Axis Retirement Savings Fund Dynamic Plan Direct Growth

Solution Oriented
Retirement
Moderately High Risk
5Y Lock In
15.70%
3Y annualised
-0.07% 1D
1M
6M
1Y
3Y
All
NAV: 24 Mar 2023₹13.30
Min. SIP amount₹1,000
Rating2
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
6M1Y3YAll
Fund returnsNA-1.3%15.7%9.3%
Category averageNA2.5%17.9%NA
Rank with in categoryNA2715NA
Understand terms

Holdings (22)

NameSectorInstrumentAssets
Pidilite Industries Ltd.ChemicalsEquity8.9%
Torrent Power Ltd.EnergyEquity8.7%
Kotak Mahindra Bank Ltd.FinancialEquity7.3%
Bajaj Finance Ltd.FinancialEquity7.3%
ICICI Bank Ltd.FinancialEquity5.9%
Nestle India Ltd.Consumer StaplesEquity5.7%
Info Edge (India) Ltd.ServicesEquity5.4%
Avenue Supermarts Ltd.ServicesEquity4.9%
TTK Prestige Ltd.Consumer DiscretionaryEquity4.6%
Tata Consultancy Services Ltd.TechnologyEquity4.3%
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 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 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 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
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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