NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Tata Retirement Savings Conservative Fund Growth for NRI [30.89]

Min Investment

5,000

Fund Size

177.52 Cr

Expense Ratio

2.2%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

30.89

-0.29%

NAV as on 05 Oct 24, 12:00 AM

moderately high risk

retirement

hybrid (c)

NAV as on 05 Oct 24, 12:00 AM

moderately high risk

retirement

hybrid (c)

14.80%p.a.

Last 1Y

7.39%p.a.

Last 3Y

8.71%p.a.

Last 5Y

9.19%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 177.52 Cr fund under management as on Oct 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 14.8% annual returns during the last year. It has delivered 9.2% 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

7.17% Govt Stock 2030

8.61%

7.38% Govt Stock 2027

8.59%

7.36% Govt Stock 2052

5.93%

7.27% Govt Stock 2026

5.68%

Power Finance Corporation Limited

5.63%

Jamnagar Utilities & Power Private Limited

5.48%

8.24% Govt Stock 2027

2.91%

8.2% Govt Stock 2025

2.86%

Bharti Telecom Limited

2.82%

08.44 MH Sdl 2024

1.98%

Fund Managers

  1. Murthy Nagarajan (Apr 2017 - Present)
  2. Sonam Udasi (Apr 2016 - Present)

Key Information

View Scheme Document

Tata Retirement Savings Conservative Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

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 TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions