360 ONE ELSS Tax Saver Nifty 50 Index Fund vs HDFC Retirement Fund - Hybrid-Equity Plan
Direct Plan, Growth option · Data as on 30-10-2026
360 ONE ELSS Tax Saver Nifty 50 Index Fund is an Index fund and HDFC Retirement Fund - Hybrid-Equity Plan is a Solution fund. In the 3 years to 30-10-2026, 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) returned 7.3% a year and HDFC Retirement Fund - Hybrid-Equity Plan (Direct) returned 7.3% a year. 360 ONE ELSS Tax Saver Nifty 50 Index Fund charges 0.37% a year and HDFC Retirement Fund - Hybrid-Equity Plan 1.12% (Direct plans). Their portfolios overlap 41.2%: they hold 20 of the same securities.
360 ONE ELSS Tax Saver Nifty 50 Index Fund
Index
- 3 year return
- 7.3%
- Expense ratio
- 0.37%
- NAV
- ₹13.11
HDFC Retirement Fund - Hybrid-Equity Plan
Solution
- 3 year return
- 7.3%
- Expense ratio
- 1.12%
- NAV
- ₹41.17
Which is better, 360 ONE ELSS Tax Saver Nifty 50 Index or HDFC Retirement Fund - Hybrid-Equity Plan? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- 360 ONE ELSS Tax Saver Nifty 50 Index returned more over 3 years: 7.3% a year against 7.3%.
- HDFC Retirement Fund - Hybrid-Equity Plan returned more over 1 year: −8.3% against −10.2%.
- 360 ONE ELSS Tax Saver Nifty 50 Index costs less: 0.37% a year against 1.12% (Direct plans).
- HDFC Retirement Fund - Hybrid-Equity Plan swung less over 3 years: a standard deviation of 9.5% a year against 13.1%.
- HDFC Retirement Fund - Hybrid-Equity Plan fell less in its worst fall since 02-01-2023: −12.3% against −15.4%.
- 360 ONE ELSS Tax Saver Nifty 50 Index holds more in large companies: 98.3% of the fund in large caps against 44.8%.
- HDFC Retirement Fund - Hybrid-Equity Plan is the larger fund: ₹1,530 Cr against ₹65 Cr.
- Their portfolios overlap 41.2%: 20 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | 360 ONE ELSS Tax Saver Nifty 50 Index Fund | HDFC Retirement Fund - Hybrid-Equity Plan |
|---|---|---|
| Fund house | 360 ONE Mutual Fund | HDFC Mutual Fund |
| Category | Index | Solution |
| AUM | ₹65 Cr (30-09-2026) | ₹1,530 Cr (30-09-2026) |
| NAV | ₹13.11 (Direct) | ₹41.17 (Direct) |
| Expense ratio (Direct) | 0.37% | 1.12% |
| Expense ratio (Regular) | 0.62% | 2.14% |
| Riskometer | Very High | Very High |
| Benchmark | Nifty 50 TRI | NIFTY 50 Hybrid Composite Debt 65:35 Index (Total Returns Index) |
| Launch date | 28-12-2022 | 25-02-2016 |
| Minimum investment | ₹500 | ₹100 |
| Lock in | None | 5 years, or until retirement if earlier |
| Fund managers | Viral Mehta, Pranav Mise | Anupam Joshi, Arun Agarwal, Nandita Menezes, Chirag Setalvad, Gopal Agrawal |
| Exit load | Nil | Nil |
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC Retirement Fund - Hybrid-Equity Plan: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) | +1.84% | −5.10% | −3.32% | −10.18% | +7.32% | -- | -- |
| HDFC Retirement Fund - Hybrid-Equity Plan (Direct) | +0.09% | −4.73% | −2.46% | −8.32% | +7.29% | +8.64% | +12.00% |
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC Retirement Fund - Hybrid-Equity Plan: Year-wise Returns
| Year | 360 ONE ELSS Tax Saver Nifty 50 Index360 ONE ELSS Tax Saver Nifty 50 Index | HDFC Retirement Fund - Hybrid-Equity PlanHDFC Retirement Fund - Hybrid-Equity Plan |
|---|---|---|
| 2026to date | −11.05% | −8.74% |
| 2025 | +11.53% | +6.58% |
| 2024 | +9.78% | +15.35% |
| 2023 | -- | +26.44% |
| 2022 | -- | +6.09% |
| 2021 | -- | +26.22% |
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC Retirement Fund - Hybrid-Equity Plan: Rolling Returns
Every holding period of both funds, against Nifty 50 TRI, the benchmark of 360 ONE ELSS Tax Saver Nifty 50 Index Fund
Rolling returns
Every 3-year holding period, 202 of them, one for each trading day from 02-01-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)
HDFC Retirement Fund - Hybrid-Equity Plan (Direct)
Nifty 50 TRI
to
Jan 2026Mar 2023
to
Mar 2026May 2023
to
May 2026Jun 2023
to
