Axis Retirement Savings Fund - Dynamic Plan Direct Growth
HybridRetirementVery High Risk
Direct
NAV (25-Jul-24)
₹20.500.20%1D
Returns (Since Inception)
16.90%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹367 Cr
Expense Ratio
1.04%
ISIN
INF846K01T28
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
20 Dec 2019
About this fund
Axis Retirement Savings Fund - Dynamic Plan Direct Growth is a Retirement mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 4 years, 7 months and 6 days, having been launched on 20-Dec-19.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹20.50, Assets Under Management (AUM) of 366.98 Crores, and an expense ratio of 1.04%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹20.50, Assets Under Management (AUM) of 366.98 Crores, and an expense ratio of 1.04%.
- Axis Retirement Savings Fund - Dynamic Plan Direct Growth has given a CAGR return of 16.90% since inception.
- The fund's asset allocation comprises around 87.96% in equities, 9.47% in debts, and 2.57% in cash & cash equivalents.
- You can start investing in Axis Retirement Savings Fund - Dynamic Plan Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+35.76%
— (Cat Avg.)
3 Years
+15.20%
— (Cat Avg.)
Since Inception
+16.90%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹322.78 Cr | 87.96% |
| Debt | ₹34.75 Cr | 9.47% |
| Others | ₹9.45 Cr | 2.57% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹21.63 Cr | 5.89% |
| Reliance Industries Ltd | Equity | ₹18.16 Cr | 4.95% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹15.45 Cr | 4.21% |
| HDFC Bank Ltd | Equity | ₹14.75 Cr | 4.02% |
| Infosys Ltd | Equity | ₹10.86 Cr | 2.96% |
| Pidilite Industries Ltd | Equity | ₹10.08 Cr | 2.75% |
| Tata Consultancy Services Ltd | Equity | ₹9.75 Cr | 2.66% |
| Bajaj Finance Ltd | Equity | ₹9.44 Cr | 2.57% |
| Torrent Power Ltd | Equity | ₹9.41 Cr | 2.56% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹9.18 Cr | 2.50% |
| Larsen & Toubro Ltd | Equity | ₹7.52 Cr | 2.05% |
| Info Edge (India) Ltd | Equity | ₹6.91 Cr | 1.88% |
| Mahindra & Mahindra Ltd | Equity | ₹6.77 Cr | 1.84% |
| Avenue Supermarts Ltd | Equity | ₹6.46 Cr | 1.76% |
| Net Receivables / (Payables) | Cash | ₹6.35 Cr | 1.73% |
| V-Guard Industries Ltd | Equity | ₹6.01 Cr | 1.64% |
| Minda Corp Ltd | Equity | ₹5.97 Cr | 1.63% |
| Bharti Airtel Ltd | Equity | ₹5.49 Cr | 1.50% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹5.24 Cr | 1.43% |
| Sansera Engineering Ltd | Equity | ₹5.16 Cr | 1.41% |
| Nestle India Ltd | Equity | ₹5.08 Cr | 1.38% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹5.07 Cr | 1.38% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹5.06 Cr | 1.38% |
| Sundaram Finance Ltd | Equity | ₹5.05 Cr | 1.38% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹5.03 Cr | 1.37% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹5 Cr | 1.36% |
| Mankind Pharma Ltd | Equity | ₹4.84 Cr | 1.32% |
| Apar Industries Ltd | Equity | ₹4.83 Cr | 1.32% |
| Zomato Ltd | Equity | ₹4.79 Cr | 1.31% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹4.56 Cr | 1.24% |
| Bajaj Auto Ltd | Equity | ₹4.35 Cr | 1.19% |
| Kaynes Technology India Ltd | Equity | ₹4.19 Cr | 1.14% |
| Indian Bank | Equity | ₹4.19 Cr | 1.14% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹3.95 Cr | 1.08% |
| Jyothy Labs Ltd | Equity | ₹3.88 Cr | 1.06% |
| Fortis Healthcare Ltd | Equity | ₹3.8 Cr | 1.04% |
| DLF Ltd | Equity | ₹3.78 Cr | 1.03% |
| Bharat Electronics Ltd | Equity | ₹3.55 Cr | 0.97% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹3.55 Cr | 0.97% |
| Brigade Enterprises Ltd | Equity | ₹3.41 Cr | 0.93% |
| Titagarh Rail Systems Ltd | Equity | ₹3.4 Cr | 0.93% |
| Ajanta Pharma Ltd | Equity | ₹3.4 Cr | 0.93% |
| Jupiter Life Line Hospitals Ltd | Equity | ₹3.37 Cr | 0.92% |
| SBFC Finance Ltd | Equity | ₹3.3 Cr | 0.90% |
| Can Fin Homes Ltd | Equity | ₹3.29 Cr | 0.90% |
| UNO Minda Ltd | Equity | ₹3.29 Cr | 0.90% |
| Coforge Ltd | Equity | ₹3.29 Cr | 0.90% |
| Tata Power Co Ltd | Equity | ₹3.26 Cr | 0.89% |
| SBI Life Insurance Company Limited | Equity | ₹3.2 Cr | 0.87% |
| Tata Motors Ltd | Equity | ₹3.18 Cr | 0.87% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹3.1 Cr | 0.84% |
| PNB Housing Finance Ltd | Equity | ₹3.04 Cr | 0.83% |
| Phoenix Mills Ltd | Equity | ₹2.93 Cr | 0.80% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹2.87 Cr | 0.78% |
| Abbott India Ltd | Equity | ₹2.84 Cr | 0.77% |
| Suzlon Energy Ltd | Equity | ₹2.8 Cr | 0.76% |
