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NAV as of May 15, 2024
₹17.47+0.23% 1D change
Returns since inception
Returns Annualised Returns since inception
13.53% p.a.
Return Outperformance: This fund has generated highest return amongst Retirement Solutions funds in the last 2 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.
VRO rating | 1 |
Expense ratio | 1.07% as on Mar 31, 2024 |
Exit load | 0% |
AUM (Fund size) | ₹839 Crs |
Lock-in | 5 Years |
Age | 4 yrs 5 m since Nov 29, 2019 |
Benchmark | CRISIL Hybrid 25+75 Aggressive Index |
Min. investment | SIP ₹1000 & Lump. ₹5000 |
Risk | Very High |
Period | This fund | Category average |
---|---|---|
1 month | 0.81% | 1.4931578947368422% |
3 months | 4.42% | 3.075789473684211% |
6 months | 15.93% | 11.501578947368422% |
1 year | 29.5% | 22.366111111111113% |
3 years | 13.09% | 12.411176470588236% |
Large Cap 48.15220558951259%
Mid Cap 20.446930920047063%
Small Cap 10.700770350440338%
Other Cap 0.0%
Financial 17.630000000000003%
Energy 11.08%
Technology 8.42%
Chemicals 8.1%
SOV 16.8263575%
Cash & Call Money 2.25664291%
AAA 1.19667119%
Others 0.42042129%
GOI 16.84%
Mahanagar Telephone Nigam Ltd. 0.6%
Indian Railway Finance Corporation Ltd. 0.6%
Others 0.47%
GOI Securities 16.8263575%
Net Receivables 1.79080787%
Non Convertible Debenture 1.19667119%
CBLO 0.46583504%
Others 1.79%
Bharat Highways InvIT 0.42%
Fund name | ETM Rank | AUM (in Crs.) | Fund age | Expense ratio |
---|---|---|---|---|
HDFC Retirement Savings Fund - Hybrid Equity Plan | #1 | ₹1,394 Crs | 8 yrs 3 m | 0.93% |
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan | #2 | ₹429 Crs | 5 yrs 3 m | 0.75% |
HDFC Retirement Savings Fund - Hybrid Debt Plan | #3 | ₹157 Crs | 8 yrs 3 m | 0.95% |
UTI Retirement Fund | #4 | ₹4,384 Crs | 11 yrs 4 m | 0.98% |
Tata Retirement Savings Moderate | #5 | ₹1,977 Crs | 11 yrs 4 m | 0.62% |
Fund name | 1M | 6M | 1Y | 3Y | 5Y | 10Y |
---|---|---|---|---|---|---|
HDFC Retirement Savings Fund - Hybrid Equity Plan | 1.69% | 13.02% | 26.73% | 17.65% | 17.77% | 14.53% |
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan | 3.11% | 26.5% | 47.48% | 22.32% | 19.19% | 9.38% |
HDFC Retirement Savings Fund - Hybrid Debt Plan | 1.26% | 7.26% | 12.94% | 9.57% | 10.1% | 8.2% |
UTI Retirement Fund | 1.32% | 9.95% | 18.87% | 13.24% | 12.07% | 10.8% |
Tata Retirement Savings Moderate | 1.51% | 11.96% | 29.1% | 15.85% | 15.8% | 16.58% |
Fund name | Std. deviation | Beta | Sharpe | Sortino |
---|---|---|---|---|
HDFC Retirement Savings Fund - Hybrid Equity Plan | 8.4 | 0.63 | 1.47 | 2.73 |
ICICI Prudential Retirement Fund - Hybrid Aggressive Plan | 11.31 | 0.85 | 1.46 | 2.4 |
HDFC Retirement Savings Fund - Hybrid Debt Plan | 3.26 | 0.47 | 1.27 | 2.46 |
UTI Retirement Fund | 5.48 | 0.45 | 1.46 | 2.35 |
Tata Retirement Savings Moderate | 9.9 | 0.76 | 1.06 | 2.03 |
Alpha | -0.55 vs. 4.220444 Underperformed at beating benchmark |
Sharpe | 0.69 vs. 3.9851308 Poor risk-adjusted returns |
Beta | 0.85 vs. 0.99545616 Less sensitive to market ups & downs |
Standard deviation | 11.37 vs. 6.045249 More volatile performance |
Fund AUM | ₹839 Crs as on Mar 31, 2024 |
Scheme document | View Scheme Document |
The schemes seeks to generate capital appreciation by predominantly investing in equity and equity related instruments.
