Tata Retirement Savings Progressive Fund Direct Growth
HybridRetirementVery High Risk
Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹2,132 Cr
Expense Ratio
0.54%
ISIN
INF277K01QO1
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
01 Jan 2013
About this fund
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹80.08, Assets Under Management (AUM) of 2131.58 Crores, and an expense ratio of 0.54%.
- Tata Retirement Savings Progressive Fund Direct Growth has given a CAGR return of 17.55% since inception.
- The fund's asset allocation comprises around 96.65% in equities, 0.00% in debts, and 3.35% in cash & cash equivalents.
- You can start investing in Tata Retirement Savings Progressive Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+34.98%
— (Cat Avg.)
3 Years
+16.55%
— (Cat Avg.)
5 Years
+20.88%
— (Cat Avg.)
10 Years
+16.65%
— (Cat Avg.)
Since Inception
+17.55%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹2,060.22 Cr | 96.65% |
| Others | ₹71.36 Cr | 3.35% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹121.83 Cr | 5.80% |
| Reliance Industries Ltd | Equity | ₹96.65 Cr | 4.60% |
| ITC Ltd | Equity | ₹85.6 Cr | 4.08% |
| Cash / Net Current Asset | Cash - Collateral | ₹68 Cr | 3.24% |
| Solar Industries India Ltd | Equity | ₹57.97 Cr | 2.76% |
| ICICI Bank Ltd | Equity | ₹57.83 Cr | 2.75% |
| Zomato Ltd | Equity | ₹57.82 Cr | 2.75% |
| Tata Consultancy Services Ltd | Equity | ₹53.76 Cr | 2.56% |
| Mahanagar Gas Ltd | Equity | ₹48.8 Cr | 2.32% |
| Oil India Ltd | Equity | ₹47.67 Cr | 2.27% |
| Jupiter Wagons Ltd | Equity | ₹45.91 Cr | 2.19% |
| Radico Khaitan Ltd | Equity | ₹43.88 Cr | 2.09% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹43.8 Cr | 2.09% |
| Karur Vysya Bank Ltd | Equity | ₹41.71 Cr | 1.99% |
| Nuvoco Vista Corp Ltd | Equity | ₹40.47 Cr | 1.93% |
| Tata Consumer Products Ltd | Equity | ₹38.76 Cr | 1.85% |
| Metro Brands Ltd | Equity | ₹38.55 Cr | 1.84% |
| BSE Ltd | Equity | ₹37.32 Cr | 1.78% |
| Kirloskar Pneumatic Co Ltd | Equity | ₹37.3 Cr | 1.78% |
| Sunteck Realty Ltd | Equity | ₹35.85 Cr | 1.71% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹35.1 Cr | 1.67% |
| Avenue Supermarts Ltd | Equity | ₹34.06 Cr | 1.62% |
| Bharat Electronics Ltd | Equity | ₹33.91 Cr | 1.62% |
| Exide Industries Ltd | Equity | ₹33.1 Cr | 1.58% |
| Newgen Software Technologies Ltd | Equity | ₹32.85 Cr | 1.56% |
| Nestle India Ltd | Equity | ₹32.42 Cr | 1.54% |
| Kaynes Technology India Ltd | Equity | ₹32.07 Cr | 1.53% |
| PB Fintech Ltd | Equity | ₹31.82 Cr | 1.52% |
| Polycab India Ltd | Equity | ₹31.2 Cr | 1.49% |
| Bosch Ltd | Equity | ₹30.33 Cr | 1.44% |
| DOMS Industries Ltd | Equity | ₹29.56 Cr | 1.41% |
| Dixon Technologies (India) Ltd | Equity | ₹29.16 Cr | 1.39% |
| APL Apollo Tubes Ltd | Equity | ₹28.67 Cr | 1.37% |
| HDFC Life Insurance Company Limited | Equity | ₹28.33 Cr | 1.35% |
| Voltamp Transformers Ltd | Equity | ₹25.53 Cr | 1.22% |
| Saregama India Ltd | Equity | ₹25.04 Cr | 1.19% |
| Tata Motors Ltd | Equity | ₹24.15 Cr | 1.15% |
| Cera Sanitaryware Ltd | Equity | ₹24.12 Cr | 1.15% |
| Muthoot Finance Ltd | Equity | ₹23.71 Cr | 1.13% |
| Hero MotoCorp Ltd | Equity | ₹23.38 Cr | 1.11% |
| Aurobindo Pharma Ltd | Equity | ₹23.23 Cr | 1.11% |
| United Spirits Ltd | Equity | ₹23.01 Cr | 1.10% |
| Godrej Industries Ltd | Equity | ₹22.44 Cr | 1.07% |
| Maruti Suzuki India Ltd | Equity | ₹22.43 Cr | 1.07% |
