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Axis Retirement Savings Fund - Conservative Plan Direct Growth
HybridRetirementHigh Risk
Direct
NAV (21-Nov-24)
₹16.63-0.16%1D
Returns (Since Inception)
10.89%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹74 Cr
Expense Ratio
0.72%
ISIN
INF846K01T69
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
20 Dec 2019
About this fund
Axis Retirement Savings Fund - Conservative Plan Direct Growth is a Retirement mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 4 years, 11 months and 2 days, having been launched on 20-Dec-19.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹16.63, Assets Under Management (AUM) of 73.62 Crores, and an expense ratio of 0.72%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹16.63, Assets Under Management (AUM) of 73.62 Crores, and an expense ratio of 0.72%.
- Axis Retirement Savings Fund - Conservative Plan Direct Growth has given a CAGR return of 10.89% since inception.
- The fund's asset allocation comprises around 37.09% in equities, 56.61% in debts, and 6.30% in cash & cash equivalents.
- You can start investing in Axis Retirement Savings Fund - Conservative Plan Direct 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
+16.40%
— (Cat Avg.)
3 Years
+8.17%
— (Cat Avg.)
Since Inception
+10.89%
— (Cat Avg.)
Portfolio Summaryas of 15th November 2024
| Equity | ₹27.3 Cr | 37.09% |
| Debt | ₹41.68 Cr | 56.61% |
| Others | ₹4.64 Cr | 6.30% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹20.42 Cr | 27.74% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹6.68 Cr | 9.08% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹5.19 Cr | 7.05% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹5.17 Cr | 7.02% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹4.22 Cr | 5.73% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹3.48 Cr | 4.73% |
| Reliance Industries Ltd | Equity | ₹2.14 Cr | 2.91% |
| Infosys Ltd | Equity | ₹1.83 Cr | 2.48% |
| Power Grid Corp Of India Ltd | Equity | ₹1.66 Cr | 2.26% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹1.65 Cr | 2.24% |
| Mahindra & Mahindra Ltd | Equity | ₹1.65 Cr | 2.23% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.42 Cr | 1.93% |
| Hero MotoCorp Ltd | Equity | ₹1.29 Cr | 1.75% |
| Net Receivables / (Payables) | Cash - Collateral | ₹1.16 Cr | 1.57% |
| Bharti Airtel Ltd | Equity | ₹1.15 Cr | 1.56% |
| ITC Ltd | Equity | ₹1.06 Cr | 1.44% |
| HDFC Bank Ltd | Equity | ₹1.04 Cr | 1.41% |
| Bank of Baroda | Equity | ₹0.96 Cr | 1.31% |
| ICICI Bank Ltd | Equity | ₹0.95 Cr | 1.29% |
| J.B. Chemicals & Pharmaceuticals Ltd | Equity | ₹0.94 Cr | 1.27% |
| HCL Technologies Ltd | Equity | ₹0.93 Cr | 1.26% |
| Life Insurance Corporation of India | Equity | ₹0.9 Cr | 1.22% |
| State Bank of India | Equity | ₹0.82 Cr | 1.12% |
| Tata Consultancy Services Ltd | Equity | ₹0.8 Cr | 1.08% |
| Sundaram Finance Ltd | Equity | ₹0.79 Cr | 1.07% |
| Bharat Highways InvIT Unit | Equity | ₹0.75 Cr | 1.02% |
| Bajaj Finance Ltd | Equity | ₹0.65 Cr | 0.89% |
| Varun Beverages Ltd | Equity | ₹0.56 Cr | 0.76% |
| Tech Mahindra Ltd | Equity | ₹0.52 Cr | 0.71% |
| Bajaj Auto Ltd | Equity | ₹0.47 Cr | 0.64% |
| Mankind Pharma Ltd | Equity | ₹0.44 Cr | 0.60% |
| Coromandel International Ltd | Equity | ₹0.35 Cr | 0.48% |
| Hindustan Unilever Ltd | Equity | ₹0.34 Cr | 0.46% |
| Britannia Industries Ltd | Equity | ₹0.3 Cr | 0.41% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.29 Cr | 0.39% |
| Larsen & Toubro Ltd | Equity | ₹0.27 Cr | 0.37% |
| Nestle India Ltd | Equity | ₹0.24 Cr | 0.33% |
| Bharat Petroleum Corp Ltd | Equity | ₹0.14 Cr | 0.19% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹7.16 Cr | 9.72% |
| Healthcare | ₹4.45 Cr | 6.04% |
| Technology | ₹4.07 Cr | 5.53% |
| Consumer Cyclical | ₹3.41 Cr | 4.62% |
| Consumer Defensive | ₹2.49 Cr | 3.39% |
| Energy | ₹2.29 Cr | 3.10% |
| Utilities | ₹1.66 Cr | 2.26% |
| Communication Services | ₹1.15 Cr | 1.56% |
| Basic Materials | ₹0.35 Cr | 0.48% |
| Industrials | ₹0.27 Cr | 0.37% |
Risk & Performance Ratios
Standard Deviation
This fund
5.91%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.49
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
KN
Krishnaa N
Since March 2024
Additional Scheme Detailsas of 15th November 2024
ISIN INF846K01T69 | Expense Ratio 0.72% | Exit Load No Charges | Fund Size ₹74 Cr | Age 4 years 11 months | 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
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only 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% | ₹2161.97 Cr | 21.4% |
| Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk | 2.2% | 1.0% | ₹174.39 Cr | 11.1% |
| Tata Retirement Savings Progressive Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2088.63 Cr | 23.4% |
| Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk | 2.2% | 0.0% | ₹922.37 Cr | 25.4% |
| Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk | 0.7% | 0.0% | ₹73.62 Cr | 16.4% |
| Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk | 0.9% | 0.0% | ₹922.37 Cr | 27.0% |
| Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk | 2.4% | 0.0% | ₹385.46 Cr | 30.4% |
| Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk | 1.1% | 0.0% | ₹385.46 Cr | 32.1% |
| Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk | 2.1% | 0.0% | ₹73.62 Cr | 14.8% |
| Franklin India Pension Plan Regular Growth Moderately High risk | 2.3% | 3.0% | ₹511.17 Cr | 15.7% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,29,913 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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We're here to help.
What is the current NAV of Axis Retirement Savings Fund - Conservative Plan Direct Growth?
The NAV of Axis Retirement Savings Fund - Conservative Plan Direct Growth, as of 21-Nov-2024, is ₹16.63.
What are the returns of Axis Retirement Savings Fund - Conservative Plan Direct Growth?
The fund has generated 16.40% over the last 1 year and 8.17% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Retirement Savings Fund - Conservative Plan Direct Growth?
The fund's allocation of assets is distributed as 37.09% in equities, 56.61% in bonds, and 6.30% in cash and cash equivalents.
Who manages the Axis Retirement Savings Fund - Conservative Plan Direct Growth?
The fund managers responsible for Axis Retirement Savings Fund - Conservative Plan Direct Growth are:-
- Devang Shah
- Nitin Arora
- Hardik Shah
- Jayesh Sundar
- Krishnaa N
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.