Axis Retirement Fund - Conservative Plan is a mutual fund run by Axis Mutual Fund. On 30-09-2026, it managed ₹45 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.2% a year and its Regular plan returned 5.9% a year.
NAV (Direct plan)
₹17.19
▲ 0.21% · 30-10-2026
NAV (Regular plan)
₹15.54
▲ 0.20% · 30-10-2026
Expense ratio
1.27%Direct2.16%Regular
1.27%
A year
Riskometer
High
Set by the fund house
3 year return
7.2%Direct5.9%Regular
7.2%
A year
Axis Retirement Fund - Conservative Plan NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹17.19 (up 0.21% that day); Regular Plan Growth ₹15.54 (up 0.20% that day).
This fund (Direct plan)
₹17.1925
Axis Retirement Fund - Conservative Plan Returns
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
+0.35%
−3.13%
−0.50%
−2.72%
+7.19%
+5.76%
--
This fund (Regular)
+0.28%
−3.35%
−0.95%
−3.60%
+5.94%
+4.33%
--
Category average
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--
--
--
--
--
--
Best in category
--
--
--
--
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--
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Worst in category
--
--
--
--
--
--
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Rank in category
--
--
--
--
--
--
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No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. This fund's benchmark is CRISIL Hybrid 75+25 - Conservative Index. Returns of that index are not available to us.
Axis Retirement Fund - Conservative Plan Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
−3.86%
−4.57%
2025
+6.33%
+5.10%
2024
+13.10%
+11.57%
2023
+15.50%
+13.71%
2022
−2.64%
−4.25%
2021
+14.00%
+12.03%
Axis Retirement Fund - Conservative Plan Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 937 periods, one for each trading day from 27-12-2022 to 30-10-2026.
0%5%10%15%
Axis Retirement Fund - Conservative Plan (Direct)
Apr 2020 to Apr 2023Dec 2020 to Dec 2023Aug 2021 to Aug 2024Apr 2022 to Apr 2025Nov 2022 to Nov 2025Jul 2023 to Jul 2026
Axis Retirement Fund - Conservative Plan (Direct)
0%
Below 0%
0%
0-5%
65%
5-10%
35%
10-15%
0%
15-20%
0%
20-25%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
1 year
1,421
8.8%
−4.0%
29.8%
14%
2 years
1,181
10.0%
−0.6%
20.0%
1%
3 years
937
9.6%
6.5%
12.3%
0%
5 years
452
9.5%
5.2%
12.9%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
1 year
71
8.5%
−6.7%
25.0%
18%
2 years
59
7.1%
−1.0%
20.2%
3%
3 years
47
9.3%
1.9%
15.4%
0%
5 years
23
9.1%
5.2%
11.6%
0%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. Past returns do not promise future returns.
Axis Retirement Fund - Conservative Plan Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Axis Retirement Fund - Conservative Plan (Direct)This fund
Return (CAGR)
−2.72%
Standard deviation
6.06%
Sharpe ratio
-1.32
Sortino ratio
-1.73
Maximum drawdown
−6.2%
(02-04-2026)
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Axis Retirement Fund - Conservative Plan (Direct)This fund
Return (CAGR)
+7.19%
Standard deviation
5.53%
Sharpe ratio
0.21
Sortino ratio
0.29
Maximum drawdown
−7.0%
(04-03-2025)
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Axis Retirement Fund - Conservative Plan (Direct)This fund
Return (CAGR)
+5.76%
Standard deviation
5.54%
Sharpe ratio
-0.01
Sortino ratio
-0.01
Maximum drawdown
−8.5%
(17-06-2022)
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Axis Retirement Fund - Conservative Plan (Direct)This fund
Return (CAGR)
+8.22%
Standard deviation
6.30%
Sharpe ratio
0.49
Sortino ratio
0.66
Maximum drawdown
−12.7%
(23-03-2020)
From daily NAVs, 27-12-2019 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−15%−10%−5%0%
Axis Retirement Fund - Conservative Plan (Direct)
2020202120222023202420252026
Axis Retirement Fund - Conservative Plan (Direct)
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Axis Retirement Fund - Conservative Plan (Direct)
−12.7%
17-02-2020
23-03-2020
07-07-2020
3 months
−4.1%
From the Direct plan's daily NAV since 27-12-2019, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.
