Tata Retirement Savings Moderate Fund
Retirement SolutionsVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹67.97+0.73%1 day
- Return since launch
- 13.5%
- 52-week range
- ₹57.25 — ₹69.29
- AUM
- ₹2,115 Cr
Tata Retirement Savings Moderate Fund is a Retirement Solutions hybrid fund from Tata Mutual Fund with ₹2,115 Cr under management, launched in 2011. Over three years it has returned 6.9% a year, against 8.6% for its category. The expense ratio is 2.15% and the SEBI riskometer reading is Very High.
Performance
Tata Retirement Savings Moderate Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.2% 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 | 9.2% | +7.7 pts | 1.5% | 3.3% |
| 2Y | 6.5% | +2.1 pts | 4.4% | 3.3% |
| 3Y | 6.9% | −1.7 pts | 8.6% | 4.6% |
| 5Y | 10.2% | +3.2 pts | 7.1% | 7.4% |
| 7Y | 11.3% | +1.7 pts | 9.6% | 8.2% |
| 10Y | 11.1% | +2.9 pts | 8.3% | 8.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 4.9% | +0.5 pts | 4.4% | 4.3% |
| 3M | -1.1% | −0.5 pts | -0.6% | -0.4% |
| 6M | 4.3% | +0.9 pts | 3.4% | 3.2% |
| 1Y | 5.2% | +3.8 pts | 1.5% | 0.4% |
| 2Y | 3.7% | +0.4 pts | 3.3% | 3.5% |
| 3Y | 11.1% | +2.5 pts | 8.6% | 8.6% |
| 5Y | 8.8% | +1.7 pts | 7.1% | 7.1% |
| 7Y | 11.7% | +1.6 pts | 10.0% | 9.0% |
| 10Y | 11.5% | +3.3 pts | 8.3% | 8.3% |
Since launch (7 Oct 2011): 13.5%
Calendar-year returns
Category average15.1%
20.5%
-1.9%
25.3%
19.3%
1.0%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 1.0% | −5.4 pts | 6.5% |
| 2024 | 19.3% | +4.5 pts | 14.8% |
| 2023 | 25.3% | +6.7 pts | 18.6% |
| 2022 | -1.9% | −4.3 pts | 2.4% |
| 2021 | 20.5% | +5.5 pts | 15.0% |
| 2020 | 15.1% | +0.5 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
2.16%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.73%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.38%
- 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 Hybrid 25+75 Aggressive Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic 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 | 0.32 | 0.43 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.46 | 0.56 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 14.36 | 13.01 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Tata Retirement Savings Moderate Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Equity79.1%
- Debt14.1%
- Other6.9%
Market cap split
- Large54.5%
- Mid21.6%
- Small23.9%
- P/E
- 29.66
- P/B
- 4.30
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 6.86% | ₹146 Cr | +3.64% | +3.12% | +3.34% |
| Solar Industries India Ltd. | Chemicals | 4.74% | ₹100 Cr | +4.64% | +3.80% | +3.49% |
| ICICI Bank Ltd. | Financial | 4.27% | ₹90.40 Cr | +4.32% | +4.37% | +1.74% |
| Eternal Ltd. | Services | 3.49% | ₹73.73 Cr | +2.80% | +2.93% | +3.71% |
| Multi Commodity Exchange Of India Ltd. | Services | 3.23% | ₹68.32 Cr | +2.70% | +3.08% | +1.77% |
| Reliance Industries Ltd. | Energy | 3.23% | ₹68.37 Cr | +3.42% | +4.10% | +3.83% |
| Radico Khaitan Ltd. | Consumer Staples | 2.60% | ₹55.01 Cr | +2.77% | +2.94% | +3.63% |
| Adani Ports and Special Economic Zone Ltd. | Services | 2.07% | ₹43.70 Cr | +2.02% | +0.94% | +0.86% |
