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Axis Retirement Savings Fund - Dynamic Plan - Regular Plan


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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.

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • 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 25% (effectively 29.12%, 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 -9.39 1.11 0.00 -10.46 -9.39 -- -- -- -- -- --
VR Balanced TRI -23.70 0.32 -0.50 -21.04 -24.11 -- -- -- -- -- --
Hybrid: Multi Asset Allocation -15.15 1.00 -0.16 -15.48 -15.19 -- -- -- -- -- --
Rank within category 4 7 8 4 4 -- -- -- -- -- --
Number of funds in category 15 16 16 15 15 14 14 10 10 7 1

As on 27-Mar-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.78 (03-Feb-2020 - 10-Feb-2020) -8.86 (11-Mar-2020 - 18-Mar-2020)
Month 3.42 (08-Jan-2020 - 07-Feb-2020) -16.70 (20-Feb-2020 - 23-Mar-2020)
Quarter -9.39 (27-Dec-2019 - 27-Mar-2020) -9.39 (27-Dec-2019 - 27-Mar-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 9.24 10.73 0.34 0.53 -- --
Hybrid: Multi Asset Allocation* 5.68 6.14 0.00 -0.01 0.45 -1.57
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 29-Feb-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 20
Top 10 Holdings (%) 42.40
Top 5 Holdings (%) 22.98
Top 3 Sectors (%) 30.66
Portfolio P/B Ratio 5.47
Portfolio P/E Ratio 31.33

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 - 4.24 4.24
new 4.75% HDFC Bank 2020 Fixed Deposits -- 0.00 - 4.14 4.14
equal 8.85% REC 16/04/2029 Non Convertible Debenture AAA 0.00 - 2.14 2.14
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 2.14 2.14
new 7.70% Nat. Highways Authority 13/09/2029 Non Convertible Debenture AAA 0.00 - 2.04 2.04
new 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture AAA 0.00 - 2.02 2.02
equal 7.48% IRFC 13/08/2029 Non Convertible Debenture AAA 0.00 - 2.01 2.01
equal 7.84% Bank of Baroda 15/01/2035 Debenture AAA 0.00 - 2.01 2.01
new 7.75% Bank of Baroda 2034 Debenture AAA 0.00 - 2.00 2.00
equal 7.60% LIC Housing Fin. 22/11/2022 Debenture AAA 0.00 - 1.99 1.99

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
up Nestle India FMCG 76.78 5.77 0.00 5.77
equal Kotak Mahindra Bank Financial 28.40 4.62 0.00 4.62
equal Bajaj Finance Financial 24.57 4.21 0.00 4.21
up Torrent Power Energy 8.95 3.98 0.00 3.98
equal Avenue Supermarts Services 112.21 3.98 0.00 3.98
up Pidilite Industries Chemicals 54.55 3.97 0.00 3.97
new Hindustan Unilever FMCG 69.59 3.81 0.00 3.81
equal HDFC Bank Financial 17.38 3.68 0.00 3.68
new ICICI Bank Financial 21.43 3.67 0.00 3.67
equal Tata Consultancy Services Technology 20.56 3.59 0.00 3.59
equal Info Edge (India) Services -- 3.25 0.00 3.20
equal Sundaram Finance Financial 11.20 3.03 0.00 3.03
equal TTK Prestige Cons Durable 27.05 2.70 0.00 2.70
equal Maruti Suzuki India Automobile 21.21 2.43 0.00 2.39
up Symphony Cons Durable 38.68 2.39 0.00 2.39
equal Bandhan Bank Financial 11.41 2.59 0.00 2.39
equal V-Guard Industries Cons Durable 30.81 1.90 0.00 1.84
equal Endurance Technologies Automobile 14.29 1.87 0.00 1.82
new Abbott India Healthcare 54.32 1.79 0.00 1.79
equal Astral Poly Technik Chemicals 50.83 1.57 0.00 1.57

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:


1.11%

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

Growth: ₹ 9.0700

Dividend: ₹ 9.0700


Investment Strategy

The schemes seeks to generating capital appreciation by investing in equity and equity related securities as well as generating income by investing in debt and money market securities, while attempting to manage risk from the market through active asset allocation.

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: -9.30%
Benchmark: NIFTY 50 Hybrid Composite Debt 65:35
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 253 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