Tata Retirement Savings Conservative Fund
Retirement SolutionsModerately HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹32.57-0.77%1 day
- Return since launch
- 8.3%
- 52-week range
- ₹30.54 — ₹33.21
- AUM
- ₹171 Cr
Tata Retirement Savings Conservative Fund is a Retirement Solutions hybrid fund from Tata Mutual Fund with ₹171 Cr under management, launched in 2011. Over three years it has returned 4.5% a year, against 8.0% 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 +3.0% 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 | 3.1% | +2.4 pts | 0.7% | -1.2% |
| 2Y | 3.4% | +1.1 pts | 2.2% | 1.3% |
| 3Y | 4.5% | −3.5 pts | 8.0% | 3.8% |
| 5Y | 6.0% | −0.9 pts | 6.9% | 7.0% |
| 7Y | 6.4% | −3.3 pts | 9.6% | 8.0% |
| 10Y | 6.6% | −1.5 pts | 8.1% | 8.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.8% | +0.8 pts | -2.6% | -2.4% |
| 3M | 0.1% | +0.8 pts | -0.8% | -1.1% |
| 6M | 5.1% | +0.8 pts | 4.3% | 4.2% |
| 1Y | 3.0% | +2.2 pts | 0.7% | -0.4% |
| 2Y | 2.2% | +1.8 pts | 0.3% | 0.8% |
| 3Y | 6.5% | −1.4 pts | 8.0% | 8.0% |
| 5Y | 5.3% | −1.6 pts | 6.9% | 6.8% |
| 7Y | 7.0% | −3.2 pts | 10.1% | 8.9% |
| 10Y | 6.8% | −1.3 pts | 8.1% | 8.1% |
Since launch (7 Oct 2011): 8.3%
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
2.18%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.83%
- Brokerage
- 0.02%
- Transaction charges
- 0.00%
- Statutory levies
- 0.33%
- 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 | 0.27 | 0.56 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.35 | 0.72 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 5.38 | 12.81 | 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 31 Aug 2026
Asset allocation
- Equity28.6%
- Debt66.5%
- Other4.8%
Market cap split
- Large53.3%
- Mid21.6%
- Small25.1%
- P/E
- 31.01
- P/B
- 4.90
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| GOI | Sovereign | 8.69% | ₹14.87 Cr | +9.16% | +3.04% | +2.95% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 5.84% | ₹9.99 Cr | +5.99% | +5.90% | +5.69% |
| Others | Others | 4.83% | ₹8.31 Cr | +2.84% | +4.64% | +4.80% |
| Shivshakti Securitisation Trust | Others | 2.84% | ₹4.86 Cr | +2.94% | +2.97% | — |
| Solar Industries India Ltd. | Chemicals | 1.61% | ₹2.75 Cr | +1.58% | +1.36% | +1.34% |
| ICICI Bank Ltd. | Financial | 1.53% | ₹2.62 Cr | +1.36% | +1.47% | +0.64% |
| Ather Energy Ltd. | Automobile | 1.25% | ₹2.14 Cr | — | — | — |
| Eternal Ltd. | Services | 1.21% | ₹2.07 Cr | +1.10% | +1.07% | +1.31% |
| Reliance Industries Ltd. | Energy | 1.21% | ₹2.07 Cr | +1.29% | +1.34% | +1.33% |
| Multi Commodity Exchange Of India Ltd. | Services | 1.09% | ₹1.87 Cr | +0.98% | +1.00% | +0.58% |
| Coal India Ltd. | Materials | 0.91% | ₹1.55 Cr | +1.07% | +1.01% | — |
| Dixon Technologies (India) Ltd. | Capital Goods | 0.86% | ₹1.47 Cr | +0.69% | — | +0.63% |
| DOMS Industries Ltd. | Consumer Staples | 0.78% | ₹1.34 Cr | +0.79% | +0.83% | +0.83% |
| Exide Industries Ltd. | Capital Goods | 0.72% | ₹1.23 Cr | +0.65% | +0.55% | +0.63% |
| Radico Khaitan Ltd. | Consumer Staples | 0.71% | ₹1.21 Cr | +0.76% | +0.63% | +0.98% |
| Polycab India Ltd. | Capital Goods | 0.70% | ₹1.19 Cr | +0.77% | +0.69% | +0.55% |
| PB Fintech Ltd. | Services | 0.69% | ₹1.18 Cr | — | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 0.67% | ₹1.15 Cr | +0.78% | +0.49% | +0.56% |
| 360 One Wam Ltd. | Financial | 0.66% | ₹1.13 Cr | +0.64% | +0.63% | +0.56% |
| Bikaji Foods International Ltd. | Consumer Staples | 0.66% | ₹1.13 Cr | +0.71% | +0.68% | +0.81% |
