5 Retirement Mutual Fund SIPs To Consider In 2021

HDFC Retirement Savings Fund - Equity Plan

HDFC Retirement Savings Fund Equity Plan Direct-Growth had assets under management (AUM) of 1,777 Crores, making it a medium-sized fund in its category. The fund's expense ratio is 0.98 percent, which is greater than the expense ratios charged by most other Multi Cap funds.

The last one-year returns for HDFC Retirement Savings Fund Equity Plan Direct-Growth are 60.08 percent. It has returned an average of 21.44 percent per year since its inception.

The financial, technology, chemicals, engineering, and services sectors account for the majority of the fund's assets. In comparison to other funds in the category, it has less exposure to the Financial and Technology industries.

HDFC Bank Ltd., ICICI Bank Ltd., Infosys Ltd., Reliance Industries Ltd., and Housing Development Finance Corpn. Ltd. are the fund's top five holdings.

You can begin investing in the scheme with a SIP of Rs. 10,000 every month to achieve a consistent return. A lump sum investment of Rs. 10000 has grown to Rs 22,297 in five years, yielding an astounding profit of Rs 12,297. Interestingly, and in most cases, these retirement plans are for individuals who are sloppy with their investments and can't keep their money. These mutual funds have a 5-year or retirement lock-in period.

HDFC Retirement Savings Fund - Hybrid Equity Plan

HDFC Retirement Savings Fund - Hybrid Equity Plan Direct-Growth had assets under management (AUM) of Rs. 684 crores, making it a medium-sized fund in its category. The fund's expense ratio is 1.28 percent, which is higher than the expense ratios charged by most other Aggressive Hybrid funds. The fund now has a 66.08 percent stock allocation and a 15.85 percent debt allocation.

The 1-year returns for HDFC Retirement Savings Fund - Hybrid Equity Plan Direct-Growth are 42.98 percent. It has had an average yearly return of 19.13 percent since its inception.

The fund's debt portion has a low credit rating, meaning that the borrowers to whom it has lent money are not of high quality.

HDFC Bank Ltd., ICICI Bank Ltd., Infosys Ltd., Power Finance Corpn. Ltd., and Reliance Industries Ltd. are the fund's top five holdings. An Sip of Rs 10,000 for consiitent period of 3 years would result in Rs 5.16 Lakh, aprofit of Rs 1.56 Lakh.

Tata Retirement Savings Progressive Plan

The Tata Retirement Savings Fund Progressive Plan Direct-Growth manages assets of 1,127 crores (AUM). The fund's expense ratio is 0.68 percent, which is lower than the expense ratios charged by most other Multi Cap funds.

The last one-year returns for Tata Retirement Savings Fund Progressive Plan Direct-Growth are 39.79 percent. It has had an average yearly return of 17.02 percent since its inception. Every two years, the fund has quadrupled the money put in it.

The financial, technology, energy, services, and FMCG sectors account for the majority of the fund's holdings. ICICI Bank Ltd., Reliance Industries Ltd., Infosys Ltd., Tata Consultancy Services Ltd., and HDFC Bank Ltd. are among the top five holdings of the fund.

The fund aims to give investors with a financial planning tool for long-term financial security based on their retirement aspirations. A five-year SIP of Rs 10,000 will yield Rs 9.35 lakh, with a profit of Rs 3.35 lakh.

Tata Retirement Savings Moderate Fund

The Tata Retirement Savings Fund Moderate Plan Direct-Growth manages assets of 1,493 crores (AUM). The fund's expense ratio is 0.66 percent, which is lower than the expense ratios charged by most other Aggressive Hybrid funds. The fund now has a 78.38 percent stock allocation and a 16.14 percent debt exposure. The fund aims to give investors with a financial planning tool for long-term financial security based on their retirement aspirations.

The recent one-year returns for Tata Retirement Savings Fund Moderate Plan Direct-Growth are 34.14 percent. It has returned an average of 16.92 percent every year since its inception.

GOI, Reliance Industries Ltd., Infosys Ltd., Tata Consultancy Services Ltd., and HDFC Bank Ltd. are the fund's top five holdings. A five-year SIP of Rs 10,000 will yield Rs 8.93 lakh, with a profit of Rs 2.93 lakh.

Nippon India Retirement Fund - Wealth Creation Scheme

The Nippon India Retirement Fund - Wealth Creation Scheme Direct-Growth manages assets worth 2,169 crores (AUM). The fund's expense ratio is 1.15 percent, which is higher than the expense ratios charged by most other Multi Cap funds.

Nippon India Retirement Fund - Wealth Creation Scheme Direct-Growth returns are 48.49 percent during the last year. It has had an average yearly return of 9.34 percent since its inception. A five-year SIP of Rs 10,000 will yield Rs8.29 lakh, with a profit of Rs 2.29 lakh.

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