HDFC Retirement Fund - Hybrid-Equity Plan
HDFC Mutual Fund · Retirement · Regular plan, growth option
NAV (₹), 1 Oct 2026
35.5690
1-day change
-0.55%
1Y return
-7.7%
3Y CAGR
5.4%
5Y CAGR
7.3%
Max drawdown, 5Y
−12.7%
NAV history month-end NAV, ₹ · 26 Feb 2016 to 1 Oct 2026
Returns vs Retirement median (29 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.5% | -4.5% |
| 3 months | -4.3% | -2.7% |
| 6 months | 0.8% | 4.9% |
| Year to date | -10.0% | -2.5% |
| 1 year | -7.7% | -0.1% |
| 3 years (CAGR) | 5.4% | 7.2% |
| 5 years (CAGR) | 7.3% | 7.0% |
| 7 years (CAGR) | 11.5% | 9.9% |
| 10 years (CAGR) | 10.8% | 9.0% |
| Since first NAV (CAGR) | 12.7% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 9.2% | 8.1% |
| 3Y rolling median | 14.4% | 11.3% |
| 3Y rolling worst | -2.1% | 4.3% |
| 3Y periods positive | 99% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 14.4% | 10.5% |
| 5Y rolling worst | 7.3% | 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.) | 10.9% | 10.9% |
| Sharpe ratio | -0.05 | 0.10 |
| Sortino ratio | -0.07 | 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 | −27.7% | −18.1% |
| Maximum drawdown, last 10Y | −27.7% | −23.5% |
| Maximum drawdown, last 5Y | −12.7% | −12.7% |
| Current drawdown | −10.6% | −5.8% |
| Recovery time of worst fall | 214 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 2.13% a year and the Direct plan's 1.11%, a gap of 1.02%; over the last 3 years the Direct plan returned 1.20 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 ₹23,00,478.
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
- 8 Sep 2026: TER increased from 2.12% to 2.13% (AMFI TER disclosure)
- 5 Sep 2026: TER increased from 2.11% to 2.12% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Anupam Joshi | Debt | 7 Mar 2026 |
| Arun Agarwal | Arbitrage | 1 Apr 2025 |
| Nandita Menezes | Arbitrage | 1 Apr 2025 |
| Chirag Setalvad | Equities | 1 Sep 2026 |
| Gopal Agrawal | Fund Manager for Overseas Investments | 1 Sep 2026 |
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.
Stated 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.
Benchmark (tier 1): NIFTY 50 Hybrid Composite Debt 65:35 Index (Total Returns Index)
Exit load: 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.
Minimum application: Rs.100
Allotment date: 25 Feb 2016
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 | 2.13% | 2.18% |
| AUM, whole scheme (₹ crore) | 1,530 | 269 |
| Riskometer | Very 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) | -6.7% | -4.0% TRI |
| Return, 3 years (AMFI) | 5.5% | 6.1% TRI |
| Return, 5 years (AMFI) | 7.4% | 6.1% TRI |
| Month-ends above category median (3Y CAGR) | 86% | 35% median |
| Month-ends in category top quartile (3Y) | 75% | 9% median |
| 7Y rolling CAGR, median (monthly windows) | 13.6% | 9.9% median |
Official benchmark: NIFTY 50 Hybrid Composite Debt 65:35 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 | -10.0% | n/a | – |
| 2025 | 5.4% | n/a | – |
| 2024 | 14.0% | n/a | – |
| 2023 | 24.9% | n/a | – |
| 2022 | 4.8% | n/a | – |
| 2021 | 24.6% | n/a | – |
| 2020 | 17.4% | n/a | – |
| 2019 | 7.4% | n/a | – |
| 2018 | -0.5% | n/a | – |
| 2017 | 28.8% | 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 | ₹1,12,834 | -10.9% |
| 3 years | ₹3,60,000 | ₹3,51,639 | -1.5% |
| 5 years | ₹6,00,000 | ₹6,81,111 | 5.0% |
| 10 years | ₹12,00,000 | ₹19,93,070 | 9.8% |
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: HDFC Mutual Fund
Category: Retirement
Plan / option: Regular · Growth
AMFI scheme code: 136463
ISIN: INF179KB1MI4
First NAV in MFIC data: 26 Feb 2016
History: 10.6 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 |
|---|---|---|---|
| HDFC Retirement Fund - Equity Plan | Retirement | 0.98 | 7.0% |
| BANDHAN RETIREMENT FUND | Retirement | 0.98 | n/a |
| HDFC Children's Fund | Children's | 0.97 | 7.1% |
| UTI Retirement Fund | Retirement | 0.97 | 7.5% |
| Baroda BNP Paribas Retirement Fund | Retirement | 0.97 | n/a |
| Tata Childrens Fund | Children's | 0.97 | 2.7% |
Questions about HDFC Retirement Fund - Hybrid-Equity Plan
- What is the latest NAV of HDFC Retirement Fund - Hybrid-Equity Plan?
