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

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

About the Fund

Axis Retirement Savings Fund - Conservative 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 - Conservative Plan Direct Pyt of Inc Dis cum Cap Wdrl has ₹74 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Axis Retirement Savings Fund - Conservative Plan Direct Pyt of Inc Dis cum Cap Wdrl has given a CAGR return of 11.19% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 18.40% and 9.67% respectively.

Holdings

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

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 - Conservative 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 regular income through investments predominantly in debt and money market instruments and to generate long term capital appreciation by investing certain portion of the portfolio in equity and equity related securities. The Investment Plan may also invest in 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 - Conservative Plan Direct Pyt of Inc Dis cum Cap Wdrl of 5 Years

Fund Performance

Fund Overview

Expense ratio0.69%
Benchmark
CRISIL Hybrid 75+25 - ConservativeTR INR
AUM₹74 Cr
Inception Date20 December, 2019
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock In5 Years
TurnOver
54%
Risk
Risk meter
pointer
High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 40.9%

  • Debt & Cash 59.1%

Sector Allocation

May'24

Apr'24

Mar'24

Health
20.8%
Tech
19.2%
Financial Services
16.2%
Consumer Cyclical
14.2%
Energy
9.9%
Consumer Defensive
9.5%
Utilities
5.7%
Communication
3.5%
Basic Materials
0.9%
All changes are between Oct'69 and Dec'69

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

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

Risk meter
pointer

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 11.19% since inception which is less than its category average return of 12.72%
Fund Allocations

Fund Allocations

This fund has an allocation of 40.88% in Equity, 55.42% in Debt and 3.7% in Cash related instruments
AUM size ₹74 Cr

AUM size ₹74 Cr

This fund has AUM of ₹74 Cr which is less than its category average of ₹ 767 Cr
Expense Ratio 0.69%

Expense Ratio 0.69%

This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.51%

Frequently Asked Questions

The current NAV of Axis Retirement Savings Fund - Conservative Plan Direct Pyt of Inc Dis cum Cap Wdrl is ₹16.23 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Axis Retirement Savings Fund - Conservative Plan Direct Pyt of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.63%
1.63%
6 Month Returns
8.83%
8.83%
1 Year Returns
18.4%
18.4%
3 Years Returns
31.9%
9.67%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.69% as on June 2024
₹74 Cr as on June 2024
7.18% Govt Stock 2037(27.16%), 7.25% Govt Stock 2063(8.9%), 7.3% Govt Stock 2053(6.91%), 7.32% Govt Stock 2030(6.81%), Power Finance Corporation Limited(5.63%) as on June 2024
Government(49.78%), Financial Services(7.97%), Tech(7.54%) as on June 2024
AAA
100
R Sivakumar is the fund manager of Axis Retirement Savings Fund - Conservative Plan Direct Pyt of Inc Dis cum Cap Wdrl
The Exit load of Axis Retirement Savings Fund - Conservative Plan Direct Pyt of Inc Dis cum Cap Wdrl is 0%