| 360 One Wam Ltd. | Financial | 1.97% | ₹41.72 Cr | +2.00% | +2.04% | +1.72% |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | 1.95% | ₹41.26 Cr | +2.74% | +1.68% | +1.73% |
| Karur Vysya Bank Ltd. | Financial | 1.93% | ₹40.92 Cr | +1.84% | +2.07% | +1.69% |
| Kotak Mahindra Bank Ltd. | Financial | 1.90% | ₹40.16 Cr | +1.65% | +1.62% | +0.93% |
| Exide Industries Ltd. | Capital Goods | 1.81% | ₹38.25 Cr | +1.65% | +1.41% | +1.71% |
| Coal India Ltd. | Materials | 1.75% | ₹37.10 Cr | +1.33% | +1.42% | — |
| Rainbow Children's Medicare Ltd. | Healthcare | 1.73% | ₹36.55 Cr | +1.81% | +1.71% | +1.67% |
| One 97 Communications Ltd. | Services | 1.71% | ₹36.24 Cr | — | — | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.70% | ₹35.97 Cr | +1.08% | — | — |
| Tata Consumer Products Ltd. | Consumer Staples | 1.68% | ₹35.51 Cr | +1.85% | +2.01% | +1.99% |
| Titan Company Ltd. | Consumer Discretionary | 1.64% | ₹34.68 Cr | +2.00% | +2.07% | +1.43% |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.62% | ₹34.19 Cr | +1.43% | +1.71% | +1.45% |
| Nippon Life India Asset Management Ltd. | Financial | 1.59% | ₹33.71 Cr | +2.45% | +2.25% | +2.18% |
| BSE Ltd. | Services | 1.58% | ₹33.39 Cr | +3.04% | +3.41% | +2.86% |
| Billionbrains Garage Ventures Ltd. | Financial | 1.53% | ₹32.28 Cr | +1.50% | +1.29% | — |
| Polycab India Ltd. | Capital Goods | 1.48% | ₹31.33 Cr | +2.47% | +1.96% | +1.86% |
| DOMS Industries Ltd. | Consumer Staples | 1.46% | ₹30.81 Cr | +1.55% | +1.78% | +1.72% |
| Nestle India Ltd. | Consumer Staples | 1.45% | ₹30.65 Cr | +1.51% | +1.46% | +0.83% |
| Oil India Ltd. | Energy | 1.44% | ₹30.52 Cr | +1.30% | +1.71% | +1.33% |
| GOI | Sovereign | 1.43% | ₹30.26 Cr | +1.40% | +1.62% | +1.45% |
| Pricol Ltd. | Automobile | 1.42% | ₹30.05 Cr | +1.11% | +1.09% | +1.02% |
| HCL Technologies Ltd. | Technology | 1.41% | ₹29.89 Cr | +1.20% | +1.98% | +1.41% |
| Fujiyama Power Systems Ltd. | Energy | 1.37% | ₹29.05 Cr | +1.08% | +0.62% | — |
| PB Fintech Ltd. | Services | 1.27% | ₹26.81 Cr | +1.89% | — | — |
| Muthoot Finance Ltd. | Financial | 1.22% | ₹25.73 Cr | +1.62% | +1.98% | +1.93% |
| Godrej Industries Ltd. | Consumer Staples | 1.18% | ₹25.05 Cr | +1.30% | +0.96% | +1.37% |
| National Bank For Agriculture & Rural Development | Financial | 1.18% | ₹24.89 Cr | +1.15% | — | — |
| Vedanta Ltd. | Metals & Mining | 1.18% | ₹25.02 Cr | — | +0.94% | — |
| HDFC Bank Ltd. | Financial | 1.17% | ₹24.70 Cr | +0.99% | +3.88% | +5.45% |
| Ather Energy Ltd. | Automobile | 1.16% | ₹24.57 Cr | — | — | — |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.15% | ₹24.25 Cr | +0.90% | — | — |
| Bikaji Foods International Ltd. | Consumer Staples | 1.15% | ₹24.42 Cr | +1.40% | +1.54% | +1.64% |
| Adani Power Ltd. | Energy | 1.08% | ₹22.88 Cr | +1.15% | +0.86% | — |
| Grasim Industries Ltd. | Materials | 1.04% | ₹22.05 Cr | +0.90% | — | — |
| RBL Bank Ltd. | Financial | 0.96% | ₹20.38 Cr | — | — | — |
| Adani Energy Solutions Ltd. | Energy | 0.90% | ₹18.93 Cr | — | — | — |
| Shivshakti Securitisation Trust | Others | 0.90% | ₹19.09 Cr | +0.90% | +1.04% | +0.95% |
