
|---|---|---|---|---|---|---|---|---|
| Sonam UdasiPrimary | Apr 2016this role since Mar 2021 | +8.73%a year | – | – | 23.2% | 16.6% | 5 | ₹15,348 Cr₹8,239 Cr alone |
| Murthy NagarajanPrimary | Apr 2017this role since Mar 2021 | +7.84%a year | – | – | 20.1% | 12.6% | 13 | ₹29,804 Cr |
| Amit SomaniAssistant Fund Manager | Jun 2026 | +0.95%over 137 days | – | – | 5.5% | 14.5% | 15 | ₹91,105 Cr₹71 Cr alone |
Returns are the direct 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. | ||
|---|---|---|---|---|---|
| Tata Value FundSonam Udasi | Apr 2016 | +15.76%a year | +13.72% | +2.04 pts | ₹8,239 Cr |
| Tata India Consumer FundSonam Udasi | Apr 2016 | +17.71%a year | +13.07% | +4.65 pts | ₹2,723 Cr |
| Tata Retirement Savings Fund- ModerateSonam Udasi | Apr 2016 | +13.51%a year | – | – | ₹2,115 Cr |
| Tata Retirement Savings Fund-ProgressiveSonam Udasi | Apr 2016 | +14.64%a year | +13.72% | +0.92 pts | ₹2,104 Cr |
| Tata Balanced Advantage FundMurthy Nagarajan | Jun 2026 | −0.99%over 137 days | – | – | ₹8,005 Cr |
| Tata Multi Asset Allocation FundMurthy Nagarajan | Mar 2020 | +17.17%a year | – | – | ₹5,000 Cr |
| Tata Aggressive Hybrid FundMurthy Nagarajan | Apr 2017 | +9.72%a year | – | – | ₹3,983 Cr |
| Tata Multicap FundMurthy Nagarajan | Jan 2023 | – | – | – | ₹3,409 Cr |
| Tata Business Cycle FundMurthy Nagarajan | Aug 2021 | +13.50%a year | +10.65% | +2.86 pts | ₹2,416 Cr |
| Tata Retirement Savings Fund- ModerateMurthy Nagarajan | Apr 2017 | +12.04%a year | – | – | ₹2,115 Cr |
Up to ten funds a manager, largest first. Returns are the direct 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. | |
|---|---|---|
| Tata Retirement Savings Fund- ModerateTata Mutual Fund | 33.46% | 54 |
| Tata Retirement Savings Fund-ProgressiveTata Mutual Fund | 27.19% | 49 |
| Axis Retirement Fund - AggressiveAxis Mutual Fund | 16.22% | 19 |
| Union Retirement FundUnion Mutual Fund | 13.47% | 19 |
| Baroda BNP Paribas Retirement FundBaroda BNP Paribas Mutual Fund | 13.12% | 11 |
| PGIM India Retirement FundPGIM India Mutual Fund | 11.67% | 15 |
| Aditya Birla Sun Life Retirement Fund-The 40sAditya Birla Sun Life Mutual Fund | 9.69% | 11 |
| Axis Retirement Fund - DynamicAxis Mutual Fund | 9.69% | 17 |
| Nippon India Retirement Fund- Income Generation SchemeNippon India Mutual Fund | 8.62% | 8 |
| Aditya Birla Sun Life Retirement Fund-The 30sAditya Birla Sun Life Mutual Fund | 8.41% | 13 |
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
To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.
Asset allocation
- Equity and Equity related instruments 0% - 30%, Debt & Money Market instruments 70% - 100%, Units of InvITs 0% - 10%, Other Securities# 0% - 10%.
# Other securities shall include: Overseas Exchange Traded Funds / Foreign Securities / Foreign Funds, Gold/Silver ETFs/ ETCDs as may be permitted under the extant SEBI Regulations. The scheme may invest in another scheme under the same asset management company or any other mutual fund without charging any fees, provided that aggregate inter-scheme investment made by all schemes under the same management or in schemes under the management of any other asset management company shall not exceed 5% of the net asset value of the mutual fund. Such investments shall be made in the schemes which are permitted by SEBI from time to time. Units of Equity Mutual funds will be considered under allocation for Equity and Equity related instruments and Units of Fixed Income mutual funds will be considered under allocation for Debt & Debt related instruments
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.
- CRISIL Short Term Debt Hybrid 75+25 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
- 7 Oct 2011 to 21 Oct 2011
- Units first allotted
- 1 Nov 2011
- Open for sale again
- 8 Nov 2011
- 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 | 119256 | INF277K01QM5 | TATA_RETI_SAVI_144035P | 8 Jan 2013 |
| Regular Growth | 115944 | INF277K01FI6 | TATA_RETI_SAVI_YAF6HM | 8 Nov 2011 |
This fund
- Scheme information document (opens in a new tab)The fund's objective, terms, costs and risks in full
Factsheet
- Factsheet September 2026 (opens in a new tab)Tata Mutual Fund, Sep 2026
Statement of additional information
- SAI Tata Mutual Fund (opens in a new tab)Tata Mutual Fund, Oct 2026
Annual report
- Annual Report Annexures for F.Y. 2025-2026 (opens in a new tab)Tata Mutual Fund, Mar 2026
- Annual Report for Debt and Cash Schemes (opens in a new tab)Tata Mutual Fund, Mar 2026
- Annual Report for Equity Schemes (opens in a new tab)Tata Mutual Fund, Mar 2026
- Abridged Annual Report for Debt Schemes (opens in a new tab)Tata Mutual Fund, Mar 2026
Riskometer disclosure
- Risk Parameters in respect of Mid Cap and Small Cap equity schemes for FY-2026-27 (opens in a new tab)Tata Mutual Fund, Sep 2026
Portfolio overlap disclosure
- Portfolio Overlap Report as on September 2026 (opens in a new tab)Tata Mutual Fund, Sep 2026