Tata Retirement Savings Fund-Progressive Plan
Tata Mutual Fund · Retirement · Direct plan, growth option
NAV (₹), 1 Oct 2026
79.9318
1-day change
-1.32%
1Y return
2.8%
3Y CAGR
11.3%
5Y CAGR
9.6%
Max drawdown, 5Y
−19.7%
NAV history month-end NAV, ₹ · 4 Jan 2013 to 1 Oct 2026
Returns vs Retirement median (29 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -7.1% | -4.4% |
| 3 months | -4.4% | -2.3% |
| 6 months | 12.0% | 5.3% |
| Year to date | -0.1% | -1.7% |
| 1 year | 2.8% | 0.8% |
| 3 years (CAGR) | 11.3% | 8.2% |
| 5 years (CAGR) | 9.6% | 8.4% |
| 7 years (CAGR) | 13.5% | 11.0% |
| 10 years (CAGR) | 13.2% | 9.9% |
| Since first NAV (CAGR) | 14.6% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 14.7% | 9.6% |
| 3Y rolling median | 16.8% | 12.9% |
| 3Y rolling worst | -1.7% | 5.7% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 15.8% | 11.7% |
| 5Y rolling worst | 3.4% | 6.8% |
| 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.) | 16.8% | 10.9% |
| Sharpe ratio | 0.33 | 0.24 |
| Sortino ratio | 0.50 | 0.34 |
| 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 | −34.2% | −16.5% |
| Maximum drawdown, last 10Y | −34.2% | −23.2% |
| Maximum drawdown, last 5Y | −19.7% | −12.3% |
| Current drawdown | −8.0% | −5.6% |
| Recovery time of worst fall | 199 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 2.21% a year and the Direct plan's 0.85%, a gap of 1.36%; over the last 3 years the Direct plan returned 1.60 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 ₹31,04,901.
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
- 28 Sep 2026: TER increased from 0.84% to 0.85% (AMFI TER disclosure)
- 15 Sep 2026: TER increased from 0.83% to 0.84% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| 1 Murthy Nagarajan | 1 Apr 2017 | |
| 2 Sonam Udasi | 1 Apr 2016 |
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 85% - 100%, Debt & Money Market instruments 0% - 15%, Other Securities# 0% -10%. # Other securities shall include: Overseas Exchange Traded Funds / Foreign Securities / Foreign Funds, Gold/Silver ETFs/ ETCDs/InvITs 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…
Benchmark (tier 1): Nifty 500 TRI
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), Direct plan | 0.85% | 1.16% |
| AUM, whole scheme (₹ crore) | 2,104 | 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) | 4.9% | -2.0% TRI |
| Return, 3 years (AMFI) | 11.8% | 9.5% TRI |
| Return, 5 years (AMFI) | 9.9% | 9.0% TRI |
| Month-ends above category median (3Y CAGR) | 96% | 41% median |
| Month-ends in category top quartile (3Y) | 82% | 9% median |
| 7Y rolling CAGR, median (monthly windows) | 14.5% | 10.7% median |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Retirement Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -0.1% | n/a | – |
| 2025 | 0.2% | n/a | – |
| 2024 | 23.5% | n/a | – |
| 2023 | 30.9% | n/a | – |
| 2022 | -2.4% | n/a | – |
| 2021 | 25.2% | n/a | – |
| 2020 | 16.3% | n/a | – |
| 2019 | 13.5% | n/a | – |
| 2018 | -4.9% | n/a | – |
| 2017 | 51.0% | 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 | ₹1,20,340 | 0.5% |
| 3 years | ₹3,60,000 | ₹3,88,107 | 4.9% |
| 5 years | ₹6,00,000 | ₹7,75,423 | 10.2% |
| 10 years | ₹12,00,000 | ₹23,04,973 | 12.5% |
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: Direct · Growth
AMFI scheme code: 119251
ISIN: INF277K01QO1
First NAV in MFIC data: 4 Jan 2013
History: 13.7 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 |
|---|---|---|---|
| Tata Retirement Savings Fund-Moderate Plan | Retirement | 1.00 | 10.9% |
| Tata Retirement Savings Fund-Conservative Plan | Retirement | 0.97 | 7.2% |
| ADITYA BIRLA SUN LIFE BAL BHAVISHYA YOJNA | Children's | 0.96 | 9.5% |
| Baroda BNP Paribas Retirement Fund | Retirement | 0.96 | n/a |
| PGIM India Retirement Fund | Retirement | 0.96 | n/a |
| Union Retirement Fund | Retirement | 0.95 | 11.6% |
Questions about Tata Retirement Savings Fund-Progressive Plan
- What is the latest NAV of Tata Retirement Savings Fund-Progressive Plan?
- The NAV of the Direct plan (growth option) was ₹79.9318 on 1 Oct 2026, as published by AMFI.
- Which category is Tata Retirement Savings Fund-Progressive Plan in?
- It is classified as Retirement in AMFI's daily NAV file. MFIC compares it with 29 Retirement schemes (Direct plans).
- What returns has Tata Retirement Savings Fund-Progressive Plan delivered?
- Over one year the NAV changed by 2.8%. The 3-year CAGR is 11.3% (category median 8.2%) and the 5-year CAGR is 9.6% (category median 8.4%). 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 16.8%, the lowest was -1.7%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Tata Retirement Savings Fund-Progressive Plan's NAV?
- The largest peak-to-trough fall in its available history was 34.2%; within the last five years it was 19.7% (category median 12.3%).
- How volatile is Tata Retirement Savings Fund-Progressive Plan?
- Its annualised standard deviation of monthly returns over the last 36 months is 16.8%, which is above the Retirement category median of 10.9%.
- What would a monthly SIP in Tata Retirement Savings Fund-Progressive 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 ₹7,75,423 on 1 Oct 2026, an annualised return (XIRR) of 10.2%. This uses the Direct 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-Progressive Plan?
- The total expense ratio of the Direct plan is 0.85% a year, as disclosed to AMFI (median of Retirement Direct plans: 1.16%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Tata Retirement Savings Fund-Progressive Plan?
- Assets under management of the whole scheme were ₹2,104 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Tata Retirement Savings Fund-Progressive Plan?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Tata Retirement Savings Fund-Progressive Plan and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 11.8% for this plan against 9.5% for the benchmark total return index; over 5 years 9.9% against 9.0%. Past performance does not indicate future results.
- How often has Tata Retirement Savings Fund-Progressive Plan beaten its category?
- At 96% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Retirement schemes (Direct plans); it was in the top quarter at 82% of them. A typical scheme would show about 50%.
- Who manages Tata Retirement Savings Fund-Progressive Plan?
- According to its Scheme Summary Document, Tata Retirement Savings Fund-Progressive Plan is managed by 1 Murthy Nagarajan (since 1 Apr 2017), 2 Sonam Udasi (since 1 Apr 2016).
- What is the exit load of Tata Retirement Savings Fund-Progressive 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-Progressive Plan?
- The minimum application amount is ₹5,000. SIP details: SIP-- 150.00/1,000.00/1,000.00/1,500.00/150.00/150.00 ;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 1.3%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
Follow Tata Retirement Savings Fund-Progressive Plan by email
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.
Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct 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.