| Mphasis Ltd | Equity | ₹2.72 Cr | 0.74% |
| JK Cement Ltd | Equity | ₹2.49 Cr | 0.68% |
| Sona BLW Precision Forgings Ltd | Equity | ₹2.29 Cr | 0.63% |
| State Bank of India | Equity | ₹2.25 Cr | 0.61% |
| Power Grid Corp Of India Ltd | Equity | ₹2.25 Cr | 0.61% |
| United Spirits Ltd | Equity | ₹2.12 Cr | 0.58% |
| Bank of Baroda | Equity | ₹2.12 Cr | 0.58% |
| Oil & Natural Gas Corp Ltd | Equity | ₹2.11 Cr | 0.58% |
| Vardhman Textiles Ltd | Equity | ₹2.07 Cr | 0.56% |
| PI Industries Ltd | Equity | ₹2.05 Cr | 0.56% |
| Hindustan Unilever Ltd | Equity | ₹2.03 Cr | 0.55% |
| eClerx Services Ltd | Equity | ₹1.94 Cr | 0.53% |
| Anant Raj Ltd | Equity | ₹1.93 Cr | 0.53% |
| Jubilant Foodworks Ltd | Equity | ₹1.91 Cr | 0.52% |
| Voltas Ltd | Equity | ₹1.77 Cr | 0.48% |
| Hindalco Industries Ltd | Equity | ₹1.4 Cr | 0.38% |
| KEI Industries Ltd | Equity | ₹1.33 Cr | 0.36% |
| Coal India Ltd | Equity | ₹0.96 Cr | 0.26% |
| RHI Magnesita India Ltd | Equity | ₹0.95 Cr | 0.26% |
| Dixon Technologies (India) Ltd | Equity | ₹0.86 Cr | 0.23% |
| Nifty 23500 Put August 2024 Option | Equity Index - Option (Put) | ₹0.22 Cr | 0.06% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.04 Cr | 0.01% |
| Nifty 50 Index 22000 Put July 2024 Option | Equity Index - Option (Put) | ₹0.02 Cr | 0.01% |
| RITES Ltd Ordinary Shares | Equity | ₹0.01 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
51.64%
Mid Cap Stocks
17.27%
Small Cap Stocks
18.98%
Allocation By Credit Quality (Debt)
UNRATED
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹81.5 Cr | 22.21% |
| Industrials | ₹41.39 Cr | 11.28% |
| Consumer Cyclical | ₹39.79 Cr | 10.84% |
| Technology | ₹32.29 Cr | 8.80% |
| Healthcare | ₹31.38 Cr | 8.55% |
| Energy | ₹21.23 Cr | 5.79% |
| Consumer Defensive | ₹19.57 Cr | 5.33% |
| Basic Materials | ₹16.02 Cr | 4.37% |
| Utilities | ₹14.92 Cr | 4.07% |
| Communication Services | ₹12.4 Cr | 3.38% |
| Real Estate | ₹12.05 Cr | 3.28% |
Risk & Performance Ratios
Standard Deviation
This fund
11.59%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.78
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Devang Shah
Since April 2024
Nitin Arora
Since May 2023
Hardik Shah
Since April 2024
Jayesh Sundar
Since January 2024
KN
Krishnaa N
Since March 2024
Additional Scheme Detailsas of 30th June 2024
ISIN | INF846K01T28 | Expense Ratio | 1.04% | Exit Load | No Charges | Fund Size | ₹367 Cr | Age | 20 Dec 2019 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Hybrid 35+65 - Agg TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Retirement Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Retirement Savings Moderate Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2107.27 Cr | 31.1% |
| Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk | 2.2% | 1.0% | ₹174.60 Cr | 14.1% |
| Tata Retirement Savings Progressive Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2002.53 Cr | 37.2% |
| Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk | 2.2% | 0.0% | ₹894.08 Cr | 31.7% |
| Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk | 0.7% | 0.0% | ₹74.96 Cr | 19.4% |
| Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk | 0.9% | 0.0% | ₹894.08 Cr | 33.5% |
| Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk | 2.4% | 0.0% | ₹366.98 Cr | 33.9% |
| Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk | 1.0% | 0.0% | ₹366.98 Cr | 35.8% |
| Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk | 2.1% | 0.0% | ₹74.96 Cr | 17.8% |
| Franklin India Pension Plan Regular Growth Moderately High risk | 2.3% | 3.0% | ₹519.24 Cr | 18.9% |
About the AMC
Total AUM
₹2,86,505 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of Axis Retirement Savings Fund - Dynamic Plan Direct Growth?
The NAV of Axis Retirement Savings Fund - Dynamic Plan Direct Growth, as of 25-Jul-2024, is ₹20.50.
What are the returns of Axis Retirement Savings Fund - Dynamic Plan Direct Growth?
The fund has generated 35.76% over the last 1 year and 15.20% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Retirement Savings Fund - Dynamic Plan Direct Growth?
The fund's allocation of assets is distributed as 87.96% in equities, 9.47% in bonds, and 2.57% in cash and cash equivalents.
Who manages the Axis Retirement Savings Fund - Dynamic Plan Direct Growth?
The fund managers responsible for Axis Retirement Savings Fund - Dynamic Plan Direct Growth are:-
- Devang Shah
- Nitin Arora
- Hardik Shah
- Jayesh Sundar
- Krishnaa N
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.