Fund Tracker India by Ishaan Dungarwal
Guide
Fund categoriesSolution-orientedSep 2026

Retirement funds: what they hold and bought

SEBI's rule: A lock-in of at least five years, or until retirement age if that comes first. Source: SEBI categorisation circular, 6 Oct 2017, as amended

27 retirement funds from 13 fund houses filed a portfolio for Sep 2026. Here is what most of them hold, and what they added and cut.

Category as AMFI lists it; the two AMFI spellings of a category are one page. Counted over open-ended schemes with an equity portfolio for the month, share counts from each fund house's monthly file. Value added or cut = change in shares × the month's value per share in that file, never a change in price.

Schemes27portfolio filed for Sep 2026, of 29
Fund houses13running one
Stocks held429listed on NSE, any scheme

Stocks most retirement funds hold, Sep 2026

Ranked by how many schemes in the category hold the stock; the average is its % of net assets in the schemes holding it.

schemes holding · average weight
  1. ICICIBANK ICICI Bank Ltd.
    25 of 27 · 4.25%
  2. HDFCBANK HDFC Bank Ltd.
    24 of 27 · 3.74%
  3. LT Larsen & Toubro Ltd.
    22 of 27 · 1.96%
  4. RELIANCE Reliance Industries Ltd.
    21 of 27 · 3.27%
  5. SBIN State Bank of India
    20 of 27 · 2.02%
  6. INFY Infosys Ltd.
    18 of 27 · 1.71%
  7. KOTAKBANK Kotak Mahindra Bank Ltd.
    17 of 27 · 2.05%
  8. MARUTI Maruti Suzuki India Ltd.
    17 of 27 · 1.25%
  9. ETERNAL Eternal Ltd.
    15 of 27 · 1.74%
  10. BAJFINANCE Bajaj Finance Ltd.
    15 of 27 · 1.25%
  11. AXISBANK Axis Bank Ltd.
    14 of 27 · 2.11%
  12. BHARTIARTL Bharti Airtel Ltd.
    14 of 27 · 1.99%
  13. INDIGO Interglobe Aviation Ltd.
    14 of 27 · 0.92%
  14. TITAN Titan Company Ltd.
    13 of 27 · 1.52%
  15. APOLLOHOSP Apollo Hospitals Enterprise Ltd.
    13 of 27 · 1.14%
  16. NTPC NTPC Ltd.
    12 of 27 · 1.04%
  17. TECHM Tech Mahindra Ltd.
    12 of 27 · 0.87%
  18. M&M Mahindra & Mahindra Ltd.
    11 of 27 · 1.73%
  19. SONACOMS Sona Blw Precision Forgings Ltd.
    11 of 27 · 1.11%
  20. TVSMOTOR TVS Motor Company Ltd.
    11 of 27 · 1.06%

Most bought, Sep 2026

value of shares added · schemes adding
  1. ELEVATE Elevate Campuses Limited · 5, 5 new
    +₹102 cr
  2. CORONA Corona Remedies Ltd. · 4, 4 new
    +₹92.2 cr
  3. CONCOR Container Corporation of India Ltd. · 2, 1 new
    +₹32.0 cr
  4. FORTIS Fortis Healthcare Ltd. · 1, 1 new
    +₹26.0 cr
  5. NLCINDIA NLC India Ltd. · 1
    +₹23.3 cr
  6. 360ONE 360 ONE WAM Ltd. · 2, 2 new
    +₹22.4 cr
  7. VARMORA Varmora Granito Ltd. · 1, 1 new
    +₹18.9 cr
  8. UNITDSPR United Spirits Limited · 3
    +₹18.8 cr
  9. ONGC Oil & Natural Gas Corporation Ltd. · 2, 1 new
    +₹18.8 cr
  10. TIINDIA Tube Investments of India Ltd. · 1
    +₹18.4 cr

Most sold, Sep 2026

value of shares cut · schemes cutting
  1. AXISBANK Axis Bank Ltd. · 4, 4 sold out
    −₹125 cr
  2. RAMCOCEM The Ramco Cements Ltd. · 2, 2 sold out
    −₹57.2 cr
  3. TECHM Tech Mahindra Ltd. · 2, 1 sold out
    −₹47.7 cr
  4. LT Larsen & Toubro Ltd. · 5, 1 sold out
    −₹43.8 cr
  5. ICICILIFE ICICI Life Insurance Ltd. · 2, 2 sold out
    −₹41.4 cr
  6. TCS Tata Consultancy Services Ltd. · 4, 2 sold out
    −₹36.1 cr
  7. POLICYBZR PB Fintech Ltd. · 1, 1 sold out
    −₹29.7 cr
  8. METROBRAND Metro Brands Ltd. · 3, 3 sold out
    −₹27.0 cr
  9. KOTAKBANK Kotak Mahindra Bank Ltd. · 2, 1 sold out
    −₹23.5 cr
  10. JSWINFRA JSW Infrastructure Ltd. · 1
    −₹22.4 cr

