Axis Retirement Savings Fund - Conservative Plan Direct Growth

Fund Overview

Fund Size

₹75 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 5 years and 2 days, having been launched on 20-Dec-19.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹16.79, Assets Under Management (AUM) of 74.56 Crores, and an expense ratio of 0.72%.

Axis Retirement Savings Fund - Conservative Plan Direct Growth has given a CAGR return of 10.92% since inception.
The fund's asset allocation comprises around 39.47% in equities, 56.21% in debts, and 4.32% 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

+14.72%

— (Cat Avg.)

3 Years

+8.99%

— (Cat Avg.)

5 Years

+10.92%

— (Cat Avg.)

Since Inception

+10.92%

— (Cat Avg.)

Portfolio Summaryas of 15th December 2024

Equity	₹29.43 Cr	39.47%
Debt	₹41.91 Cr	56.21%
Others	₹3.22 Cr	4.32%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
7.18% Govt Stock 2037	Bond - Gov't/Treasury	₹20.55 Cr	27.56%
7.25% Govt Stock 2063	Bond - Gov't/Treasury	₹6.71 Cr	9.00%
7.34% Govt Stock 2064	Bond - Gov't/Treasury	₹5.23 Cr	7.02%
7.3% Govt Stock 2053	Bond - Gov't/Treasury	₹5.21 Cr	6.99%
Power Finance Corporation Limited	Bond - Corporate Bond	₹4.21 Cr	5.65%
Reliance Industries Ltd	Equity	₹2.15 Cr	2.89%
Infosys Ltd	Equity	₹1.96 Cr	2.63%
Net Receivables / (Payables)	Cash - Collateral	₹1.93 Cr	2.59%
Mahindra & Mahindra Ltd	Equity	₹1.81 Cr	2.42%
Power Grid Corp Of India Ltd	Equity	₹1.78 Cr	2.39%
Apollo Hospitals Enterprise Ltd	Equity	₹1.75 Cr	2.34%
Sun Pharmaceuticals Industries Ltd	Equity	₹1.46 Cr	1.95%
Clearing Corporation Of India Ltd	Cash - Repurchase Agreement	₹1.29 Cr	1.73%
Hero MotoCorp Ltd	Equity	₹1.28 Cr	1.71%
Bharti Airtel Ltd	Equity	₹1.25 Cr	1.67%
HDFC Bank Ltd	Equity	₹1.15 Cr	1.54%
ITC Ltd	Equity	₹1.07 Cr	1.43%
Bank of Baroda	Equity	₹1.03 Cr	1.38%
J.B. Chemicals & Pharmaceuticals Ltd	Equity	₹1.03 Cr	1.38%
ICICI Bank Ltd	Equity	₹1.02 Cr	1.37%
HCL Technologies Ltd	Equity	₹0.98 Cr	1.32%
Life Insurance Corporation of India	Equity	₹0.92 Cr	1.23%
State Bank of India	Equity	₹0.88 Cr	1.18%
Tata Consultancy Services Ltd	Equity	₹0.86 Cr	1.15%
Sundaram Finance Ltd	Equity	₹0.8 Cr	1.07%
Indus Infra Trust Unit	Equity	₹0.75 Cr	1.01%
Bajaj Finance Ltd	Equity	₹0.72 Cr	0.96%
Varun Beverages Ltd	Equity	₹0.63 Cr	0.84%
Tech Mahindra Ltd	Equity	₹0.56 Cr	0.74%
Bajaj Auto Ltd	Equity	₹0.45 Cr	0.60%
Mankind Pharma Ltd	Equity	₹0.45 Cr	0.60%
Larsen & Toubro Ltd	Equity	₹0.37 Cr	0.50%
Coromandel International Ltd	Equity	₹0.37 Cr	0.49%
Hindustan Unilever Ltd	Equity	₹0.34 Cr	0.45%
Cipla Ltd	Equity	₹0.33 Cr	0.45%
Kotak Mahindra Bank Ltd	Equity	₹0.3 Cr	0.40%
Britannia Industries Ltd	Equity	₹0.29 Cr	0.40%
Bharat Petroleum Corp Ltd	Equity	₹0.29 Cr	0.39%
HDFC Life Insurance Co Ltd	Equity	₹0.24 Cr	0.33%
Nestle India Ltd	Equity	₹0.17 Cr	0.23%

Allocation By Market Cap (Equity)

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹7.81 Cr	10.48%
Healthcare	₹5.01 Cr	6.72%
Technology	₹4.36 Cr	5.84%
Consumer Cyclical	₹3.53 Cr	4.74%
Consumer Defensive	₹2.5 Cr	3.35%
Energy	₹2.44 Cr	3.28%
Utilities	₹1.78 Cr	2.39%
Communication Services	₹1.25 Cr	1.67%
Industrials	₹0.37 Cr	0.50%
Basic Materials	₹0.37 Cr	0.49%

Risk & Performance Ratios

Fund Managers

Devang Shah

Since April 2024

Hardik Shah

Since April 2024

Jayesh Sundar

Since January 2024

Krishnaa N

Since March 2024

Additional Scheme Detailsas of 15th December 2024

ISIN

INF846K01T69

Expense Ratio

0.72%

Exit Load

No Charges

Fund Size

₹75 Cr

Age

5 years

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%	₹2176.80 Cr	22.7%
Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk	2.2%	1.0%	₹176.48 Cr	11.1%
Tata Retirement Savings Progressive Fund Regular Growth Very High Risk	2.0%	1.0%	₹2108.21 Cr	25.8%
Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk	2.2%	0.0%	₹921.99 Cr	22.2%
Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk	0.7%	0.0%	₹74.56 Cr	14.7%
Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk	0.9%	0.0%	₹921.99 Cr	23.8%
Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk	2.4%	0.0%	₹387.54 Cr	27.3%
Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk	1.1%	0.0%	₹387.54 Cr	29.0%
Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk	2.1%	0.0%	₹74.56 Cr	13.2%
Franklin India Pension Plan Regular Growth Moderately High risk	2.3%	3.0%	₹524.09 Cr	13.7%

