HDFC Retirement Savings Fund - Equity Plan - Growth Option
Fund House: HDFC Mutual Fund| Category: Retirement Fund |
| Launch Date: 07-02-2016 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| TER: 1.87% As on (31-10-2023) |
| Status: Open Ended Schemes |
| Minimum Investment: 100.0 |
| Minimum Topup: 0.0 |
| Total Assets: 3,739.41 Cr As on (31-10-2023) |
| Turn over: 8.45% | Exit Load: Nil |
40.218
0.13 (0.3307%)
19.6%
Benchmark: 12.32%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Investment Objective
The Scheme seeks to generate a corpus to provide for pension to an investor in the form of income to the extent of the redemption value of their holding after the age of 60 years by investing in a mix of securities comprising of equity, equity related instruments and/or Debt/Money Market instruments.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 12.2 |
| Sharpe Ratio | 1.65 |
| Alpha | 8.01 |
| Beta | 0.82 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
Scheme Characteristics
Scheme having a lock-in for at least 5 years or till retirement age whichever is earlier.
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
23.02%
Others
13.15%
Large Cap
54.07%
Mid Cap
9.76%
Tax Benefits of investing in this fund
Capital gains will be deemed as short-term capital gains (STCG) for units acquired on or after April 1, 2023 and will be taxed at the applicable income tax slab rate**.
Income distribution cum capital withdrawal (IDCW) shall be taxable in the hands of investors and the mutual fund will deduct TDS @10% for resident investors and @20% (plus applicable surcharge and cess) for non-resident investors before payouts/re-investment. However, investors can claim tax-credit of TDS deducted at the time of filing their annual return.
** Capital gains on sale of units acquired on or before March 31, 2023 & redeemed on or after April 1, 2023 will be taxed as below:
Long term capital gains (LTCG) tax @20% (plus surcharge, if applicable and cess) with indexation if units held for more than 36 months.
In case of an investor being NRI, LTCG tax are chargeable @ 10% (plus surcharge, if applicable and cess) without indexation relating to units redeemed from unlisted schemes.
Short term capital gains (STCG) tax at the income tax slab rate if units are held for less than 36 months.
