Tata Retirement Savings Moderate Fund
Retirement SolutionsVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹66.64-1.74%1 day
- Return since launch
- 13.7%
- 52-week range
- ₹57.25 — ₹69.29
- AUM
- ₹2,251 Cr
Tata Retirement Savings Moderate Fund is a Retirement Solutions hybrid fund from Tata Mutual Fund with ₹2,251 Cr under management, launched in 2011. Over three years it has returned 6.5% a year, against 8.0% 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 +4.7% 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 | 5.8% | +5.0 pts | 0.7% | -1.2% |
| 2Y | 4.7% | +2.4 pts | 2.2% | 1.3% |
| 3Y | 6.5% | −1.4 pts | 8.0% | 3.8% |
| 5Y | 10.0% | +3.1 pts | 6.9% | 7.0% |
| 7Y | 11.4% | +1.8 pts | 9.6% | 8.0% |
| 10Y | 11.1% | +3.0 pts | 8.1% | 8.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.8% | −1.2 pts | -2.6% | -2.4% |
| 3M | 0.8% | +1.5 pts | -0.8% | -1.1% |
| 6M | 12.2% | +8.0 pts | 4.3% | 4.2% |
| 1Y | 4.7% | +4.0 pts | 0.7% | -0.4% |
| 2Y | 0.3% | 0.0 pts | 0.3% | 0.8% |
| 3Y | 10.9% | +2.9 pts | 8.0% | 8.0% |
| 5Y | 8.7% | +1.7 pts | 6.9% | 6.8% |
| 7Y | 12.0% | +1.9 pts | 10.1% | 8.9% |
| 10Y | 11.2% | +3.1 pts | 8.1% | 8.1% |
Since launch (7 Oct 2011): 13.7%
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
2.17%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.73%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.39%
- 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 | 0.50 | 0.58 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.69 | 0.73 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 13.76 | 12.57 | 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 31 Aug 2026
Asset allocation
- Equity80.7%
- Debt14.0%
- Other5.3%
Market cap split
- Large53.4%
- Mid22.2%
- Small24.4%
- P/E
- 32.25
- P/B
- 4.70
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 5.29% | ₹119 Cr | +1.36% | +4.80% | +6.18% |
| Solar Industries India Ltd. | Chemicals | 4.74% | ₹107 Cr | +4.82% | +3.88% | +3.62% |
| ICICI Bank Ltd. | Financial | 4.42% | ₹99.45 Cr | +4.01% | +4.56% | +1.80% |
| Eternal Ltd. | Services | 3.36% | ₹75.59 Cr | +2.87% | +2.87% | +3.58% |
| Reliance Industries Ltd. | Energy | 3.27% | ₹73.56 Cr | +3.55% | +3.88% | +3.64% |
| Multi Commodity Exchange Of India Ltd. | Services | 3.13% | ₹70.38 Cr | +2.85% | +2.84% | +1.68% |
| Radico Khaitan Ltd. | Consumer Staples | 2.51% | ₹56.51 Cr | +2.66% | +2.70% | +3.59% |
| 360 One Wam Ltd. | Financial | 2.11% | ₹47.59 Cr | +2.09% | +2.11% | +1.58% |
| PB Fintech Ltd. | Services | 2.10% | ₹47.25 Cr | +0.80% | — | — |
| Karur Vysya Bank Ltd. | Financial | 1.95% | ₹43.80 Cr | +1.82% | +2.13% | +1.95% |
| Kirloskar Pneumatic Company Ltd. | Capital Goods | 1.94% | ₹43.58 Cr | +2.24% | +1.71% | +1.76% |
