Tata Retirement Savings Progressive Fund Direct Growth

Tata Retirement Savings Progressive Fund Direct Growth

NAV as on 21-04-2025

₹ 74.3

0.9%

1D

Inception Returns

15.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
819 people have invested ₹ 36.8L in Tata Retirement Savings Progressive Fund Direct Growth in the last three months

About Tata Retirement Savings Progressive Fund Direct Growth

Tata Retirement Savings Progressive Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Murthy Nagarajan, Sonam Udasi. This fund gives you the benefit of diversification.

Key Parameters

  1. Tata Retirement Savings Progressive Fund Direct Growth has ₹1914 Cr worth of assets under management (AUM) as on Mar 2025 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

Tata Retirement Savings Progressive Fund Direct Growth has given a CAGR return of 15.79% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.03%, 14.79% and 20.44% respectively.

Holdings

Tata Retirement Savings Progressive Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Consumer Defensive, Consumer Cyclical, Basic Materials, Energy, Utilities, Communication, Real Estate, Health.

Taxation

As it is a retirement mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Tata Retirement Savings Progressive Fund Direct Growth

To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 150.00. There is a lock in period for Tata Retirement Savings Progressive Fund Direct Growth of 5 Years

Tata Retirement Savings Progressive Fund Direct Growth Overview

Expense ratio0.58%
Benchmark
Nifty 500 TR INR
AUM₹1914 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹150
Exit Load
1.0%
Lock In5 Years
TurnOver
66.19%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (21-Apr-25)

Period
Tata Retirement Savings Progressive Fund Direct Growth
Retirement Index
1M
7.5%
-
3M
-5.2%
-
6M
-8.9%
-
1Y
9%
-
3Y
14.8%
-
5Y
20.4%
-

Fund Distribution

as on (31-Mar-25)

  • Equity 94.3%

  • Debt & Cash 5.7%

Large cap
44.3%

Small cap
27.6%

Mid cap
21.7%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Financial Services
29.7%
Tech
14.1%
Industrial
13.8%
Consumer Defensive
13.8%
Consumer Cyclical
10.3%
Basic Materials
6.5%
Energy
5.6%
Utilities
2.9%
Communication
1.3%
Real Estate
1.2%
Health
0.9%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 1.9K Cr
₹ 1.8K Cr
₹ 2K Cr
  • AUM of the fund stands at 1.9K Cr as of Mar'25
  • AUM increased by 110.9 Cr between Mar'25 and Feb'25
Top Stocks sold last month
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 1.7 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 1.7 %

Top 3 Sectors in March were Financial Services, Tech & Consumer Defensive

Mar'25
Financial Services
30%
Tech
14%
Industrial
14%
Feb'25
Financial Services
30%
Tech
15%
Consumer Defensive
14%
  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
7.2%
0%
Tata Consultancy Services Ltd
Tata Consultancy Services Ltd
4.58%
0%
ITC Ltd
ITC Ltd
3.97%
0%
Solar Industries India Ltd
Solar Industries India Ltd
3.76%
0%
Reliance Industries Ltd
Reliance Industries Ltd
3.72%
14.8%
  • Returns %

  • Fund Ratios

  • Overview

Fund
Mar'25
Feb'25
Jan'25
No of Holdings
54
54
55
Top 5 Company Concentration
23.2%
22.6%
22.1%
Company having highest exposure
HDFC Bank Ltd (7.2%)
HDFC Bank Ltd (7.2%)
HDFC Bank Ltd (6.5%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
81.7%
82.2%
80.1%
Sector having highest exposure
Financial Services (29.7%)
Financial Services (30.4%)
Financial Services (27.4%)
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Murthy Nagarajan
Murthy Nagarajan
Fund Manager of Tata Retirement Savings Progressive Fund Direct Growth, since 1 April 2017
Top funds managed
Sonam Udasi
Sonam Udasi
Fund Manager of Tata Retirement Savings Progressive Fund Direct Growth, since 1 April 2016
Top funds managed
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.85L Cr
as on 31-Mar-2025
Address
Tata Asset Management Private Limited,Mafatlal Centre, 9th Floor,,Nariman Point,,India
Phone
+912266578282
Website
kiran@tataamc.com

Mutual Fund Insights

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In the last 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 20.2% return, outperforming this fund by 5.41% per annum.
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Over the last 3 months, this fund has increased expense ratio by 9.4% moving from 0.53 to 0.58.
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In the last 5 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 30.48% return, outperforming this fund by 10.04% per annum.
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This fund has one of the lowest expense ratio in the category (retirement). Its expense ratio is 0.58% which is lower than the category average expense ratio of 1.44%.
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Over the last 3 months, this fund has experienced a 9.8% drop in AUM moving from 2.12K Cr to 1.91K Cr.
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In the last 1 year, Aditya Birla Sun Life Retirement Fund - The 40s Pln Direct Growth has given 12.49% return, outperforming this fund by 3.47%.

Tata Retirement Savings Progressive Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 15.79% since inception which is more than its category average return of 10.46%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.26% in Equity, 0% in Debt and 5.74% in Cash related instruments
AUM size ₹1914 Cr

AUM size ₹1914 Cr

This fund has AUM of ₹1914 Cr which is more than its category average of ₹ 775 Cr
Expense Ratio 0.58%

Expense Ratio 0.58%

This fund has an expense ratio of 0.58% which is less than its category average expense ratio of 1.54%

Frequently Asked Questions for Tata Retirement Savings Progressive Fund Direct Growth

The current NAV of Tata Retirement Savings Progressive Fund Direct Growth is ₹74.3 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
Tata Retirement Savings Progressive Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
7.51%
7.51%
6 Month Returns
-8.87%
-8.87%
1 Year Returns
9.03%
9.03%
3 Years Returns
51.27%
14.79%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.58% as on March 2025
₹1914 Cr as on March 2025
HDFC Bank Ltd(7.2%), Tata Consultancy Services Ltd(4.58%), ITC Ltd(3.97%), Solar Industries India Ltd(3.76%), Reliance Industries Ltd(3.72%) as on March 2025
Financial Services(27.96%), Tech(13.33%), Industrial(13.05%) as on March 2025
Murthy Nagarajan, Sonam Udasi are the fund managers of Tata Retirement Savings Progressive Fund Direct Growth
The Exit load of Tata Retirement Savings Progressive Fund Direct Growth is 1%