Axis Retirement Fund - Aggressive Plan vs Tata Retirement Savings Fund Conservative
Direct Plan, Growth option · Data as on 30-10-2026
Axis Retirement Fund - Aggressive Plan is a Solution fund and Tata Retirement Savings Fund Conservative is a Solution fund. In the 3 years to 30-10-2026, Axis Retirement Fund - Aggressive Plan (Direct) returned 10.8% a year and Tata Retirement Savings Fund Conservative (Direct) returned 7.2% a year. Axis Retirement Fund - Aggressive Plan charges 1.26% a year and Tata Retirement Savings Fund Conservative 1.04% (Direct plans). Their portfolios overlap 16.2%: they hold 19 of the same securities.
Axis Retirement Fund - Aggressive Plan
Solution
- 3 year return
- 10.8%
- Expense ratio
- 1.26%
- NAV
- ₹19.59
Tata Retirement Savings Fund Conservative
Solution
- 3 year return
- 7.2%
- Expense ratio
- 1.04%
- NAV
- ₹37.87
Which is better, Axis Retirement Fund - Aggressive Plan or Tata Retirement Savings Fund Conservative? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Retirement Fund - Aggressive Plan returned more over 5 years: 6.7% a year against 6.2%.
- Axis Retirement Fund - Aggressive Plan returned more over 3 years: 10.8% a year against 7.2%.
- Tata Retirement Savings Fund Conservative costs less: 1.04% a year against 1.26% (Direct plans).
- Tata Retirement Savings Fund Conservative swung less over 3 years: a standard deviation of 4.7% a year against 10.9%.
- Tata Retirement Savings Fund Conservative fell less in its worst fall since 27-12-2019: −11.0% against −25.9%.
- Axis Retirement Fund - Aggressive Plan holds more in large companies: 52.3% of the fund in large caps against 14.8%.
- Axis Retirement Fund - Aggressive Plan is the larger fund: ₹666 Cr against ₹165 Cr.
- Their portfolios overlap 16.2%: 19 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 | Axis Retirement Fund - Aggressive Plan | Tata Retirement Savings Fund Conservative |
|---|---|---|
| Fund house | Axis Mutual Fund | Tata Mutual Fund |
| Category | Solution | Solution |
| AUM | ₹666 Cr (30-09-2026) | ₹165 Cr (30-09-2026) |
| NAV | ₹19.59 (Direct) | ₹37.87 (Direct) |
| Expense ratio (Direct) | 1.26% | 1.04% |
| Expense ratio (Regular) | 2.51% | 2.16% |
| Riskometer | Very High | Moderately High |
| Benchmark | CRISIL Hybrid 25+75 - Aggressive Index | CRISIL Short Term Debt Hybrid 75+25 Index |
| Launch date | 20-12-2019 | 01-11-2011 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | 5 years, or until retirement if earlier | 5 years, or until retirement if earlier |
| Fund managers | Jayesh Sundar, Devang Shah, Hardik Shah, Krishnaa N | Sonam Udasi, Murthy Nagarajan, Amit Somani |
| Exit load | Nil | A) If redeemed / switched-out on or after attainment of retirement age i.e. 60 years of age - Nil. B) In case of Auto switch-out of units on occurrence of “Auto-switch trigger event” - Nil. C) 1% -If redeemed before 61 months from the date of allotment. |
Axis Retirement Fund - Aggressive Plan vs Tata Retirement Savings Fund Conservative: 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 |
|---|---|---|---|---|---|---|---|
| Axis Retirement Fund - Aggressive Plan (Direct) | +0.05% | −3.73% | −0.10% | −5.18% | +10.83% | +6.66% | -- |
| Tata Retirement Savings Fund Conservative (Direct) | −1.16% | −2.71% | +0.51% | +0.92% | +7.22% | +6.23% | +7.90% |
Axis Retirement Fund - Aggressive Plan vs Tata Retirement Savings Fund Conservative: Year-wise Returns
| Year | Axis Retirement Fund - Aggressive PlanAxis Retirement Fund - Aggressive Plan | Tata Retirement Savings Fund ConservativeTata Retirement Savings Fund Conservative |
|---|---|---|
| 2026to date | −4.53% | +0.55% |
| 2025 | +5.50% | +4.84% |
| 2024 | +20.73% | +11.23% |
| 2023 | +21.49% | +13.37% |
| 2022 | −5.62% | +1.30% |
| 2021 | +18.47% | +8.87% |
Axis Retirement Fund - Aggressive Plan vs Tata Retirement Savings Fund Conservative: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 953 of them, one for each trading day from 27-12-2022 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.