About the AMC

Axis Mutual Fund

+91 22 43255161

https://www.axismf.com/

Total AUM

₹3,16,718 Cr

Address

Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025

Other Funds by Axis Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Fixed Term Plan Series 120 (91 Days) Direct Growth Moderate Risk	-	0.0%	-	-
Axis US Treasury Dynamic Bond ETF Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹64.72 Cr	-
Axis India Manufacturing Fund Direct Growth Very High Risk	0.4%	1.0%	₹6039.84 Cr	-
Axis Fixed Term Plan Series 118 100 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 113 1228 Days Direct Growth Low to Moderate Risk	-	0.0%	-	7.8%
Axis Fixed Term Plan Series 110 1553 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 105 1128 Days Direct Growth Moderate Risk	-	0.0%	-	-
Axis Fixed Term Plan Series 112 1143 Days Direct Growth Low to Moderate Risk	-	0.0%	-	7.7%
Axis Nifty SDL September 2026 Debt Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹75.54 Cr	8.2%
Axis Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹12964.37 Cr	7.8%
Axis Global Equity Alpha Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹833.59 Cr	21.0%
Axis Nifty Smallcap 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹457.49 Cr	32.4%
Axis Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12854.88 Cr	26.9%
Axis Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹17113.47 Cr	7.9%
Axis Equity Hybrid Fund Direct Growth Very High Risk	1.1%	1.0%	₹1615.65 Cr	18.6%
Axis Special Situations Fund Direct Growth Very High Risk	1.3%	1.0%	₹1233.51 Cr	32.8%
Axis Corporate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹6083.48 Cr	8.7%
Axis ESG Equity Fund Direct Growth Very High Risk	1.3%	1.0%	₹1334.37 Cr	20.4%
Axis Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹5591.95 Cr	8.3%
Axis Greater China Equity Fund of Fund Direct Growth Very High Risk	0.5%	1.0%	₹323.64 Cr	12.8%
Axis Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹785.25 Cr	33.3%
Axis All Seasons Debt Fund of Funds Direct Growth Moderate Risk	0.2%	0.0%	₹138.42 Cr	8.8%
Axis Gilt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1016.50 Cr	10.2%
Axis Bluechip Fund Direct Growth Very High Risk	0.7%	1.0%	₹33547.36 Cr	17.4%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1495.62 Cr	8.7%
Axis Gold Fund Direct Growth High Risk	0.2%	1.0%	₹696.01 Cr	20.1%
Axis Focused 25 Fund Direct Growth Very High Risk	0.8%	1.0%	₹13289.37 Cr	19.3%
Axis Regular Saver Fund Direct Growth Very High Risk	1.0%	1.0%	₹297.87 Cr	9.5%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.5%	1.0%	₹1979.18 Cr	9.3%
Axis Long Term Equity Fund Direct Growth Very High Risk	0.8%	0.0%	₹36373.17 Cr	21.5%
Axis Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹9161.75 Cr	8.5%
Axis Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹34674.32 Cr	7.5%
Axis Multi Asset Allocation Fund Direct Growth Very High Risk	1.0%	1.0%	₹1281.69 Cr	19.1%
Axis Midcap Fund Direct Growth Very High Risk	0.5%	1.0%	₹30329.59 Cr	34.9%
Axis Treasury Advantage Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6577.09 Cr	8.0%
Axis Equity Saver Fund Direct Growth Moderately High risk	1.0%	1.0%	₹1014.59 Cr	13.5%
Axis Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹2599.22 Cr	21.0%
Axis Nifty Midcap 50 Index Fund Direct Growth Low Risk	0.3%	0.0%	₹413.12 Cr	26.4%
Axis Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹140.01 Cr	27.9%
Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹32.01 Cr	8.1%
Axis Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹415.73 Cr	8.8%
Axis Ultra Short Term Fund Direct Growth Moderate Risk	0.4%	0.0%	₹6050.14 Cr	7.9%
Axis Multicap Fund Direct Growth Very High Risk	0.7%	1.0%	₹6807.34 Cr	36.9%
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹71.82 Cr	8.3%
Axis Nifty AAA Bond Plus SDL Apirl 2026 50:50 ETF Fund Of Funds Direct Growth Low to Moderate Risk	0.1%	0.0%	₹276.08 Cr	6.7%
Axis Silver Fund of Funds Direct Growth Very High Risk	0.2%	0.0%	₹63.85 Cr	14.7%
Axis Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹303.16 Cr	35.2%
Axis CRISIL IBX 70:30 CPSE Plus SDL April 2025 Index Fund Direct Growth Low Risk	0.2%	0.0%	₹506.13 Cr	7.6%
Axis Long Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹510.21 Cr	11.0%
Axis Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹575.83 Cr	12.6%

Risk Level

Your principal amount will be at High Risk

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Still got questions?
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 20-Dec-2024, is ₹16.79.

What are the returns of Axis Retirement Savings Fund - Conservative Plan Direct Growth?

The fund has generated 14.72% over the last 1 year and 8.99% 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 39.47% in equities, 56.21% in bonds, and 4.32% 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
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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Axis Retirement Savings Fund - Conservative Plan Direct Growth

Fund Overview