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This Retirement Saving Fund Has Offered Good Returns; Should You Invest?

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Retirement is a individuals' one of the most promising times. There are a number of schemes and funds for retirement that helps individual to secure their golden time of retirement. Retirement savings funds are one of the. The basic goal of a retirement savings fund is to provide a consistent source of income for an investor who does not have another source of income.

 

HDFC Retirement Saving Fund Equity Plan- Direct (G)
 

HDFC Retirement Saving Fund Equity Plan- Direct (G)

NAVFund SizeExpense Ratio
₹31.91₹ 2028.91 Cr0.91%

NAV as on 03 February 2022

It's a Flexi-cap mutual fund that invests in a variety of different companies. The fund is medium-sized in its category, with an AUM of Rs 2,029 crores as of December 31, 2021. It has 36.98% returns over the last year. It has had an average yearly return of 21.55% since its debut. The fund is invested in Indian stocks to the tune of 90.15 percent. 

The ability of the scheme to regularly produce returns is comparable to that of most funds in its category. It has an above-average capacity to limit losses in a down market, making it a solid investment. The financial, services, engineering, technology, and FMCG sectors account for the majority of the fund's holdings. 

The fund aims to deliver long-term capital appreciation and income to investors by investing in a combination of equities and debt instruments to assist them to fulfil their retirement goals. There is no guarantee that the Scheme's investment goal will be met. 

When compared to other funds in the category, it has taken less risk in the Financial and Services sectors. However, it is a risky fund for investment.

Infosys Ltd., HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd., and Larsen & Toubro Ltd. are the fund's top five holdings.

Absolute and Annualised Returns Over the Years

Absolute and Annualised Returns Over the Years

On Investment of Rs 10,000

Period Invested forAbsolute ReturnsAnnualised ReturnsCategory Avg
1 Year36.98%36.98%14.66%
2 Year75.90%32.57%15.53%
3 Year87.49%23.24%14.02%
5 Year130.68%18.19%11.69%
Since Inception219.23%21.57%14.50%
SIP Returns

SIP Returns

On SIP of Rs 1000

Period Invested forAbsolute ReturnsAnnualised Returns
1 Year14.10%26.88%
2 Year49.54%43.93%
3 Year59.98%32.90%
5 Year73.66%22.20%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, Terms and Conditions carefully before investing. The above-mentioned information is purely informational and carried forward from Value Reseacrh and Groww. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

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