Avsar.

HDFC Retirement Savings Fund - Hybrid-Debt Plan

HDFC Mutual FundAMFI 136465NAV ₹21.97 as of 11 Aug '26

How it behaved in each kind of market
as of 12 Aug '26

Across 20 months of falling markets, this fund ran +8.0% a year ahead of its category. It gives up ground when markets run.

Markets rising for 75 months. This fund returned +11.2% a year, 9.8% behind similar funds.
Markets flat for 23 months. This fund returned +1.2% a year, 3.4% ahead of similar funds.
Markets falling for 20 months. This fund returned -0.9% a year, 8.0% ahead of similar funds.
What counts as a rising, flat or falling market?

Every month of the last 10 years is labelled from the NIFTY 500's month-end close, before any fund is looked at. Falling means the index sat 8% or more below its own running peak. Rising means it was above its 10-month average and within 5% of that peak. Flat is everything in between.

Return a yearis what this fund's own NAV did over just those months, compounded — not averaged. vs similar funds is the same figure for the median fund in its SEBI category over the very same months, so both sides face the identical market.

The falling spells measured here: Sep '18 (-12%), Jan '19 (-10%), Jul '19 (-9%), Mar '20 (-32%), Feb '23 (-9%), Jan '25 (-18%).

Which state a month was in is only knowable afterwards, so this describes what already happened and does not forecast what comes next.

expense 2.33% regular · 118 months of NAV readBuilt from AMFI NAV history

Fund facts

Category
Retirement
Fund size
₹153 Cr
Expense ratio
2.33% (Regular)
Riskometer
Moderately High

What the fund aims to do

The investment objective of the Investment Plans offered under the Scheme is 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.

Analysis of public AMFI data for research. Market states are labelled mechanically from NIFTY 500 month-end closes and are only knowable in hindsight. Past behaviour is not a forecast. We are not a registered investment adviser and nothing here is a recommendation to buy or sell.