Axis Retirement Fund - Aggressive Plan (Direct)
Tata Retirement Savings Fund Conservative (Direct)
to
Apr 2023Dec 2020
to
Dec 2023Aug 2021
to
Aug 2024Apr 2022
to
Apr 2025Nov 2022
to
Nov 2025Jul 2023
to
Jul 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Retirement Fund - Aggressive Plan | 0.0 | 0.0 | 8.7 | 72.2 | 19.1 | 0.0 | 0.0 | 13.1% | 13.0% | 7.1% | 19.6% |
| Tata Retirement Savings Fund Conservative | 0.0 | 0.0 | 92.0 | 8.0 | 0.0 | 0.0 | 0.0 | 8.7% | 8.6% | 6.6% | 11.6% |
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. Every fund is measured over the days all of them have, from 27-12-2019. Past returns do not promise future returns.
Axis Retirement Fund - Aggressive Plan vs Tata Retirement Savings Fund Conservative: 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 27-12-2019 to 30-10-2026: 83 instalments, ₹8,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Retirement Fund - Aggressive PlanAxis Retirement Fund - Aggressive Plan (Direct) | ₹8,30,000 | ₹11,37,513 | ₹3,07,513 | 9.0% |
| Tata Retirement Savings Fund ConservativeTata Retirement Savings Fund Conservative (Direct) | ₹8,30,000 | ₹10,52,898 | ₹2,22,898 | 6.8% |
Axis Retirement Fund - Aggressive PlanAxis Retirement Fund - Aggressive Plan (Direct)
Tata Retirement Savings Fund ConservativeTata Retirement Savings Fund Conservative (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.
Axis Retirement Fund - Aggressive Plan vs Tata Retirement Savings Fund Conservative: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Retirement Fund - Aggressive Plan (Direct) | Tata Retirement Savings Fund Conservative (Direct) |
|---|---|---|
| Return (CAGR) | −5.18% | +0.92% |
| Standard deviation | 11.31% | 5.09% |
| Sharpe ratio | -0.92 | -0.85 |
| Sortino ratio | -1.24 | -1.12 |
| Maximum drawdown | −11.9% (30-03-2026) | −4.7% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Axis Retirement Fund - Aggressive Plan (Direct) | Tata Retirement Savings Fund Conservative (Direct) |
|---|---|---|
| Return (CAGR) | +10.83% | +7.22% |
| Standard deviation | 10.95% | 4.74% |
| Sharpe ratio | 0.44 | 0.25 |
| Sortino ratio | 0.60 | 0.34 |
| Maximum drawdown | −14.0% (28-02-2025) | −5.1% (03-03-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
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 | Axis Retirement Fund - Aggressive Plan (Direct) | Tata Retirement Savings Fund Conservative (Direct) |
|---|---|---|
| Return (CAGR) | +6.66% | +6.23% |
| Standard deviation | 10.98% | 4.54% |
| Sharpe ratio | 0.08 | 0.09 |
| Sortino ratio | 0.11 | 0.13 |
| Maximum drawdown | −19.1% (17-06-2022) | −6.0% (17-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 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 | Axis Retirement Fund - Aggressive Plan (Direct) | Tata Retirement Savings Fund Conservative (Direct) |
|---|---|---|
| Return (CAGR) | +10.31% | +9.24% |
| Standard deviation | 12.56% | 4.79% |
| Sharpe ratio | 0.41 | 0.67 |
| Sortino ratio | 0.55 | 0.92 |
| Maximum drawdown | −25.9% (23-03-2020) | −11.0% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 27-12-2019 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.