Jun 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest | Beat benchmark |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 360 ONE ELSS Tax Saver Nifty 50 Index | 0.0 | 0.0 | 56.4 | 43.6 | 0.0 | 0.0 | 0.0 | 10.0% | 9.5% | 5.1% | 14.6% | 0% |
| HDFC Retirement Fund - Hybrid-Equity Plan | 0.0 | 0.0 | 46.0 | 38.6 | 15.3 | 0.0 | 0.0 | 10.9% | 10.4% | 6.4% | 16.2% | 86% |
| Nifty 50 TRI | 0.0 | 0.0 | 52.0 | 48.0 | 0.0 | 0.0 | 0.0 | 10.3% | 9.8% | 5.4% | 15.0% | -- |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. The benchmark is Nifty 50 TRI, over the same periods. "Beat benchmark" counts the periods in which the fund did better. Every fund is measured over the days all of them have, from 02-01-2023. Past returns do not promise future returns.
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC Retirement Fund - Hybrid-Equity Plan: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-01-2023 to 30-10-2026: 46 instalments, ₹4,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| 360 ONE ELSS Tax Saver Nifty 50 Index360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) | ₹4,60,000 | ₹4,84,086 | ₹24,086 | 2.6% |
| HDFC Retirement Fund - Hybrid-Equity PlanHDFC Retirement Fund - Hybrid-Equity Plan (Direct) | ₹4,60,000 | ₹4,91,028 | ₹31,028 | 3.4% |
360 ONE ELSS Tax Saver Nifty 50 Index360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)
HDFC Retirement Fund - Hybrid-Equity PlanHDFC Retirement Fund - Hybrid-Equity Plan (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC Retirement Fund - Hybrid-Equity Plan: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) | HDFC Retirement Fund - Hybrid-Equity Plan (Direct) |
|---|---|---|
| Return (CAGR) | −10.18% | −8.32% |
| Standard deviation | 13.55% | 10.08% |
| Sharpe ratio | -1.14 | -1.35 |
| Sortino ratio | -1.52 | -1.76 |
| Maximum drawdown | −15.0% (31-03-2026) | −12.1% (30-03-2026) |
| Beta | 0.99 | -- |
| Alpha | −0.27% | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) | HDFC Retirement Fund - Hybrid-Equity Plan (Direct) |
|---|---|---|
| Return (CAGR) | +7.32% | +7.29% |
| Standard deviation | 13.12% | 9.45% |
| Sharpe ratio | 0.10 | 0.13 |
| Sortino ratio | 0.14 | 0.18 |
| Maximum drawdown | −15.4% (04-03-2025) | −12.3% (03-03-2025) |
| Beta | 0.99 | -- |
| Alpha | −0.30% | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) | HDFC Retirement Fund - Hybrid-Equity Plan (Direct) |
|---|---|---|
| Return (CAGR) | +7.25% | +14.17% |
| Standard deviation | 12.42% | 10.66% |
| Sharpe ratio | 0.09 | 0.82 |
| Sortino ratio | 0.12 | 1.10 |
| Maximum drawdown | −15.4% (04-03-2025) | −27.5% (23-03-2020) |
| Beta | 0.99 | -- |
| Alpha | −0.36% | -- |
From daily NAVs, 02-01-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)
HDFC Retirement Fund - Hybrid-Equity Plan (Direct)
Nifty 50 TRI
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) | −15.4% | 26-09-2024 | 04-03-2025 | 27-10-2025 | 8 months | −11.7% |
| HDFC Retirement Fund - Hybrid-Equity Plan (Direct) | −12.3% | 26-09-2024 | 03-03-2025 | 20-10-2025 | 8 months | −9.3% |
| Nifty 50 TRI | −15.4% | 26-09-2024 | 04-03-2025 | 23-10-2025 | 8 months | −11.6% |
From daily values since 02-01-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)
HDFC Retirement Fund - Hybrid-Equity Plan (Direct)
Nifty 50 TRI
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct)
HDFC Retirement Fund - Hybrid-Equity Plan (Direct)
Nifty 50 TRI
Against Nifty 50 TRI
| Fund | Up capture | Down capture | Tracking error |
|---|---|---|---|
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund (Direct) | 98% | 100% | 0.13% |
| HDFC Retirement Fund - Hybrid-Equity Plan (Direct) | 85% | 67% | 4.79% |
From month-end values since 02-01-2023. Up capture: a fund's average month when the benchmark rose, as % of the benchmark's; above 100% it gained more. Down capture: the same for months the benchmark fell; below 100% it fell less. Tracking error: how far the monthly returns strayed from the benchmark's, a year; an index fund aims near 0.
