The investment objective of the Investment Plan(s) under the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt and other instruments to help investors meet their retirement goals. However, there can be no assurance that the investment objective of the Scheme will be achieved. 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. The Investment Plan may also invest in units of Gold ETF or units of REITs & InvITs for income generation / wealth creation.
The Axis Retirement Fund - Conservative Plan Regular Growth has an AUM of 46.69 crores & has delivered CAGR of 6.50% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 2.15%. The minimum investment in Axis Retirement Fund - Conservative Plan Regular Growth is Rs 5000 and the minimum SIP is Rs 1000.
As per morningstar the risk & return rating of the fund are Moderate & Moderate respectively.
The top holdings of the fund include Reliance Industries, State Bank of India, Infosys & Apollo Hospitals Enterprise.
The major sectors where the fund is invested are Regional Banks, Software & Programming, Oil & Gas Operations & Biotechnology & Drugs.
Some of the similar funds are Axis Retirement Fund - Conservative Plan Regular Growth, Aditya Birla Sun Life Retirement Fund - The 50s Pln Regular Growth, Aditya Birla Sun Life Retirement Fund - The 50s Plus - Debt Pln Regular Growth, ICICI Prudential Retirement Fund Hybrid Conservative Plan Regular Growth, ICICI Prudential Retirement Fund Pure Debt Plan Regular Growth. Axis Retirement Fund - Conservative Plan Regular Growth has a sharpe ratio of 0.25 & a standard deviation of 6.83%.
You have to be logged in to add this to Watchlist.
