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Unrated

Axis Retirement Savings Fund - Aggressive Plan - Regular Plan


Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of 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 sharp ups and downs.

Like for 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 are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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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 1.00 1.71 2.22 5.75 7.10 14.89 -- -- -- -- --
VR Balanced TRI -0.14 0.86 0.08 6.52 6.00 23.72 -- -- -- -- --
Hybrid: Aggressive Hybrid 0.58 0.82 0.51 4.96 6.46 20.03 -- -- -- -- --
Rank within category 20 1 1 12 12 42 -- -- -- -- --
Number of funds in category 43 44 44 43 43 43 42 32 25 23 21

As on 27-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Retirement Savings Fund - Aggressive Plan - Regular Plan
Unrated
Dec-19 -- -- -- 2.38 468
SBI Equity Hybrid Fund  | Invest Online
5 star
Dec-95 1.88 5.17 8.07 1.64 31,226
DSP Equity & Bond Fund  | Invest Online
4 star
May-99 4.45 5.10 8.70 1.92 5,502
Mirae Asset Hybrid Equity Fund - Regular Plan  | Invest Online
5 star
Jul-15 5.93 5.47 9.51 1.88 3,735
Canara Robeco Equity Hybrid Fund - Regular Plan  | Invest Online
5 star
Feb-93 9.97 7.62 9.40 1.99 3,438

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 12.72 (23-Mar-2020 - 22-Apr-2020) -25.55 (20-Feb-2020 - 23-Mar-2020)
Quarter 19.95 (24-Mar-2020 - 23-Jun-2020) -18.68 (03-Jan-2020 - 03-Apr-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 7.52 17.40 0.14 0.16 -- --
Hybrid: Aggressive Hybrid* 4.10 16.65 -0.05 -0.05 0.90 -3.18
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 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 17
Top 10 Holdings (%) 51.57
Top 5 Holdings (%) 29.93
Top 3 Sectors (%) 41.41
Portfolio P/B Ratio 5.57
Portfolio P/E Ratio 34.60
Avg Credit Rating AAA

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
equal 8.49% Nat. Highways Authority 2029 Non Convertible Debenture AAA 0.00 - 5.17 4.69
equal 8.85% REC 16/04/2029 Non Convertible Debenture AAA 0.00 - 4.76 4.10
equal 6.83% GOI 19/01/2039 Central Government Loan SOV 0.00 - 4.12 3.94
up 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 4.71 3.46
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 3.16 2.47
equal 7.84% Bank of Baroda 15/01/2035 Debenture AAA 0.00 - 2.57 2.24
equal 7.48% IRFC 13/08/2029 Non Convertible Debenture AAA 0.00 - 2.57 2.23
equal 7.60% LIC Housing Fin. 22/11/2022 Debenture AAA 0.00 - 2.52 2.23
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 7.06 2.10
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 1.19 1.14
equal 7.75% Bank of Baroda 2034 Debenture AAA 0.00 - 1.28 1.11

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 Info Edge (India) Services -- 7.58 0.00 7.58
equal Tata Consultancy Services Technology 32.22 7.02 0.00 7.02
equal Avenue Supermarts Services 157.48 6.57 0.00 5.61
equal Kotak Mahindra Bank Financial 34.72 6.33 0.00 4.89
equal Pidilite Industries Chemicals 91.24 5.57 0.00 4.83
equal Nestle India FMCG 80.19 5.66 0.00 4.64
equal Bajaj Finance Financial 46.36 5.73 0.00 4.18
equal TTK Prestige Cons Durable 52.97 4.03 0.00 4.03
equal Maruti Suzuki India Automobile 53.62 3.97 0.00 3.96
equal Sundaram Finance Financial 17.93 4.54 0.00 3.71
equal HDFC Bank Financial 22.96 4.02 0.00 3.64
equal Symphony Cons Durable 40.55 4.79 0.00 3.56
equal Bandhan Bank Financial 17.22 4.05 0.00 2.53
equal Endurance Technologies Automobile 37.11 2.31 0.00 2.31
equal Torrent Power Energy 11.89 2.62 0.00 2.30
equal Astral Poly Technik Chemicals 78.73 2.27 0.00 2.27
equal V-Guard Industries Cons Durable 53.40 2.15 0.00 1.68

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 30-Sep-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:


1.71%

Change from previous, NAV as on 27-Oct-2020

Growth: ₹ 10.1100

Dividend: ₹ 10.1200


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 (₹) 100
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: 1.10%
Benchmark: NIFTY 50 Hybrid Composite Debt 70:30 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 468 Cr (As on 30-Sep-2020)
Expense: 2.38% (As on 30-Sep-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: http://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

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