Franklin India Retirement Fund vs Tata Retirement Savings Fund-Moderate Plan
Franklin India Retirement Fund and Tata Retirement Savings Fund-Moderate Plan are both Retirement Funds. As of 5 Nov 2026 (Direct plan, Growth option): 3-year CAGR +7.94% vs +12.61%, 5-year CAGR +7.00% vs +10.30%, volatility 6.04% vs 14.28%, maximum drawdown −13.81% vs −29.64%. Their portfolios overlap by 6.6% (8 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| Franklin India Retirement | Tata Retirement Savings Fund-Moderate Plan | |
|---|---|---|
| Fund house | Franklin Templeton Mutual Fund | Tata Mutual Fund |
| Compared as | Retirement Funds | Retirement Funds |
| NAV | ₹241.4897 | ₹81.3060 |
| NAV date | 5 Nov 2026 | 5 Nov 2026 |
| Launched (first NAV) | 1 Jan 2013 | 4 Jan 2013 |
| Track record | 13.8 yrs | 13.8 yrs |
| Fund size (AUM) | ₹479 Cr | ₹2,115 Cr |
| Securities held | 63 | 66 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| Franklin India Retirement | Tata Retirement Savings Fund-Moderate Plan | |
|---|---|---|
| 1 month | +1.51% | +2.66% |
| 3 months | −0.87% | −1.81% |
| 6 months | +0.89% | +2.61% |
| 1 year | −0.81% | +4.91% |
| 3 years (CAGR) | +7.94% | +12.61% |
| 5 years (CAGR) | +7.00% | +10.30% |
| 7 years (CAGR) | +8.28% | +13.12% |
| 10 years (CAGR) | +7.93% | +13.05% |
| Since launch (CAGR) | +9.55% | +14.75% |
| SIP return (XIRR, 5 years) ⓘ | +6.68% | +11.30% |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| Franklin India Retirement | Tata Retirement Savings Fund-Moderate Plan | |
|---|---|---|
| 2026 (year to date) | −0.84% | +4.41% |
| 2025 | +5.10% | +2.48% |
| 2024 | +13.46% | +21.22% |
| 2023 | +14.93% | +27.12% |
| 2022 | +4.34% | −0.46% |
| 2021 | +10.57% | +22.26% |
Risk
| Franklin India Retirement | Tata Retirement Savings Fund-Moderate Plan | |
|---|---|---|
| Volatility (annualised) ⓘ | 6.04% | 14.28% |
| Downside volatility ⓘ | 4.44% | 9.47% |
| Sharpe ratio ⓘ | 0.24 | 0.43 |
| Sortino ratio ⓘ | 0.33 | 0.65 |
| Maximum drawdown ⓘ | −13.81% | −29.64% |
| Recovery from that fall | 7 months | 6 months |
| Current fall from peak | −1.43% | −2.96% |
| Rolling 1-year return: worst | −5.75% | −22.52% |
| Rolling 1-year return: median | +9.00% | +13.67% |
| Rolling 1-year return: best | +41.23% | +76.53% |
| Share of 1-year periods with a loss | 4.65% | 13.43% |
Against each fund's benchmark
| Franklin India Retirement | Tata Retirement Savings Fund-Moderate Plan | |
|---|---|---|
| Beta ⓘ | 0.39 | 0.88 |
| Alpha (Jensen's, annualised) ⓘ | −0.31% | +2.64% |
| R² ⓘ | 89.75 | 82.97 |
| Upside capture | 51.64% | 98.42% |
| Downside capture | 34.88% | 81.83% |
| Tracking error | 9.22% | 6.18% |
| Information ratio | -0.13 | 0.42 |
| Treynor ratio | 2.06 | 5.18 |
Portfolio
Asset mix
| Franklin India Retirement | Tata Retirement Savings Fund-Moderate Plan | |
|---|---|---|
| Debt | 56.87% | 14.06% |
| Equity | 35.12% | 79.08% |
| Cash & equivalents | 7.40% | 6.86% |
| Mutual Fund Units | 0.64% | 0.00% |
Market-cap split (share of fund assets)
| Franklin India Retirement | Tata Retirement Savings Fund-Moderate Plan | |
|---|---|---|
| Large Cap | 20.89% | 43.08% |
| Mid Cap | 6.19% | 17.12% |
| Small Cap | 7.48% | 16.93% |
| Unclassified | 0.54% | 1.95% |
Concentration
| Franklin India Retirement | Tata Retirement Savings Fund-Moderate Plan | |
|---|---|---|
| Top 10 holdings | 51.88% | 29.64% |
| Effective number of stocks ⓘ | 29.1 | 55.2 |
