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 17.26%. 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 8.41%. 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	₹33.78	+4.74%	+17.26%	+16.59%	—	+17.40% Feb 2019	Invest
2	ICICI Prudential Retirement Fund Hybrid Aggressive · Regular · Growth ICICI Prudential Mutual Fund	₹1,173 Cr	₹27.12	+4.71%	+15.15%	+12.97%	—	+14.05% Feb 2019	Invest
3	Aditya Birla Sun Life Retirement Fund - 30 s · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹438 Cr	₹22.07	+11.58%	+14.00%	+10.33%	—	+11.04% Feb 2019	Invest
4	Union Retirement Fund · Regular · Growth Union Mutual Fund	₹197 Cr	₹15.87	+2.85%	+10.66%	—	—	+12.17% Sep 2022	Invest
5	Tata Retirement Savings Fund-Progressive · Regular · Growth Tata Mutual Fund	₹2,087 Cr	₹65.56	+3.44%	+10.18%	+8.29%	+11.70%	+13.44% Oct 2011	Invest
6	Tata Retirement Savings Fund-Moderate · Regular · Growth Tata Mutual Fund	₹2,112 Cr	₹65.12	+3.38%	+9.73%	+8.32%	+10.94%	+13.39% Oct 2011	Invest
7	Axis Retirement Fund - Dynamic · Regular · Growth Axis Mutual Fund	₹281 Cr	₹18.89	-2.43%	+9.65%	+6.04%	—	+9.84% Dec 2019	Invest
8	Axis Retirement Fund - Aggressive · Regular · Growth Axis Mutual Fund	₹696 Cr	₹17.70	-2.59%	+8.73%	+5.00%	—	+8.79% Dec 2019	Invest
9	Aditya Birla Sun Life Retirement Fund - 40 s · Regular · Growth Aditya Birla Sun Life Mutual Fund	₹112 Cr	₹18.67	+0.23%	+8.62%	+7.13%	—	+8.61% Feb 2019	Invest
10	Nippon India Retirement Fund - Wealth Creation Scheme · Regular · Growth Nippon India Mutual Fund	₹3,037 Cr	₹27.31	-4.18%	+8.59%	+8.98%	—	+11.42% Feb 2015	Invest
11	SBI Retirement Benefit Fund Aggressive Hybrid · Regular · Growth SBI Mutual Fund	₹1,579 Cr	₹19.03	+1.23%	+7.68%	+9.27%	—	+12.10% Jan 2021	Invest
12	HDFC Retirement Savings Fund -Equity · Regular · Growth HDFC Mutual Fund	₹6,718 Cr	₹46.47	-7.06%	+7.22%	+10.12%	+13.48%	+15.60% Feb 2016	Invest
13	SBI Retirement Benefit Fund Aggressive · Regular · Growth SBI Mutual Fund	₹3,005 Cr	₹19.56	-1.20%	+6.66%	+9.22%	—	+12.65% Jan 2021	Invest
14	Franklin India Retirement Fund · Regular · Growth Franklin Templeton Mutual Fund	₹495 Cr	₹214.87	-1.28%	+6.36%	+6.08%	+6.89%	+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	₹14.95	+2.55%	+6.25%	+5.42%	—	+5.46% Feb 2019	Invest
16	SBI Retirement Benefit Fund Conservative Hybrid · Regular · Growth SBI Mutual Fund	₹254 Cr	₹15.63	+1.16%	+6.07%	+6.92%	—	+8.25% Jan 2021	Invest
17	SBI Retirement Benefit Fund Conservative · Regular · Growth SBI Mutual Fund	₹146 Cr	₹14.52	+2.03%	+5.92%	+6.32%	—	+6.85% Jan 2021	Invest
18	Axis Retirement Fund - Conservative · Regular · Growth Axis Mutual Fund	₹47.6 Cr	₹15.50	-1.89%	+5.58%	+4.30%	—	+6.68% Dec 2019	Invest
19	HDFC Retirement Savings Fund - Hybrid - Equity · Regular · Growth HDFC Mutual Fund	₹1,610 Cr	₹35.77	-6.68%	+5.55%	+7.44%	+10.86%	+12.78% Feb 2016	Invest
20	ICICI Prudential Retirement Fund Pure Debt · Regular · Growth ICICI Prudential Mutual Fund	₹82.1 Cr	₹15.65	+3.16%	+5.50%	+4.87%	—	+6.08% Feb 2019	Invest
21	Nippon India Retirement Fund - Income Generation Scheme · Regular · Growth Nippon India Mutual Fund	₹141 Cr	₹19.86	-1.16%	+5.07%	+4.74%	+5.71%	+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	+2.39%	+4.64%	+3.79%	—	+4.13% Feb 2019	Invest
―	Category averagemedian of 52 funds	—	—	+1.40%	+8.07%	+7.67%	—	+10.02%
📊	BenchmarkNIFTY 50	—	—	-7.93%	+6.06%	+6.48%	—	—

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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