Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl

Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl

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Hybrid
Direct
Retirement
NAV: ₹ 18.34 as on 12-06-2024

About the Fund

Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl is a hybrid fund. This fund was started on 20 December, 2019. The fund is managed by R Sivakumar. This fund gives you the benefit of diversification.

Key Parameters

  1. Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl has ₹845 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 0.9.

Returns

Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl has given a CAGR return of 14.44% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 31.30% and 12.37% respectively.

Holdings

Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl has allocated its funds majorly in Government, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Cash Equivalent, Health, Energy, Utilities, Consumer Defensive, Communication, Real Estate.

Taxation

As it is a retirement mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl

The investment objective of the Investment Plan(s) under the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt and other instruments to help investors meet their retirement goals. However, there can be no assurance that the investment objective of the Scheme will be achieved. To generate capital appreciation by predominantly investing in equity and equity related instruments. The Investment Plan may also invest in debt and money market instruments, units of Gold ETF or units of REITs & InvITs for income generation / wealth creation.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. There is a lock in period for Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl of 5 Years

Fund Performance
zero opening, trading, fund transfer fee
7 people have invested ₹ 25K in Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.94%
Benchmark
Benchmark
CRISIL Hybrid 25+75-Aggressive TR INR
AUM
AUM
₹845 Cr
Inception Date
Inception Date
20 December, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
5 Years
TurnOver
TurnOver
10.02%

Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 79%

  • Debt & Cash 21%

Size breakup

Large cap
47.4%
Mid cap
19.8%
Small cap
11.7%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
23.7%
Tech
12%
Consumer Cyclical
10.7%
Industrial
10.3%
Basic Materials
10.2%
Health
7.8%
Energy
7.7%
Utilities
6.8%
Consumer Defensive
4.1%
Communication
3.5%
Real Estate
3.3%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 839.3 Cr
₹ 823.1 Cr
₹ 800 Cr
  • AUM of the fund stands at 839.3 Cr as of Apr'24
  • AUM increased by 16.2 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl as on (31-May-24)

  • Equity

  • Debt & Cash

Equity Holdings67
Debt Holdings9

Fund Manager

R Sivakumar
R Sivakumar
Fund Manager of Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl, since 20 December 2019

Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.44% since inception which is more than its category average return of 11.64%
Fund Allocations

Fund Allocations

This fund has an allocation of 78.98% in Equity, 19.34% in Debt and 1.68% in Cash related instruments
AUM size ₹845 Cr

AUM size ₹845 Cr

This fund has AUM of ₹845 Cr which is more than its category average of ₹ 714 Cr
Expense Ratio 0.94%

Expense Ratio 0.94%

This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.52%

Frequently Asked Questions

The current NAV of Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl is ₹18.34 as on 12-Jun-2024.
Existing (Absolute + CAGR) as on 12-Jun-2024.
Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.78%
5.78%
6 Month Returns
16.94%
16.94%
1 Year Returns
31.3%
31.3%
3 Years Returns
41.89%
12.37%
5 Years Returns
0%
0%
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0.94% as on May 2024
₹845 Cr as on May 2024
7.18% Govt Stock 2037(11.7%), Reliance Industries Ltd(4.88%), ICICI Bank Ltd(3.58%), HDFC Bank Ltd(3.43%), Torrent Power Ltd(2.64%) as on May 2024
Government(19.34%), Financial Services(18.42%), Industrial(10.19%) as on May 2024
AAA
100
R Sivakumar is the fund manager of Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl
The Exit load of Axis Retirement Savings Fund - Aggressive Plan Direct Pyt of Inc Dis cum Cap Wdrl is 0%