| Kotak Mahindra Bank Ltd. | Financial | 0.66% | ₹1.13 Cr | +0.63% | +0.67% | — |
| Tata Consumer Products Ltd. | Consumer Staples | 0.65% | ₹1.11 Cr | +0.76% | +0.73% | +0.65% |
| Fujiyama Power Systems Ltd. | Energy | 0.63% | ₹1.08 Cr | +0.45% | +0.26% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.63% | ₹1.07 Cr | +0.29% | — | — |
| Nippon Life India Asset Management Ltd. | Financial | 0.62% | ₹1.06 Cr | +0.85% | +0.91% | +0.73% |
| Titan Company Ltd. | Consumer Discretionary | 0.59% | ₹1.01 Cr | +0.66% | +0.69% | +0.52% |
| Nestle India Ltd. | Consumer Staples | 0.58% | ₹1.00 Cr | +0.57% | +0.51% | +0.23% |
| BSE Ltd. | Services | 0.57% | ₹0.97 Cr | +1.42% | +1.08% | +0.86% |
| Karur Vysya Bank Ltd. | Financial | 0.55% | ₹0.94 Cr | +0.70% | +0.77% | +0.69% |
| Oil India Ltd. | Energy | 0.55% | ₹0.94 Cr | +0.56% | +0.56% | +0.43% |
| Billionbrains Garage Ventures Ltd. | Financial | 0.54% | ₹0.92 Cr | +0.43% | +0.44% | — |
| HCL Technologies Ltd. | Technology | 0.48% | ₹0.83 Cr | +0.45% | +0.67% | +0.51% |
| company:17109 | Services | 0.45% | ₹0.77 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.42% | ₹0.72 Cr | +0.31% | — | — |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | 0.42% | ₹0.71 Cr | +0.47% | +0.34% | +0.35% |
| Rainbow Children's Medicare Ltd. | Healthcare | 0.41% | ₹0.69 Cr | +0.41% | +0.35% | +0.26% |
| Tata Consultancy Services Ltd. | Technology | 0.38% | ₹0.65 Cr | +0.37% | +0.42% | +1.11% |
| Grindwell Norton Ltd. | Metals & Mining | 0.36% | ₹0.62 Cr | +0.34% | — | — |
| Shriram Finance Ltd | Financial | 0.35% | ₹0.60 Cr | +0.31% | +0.35% | — |
| Muthoot Finance Ltd. | Financial | 0.33% | ₹0.57 Cr | +0.58% | +0.58% | +0.59% |
| Adani Power Ltd. | Energy | 0.32% | ₹0.55 Cr | +0.41% | — | — |
| Metro Brands Ltd. | Consumer Discretionary | 0.30% | ₹0.52 Cr | +0.41% | +0.42% | +0.43% |
| Manappuram Finance Ltd. | Financial | 0.29% | ₹0.49 Cr | +0.41% | +0.35% | +0.31% |
| Maruti Suzuki India Ltd. | Automobile | 0.29% | ₹0.49 Cr | +0.28% | +0.32% | — |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 0.28% | ₹0.49 Cr | — | — | — |
| The Ramco Cements Ltd. | Materials | 0.28% | ₹0.49 Cr | — | — | — |
| Godrej Industries Ltd. | Consumer Staples | 0.27% | ₹0.45 Cr | +0.27% | +0.24% | +0.28% |
| Varun Beverages Ltd. | Consumer Staples | 0.27% | ₹0.47 Cr | +0.30% | — | — |
| Godrej Agrovet Ltd. | Consumer Staples | 0.22% | ₹0.37 Cr | +0.21% | +0.23% | +0.30% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.21% | ₹0.35 Cr | +0.06% | — | — |
| Zensar Technologies Ltd. | Technology | 0.19% | ₹0.33 Cr | +0.21% | +0.24% | +0.36% |
| Adani Energy Solutions Ltd. | Energy | 0.15% | ₹0.26 Cr | — | — | — |
| Diamond Power Infrastructure Ltd. | Capital Goods | 0.09% | ₹0.15 Cr | — | — | — |
| company:12459 | Financial | 0.04% | ₹0.07 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Godrej Properties Ltd. | 0.46% | 0.00% | -0.46% |
| company:17109 | 0.00% | 0.45% | +0.45% |
| GE Vernova T&D India Ltd | 0.35% | 0.00% | -0.35% |
| Ather Energy Ltd. | 0.93% | 1.25% | +0.32% |
| GOI | 9.00% | 8.69% | -0.31% |
| Others | 1.61% | 1.88% | +0.27% |
| Nippon Life India Asset Management Ltd. | 0.88% | 0.62% | -0.26% |
| Bharat Electronics Ltd. | 0.25% | 0.00% | -0.25% |
| Radico Khaitan Ltd. | 0.93% | 0.71% | -0.22% |
| Multi Commodity Exchange Of India Ltd. | 0.88% | 1.09% | +0.21% |
| Muthoot Finance Ltd. | 0.54% | 0.33% | -0.21% |
| Sun Pharmaceutical Industries Ltd. | 0.42% | 0.63% | +0.21% |
