Axis Conservative Hybrid Fund vs Axis Retirement Fund - Aggressive Plan
Direct Plan, Growth option · Data as on 30-10-2026
Axis Conservative Hybrid Fund is a Conservative Hybrid fund and Axis Retirement Fund - Aggressive Plan is a Solution fund. In the 3 years to 30-10-2026, Axis Conservative Hybrid Fund (Direct) returned 6.5% a year and Axis Retirement Fund - Aggressive Plan (Direct) returned 10.8% a year. Axis Conservative Hybrid Fund charges 1.16% a year and Axis Retirement Fund - Aggressive Plan 1.26% (Direct plans). Their portfolios overlap 27.5%: they hold 32 of the same securities.
Axis Conservative Hybrid Fund
Conservative Hybrid
- 3 year return
- 6.5%
- Expense ratio
- 1.16%
- NAV
- ₹35.59
Axis Retirement Fund - Aggressive Plan
Solution
- 3 year return
- 10.8%
- Expense ratio
- 1.26%
- NAV
- ₹19.59
Which is better, Axis Conservative Hybrid or Axis Retirement Fund - Aggressive Plan? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis Retirement Fund - Aggressive Plan returned more over 5 years: 6.7% a year against 5.7%.
- Axis Retirement Fund - Aggressive Plan returned more over 3 years: 10.8% a year against 6.5%.
- Axis Conservative Hybrid costs less: 1.16% a year against 1.26% (Direct plans).
- Axis Conservative Hybrid swung less over 3 years: a standard deviation of 3.4% a year against 10.9%.
- Axis Conservative Hybrid fell less in its worst fall since 27-12-2019: −9.4% against −25.9%.
- Axis Retirement Fund - Aggressive Plan holds more in large companies: 52.3% of the fund in large caps against 17.9%.
- Axis Retirement Fund - Aggressive Plan is the larger fund: ₹666 Cr against ₹217 Cr.
- Their portfolios overlap 27.5%: 32 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis Conservative Hybrid Fund | Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| Fund house | Axis Mutual Fund | Axis Mutual Fund |
| Category | Conservative Hybrid | Solution |
| AUM | ₹217 Cr (30-09-2026) | ₹666 Cr (30-09-2026) |
| NAV | ₹35.59 (Direct) | ₹19.59 (Direct) |
| Expense ratio (Direct) | 1.16% | 1.26% |
| Expense ratio (Regular) | 2.15% | 2.51% |
| Riskometer | Moderately High | Very High |
| Benchmark | Nifty 50 Hybrid Composite Debt 15:85 Conservative Index | CRISIL Hybrid 25+75 - Aggressive Index |
| Launch date | 16-07-2010 | 20-12-2019 |
| Minimum investment | ₹500 | ₹5,000 |
| Lock in | None | 5 years, or until retirement if earlier |
| Fund managers | Devang Shah, Sachin Jai, Jayesh Sundar | Jayesh Sundar, Devang Shah, Hardik Shah, Krishnaa N |
| Exit load | Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 months. | Nil |
Axis Conservative Hybrid vs Axis Retirement Fund - Aggressive Plan: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis Conservative Hybrid Fund (Direct) | −0.01% | −1.82% | +0.41% | −0.11% | +6.52% | +5.66% | +7.13% |
| Axis Retirement Fund - Aggressive Plan (Direct) | +0.05% | −3.73% | −0.10% | −5.18% | +10.83% | +6.66% | -- |
| Conservative Hybrid average | −0.46% | −1.48% | +0.87% | +1.02% | +7.61% | +7.13% | +7.52% |
Category average: the average of the 18 Conservative Hybrid funds, same plan type.
