What are the best Retirement Mutual Funds in India?

There are 26 Retirement Mutual Funds in India. The top performer is ICICI Prudential Retirement Fund - Pure Equity - Growth Option by ICICI Prudential Mutual Fund with a 3-year CAGR of 17.32%. MFGenie shows 22 with a 3-year track record, ranked by CAGR. Data from AMFI, updated daily.

What is the average return of Retirement Mutual Funds?

The average 3-year CAGR is 8.42%. Past performance does not guarantee future results.

Retirement Mutual Funds

Solution-oriented retirement funds with lock-in — closed to new subscriptions since the SEBI 2026 circular; existing investments continue. Data from AMFI, updated daily.

Closed to new subscriptions

SEBI's 26 Feb 2026 circular (cl. 2.6.3.16) discontinued the Solution-Oriented category; existing investments continue.

What the Solution-Oriented sunset means

26 funds in this category · showing top 22 ranked by 3-year return

Looking for the full directory? View all Retirement Mutual Funds

Category:

Less than One Year More than One Year

#	Scheme	AUM	NAV	1Y	3Y	5Y	10Y	Since Inception
1	ICICI Prudential Retirement Fund Pure Equity · Regular · Growth ICICI Prudential Mutual Fund	₹1,884 Cr	₹33.83	+4.83%	+17.32%	+16.62%	—	+17.43% Feb 2019	Invest
2	ICICI Prudential Retirement Fund Hybrid Aggressive · Regular · Growth ICICI Prudential Mutual Fund	₹1,173 Cr	₹27.16	+4.95%	+15.21%	+12.94%	—	+14.08% Feb 2019	Invest
3	Aditya Birla Sun Life Retirement Fund - 30 s · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹438 Cr	₹22.02	+11.43%	+13.91%	+10.18%	—	+11.01% Feb 2019	Invest
4	Union Retirement Fund · Regular · Growth Union Mutual Fund	₹197 Cr	₹15.86	+2.59%	+10.64%	—	—	+12.16% Sep 2022	Invest
5	Tata Retirement Savings Fund-Progressive · Regular · Growth Tata Mutual Fund	₹2,087 Cr	₹65.52	+3.14%	+10.16%	+8.26%	+11.69%	+13.44% Oct 2011	Invest
6	Tata Retirement Savings Fund-Moderate · Regular · Growth Tata Mutual Fund	₹2,112 Cr	₹65.11	+3.16%	+9.72%	+8.29%	+10.94%	+13.39% Oct 2011	Invest
7	Axis Retirement Fund - Dynamic · Regular · Growth Axis Mutual Fund	₹281 Cr	₹18.92	-2.37%	+9.70%	+6.04%	—	+9.87% Dec 2019	Invest
8	Axis Retirement Fund - Aggressive · Regular · Growth Axis Mutual Fund	₹696 Cr	₹17.71	-2.64%	+8.75%	+4.95%	—	+8.80% Dec 2019	Invest
9	Aditya Birla Sun Life Retirement Fund - 40 s · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹112 Cr	₹18.71	+0.61%	+8.72%	+7.11%	—	+8.65% Feb 2019	Invest
10	Nippon India Retirement Fund - Wealth Creation Scheme · Regular · Growth Nippon India Mutual Fund	₹3,037 Cr	₹27.39	-4.02%	+8.69%	+8.98%	—	+11.47% Feb 2015	Invest
11	SBI Retirement Benefit Fund Aggressive Hybrid · Regular · Growth SBI Mutual Fund	₹1,579 Cr	₹18.99	+1.19%	+7.59%	+9.28%	—	+12.06% Jan 2021	Invest
12	HDFC Retirement Savings Fund -Equity · Regular · Growth HDFC Mutual Fund	₹6,718 Cr	₹46.41	-7.14%	+7.17%	+10.05%	+13.47%	+15.59% Feb 2016	Invest
13	SBI Retirement Benefit Fund Aggressive · Regular · Growth SBI Mutual Fund	₹3,005 Cr	₹19.55	-1.08%	+6.64%	+9.27%	—	+12.64% Jan 2021	Invest
14	Franklin India Retirement Fund · Regular · Growth Franklin Templeton Mutual Fund	₹495 Cr	₹215.10	-1.17%	+6.40%	+6.07%	+6.90%	+10.93% Mar 1997	Invest
15	Aditya Birla Sun Life Retirement Fund - 50 s · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹26.6 Cr	₹14.98	+2.74%	+6.32%	+5.45%	—	+5.49% Feb 2019	Invest
16	SBI Retirement Benefit Fund Conservative Hybrid · Regular · Growth SBI Mutual Fund	₹254 Cr	₹15.61	+1.09%	+6.04%	+6.93%	—	+8.23% Jan 2021	Invest
17	SBI Retirement Benefit Fund Conservative · Regular · Growth SBI Mutual Fund	₹146 Cr	₹14.51	+1.86%	+5.90%	+6.31%	—	+6.84% Jan 2021	Invest
18	Axis Retirement Fund - Conservative · Regular · Growth Axis Mutual Fund	₹47.6 Cr	₹15.54	-1.69%	+5.68%	+4.33%	—	+6.72% Dec 2019	Invest
19	ICICI Prudential Retirement Fund Pure Debt · Regular · Growth ICICI Prudential Mutual Fund	₹82.1 Cr	₹15.65	+3.13%	+5.50%	+4.86%	—	+6.08% Feb 2019	Invest
20	HDFC Retirement Savings Fund - Hybrid - Equity · Regular · Growth HDFC Mutual Fund	₹1,610 Cr	₹35.69	-6.80%	+5.48%	+7.35%	+10.84%	+12.76% Feb 2016	Invest
21	Nippon India Retirement Fund - Income Generation Scheme · Regular · Growth Nippon India Mutual Fund	₹141 Cr	₹19.87	-1.15%	+5.08%	+4.70%	+5.72%	+6.07% Feb 2015	Invest
22	Aditya Birla Sun Life Retirement Fund - 50 Plus Debt · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹14.1 Cr	₹13.57	+2.32%	+4.64%	+3.76%	—	+4.13% Feb 2019	Invest
―	Category averagemedian of 52 funds	—	—	+1.39%	+8.05%	+7.67%	—	+10.05%
📊	BenchmarkNIFTY 50	—	—	-6.69%	+6.21%	+6.47%	—	—

Showing Regular-Growth plans. Returns are CAGR (annualised) for periods ≥1 year, absolute for periods <1 year. Data sourced from AMFI. Past performance is not indicative of future results.

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