Tata Retirement Savings Fund-Conservative Plan
Tata Mutual Fund · Retirement · Regular plan, growth option
NAV (₹), 1 Oct 2026
32.1215
1-day change
-0.45%
1Y return
1.6%
3Y CAGR
6.0%
5Y CAGR
5.1%
Max drawdown, 5Y
−6.9%
NAV history month-end NAV, ₹ · 8 Nov 2011 to 1 Oct 2026
Returns vs Retirement median (29 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -2.8% | -4.5% |
| 3 months | -1.9% | -2.7% |
| 6 months | 5.2% | 4.9% |
| Year to date | 0.4% | -2.5% |
| 1 year | 1.6% | -0.1% |
| 3 years (CAGR) | 6.0% | 7.2% |
| 5 years (CAGR) | 5.1% | 7.0% |
| 7 years (CAGR) | 6.7% | 9.9% |
| 10 years (CAGR) | 6.7% | 9.0% |
| Since first NAV (CAGR) | 8.1% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.0% | 8.1% |
| 3Y rolling median | 8.1% | 11.3% |
| 3Y rolling worst | 2.8% | 4.3% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 8.2% | 10.5% |
| 5Y rolling worst | 5.1% | 5.6% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 5.7% | 10.9% |
| Sharpe ratio | -0.04 | 0.10 |
| Sortino ratio | -0.06 | 0.13 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −11.1% | −18.1% |
| Maximum drawdown, last 10Y | −11.1% | −23.5% |
| Maximum drawdown, last 5Y | −6.9% | −12.7% |
| Current drawdown | −3.3% | −5.8% |
| Recovery time of worst fall | 101 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.17% a year and the Direct plan's 1.06%, a gap of 1.11%; over the last 3 years the Direct plan returned 1.25 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹25,05,413.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 24 Sep 2026: TER reduced from 2.18% to 2.17% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| 1 Sonam Udasi | 9 Mar 2021 | |
| 2 Murthy Nagarajan | 9 Mar 2021 | |
| 3 Amit Somani | 1 Jun 2026 |
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.
Stated 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…
Benchmark (tier 1): CRISIL Short Term Debt Hybrid 75+25 Index
Exit load: 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.
Minimum application: ₹5,000
Allotment date: 1 Nov 2011
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 2.17% | 2.18% |
| AUM, whole scheme (₹ crore) | 165 | 269 |
| Riskometer | Moderately High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 2.5% | 3.1% TRI |
| Return, 3 years (AMFI) | 6.1% | 7.6% TRI |
| Return, 5 years (AMFI) | 5.2% | 6.9% TRI |
| Month-ends above category median (3Y CAGR) | 13% | 35% median |
| Month-ends in category top quartile (3Y) | 9% | 9% median |
| 7Y rolling CAGR, median (monthly windows) | 7.7% | 9.9% median |
Official benchmark: CRISIL Short Term Debt Hybrid 75+25 Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Retirement Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 0.4% | n/a | – |
| 2025 | 3.6% | n/a | – |
| 2024 | 9.9% | n/a | – |
| 2023 | 12.1% | n/a | – |
| 2022 | 0.1% | n/a | – |
| 2021 | 7.6% | n/a | – |
| 2020 | 11.8% | n/a | – |
| 2019 | 7.6% | n/a | – |
| 2018 | 0.8% | n/a | – |
| 2017 | 15.1% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,20,483 | 0.7% |
| 3 years | ₹3,60,000 | ₹3,79,475 | 3.5% |
| 5 years | ₹6,00,000 | ₹6,86,530 | 5.3% |
| 10 years | ₹12,00,000 | ₹16,55,379 | 6.3% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Tata Mutual Fund
Category: Retirement
Plan / option: Regular · Growth
AMFI scheme code: 115944
ISIN: INF277K01FI6
First NAV in MFIC data: 8 Nov 2011
History: 14.9 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Baroda BNP Paribas Retirement Fund | Retirement | 0.98 | n/a |
| Tata Retirement Savings Fund-Moderate Plan | Retirement | 0.98 | 9.3% |
| Tata Retirement Savings Fund-Progressive Plan | Retirement | 0.97 | 9.7% |
| Union Children's Fund | Children's | 0.97 | n/a |
| BANDHAN RETIREMENT FUND | Retirement | 0.96 | n/a |
| PGIM India Retirement Fund | Retirement | 0.96 | n/a |
Questions about Tata Retirement Savings Fund-Conservative Plan
- What is the latest NAV of Tata Retirement Savings Fund-Conservative Plan?
- The NAV of the Regular plan (growth option) was ₹32.1215 on 1 Oct 2026, as published by AMFI.
- Which category is Tata Retirement Savings Fund-Conservative Plan in?
- It is classified as Retirement in AMFI's daily NAV file. MFIC compares it with 29 Retirement schemes (Regular plans).
- What returns has Tata Retirement Savings Fund-Conservative Plan delivered?
- Over one year the NAV changed by 1.6%. The 3-year CAGR is 6.0% (category median 7.2%) and the 5-year CAGR is 5.1% (category median 7.0%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 8.1%, the lowest was 2.8%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Tata Retirement Savings Fund-Conservative Plan's NAV?
- The largest peak-to-trough fall in its available history was 11.1%; within the last five years it was 6.9% (category median 12.7%).
- How volatile is Tata Retirement Savings Fund-Conservative Plan?
- Its annualised standard deviation of monthly returns over the last 36 months is 5.7%, which is below the Retirement category median of 10.9%.
- What would a monthly SIP in Tata Retirement Savings Fund-Conservative Plan have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹6,86,530 on 1 Oct 2026, an annualised return (XIRR) of 5.3%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Tata Retirement Savings Fund-Conservative Plan?
- The total expense ratio of the Regular plan is 2.17% a year, as disclosed to AMFI (median of Retirement Regular plans: 2.18%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Tata Retirement Savings Fund-Conservative Plan?
- Assets under management of the whole scheme were ₹165 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Tata Retirement Savings Fund-Conservative Plan?
- AMFI lists the scheme's riskometer as “Moderately High”, and its benchmark's as “Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Tata Retirement Savings Fund-Conservative Plan and how has it compared?
- Its official benchmark is the CRISIL Short Term Debt Hybrid 75+25 Index. Over 3 years AMFI reports a return of 6.1% for this plan against 7.6% for the benchmark total return index; over 5 years 5.2% against 6.9%. Past performance does not indicate future results.
- How often has Tata Retirement Savings Fund-Conservative Plan beaten its category?
- At 13% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Retirement schemes (Regular plans); it was in the top quarter at 9% of them. A typical scheme would show about 50%.
- Who manages Tata Retirement Savings Fund-Conservative Plan?
- According to its Scheme Summary Document, Tata Retirement Savings Fund-Conservative Plan is managed by 1 Sonam Udasi (since 9 Mar 2021), 2 Murthy Nagarajan (since 9 Mar 2021), 3 Amit Somani (since 1 Jun 2026).
- What is the exit load of Tata Retirement Savings Fund-Conservative Plan?
- As stated in its scheme documents: 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. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Tata Retirement Savings Fund-Conservative Plan?
- The minimum application amount is ₹5,000. SIP details: SIP-- 500.00/1,000.00/1,000.00/1,500.00/500.00/500.00 ;STP --500.00/500.00/500.00/500.00 ;SWP --500.00/500.00/500.00/500.00.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 2.8% and the Regular plan's by 1.6%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.