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Unrated

Axis Retirement Savings Fund - Dynamic Plan - Direct Plan


1 Lakh

Investment Grown to
₹ 1.29 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.38 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that 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.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

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 balanced hybrid fund, if you need to redeem your investment in less than five 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.

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 20.58 -1.36 -3.66 -2.16 4.18 13.85 29.08 -- -- -- --
VR Balanced TRI 20.19 -2.54 -3.62 -5.85 2.48 11.43 28.09 -- -- -- --
Hybrid: Dynamic Asset Allocation 15.61 -1.09 -1.59 -1.75 2.98 8.30 20.25 -- -- -- --
Rank within category 4 24 29 21 4 2 3 -- -- -- --
Number of funds in category 25 29 29 27 26 26 25 18 12 10 0

As on 26-Nov-2021

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 - Direct Plan
Unrated
Dec-19 29.08 -- -- 0.53% 306
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 19.66 13.75 12.48 1.00% 36,816
Kotak Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Aug-18 17.61 14.54 -- 0.45% 11,813
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 25.45 18.14 15.56 0.45% 6,331
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 18.65 13.83 11.80 0.61% 6,124

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.64 29-Jan-2021 - 05-Feb-2021 -8.92 11-Mar-2020 - 18-Mar-2020
Month 10.30 23-Oct-2020 - 24-Nov-2020 -16.63 20-Feb-2020 - 23-Mar-2020
Quarter 22.08 24-Sep-2020 - 24-Dec-2020 -11.41 17-Feb-2020 - 18-May-2020
Year 52.22 24-Sep-2020 - 24-Sep-2021 13.71 30-Jan-2020 - 29-Jan-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Balanced TRI* 18.85 17.75 0.84 0.97 -- --
Hybrid: Dynamic Asset Allocation* 13.34 12.28 0.77 0.83 0.63 0.04
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-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 19
Top 10 Holdings (%) 61.71
Top 5 Holdings (%) 38.55
Top 3 Sectors (%) 51.19
Portfolio P/B Ratio 7.30
Portfolio P/E Ratio 46.37
Avg Credit Rating CASH

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 7.84% Bank of Baroda Additional Tier 2 Bond AAA 1.69 - 2.20 1.69
equal 7.75% Bank of Baroda Additional Tier 2 Bond AAA 1.68 - 2.19 1.68
equal Others CBLO -- - 9.24

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 Bajaj Finance Financial 82.53 13.00 0.00 9.73
equal Pidilite Industries Chemicals 84.46 11.08 0.00 9.47
equal TTK Prestige Consumer Durable 45.66 8.35 0.00 8.35
equal Avenue Supermarts Services 222.46 5.85 0.00 5.85
equal Torrent Power Energy 20.00 5.30 0.00 5.15
equal Nestle India FMCG 82.63 7.00 0.00 5.12
equal ICICI Bank Financial 23.61 4.90 0.00 4.90
down Info Edge (India) Services 8.88 10.24 0.00 4.83
equal Kotak Mahindra Bank Financial 38.99 5.41 0.00 4.27
equal Tata Consultancy Services Technology 34.84 5.13 0.00 4.04
equal Sundaram Finance Financial 22.80 5.06 0.00 3.80
equal HDFC Bank Financial 24.13 4.48 0.00 3.64
equal Hindustan Unilever FMCG 65.30 4.49 0.00 3.09
equal Astral Chemicals 83.91 3.19 0.00 3.02
equal Endurance Technologies Automobile 38.82 2.95 0.00 2.80
equal Maruti Suzuki India Automobile 51.58 2.89 0.00 2.36
equal V-Guard Industries Consumer Durable 43.86 2.42 0.00 1.94
equal Abbott India Healthcare 57.98 2.16 0.00 1.90
equal Symphony Consumer Durable 55.67 2.39 0.00 1.61

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 31-Oct-2021

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:


-1.36%

Change from previous, NAV as on 26-Nov-2021

Growth: ₹ 14.4700

IDCW: ₹ 14.3400


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
Lock-in Period 5 Years
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 20-Dec-2019
Return Since Launch: 21.02%
Benchmark: NIFTY 50 Hybrid Composite Debt 65:35
Riskometer: Very High
Type: Open-ended
Assets: ₹ 306 Cr (As on 31-Oct-2021)
Expense: 0.53% (As on 31-Oct-2021)
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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