| Varun Beverages Ltd. | Consumer Staples | 0.85% | ₹17.88 Cr | +0.90% | — | — |
| Shriram Finance Ltd | Financial | 0.84% | ₹17.69 Cr | +0.86% | +0.83% | — |
| The Ramco Cements Ltd. | Materials | 0.83% | ₹17.50 Cr | — | — | — |
| Tata Consultancy Services Ltd. | Technology | 0.79% | ₹16.61 Cr | +0.76% | +1.01% | +2.89% |
| Maruti Suzuki India Ltd. | Automobile | 0.76% | ₹16.16 Cr | +0.88% | +0.82% | — |
| Grindwell Norton Ltd. | Metals & Mining | 0.68% | ₹14.29 Cr | +0.71% | +0.26% | — |
| Diamond Power Infrastructure Ltd. | Capital Goods | 0.66% | ₹14.04 Cr | — | — | — |
| Manappuram Finance Ltd. | Financial | 0.54% | ₹11.37 Cr | +1.07% | +0.96% | +0.95% |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.53% | ₹11.15 Cr | +0.56% | — | — |
| Godrej Agrovet Ltd. | Consumer Staples | 0.52% | ₹10.94 Cr | +0.45% | +0.57% | +0.82% |
| Zensar Technologies Ltd. | Technology | 0.52% | ₹11.02 Cr | +0.51% | +0.71% | +0.91% |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 0.51% | ₹10.69 Cr | +0.39% | — | — |
| NHPC Ltd. | Energy | 0.23% | ₹4.95 Cr | +0.23% | +0.26% | +0.24% |
| CreditAccess Grameen Ltd. | Financial | 0.19% | ₹3.95 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Vedanta Ltd. | 0.00% | 1.18% | +1.18% |
| PB Fintech Ltd. | 2.10% | 1.27% | -0.83% |
| GOI | 0.65% | 1.43% | +0.78% |
| company:11779 | 0.67% | 0.00% | -0.67% |
| Metro Brands Ltd. | 0.59% | 0.00% | -0.59% |
| Polycab India Ltd. | 1.89% | 1.48% | -0.41% |
| Adani Ports and Special Economic Zone Ltd. | 1.72% | 2.07% | +0.35% |
| One 97 Communications Ltd. | 1.51% | 1.71% | +0.20% |
| Coal India Ltd. | 1.56% | 1.75% | +0.19% |
| Ather Energy Ltd. | 1.32% | 1.16% | -0.16% |
| Varun Beverages Ltd. | 0.69% | 0.85% | +0.16% |
| ICICI Bank Ltd. | 4.42% | 4.27% | -0.15% |
| Bikaji Foods International Ltd. | 1.30% | 1.15% | -0.15% |
| 360 One Wam Ltd. | 2.11% | 1.97% | -0.14% |
| Eternal Ltd. | 3.36% | 3.49% | +0.13% |
| Fujiyama Power Systems Ltd. | 1.49% | 1.37% | -0.12% |
| Nestle India Ltd. | 1.56% | 1.45% | -0.11% |
| RBL Bank Ltd. | 0.85% | 0.96% | +0.11% |
| Kotak Mahindra Bank Ltd. | 1.79% | 1.90% | +0.11% |
| Multi Commodity Exchange Of India Ltd. | 3.13% | 3.23% | +0.10% |
| Dixon Technologies (India) Ltd. | 1.72% | 1.62% | -0.10% |
| Radico Khaitan Ltd. | 2.51% | 2.60% | +0.09% |
| Adani Power Ltd. | 0.99% | 1.08% | +0.09% |
| Titan Company Ltd. | 1.71% | 1.64% | -0.07% |
| Tata Consultancy Services Ltd. | 0.86% | 0.79% | -0.07% |
| HDFC Bank Ltd. | 1.10% | 1.17% | +0.07% |
| National Bank For Agriculture & Rural Development | 1.11% | 1.18% | +0.07% |
| Diamond Power Infrastructure Ltd. | 0.61% | 0.66% | +0.05% |
| Maruti Suzuki India Ltd. | 0.81% | 0.76% | -0.05% |
| Shriram Finance Ltd | 0.89% | 0.84% | -0.05% |
| Sun Pharmaceutical Industries Ltd. | 1.75% | 1.70% | -0.05% |
| Nippon Life India Asset Management Ltd. | 1.64% | 1.59% | -0.05% |
| Godrej Agrovet Ltd. | 0.48% | 0.52% | +0.04% |
| Grasim Industries Ltd. | 1.08% | 1.04% | -0.04% |
| Grindwell Norton Ltd. | 0.64% | 0.68% | +0.04% |
| Reliance Industries Ltd. | 3.27% | 3.23% | -0.04% |
| Shivshakti Securitisation Trust | 0.86% | 0.90% | +0.04% |
