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Tata Retirement Savings Fund- Moderate

Retirement Fund · Tata Asset Management Limited

In plain words

Among the 106 similar retirement funds we track, this one has grown money faster than most. ₹1 lakh invested 5 years ago would be about ₹1.6 lakh today. Investing ₹10,000 every month for the last 10 years would have put in ₹12.1 lakh and grown it to about ₹23.5 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹70,360. 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.
Tata Retirement Savings Fund- Moderate is RS 94/99 in its category right now. See the RS line plotted against its benchmark, live, and the day it crossed.
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Tata Retirement Savings Fund- Moderate is a retirement fund from Tata Asset Management Limited. It has a track record of about 13.7 years. As of the latest data it carries an RS rating of 94/99 (its recent momentum versus category peers) and a King Score of 64/100 (a long-term quality composite). The current NAV is ₹80.9 (as of 2026-09-16).

At a glance. Long-term quality (King Score): 64/100 · Current momentum (RS): 94/99 · 5-year CAGR: 10.2% · Worst-ever fall: -29.64%
94RS rating
64King Score
11.74%3Y CAGR
10.2%5Y CAGR
-29.64%Max drawdown
0.41Sharpe 3Y
n/aExpense
2145AUM ₹Cr

Growth of ₹100 - last 5 years

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

Tata Retirement Savings Fund- Moderate returns: last 1, 3, 5 and 10 years

PeriodThis fundCategory average
1 month-2.83%-2.95%
3 months2.21%0.53%
6 months11.26%4.58%
1 year5.08%1.68%
3 years (CAGR)11.74%9.28%
5 years (CAGR)10.2%8.86%
10 years (CAGR)12.9%10.33%

The last 10 years return of Tata Retirement Savings Fund- Moderate works out to 12.9% a year (CAGR) - ₹1 lakh invested 10 years ago would be about ₹3.4 lakh today. The last 5 years return is 10.2% a year (₹1 lakh → ₹1.6 lakh), and the last 3 years return is 11.74% - ahead of its category's 9.28% average by 2.5 points. Its trailing one-year return is 5.08%. 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

YearTata Retirement SavingBenchmark
2018-2.4%-3.4%
2019+10.3%+7.7%
2020+16.8%+16.7%
2021+22.3%+30.2%
2022-0.5%+3.0%
2023+27.1%+25.8%
2024+21.2%+15.2%
2025+2.5%+6.7%
2026+3.9%-5.8%

Tata Retirement Savings Fund- Moderate 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 Tata Retirement Savings Fund- Moderate 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₹420,1328.43%
5 years₹610,000₹816,85111.61%
10 years₹1,210,000₹2,350,00612.73%

Over 10 years, ₹1,210,000 invested in monthly instalments would have grown to about ₹2,350,006 - an XIRR of 12.73%. Figures are pre-tax and assume you stayed invested throughout.

Risk & drawdowns

MeasureThis fundCategory average
Worst drawdown (lifetime)-29.64%-18.9%
Worst drawdown (3Y)-15.08%-10.88%
Volatility (1Y)14.6%11.28%
Sharpe (3Y)0.410.22
Sortino (3Y)0.740.42
Beta (3Y)0.820.61
Alpha (3Y)3.84%1.79%
Up capture88.4%66.1%
Down capture76.6%55.59%
Bull-market return22.1%20.14%
Bear-market return-19.6%-15.38%

Timing matters more than people admit: the best possible 1-year stretch in Tata Retirement Savings Fund- Moderate (starting 2014-02-17) gained 76.8%, while the worst (starting 2019-03-22) lost 22.5%. The worst peak-to-bottom fall Tata Retirement Savings Fund- Moderate has ever put investors through is -29.64% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -19.6% annualised, versus 22.1% in rising markets. It has captured roughly 88.4% of its benchmark's up-moves and 76.6% of its down-moves.