| Polycab India Ltd. | Capital Goods | 1.89% | ₹42.50 Cr | +2.39% | +2.25% | +1.81% |
| Exide Industries Ltd. | Capital Goods | 1.81% | ₹40.81 Cr | +1.67% | +1.50% | +1.74% |
| Kotak Mahindra Bank Ltd. | Financial | 1.79% | ₹40.39 Cr | +1.64% | +1.73% | — |
| Rainbow Children's Medicare Ltd. | Healthcare | 1.75% | ₹39.34 Cr | +1.79% | +1.60% | +1.25% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.75% | ₹39.30 Cr | +0.83% | — | — |
| Adani Ports and Special Economic Zone Ltd. | Services | 1.72% | ₹38.71 Cr | +2.04% | +0.95% | +1.19% |
| Dixon Technologies (India) Ltd. | Capital Goods | 1.72% | ₹38.76 Cr | +1.40% | — | +1.48% |
| Tata Consumer Products Ltd. | Consumer Staples | 1.72% | ₹38.80 Cr | +2.05% | +2.06% | +1.88% |
| Titan Company Ltd. | Consumer Discretionary | 1.71% | ₹38.57 Cr | +1.88% | +2.07% | +1.39% |
| Nippon Life India Asset Management Ltd. | Financial | 1.64% | ₹36.93 Cr | +2.35% | +2.39% | +1.97% |
| BSE Ltd. | Services | 1.57% | ₹35.45 Cr | +3.98% | +3.42% | +2.94% |
| Coal India Ltd. | Materials | 1.56% | ₹35.07 Cr | +1.25% | +1.24% | — |
| Nestle India Ltd. | Consumer Staples | 1.56% | ₹35.02 Cr | +1.55% | +1.46% | +0.69% |
| company:17109 | Services | 1.51% | ₹34.00 Cr | — | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 1.50% | ₹33.71 Cr | +1.23% | +1.28% | — |
| Fujiyama Power Systems Ltd. | Energy | 1.49% | ₹33.61 Cr | +1.09% | +0.54% | — |
| Oil India Ltd. | Energy | 1.46% | ₹32.87 Cr | +1.51% | +1.59% | +1.26% |
| DOMS Industries Ltd. | Consumer Staples | 1.45% | ₹32.65 Cr | +1.49% | +1.65% | +1.68% |
| Pricol Ltd. | Automobile | 1.43% | ₹32.29 Cr | +1.05% | +1.17% | +0.87% |
| HCL Technologies Ltd. | Technology | 1.42% | ₹31.89 Cr | +1.34% | +1.87% | +1.49% |
| Ather Energy Ltd. | Automobile | 1.32% | ₹29.61 Cr | — | — | — |
| Bikaji Foods International Ltd. | Consumer Staples | 1.30% | ₹29.28 Cr | +1.42% | +1.44% | +1.74% |
| Muthoot Finance Ltd. | Financial | 1.24% | ₹27.99 Cr | +1.84% | +1.91% | +1.66% |
| Godrej Industries Ltd. | Consumer Staples | 1.21% | ₹27.34 Cr | +1.24% | +1.16% | +1.40% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 1.17% | ₹26.43 Cr | +0.86% | — | — |
| National Bank For Agriculture & Rural Development | Financial | 1.11% | ₹24.92 Cr | +1.16% | — | — |
| HDFC Bank Ltd. | Financial | 1.10% | ₹24.85 Cr | +0.94% | +4.29% | +5.46% |
| Grasim Industries Ltd. | Materials | 1.08% | ₹24.27 Cr | +0.92% | — | — |
| Adani Power Ltd. | Energy | 0.99% | ₹22.21 Cr | +1.27% | — | — |
| Adani Energy Solutions Ltd. | Energy | 0.91% | ₹20.41 Cr | — | — | — |
| Shriram Finance Ltd | Financial | 0.89% | ₹19.98 Cr | +0.79% | +0.94% | — |
| Shivshakti Securitisation Trust | Others | 0.86% | ₹19.44 Cr | +0.91% | +0.97% | — |
