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Retirement · Solution Oriented

HDFC Retirement Fund - Equity Plan

HDFC Asset Management Company Limited
Benchmark
Nifty 500 TRI
Riskometer
Very High
Size
₹6,698 cr
Allotted
25 Feb 2016
Holdings as of
30 Sep 2026

HDFC Retirement Fund - Equity Plan is a retirement fund of HDFC Asset Management Company Limited with ₹6,698 cr under management. It is ahead of its benchmark (Nifty 500 TRI) in 2 of 4 periods. Its direct plan charges 0.92% a year. Arun Agarwal has managed it for 1.5 years.

Has HDFC Retirement Fund - Equity Plan beaten its benchmark?

Ahead of its benchmark, Nifty 500 TRI, in 2 of 4 periods in AMFI's figures; −7.35% over the last year against −4.30%.

Period returns

Direct Plan, growth · 3y and longer a year
PeriodFundNifty 500 TRIAhead
1 month−2.05% −3.60% —
3 months−3.68% −5.03% —
6 months−1.59% −1.83% —
1 year−7.35% −4.06% −3.29 pts
3 years+8.44% +9.27% −0.83 pts
5 years+10.58% +8.00% +2.58 pts
10 years+14.81% +12.69% +2.12 pts
Since start
from 26 Feb 2016
+17.11%——
Valarth price history to 13 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026
Ahead of its benchmark (Nifty 500 TRI) in 2 of 4 periods.
PeriodDirectRegularBenchmarkAheadRank
1y −7.35%−8.27%−4.30% −3.05 🔒
3y +8.43%+7.30%+9.33% −0.90 🔒
5y +10.57%+9.35%+8.24% +2.33 🔒
10y +14.79%+13.35%+12.73% +2.06 🔒
Ahead in points a year · its rank among Retirement funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 13 Oct 2026
50100150200250300350400450 20172019202120232025
Fund 393Nifty 500 TRI 327

₹100 put in at the start of Oct 2016 would be ₹393 on 13 Oct 2026, against ₹327 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro
Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.
See them in the app →

What does HDFC Retirement Fund - Equity Plan cost?

0.92% a year on the direct plan, 1.87% on the regular plan; 4 of 29 funds in its category charge less.

Direct plan
0.92% a year
Category median 1.16%
Regular plan
1.87% a year
Category median 2.16%
Gap
0.95 points
for the same holdings
4 of 29 funds in its category charge less on the direct plan.
Expense report, Oct 2026 · Solution Oriented Schemes ** - Retirement Fund

What the regular plan costs you over time

🔒 Pro
The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages HDFC Retirement Fund - Equity Plan?

Anupam Joshi, since 7 Mar 2026; Arun Agarwal, since 1 Apr 2025; Nandita Menezes, since 1 Apr 2025.

Anupam Joshi
0.6 years
since 7 Mar 2026
Arun Agarwal
1.5 years
since 1 Apr 2025
Nandita Menezes
1.5 years
since 1 Apr 2025
And 2 more; every manager, the other funds each runs and the changes over time are in the app.
Benchmark as filedNIFTY 500 Index (Total Returns Index)
Exit load
Fresh investments by investors including SIP / STP registrations, etc effective June 2, 2018: Exit Load (Upon completion of lock-in period): Nil Existing investments by investors including SIP / STP registrations, etc until June 1, 2018: Exit Load (Upon completion of lock-in period of 5 years) In respect of each purchase/switch-in of units offered under the respective Investment Plan(s) • An Exit Load of 1% is payable if Units are redeemed/ switched-out before completion of 60 years of age • No Exit Load is payable if Units are redeemed / switched-out on or after attainment of 60 years of age.
From 2 Scheme Summary Documents filed with NSE, first on 14 Sep 2026; as on 13 Oct 2026

What does HDFC Retirement Fund - Equity Plan hold?

75 holdings as of 30 Sep 2026; the ten largest are 40.6% of the fund, the largest ICICI Bank Ltd. at 7.4%.

Mix

Holdings as of 30 Sep 2026
Equity93.3%Debt0.0%Cash5.2%Other1.5%
Holdings
75
71 shares
Top ten
40.6%
of the fund
Effective holdings
34.0
spread, as if equal-weighted
Matched to our table
100%
of the equity

Five largest

% of fund
ICICI Bank Ltd.7.36%
HDFC Bank Ltd.£6.93%
Reliance Industries Ltd.4.64%
Axis Bank Ltd.4.43%
Kotak Mahindra Bank Limited4.39%

Five largest industries

% of fund
Banks28.3%
IT - Software7.20%
Automobiles6.80%
Transport Services6.20%
Petroleum Products5.90%

By company size

% of equity · SEBI size lists
Large Cap67.1%Mid Cap10.6%Small Cap22.3%

How does HDFC Retirement Fund - Equity Plan score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro
Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.
Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro
The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is HDFC Retirement Fund - Equity Plan run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro
Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

Moves with its indexnot an index tracker
Nearest to the Nifty 50: 46% of it differs from the index (an active fund is usually above 60%).
Active share 46.4%60%

Funds that hold much the same

% of holdings in common
HDFC Retirement Fund - Hybrid-Equity Plan74.7% the same
42 shared holdings
HDFC Multi Asset Allocation Fund66.6% the same
41 shared holdings
HDFC Aggressive Hybrid Fund66.2% the same
34 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro
How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages HDFC Retirement Fund - Equity Plan?

Anupam Joshi (manager) since 7 Mar 2026; Arun Agarwal (manager) since 1 Apr 2025; Nandita Menezes (manager) since 1 Apr 2025; Chirag Setalvad (manager) since 1 Sep 2026; Gopal Agrawal (manager) since 1 Sep 2026.

What is the expense ratio of HDFC Retirement Fund - Equity Plan?

0.92% a year on the direct plan and 1.87% on the regular plan (expense report, Oct 2026).

How has HDFC Retirement Fund - Equity Plan done?

Its direct plan returned +8.43% a year over 3 years against +9.33% for its benchmark, Nifty 500 TRI, as of 13 Oct 2026.

Inside the app

See HDFC Retirement Fund - Equity Plan beside your own funds in Valarth

Start freeStart free
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Valarth's Before the Bell edition, with the day's headline, regulator notes and sector moves.
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HDFC Retirement Fund - Equity Plan in the app: beside your own funds, with what you own through them

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