Best Retirement Funds
A retirement fund is an investment instrument that lets an individual save a portion of their monthly or yearly income for the purpose of their retirement pension. This fund requires you to keep investing periodically right up until your retirement.
Top 5 Retirement Funds
The top-five retirement funds based on several key criteria are listed below.
HDFC Retirement Savings Fund - Equity Plan
- Launched: February 2016
- Expense Ratio: 0.73%
- AUM (in ₹ crore): 3,746.40
- Minimum Investment (₹): 100
- 3 Year CAGR: 29.65
- 5 Year CAGR: 20.64
HDFC Retirement Savings Fund - Hybrid-Equity Plan
- Launched: February 2016
- Expense Ratio: 0.96%
- AUM (in ₹ crore): 1,138.79
- Minimum Investment (₹): 100
- 3 Year CAGR: 20.77
- 5 Year CAGR: 16.10
Tata Retirement Sav Fund – Prog Plan
- Launched: January 2013
- Expense Ratio: 0.61%
- AUM (in ₹ crore): 1,521.26
- Minimum Investment (₹): 150
- 3 Year CAGR: 16.36
- 5 Year CAGR: 15.30
Tata Retirement Sav Fund – Mod Plan
- Launched: January 2013
- Expense Ratio: 0.65%
- AUM (in ₹ crore): 1,773.91
- Minimum Investment (₹): 150
- 3 Year CAGR: 15.38
- 5 Year CAGR: 14.08
Nippon India Retirement Fund-Wealth Creation
- Launched: January 2015
- Expense Ratio: 0.97%
- AUM (in ₹ crore): 2,641.15
- Minimum Investment (₹): 500
- 3 Year CAGR: 22.67
- 5 Year CAGR: 12.69