Tata Retirement Savings Progressive Fund Direct Growth

Tata Retirement Savings Progressive Fund Direct Growth

NAV as on 28-03-2025

₹ 71.94

0.2%

1D

Inception Returns

15.7%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
787 people have invested ₹ 33.4L 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 Sonam Udasi, Murthy Nagarajan. This fund gives you the benefit of diversification.

Key Parameters

  1. Tata Retirement Savings Progressive Fund Direct Growth has ₹1803 Cr worth of assets under management (AUM) as on Feb 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 15.69% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.29%, 15.27% and 22.22% respectively.

Holdings

Tata Retirement Savings Progressive Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Defensive, Consumer Cyclical, Industrial, 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 ratio0.59%
Benchmark
IISL Nifty 500 TR INR
AUM₹1803 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 (28-Mar-25)

Period
Tata Retirement Savings Progressive Fund Direct Growth
Retirement Index
1M
6.2%
-
3M
-9.7%
-
6M
-13.2%
-
1Y
9.3%
-
3Y
15.3%
-
5Y
22.2%
-

Fund Distribution

as on (28-Feb-25)

  • Equity 89.9%

  • Debt & Cash 10.1%

Large cap
41.3%

Small cap
26.8%

Mid cap
21.1%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
30.4%
Tech
15.4%
Consumer Defensive
13.8%
Consumer Cyclical
11.5%
Industrial
11%
Basic Materials
6.1%
Energy
5.3%
Utilities
2.7%
Communication
1.4%
Real Estate
1.3%
Health
1.1%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 1.8K Cr
₹ 2K Cr
₹ 2.1K Cr
  • AUM of the fund stands at 1.8K Cr as of Feb'25
  • AUM decreased by 175.8 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Newgen Software Technologies Ltd's allocation increased from 1.59% to 2.28%
Newgen Software Technologies Ltd's allocation increased from 1.59% to 2.28%
HCL Technologies Ltd's allocation increased from 1.1% to 1.55%
HCL Technologies Ltd's allocation increased from 1.1% to 1.55%
BSE Ltd's allocation increased from 2.88% to 3.26%
BSE Ltd's allocation increased from 2.88% to 3.26%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 6.42 % to 6.3 %
HDFC Bank Ltd's allocation decreased from 6.42 % to 6.3 %
Tata Consultancy Services Ltd's allocation decreased from 4.56 % to 4.34 %
Tata Consultancy Services Ltd's allocation decreased from 4.56 % to 4.34 %
Zomato Ltd's allocation decreased from 3.61 % to 3.56 %
Zomato Ltd's allocation decreased from 3.61 % to 3.56 %

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

Feb'25
Financial Services
30%
Tech
15%
Consumer Defensive
14%
Jan'25
Financial Services
27%
Tech
16%
Consumer Defensive
13%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
54
55
57
Top 5 Company Concentration
22.6%
22.1%
21.7%
Company having highest exposure
HDFC Bank Ltd (7.2%)
HDFC Bank Ltd (6.5%)
HDFC Bank Ltd (6.3%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
82.2%
80.1%
80.9%
Sector having highest exposure
Financial Services (30.4%)
Financial Services (27.4%)
Financial Services (26.4%)
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Sonam Udasi
Sonam Udasi
Fund Manager of Tata Retirement Savings Progressive Fund Direct Growth, since 1 April 2016
Murthy Nagarajan
Murthy Nagarajan
Fund Manager of Tata Retirement Savings Progressive Fund Direct Growth, since 1 April 2017
Fund House
Tata Asset Management Limited
Total Schemes
Total AUM
₹1.91L Cr
as on 28-Feb-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 5 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 32.76% return, outperforming this fund by 10.54% per annum.
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Over the last 1 month, this fund has increased expense ratio by 9.3% moving from 0.54 to 0.59.
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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 3.2%.
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In the last 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 20.67% return, outperforming this fund by 5.4% per annum.
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Over the last 6 months, this fund has experienced a 15.4% drop in AUM moving from 2.13K Cr to 1.80K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (retirement). Its expense ratio is 0.59% which is lower than the category average expense ratio of 1.44%.

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 15.69% since inception which is more than its category average return of 10.22%
Fund Allocations

Fund Allocations

This fund has an allocation of 89.88% in Equity, 0% in Debt and 10.12% in Cash related instruments
AUM size ₹1803 Cr

AUM size ₹1803 Cr

This fund has AUM of ₹1803 Cr which is more than its category average of ₹ 731 Cr
Expense Ratio 0.59%

Expense Ratio 0.59%

This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.55%

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Frequently Asked Questions for Tata Retirement Savings Progressive Fund Direct Growth

The current NAV of Tata Retirement Savings Progressive Fund Direct Growth is ₹71.94 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
Tata Retirement Savings Progressive Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.17%
6.17%
6 Month Returns
-13.23%
-13.23%
1 Year Returns
9.29%
9.29%
3 Years Returns
53.15%
15.27%
5 Years Returns
172.7%
22.22%
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.
0.59% as on March 2025
₹1803 Cr as on March 2025
HDFC Bank Ltd(7.24%), Tata Consultancy Services Ltd(4.69%), ITC Ltd(4.06%), Zomato Ltd(3.35%), Reliance Industries Ltd(3.23%) as on March 2025
Financial Services(27.36%), Tech(13.88%), Consumer Defensive(12.43%) as on March 2025
Sonam Udasi, Murthy Nagarajan 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%