Tata Retirement Savings Conservative Fund
Retirement SolutionsModerately HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹32.90+0.34%1 day
- Return since launch
- 8.2%
- 52-week range
- ₹30.54 — ₹33.21
- AUM
- ₹161 Cr
Tata Retirement Savings Conservative Fund is a Retirement Solutions hybrid fund from Tata Mutual Fund with ₹161 Cr under management, launched in 2011. Over three years it has returned 4.6% a year, against 8.6% for its category. The expense ratio is 2.16% and the SEBI riskometer reading is Moderately High.
Performance
Tata Retirement Savings Conservative Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.2% against +0.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.6% | +3.1 pts | 1.5% | 3.3% |
| 2Y | 4.0% | −0.4 pts | 4.4% | 3.3% |
| 3Y | 4.6% | −4.0 pts | 8.6% | 4.6% |
| 5Y | 6.1% | −1.0 pts | 7.1% | 7.4% |
| 7Y | 6.3% | −3.3 pts | 9.6% | 8.2% |
| 10Y | 6.6% | −1.7 pts | 8.3% | 8.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 2.5% | −1.9 pts | 4.4% | 4.3% |
| 3M | -0.7% | −0.1 pts | -0.6% | -0.4% |
| 6M | 2.6% | −0.8 pts | 3.4% | 3.2% |
| 1Y | 3.2% | +1.7 pts | 1.5% | 0.4% |
| 2Y | 3.5% | +0.2 pts | 3.3% | 3.5% |
| 3Y | 6.7% | −1.9 pts | 8.6% | 8.6% |
| 5Y | 5.5% | −1.6 pts | 7.1% | 7.1% |
| 7Y | 6.8% | −3.2 pts | 10.0% | 9.0% |
| 10Y | 6.9% | −1.3 pts | 8.3% | 8.3% |
Since launch (7 Oct 2011): 8.2%
Calendar-year returns
Category average11.8%
7.6%
0.1%
12.1%
9.8%
3.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 3.6% | −2.9 pts | 6.5% |
| 2024 | 9.8% | −5.0 pts | 14.8% |
| 2023 | 12.1% | −6.5 pts | 18.6% |
| 2022 | 0.1% | −2.3 pts | 2.4% |
| 2021 | 7.6% | −7.4 pts | 15.0% |
| 2020 | 11.8% | −2.7 pts | 14.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.17%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.83%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.32%
- Exit load
- Exit load of 1% if redeemed before 61 months.
- Lock-in
- 5 years
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Short Term Debt Hybrid 75+25 Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderately High
Your principal is treated as being at moderately high risk — typically balanced hybrid and index-led equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.07 | 0.40 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.09 | 0.54 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 5.72 | 13.28 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Tata Retirement Savings Conservative Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity27.8%
- Debt68.9%
- Other3.3%
Market cap split
- Large57.3%
- Mid18.5%
- Small24.3%
- P/E
- 26.89
- P/B
- 4.32
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 10.85% | ₹17.89 Cr | +3.60% | +10.92% | +3.90% |
| GOI | Sovereign | 9.14% | ₹15.13 Cr | +9.07% | +9.67% | +2.97% |
| Shivshakti Securitisation Trust | Others | 2.88% | ₹4.77 Cr | +2.92% | +3.11% | +2.89% |
| Solar Industries India Ltd. | Chemicals | 1.50% | ₹2.48 Cr | +1.56% | +1.30% | +1.31% |
| ICICI Bank Ltd. | Financial | 1.44% | ₹2.38 Cr | +1.47% | +1.37% | +0.62% |
| Eternal Ltd. | Services | 1.22% | ₹2.02 Cr | +0.99% | +1.06% | +1.37% |
| Reliance Industries Ltd. | Energy | 1.16% | ₹1.92 Cr | +1.25% | +1.38% | +1.34% |