- The NAV of the Regular plan (growth option) was ₹35.5690 on 1 Oct 2026, as published by AMFI.
- Which category is HDFC Retirement Fund - Hybrid-Equity 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 HDFC Retirement Fund - Hybrid-Equity Plan delivered?
- Over one year the NAV changed by -7.7%. The 3-year CAGR is 5.4% (category median 7.2%) and the 5-year CAGR is 7.3% (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 14.4%, the lowest was -2.1%, and 99% of 3-year periods ended with a gain.
- What was the largest fall in HDFC Retirement Fund - Hybrid-Equity Plan's NAV?
- The largest peak-to-trough fall in its available history was 27.7%; within the last five years it was 12.7% (category median 12.7%).
- How volatile is HDFC Retirement Fund - Hybrid-Equity Plan?
- Its annualised standard deviation of monthly returns over the last 36 months is 10.9%, which is equal to the Retirement category median of 10.9%.
- What would a monthly SIP in HDFC Retirement Fund - Hybrid-Equity 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 ₹6,81,111 on 1 Oct 2026, an annualised return (XIRR) of 5.0%. 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 HDFC Retirement Fund - Hybrid-Equity Plan?
- The total expense ratio of the Regular plan is 2.13% 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 HDFC Retirement Fund - Hybrid-Equity Plan?
- Assets under management of the whole scheme were ₹1,530 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HDFC Retirement Fund - Hybrid-Equity Plan?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HDFC Retirement Fund - Hybrid-Equity Plan and how has it compared?
- Its official benchmark is the NIFTY 50 Hybrid Composite Debt 65:35 Index. Over 3 years AMFI reports a return of 5.5% for this plan against 6.1% for the benchmark total return index; over 5 years 7.4% against 6.1%. Past performance does not indicate future results.
- How often has HDFC Retirement Fund - Hybrid-Equity Plan beaten its category?
- At 86% of the 92 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 75% of them. A typical scheme would show about 50%.
- Who manages HDFC Retirement Fund - Hybrid-Equity Plan?
- According to its Scheme Summary Document, HDFC Retirement Fund - Hybrid-Equity Plan is managed by Anupam Joshi (since 7 Mar 2026), Arun Agarwal (since 1 Apr 2025), Nandita Menezes (since 1 Apr 2025), Chirag Setalvad (since 1 Sep 2026), Gopal Agrawal (since 1 Sep 2026).
- What is the exit load of HDFC Retirement Fund - Hybrid-Equity Plan?
- As stated in its scheme documents: 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. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HDFC Retirement Fund - Hybrid-Equity Plan?
- The minimum application amount is Rs.100. SIP details: For SIP DSIP, WSIP, MSIP - Rs. 100; QSIP - Rs. 1500; HSIP - Rs. 2500; YSIP - Rs. 5000. For SWAP Fixed SWAP - Rs. 100; Variable SWAP - Rs. 300. For STP Fixed STP (FSTP) Daily FSTP - Rs. 500; Weekly FSTP - Rs. 500; Monthly FSTP - Rs. 1000; Quarterly FSTP -Rs. 3000. Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300; Quarterly CASTP - Rs 1000..
- 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 -6.7% and the Regular plan's by -7.7%. 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.