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HDFC Retirement Savings Fund - Hybrid-Equity

Retirement Fund · HDFC Asset Management Company Limited

In plain words

Among the 106 similar retirement funds we track, this one has grown money at about the average pace. ₹1 lakh invested 5 years ago would be about ₹1.5 lakh today. Investing ₹10,000 every month for the last 10 years would have put in ₹12.1 lakh and grown it to about ₹22.2 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹72,500. Expect meaningful ups and downs on the way.

New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.
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HDFC Retirement Savings Fund - Hybrid-Equity is a retirement fund from HDFC Asset Management Company Limited. It has a track record of about 10.6 years. As of the latest data it carries an RS rating of 12/99 (its recent momentum versus category peers) and a King Score of 39/100 (a long-term quality composite). The current NAV is ₹41.7 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 39/100 · Current momentum (RS): 12/99 · 5-year CAGR: 8.79% · Worst-ever fall: -27.5%
12RS rating
39King Score
6.65%3Y CAGR
8.79%5Y CAGR
-27.5%Max drawdown
0.02Sharpe 3Y
n/aExpense
1592AUM ₹Cr

Growth of ₹100 - last 5 years

2021-092026-08
What ₹100 invested 5 years ago would be worth today, from actual NAV history.

HDFC Retirement Savings Fund - Hybrid-Equity returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-3.45%-2.95%
3 months-1.13%0.53%
6 months-0.53%4.58%
1 year-5.15%1.68%
3 years (CAGR)6.65%9.28%
5 years (CAGR)8.79%8.86%
10 years (CAGR)12.45%10.33%

The last 10 years return of HDFC Retirement Savings Fund - Hybrid-Equity works out to 12.45% a year (CAGR) - ₹1 lakh invested 10 years ago would be about ₹3.2 lakh today. The last 5 years return is 8.79% a year (₹1 lakh → ₹1.5 lakh), and the last 3 years return is 6.65% - behind its category's 9.28% average by 2.6 points. Its trailing one-year return is -5.15%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.

Year-by-year returns

YearHDFC Retirement SavingBenchmark
2018+1.1%-3.4%
2019+8.7%+7.7%
2020+18.8%+16.7%
2021+26.2%+30.2%
2022+6.1%+3.0%
2023+26.4%+25.8%
2024+15.4%+15.2%
2025+6.6%+6.7%
2026-7.6%-5.8%

HDFC Retirement Savings Fund - Hybrid-Equity beat its benchmark in 6 of the last 9 calendar years. That is a strong hit-rate - most active funds fail to clear their index this often. Consistency against the benchmark matters more than any single great year.

Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.

What a monthly SIP in HDFC Retirement Savings Fund - Hybrid-Equity would have made

A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.

SIP durationYou investedIt becameXIRR
3 years₹370,000₹377,0941.24%
5 years₹610,000₹732,3657.24%
10 years₹1,210,000₹2,219,24511.65%

Over 10 years, ₹1,210,000 invested in monthly instalments would have grown to about ₹2,219,245 - an XIRR of 11.65%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-27.5%-18.9%
Worst drawdown (3Y)-12.29%-10.88%
Volatility (1Y)12.97%11.28%
Sharpe (3Y)0.020.22
Sortino (3Y)0.120.42
Beta (3Y)0.680.61
Alpha (3Y)-1.01%1.79%
Up capture67.9%66.1%
Down capture65.2%55.59%
Bull-market return22.7%20.14%
Bear-market return-22.8%-15.38%

Timing matters more than people admit: the best possible 1-year stretch in HDFC Retirement Savings Fund - Hybrid-Equity (starting 2020-03-23) gained 69.9%, while the worst (starting 2019-03-22) lost 22.2%. The worst peak-to-bottom fall HDFC Retirement Savings Fund - Hybrid-Equity has ever put investors through is -27.5% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -22.8% annualised, versus 22.7% in rising markets. It has captured roughly 67.9% of its benchmark's up-moves and 65.2% of its down-moves.

How HDFC Retirement Savings Fund - Hybrid-Equity behaves when markets fall

When the market is falling (the Nifty below its 200-day average), HDFC Retirement Savings Fund - Hybrid-Equity has historically returned about -22.8% annualised, versus roughly 22.7% when the market is rising. Its deepest fall on record is -27.5%. Right now it sits about 8.1% below its all-time high (last hit 2026-01-05). The real question isn't the average year - it's whether you could hold on through the worst one.

How HDFC Retirement Savings Fund - Hybrid-Equity ranks in its category

Percentile versus its ~106 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.

3-year return
47th
Drawdown resilience
27th
Consistency
35th
Risk-adjusted (Sharpe)
42th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR15.87%
3Y windows positive99.7%
Worst 3Y window-0.19%
3Y windows beating Nifty 50067.8%
Median 5Y rolling CAGR16.03%
Median 10Y rolling CAGR14.15%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, HDFC Retirement Savings Fund - Hybrid-Equity returned a median of 15.87% a year, and 99.7% of those windows were positive.

