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Unrated

Axis Retirement Savings Fund - Conservative Plan - Regular Plan


1 Lakh

Investment Grown to
₹ 1.15 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.36 Lakh

Suitability:

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.

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 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 1.71 -0.46 -0.92 4.05 10.26 12.00 15.35 -- -- -- --
VR MIP TRI 1.64 -0.13 0.06 3.44 8.17 10.94 12.00 -- -- -- --
Hybrid: Conservative Hybrid 1.11 -0.17 -0.31 2.67 7.03 9.96 9.98 -- -- -- --
Rank within category 7 36 36 5 5 9 3 -- -- -- --
Number of funds in category 37 37 37 37 37 37 37 34 33 30 29

As on 21-Jan-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 - Conservative Plan - Regular Plan
Unrated
Dec-19 15.35 -- -- 2.06 102
ICICI Prudential Regular Savings Fund  | Invest Now
5 star
Mar-04 11.26 8.57 10.42 1.80 2,734
SBI Debt Hybrid Fund  | Invest Online
4 star
Mar-01 14.15 7.34 8.79 1.82 1,012
HDFC Hybrid Debt Fund  | Invest Online
3 star
Dec-03 10.45 6.00 8.95 1.90 2,442
UTI Regular Savings Fund - Regular Plan  | Invest Online
2 star
Dec-03 13.19 5.44 8.00 1.79 1,664

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.79 (24-Mar-2020 - 31-Mar-2020) -7.36 (11-Mar-2020 - 18-Mar-2020)
Month 7.59 (24-Mar-2020 - 23-Apr-2020) -12.76 (20-Feb-2020 - 23-Mar-2020)
Quarter 11.58 (15-Oct-2020 - 14-Jan-2021) -6.72 (17-Feb-2020 - 18-May-2020)
Year 16.59 (10-Jan-2020 - 11-Jan-2021) 13.51 (30-Dec-2019 - 29-Dec-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR MIP TRI* 8.59 6.92 0.55 0.65 -- --
Hybrid: Conservative Hybrid* 5.84 7.51 0.20 0.29 0.86 -2.22
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-Dec-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 24
Number of Bonds 9
Average Maturity (yrs) 14.40
Top 10 Holdings (%) 59.22
Portfolio P/B Ratio 3.71
Portfolio P/E Ratio 22.76

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 6.80% GOI 15/12/2060 GOI Securities SOV 0.00 - 10.22 10.22
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 8.66 - 10.15 9.42
equal 8.85% REC 16/04/2029 Non Convertible Debenture AAA 8.62 - 10.12 9.37
equal 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 22.95 9.31
equal 7.84% Bank of Baroda 15/01/2035 Debenture AAA 7.58 - 9.53 7.83
down 7.70% Nat. Highways Authority 13/09/2029 Non Convertible Debenture AAA 4.22 - 9.67 4.22
equal 7.48% IRFC 13/08/2029 Non Convertible Debenture AAA 2.00 - 9.53 2.09
equal 6.83% GOI 19/01/2039 Central Government Loan SOV 0.00 - 2.08 2.05
equal Others CBLO -- - 5.05

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 Adani Ports and Special Economic Zone Services 29.04 2.31 0.00 2.31
equal Zee Entertainment Services -- 2.22 0.00 2.22
equal Mphasis Technology 24.50 2.17 0.00 2.17
equal Larsen & Toubro Construction 16.93 2.15 0.00 2.15
equal TTK Prestige Cons Durable 61.06 2.13 0.00 2.09
equal Bajaj Auto Automobile 25.12 2.08 0.00 2.08
equal Exide Industries Engineering 27.36 2.06 0.00 2.06
equal Oracle Fin Ser Software Technology 18.04 2.01 0.00 2.01
equal ICICI Securities Financial 18.52 1.98 0.00 1.98
equal Amara Raja Batteries Engineering 29.41 1.97 0.00 1.97
equal Hero Motocorp Automobile 25.70 1.92 0.00 1.92
equal Petronet LNG Energy 14.92 1.82 0.00 1.82
equal HCL Technologies Technology 20.40 1.78 0.00 1.78
equal Mahindra & Mahindra Automobile -- 1.77 0.00 1.77
equal Symphony Cons Durable 66.81 2.08 0.00 1.77
equal Tech Mahindra Technology 24.38 1.65 0.00 1.65
equal Hindustan Zinc Metals 17.50 1.55 0.00 1.55
equal Rallis India Chemicals 25.03 1.36 0.00 1.36
equal Infosys Technology 30.69 1.16 0.00 1.16
equal Sun TV Network Services 15.81 0.82 0.00 0.82
equal ITC FMCG 19.18 0.67 0.00 0.67
equal Sundaram Finance Financial 20.50 1.90 0.00 0.65
equal Indus Towers Communication 23.00 0.64 0.00 0.64
equal Avenue Supermarts Services 184.07 2.50 0.00 0.10

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-Dec-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:


-0.46%

Change from previous, NAV as on 21-Jan-2021

Growth: ₹ 11.5826

Dividend: ₹ 11.5819


Investment Strategy

The schemes seeks to generate regular income through investments predominantly in debt and money market instruments and to generate long term capital appreciation by investing certain portion of the portfolio in equity and equity related securities.

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: 14.42%
Benchmark: NIFTY 50 Hybrid Short Duration Debt 25:75
Riskometer: High
Type: Open-ended
Assets: ₹ 102 Cr (As on 31-Dec-2020)
Expense: 2.06% (As on 31-Dec-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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