When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.
Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6% of the value of your investment every year.
Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three years.
Taxability of earnings:
The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.
|VR MIP TRI||0.62||0.02||0.27||1.16||3.06||2.96||10.07||8.90||7.69||--||--|
|Hybrid: Conservative Hybrid||0.60||0.01||0.24||0.82||2.44||3.71||7.13||6.04||1.52||--||--|
|Rank within category||21||63||42||48||77||56||49||30||1||--||--|
|Number of funds in category||86||86||86||86||86||84||78||38||3||0||0|
As on 17-Jan-2020
|Best (Period)||Worst (Period)|
|Week||-- ( - )||-- ( - )|
|Month||10.87 (07-May-2014 - 06-Jun-2014)||-7.42 (07-Aug-2015 - 07-Sep-2015)|
|Quarter||13.96 (17-Feb-2014 - 19-May-2014)||-9.34 (21-Oct-2015 - 21-Jan-2016)|
|Year||32.78 (29-Jan-2014 - 29-Jan-2015)||-16.59 (27-Feb-2015 - 29-Feb-2016)|
|VR MIP TRI||8.83||4.11||1.17||--||--||--|
|Hybrid: Conservative Hybrid||6.03||3.85||0.13||0.23||0.72||-1.93|
|Rank within category||30||18||30||34||12||26|
|Number of funds in category||38||38||38||38||38||38|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Dec-2019
|The underlying data is unavailable.|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|TMF Holdings 24/01/2020||Privately Placed Debts||AA-||0.00 - 9.48||9.42|
|8.90% LIC Housing Fin. 2020||Debenture||AAA||9.35 - 9.95||9.35|
|8.37% National Bank Agr. Rur. Devp 22/06/2020||Debenture||AAA||9.33 - 9.95||9.33|
|7.13% REC 21/09/2020||Bonds||AAA||9.29 - 9.74||9.29|
|6.91% NHPC 15/09/2020||Debenture||AAA||9.29 - 9.76||9.29|
|7.05% Power Finance Corp. 15/05/2020||Debenture||AAA||7.42 - 7.81||7.42|
|8.25% Bharti Airtel 20/04/2020||Non Convertible Debenture||AA||7.38 - 7.83||7.38|
|7.09% Export-Import Bank 2020||Bonds||AAA||5.56 - 5.91||5.56|
|8.07% L&T Finance 29/05/2020||Debenture||AAA||4.63 - 4.91||4.63|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
Education: Mr. Naik is a B.E from Mumbai University and MBA from XLRI, Jamshedpur.
Experience: Prior to joining Axis Mutual Fund he was associated with organizations such as Goldman Sachs and has over 7 years of experience as an Equity Analyst.
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
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The fund seeks to generate regular income through investments in high quality fixed income securities and a small portion in equity and equity related instruments.
|Fund House:||Axis Mutual Fund|
|Return Since Launch:||6.04%|
|Benchmark:||CRISIL Hybrid 85+15 Conservative|
Fund News - 04-Mar-2019
AMC: Axis Asset Management Company Ltd.
Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Email: [email protected]