VR Logo

Unrated

Axis Retirement Savings Fund - Conservative Plan - Regular Plan


Analyst's Choice?

Suitability:

When you invest for three years or above, you can expect gains that beat the inflation rate and are also slightly higher than fixed income options. But be prepared for some ups and downs in your investment value along the way.

Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds and commodities. Given their underlying investments, these funds offer a viable alternative to regular income seekers. To derive dependable, inflation-protected income, 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% of the value of your investment every year.

Warning: Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than three 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 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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -6.24 -1.69 -1.90 -8.35 -6.25 -- -- -- -- -- --
VR MIP TRI -8.16 0.95 3.06 -6.83 -8.16 -- -- -- -- -- --
Hybrid: Conservative Hybrid -7.98 -1.18 -1.17 -8.19 -8.27 -- -- -- -- -- --
Rank within category 17 35 37 29 16 -- -- -- -- -- --
Number of funds in category 39 39 39 39 39 38 38 36 33 30 27

As on 03-Apr-2020

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 3.42 (14-Jan-2020 - 13-Feb-2020) -12.76 (20-Feb-2020 - 23-Mar-2020)
Quarter -4.40 (27-Dec-2019 - 27-Mar-2020) -6.25 (03-Jan-2020 - 03-Apr-2020)
Year -- ( - ) -- ( - )

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR MIP TRI* 4.76 5.99 -0.13 -0.13 -- --
Hybrid: Conservative Hybrid* 2.67 6.15 -0.42 -0.37 0.87 -2.20
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-Mar-2020

Asset Allocation (%)

ajax-loader
Please wait...

Concentration & Valuation

Number of Stocks 17
Number of Bonds 8
Average Maturity (yrs) * --
Top 10 Holdings (%) 71.46
Portfolio P/B Ratio 5.40
Portfolio P/E Ratio 29.49

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 8.85% Power Finance Corp. 25/05/2029 Bonds/NCDs AAA 0.00 - 10.15 10.15
equal 8.85% REC 16/04/2029 Non Convertible Debenture AAA 0.00 - 10.12 10.12
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 10.04 10.04
equal 7.70% Nat. Highways Authority 13/09/2029 Non Convertible Debenture AAA 0.00 - 9.67 9.67
equal 7.48% IRFC 13/08/2029 Non Convertible Debenture AAA 0.00 - 9.53 9.53
equal 7.84% Bank of Baroda 15/01/2035 Debenture AAA 0.00 - 9.53 9.53
new 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture AAA 0.00 - 4.79 4.79

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

ajax-loader
Please wait...

Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Kotak Mahindra Bank Financial 24.98 2.73 0.00 2.73
equal Tata Consultancy Services Technology 19.15 2.55 0.00 2.55
equal Avenue Supermarts Services 110.69 2.35 0.00 2.35
equal Symphony Cons Durable 38.59 2.08 0.00 2.08
equal Pidilite Industries Chemicals 51.75 2.03 0.00 2.03
equal Nestle India FMCG 74.17 2.01 0.00 2.01
equal Bajaj Finance Financial 24.18 1.99 0.00 1.99
equal Torrent Power Energy 9.11 1.94 0.00 1.94
equal Info Edge (India) Services -- 1.90 0.00 1.89
equal TTK Prestige Cons Durable 27.98 1.83 0.00 1.83
equal Sundaram Finance Financial 10.88 1.79 0.00 1.79
equal HDFC Bank Financial 16.97 1.74 0.00 1.74
equal Maruti Suzuki India Automobile 19.60 1.63 0.00 1.61
equal Bandhan Bank Financial 9.57 1.52 0.00 1.41
equal Astral Poly Technik Chemicals 56.99 0.93 0.00 0.93
equal V-Guard Industries Cons Durable 30.43 0.89 0.00 0.87
equal Endurance Technologies Automobile 13.61 0.88 0.00 0.86

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:


-1.69%

Change from previous, NAV as on 03-Apr-2020

Growth: ₹ 9.3876

Dividend: ₹ 9.3870


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 (₹) 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: -6.12%
Benchmark: NIFTY 50 Hybrid Short Duration Debt 25:75
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 107 Cr (As on 29-Feb-2020)
Expense: 2.06% (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