Axis Retirement Savings Fund Dynamic Plan Direct Growth+0.19%

0.00%
1 Year Return
Hybrid
Multi Asset Allocation
3.0star
6M
All

Fund Details

Axis Retirement Savings Fund Dynamic Plan Direct Growth

RiskModerately High
Min SIP Amount₹1000
Expense Ratio0.53%
NAV10.31 (29 Oct 2020)
Fund Started28 Nov 2019
Fund Size235 Cr

Comparison

Data not available
Pros
1. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. Risk-adjusted returns are lower compared to the category

Top Holdings

NameSectorInstrument% Assets
Bajaj Finance Ltd.FinancialEquity9.4%
GOISovereignCGL6.5%
Nestle India Ltd.FMCGEquity6.3%
Tata Consultancy Services Ltd.TechnologyEquity4.8%
Info Edge (India) Ltd.ServicesEquity4.8%
Torrent Power Ltd.EnergyEquity4.5%
Avenue Supermarts Ltd.ServicesEquity4.1%
Pidilite Industries Ltd.ChemicalsEquity4.1%
Hindustan Unilever Ltd.FMCGEquity3.9%
Kotak Mahindra Bank Ltd.FinancialEquity3.9%
See All

Fund Managers

addR Sivakumar
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.
Funds Managed
addJinesh Gopani
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.
Funds Managed

Axis Retirement Savings Fund Dynamic Plan Direct Growth Details

Axis Retirement Savings Fund Dynamic Plan Direct Growth is a Hybrid Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 28 Nov 2019. Jinesh Gopani is the Current Fund Manager of Axis Retirement Savings Fund Dynamic Plan Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹235 Cr and the Latest NAV as of 29 Oct 2020 is ₹10.31.

The Axis Retirement Savings Fund Dynamic Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

Investment Objective

The schemes seeks to generating capital appreciation by investing in equity and equity related securities as well as generating income by investing in debt and money market securities, while attempting to manage risk from the market through active asset allocation.

Tax Implications

Returns are taxed as per your Income Tax slab, if sold before 3 years and 20% with indexation benefit post 3 years.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Nil
Exit Load

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About Axis Mutual Fund

Address
Axis House, 1st Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai 400025
Phone
022-43255161
Launch Date
04 Sep 2009
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,
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