Axis Retirement Fund - Conservative Plan Expense Ratio and Costs
What each plan charges a year, in force from 01-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
1.07%
0.00%
0.00%
0.20%
1.27%
Regular
1.83%
0.00%
0.00%
0.33%
2.16%
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−3.60%
−2.72%
0.88%
₹96,400
₹97,280
3 years
5.94%
7.19%
1.25% a year
₹1,18,899
₹1,23,158
5 years
4.33%
5.76%
1.43% a year
₹1,23,608
₹1,32,314
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Axis Retirement Fund - Conservative Plan SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 27-12-2019 to 30-10-2026: 83 instalments, ₹8,30,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planAxis Retirement Fund - Conservative Plan (Direct)
₹8,30,000
₹10,45,384
₹2,15,384
6.6%
Regular planAxis Retirement Fund - Conservative Plan (Regular)
₹8,30,000
₹9,93,571
₹1,63,571
5.1%
₹0₹5.0 L₹10.0 L₹15.0 L
Direct planAxis Retirement Fund - Conservative Plan (Direct)
Regular planAxis Retirement Fund - Conservative Plan (Regular)
Amount invested
2020202120222023202420252026
Direct planAxis Retirement Fund - Conservative Plan (Direct)Regular planAxis Retirement Fund - Conservative Plan (Regular)Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis Retirement Fund - Conservative Plan Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
59.0%Debt
Asset
Fund
Debt
59.0%
Equity
35.3%
Cash and others
5.7%
Market cap of stocks
Market cap
Fund
Large Cap
31.9%
Mid Cap
2.9%
Small Cap
0.5%
Share of the whole fund. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Credit rating
Bonds and money market papers by credit rating, % of the fund.
Rating
Fund
Sovereign
59.0%
Axis Retirement Fund - Conservative Plan Sector Allocation
Sector allocation of the fund's stocks as on 30-09-2026
Largest sectors
Banks7.2%
IT - Software4.5%
Petroleum Products4.5%
Healthcare Services2.8%
Automobiles2.7%
Pharmaceuticals & Biotechnology2.6%
Telecom - Services2.3%
Insurance2.2%
Diversified FMCG1.5%
Construction1.1%
The ten largest of 17 sectors. The other 7 add up to 3.9%.
Sector changes
Sector
July 2026
August 2026
September 2026
Change
Banks
7.6%
7.9%
7.2%
−0.4%
IT - Software
4.7%
4.8%
4.5%
−0.2%
Petroleum Products
4.6%
4.6%
4.5%
−0.1%
Healthcare Services
2.7%
2.9%
2.8%
+0.1%
Automobiles
2.7%
2.8%
2.7%
0.0%
Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.
Axis Retirement Fund - Conservative Plan Portfolio Holdings
As on 30-09-2026 · 35 holdings · from the fund house's monthly portfolio
Holdings
Sector / Rating
Weight%
Holdings trend
1M change
7.18% Government of India (24/07/2037) · Government security
Sovereign
34.56%
7.34% Government of India (22/04/2064) · Government security
Sovereign
15.53%
7.1% Government of India (08/04/2034) · Government security
Sovereign
8.93%
Reliance Industries Limited
Petroleum Products
4.49%
0.0%
Apollo Hospitals Enterprise Limited
Healthcare Services
2.62%
0.0%
Bharti Airtel Limited
Telecom - Services
2.29%
0.0%
Infosys Limited
IT - Software
2.13%
0.0%
State Bank of India
Banks
2.13%
−21.5%
HDFC Bank Limited
Banks
1.95%
0.0%
Indus Infra Trust
Transport Infrastructure
1.92%
ICICI Bank Limited
Banks
1.82%
0.0%
Life Insurance Corporation Of India
Insurance
1.74%
0.0%
Hero MotoCorp Limited
Automobiles
1.50%
0.0%
HCL Technologies Limited
IT - Software
1.37%
0.0%
ITC Limited
Diversified FMCG
1.33%
0.0%
Kotak Mahindra Bank Limited
Banks
1.25%
0.0%
Mahindra & Mahindra Limited
Automobiles
1.17%
0.0%
Larsen & Toubro Limited
Construction
1.13%
0.0%
NTPC Limited
Power
1.06%
0.0%
Varun Beverages Limited
Beverages
0.94%
0.0%
Sun Pharmaceutical Industries Limited
Pharmaceuticals & Biotechnology
0.88%
0.0%
Britannia Industries Limited
Food Products
0.69%
0.0%
Mankind Pharma Limited
Pharmaceuticals & Biotechnology
0.69%
0.0%
Tech Mahindra Limited
IT - Software
0.65%
0.0%
Cipla Limited
Pharmaceuticals & Biotechnology
0.57%
0.0%
HDFC Life Insurance Company Limited
Insurance
0.49%
0.0%
Info Edge (India) Limited
Retailing
0.49%
0.0%
Torrent Pharmaceuticals Limited
Pharmaceuticals & Biotechnology
0.42%
0.0%
Tata Consultancy Services Limited
IT - Software
0.36%
0.0%
Cyient Dlm Ltd
Aerospace & Defense
0.32%
0.0%
Hindustan Unilever Limited
Diversified FMCG
0.20%
0.0%
Bajaj Finance Limited
Finance
0.19%
0.0%
Sundaram Finance Limited
Finance
0.18%
−35.9%
Global Health Limited
Healthcare Services
0.15%
0.0%
ITC Hotels Limited
Leisure Services
0.08%
0.0%
Axis Retirement Fund - Conservative Plan Stocks Bought and Sold
All changes are between August 2026 and September 2026
More
Stocks bought and sold in September 2026
State Bank of India
↓Reduced
−21.5%
2.13%
Sundaram Finance Limited
↓Reduced
−35.9%
0.18%
No stocks in this group for September 2026.
