Finance News : 5 Retirement Mutual Funds SIP 2021 to be considered

HDFC Retirement Savings Fund – Equity Plan

HDFC Retirement Savings Fund Equity Plan Direct-Growth had assets under management of Rs 1,777 crore (AUM), which made it a medium-sized fund in its class. The expense ratio of the fund is 0.98 percent, which is higher than the proportion of expenditure charged by other multi-cap funds.

HDFC Retirement Savings Fund returns 60.08 per cent for the last one year for direct-growth of the equity plan. It has returned an average of 21.44 percent per annum since its inception.

The financial, technology, chemical, engineering and service sectors are responsible for most of the funding resources. It has less exposure in the financial and technology industries than other funds in the category.

HDFC Bank Ltd., ICICI Bank Ltd., Infosys Ltd., Reliance Industries Ltd., and Housing Development Finance Corporation. The top five holdings of limited funds.

You can start investing in the scheme with an SIP of Rs. To achieve 10,000 consecutive returns per month. An investment of Rs 1 lakh has increased by Rs 10,000 in five years to Rs 22,297, resulting in a staggering profit of Rs 12,297. The funny thing is, and in most cases, these retirement plans are for people who are lazy in their investments and can’t keep their money. These mutual funds have a lock-in period of 5 years or retirement.

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HDFC Retirement Savings Fund – Hybrid Equity Plan

HDFC Retirement Savings Fund – Hybrid Equity Plan Direct – Growth Asset Management (AUM) was Rs. 684 crore, which makes it a medium-sized fund of its class. The expense ratio of the fund is 1.28 percent, which is higher than the ratio spent by other aggressive hybrid funds. The fund now has 66.08 per cent stock allocation and 15.85 per cent debt allocation.

1-year return-hybrid equity plan for HDFC Retirement Savings Fund Direct-Growth 42.98 percent. It has received an average annual return of 19.13 percent since its inception.

The credit rating of the debt portion of the fund is low, which means that the recipients to whom it is lent are not of high quality.

HDFC Bank Ltd., ICICI Bank Ltd., Infosys Ltd., Power Finance Corporation Ltd., and Reliance Industries Ltd. These are the top five holdings of the fund. A sip of Rs 10,000 for a year will result in a profit of Rs 5.16 lakh, Rs 1.56 lakh.

Tata Retirement Savings Progressive Plan

The Tata Retirement Savings Fund Progressive Plan manages assets worth crores of rupees. The expense ratio of the fund is 0.68 percent, which is lower than the proportion of charged charges of other multi-cap funds.

Tata Retirement Savings Fund Progressive Plan Direct-Growth returns last year at 39.79 percent. It has received an average annual return of 17.02 percent since its inception. Every two years the money in the fund quadruples.

The financial, technology, energy, services and FMCG sectors are responsible for the largest holdings of funds. ICICI Bank Ltd., Reliance Industries Ltd., Infosys Ltd., Tata Consultancy Services Ltd.

The goal of the fund is to provide investors with a financial planning tool for long-term financial security based on their retirement aspirations. The five-year SIP of Rs 10,000 will generate a profit of Rs 9,355 lakh, which will be Rs 35,355 lakh.

Tata Retirement Savings Moderate Fund

Tata Retirement Savings Fund Moderate Plan Direct-Growth manages assets of Rs 1,493 crore (AUM). The expense ratio of the fund is 0.66 percent, which is lower than the ratio spent by other aggressive hybrid funds. The fund now has 78.38 per cent stock allocation and 16.14 per cent debt exposure. The goal of the fund is to provide investors with a financial planning tool for long-term financial security based on their retirement aspirations.

Tata Retirement Savings Fund Moderate Plan Direct-Growth’s recent one-year return is 34.14 percent. It has returned an average of 16.92 percent per year since its inception.

GOI, Infosys Ltd., Reliance Industries Ltd., Tata Consultancy Services Ltd., and HDFC Bank Ltd. The top five holdings of this fund. From a five-year SIP of Rs 10,000, the profit will be Rs 9.9 lakh, which will be Rs 9.9 lakh.

Nippon India Retirement Fund – Wealth Creation Project

Nippon India Retirement Fund – Wealth Creation Scheme Direct-Growth Manages assets of Rs 2,169 crore (AUM). The expense ratio of the fund is 1.15 percent, which is higher than the ratio spent by other multi-cap funds.

Nippon India Retirement Fund – Wealth Creation Scheme Direct-Growth Return 48.49 percent last year. It has received an average annual return of 9.34 percent since its inception. The five-year SIP yield of Rs 10,000 will be Rs 29 lakh, which will be Rs 2.2 lakh.

Disclaimer

The opinions and investment tips of the authors or employees of Greenium Information Technologies should not be construed as investment advice for buying or selling stocks, gold, currency or other commodities. Investors certainly shouldn’t

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