| Securities held | 63 | 66 |
Portfolio overlap: 6.6%
8 companies are held by both funds; by weight, 6.6% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | Franklin India Retirement | Tata Retirement Savings Fund-Moderate Plan |
|---|---|---|
| ICICI Bank Limited | 1.60% | 4.27% |
| Eternal Limited | 1.34% | 3.49% |
| Reliance Industries Limited | 0.87% | 3.23% |
| Dixon Technologies (India) Limited | 0.77% | 1.62% |
| RBL Bank Limited | 0.72% | 0.96% |
| 360 One WAM Limited | 0.54% | 1.97% |
| Exide Industries Limited | 0.43% | 1.81% |
| PB Fintech Limited | 0.40% | 1.27% |
Top 10 holdings
Franklin India Retirement
- 7.48% National Bank For Agriculture and Rural Development (15/09/2028)9.37%
- 0.00% Jubilant Bevco Ltd (31-May-2028)6.26%
- 7.68% Small Industries Development Bank Of India (10-Aug-2027)5.42%
- 7.90% Bajaj Housing Finance Ltd (28-Apr-2028)5.37%
- 7.70% Poonawalla Fincorp Ltd (21-Apr-2028)5.35%
- LIC Housing Finance Ltd.5.33%
- 7.03% National Bank for Financing Infrastructure and Development (08/04/2030)5.25%
- 0.00% Jubilant Beverages Ltd (31-May-2028)4.17%
- Canara Bank (30/11/2026)3.10%
- Bharti Telecom Ltd.2.27%
Tata Retirement Savings Fund-Moderate Plan
- Solar Industries India Limited4.74%
- ICICI Bank Limited4.27%
- Eternal Limited3.49%
- Reliance Industries Limited3.23%
- Multi Commodity Exchange of India Limited3.23%
- Radico Khaitan Limited2.60%
- 6.36% GOI 16-Feb-20312.09%
- Adani Ports and Special Economic Zone Limited2.07%
- 360 One WAM Limited1.97%
- Kirloskar Pneumatic Company Limited1.95%
Sector exposure
| Franklin India Retirement | Tata Retirement Savings Fund-Moderate Plan | |
|---|---|---|
| CRISIL AAA | 41.19% | 1.18% |
| CRISIL AA | 10.43% | 0.00% |
| Capital Markets | 1.65% | 9.90% |
| Banks | 7.11% | 9.06% |
| Sovereign | 0.00% | 7.31% |
| Chemicals & Petrochemicals | 0.00% | 4.74% |
| Industrial Products | 1.65% | 4.11% |
| Retailing | 1.82% | 3.49% |
| Beverages | 0.00% | 3.45% |
| Consumer Durables | 1.91% | 3.26% |
| Petroleum Products | 0.87% | 3.23% |
| Auto Components | 0.62% | 3.23% |
| Food Products | 0.71% | 3.12% |
| CRISIL A1+ | 3.10% | 0.00% |
Questions people ask
What is the difference between Franklin India Retirement and Tata Retirement Savings Fund-Moderate Plan returns?
As of 5 Nov 2026, Direct plan Growth option: 1-year return −0.81% vs +4.91%; 3-year CAGR +7.94% vs +12.61%; 5-year CAGR +7.00% vs +10.30%; 10-year CAGR +7.93% vs +13.05%. Past returns do not indicate future returns.
How do Franklin India Retirement and Tata Retirement Savings Fund-Moderate Plan compare on risk?
Volatility (36 monthly returns, annualised) 6.04% vs 14.28%; Sharpe ratio 0.24 vs 0.43; Sortino ratio 0.33 vs 0.65; maximum drawdown −13.81% vs −29.64%; beta 0.39 vs 0.88.
How much do Franklin India Retirement and Tata Retirement Savings Fund-Moderate Plan overlap?
By weight, 6.6% of the two portfolios is invested in the same companies; 8 stocks are held by both, the largest shared positions being ICICI Bank Limited, Eternal Limited, Reliance Industries Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of Franklin India Retirement and Tata Retirement Savings Fund-Moderate Plan?
Franklin India Retirement: large cap 20.9%, mid cap 6.2%, small cap 7.5%. Tata Retirement Savings Fund-Moderate Plan: large cap 43.1%, mid cap 17.1%, small cap 16.9% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 5 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.