December 19, 2023
mayank
Axis Retirement Savings-Conservative Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 14.7325
NAV IDCW: Rs 14.5924
Suitable For Which Investors?
“Conservative hybrid funds invest roughly a quarter of your money in equity shares and the rest in bonds. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than returns from fixed income options.
They may also suit those looking for a regular income from their accumulation. The debt portion of these funds provides a moderate, but steady stream of income. The small equity allocation though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.
Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.”
Fund’s Investment Strategy:
The schemes seeks 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.
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-Conservative Plan
| Fund House | Axis Mutual Fund |
| Launch Date | 20-Dec-19 |
| Return Since Launch | 10.18% |
| Benchmark | CRISIL Hybrid 75+25 Conservative Index |
| Riskometer | High |
| Type | Open-ended |
| Assets | Rs 75 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.68% |
| (As on 30-Nov-2023) | |
| Risk Grade | High |
| Return Grade | Average |
| Turnover | — |
Axis Retirement Savings Fund-Conservative Plan Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Retrmnt Svngs-Cons Plan Dir | 14.43 | 0.30 | 3.10 | 4.32 | 8.55 | 14.32 | 8.59 | — | — | — |
| VR MIP TRI | 12.00 | -0.04 | 4.04 | 3.70 | 7.53 | 11.66 | 9.22 | — | — | — |
| Hybrid: Conservative Hybrid | 11.76 | 0.07 | 2.39 | 3.14 | 6.71 | 11.50 | 9.00 | — | — | — |
| Rank within category | 6 | 1 | 4 | 2 | 6 | 5 | 16 | — | — | — |
| Number of funds in category | 32 | 32 | 32 | 32 | 32 | 32 | 28 | 25 | 25 | 22 |
Peer Comparison of Axis Retirement Savings-Conservative 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-Cons Plan Dir | 1 star | 14.32 | 8.59 | — | 0.68 | 75 | 10.18 | — | 3Y 11M | — |
| SBI Cons Hybrid Dir | 5 star | 11.91 | 10.88 | 11.01 | 0.62 | 9,054 | 9.99 | 1.00 (365) | 10Y 11M | — |
| ICICI Pru Regular Svngs Dir | 4 star | 11.46 | 9.69 | 10.18 | 0.92 | 3,317 | 10.69 | 1.00 (365) | 10Y 11M | 17.00 |
| HDFC Hybrid Debt Dir | 4 star | 13.81 | 11.61 | 10.51 | 1.29 | 2,939 | 10.00 | 1.00 (365) | 10Y 11M | — |
| Kotak Debt Hybrid Dir | 5 star | 14.39 | 11.92 | 12.58 | 0.45 | 2,106 | 11.00 | 1.00 (180) | 10Y 11M | 24.23 |
Portfolio Analysis of Axis Retirement Savings Fund-Conservative Plan
| Number of Stocks | 19 |
| Number of Bonds | 8 |
| Average Maturity (yrs) | 7.73 |
| Top 10 Holdings | 65.14% |
| Portfolio P/B Ratio | 5.34 |
| Portfolio P/E Ratio | 29.99 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,58,076 | 1,99,056 |
| Giant (%) | 76.78 | 58.97 |
| Large (%) | 13.39 | 17.77 |
| Mid (%) | 9.83 | 18.07 |
| Small (%) | — | 9.16 |
| Tiny (%) | — | — |
| Fund | Category | |
| Number of Securities | 26 | 58 |
| Macaulay Duration (yrs) | 4.56 | 3.47 |
| Average Maturity (yrs) | 7.73 | 6.27 |
| Yield to Maturity (%) | 7.58 | 7.72 |
| Avg Credit Rating | AAA | — |
How to Invest in Axis Retirement Savings-Conservative Plan?
Chanakya’s Mutual Fund Guidance For Axis Retirement Savings Fund-Conservative Plan
Apply Online: https://www.axismf.com/mutual-funds
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