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Axis Retirement Savings Fund - Dynamic Plan Direct Growth
HybridRetirementVery High Risk
Direct
NAV (21-Nov-24)
₹20.800.00%1D
Returns (Since Inception)
16.04%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹385 Cr
Expense Ratio
1.12%
ISIN
INF846K01T28
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
20 Dec 2019
About this fund
Axis Retirement Savings Fund - Dynamic Plan Direct Growth is a Retirement mutual fund schemes offered by Axis Mutual Fund. This fund has been in existence for 4 years, 11 months and 2 days, having been launched on 20-Dec-19.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹20.80, Assets Under Management (AUM) of 385.46 Crores, and an expense ratio of 1.12%.
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹20.80, Assets Under Management (AUM) of 385.46 Crores, and an expense ratio of 1.12%.
- Axis Retirement Savings Fund - Dynamic Plan Direct Growth has given a CAGR return of 16.04% since inception.
- The fund's asset allocation comprises around 87.22% in equities, 9.14% in debts, and 3.64% in cash & cash equivalents.
- You can start investing in Axis Retirement Savings Fund - Dynamic Plan Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+32.15%
— (Cat Avg.)
3 Years
+11.46%
— (Cat Avg.)
Since Inception
+16.04%
— (Cat Avg.)
Portfolio Summaryas of 31st October 2024
| Equity | ₹336.21 Cr | 87.22% |
| Debt | ₹35.24 Cr | 9.14% |
| Others | ₹14.01 Cr | 3.64% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹21.67 Cr | 5.62% |
| HDFC Bank Ltd | Equity | ₹17.97 Cr | 4.66% |
| 7.3% Govt Stock 2053 | Bond - Gov't/Treasury | ₹15.6 Cr | 4.05% |
| Reliance Industries Ltd | Equity | ₹15.45 Cr | 4.01% |
| Infosys Ltd | Equity | ₹12.97 Cr | 3.36% |
| Torrent Power Ltd | Equity | ₹10.46 Cr | 2.71% |
| 7.25% Govt Stock 2063 | Bond - Gov't/Treasury | ₹9.29 Cr | 2.41% |
| Bajaj Finance Ltd | Equity | ₹9.14 Cr | 2.37% |
| Clearing Corporation Of India Ltd | Cash - Repurchase Agreement | ₹8.9 Cr | 2.31% |
| Pidilite Industries Ltd | Equity | ₹8.42 Cr | 2.18% |
| Tata Consultancy Services Ltd | Equity | ₹8.2 Cr | 2.13% |
| Info Edge (India) Ltd | Equity | ₹7.58 Cr | 1.97% |
| State Bank of India | Equity | ₹7.12 Cr | 1.85% |
| Larsen & Toubro Ltd | Equity | ₹6.9 Cr | 1.79% |
| Bharti Airtel Ltd | Equity | ₹6.5 Cr | 1.69% |
| Mahindra & Mahindra Ltd | Equity | ₹6.44 Cr | 1.67% |
| Minda Corp Ltd | Equity | ₹6.37 Cr | 1.65% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹6.21 Cr | 1.61% |
| Zomato Ltd | Equity | ₹5.78 Cr | 1.50% |
| Apar Industries Ltd | Equity | ₹5.73 Cr | 1.49% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹5.55 Cr | 1.44% |
| Kaynes Technology India Ltd | Equity | ₹5.51 Cr | 1.43% |
| V-Guard Industries Ltd | Equity | ₹5.29 Cr | 1.37% |
| 7.34% Govt Stock 2064 | Bond - Gov't/Treasury | ₹5.22 Cr | 1.35% |
| 7.18% Govt Stock 2037 | Bond - Gov't/Treasury | ₹5.12 Cr | 1.33% |
| Net Receivables / (Payables) | Cash | ₹5.11 Cr | 1.32% |
| Fortis Healthcare Ltd | Equity | ₹5 Cr | 1.30% |
| Sundaram Finance Ltd | Equity | ₹4.68 Cr | 1.22% |
| Ajanta Pharma Ltd | Equity | ₹4.11 Cr | 1.07% |
| Apollo Hospitals Enterprise Ltd | Equity | ₹4.03 Cr | 1.05% |
| PNB Housing Finance Ltd | Equity | ₹3.92 Cr | 1.02% |
| HDFC Life Insurance Co Ltd | Equity | ₹3.9 Cr | 1.01% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹3.88 Cr | 1.01% |
| Indian Bank | Equity | ₹3.84 Cr | 1.00% |
| DLF Ltd | Equity | ₹3.75 Cr | 0.97% |
| Jupiter Life Line Hospitals Ltd | Equity | ₹3.49 Cr | 0.91% |
| SBFC Finance Ltd | Equity | ₹3.48 Cr | 0.90% |
| PI Industries Ltd | Equity | ₹3.34 Cr | 0.87% |