A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Axis Retirement Fund - Conservative Plan Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
1.27%
Expense ratio (Regular)
2.16%
Category
Solution
Risk
High
Benchmark
CRISIL Hybrid 75+25 - Conservative Index
Launch date
20-12-2019
Minimum investment
₹5,000
Minimum additional investment
₹1,000
AUM
₹44.70 Cr (30-09-2026)
Lock in
5 years, or until retirement if earlier
Scheme code (Direct)
147830
ISIN (Direct)
INF846K01T69
Scheme code (Regular)
147832
ISIN (Regular)
INF846K01T85
NAV history
From 27-12-2019, 6.8 years
Exit load
Nil
Tax on Axis Retirement Fund - Conservative Plan returns
How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹17.1925
30-10-2026
direct
IDCW
₹15.6657
30-10-2026
regular
Growth
₹15.5424
30-10-2026
regular
IDCW
₹14.3223
30-10-2026
About Axis Retirement Fund - Conservative Plan
Axis Retirement Fund - Conservative Plan is a mutual fund from Axis Mutual Fund. Its category is Solution. It was launched on 20-12-2019. Its benchmark is CRISIL Hybrid 75+25 - Conservative Index. At the end of September 2026 it held 35 securities.
Fund Manager
Jayesh Sundar
Fund manager of Axis Retirement Fund - Conservative Plan, since 24-01-2024
Devang Shah
Fund manager of Axis Retirement Fund - Conservative Plan, since 05-04-2024
Hardik Shah
Fund manager of Axis Retirement Fund - Conservative Plan, since 05-04-2024
Krishnaa N
Fund manager of Axis Retirement Fund - Conservative Plan, since 01-03-2024
Frequently Asked Questions for Axis Retirement Fund - Conservative Plan
What is the current NAV of Axis Retirement Fund - Conservative Plan?
The Direct plan NAV is ₹17.1925. The Regular plan NAV is ₹15.5424, as on 30-10-2026.
What are the returns of Axis Retirement Fund - Conservative Plan?
The Direct plan returned −2.72% in 1 year, +7.19% a year over 3 years, +5.76% a year over 5 years. The Regular plan returned −3.60% in 1 year, +5.94% a year over 3 years, +4.33% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Axis Retirement Fund - Conservative Plan?
The Direct plan charges 1.27% a year. The Regular plan charges 2.16% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.
What is the AUM of Axis Retirement Fund - Conservative Plan?
Axis Retirement Fund - Conservative Plan managed ₹44.70 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Axis Retirement Fund - Conservative Plan?
At the end of September 2026 the largest holdings were 7.18% Government of India (24/07/2037) (34.56%), 7.34% Government of India (22/04/2064) (15.53%), 7.1% Government of India (08/04/2034) (8.93%), RELIANCE (4.49%), APOLLOHOSP (2.62%). The fund held 35 securities in all.
What did Axis Retirement Fund - Conservative Plan buy and sell in September 2026?
It reduced 2.
How do I invest in Axis Retirement Fund - Conservative Plan?
Through Axis Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of Axis Retirement Fund - Conservative Plan?
Jayesh Sundar (since 24-01-2024), Devang Shah (since 05-04-2024), Hardik Shah (since 05-04-2024), Krishnaa N (since 01-03-2024).
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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