Axis Retirement Savings Fund - Conservative Plan Direct Growth
Axis Retirement Savings Fund - Conservative Plan Direct Growth

Axis Retirement Savings Fund - Conservative Plan Direct Growth

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Hybrid
Direct
Retirement

NAV: ₹ 12.8 as on 07-02-2023

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 1000 in mutual fund in the last three months

Fund Insights

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In the last 1 year, HDFC Retirement Savings Fund - Equity Plan - Direct Plan has given 10.59% return, outperforming this fund by 12.12%

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In the last 3 years, HDFC Retirement Savings Fund - Equity Plan - Direct Plan has given 22.87% return, outperforming this fund by 15.38% per annum

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This fund has one of the lowest expense ratio in the category (retirement). Its expense ratio is 0.42% which is lower than the category average expense ratio of 1.51%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
This Fund
0.1%
-0.7%
-0.5%
-1.5%
7.5%
Benchmark
-
-
-
-
-
About the Fund

Axis Retirement Savings Fund - Conservative Plan Direct Growth is a hybrid fund. This fund was started on  20 December, 2019. The fund is managed by Jinesh Gopani, R Sivakumar, Vinayak Jayanath. This fund gives you the benefit of diversification.

Key parameters

1) Axis Retirement Savings Fund - Conservative Plan Direct Growth has a NAV of 12.8392 as on 07-02-2023.

2) Axis Retirement Savings Fund - Conservative Plan Direct Growth has 85 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.42 %.

Fund Overview

Expense ratio
Expense ratio
0.42%
Benchmark
Benchmark
NIFTY 50 Hybrid Shrt Dur Dbt 25:75
AUM
AUM
₹85 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
113.8%

Fund Distribution as on (31-Dec-22)

  • Equity 36.2%
  • Debt & Cash 63.8%

Sector Allocation

Dec'22

Nov'22

Oct'22

Consumer Cyclical

26.6%

Basic Materials

22.5%

Tech

21.2%

Energy

16.2%

Consumer Defensive

10.8%

Financial Services

2.7%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings16
Debt Holdings7

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 0.7 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 87 Cr
Nov'22
₹ 87.7 Cr
Oct'22
₹ 90.2 Cr

Fund Returns vs Benchmark

Jan'23
2.75%
2.58%
Dec'22
-1.55%
-0.68%
Nov'22
1.61%
1.36%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
23
23
23
Top 5 Company Concentration
23.3%
23.5%
23.3%
Company having highest exposure
Asian Paints Ltd (7.2%)
Asian Paints Ltd (7.2%)
Asian Paints Ltd (6.9%)
No of Sectors
9
9
9
Top 5 Sectors Concentration
81.6%
81.5%
81.7%
Sector having highest exposure
Government (22.9%)
Government (22.8%)
Government (22.1%)

Fund Manager

Jinesh Gopani

Jinesh Gopani

Fund Manager of Axis Retirement Savings Fund - Conservative Plan Direct Growth, since 20 December 2019
R Sivakumar

R Sivakumar

Fund Manager of Axis Retirement Savings Fund - Conservative Plan Direct Growth, since 20 December 2019
Vinayak Jayanath

Vinayak Jayanath

Fund Manager of Axis Retirement Savings Fund - Conservative Plan Direct Growth, since 17 January 2023

AMC details

Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹2.47L Cr
as on 31-Dec-2022
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Email
customerservice@axismf.com

Fund Highlights

Risk meter
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High Risk

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

About the fund

This fund has delivered an average annual returns of 8.3% since inception which is more than its category average return of 8.05%
Fund Allocations

Fund Allocations

This fund has an allocation of 36.21% in Equity, 45.21% in Debt and 18.58% in Cash related instruments
AUM size ₹85 Cr

AUM size ₹85 Cr

This fund has AUM of ₹85 Cr which is less than its category average of ₹ 548 Cr
Expense Ratio 0.42%

Expense Ratio 0.42%

This fund has an expense ratio of 0.42% which is less than its category average expense ratio of 1.58%

Frequently Asked Questions

The current NAV of Axis Retirement Savings Fund - Conservative Plan Direct Growth is 12.84 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Axis Retirement Savings Fund - Conservative Plan Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.12%
0.12%
6 Month Returns
-0.47%
-0.47%
1 Year Returns
-1.53%
-1.53%
3 Years Returns
24.17%
7.48%
5 Years Returns
0%
0%
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0.42 as on January 2023
85 Cr as on January 2023
Asian Paints Ltd(7.19%),Maruti Suzuki India Ltd(5.98%),Reliance Industries Ltd(5.86%),Infosys Ltd(2.22%),Bajaj Auto Ltd(2.09%) as on January 2023
Government(22.89%),Corporate(21.54%),Cash Equivalent(19.48%) as on January 2023
AAA
100
Jinesh Gopani,R Sivakumar,Vinayak Jayanath are the fund managers of Axis Retirement Savings Fund - Conservative Plan Direct Growth
The Exit load of Axis Retirement Savings Fund - Conservative Plan Direct Growth is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.