Axis Retirement Fund Conservative Plan
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.
Growthvine rating: 1/5 — ranked #11 of 11 in category.
Fund basics
| Category | Solution: Retirement Debt |
|---|---|
| NAV | ₹16.08 (as of 2026-08-21) |
| AUM | ₹48 Cr |
| Expense ratio | 1.83% |
| Riskometer | Moderately High |
| Fund manager | Devang Shah |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.81% |
|---|---|
| Sharpe ratio | 0.22 |
| Standard deviation | 6.80% |
| Max drawdown | -12.88% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 45.6% of Nifty 500's upside and 43.6% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | -1.3% | Q4 (Bottom) | #11 of 11 |
| 2025 | 5.1% | Q2 | #6 of 11 |
| 2024 | 11.6% | Q1 (Top) | #3 of 11 |
| 2023 | 13.7% | Q2 | #5 of 11 |
| 2022 | -4.3% | Q4 (Bottom) | #11 of 11 |