Axis Conservative Hybrid vs Axis Retirement Fund - Aggressive Plan: Year-wise Returns
| Year | Conservative HybridAxis Conservative Hybrid | Retirement Fund - Aggressive PlanAxis Retirement Fund - Aggressive Plan |
|---|---|---|
| 2026to date | −1.12% | −4.53% |
| 2025 | +8.03% | +5.50% |
| 2024 | +8.89% | +20.73% |
| 2023 | +9.91% | +21.49% |
| 2022 | +1.86% | −5.62% |
| 2021 | +11.91% | +18.47% |
Axis Conservative Hybrid vs Axis Retirement Fund - Aggressive Plan: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 937 of them, one for each trading day from 27-12-2022 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis Conservative Hybrid Fund (Direct)
Axis Retirement Fund - Aggressive Plan (Direct)
to
Apr 2023Dec 2020
to
Dec 2023Aug 2021
to
Aug 2024Apr 2022
to
Apr 2025Nov 2022
to
Nov 2025Jul 2023
to
Jul 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis Conservative Hybrid | 0.0 | 0.0 | 91.4 | 8.6 | 0.0 | 0.0 | 0.0 | 8.3% | 8.1% | 6.0% | 11.9% |
| Axis Retirement Fund - Aggressive Plan | 0.0 | 0.0 | 8.7 | 72.2 | 19.1 | 0.0 | 0.0 | 13.1% | 13.0% | 7.1% | 19.6% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 27-12-2019. Past returns do not promise future returns.
Axis Conservative Hybrid vs Axis Retirement Fund - Aggressive Plan: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-12-2019 to 30-10-2026: 83 instalments, ₹8,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis Conservative HybridAxis Conservative Hybrid Fund (Direct) | ₹8,30,000 | ₹10,39,077 | ₹2,09,077 | 6.4% |
| Axis Retirement Fund - Aggressive PlanAxis Retirement Fund - Aggressive Plan (Direct) | ₹8,30,000 | ₹11,37,513 | ₹3,07,513 | 9.0% |
Axis Conservative HybridAxis Conservative Hybrid Fund (Direct)
Axis Retirement Fund - Aggressive PlanAxis Retirement Fund - Aggressive Plan (Direct)
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 Conservative Hybrid vs Axis Retirement Fund - Aggressive Plan: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis Conservative Hybrid Fund (Direct) | Axis Retirement Fund - Aggressive Plan (Direct) |
|---|---|---|
| Return (CAGR) | −0.11% | −5.18% |
| Standard deviation | 3.51% | 11.31% |
| Sharpe ratio | -1.53 | -0.92 |
| Sortino ratio | -2.01 | -1.24 |
| Maximum drawdown | −3.5% (30-03-2026) | −11.9% (30-03-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
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. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Conservative Hybrid Fund (Direct) | Axis Retirement Fund - Aggressive Plan (Direct) |
|---|---|---|
| Return (CAGR) | +6.52% | +10.83% |
| Standard deviation | 3.42% | 10.95% |
| Sharpe ratio | 0.14 | 0.44 |
| Sortino ratio | 0.20 | 0.60 |
| Maximum drawdown | −3.5% (30-03-2026) | −14.0% (28-02-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
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. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Conservative Hybrid Fund (Direct) | Axis Retirement Fund - Aggressive Plan (Direct) |
|---|---|---|
| Return (CAGR) | +5.66% | +6.66% |
| Standard deviation | 3.53% | 10.98% |
| Sharpe ratio | -0.04 | 0.08 |
| Sortino ratio | -0.05 | 0.11 |
| Maximum drawdown | −5.9% (17-06-2022) | −19.1% (17-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
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. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis Conservative Hybrid Fund (Direct) | Axis Retirement Fund - Aggressive Plan (Direct) |
|---|---|---|
| Return (CAGR) | +8.34% | +10.31% |
| Standard deviation | 4.26% | 12.56% |
| Sharpe ratio | 0.54 | 0.41 |
| Sortino ratio | 0.71 | 0.55 |
| Maximum drawdown | −9.4% (23-03-2020) | −25.9% (23-03-2020) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 07-01-2013 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. Beta and alpha compare each fund with its own benchmark's TRI.
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.
