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Unrated

Axis Retirement Savings Fund - Dynamic Plan - Regular Plan


Hybrid: Multi Asset Allocation

Suitability:

Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.

We don’t think highly of gold or other commodities as an investment. Read this article to know why. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.

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 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 -1.80 0.51 1.24 0.31 5.59 -4.10 -- -- -- -- --
VR Balanced TRI -5.22 0.75 0.79 3.63 17.45 -5.19 -- -- -- -- --
Hybrid: Multi Asset Allocation 1.46 0.57 1.85 5.00 14.25 -0.23 -- -- -- -- --
Rank within category 13 9 10 16 16 13 -- -- -- -- --
Number of funds in category 15 16 16 16 16 15 14 10 10 7 1

As on 06-Aug-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 - Dynamic Plan - Regular Plan
Unrated
Dec-19 -- -- -- 2.35 240
ICICI Prudential Multi Asset Fund  | Invest Now
Unrated
Oct-02 2.25 3.11 7.16 1.76 10,484
UTI Multi Asset Fund - Regular Plan  | Invest Online
Unrated
Nov-08 9.36 3.93 4.86 2.41 637

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.90 (23-Mar-2020 - 30-Mar-2020) -8.86 (11-Mar-2020 - 18-Mar-2020)
Month 7.81 (23-Mar-2020 - 22-Apr-2020) -16.70 (20-Feb-2020 - 23-Mar-2020)
Quarter 12.37 (24-Mar-2020 - 23-Jun-2020) -11.83 (17-Feb-2020 - 18-May-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 6.33 17.40 0.06 0.07 -- --
Hybrid: Multi Asset Allocation* 4.83 13.14 -0.02 0.00 0.65 -1.11
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-Jul-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 20
Top 10 Holdings (%) 51.03
Top 5 Holdings (%) 31.52
Top 3 Sectors (%) 42.15
Portfolio P/B Ratio 5.09
Portfolio P/E Ratio 31.42

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 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 8.29 8.29
equal 8.85% REC 16/04/2029 Non Convertible Debenture AAA 0.00 - 2.39 2.31
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 2.42 2.31
equal 7.48% IRFC 13/08/2029 Non Convertible Debenture AAA 0.00 - 2.26 2.21
equal 7.70% Nat. Highways Authority 13/09/2029 Non Convertible Debenture AAA 0.00 - 2.28 2.20
equal 7.84% Bank of Baroda 15/01/2035 Debenture AAA 0.00 - 2.26 2.19
equal 7.60% LIC Housing Fin. 22/11/2022 Debenture AAA 0.00 - 2.22 2.18
equal 6.83% GOI 19/01/2039 Central Government Loan SOV 0.00 - 2.24 2.17
equal 7.75% Bank of Baroda 2034 Debenture AAA 0.00 - 2.24 2.17
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 4.24 1.38

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 Bajaj Finance Financial 41.52 7.96 0.00 7.96
equal Nestle India FMCG 77.68 7.00 0.00 6.64
equal Torrent Power Energy 12.73 4.64 0.00 4.44
equal Avenue Supermarts Services 136.10 4.36 0.00 4.19
equal Kotak Mahindra Bank Financial 31.19 4.62 0.00 4.10
equal Hindustan Unilever FMCG 75.78 4.49 0.00 4.04
equal Tata Consultancy Services Technology 27.59 3.96 0.00 3.96
equal Pidilite Industries Chemicals 62.67 4.28 0.00 3.81
equal Info Edge (India) Services -- 3.61 0.00 3.60
equal HDFC Bank Financial 20.14 3.68 0.00 3.52
equal Sundaram Finance Financial 18.41 3.03 0.00 2.94
equal ICICI Bank Financial 22.79 3.67 0.00 2.74
equal TTK Prestige Cons Durable 41.43 2.72 0.00 2.72
equal Maruti Suzuki India Automobile 50.03 2.43 0.00 2.35
equal Bandhan Bank Financial 17.87 2.59 0.00 2.10
equal Abbott India Healthcare 58.02 2.16 0.00 1.90
equal Symphony Cons Durable 32.59 2.39 0.00 1.74
equal Endurance Technologies Automobile 23.79 1.87 0.00 1.71
equal V-Guard Industries Cons Durable 51.05 1.90 0.00 1.63
equal Astral Poly Technik Chemicals 71.60 1.57 0.00 1.39

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-Jun-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:


0.51%

Change from previous, NAV as on 06-Aug-2020

Growth: ₹ 9.8300

Dividend: ₹ 9.8300


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 (₹) 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: -1.70%
Benchmark: NIFTY 50 Hybrid Composite Debt 65:35
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 240 Cr (As on 30-Jun-2020)
Expense: 2.35% (As on 30-Jun-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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