Axis Retirement Fund - Aggressive Plan (Direct)
Tata Retirement Savings Fund Conservative (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Retirement Fund - Aggressive Plan (Direct) | −25.9% | 12-02-2020 | 23-03-2020 | 09-11-2020 | 8 months | −5.7% |
| Tata Retirement Savings Fund Conservative (Direct) | −11.0% | 20-02-2020 | 23-03-2020 | 23-06-2020 | 3 months | −3.8% |
From daily values since 27-12-2019, 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.
Axis Retirement Fund - Aggressive Plan (Direct)
Tata Retirement Savings Fund Conservative (Direct)
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.
Axis Retirement Fund - Aggressive Plan (Direct)
Tata Retirement Savings Fund Conservative (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Retirement Fund - Aggressive Plan (Direct)
Tata Retirement Savings Fund Conservative (Direct)
Axis Retirement Fund - Aggressive Plan vs Tata Retirement Savings Fund Conservative: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Retirement Fund - Aggressive Plan, September 2026; Tata Retirement Savings Fund Conservative, September 2026
Holdings in common
- Overlap
- 16.2%
- Held by both
- 19
- Only in Axis Retirement Fund - Aggressive Plan
- 77
- Only in Tata Retirement Savings Fund Conservative
- 37
| Security | % of Axis Retirement Fund - Aggressive Plan | % of Tata Retirement Savings Fund Conservative |
|---|---|---|
| 6.79% Government of India (07/10/2034) | 5.14% | 20.67% |
| Solar Industries India Limited | 1.53% | 1.50% |
| ICICI Bank Limited | 4.93% | 1.44% |
| Eternal Limited | 1.47% | 1.22% |
| Reliance Industries Limited | 5.16% | 1.16% |
| Dixon Technologies (India) Limited | 0.73% | 0.78% |
| Kotak Mahindra Bank Limited | 2.27% | 0.68% |
| Doms Industries Limited | 0.68% | 0.76% |
| Sun Pharmaceutical Industries Limited | 0.81% | 0.59% |
| Titan Company Limited | 0.57% | 0.60% |
| Ather Energy Limited | 0.51% | 1.07% |
| Apollo Hospitals Enterprise Limited | 1.13% | 0.40% |
| Tata Consultancy Services Limited | 0.50% | 0.33% |
| Shriram Finance Limited | 0.82% | 0.32% |
| Varun Beverages Limited | 0.68% | 0.31% |
| Exide Industries Limited | 0.26% | 0.70% |
| Maruti Suzuki India Limited | 0.18% | 0.26% |
| HCL Technologies Limited | 0.15% | 0.47% |
| RBL Bank Limited | 0.44% | 0.04% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 16.2% means 16.2% 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 Axis Retirement Fund - Aggressive Plan
| Security | % of fund |
|---|---|
| 7.1% Government of India (08/04/2034) | 6.36% |
| HDFC Bank Limited | 4.66% |
| 7.25% Government of India (12/06/2063) | 3.52% |
| 7.18% Government of India (24/07/2037) | 2.99% |
| Bharti Airtel Limited | 2.73% |
Largest holdings only in Tata Retirement Savings Fund Conservative
| Security | % of fund |
|---|---|
| GOI - 7.17% (17/04/2030) | 9.15% |
| GOI - 7.38% (20/06/2027) | 9.14% |
| GOI - 6.36% (16/02/2031) | 8.89% |
| GOI - 7.36% (12/09/2052) | 5.85% |
| GOI - 6.90% (15/04/2065) | 5.42% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Retirement Fund - Aggressive Plan | Tata Retirement Savings Fund Conservative |
|---|---|---|
| Equity | 72.8% | 27.1% |
| Debt | 21.9% | 62.0% |
| Cash and others | 5.2% | 10.9% |
Market cap of stocks
| Market cap | Axis Retirement Fund - Aggressive Plan | Tata Retirement Savings Fund Conservative |
|---|---|---|
| Large Cap | 52.3% | 14.8% |
| Mid Cap | 10.8% | 5.9% |
| Small Cap | 9.8% | 6.0% |
| Not on AMFI's list | 0.0% | 0.4% |
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 | Axis Retirement Fund - Aggressive Plan | Tata Retirement Savings Fund Conservative |