| Tata Consumer Products Ltd. | 1.72% | 1.68% | -0.04% |
| Billionbrains Garage Ventures Ltd. | 1.50% | 1.53% | +0.03% |
| Godrej Industries Ltd. | 1.21% | 1.18% | -0.03% |
| Others | 2.94% | 2.91% | -0.03% |
| Apollo Hospitals Enterprise Ltd. | 1.17% | 1.15% | -0.02% |
| Karur Vysya Bank Ltd. | 1.95% | 1.93% | -0.02% |
| Muthoot Finance Ltd. | 1.24% | 1.22% | -0.02% |
| Oil India Ltd. | 1.46% | 1.44% | -0.02% |
| Rainbow Children's Medicare Ltd. | 1.75% | 1.73% | -0.02% |
| The Ramco Cements Ltd. | 0.81% | 0.83% | +0.02% |
| Adani Energy Solutions Ltd. | 0.91% | 0.90% | -0.01% |
| BSE Ltd. | 1.57% | 1.58% | +0.01% |
| DOMS Industries Ltd. | 1.45% | 1.46% | +0.01% |
| Glaxosmithkline Pharmaceuticals Ltd. | 0.52% | 0.51% | -0.01% |
| HCL Technologies Ltd. | 1.42% | 1.41% | -0.01% |
| Kirloskar Pneumatic Company Ltd. | 1.94% | 1.95% | +0.01% |
| NHPC Ltd. | 0.22% | 0.23% | +0.01% |
| Pricol Ltd. | 1.43% | 1.42% | -0.01% |
| Vedanta Aluminium Metal Ltd. | 0.52% | 0.53% | +0.01% |
| Zensar Technologies Ltd. | 0.53% | 0.52% | -0.01% |
| CreditAccess Grameen Ltd. | 0.19% | 0.19% | 0.00% |
| Exide Industries Ltd. | 1.81% | 1.81% | 0.00% |
| Manappuram Finance Ltd. | 0.54% | 0.54% | 0.00% |
| Solar Industries India Ltd. | 4.74% | 4.74% | 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 | ₹564 Cr | 2.48% | 5.1% | 5.9% | 9.7% |
 ICICI Prudential Retirement Fund - Hybrid Aggressive Plan | ₹1,218 Cr | 2.45% | 0.6% | 7.3% | 12.8% |
 Axis Retirement Fund - Aggressive Plan | ₹664 Cr | 2.49% | 6.3% | 4.8% | 8.2% |
| Axis Retirement Fund - Dynamic Plan | ₹267 Cr | 2.56% | 7.3% | 5.2% | 8.7% |
 Aditya Birla Sun Life Retirement Fund - The 40s Plan | ₹108 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 months4.28% absolute | ₹60,000 | ₹62,568 | 4.28% | |
| 1 year5.24% annualised | ₹1,20,000 | ₹1,23,461 | 2.88% | |
| 3 years11.08% annualised | ₹3,60,000 | ₹4,28,671 | 19.08% | |
| 5 years8.76% annualised | ₹6,00,000 | ₹7,54,980 | 25.83% |
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 Moderate Fund?
The NAV of Tata Retirement Savings Moderate Fund is ₹67.97 as on 9 Nov 2026.
What is the expense ratio of Tata Retirement Savings Moderate Fund?
The expense ratio of Tata Retirement Savings Moderate Fund is 2.15% per year.
What is the minimum SIP amount for Tata Retirement Savings Moderate Fund?
You can start a SIP in Tata Retirement Savings Moderate Fund with ₹3,000 a month.
What returns has Tata Retirement Savings Moderate Fund given?
Tata Retirement Savings Moderate Fund has returned 9.2% over 1 year, 6.9% over 3 years and 10.2% over 5 years (annualised).
Is there a lock-in or exit load on Tata Retirement Savings Moderate Fund?
Lock-in: 5 years. Exit load: Exit load of 1% if redeemed before 61 months..
How risky is Tata Retirement Savings Moderate Fund?
Tata Retirement Savings Moderate Fund is rated Very High on the SEBI riskometer and belongs to the Retirement Solutions category.
Which fund house manages Tata Retirement Savings Moderate Fund?
Tata Retirement Savings Moderate Fund is managed by Tata Mutual Fund, which runs 62 schemes with ₹2,39,201 Cr under management.