Tata Retirement Savings Conservative Fund Direct Growth

Tata Retirement Savings Conservative Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Murthy Nagarajan, Sonam Udasi. This fund gives you the benefit of diversification.

1. Tata Retirement Savings Conservative Fund Direct Growth has ₹175 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
2. The fund has an expense ratio 1.
   

Tata Retirement Savings Conservative Fund Direct Growth has given a CAGR return of 10.44% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.54%, 8.96% and 10.01% respectively.

Tata Retirement Savings Conservative Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent, Financial Services, Corporate, Industrial, Consumer Defensive, Consumer Cyclical, Energy, Basic Materials, Tech, Utilities, Real Estate, Health, Communication.

As it is a retirement mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. There is a lock in period for Tata Retirement Savings Conservative Fund Direct Growth of 5 Years