| Multi Commodity Exchange Of India Ltd. | Services | 1.09% | ₹1.81 Cr | +0.93% | +1.05% | +0.62% |
| Ather Energy Ltd. | Automobile | 1.07% | ₹1.78 Cr | — | — | — |
| Coal India Ltd. | Materials | 0.99% | ₹1.64 Cr | +1.01% | +1.13% | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.78% | ₹1.29 Cr | +0.78% | +0.45% | +0.31% |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.78% | ₹1.30 Cr | +0.70% | +0.66% | +0.62% |
| DOMS Industries Ltd. | Consumer Staples | 0.76% | ₹1.26 Cr | +0.82% | +0.87% | +0.86% |
| Radico Khaitan Ltd. | Consumer Staples | 0.71% | ₹1.18 Cr | +0.85% | +0.67% | +1.00% |
| Exide Industries Ltd. | Capital Goods | 0.70% | ₹1.15 Cr | +0.64% | +0.51% | +0.63% |
| Kotak Mahindra Bank Ltd. | Financial | 0.68% | ₹1.13 Cr | +0.63% | +0.60% | +0.41% |
| One 97 Communications Ltd. | Services | 0.64% | ₹1.06 Cr | — | — | — |
| Tata Consumer Products Ltd. | Consumer Staples | 0.61% | ₹1.02 Cr | +0.69% | +0.69% | +0.70% |
| 360 One Wam Ltd. | Financial | 0.60% | ₹0.99 Cr | +0.62% | +0.58% | +0.57% |
| Titan Company Ltd. | Consumer Discretionary | 0.60% | ₹0.99 Cr | +0.71% | +0.68% | +0.52% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.59% | ₹0.98 Cr | +0.40% | — | — |
| Nippon Life India Asset Management Ltd. | Financial | 0.58% | ₹0.96 Cr | +0.88% | +0.83% | +0.82% |
| Polycab India Ltd. | Capital Goods | 0.58% | ₹0.96 Cr | +0.80% | +0.59% | +0.57% |
| Bikaji Foods International Ltd. | Consumer Staples | 0.57% | ₹0.94 Cr | +0.70% | +0.71% | +0.77% |
| Fujiyama Power Systems Ltd. | Energy | 0.56% | ₹0.93 Cr | +0.45% | +0.29% | — |
| BSE Ltd. | Services | 0.55% | ₹0.92 Cr | +1.14% | +0.99% | +0.85% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.53% | ₹0.88 Cr | +0.52% | +0.43% | — |
| Karur Vysya Bank Ltd. | Financial | 0.53% | ₹0.88 Cr | +0.70% | +0.73% | +0.62% |
| Nestle India Ltd. | Consumer Staples | 0.53% | ₹0.87 Cr | +0.56% | +0.50% | +0.24% |
| Oil India Ltd. | Energy | 0.53% | ₹0.87 Cr | +0.48% | +0.58% | +0.46% |
| HCL Technologies Ltd. | Technology | 0.47% | ₹0.77 Cr | +0.40% | +0.69% | +0.49% |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | 0.41% | ₹0.68 Cr | +0.58% | +0.33% | +0.35% |
| PB Fintech Ltd. | Services | 0.41% | ₹0.67 Cr | +0.61% | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.40% | ₹0.66 Cr | +0.33% | — | — |
| Rainbow Children's Medicare Ltd. | Healthcare | 0.39% | ₹0.64 Cr | +0.41% | +0.36% | +0.31% |
| Grindwell Norton Ltd. | Metals & Mining | 0.37% | ₹0.61 Cr | +0.39% | — | — |
| Adani Power Ltd. | Energy | 0.34% | ₹0.57 Cr | +0.37% | — | — |
| Tata Consultancy Services Ltd. | Technology | 0.33% | ₹0.55 Cr | +0.33% | +0.40% | +1.05% |
| Shriram Finance Ltd | Financial | 0.32% | ₹0.53 Cr | +0.33% | +0.30% | — |
| Muthoot Finance Ltd. | Financial | 0.31% | ₹0.52 Cr | +0.52% | +0.58% | +0.69% |
| Varun Beverages Ltd. | Consumer Staples | 0.31% | ₹0.51 Cr | +0.35% | — | — |
| The Ramco Cements Ltd. | Materials | 0.28% | ₹0.47 Cr | — | — | — |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 0.27% | ₹0.44 Cr | +0.23% | — | — |
| Manappuram Finance Ltd. | Financial | 0.27% | ₹0.45 Cr | +0.40% | +0.33% | +0.33% |
