After annealing in the two-phase region (non-isothermal heating) and quenching, the retained austenite with volume fraction of ~ 33 vol. % is observed at room temperature in nanostructured Fe91Ni8Zr1 alloy. EDS analysis in TEM shows that the Ni content in retained austenite is about 11 at. %, which is far below the value (at least 28 at. %) in retained austenite according to extensive studies in Fe-Ni alloys (for example, Lattice Parameters of Martensite and Austenite in Fe–Ni Alloys in Journal of Applied Physics 40, 3453 (1969)). On the other hand, if the Ni content in austenite for my alloy has at least 28 at. %, the total value 0.33X28%=0.0924 will bigger than the nominated content (~ 0.08). Two points are highlighted here: (i) Zr has no direct effect on the phase transition in Fe-Ni alloys, and it is not believed that Zr is responsible for the formation of austenite at room temperature; and (ii) TEM image shows that austenite is still in nanoscale. It is claimed that size effect may explain the presence of austenite, for example, martensite is hindered due to the nanoscale-size effect. However, quantitative analysis remains lack. So, what is the true reason for the presence of austenite at room temperature in my system?