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC Retirement Fund - Hybrid-Equity Plan: Portfolio Overlap
From each fund's latest monthly portfolio: 360 ONE ELSS Tax Saver Nifty 50 Index Fund, September 2026; HDFC Retirement Fund - Hybrid-Equity Plan, September 2026
Holdings in common
- Overlap
- 41.2%
- Held by both
- 20
- Only in 360 ONE ELSS Tax Saver Nifty 50 Index
- 30
- Only in HDFC Retirement Fund - Hybrid-Equity Plan
- 53
| Security | % of 360 ONE ELSS Tax Saver Nifty 50 Index | % of HDFC Retirement Fund - Hybrid-Equity Plan |
|---|---|---|
| ICICI Bank Limited | 9.12% | 6.05% |
| HDFC Bank Limited | 10.47% | 5.56% |
| Reliance Industries Limited | 7.74% | 3.49% |
| Axis Bank Limited | 3.40% | 3.21% |
| State Bank of India | 3.83% | 3.14% |
| Kotak Mahindra Bank Limited | 2.96% | 3.54% |
| Bharti Airtel Limited | 5.08% | 2.30% |
| Infosys Limited | 3.36% | 1.95% |
| Larsen & Toubro Limited | 4.25% | 1.84% |
| Maruti Suzuki India Limited | 1.51% | 2.35% |
| HCL Technologies Limited | 1.25% | 1.61% |
| ITC Limited | 2.44% | 1.20% |
| Sun Pharmaceutical Industries Limited | 1.86% | 1.19% |
| Power Grid Corporation of India Limited | 1.14% | 1.70% |
| Bajaj Auto Limited | 1.16% | 0.85% |
| Tata Steel Limited | 1.47% | 0.84% |
| NTPC Limited | 1.48% | 0.74% |
| SBI Life Insurance Company Limited | 0.74% | 1.11% |
| Cipla Limited | 0.73% | 0.88% |
| HDFC Life Insurance Company Limited | 0.54% | 0.68% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 41.2% means 41.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in 360 ONE ELSS Tax Saver Nifty 50 Index Fund
| Security | % of fund |
|---|---|
| Mahindra & Mahindra Limited | 2.54% |
| Bajaj Finance Limited | 2.48% |
| Eternal Limited | 2.22% |
| Tata Consultancy Services Limited | 2.02% |
| Titan Company Limited | 1.83% |
Largest holdings only in HDFC Retirement Fund - Hybrid-Equity Plan
| Security | % of fund |
|---|---|
| Bajaj Finance Ltd. | 4.46% |
| 7.26% GOI MAT 220832 | 1.98% |
| 6.1% GOI MAT 120731 | 1.96% |
| Dr. Lal Path Labs Ltd | 1.69% |
| 7.18% GOI MAT 140833 | 1.64% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | 360 ONE ELSS Tax Saver Nifty 50 Index | HDFC Retirement Fund - Hybrid-Equity Plan |
|---|---|---|
| Equity | 99.7% | 70.0% |
| Debt | 0.0% | 17.6% |
| Cash and others | 0.3% | 12.5% |
Market cap of stocks
| Market cap | 360 ONE ELSS Tax Saver Nifty 50 Index | HDFC Retirement Fund - Hybrid-Equity Plan |
|---|---|---|
| Large Cap | 98.3% | 44.8% |
| Mid Cap | 1.4% | 6.4% |
| Small Cap | 0.0% | 18.7% |
| Not on AMFI's list | 0.0% | 0.1% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | 360 ONE ELSS Tax Saver Nifty 50 Index | HDFC Retirement Fund - Hybrid-Equity Plan |
|---|---|---|
| Banks | 29.8% | 23.4% |
| IT - Software | 8.0% | 4.3% |
| Petroleum Products | 7.7% | 4.1% |
| Automobiles | 6.7% | 3.2% |
| Finance | 5.5% | 0.8% |
| Telecom - Services | 5.1% | 2.3% |
| Pharmaceuticals & Biotechnology | 3.3% | 4.6% |
| Insurance | 1.3% | 3.9% |
| Auto Components | 0.0% | 3.8% |
The six largest sectors of each fund's stocks, % of the fund.