| Maruti Suzuki India Ltd. | Automobile | 0.26% | ₹0.43 Cr | +0.30% | +0.28% | — |
| Godrej Industries Ltd. | Consumer Staples | 0.25% | ₹0.42 Cr | +0.28% | +0.19% | +0.28% |
| Godrej Agrovet Ltd. | Consumer Staples | 0.23% | ₹0.37 Cr | +0.20% | +0.20% | +0.28% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.20% | ₹0.33 Cr | +0.22% | — | — |
| Zensar Technologies Ltd. | Technology | 0.18% | ₹0.30 Cr | +0.18% | +0.23% | +0.36% |
| Adani Energy Solutions Ltd. | Energy | 0.14% | ₹0.24 Cr | — | — | — |
| Diamond Power Infrastructure Ltd. | Capital Goods | 0.09% | ₹0.16 Cr | — | — | — |
| RBL Bank Ltd. | Financial | 0.04% | ₹0.07 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:11779 | 5.84% | 0.00% | -5.84% |
| Others | 1.88% | 1.37% | -0.51% |
| GOI | 8.69% | 9.14% | +0.45% |
| Metro Brands Ltd. | 0.30% | 0.00% | -0.30% |
| PB Fintech Ltd. | 0.69% | 0.41% | -0.28% |
| One 97 Communications Ltd. | 0.45% | 0.64% | +0.19% |
| Ather Energy Ltd. | 1.25% | 1.07% | -0.18% |
| Polycab India Ltd. | 0.70% | 0.58% | -0.12% |
| Solar Industries India Ltd. | 1.61% | 1.50% | -0.11% |
| Adani Ports and Special Economic Zone Ltd. | 0.67% | 0.78% | +0.11% |
| Bikaji Foods International Ltd. | 0.66% | 0.57% | -0.09% |
| ICICI Bank Ltd. | 1.53% | 1.44% | -0.09% |
| Coal India Ltd. | 0.91% | 0.99% | +0.08% |
| Dixon Technologies (India) Ltd. | 0.86% | 0.78% | -0.08% |
| Fujiyama Power Systems Ltd. | 0.63% | 0.56% | -0.07% |
| 360 One Wam Ltd. | 0.66% | 0.60% | -0.06% |
| Reliance Industries Ltd. | 1.21% | 1.16% | -0.05% |
| Tata Consultancy Services Ltd. | 0.38% | 0.33% | -0.05% |
| Nestle India Ltd. | 0.58% | 0.53% | -0.05% |
| Nippon Life India Asset Management Ltd. | 0.62% | 0.58% | -0.04% |
| Shivshakti Securitisation Trust | 2.84% | 2.88% | +0.04% |
| Sun Pharmaceutical Industries Ltd. | 0.63% | 0.59% | -0.04% |
| Tata Consumer Products Ltd. | 0.65% | 0.61% | -0.04% |
| Varun Beverages Ltd. | 0.27% | 0.31% | +0.04% |
| Maruti Suzuki India Ltd. | 0.29% | 0.26% | -0.03% |
| Shriram Finance Ltd | 0.35% | 0.32% | -0.03% |
| Adani Power Ltd. | 0.32% | 0.34% | +0.02% |
| DOMS Industries Ltd. | 0.78% | 0.76% | -0.02% |
| Exide Industries Ltd. | 0.72% | 0.70% | -0.02% |
| Godrej Industries Ltd. | 0.27% | 0.25% | -0.02% |
| Karur Vysya Bank Ltd. | 0.55% | 0.53% | -0.02% |
| Kotak Mahindra Bank Ltd. | 0.66% | 0.68% | +0.02% |
| Muthoot Finance Ltd. | 0.33% | 0.31% | -0.02% |
| Oil India Ltd. | 0.55% | 0.53% | -0.02% |
| Apollo Hospitals Enterprise Ltd. | 0.42% | 0.40% | -0.02% |
| Manappuram Finance Ltd. | 0.29% | 0.27% | -0.02% |
| Rainbow Children's Medicare Ltd. | 0.41% | 0.39% | -0.02% |
| BSE Ltd. | 0.57% | 0.55% | -0.02% |
| Billionbrains Garage Ventures Ltd. | 0.54% | 0.53% | -0.01% |
| Eternal Ltd. | 1.21% | 1.22% | +0.01% |
| Glaxosmithkline Pharmaceuticals Ltd. | 0.28% | 0.27% | -0.01% |
| Godrej Agrovet Ltd. | 0.22% | 0.23% | +0.01% |
| Grindwell Norton Ltd. | 0.36% | 0.37% | +0.01% |
| HCL Technologies Ltd. | 0.48% | 0.47% | -0.01% |
| Kirloskar Pneumatic Company Ltd. | 0.42% | 0.41% | -0.01% |
| Titan Company Ltd. | 0.59% | 0.60% | +0.01% |
| Zensar Technologies Ltd. | 0.19% | 0.18% | -0.01% |
| Adani Energy Solutions Ltd. | 0.15% | 0.14% | -0.01% |