No. of schemes | 59 view all schemes |
Total AUM | ₹2,75,166 Crs as on Mar 31, 2024 |
Address | 23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013 |
Phone | 022-24255161 |
Fund name | ETM Rank | AUM (in Crs.) | 1Y | 5Y |
---|---|---|---|---|
Axis Multi Asset Allocation Fund | #5 | ₹1,202 Crs | 18.87% | 14.69% |
Axis Equity Hybrid Fund | #20 | ₹1,589 Crs | 18.82% | 13.78% |
Axis Retirement Savings Fund - Dynamic Plan | N.A. | ₹347 Crs | 30.56% | N.A. |
Axis Balanced Advantage Fund | #15 | ₹2,124 Crs | 25.17% | 12.32% |
Axis Equity Saver Fund | #14 | ₹908 Crs | 17.53% | 10.98% |
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The Axis Retirement Savings Fund - Aggressive Plan is a 4 yrs 5 m old fund and has delivered average annual returns of 13.53% since inception.
1-Year | 3-Year | Since Inception |
---|---|---|
29.5% | 13.09% | 13.53% |
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Axis Retirement Savings Fund - Aggressive Plan for May 15, 2024 is 17.47.
Axis Retirement Savings Fund - Aggressive Plan has an ET Money Rank of #0 of 0 and a consistency rating of 0.0.
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in Axis Retirement Savings Fund - Aggressive Plan is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Axis Retirement Savings Fund - Aggressive Plan is 1.07%. .
Redeeming your investments in Axis Retirement Savings Fund - Aggressive Plan is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Axis Retirement Savings Fund - Aggressive Plan from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Axis Retirement Savings Fund - Aggressive Plan is ₹839 Crs.
The Axis Retirement Savings Fund - Aggressive Plan's equity portion has been invested in the stocks of the following companies
Company | Percentage of Portfolio |
---|---|
Reliance Industries Ltd. | 5.03% |
ICICI Bank Ltd. | 3.7% |
HDFC Bank Ltd. | 3.43% |
Torrent Power Ltd. | 3.23% |
Tata Consultancy Services Ltd. | 2.74% |
Bajaj Finance Ltd. | 2.61% |
Pidilite Industries Ltd. | 2.6% |
Infosys Ltd. | 2.52% |
Sundaram Finance Ltd. | 2.34% |
Solar Industries India Ltd. | 2.14% |
The Axis Retirement Savings Fund - Aggressive Plan's equity portion is primarily invested in the following sectors -
Sector | Percentage of Portfolio |
---|---|
Financial | 17.630000000000003% |
Energy | 11.08% |
Technology | 8.42% |
Chemicals | 8.1% |
Healthcare | 6.17% |
Automobile | 6.02% |
Services | 5.78% |
Construction | 4.63% |
Consumer Discretionary | 3.2% |
Capital Goods | 2.74% |
The credit rating of the instruments in which the fund invests represents the quality of the borrower.
The Axis Retirement Savings Fund - Aggressive Plan's debt portion's allocation by credit quality is given belowCredit Quality | Percentage of Portfolio |
SOV | 16.8263575% |
Cash & Call Money | 2.25664291% |
AAA | 1.19667119% |
The top 3 debt holdings of Axis Retirement Savings Fund - Aggressive Plan are as follows
Holding Name | Percentage of Portfolio |
GOI | 16.84% |
Mahanagar Telephone Nigam Ltd. | 0.6% |
Indian Railway Finance Corporation Ltd. | 0.6% |
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