December 19, 2023
mayank
Axis Retirement Savings-Dynamic Plan details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
Current NAV:
NAV Growth: Rs 16.7200
NAV IDCW: Rs 16.5400
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that 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.
Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.
These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.
Like for all equity-linked investments, you must invest only through the SIP route.
Fund’s Investment Strategy:
The schemes seeks to generating capital appreciation by investing in equity and equity related securities as well as generating income by investing in debt and money market securities, while attempting to manage risk from the market through active asset allocation.
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-Dynamic Plan
| Fund House | Axis Mutual Fund |
| Launch Date | 20-Dec-19 |
| Return Since Launch | 13.72% |
| Benchmark | CRISIL Hybrid 35+65 Aggressive Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 303 Cr |
| (As on 30-Nov-2023) | |
| Expense | 0.94% |
| (As on 30-Nov-2023) | |
| Risk Grade | High |
| Return Grade | Average |
| Turnover | — |
Axis Retirement Savings Fund-Dynamic Plan Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Retrmnt Svngs-Dynamic Plan Dir | 20.63 | 0.30 | 6.09 | 7.87 | 11.24 | 18.97 | 12.16 | — | — | — |
| VR Balanced TRI | 18.02 | -0.15 | 7.65 | 6.00 | 12.98 | 17.01 | 15.52 | — | — | — |
| Hybrid: Dynamic Asset Allocation | 19.16 | 0.06 | 5.23 | 6.09 | 13.10 | 18.45 | 13.77 | — | — | — |
| Rank within category | 8 | 1 | 9 | 6 | 21 | 12 | 17 | — | — | — |
| Number of funds in category | 30 | 33 | 33 | 33 | 32 | 30 | 23 | 19 | 13 | 6 |
Peer Comparison of Axis Retirement Savings-Dynamic 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-Dynamic Plan Dir | 1 star | 18.97 | 12.16 | — | 0.94 | 303 | 13.72 | — | 3Y 11M | — |
| HDFC Balanced Advtg Dir | 5 star | 30.00 | 25.68 | 18.43 | 0.81 | 68,387 | 15.97 | 1.00 (365) | 10Y 11M | 14.42 |
| ICICI Pru Balanced Advtg Dir | 4 star | 16.27 | 13.87 | 12.97 | 0.90 | 51,732 | 13.18 | 1.00 (365) | 10Y 11M | 25.00 |
| Kotak Balanced Advtg Dir | 4 star | 15.97 | 12.31 | 12.80 | 0.51 | 15,225 | 11.98 | 1.00 (365) | 5Y 4M | 302.98 |
| Edelweiss Balanced Advtg Dir | 4 star | 18.07 | 14.44 | 15.01 | 0.48 | 9,724 | 12.96 | 1.00 (90) | 10Y 11M | 69.00 |
Portfolio Analysis of Axis Retirement Savings Fund-Dynamic Plan
| No. of Stocks | 63 |
| Top 10 Holdings | 35.89% |
| Top 5 Stocks | 21.48% |
| Top 3 Sectors | 39.46% |
| Portfolio P/B Ratio | 5.07 |
| Portfolio P/E Ratio | 33.21 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,09,870 | 1,85,917 |
| Giant (%) | 49.24 | 58.64 |
| Large (%) | 14.43 | 18.59 |
| Mid (%) | 29.70 | 18.00 |
| Small (%) | 6.63 | 5.24 |
| Tiny (%) | — | 0.04 |
| Fund | Category | |
| Number of Securities | 71 | 110 |
| Macaulay Duration (yrs) | 6.54 | 2.56 |
| Average Maturity (yrs) | 10.53 | 3.46 |
| Yield to Maturity (%) | 7.43 | 7.52 |
| Avg Credit Rating | AAA | — |
How to Invest in Axis Retirement Savings-Dynamic Plan?
Chanakya’s Mutual Fund Guidance For Axis Retirement Savings Fund-Dynamic Plan
Do not invest in this, or any other dynamic asset allocation fund, if you need to redeem your investment in less than five years.
Apply Online: https://www.axismf.com/mutual-funds
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks