Best 10 Mutual Funds for Senior Citizens in February 2026 by 5-Year CAGR: ICICI Prudential Retirement Fund, HDFC Retirement Savings Fund Equity Plan and More

Senior citizens often consider retirement-focused mutual funds that combine growth potential with structured risk management. The latest data for February 2026 highlights the 5-year CAGR performance of select retirement schemes across equity and hybrid categories.

These funds vary in AUM, expense ratios and Sharpe ratios, offering insight into their scale, cost structure and risk-adjusted performance. The following sections summarise the key details based solely on observed fund metrics.

Top 10 Mutual Funds for Senior Citizens in February 2026 by 5‑Year CAGR

Note: The schemes mentioned above have been selected and sorted based on 5Y CAGR as of February 12, 2026

Expense Ratio and AUM Distribution

Expense ratios among the listed schemes range from 0.62% to 1.16%, showing notable variation in fund cost structures. Tata Retirement Savings Fund – Progressive Plan features the lowest expense ratio of 0.62%.

In contrast, Aditya Birla SL Retirement Fund-30 has the highest expense ratio at 1.16%. AUM distribution also varies widely, with HDFC Retirement Savings Fund – Equity Plan leading at ₹6,941.17 crore, while Aditya Birla SL Retirement Fund-30 maintains an AUM of ₹419.29 crore.

Risk-Adjusted Return Assessment Using Sharpe Ratio

Sharpe ratios across these funds range from 0.56 to 1.34, indicating differences in risk-adjusted performance over the 5-year period. Aditya Birla SL Retirement Fund-30 reports the highest Sharpe ratio of 1.34 despite having a lower CAGR compared to others in the list.

ICICI Prudential Retirement Fund – Pure Equity Plan and ICICI Prudential Retirement Fund – Hybrid Aggressive Plan also show comparatively high Sharpe ratios at 1.3 and 1.28, respectively. These metrics highlight how certain funds have managed volatility relative to returns within the evaluated timeframe.

Top 10 Mutual Funds for Senior Citizens in February 2026 by 1‑Year Returns

Note: The schemes mentioned above have been selected and sorted based on 1Y Returns as of February 12, 2026

Read More: Best 10 Equity Mutual Funds for February 2026 by 5‑Year CAGR.

Conclusion

The top 10 retirement-focused mutual funds for February 2026 show diverse performance across equity, hybrid and moderate allocation categories. The ranking by 5-year CAGR highlights strong long-term returns from equity-oriented plans, while hybrid options demonstrate balanced performance profiles.

Expense ratios and AUM figures provide additional context to cost efficiency and fund scale. Sharpe ratios further indicate how funds performed on a risk-adjusted basis during the 5-year period.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.