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Unrated

Axis Retirement Savings Fund - Aggressive Plan - Regular Plan


Analyst's Choice?

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80% of your money in equity shares and the rest in bonds and commodities. Their returns are slightly lower than pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to its sharp ups and downs.

Like all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -18.68 -1.69 -4.57 -19.57 -18.68 -- -- -- -- -- --
VR Balanced TRI -24.16 2.99 8.07 -19.00 -24.16 -- -- -- -- -- --
Hybrid: Aggressive Hybrid -23.83 -1.63 -3.84 -22.21 -24.17 -- -- -- -- -- --
Rank within category 4 31 35 6 4 -- -- -- -- -- --
Number of funds in category 44 44 44 44 44 43 41 32 25 23 21

As on 03-Apr-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 7.46 (23-Mar-2020 - 30-Mar-2020) -13.56 (16-Mar-2020 - 23-Mar-2020)
Month 5.25 (08-Jan-2020 - 07-Feb-2020) -25.55 (20-Feb-2020 - 23-Mar-2020)
Quarter -14.79 (27-Dec-2019 - 27-Mar-2020) -18.68 (03-Jan-2020 - 03-Apr-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 1.90 15.58 -0.23 -0.24 -- --
Hybrid: Aggressive Hybrid* -1.17 15.05 -0.44 -0.41 0.91 -3.42
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Mar-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 17
Top 10 Holdings (%) 52.15
Top 5 Holdings (%) 29.07
Top 3 Sectors (%) 46.08
Portfolio P/B Ratio 6.01
Portfolio P/E Ratio 31.88

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 3.46 3.46
equal 8.49% Nat. Highways Authority 2029 Non Convertible Debenture AAA 0.00 - 2.33 2.33
equal 8.85% REC 16/04/2029 Non Convertible Debenture AAA 0.00 - 2.33 2.33
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 2.33 2.33
new 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture AAA 0.00 - 2.20 2.20
equal 7.48% IRFC 13/08/2029 Non Convertible Debenture AAA 0.00 - 2.19 2.19
equal 7.84% Bank of Baroda 15/01/2035 Debenture AAA 0.00 - 2.19 2.19
new 6.45% GOI 2029 GOI Securities SOV 0.00 - 2.16 2.16
equal 7.60% LIC Housing Fin. 22/11/2022 Debenture AAA 0.00 - 2.16 2.16
new 7.75% Bank of Baroda 2034 Debenture AAA 0.00 - 1.09 1.09

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Kotak Mahindra Bank Financial 24.98 6.33 0.00 6.28
equal Avenue Supermarts Services 110.69 5.95 0.00 5.95
equal Bajaj Finance Financial 24.18 5.73 0.00 5.73
equal Tata Consultancy Services Technology 19.15 5.69 0.00 5.67
equal Info Edge (India) Services -- 5.76 0.00 5.44
equal Pidilite Industries Chemicals 51.75 5.13 0.00 5.13
equal Symphony Cons Durable 38.59 4.79 0.00 4.79
equal Nestle India FMCG 74.17 4.63 0.00 4.63
equal Sundaram Finance Financial 10.88 4.54 0.00 4.53
equal HDFC Bank Financial 16.97 4.02 0.00 4.00
equal TTK Prestige Cons Durable 27.98 3.78 0.00 3.78
equal Maruti Suzuki India Automobile 19.60 3.94 0.00 3.71
equal Bandhan Bank Financial 9.57 4.05 0.00 3.57
equal Torrent Power Energy 9.11 2.24 0.00 2.24
equal Astral Poly Technik Chemicals 56.99 2.20 0.00 2.14
equal V-Guard Industries Cons Durable 30.43 2.15 0.00 2.01
equal Endurance Technologies Automobile 13.61 2.12 0.00 1.98

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 29-Feb-2020

Fund Manager

— Jinesh Gopani since 29-Nov-2019

Education: Mr. Gopani is a B. Com (H) and MMS from Bharati Vidyapeeth Institute of Management Studies and Research.

Experience: Prior to joining Axis AMC he has worked with Birla Sun Life AMC, Voyager India Capital Pvt. Ltd., Emkay Shares & Stock Brokers Limited and Net worth Stock Broking Limited.

Interviews:

Funds Managed:

— R Sivakumar since 29-Nov-2019

Education: Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.

Experience: Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.

Funds Managed:


-1.69%

Change from previous, NAV as on 03-Apr-2020

Growth: ₹ 8.1400

Dividend: ₹ 8.1400


Investment Strategy

The schemes seeks to generate capital appreciation by predominantly investing in equity and equity related instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) --
Minimum Balance (₹) 500
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 20-Dec-2019
Return Since Launch: -18.60%
Benchmark: NIFTY 50 Hybrid Composite Debt 70:30 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 466 Cr (As on 29-Feb-2020)
Expense: 2.33% (As on 29-Feb-2020)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Last Session

Investors' Hangout

5 ways to deal with market panic

dateFriday, 20-Mar-2020
time12:30 PM - 01:00 PM

Registration Over