December 19, 2023
mayank
Axis Retirement Savings-Aggressive Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 15.9600
NAV IDCW: Rs 15.9200
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
Aggressive hybrid funds invest 65-80 per cent of your money in equity shares and the rest in bonds. Their returns are slightly lower than those of pure equity funds which invest all your money in shares, but they also fall relatively less when the stock markets decline. This makes them suitable for conservative equity investors or first-time equity investors who are not used to sharp ups and downs.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The schemes seeks to generate capital appreciation by predominantly investing in equity and equity related instruments.
Fund Manager:
1) Nitin Arora
Education: Mr. Arora has done M.Sc in Finance and Investments
Experience: Prior to joining Axis Mutual Fund, he has worked with Aviva Life Insurance Company India Ltd., Emkay Global Financial Services Ltd., Nirmal Bang Institutional Equities Ltd. and Bloomberg UTV Ltd.
2) R Sivakumar
Education: Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.
Experience: Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | 5 Years |
| Exit Load | 0 |
Basic Details of Axis Retirement Savings Fund-Aggressive Plan
| Fund House | Axis Mutual Fund |
| Launch Date | 20-Dec-19 |
| Return Since Launch | 12.41% |
| Benchmark | CRISIL Hybrid 25+75 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 742 Cr |
| (As on 30-Nov-2023) | |
| Expense | 1.00% |
| (As on 30-Nov-2023) | |
| Risk Grade | High |
| Return Grade | Low |
| Turnover | — |
Axis Retirement Savings Fund-Aggressive Plan Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Retrmnt Svngs-Agrssv Plan Dir | 20.36 | 0.31 | 5.49 | 8.20 | 12.00 | 18.99 | 11.03 | — | — | — |
| VR Balanced TRI | 18.02 | -0.15 | 7.65 | 6.00 | 12.98 | 17.01 | 15.52 | — | — | — |
| Hybrid: Aggressive Hybrid | 22.40 | 0.05 | 6.01 | 6.74 | 14.88 | 21.29 | 17.59 | — | — | — |
| Rank within category | 31 | 2 | 32 | 9 | 38 | 32 | 42 | — | — | — |
| Number of funds in category | 45 | 46 | 46 | 45 | 45 | 45 | 42 | 36 | 27 | 22 |
Peer Comparison of Axis Retirement Savings-Aggressive Plan
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Axis Retrmnt Svngs-Agrssv Plan Dir | 1 star | 18.99 | 11.03 | — | 1.00 | 742 | 12.41 | — | 3Y 11M | — |
| ICICI Pru Eqt & Debt Dir | 5 star | 26.57 | 26.71 | 19.73 | 1.11 | 28,006 | 17.65 | 1.00 (365) | 10Y 11M | 28.00 |
| HDFC Hybrid Eqt Dir | 4 star | 16.59 | 18.16 | 15.06 | 1.08 | 21,192 | 15.53 | 1.00 (365) | 10Y 11M | 40.07 |
| Canara Robeco Eqt Hybrid Dir | 4 star | 19.64 | 15.94 | 16.01 | 0.59 | 9,278 | 14.93 | 1.00 (365) | 10Y 11M | 26.00 |
| HDFC Children’s Gift Dir | 5 star | 25.82 | 20.82 | 17.50 | 0.95 | 7,742 | 16.54 | — | 10Y 11M | 13.33 |
Portfolio Analysis of Axis Retirement Savings Fund-Aggressive Plan
| No. of Stocks | 55 |
| Top 10 Holdings | 36.33% |
| Top 5 Stocks | 20.23% |
| Top 3 Sectors | 36.68% |
| Portfolio P/B Ratio | 5.53 |
| Portfolio P/E Ratio | 33.95 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,32,074 | 1,44,851 |
| Giant (%) | 47.08 | 53.13 |
| Large (%) | 26.42 | 17.94 |
| Mid (%) | 26.34 | 22.49 |
| Small (%) | 0.16 | 8.12 |
| Tiny (%) | — | 0.09 |
| Fund | Category | |
| Number of Securities | 67 | 70 |
| Macaulay Duration (yrs) | 4.08 | 2.89 |
| Average Maturity (yrs) | 8.34 | 4.52 |
| Yield to Maturity (%) | 7.64 | 7.60 |
| Avg Credit Rating | AAA | — |
How to Invest in Axis Retirement Savings-Aggressive Plan?
Chanakya’s Mutual Fund Guidance For Axis Retirement Savings Fund-Aggressive Plan
Do not invest in this, or any other aggressive hybrid fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.axismf.com/mutual-funds
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