Fund Details
Axis Retirement Savings Fund Dynamic Plan Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.53% |
| NAV | ₹11.86 (25 Jan 2021) |
|---|---|
| Fund Started | 28 Nov 2019 |
| Fund Size | ₹256 Cr |
Returns
Comparison
1. Exit load is zero
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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Bajaj Finance Ltd. | Financial | Equity | 10.0% |
| Nestle India Ltd. | FMCG | Equity | 5.9% |
| Info Edge (India) Ltd. | Services | Equity | 5.2% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 5.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 4.5% |
| Avenue Supermarts Ltd. | Services | Equity | 4.2% |
| Pidilite Industries Ltd. | Chemicals | Equity | 4.1% |
| GOI | Sovereign | CGL | 4.1% |
| HDFC Bank Ltd. | Financial | Equity | 4.0% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 3.9% |
Fund Managers
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 ₹256 Cr and the Latest NAV as of 25 Jan 2021 is ₹11.86.
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.
