NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹30.51
0.37%
NAV as on 23 Nov 24, 12:00 AM
moderately high risk
retirement
hybrid (c)
NAV as on 23 Nov 24, 12:00 AM
moderately high risk
retirement
hybrid (c)
11.57%p.a.
Last 1Y
6.90%p.a.
Last 3Y
8.00%p.a.
Last 5Y
9.02%p.a.
Since Inception
About Tata Retirement Savings Conservative Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Tata Retirement Savings Conservative Fund Growth scheme from Tata Asset Management Limited. It is a Retirement mutual fund scheme that predominantly invests in Retirement stocks of companies. Launched on Nov 2011, Tata Retirement Savings Conservative Fund Growth is Retirement fund of its category with 172.34 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Retirement funds.
- Tata Retirement Savings Conservative Fund Growth delivered 11.6% annual returns during the last year. It has delivered 9.0% average annual returns since the fund was launched.
- Tata Retirement Savings Conservative Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (c)
Fund Objective
To provide a financial planning tool for long term financial security for investors based on their retirement planning goals. However, there can be no assurance that the investment objective of the fund will be realized, as actual market movements may be at variance with anticipated trends.
Top 10 Holdings
7.38% Govt Stock 2027
8.83%
7.17% Govt Stock 2030
8.83%
7.36% Govt Stock 2052
6.04%
7.27% Govt Stock 2026
5.84%
Power Finance Corporation Limited
5.80%
Jamnagar Utilities & Power Private Limited
5.68%
8.24% Govt Stock 2027
2.99%
8.2% Govt Stock 2025
2.94%
Bharti Telecom Limited
2.90%
HDFC Bank Ltd
2.04%
Fund Managers
- Murthy Nagarajan (Apr 2017 - Present)
- Sonam Udasi (Apr 2016 - Present)
Key Information
View Scheme Document
Tata Retirement Savings Conservative Fund Growth SIP Calculator
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NRI Mutual Fund Tax on Tata Retirement Savings Conservative Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Tata Retirement Savings Conservative Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Tata Retirement Savings Conservative Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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