| Vedanta Aluminium Metal Ltd. | 0.21% | 0.20% | -0.01% |
| Diamond Power Infrastructure Ltd. | 0.09% | 0.09% | 0.00% |
| Multi Commodity Exchange Of India Ltd. | 1.09% | 1.09% | 0.00% |
| RBL Bank Ltd. | 0.04% | 0.04% | 0.00% |
| Radico Khaitan Ltd. | 0.71% | 0.71% | 0.00% |
| The Ramco Cements Ltd. | 0.28% | 0.28% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹886 Cr | 2.42% | 5.9% | 6.1% | 9.8% |
| Tata Retirement Savings Moderate Fund | ₹2,115 Cr | 2.16% | 9.2% | 6.9% | 10.2% |
 ICICI Prudential Retirement Fund - Hybrid Aggressive Plan | ₹1,268 Cr | 2.45% | 0.6% | 7.3% | 12.8% |
 Axis Retirement Fund - Aggressive Plan | ₹666 Cr | 2.49% | 6.3% | 4.8% | 8.2% |
| Axis Retirement Fund - Dynamic Plan | ₹269 Cr | 2.56% | 7.3% | 5.2% | 8.7% |
 Aditya Birla Sun Life Retirement Fund - The 40s Plan | ₹110 Cr | 2.42% | 6.2% | 6.4% | 9.2% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The fund seeks to provide a financial planning tool for long term financial security for investors based on their retirement planning goals.
Fund managers
- Amit SomaniMr.Somani is a B.Com, PGDBM and CFA.Prior to joining Tata Asset Management Ltd in 2010 he has worked with Fidelity Investments Netscribes Pvt. ltd, SPA Capital and Khandwala Securities.
- Murthy NagarajanMr. Nagarajan is a M.Com, ICWA and PGPMS.Prior to joining Tata AMC he has worked with Quantum AMC as head fixed income, Mirae Asset Global Investment India Ltd..
- Sonam UdasiMr. Udasi is a B.Com and also holds PGDM(Finance).Prior to joining Tata AMC he was associated with ASK Raymond James, JM Financial AMC, Prime Securities, BRICS Securities and IDBI Capital Market Services Ltd.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.64% absolute | ₹60,000 | ₹61,584 | 2.64% | |
| 1 year3.21% annualised | ₹1,20,000 | ₹1,22,107 | 1.76% | |
| 3 years6.69% annualised | ₹3,60,000 | ₹3,99,663 | 11.02% | |
| 5 years5.45% annualised | ₹6,00,000 | ₹6,91,051 | 15.18% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Tata Retirement Savings Conservative Fund?
The NAV of Tata Retirement Savings Conservative Fund is ₹32.90 as on 9 Nov 2026.
What is the expense ratio of Tata Retirement Savings Conservative Fund?
The expense ratio of Tata Retirement Savings Conservative Fund is 2.16% per year.
What is the minimum SIP amount for Tata Retirement Savings Conservative Fund?
You can start a SIP in Tata Retirement Savings Conservative Fund with ₹3,000 a month.
What returns has Tata Retirement Savings Conservative Fund given?
Tata Retirement Savings Conservative Fund has returned 4.6% over 1 year, 4.6% over 3 years and 6.1% over 5 years (annualised).
Is there a lock-in or exit load on Tata Retirement Savings Conservative Fund?
Lock-in: 5 years. Exit load: Exit load of 1% if redeemed before 61 months..
How risky is Tata Retirement Savings Conservative Fund?
Tata Retirement Savings Conservative Fund is rated Moderately High on the SEBI riskometer and belongs to the Retirement Solutions category.
Which fund house manages Tata Retirement Savings Conservative Fund?
Tata Retirement Savings Conservative Fund is managed by Tata Mutual Fund, which runs 62 schemes with ₹2,39,201 Cr under management.