The HDFC Retirement Savings Fund – Equity Plan launched on February 25, 2016, is managed by HDFC Mutual Fund. Designed to help investors achieve their retirement goals, the fund primarily invests in a mix of equity and debt instruments, aiming for long-term capital appreciation and income.
Fund Overview
- NAV (as on 03rd July, 2024): ₹49.311
- Expense Ratio: 1.81% (compared to the category average of 2.11%)
- Risk Level: Very High
- Fund Size: ₹5159.41 Cr
- Launch Date: 25-Feb-2016
Investment Allocation
- Domestic Equities: 92.93%
- Large Cap Stocks: 49.56%
- Mid Cap Stocks: 9.4%
- Small Cap Stocks: 16.88%
- Cash Holdings: 6.19%
- Debt Holdings: 0.88%
- Number of Stocks: 70
HDFC Retirement Savings Fund – Performance Overview
Annualized Returns
| Period | Invested Amount | Latest Value | Absolute Returns | Annualized Returns | Category Avg | Rank |
| 1 Week | ₹10,000 | ₹10,126.50 | 1.26% | – | 1.01% | 12/34 |
| 1 Month | ₹10,000 | ₹10,511.60 | 5.12% | – | 3.28% | 8/34 |
| 3 Months | ₹10,000 | ₹11,086.60 | 10.87% | – | 7.52% | 9/32 |
| 6 Months | ₹10,000 | ₹11,820.40 | 18.20% | – | 12.63% | 8/32 |
| YTD | ₹10,000 | ₹11,796.90 | 17.97% | – | 12.28% | 6/32 |
| 1 Year | ₹10,000 | ₹13,820.70 | 38.21% | 38.09% | 24.98% | 6/31 |
| 2 Years | ₹10,000 | ₹18,221.50 | 82.21% | 34.82% | 20.01% | 3/30 |
| 3 Years | ₹10,000 | ₹18,745.90 | 87.46% | 23.25% | 13.07% | 2/30 |
| 5 Years | ₹10,000 | ₹28,548.00 | 185.48% | 23.31% | 12.35% | 1/23 |
| Since Inception | ₹10,000 | ₹49,330.70 | 393.31% | 21.05% | 13.34% | 5/32 |
SIP Returns
| Period | SIP Started On | Investments | Latest Value | Absolute Returns | Annualized Returns |
| 1 Year | 03-Jul-23 | ₹12,000 | ₹14,595.77 | 21.63% | 42.3% |
| 2 Years | 01-Jul-22 | ₹24,000 | ₹33,699.67 | 40.42% | 36.43% |
| 3 Years | 02-Jul-21 | ₹36,000 | ₹54,546.42 | 51.52% | 28.92% |
| 5 Years | 03-Jul-19 | ₹60,000 | ₹1,22,570.46 | 104.28% | 29.02% |
HDFC Retirement Savings Fund – Portfolio Analysis
- Top Holdings:
| Stock | Sector | Value (Cr) | % of Total Holdings |
| HDFC Bank Ltd. | Private sector bank | 382.89 | 7.42% |
| ICICI Bank Ltd. | Private sector bank | 336.32 | 6.52% |
| Treps – Tri-Party Repo | Cash | 313.48 | 6.08% |
| Axis Bank Ltd. | Private sector bank | 185.95 | 3.60% |
| State Bank Of India | Public sector bank | 166.07 | 3.22% |
Sector Allocation:- Regional Banks
- Biotechnology & Drugs
- Software & Programming
- Construction Services
Risk Ratios
| Ratio | HDFC Fund | Category Average |
| Standard Deviation | 12.53 (High volatility) | 8.07 |
| Beta | 0.84 (Low volatility) | 0.93 |
| Sharpe Ratio | 1.18 (Better risk-adjusted returns) | 0.44 |
| Treynor’s Ratio | 0.18 (Better risk-adjusted returns) | 0.07 |
| Jension’s Alpha | 4.34 (Better risk-adjusted returns) | 0.72 |
HDFC Retirement Savings Fund – Peer Comparison
| Fund Name | 1Y Returns |
| HDFC Retirement Savings Fund – Equity Plan – Regular Plan | 37.61% |
| Nippon India Retirement Fund – Wealth Creation Scheme – Regular Growth | 45.3% |
| Tata Retirement Savings Moderate Fund Growth | 33.72% |
| UTI Retirement Fund – Regular Plan | 20.93% |
| SBI Retirement Benefit Fund – Aggressive Plan Regular Growth | 32.72% |
Disclaimer: The information provided in this article is for educational and informational purposes only. It should not be considered investment advice or a recommendation to invest in any particular mutual fund or asset class. Past performance does not indicate future results, and investors should research and consult with a financial advisor before making investment decisions. Investing in mutual funds involves risks, including the possible loss of principal invested.