Axis Conservative Hybrid Fund (Direct)
Axis Retirement Fund - Aggressive Plan (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis Conservative Hybrid Fund (Direct) | −9.4% | 13-02-2020 | 23-03-2020 | 22-06-2020 | 3 months | −2.4% |
| Axis Retirement Fund - Aggressive Plan (Direct) | −25.9% | 12-02-2020 | 23-03-2020 | 09-11-2020 | 8 months | −5.7% |
From daily values since 27-12-2019, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Conservative Hybrid Fund (Direct)
Axis Retirement Fund - Aggressive Plan (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Conservative Hybrid Fund (Direct)
Axis Retirement Fund - Aggressive Plan (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis Conservative Hybrid Fund (Direct)
Axis Retirement Fund - Aggressive Plan (Direct)
Axis Conservative Hybrid vs Axis Retirement Fund - Aggressive Plan: Portfolio Overlap
From each fund's latest monthly portfolio: Axis Conservative Hybrid Fund, September 2026; Axis Retirement Fund - Aggressive Plan, September 2026
Holdings in common
- Overlap
- 27.5%
- Held by both
- 32
- Only in Axis Conservative Hybrid
- 16
- Only in Axis Retirement Fund - Aggressive Plan
- 64
| Security | % of Axis Conservative Hybrid | % of Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| 6.79% Government of India (07/10/2034) | 11.70% | 5.14% |
| 7.18% Government of India (24/07/2037) | 4.13% | 2.99% |
| 7.1% Government of India (08/04/2034) | 2.30% | 6.36% |
| Reliance Industries Limited | 1.76% | 5.16% |
| ICICI Bank Limited | 1.59% | 4.93% |
| HDFC Bank Limited | 1.51% | 4.66% |
| Infosys Limited | 1.12% | 1.82% |
| 5% GMR Airports Limited (13/02/2027) | 2.45% | 1.04% |
| NTPC Limited | 0.91% | 1.40% |
| Kotak Mahindra Bank Limited | 0.90% | 2.27% |
| State Bank of India | 0.84% | 2.12% |
| Bharti Airtel Limited | 0.84% | 2.73% |
| Divi's Laboratories Limited | 0.63% | 1.34% |
| Larsen & Toubro Limited | 0.55% | 2.01% |
| Mahindra & Mahindra Limited | 0.54% | 2.14% |
| Cipla Limited | 1.01% | 0.53% |
| HDFC Life Insurance Company Limited | 0.49% | 0.77% |
| Apollo Hospitals Enterprise Limited | 0.49% | 1.13% |
| Titan Company Limited | 0.47% | 0.57% |
| Britannia Industries Limited | 0.47% | 0.71% |
| Cholamandalam Investment and Finance Company Ltd | 1.12% | 0.44% |
| Axis Bank Limited | 0.33% | 1.28% |
| ITC Limited | 0.51% | 0.31% |
| Sun Pharmaceutical Industries Limited | 0.28% | 0.81% |
| Tech Mahindra Limited | 0.24% | 0.49% |
| Tata Consultancy Services Limited | 0.22% | 0.50% |
| Bajaj Finance Limited | 0.18% | 1.69% |
| Hindustan Unilever Limited | 0.15% | 0.32% |
| InterGlobe Aviation Limited | 0.14% | 0.86% |
| HCL Technologies Limited | 0.09% | 0.15% |
| Sundaram Finance Limited | 0.03% | 0.44% |
| Tata Motors Ltd | 0.03% | 0.31% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 27.5% means 27.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis Conservative Hybrid Fund
| Security | % of fund |
|---|---|
| 7.18% Government of India (14/08/2033) | 15.71% |
| 6.94% Government of India (11/05/2036) | 13.59% |
| 7.64% Power Finance Corporation Limited (22/02/2033) | 6.82% |
| Bamboo Hotel And Global Centre (Delhi) Private limited (31/01/2028) | 2.31% |
| Muthoot Finance Limited (26/07/2029) (FRN) | 2.30% |
Largest holdings only in Axis Retirement Fund - Aggressive Plan
| Security | % of fund |
|---|---|
| 7.25% Government of India (12/06/2063) | 3.52% |
| Solar Industries India Limited | 1.53% |
| Eternal Limited | 1.47% |
| 7.57% Government of India (17/06/2033) | 1.38% |
| Minda Corporation Limited | 1.29% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis Conservative Hybrid | Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| Equity | 18.0% | 72.8% |
| Debt | 74.4% | 21.9% |
| Cash and others | 7.6% | 5.2% |
Market cap of stocks
| Market cap | Axis Conservative Hybrid | Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| Large Cap | 17.9% | 52.3% |
| Mid Cap | 0.0% | 10.8% |
| Small Cap | 0.0% | 9.8% |
Share of the whole fund. Groups follow AMFI's latest list: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.