How Tata Retirement Savings Fund- Moderate behaves when markets fall

When the market is falling (the Nifty below its 200-day average), Tata Retirement Savings Fund- Moderate has historically returned about -19.6% annualised, versus roughly 22.1% when the market is rising. Its deepest fall on record is -29.64%. Right now it sits about 3.06% below its all-time high (last hit 2026-08-13). The real question isn't the average year - it's whether you could hold on through the worst one.

How Tata Retirement Savings Fund- Moderate 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
87th
Drawdown resilience
21th
Consistency
46th
Risk-adjusted (Sharpe)
89th

Consistency (rolling returns)

MeasureValue
Median 3Y rolling CAGR15.45%
3Y windows positive99.8%
Worst 3Y window-0.2%
3Y windows beating Nifty 50047.3%
Median 5Y rolling CAGR14.52%
Median 10Y rolling CAGR15.03%

Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Tata Retirement Savings Fund- Moderate returned a median of 15.45% a year, and 99.8% of those windows were positive.

What Tata Retirement Savings Fund- Moderate holds

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

Top holdings

SOLAR INDUSTRIES INDIA LTD · Materials
4.8%
ICICI BANK LTD · Financials
4.0%
BSE LTD · Financials
4.0%
RELIANCE INDUSTRIES LTD · Energy
3.5%
ETERNAL LTD · E-Commerce/E-Retail
2.9%
MULTI COMMODITY EXCHANGE OF IND LTD · Exchange Platform
2.9%
RADICO KHAITAN LTD · Consumer Staples
2.7%
POLYCAB INDIA LTD · Cables
2.4%
NIPPON LIFE INDIA ASSET MANAGEMENT LTD · Financials
2.4%
KIRLOSKAR PNEUMATIC COMPANY LTD · Industrials
2.2%

Sector allocation

Financials
15.1%
Materials
8.2%
Industrials
7.6%
Consumer Staples
7.3%
Energy
5.1%
Consumer Discretionary
3.7%
Information Technology
3.5%
Food Processing & Packaging
3.0%

The top 10 holdings make up 31.7% of the portfolio, across 54 stocks. A higher concentration means the fund's fortunes ride on fewer names.

Portfolio overlap with similar funds

Tata Retirement Savings Fund- Moderate shares ICICI Prudential Retirement Fund - Hybrid Conservative (0%), ICICI Prudential Retirement Fund - Hybrid Aggressive (0%), ICICI Prudential Retirement Fund - Pure Equity (0%) 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₹5000
Fund size (AUM)₹2,145 Cr
Age13.7 years
Plan / OptionDirect · Growth
BenchmarkNIFTY500

How Tata Retirement Savings Fund- Moderate 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 Tata Retirement Savings Fund- Moderate 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.

Tata Retirement Savings Fund- Moderate review: the bottom line

On the data, its strengths are leading current momentum (RS 94). 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 Tata Retirement Savings Fund- Moderate a good mutual fund?

That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Tata Retirement Savings Fund- Moderate scores 64/100 on our King Score and RS 94/99 within its category, has compounded 11.74% a year over three years, and its worst drawdown was -29.64%. Compare those against your needs and the peer table above.

What is the NAV of Tata Retirement Savings Fund- Moderate today?

The latest NAV is ₹80.9 (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 Tata Retirement Savings Fund- Moderate?

Over the last 10 years Tata Retirement Savings Fund- Moderate has returned about 12.9% a year (CAGR). In rupees: ₹1 lakh invested 10 years ago would be roughly ₹3.4 lakh today, before tax. See the year-by-year table above for how uneven the ride was.

Is Tata Retirement Savings Fund- Moderate 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 -29.64% - ₹1 lakh briefly becoming about ₹70,360. 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 Tata Retirement Savings Fund- Moderate 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 ₹23.5 lakh (XIRR 12.73%). 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 Tata Retirement Savings Fund- Moderate?

A ₹10,000/month SIP over 10 years would have grown to about ₹2,350,006 (an XIRR of 12.73%) on ₹1,210,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.

How does Tata Retirement Savings Fund- Moderate rank among similar funds?

On 3-year returns it sits around the 87th percentile of its category, and its consistency ranks 46th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.

Is Tata Retirement Savings Fund- Moderate 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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