|---|---|---|
| Banks | 15.7% | 2.7% |
| Petroleum Products | 5.2% | 1.2% |
| Finance | 4.9% | 0.9% |
| Pharmaceuticals & Biotechnology | 4.4% | 0.9% |
| IT - Software | 3.8% | 1.0% |
| Auto Components | 3.5% | 0.7% |
| Capital Markets | 0.4% | 3.4% |
| Automobiles | 3.3% | 1.3% |
| Chemicals & Petrochemicals | 3.1% | 1.5% |
| Consumer Durables | 2.5% | 1.4% |
| Industrial Products | 0.4% | 1.4% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Retirement Fund - Aggressive Plan vs Tata Retirement Savings Fund Conservative: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Retirement Fund - Aggressive Plan | Tata Retirement Savings Fund Conservative |
|---|---|---|
| Total expense ratio (Direct) | 1.26% | 1.04% |
| Base expense ratio (Direct) | 1.00% | 0.85% |
| Total expense ratio (Regular) | 2.51% | 2.16% |
| Base expense ratio (Regular) | 2.05% | 1.83% |
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.
Axis Retirement Fund - Aggressive Plan vs Tata Retirement Savings Fund Conservative: Frequently Asked Questions
What is the difference between Axis Retirement Fund - Aggressive Plan and Tata Retirement Savings Fund Conservative?
Axis Retirement Fund - Aggressive Plan is a Solution fund, Tata Retirement Savings Fund Conservative is a Solution fund, run by Axis Mutual Fund and Tata Mutual Fund. Their portfolios overlap 16.2%. Axis Retirement Fund - Aggressive Plan charges 1.26% a year and Tata Retirement Savings Fund Conservative 1.04%.
Which has given higher returns, Axis Retirement Fund - Aggressive Plan or Tata Retirement Savings Fund Conservative?
Over 1 year: Axis Retirement Fund - Aggressive Plan −5.18%, Tata Retirement Savings Fund Conservative +0.92%. Over 3 years: Axis Retirement Fund - Aggressive Plan +10.83% a year, Tata Retirement Savings Fund Conservative +7.22% a year. Over 5 years: Axis Retirement Fund - Aggressive Plan +6.66% a year, Tata Retirement Savings Fund Conservative +6.23% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Retirement Fund - Aggressive Plan or Tata Retirement Savings Fund Conservative?
Tata Retirement Savings Fund Conservative charges less: 1.04% a year against 1.26%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Retirement Fund - Aggressive Plan and Tata Retirement Savings Fund Conservative overlap?
16.2%. They hold 19 of the same securities, the largest shared ones being 6.79% Government of India (07/10/2034), SOLARINDS, ICICIBANK. From each fund's latest monthly portfolio.
Which is riskier, Axis Retirement Fund - Aggressive Plan or Tata Retirement Savings Fund Conservative?
On SEBI's riskometer, Axis Retirement Fund - Aggressive Plan is rated Very High and Tata Retirement Savings Fund Conservative Moderately High. Over 3 years, the standard deviation of daily returns was 10.95% and 4.74% a year.
Which is better for SIP, Axis Retirement Fund - Aggressive Plan or Tata Retirement Savings Fund Conservative?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,35,217 in Axis Retirement Fund - Aggressive Plan (XIRR 7.3% a year) and ₹7,13,602 in Tata Retirement Savings Fund Conservative (XIRR 6.1% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Retirement Fund - Aggressive Plan and Tata Retirement Savings Fund Conservative?
Yes. 16.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis Retirement Fund - Aggressive Plan and Tata Retirement Savings Fund Conservative?
Axis Retirement Fund - Aggressive Plan: Jayesh Sundar, Devang Shah, Hardik Shah, Krishnaa N. Tata Retirement Savings Fund Conservative: Sonam Udasi, Murthy Nagarajan, Amit Somani.
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.