AXIS Retirement Savings Fund

Solution Oriented · Retirement
 · ★★
1,000
Min SIP
5,000
Min Lumpsum
0.59 %
Expense Ratio
★★
Rating
279
Fund Size (in Cr)
3 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 3 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
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Scheme Performance

Returns and Ranks ( as on 01 June 2023 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 9.9% 15.1% - 11.2%
Category Average 14.1% 24.8% 13.5% -

Scheme Allocation

By Holding
By Sector
By Asset
Torrent Power
9.18%
Pidilite Inds.
9.11%
Kotak Mah. Bank
7.93%
Bajaj Finance
7.24%
Nestle India
6.42%
Others
60.12%
Banks
18.32%
Finance
11.34%
Retailing
10.47%
Debt
10.16%
Power
9.18%
Others
40.53%
Equity
83.76%
Net Curr Ass/Net Receivables
4.63%
Reverse Repos
4.02%
Corporate Debentures
3.61%
Govt Securities / Sovereign
2.53%
Others
1.45%

Advance Ratio

-0.23
Alpha
3.78
SD
0.75
Beta
0.32
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The Investment Plan has a dual objective of 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. The Investment Plan may also invest in units of Gold ETF or units of REITs & InvITs for income generation / wealth creation.

Fund Managers

Jinesh Gopani - Asset Under Management - Head of Equities, Axis Asset Management Ltd

With 20 years of work experience in fund management and content listing, Mr Jinesh Gopani is a prime part of Axis Mutual Fund. His current designation is Head of Equities, Axis Asset Management Ltd. He heads US$ 18 billion equity AUM (Asset Under Management) at Axis AMC. The AUM size of Axis Mutual Fund has increased at a CAGR (Compounded Annual Growth Rate) of 35% in the last three (3) years and 45% since its inception in 2009. His educational qualifications include a Master of Business Administration (MBA), MMS (Finance and Financial Management Services), and B.Com (Finance) from the University of Mumbai.

Mr Gopani joined Axis AMC in September 2009 as a Senior Fund Manager. He was promoted to his current role in September 2016. Before joining Axis AMC, he worked with Birla Sunlife as a Portfolio Manager and Voyager India Capital as Senior Research Analyst.

Under Mr Jinesh Gopani’s stewardship, Axis AMC has earned the coveted title of the No. 1 AMC in India. Incidentally, it was the 41st AMC in 2009. Mr Gopani manages fourteen (14) Axis Mutual Fund schemes, including Axis Long Term Equity Fund, Axis Focused 25 Fund, Axis Nifty Midcap 50 Index Fund, Axis NIFTY IT ETF, Axis Retirement Savings Fund, etc.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Axis Mutual Fund
AUM:
2,42,183 Cr
Address:
Axis House, 1st Floor,C-2, Wadia international centre,Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact:
022-43255161
Email ID:
customerserivce@axismf.com

Frequently Asked Questions

How to invest in AXIS Retirement Savings Fund ?

You can invest in AXIS Retirement Savings Fund in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for AXIS Retirement Savings Fund in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of AXIS Retirement Savings Fund ?

The NAV of AXIS Retirement Savings Fund is ₹14.4 as of 01 June 2023.

How to redeem AXIS Retirement Savings Fund holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of AXIS Retirement Savings Fund?

The minimum SIP amount of AXIS Retirement Savings Fund is ₹1000

What are the top sectors AXIS Retirement Savings Fund has invested in??

The top sectors AXIS Retirement Savings Fund has invested in are
  1. Torrent Power - 9.18%
  2. Pidilite Inds. - 9.11%
  3. Kotak Mah. Bank - 7.93%
  4. Bajaj Finance - 7.24%
  5. Nestle India - 6.42%

How much returns have AXIS Retirement Savings Fund generated ?

The AXIS Retirement Savings Fund has delivered 11.2% since inception

What is the expense ratio of AXIS Retirement Savings Fund ?

The expense ratio of AXIS Retirement Savings Fund is 0.59 % as of 01 June 2023.

What is the AUM of AXIS Retirement Savings Fund?

The AUM of AXIS Retirement Savings Fund is ₹2,42,183 Cr as of 01 June 2023

What are the top stock holdings of AXIS Retirement Savings Fund?

The top stock holdings of AXIS Retirement Savings Fund are
  1. Torrent Power - 9.18%
  2. Pidilite Inds. - 9.11%
  3. Kotak Mah. Bank - 7.93%
  4. Bajaj Finance - 7.24%
  5. Nestle India - 6.42%
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