Retirement schemes (27)

largest AUM first
SchemeFund houseAUM1-year return
HDFC Retirement Fund - Equity PlanHDFC Mutual Fund₹6,923 cr−1.9%
UTI Retirement FundUTI Mutual Fund₹4,698 cr+1.7%
SBI Retirement Benefit Fund - Aggressive PlanSBI Mutual Fund₹3,166 cr+3.3%
Nippon India Retirement Fund- Wealth Creation SchemeNippon India Mutual Fund₹3,100 cr−1.1%
Tata Retirement Savings Fund-Moderate PlanTata Mutual Fund₹2,212 cr+6.3%
Tata Retirement Savings Fund-Progressive PlanTata Mutual Fund₹2,211 cr+6.7%
ICICI Prudential Retirement Fund Pure Equity PlanICICI Prudential Mutual Fund₹2,119 cr+3.9%
SBI Retirement Benefit Fund - Aggressive Hybrid PlanSBI Mutual Fund₹1,636 cr+4.2%
HDFC Retirement Fund - Hybrid-Equity PlanHDFC Mutual Fund₹1,603 cr−3.0%
ICICI Prudential Retirement Fund Hybrid Aggressive PlanICICI Prudential Mutual Fund₹1,286 cr+3.1%
Axis Retirement Fund - Aggressive PlanAxis Mutual Fund₹702 cr+1.0%
Franklin India Retirement FundFranklin Templeton Mutual Fund₹493 cr−0.2%
Aditya Birla Sun Life Retirement Fund-The 30s PlanAditya Birla Sun Life Mutual Fund₹476 cr+12.9%
Baroda BNP Paribas Retirement FundBaroda BNP Paribas Mutual Fund₹399 cr+4.0%
Axis Retirement Fund - Dynamic PlanAxis Mutual Fund₹282 cr+1.2%
SBI Retirement Benefit Fund - Conservative Hybrid PlanSBI Mutual Fund₹254 cr+3.2%
Union Retirement FundUnion Mutual Fund₹212 cr+4.9%
BANDHAN RETIREMENT FUNDBandhan Mutual Fund₹183 cr+3.1%
Tata Retirement Savings Fund-Conservative PlanTata Mutual Fund₹169 cr+4.2%
HDFC Retirement Fund - Hybrid-Debt PlanHDFC Mutual Fund₹147 cr+1.3%
Nippon India Retirement Fund- Income Generation SchemeNippon India Mutual Fund₹143 cr+1.6%
SBI Retirement Benefit Fund - Conservative PlanSBI Mutual Fund₹141 cr+3.2%
Aditya Birla Sun Life Retirement Fund-The 40s PlanAditya Birla Sun Life Mutual Fund₹115 cr+3.0%
PGIM India Retirement FundPGIM India Mutual Fund₹107 cr+4.8%
ICICI Prudential Retirement Fund Hybrid Conservative PlanICICI Prudential Mutual Fund₹96.6 cr+4.8%
Axis Retirement Fund - Conservative PlanAxis Mutual Fund₹46.9 cr+0.5%
Aditya Birla Sun Life Retirement Fund-The 50s PlanAditya Birla Sun Life Mutual Fund₹27.1 cr+3.5%

AUM = AMFI's latest average AUM for the scheme; 1-year return = change in NAV over the year, as on each scheme page. Filter and compare every scheme

Questions about retirement funds

from the figures on this page

Which stocks do retirement funds hold the most?

In Sep 2026, 25 of the 27 retirement funds with a portfolio held ICICI Bank Ltd.. The five held by the most schemes: ICICI Bank Ltd. (ICICIBANK), HDFC Bank Ltd. (HDFCBANK), Larsen & Toubro Ltd. (LT), Reliance Industries Ltd. (RELIANCE), State Bank of India (SBIN). Funds holding ICICIBANK

What did retirement funds buy and sell in Sep 2026?

Most bought by value of shares added: Elevate Campuses (ELEVATE), Corona Remedies Ltd. (CORONA), Container Corporation of India Ltd. (CONCOR). Most sold: Axis Bank Ltd. (AXISBANK), The Ramco Cements Ltd. (RAMCOCEM), Tech Mahindra Ltd. (TECHM). All stocks bought and sold by mutual funds, Sep 2026

How many retirement funds are there?

AMFI lists 29 open-ended retirement funds; 27 from 13 fund houses filed an equity portfolio for Sep 2026. Filter every scheme

Other fund categories

Aggressive hybrid Arbitrage Balanced advantage or dynamic asset allocation Balanced hybrid Children's Conservative hybrid Contra Dividend yield ELSS (tax saver) Equity savings Flexi cap Focused Large & mid cap Large cap Life cycle Mid cap Multi asset allocation Multi cap Sectoral or thematic Small cap Value