| Campus Activewear Ltd | Equity | ₹22.04 Cr | 1.05% |
| Fine Organic Industries Ltd Ordinary Shares | Equity | ₹21.68 Cr | 1.03% |
| Adani Energy Solutions Ltd | Equity | ₹21.33 Cr | 1.02% |
| Pricol Ltd | Equity | ₹21.3 Cr | 1.01% |
| Bayer CropScience Ltd | Equity | ₹21.29 Cr | 1.01% |
| Mphasis Ltd | Equity | ₹21.09 Cr | 1.00% |
| Astec Lifesciences Limited | Equity | ₹20.98 Cr | 1.00% |
| UTI Asset Management Co Ltd | Equity | ₹20.82 Cr | 0.99% |
| Cyient Ltd | Equity | ₹20.64 Cr | 0.98% |
| 3M India Ltd | Equity | ₹20.43 Cr | 0.97% |
| ACC Ltd | Equity | ₹19.69 Cr | 0.94% |
| Swan Energy Ltd | Equity | ₹19.55 Cr | 0.93% |
| Sonata Software Ltd | Equity | ₹19.5 Cr | 0.93% |
| Pidilite Industries Ltd | Equity | ₹16.89 Cr | 0.80% |
| Praveg Ltd Ordinary Shares | Equity | ₹15.91 Cr | 0.76% |
| Equitas Small Finance Bank Ltd Ordinary Shares | Equity | ₹14.54 Cr | 0.69% |
| A) Repo | Cash - Repurchase Agreement | ₹2.28 Cr | 0.11% |
| Tata Consumer Prod | Equity | ₹0.47 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
40.91%
Mid Cap Stocks
21.44%
Small Cap Stocks
33.28%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹413.02 Cr | 19.67% |
| Industrials | ₹366.92 Cr | 17.48% |
| Consumer Cyclical | ₹292.65 Cr | 13.94% |
| Consumer Defensive | ₹257.72 Cr | 12.28% |
| Basic Materials | ₹206.65 Cr | 9.84% |
| Technology | ₹156.36 Cr | 7.45% |
| Energy | ₹144.32 Cr | 6.87% |
| Utilities | ₹70.13 Cr | 3.34% |
| Communication Services | ₹40.95 Cr | 1.95% |
| Real Estate | ₹35.85 Cr | 1.71% |
| Healthcare | ₹23.23 Cr | 1.11% |
Risk & Performance Ratios
Standard Deviation
This fund
11.77%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.96
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Murthy Nagarajan
Since April 2017
Sonam Udasi
Since April 2016
Additional Scheme Detailsas of 31st July 2024
ISIN | INF277K01QO1 | Expense Ratio | 0.54% | Exit Load | 1.00% | Fund Size | ₹2,132 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Retirement Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Retirement Savings Moderate Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2205.81 Cr | 27.8% |
| Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk | 2.2% | 1.0% | ₹175.70 Cr | 13.5% |
| Tata Retirement Savings Progressive Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2131.58 Cr | 33.0% |
| Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk | 2.2% | 0.0% | ₹950.70 Cr | 34.2% |
| Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk | 0.7% | 0.0% | ₹76.28 Cr | 20.7% |
| Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk | 0.9% | 0.0% | ₹950.70 Cr | 36.0% |
| Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk | 2.4% | 0.0% | ₹393.70 Cr | 37.9% |
| Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk | 1.0% | 0.0% | ₹393.70 Cr | 39.7% |
| Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk | 2.1% | 0.0% | ₹76.28 Cr | 19.0% |
| Franklin India Pension Plan Regular Growth High Risk | 2.3% | 3.0% | ₹526.40 Cr | 17.6% |
About the AMC
Total AUM
₹1,76,658 Cr
Address
Mafatlal Centre, 9th Floor, Mumbai, 400 021
Other Funds by Tata Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Who manages the Tata Retirement Savings Progressive Fund Direct Growth?
- Murthy Nagarajan
- Sonam Udasi
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
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