360 ONE ELSS Tax Saver Nifty 50 Index vs HDFC Retirement Fund - Hybrid-Equity Plan: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | 360 ONE ELSS Tax Saver Nifty 50 Index Fund | HDFC Retirement Fund - Hybrid-Equity Plan |
|---|---|---|
| Total expense ratio (Direct) | 0.37% | 1.12% |
| Base expense ratio (Direct) | 0.31% | 0.92% |
| Total expense ratio (Regular) | 0.62% | 2.14% |
| Base expense ratio (Regular) | 0.52% | 1.81% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
360 ONE ELSS Tax Saver Nifty 50 Index Fund vs HDFC Retirement Fund - Hybrid-Equity Plan: Frequently Asked Questions
What is the difference between 360 ONE ELSS Tax Saver Nifty 50 Index Fund and HDFC Retirement Fund - Hybrid-Equity Plan?
360 ONE ELSS Tax Saver Nifty 50 Index Fund is an Index fund, HDFC Retirement Fund - Hybrid-Equity Plan is a Solution fund, run by 360 ONE Mutual Fund and HDFC Mutual Fund. Their portfolios overlap 41.2%. 360 ONE ELSS Tax Saver Nifty 50 Index Fund charges 0.37% a year and HDFC Retirement Fund - Hybrid-Equity Plan 1.12%.
Which has given higher returns, 360 ONE ELSS Tax Saver Nifty 50 Index Fund or HDFC Retirement Fund - Hybrid-Equity Plan?
Over 1 year: 360 ONE ELSS Tax Saver Nifty 50 Index Fund −10.18%, HDFC Retirement Fund - Hybrid-Equity Plan −8.32%. Over 3 years: 360 ONE ELSS Tax Saver Nifty 50 Index Fund +7.32% a year, HDFC Retirement Fund - Hybrid-Equity Plan +7.29% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, 360 ONE ELSS Tax Saver Nifty 50 Index Fund or HDFC Retirement Fund - Hybrid-Equity Plan?
360 ONE ELSS Tax Saver Nifty 50 Index Fund charges less: 0.37% a year against 1.12%. These are the Direct plans' total expense ratios reported to AMFI.
How much do 360 ONE ELSS Tax Saver Nifty 50 Index Fund and HDFC Retirement Fund - Hybrid-Equity Plan overlap?
41.2%. They hold 20 of the same securities, the largest shared ones being ICICIBANK, HDFCBANK, RELIANCE. From each fund's latest monthly portfolio.
Which is riskier, 360 ONE ELSS Tax Saver Nifty 50 Index Fund or HDFC Retirement Fund - Hybrid-Equity Plan?
On SEBI's riskometer, 360 ONE ELSS Tax Saver Nifty 50 Index Fund is rated Very High and HDFC Retirement Fund - Hybrid-Equity Plan Very High. Over 3 years, the standard deviation of daily returns was 13.12% and 9.45% a year.
Which is better for SIP, 360 ONE ELSS Tax Saver Nifty 50 Index Fund or HDFC Retirement Fund - Hybrid-Equity Plan?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹3,67,786 in 360 ONE ELSS Tax Saver Nifty 50 Index Fund (XIRR -0.4% a year) and ₹3,70,209 in HDFC Retirement Fund - Hybrid-Equity Plan (XIRR 0.0% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both 360 ONE ELSS Tax Saver Nifty 50 Index Fund and HDFC Retirement Fund - Hybrid-Equity Plan?
Yes. 41.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages 360 ONE ELSS Tax Saver Nifty 50 Index Fund and HDFC Retirement Fund - Hybrid-Equity Plan?
360 ONE ELSS Tax Saver Nifty 50 Index Fund: Viral Mehta, Pranav Mise. HDFC Retirement Fund - Hybrid-Equity Plan: Anupam Joshi, Arun Agarwal, Nandita Menezes, Chirag Setalvad, Gopal Agrawal.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.