Tata Retirement Savings Fund Progresive
The fund seeks to provide a financial planning tool for long term financial security for investors based on their retirement planning goals.
Growthvine rating: 3/5 — ranked #3 of 10 in category.
Fund basics
| Category | Solution: Retirement Equity |
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| NAV | ₹62.36 (as of 2026-10-23) |
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| AUM | ₹2,104 Cr |
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| Expense ratio | 1.74% |
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| Riskometer | Very High |
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| Fund manager | Sonam Udasi |
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| Exit load | 1% for redemption within 1829 days |
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Performance & risk
| 5-year annualised return | 8.01% |
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| Sharpe ratio | 0.33 |
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| Standard deviation | 16.81% |
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| Max drawdown | −34.30% |
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| Alpha | 0.99 |
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| Beta | 1.02 |
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Over 5 years, captured 92.5% of Nifty 500's upside and 91.8% of its downside.
Market cap allocation
| Large cap | 54.2% |
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| Mid cap | 22.6% |
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| Small cap | 23.2% |
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Concentration
| Top 5 holdings | 21.9% |
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| Top 10 holdings | 34.2% |
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| Total holdings | 52 |
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Top holdings
- Solar Industries India Limited — 5.4%
- ICICI Bank Ltd. — 5.0%
- Eternal Limited — 4.1%
- TREPS — 3.9%
- Multi Commodity Exchange of India Ltd — 3.8%
- Reliance Industries Ltd — 3.7%
- Radico Khaitan Ltd. — 3.2%
- Adani Ports and Special Economic Zone Ltd — 2.5%
- CASH / NET CURRENT ASSET — 2.3%
- Kotak Mahindra Bank Ltd. — 2.3%
Top sectors
- Banking & Financial — 22.1%
- Food Beverage & Tobacco — 7.8%
- Cash — 6.5%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −4.7% | Q1 (Top) | #3 of 10 |
| 2025 | −1.2% | Q4 (Bottom) | #10 of 10 |
| 2024 | 21.7% | Q1 (Top) | #2 of 8 |
| 2023 | 29.0% | Q3 | #5 of 8 |
| 2022 | −3.9% | Q3 | #6 of 7 |