| Tata Consultancy Services Ltd. | Technology | 0.86% | ₹19.43 Cr | +0.85% | +1.03% | +3.08% |
| RBL Bank Ltd. | Financial | 0.85% | ₹19.21 Cr | — | — | — |
| Maruti Suzuki India Ltd. | Automobile | 0.81% | ₹18.29 Cr | +0.77% | +0.90% | — |
| The Ramco Cements Ltd. | Materials | 0.81% | ₹18.21 Cr | — | — | — |
| Varun Beverages Ltd. | Consumer Staples | 0.69% | ₹15.50 Cr | +0.89% | — | — |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 0.67% | ₹14.99 Cr | +0.69% | +0.72% | +0.71% |
| GOI | Sovereign | 0.65% | ₹14.57 Cr | +1.42% | +1.48% | +1.46% |
| Grindwell Norton Ltd. | Metals & Mining | 0.64% | ₹14.49 Cr | +0.61% | — | — |
| Diamond Power Infrastructure Ltd. | Capital Goods | 0.61% | ₹13.77 Cr | — | — | — |
| Metro Brands Ltd. | Consumer Discretionary | 0.59% | ₹13.17 Cr | +0.87% | +1.44% | +1.52% |
| Manappuram Finance Ltd. | Financial | 0.54% | ₹12.24 Cr | +1.09% | +0.99% | +0.89% |
| Zensar Technologies Ltd. | Technology | 0.53% | ₹12.02 Cr | +0.60% | +0.71% | +0.92% |
| Glaxosmithkline Pharmaceuticals Ltd. | Healthcare | 0.52% | ₹11.77 Cr | +0.35% | — | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 0.52% | ₹11.75 Cr | +0.15% | — | — |
| Godrej Agrovet Ltd. | Consumer Staples | 0.48% | ₹10.80 Cr | +0.47% | +0.63% | +0.88% |
| NHPC Ltd. | Energy | 0.22% | ₹4.96 Cr | +0.23% | +0.24% | +0.24% |
| company:11921 | Financial | 0.19% | ₹4.24 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Godrej Properties Ltd. | 1.54% | 0.00% | -1.54% |
| company:17109 | 0.00% | 1.51% | +1.51% |
| Others | 1.52% | 2.94% | +1.42% |
| GE Vernova T&D India Ltd | 0.88% | 0.00% | -0.88% |
| Nippon Life India Asset Management Ltd. | 2.40% | 1.64% | -0.76% |
| GOI | 1.37% | 0.65% | -0.72% |
| Bharat Electronics Ltd. | 0.68% | 0.00% | -0.68% |
| Manappuram Finance Ltd. | 1.21% | 0.54% | -0.67% |
| Multi Commodity Exchange Of India Ltd. | 2.51% | 3.13% | +0.62% |
| Sun Pharmaceutical Industries Ltd. | 1.13% | 1.75% | +0.62% |
| Ather Energy Ltd. | 0.76% | 1.32% | +0.56% |
| Radico Khaitan Ltd. | 2.99% | 2.51% | -0.48% |
| Muthoot Finance Ltd. | 1.66% | 1.24% | -0.42% |
| Solar Industries India Ltd. | 4.40% | 4.74% | +0.34% |
| Polycab India Ltd. | 2.22% | 1.89% | -0.33% |
| PB Fintech Ltd. | 1.82% | 2.10% | +0.28% |
| Metro Brands Ltd. | 0.85% | 0.59% | -0.26% |
| Apollo Hospitals Enterprise Ltd. | 0.91% | 1.17% | +0.26% |
| Fujiyama Power Systems Ltd. | 1.25% | 1.49% | +0.24% |
| Godrej Industries Ltd. | 1.43% | 1.21% | -0.22% |
| Eternal Ltd. | 3.14% | 3.36% | +0.22% |
| BSE Ltd. | 1.78% | 1.57% | -0.21% |
| company:11921 | 0.00% | 0.19% | +0.19% |
| Pricol Ltd. | 1.26% | 1.43% | +0.17% |
| Adani Energy Solutions Ltd. | 1.07% | 0.91% | -0.16% |
