Axis Retirement Savings Fund - Conservative Plan Regular Growth
HybridRetirementHigh Risk
Regular
NAV (25-Jul-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹75 Cr
Expense Ratio
2.13%
ISIN
INF846K01T85
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
20 Dec 2019
About this fund
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹15.32, Assets Under Management (AUM) of 74.96 Crores, and an expense ratio of 2.13%.
- Axis Retirement Savings Fund - Conservative Plan Regular Growth has given a CAGR return of 9.73% since inception.
- The fund's asset allocation comprises around 40.78% in equities, 55.13% in debts, and 4.09% in cash & cash equivalents.
- You can start investing in Axis Retirement Savings Fund - Conservative Plan Regular Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+17.80%
— (Cat Avg.)
3 Years
+8.03%
— (Cat Avg.)
Since Inception
+9.73%
— (Cat Avg.)
Portfolio Summaryas of 15th July 2024
| Equity | ₹30.57 Cr | 40.78% |
| Debt | ₹41.33 Cr | 55.13% |
| Others | ₹3.07 Cr | 4.09% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹20.23 Cr | 27.16% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹6.63 Cr | 8.90% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹5.15 Cr | 6.91% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.07 Cr | 6.81% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹4.2 Cr | 5.63% |
| Reliance Industries Ltd | Equity | ₹3.13 Cr | 4.20% |
| Net Receivables / (Payables) | Cash | ₹2.08 Cr | 2.79% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.98 Cr | 2.65% |
| Tata Consultancy Services Ltd | Equity | ₹1.86 Cr | 2.49% |
| Power Grid Corp Of India Ltd | Equity | ₹1.77 Cr | 2.37% |
| Mahindra & Mahindra Ltd | Equity | ₹1.68 Cr | 2.26% |
| Hero MotoCorp Ltd | Equity | ₹1.56 Cr | 2.09% |
| Infosys Ltd | Equity | ₹1.54 Cr | 2.06% |
| Tech Mahindra Ltd | Equity | ₹1.5 Cr | 2.01% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹1.49 Cr | 2.00% |
| Nestle India Ltd | Equity | ₹1.14 Cr | 1.52% |
| Sundaram Finance Ltd | Equity | ₹1.13 Cr | 1.52% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹1.12 Cr | 1.50% |
| Bank of Baroda | Equity | ₹1.1 Cr | 1.47% |
| Bharti Airtel Ltd | Equity | ₹1.07 Cr | 1.44% |
| Life Insurance Corporation of India | Equity | ₹0.98 Cr | 1.31% |
| ITC Ltd | Equity | ₹0.96 Cr | 1.29% |
| Bajaj Auto Ltd | Equity | ₹0.92 Cr | 1.23% |
| HDFC Bank Ltd | Equity | ₹0.74 Cr | 1.00% |
| HCL Technologies Ltd | Equity | ₹0.73 Cr | 0.98% |
| Bajaj Finance Ltd | Equity | ₹0.71 Cr | 0.95% |
| Bharat Highways InvIT Unit | Equity | ₹0.7 Cr | 0.93% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹0.68 Cr | 0.91% |
| Varun Beverages Ltd | Equity | ₹0.64 Cr | 0.85% |
| Mankind Pharma Ltd | Equity | ₹0.59 Cr | 0.79% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.58 Cr | 0.78% |
| Hindustan Unilever Ltd | Equity | ₹0.35 Cr | 0.47% |
| Coromandel International Ltd | Equity | ₹0.33 Cr | 0.44% |
| Avenue Supermarts Ltd | Equity | ₹0.18 Cr | 0.24% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹5.94 Cr | 7.97% |
| Technology | ₹5.62 Cr | 7.54% |
| Healthcare | ₹5.17 Cr | 6.94% |
| Consumer Cyclical | ₹4.16 Cr | 5.58% |
| Consumer Defensive | ₹3.26 Cr | 4.38% |
| Energy | ₹3.13 Cr | 4.20% |
| Utilities | ₹1.77 Cr | 2.37% |
| Communication Services | ₹1.07 Cr | 1.44% |
| Basic Materials | ₹0.33 Cr | 0.44% |
Risk & Performance Ratios
Standard Deviation
This fund
5.57%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.39
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Devang Shah
Since April 2024
Nitin Arora
Since May 2023
Hardik Shah
Since April 2024
Jayesh Sundar
Since January 2024
Krishnaa N
Since March 2024
Additional Scheme Detailsas of 15th July 2024
ISIN | INF846K01T85 | Expense Ratio | 2.13% | Exit Load | No Charges | Fund Size | ₹75 Cr | Age | 20 Dec 2019 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Hybrid 75+25 - ConservativeTR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Retirement Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Retirement Savings Moderate Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2107.27 Cr | 31.1% |
| Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk | 2.2% | 1.0% | ₹174.60 Cr | 14.1% |
| Tata Retirement Savings Progressive Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2002.53 Cr | 37.2% |
| Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk | 2.2% | 0.0% | ₹894.08 Cr | 31.7% |
| Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk | 0.7% | 0.0% | ₹74.96 Cr | 19.4% |
| Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk | 0.9% | 0.0% | ₹894.08 Cr | 33.5% |
| Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk | 2.4% | 0.0% | ₹366.98 Cr | 33.9% |
| Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk | 1.0% | 0.0% | ₹366.98 Cr | 35.8% |
| Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk | 2.1% | 0.0% | ₹74.96 Cr | 17.8% |
| Franklin India Pension Plan Regular Growth Moderately High risk | 2.3% | 3.0% | ₹519.24 Cr | 18.9% |
About the AMC
Total AUM
₹2,86,505 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at High Risk
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- Devang Shah
- Nitin Arora
- Hardik Shah
- Jayesh Sundar
- Krishnaa N
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