| Manappuram Finance Ltd. | 0.46% | 0.29% | -0.17% |
| Solar Industries India Ltd. | 1.49% | 1.61% | +0.12% |
| Metro Brands Ltd. | 0.41% | 0.30% | -0.11% |
| Fujiyama Power Systems Ltd. | 0.53% | 0.63% | +0.10% |
| Apollo Hospitals Enterprise Ltd. | 0.33% | 0.42% | +0.09% |
| PB Fintech Ltd. | 0.60% | 0.69% | +0.09% |
| Eternal Ltd. | 1.13% | 1.21% | +0.08% |
| Jamnagar Utilities and Power Pvt. Ltd. | 5.91% | 5.84% | -0.07% |
| BSE Ltd. | 0.64% | 0.57% | -0.07% |
| Shivshakti Securitisation Trust | 2.89% | 2.84% | -0.05% |
| Adani Ports and Special Economic Zone Ltd. | 0.72% | 0.67% | -0.05% |
| Billionbrains Garage Ventures Ltd. | 0.50% | 0.54% | +0.04% |
| Dixon Technologies (India) Ltd. | 0.82% | 0.86% | +0.04% |
| Kotak Mahindra Bank Ltd. | 0.62% | 0.66% | +0.04% |
| Reliance Industries Ltd. | 1.25% | 1.21% | -0.04% |
| company:12459 | 0.00% | 0.04% | +0.04% |
| Godrej Industries Ltd. | 0.31% | 0.27% | -0.04% |
| Varun Beverages Ltd. | 0.31% | 0.27% | -0.04% |
| Coal India Ltd. | 0.95% | 0.91% | -0.04% |
| Tata Consumer Products Ltd. | 0.69% | 0.65% | -0.04% |
| Glaxosmithkline Pharmaceuticals Ltd. | 0.25% | 0.28% | +0.03% |
| Polycab India Ltd. | 0.73% | 0.70% | -0.03% |
| Rainbow Children's Medicare Ltd. | 0.44% | 0.41% | -0.03% |
| Adani Energy Solutions Ltd. | 0.18% | 0.15% | -0.03% |
| Zensar Technologies Ltd. | 0.22% | 0.19% | -0.03% |
| Adani Power Ltd. | 0.35% | 0.32% | -0.03% |
| Bikaji Foods International Ltd. | 0.68% | 0.66% | -0.02% |
| DOMS Industries Ltd. | 0.80% | 0.78% | -0.02% |
| Exide Industries Ltd. | 0.74% | 0.72% | -0.02% |
| Grindwell Norton Ltd. | 0.38% | 0.36% | -0.02% |
| HCL Technologies Ltd. | 0.50% | 0.48% | -0.02% |
| Kirloskar Pneumatic Company Ltd. | 0.44% | 0.42% | -0.02% |
| Nestle India Ltd. | 0.60% | 0.58% | -0.02% |
| Oil India Ltd. | 0.53% | 0.55% | +0.02% |
| Titan Company Ltd. | 0.57% | 0.59% | +0.02% |
| Godrej Agrovet Ltd. | 0.20% | 0.22% | +0.02% |
| Shriram Finance Ltd | 0.33% | 0.35% | +0.02% |
| 360 One Wam Ltd. | 0.65% | 0.66% | +0.01% |
| Maruti Suzuki India Ltd. | 0.30% | 0.29% | -0.01% |
| Vedanta Aluminium Metal Ltd. | 0.22% | 0.21% | -0.01% |
| Diamond Power Infrastructure Ltd. | 0.08% | 0.09% | +0.01% |
| The Ramco Cements Ltd. | 0.29% | 0.28% | -0.01% |
| ICICI Bank Ltd. | 1.53% | 1.53% | 0.00% |
| Karur Vysya Bank Ltd. | 0.55% | 0.55% | 0.00% |
| Tata Consultancy Services Ltd. | 0.38% | 0.38% | 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 | ₹936 Cr | 2.43% | 0.9% | 5.4% | 9.4% |
| Tata Retirement Savings Moderate Fund | ₹2,251 Cr | 2.17% | 5.8% | 6.5% | 10.0% |
 ICICI Prudential Retirement Fund - Hybrid Aggressive Plan | ₹1,320 Cr | 2.48% | 3.3% | 9.6% | 14.2% |
 Axis Retirement Fund - Aggressive Plan | ₹706 Cr | 2.49% | -3.0% | 2.7% | 6.9% |
| Axis Retirement Fund - Dynamic Plan | ₹285 Cr | 2.57% | -1.6% | 3.4% | 7.6% |
 Aditya Birla Sun Life Retirement Fund - The 40s Plan | ₹116 Cr | 2.42% | -0.2% | 5.0% | 8.4% |
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 months5.07% absolute | ₹60,000 | ₹63,042 | 5.07% | |
| 1 year2.95% annualised | ₹1,20,000 | ₹1,21,935 | 1.61% | |
| 3 years6.55% annualised | ₹3,60,000 | ₹3,98,779 | 10.77% | |
| 5 years5.33% annualised | ₹6,00,000 | ₹6,88,864 | 14.81% |
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 ₹32.57 as on 24 Sep 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 3.1% over 1 year, 4.5% over 3 years and 6.0% 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 61 schemes with ₹2,31,388 Cr under management.