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Unrated

Axis Retirement Savings Fund - Conservative Plan - Direct Plan


1 Lakh

Investment Grown to
₹ 1.15 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.29 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 11.82 -0.92 -1.30 -0.53 3.15 6.94 15.43 -- -- -- --
VR MIP TRI 10.02 -1.13 -1.62 -2.31 2.09 6.15 13.28 -- -- -- --
Hybrid: Conservative Hybrid 10.81 -0.55 -0.66 -0.42 2.71 6.14 13.29 -- -- -- --
Rank within category 10 33 34 16 10 11 10 -- -- -- --
Number of funds in category 32 35 35 35 35 34 32 29 29 27 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 - Conservative Plan - Direct Plan
Unrated
Dec-19 15.43 -- -- 0.39% 107
SBI Debt Hybrid Fund - Direct Plan  | Invest Online
4 star
Jan-13 17.49 12.95 9.05 0.58% 4,369
ICICI Prudential Regular Savings Fund - Direct Plan  | Invest Now
5 star
Jan-13 12.38 11.36 10.19 0.84% 3,384
Kotak Debt Hybrid Fund - Direct Plan  | Invest Online
5 star
Jan-13 17.64 14.61 10.63 0.48% 1,160
Canara Robeco Conservative Hybrid Fund - Direct Plan  | Invest Online
5 star
Jan-13 12.76 12.94 9.91 0.61% 959

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.83 24-Mar-2020 - 31-Mar-2020 -7.33 11-Mar-2020 - 18-Mar-2020
Month 7.75 24-Mar-2020 - 23-Apr-2020 -12.62 20-Feb-2020 - 23-Mar-2020
Quarter 12.07 15-Oct-2020 - 14-Jan-2021 -6.32 17-Feb-2020 - 18-May-2020
Year 29.78 23-Mar-2020 - 23-Mar-2021 13.54 24-Feb-2020 - 23-Feb-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR MIP TRI* 11.27 6.77 1.09 1.33 -- --
Hybrid: Conservative Hybrid* 9.76 6.30 1.08 1.23 0.68 0.84
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 25
Number of Bonds 9
Average Maturity (yrs) 7.32
Top 10 Holdings (%) 49.74
Portfolio P/B Ratio 5.18
Portfolio P/E Ratio 25.81

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
new Reserve Bank of India 91-D 02/12/2021 Treasury Bills SOV 0.00 - 9.30 9.30
equal 8.85% REC 16/04/2029 Non Convertible Debenture AAA 8.79 - 9.55 8.79
equal 7.84% Bank of Baroda Additional Tier 2 Bond AAA 7.25 - 8.00 7.25
equal GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 4.82 4.73
equal 6.76% GOI 22/02/2061 GOI Securities SOV 0.00 - 4.72 4.48
equal 8.85% Power Finance Corporation 25/05/2029 Bonds/NCDs AAA 4.15 - 9.59 4.15
equal 7.48% Indian Railway Finance Corporation 13/08/2029 Non Convertible Debenture AAA 1.95 - 2.13 1.95
new ICICI Securities Primary Dealership 26/10/2026 Interest Rate Swap -- 0.00 - -0.01 -0.01
equal Others CBLO -- - 19.60

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 Mphasis Technology 42.90 3.25 0.00 3.25
equal TTK Prestige Consumer Durable 45.66 3.05 0.00 3.05
equal Tech Mahindra Technology 29.02 2.38 0.00 2.38
equal ICICI Securities Financial 19.35 2.42 0.00 2.36
equal Larsen & Toubro Construction 28.52 2.39 0.00 2.22
equal Mahindra & Mahindra Automobile 25.69 2.06 0.00 2.06
equal HCL Technologies Technology 26.06 2.28 0.00 2.04
equal Colgate-Palmolive FMCG 37.26 2.20 0.00 1.90
equal Wipro Technology 28.10 1.90 0.00 1.89
equal Pfizer Healthcare 40.11 2.10 0.00 1.75
equal Bajaj Auto Automobile 14.86 2.48 0.00 1.74
equal Hindustan Zinc Metals 16.05 2.09 0.00 1.74
equal Petronet LNG Energy 11.02 1.86 0.00 1.60
equal Hero Motocorp Automobile 17.42 2.06 0.00 1.55
equal Zee Entertainment Services 28.37 2.24 0.00 1.49
equal Infosys Technology 34.03 1.52 0.00 1.46
equal Symphony Consumer Durable 55.67 2.08 0.00 1.05
equal Sanofi India Healthcare 19.39 1.00 0.00 0.91
equal Maruti Suzuki India Automobile 51.58 1.88 0.00 0.84
equal Sundaram Finance Financial 22.80 1.90 0.00 0.81
equal Indus Towers Communication 14.12 0.82 0.00 0.72
equal ITC FMCG 19.34 0.72 0.00 0.68
equal Coromandel International Chemicals 16.38 0.81 0.00 0.66
equal Tata Communications Communication 27.84 0.62 0.00 0.54
equal Avenue Supermarts Services 222.46 2.50 0.00 0.16

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:


-0.92%

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

Growth: ₹ 12.9698

IDCW: ₹ 12.8796


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
Lock-in Period 5 Years
Exit Load 0

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 20-Dec-2019
Return Since Launch: 14.37%
Benchmark: NIFTY 50 Hybrid Short Duration Debt 25:75
Riskometer: High
Type: Open-ended
Assets: ₹ 107 Cr (As on 31-Oct-2021)
Expense: 0.39% (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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