1M
6M
1Y
3Y
All
| NAV: 24 Mar 2023 | ₹13.30 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹270.78Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Solution Oriented Retirement
Annualised returns
Absolute returns
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | -1.3% | 15.7% | 9.3% |
| Category average | NA | 2.5% | 17.9% | NA |
| Rank with in category | NA | 27 | 15 | NA |
Understand terms
Holdings (22)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
| Pidilite Industries Ltd. | Chemicals | Equity | 8.9% |
| Torrent Power Ltd. | Energy | Equity | 8.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 7.3% |
| Bajaj Finance Ltd. | Financial | Equity | 7.3% |
| ICICI Bank Ltd. | Financial | Equity | 5.9% |
| Nestle India Ltd. | Consumer Staples | Equity | 5.7% |
| Info Edge (India) Ltd. | Services | Equity | 5.4% |
| Avenue Supermarts Ltd. | Services | Equity | 4.9% |
| TTK Prestige Ltd. | Consumer Discretionary | Equity | 4.6% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.3% |
See All
Pros and cons
Category: Solution Oriented Retirement
Pros
Cons
Exit load is zero
Consistently lower annualised returns than category average for the past 1Y and 3Y
Lower expense ratio: 0.6%
Lock-in period: 5Y
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.60%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
Fund management
R SivakumarNov 2019 - PresentView details
R Sivakumar
Nov 2019 - Present
View details
Education
Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.
Experience
Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.
Also manages these schemes
Jinesh GopaniNov 2019 - PresentView details
Jinesh Gopani
Nov 2019 - Present
View details
Education
Mr. Gopani is a B. Com (H) and MMS from Bharati Vidyapeeth Institute of Management Studies and Research.
Experience
Prior to joining Axis AMC he has worked with Birla Sun Life AMC, Voyager India Capital Pvt. Ltd., Emkay Shares & Stock Brokers Limited and Net worth Stock Broking Limited.
Also manages these schemes
Vinayak JayanathJan 2023 - PresentView details
Vinayak Jayanath
Jan 2023 - Present
View details
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
Website
NA
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Axis Retirement Savings Fund Dynamic Plan Direct Growth
VS
Add mutual fund to compare