Fund Details
Axis Retirement Savings Fund Dynamic Plan Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.39% |
| NAV | ₹12.84 (24 Jun 2021) |
|---|---|
| Fund Started | 20 Dec 2019 |
| Fund Size | ₹265 Cr |
Returns
Comparison
1. 1Y Returns are higher than the category average returns
2. 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. Higher expense ratio - 2.39%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Pidilite Industries Ltd. | Chemicals | Equity | 10.6% |
| Bajaj Finance Ltd. | Financial | Equity | 10.2% |
| TTK Prestige Ltd. | Cons Durable | Equity | 7.6% |
| Nestle India Ltd. | FMCG | Equity | 5.5% |
| Torrent Power Ltd. | Energy | Equity | 5.1% |
| ICICI Bank Ltd. | Financial | Equity | 4.7% |
| Sundaram Finance Ltd. | Financial | Equity | 4.6% |
| Info Edge (India) Ltd. | Services | Equity | 4.6% |
| Avenue Supermarts Ltd. | Services | Equity | 4.5% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.4% |
Fund Managers
Axis Retirement Savings Fund Dynamic Plan Regular Growth Details
Axis Retirement Savings Fund Dynamic Plan Regular Growth is a Solution Oriented Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 20 Dec 2019. R Sivakumar is the Current Fund Manager of Axis Retirement Savings Fund Dynamic Plan Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹265 Cr and the Latest NAV as of 24 Jun 2021 is ₹12.84.
The Axis Retirement Savings Fund Dynamic Plan Regular 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.