| Rainbow Children's Medicare Ltd. | 1.91% | 1.75% | -0.16% |
| Adani Ports and Special Economic Zone Ltd. | 1.86% | 1.72% | -0.14% |
| Reliance Industries Ltd. | 3.40% | 3.27% | -0.13% |
| Tata Consumer Products Ltd. | 1.83% | 1.72% | -0.11% |
| Kirloskar Pneumatic Company Ltd. | 2.04% | 1.94% | -0.10% |
| Kotak Mahindra Bank Ltd. | 1.69% | 1.79% | +0.10% |
| Adani Power Ltd. | 1.07% | 0.99% | -0.08% |
| Billionbrains Garage Ventures Ltd. | 1.42% | 1.50% | +0.08% |
| Varun Beverages Ltd. | 0.77% | 0.69% | -0.08% |
| Dixon Technologies (India) Ltd. | 1.65% | 1.72% | +0.07% |
| Grasim Industries Ltd. | 1.01% | 1.08% | +0.07% |
| Zensar Technologies Ltd. | 0.60% | 0.53% | -0.07% |
| Coal India Ltd. | 1.63% | 1.56% | -0.07% |
| Exide Industries Ltd. | 1.88% | 1.81% | -0.07% |
| HCL Technologies Ltd. | 1.48% | 1.42% | -0.06% |
| Glaxosmithkline Pharmaceuticals Ltd. | 0.46% | 0.52% | +0.06% |
| Maruti Suzuki India Ltd. | 0.87% | 0.81% | -0.06% |
| Bikaji Foods International Ltd. | 1.35% | 1.30% | -0.05% |
| Oil India Ltd. | 1.41% | 1.46% | +0.05% |
| Titan Company Ltd. | 1.66% | 1.71% | +0.05% |
| 360 One Wam Ltd. | 2.07% | 2.11% | +0.04% |
| DOMS Industries Ltd. | 1.49% | 1.45% | -0.04% |
| Grindwell Norton Ltd. | 0.68% | 0.64% | -0.04% |
| Shriram Finance Ltd | 0.85% | 0.89% | +0.04% |
| Godrej Agrovet Ltd. | 0.44% | 0.48% | +0.04% |
| HDFC Bank Ltd. | 1.14% | 1.10% | -0.04% |
| Diamond Power Infrastructure Ltd. | 0.58% | 0.61% | +0.03% |
| Nestle India Ltd. | 1.59% | 1.56% | -0.03% |
| Vedanta Aluminium Metal Ltd. | 0.55% | 0.52% | -0.03% |
| Shivshakti Securitisation Trust | 0.88% | 0.86% | -0.02% |
| National Bank For Agriculture & Rural Development | 1.13% | 1.11% | -0.02% |
| Jamnagar Utilities and Power Pvt. Ltd. | 0.68% | 0.67% | -0.01% |
| The Ramco Cements Ltd. | 0.82% | 0.81% | -0.01% |
| ICICI Bank Ltd. | 4.43% | 4.42% | -0.01% |
| Karur Vysya Bank Ltd. | 1.95% | 1.95% | 0.00% |
| NHPC Ltd. | 0.22% | 0.22% | 0.00% |
| RBL Bank Ltd. | 0.85% | 0.85% | 0.00% |
| Tata Consultancy Services Ltd. | 0.86% | 0.86% | 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 | ₹607 Cr | 2.49% | -0.4% | 5.2% | 9.3% |
 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 months12.21% absolute | ₹60,000 | ₹67,326 | 12.21% | |
| 1 year4.67% annualised | ₹1,20,000 | ₹1,23,079 | 2.57% | |
| 3 years10.89% annualised | ₹3,60,000 | ₹4,27,363 | 18.71% | |
| 5 years8.65% annualised | ₹6,00,000 | ₹7,52,740 | 25.46% |
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 ₹66.64 as on 24 Sep 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 5.8% over 1 year, 6.5% over 3 years and 10.0% 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 61 schemes with ₹2,31,388 Cr under management.