Fund Details
Tata Retirement Savings Fund Progressive Plan Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.81% |
| NAV | ₹41.33 (22 Jan 2021) |
|---|---|
| Fund Started | 09 Jan 2013 |
| Fund Size | ₹949 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 8.1% |
| Reliance Industries Ltd. | Energy | Equity | 7.6% |
| HDFC Bank Ltd. | Financial | Equity | 6.9% |
| Infosys Ltd. | Technology | Equity | 4.7% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | Equity | 3.9% |
| ITC Ltd. | FMCG | Equity | 3.0% |
| HCL Technologies Ltd. | Technology | Equity | 3.0% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.0% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 2.4% |
| HDFC Life Insurance Co Ltd. | Financial | Equity | 2.1% |
Fund Managers
Tata Retirement Savings Fund Progressive Plan Direct Growth Details
Tata Retirement Savings Fund Progressive Plan Direct Growth is a Solution Oriented Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 09 Jan 2013. Murthy Nagarajan, Sonam Udasi is the Current Fund Manager of Tata Retirement Savings Fund Progressive Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹949 Cr and the Latest NAV as of 22 Jan 2021 is ₹41.33.
The Tata Retirement Savings Fund Progressive Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed before 61 months.
Investment Objective
The fund seeks to provide a financial planning tool for long term financial security for investors based on their retirement planning goals.
Tax Implications
Lock-in for 5 years or retirement, whichever is earlier. If average equity holding is >65%, 10% (After 1 year as per LTCG). If average equity holding is <65%, 20% with indexation benefit (post 3 years).