Largest sectors
| Sector | Axis Conservative Hybrid | Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| Banks | 5.2% | 15.7% |
| Petroleum Products | 1.8% | 5.2% |
| Finance | 1.3% | 4.9% |
| Pharmaceuticals & Biotechnology | 1.9% | 4.4% |
| IT - Software | 2.1% | 3.8% |
| Auto Components | 0.0% | 3.5% |
| Power | 0.9% | 2.1% |
The six largest sectors of each fund's stocks, % of the fund.
Axis Conservative Hybrid vs Axis Retirement Fund - Aggressive Plan: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis Conservative Hybrid Fund | Axis Retirement Fund - Aggressive Plan |
|---|---|---|
| Total expense ratio (Direct) | 1.16% | 1.26% |
| Base expense ratio (Direct) | 0.98% | 1.00% |
| Total expense ratio (Regular) | 2.15% | 2.51% |
| Base expense ratio (Regular) | 1.85% | 2.05% |
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, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Axis Conservative Hybrid with
- Axis Conservative Hybrid vs Parag Parikh Conservative Hybrid
- Axis Conservative Hybrid vs HSBC Conservative Hybrid
- Axis Conservative Hybrid vs ICICI Prudential Conservative Hybrid
- Axis Conservative Hybrid vs Nippon India Conservative Hybrid
- Axis Conservative Hybrid vs Aditya Birla Sun Life Conservative Hybrid
Axis Conservative Hybrid Fund vs Axis Retirement Fund - Aggressive Plan: Frequently Asked Questions
What is the difference between Axis Conservative Hybrid Fund and Axis Retirement Fund - Aggressive Plan?
Axis Conservative Hybrid Fund is a Conservative Hybrid fund, Axis Retirement Fund - Aggressive Plan is a Solution fund, run by Axis Mutual Fund. Their portfolios overlap 27.5%. Axis Conservative Hybrid Fund charges 1.16% a year and Axis Retirement Fund - Aggressive Plan 1.26%.
Which has given higher returns, Axis Conservative Hybrid Fund or Axis Retirement Fund - Aggressive Plan?
Over 1 year: Axis Conservative Hybrid Fund −0.11%, Axis Retirement Fund - Aggressive Plan −5.18%. Over 3 years: Axis Conservative Hybrid Fund +6.52% a year, Axis Retirement Fund - Aggressive Plan +10.83% a year. Over 5 years: Axis Conservative Hybrid Fund +5.66% a year, Axis Retirement Fund - Aggressive Plan +6.66% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis Conservative Hybrid Fund or Axis Retirement Fund - Aggressive Plan?
Axis Conservative Hybrid Fund charges less: 1.16% a year against 1.26%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis Conservative Hybrid Fund and Axis Retirement Fund - Aggressive Plan overlap?
27.5%. They hold 32 of the same securities, the largest shared ones being 6.79% Government of India (07/10/2034), 7.18% Government of India (24/07/2037), 7.1% Government of India (08/04/2034). From each fund's latest monthly portfolio.
Which is riskier, Axis Conservative Hybrid Fund or Axis Retirement Fund - Aggressive Plan?
On SEBI's riskometer, Axis Conservative Hybrid Fund is rated Moderately High and Axis Retirement Fund - Aggressive Plan Very High. Over 3 years, the standard deviation of daily returns was 3.42% and 10.95% a year.
Which is better for SIP, Axis Conservative Hybrid Fund or Axis Retirement Fund - Aggressive Plan?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,00,374 in Axis Conservative Hybrid Fund (XIRR 5.4% a year) and ₹7,35,217 in Axis Retirement Fund - Aggressive Plan (XIRR 7.3% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Axis Conservative Hybrid Fund and Axis Retirement Fund - Aggressive Plan?
Yes. 27.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis Conservative Hybrid Fund and Axis Retirement Fund - Aggressive Plan?
Axis Conservative Hybrid Fund: Devang Shah, Sachin Jai, Jayesh Sundar. Axis Retirement Fund - Aggressive Plan: Jayesh Sundar, Devang Shah, Hardik Shah, Krishnaa N.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
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.