August 22, 2023
mayank
Tata Retirement Savings Fund – Conservative Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 30.5526
Suitable For Which Investors?
“Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The fund seeks to provide a financial planning tool for long term financial security for investors based on their retirement planning goals.
Fund Manager:
1) Sonam Udasi
Education: Mr. Udasi is a B.Com and also holds PGDM(Finance).
Experience: Prior to joining Tata AMC he was associated with ASK Raymond James, JM Financial AMC, Prime Securities, BRICS Securities and IDBI Capital Market Services Ltd.
2) Murthy Nagarajan
Education: Mr. Nagarajan is a M.Com, ICWA and PGPMS.
Experience: Prior to joining Tata AMC he has worked with Quantum AMC as head fixed income, Mirae Asset Global Investment India Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | 5 Years |
| Exit Load | 1% for redemption Within 1829 days |
Basic Details of Tata Retirement Savings Fund – Conservative Plan
| Fund House | Tata Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 9.93% |
| Benchmark | CRISIL Short Term Debt Hybrid 75+25 Index |
| Riskometer | Moderately High |
| Type | Open-ended |
| Assets | Rs 166 Cr |
| (As on 31-Jul-2023) | |
| Expense | 0.96% |
| (As on 31-Jul-2023) | |
| Risk Grade | Above Average |
| Return Grade | Average |
| Turnover | — |
Tata Retirement Savings Fund – Conservative Plan Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Tata Retrmnt Svngs Cons Dir | 7.24 | 0.17 | 0.58 | 4.17 | 7.37 | 8.21 | 8.22 | 7.86 | 8.49 | 10.60 |
| VR MIP TRI | 5.89 | 0.24 | -0.58 | 3.21 | 5.92 | 8.22 | 9.98 | 8.30 | 8.43 | 9.46 |
| Hybrid: Conservative Hybrid | 6.52 | 0.17 | 0.25 | 3.20 | 6.30 | 8.46 | 9.51 | 7.89 | 7.89 | 9.99 |
| Rank within category | 8 | 14 | 4 | 4 | 7 | 17 | 19 | 11 | 8 | 7 |
| Number of funds in category | 31 | 31 | 31 | 31 | 31 | 31 | 27 | 24 | 24 | 21 |
Tata Retirement Savings Fund – Conservative Plan Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Tata Retrmnt Svngs Cons Dir | 2 star | 8.21 | 8.22 | 7.86 | 0.96 | 166 | 9.93 | 1.00 (1829) | 10Y 7M | 4.00 |
| SBI Cons Hybrid Dir | 5 star | 10.67 | 12.73 | 10.22 | 0.61 | 8,262 | 9.91 | 1.00 (365) | 10Y 7M | — |
| ICICI Pru Regular Svngs Dir | 4 star | 9.02 | 10.15 | 9.50 | 0.92 | 3,308 | 10.55 | 1.00 (365) | 10Y 7M | 15.00 |
| HDFC Hybrid Debt Dir | 4 star | 11.38 | 12.26 | 9.59 | 1.30 | 2,869 | 9.75 | 1.00 (365) | 10Y 7M | — |
| Kotak Debt Hybrid Dir | 5 star | 10.59 | 12.58 | 10.95 | 0.45 | 1,950 | 10.68 | 1.00 (180) | 10Y 7M | 24.23 |
Portfolio Analysis of Tata Retirement Savings Fund – Conservative Plan
| Number of Stocks | 47 |
| Number of Bonds | 12 |
| Average Maturity (yrs) | 5.11 |
| Top 10 Holdings | 58.54% |
| Portfolio P/B Ratio | 4.68 |
| Portfolio P/E Ratio | 34.29 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 92,947 | 1,94,276 |
| Giant (%) | 37.64 | 58.07 |
| Large (%) | 13.38 | 16.88 |
| Mid (%) | 38.97 | 18.08 |
| Small (%) | 10.00 | 10.76 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 59 | 56 |
| Macaulay Duration (yrs) | 3.26 | 3.29 |
| Average Maturity (yrs) | 5.11 | 5.56 |
| Yield to Maturity (%) | 7.45 | 7.48 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Tata Retirement Savings Fund – Conservative Plan
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