What HDFC Retirement Savings Fund - Hybrid-Equity holds

Its latest monthly portfolio disclosure. This is what your money actually owns.

Top holdings

HDFC Bank Ltd. · Finance
5.6%
ICICI Bank Ltd. · Financials
5.5%
Reliance Industries Ltd. · Energy
3.7%
Axis Bank Ltd. · Financials
3.2%
Kotak Mahindra Bank Limited · Finance
3.1%
State Bank of India · Financials
3.0%
Maruti Suzuki India Limited · Consumer Discretionary
2.5%
Bharti Airtel Ltd. · Communication Services
2.3%
Infosys Limited · Information Technology
2.2%
Tata Consultancy Services Ltd. · Information Technology
2.1%

Sector allocation

Financials
17.7%
Finance
9.3%
Consumer Discretionary
7.7%
Information Technology
6.7%
Industrials
6.3%
Energy
4.3%
Health Care
4.2%
Utilities
3.9%

The top 10 holdings make up 33.4% of the portfolio, across 65 stocks. A higher concentration means the fund's fortunes ride on fewer names.

Portfolio overlap with similar funds

HDFC Retirement Savings Fund - Hybrid-Equity shares ICICI Prudential Retirement Fund - Pure Equity (14%), ICICI Prudential Retirement Fund - Hybrid Aggressive (9%), ICICI Prudential Retirement Fund - Hybrid Conservative (2%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.

Cost & fund basics

DetailValue
Exit load≈1% if redeemed within 1 year (typical)
Minimum investment₹100
Fund size (AUM)₹1,592 Cr
Age10.6 years
Plan / OptionDirect · Growth
BenchmarkNIFTY500

How HDFC Retirement Savings Fund - Hybrid-Equity compares to peers

FundRSKing3Y CAGR
ICICI Prudential Retirement Fund - Hybrid Conservative77849.6%
ICICI Prudential Retirement Fund - Hybrid Aggressive857916.4%
ICICI Prudential Retirement Fund - Pure Equity817818.6%
Aditya Birla Sun Life Retirement Fund-The 50s66767.9%
Union Retirement Fund707311.9%
Tata Retirement Savings Fund- Conservative79727.6%
Compare side by side. Chart HDFC Retirement Savings Fund - Hybrid-Equity against these peers on one screen - rebased returns, drawdowns, rolling windows and stock-level overlap.
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Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.

What these numbers mean

RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.

HDFC Retirement Savings Fund - Hybrid-Equity review: the bottom line

On the data, its strengths are beating the Nifty 500 in 67.8% of 3-year windows. Points to keep your eyes open on: soft recent momentum (RS 12), a below-median quality score (39/100). Whether it fits you depends on your goals, horizon and risk appetite - this page describes the fund, it does not recommend it.

Related

Frequently asked questions

Is HDFC Retirement Savings Fund - Hybrid-Equity a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, HDFC Retirement Savings Fund - Hybrid-Equity scores 39/100 on our King Score and RS 12/99 within its category, has compounded 6.65% a year over three years, and its worst drawdown was -27.5%. Compare those against your needs and the peer table above.

What is the NAV of HDFC Retirement Savings Fund - Hybrid-Equity today?

The latest NAV is ₹41.7 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.

What is the last 10 years return of HDFC Retirement Savings Fund - Hybrid-Equity?

Over the last 10 years HDFC Retirement Savings Fund - Hybrid-Equity has returned about 12.45% a year (CAGR). In rupees: ₹1 lakh invested 10 years ago would be roughly ₹3.2 lakh today, before tax. See the year-by-year table above for how uneven the ride was.

Is HDFC Retirement Savings Fund - Hybrid-Equity safe? How risky is it?

No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -27.5% - ₹1 lakh briefly becoming about ₹72,500. As a solution fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.

Is HDFC Retirement Savings Fund - Hybrid-Equity good for SIP?

We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 10 years grew ₹12.1 lakh into about ₹22.2 lakh (XIRR 11.65%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.

What are the SIP returns of HDFC Retirement Savings Fund - Hybrid-Equity?

A ₹10,000/month SIP over 10 years would have grown to about ₹2,219,245 (an XIRR of 11.65%) on ₹1,210,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does HDFC Retirement Savings Fund - Hybrid-Equity rank among similar funds?

On 3-year returns it sits around the 47th percentile of its category, and its consistency ranks 35th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is HDFC Retirement Savings Fund - Hybrid-Equity tax-efficient / what about capital gains?

As a solution fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.

Direct or Regular plan - which is shown here?

All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.

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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.

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