| Anant Raj Ltd | Equity | ₹3.33 Cr | 0.86% |
| Tata Power Co Ltd | Equity | ₹3.26 Cr | 0.84% |
| Mankind Pharma Ltd | Equity | ₹3.17 Cr | 0.82% |
| Sansera Engineering Ltd | Equity | ₹3.1 Cr | 0.80% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹3.05 Cr | 0.79% |
| Coforge Ltd | Equity | ₹3.05 Cr | 0.79% |
| Abbott India Ltd | Equity | ₹2.98 Cr | 0.77% |
| Coal India Ltd | Equity | ₹2.95 Cr | 0.76% |
| GE Vernova T&D India Ltd | Equity | ₹2.9 Cr | 0.75% |
| Oil & Natural Gas Corp Ltd | Equity | ₹2.85 Cr | 0.74% |
| Hindustan Unilever Ltd | Equity | ₹2.75 Cr | 0.71% |
| Power Grid Corp Of India Ltd | Equity | ₹2.69 Cr | 0.70% |
| Brigade Enterprises Ltd | Equity | ₹2.66 Cr | 0.69% |
| Mphasis Ltd | Equity | ₹2.64 Cr | 0.69% |
| Bharat Electronics Ltd | Equity | ₹2.57 Cr | 0.67% |
| Jyothy Labs Ltd | Equity | ₹2.55 Cr | 0.66% |
| Jyoti CNC Automation Ltd | Equity | ₹2.5 Cr | 0.65% |
| Phoenix Mills Ltd | Equity | ₹2.49 Cr | 0.65% |
| Tata Motors Ltd | Equity | ₹2.46 Cr | 0.64% |
| JK Cement Ltd | Equity | ₹2.45 Cr | 0.64% |
| SBI Life Insurance Co Ltd | Equity | ₹2.43 Cr | 0.63% |
| United Spirits Ltd | Equity | ₹2.41 Cr | 0.63% |
| Bank of Baroda | Equity | ₹2.37 Cr | 0.62% |
| Suzlon Energy Ltd | Equity | ₹2.36 Cr | 0.61% |
| Can Fin Homes Ltd | Equity | ₹2.34 Cr | 0.61% |
| Avenue Supermarts Ltd | Equity | ₹2.34 Cr | 0.61% |
| Bharat Petroleum Corp Ltd | Equity | ₹2.3 Cr | 0.60% |
| Cipla Ltd | Equity | ₹2.29 Cr | 0.59% |
| eClerx Services Ltd | Equity | ₹2.27 Cr | 0.59% |
| Arvind Fashions Ltd | Equity | ₹2.2 Cr | 0.57% |
| Vardhman Textiles Ltd | Equity | ₹2.03 Cr | 0.53% |
| Jubilant Foodworks Ltd | Equity | ₹1.95 Cr | 0.51% |
| Bharat Dynamics Ltd Ordinary Shares | Equity | ₹1.94 Cr | 0.50% |
| Sona BLW Precision Forgings Ltd | Equity | ₹1.92 Cr | 0.50% |
| REC Ltd | Equity | ₹1.88 Cr | 0.49% |
| Bajaj Auto Ltd | Equity | ₹1.75 Cr | 0.45% |
| Zydus Lifesciences Ltd | Equity | ₹1.64 Cr | 0.43% |
| Nifty 25500 Put November 2024 Option | Equity Index - Option (Put) | ₹1.53 Cr | 0.40% |
| Voltas Ltd | Equity | ₹1.44 Cr | 0.37% |
| Hindalco Industries Ltd | Equity | ₹1.39 Cr | 0.36% |
| Titagarh Rail Systems Ltd | Equity | ₹1.38 Cr | 0.36% |
| UNO Minda Ltd | Equity | ₹1.26 Cr | 0.33% |
| Nestle India Ltd | Equity | ₹1.22 Cr | 0.32% |
| KEI Industries Ltd | Equity | ₹1.22 Cr | 0.32% |
| Voltamp Transformers Ltd | Equity | ₹1.21 Cr | 0.31% |
| Techno Electric & Engineering Co Ltd | Equity | ₹1.14 Cr | 0.30% |
| Samvardhana Motherson International Ltd | Equity | ₹1.07 Cr | 0.28% |
| Hyundai Motor India Ltd | Equity | ₹0.92 Cr | 0.24% |
| RHI Magnesita India Ltd | Equity | ₹0.88 Cr | 0.23% |
| Varun Beverages Ltd | Equity | ₹0.75 Cr | 0.19% |
| Computer Age Management Services Ltd Ordinary Shares | Equity | ₹0.73 Cr | 0.19% |
| Dixon Technologies (India) Ltd | Equity | ₹0.36 Cr | 0.09% |
| Nifty 23500 Put December 2024 Option | Equity Index - Option (Put) | ₹0.11 Cr | 0.03% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.04 Cr | 0.01% |
| RITES Ltd Ordinary Shares | Equity | ₹0.01 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
50.87%
Mid Cap Stocks
20.39%
Small Cap Stocks
17.25%
Allocation By Credit Quality (Debt)
UNRATED
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹91.74 Cr | 23.80% |
| Industrials | ₹42.99 Cr | 11.15% |
| Healthcare | ₹38.48 Cr | 9.98% |
| Consumer Cyclical | ₹37.26 Cr | 9.67% |
| Technology | ₹30.21 Cr | 7.84% |
| Energy | ₹23.54 Cr | 6.11% |
| Utilities | ₹16.41 Cr | 4.26% |
| Basic Materials | ₹15.6 Cr | 4.05% |
| Communication Services | ₹14.09 Cr | 3.65% |
| Real Estate | ₹12.24 Cr | 3.17% |
| Consumer Defensive | ₹12.01 Cr | 3.12% |
Risk & Performance Ratios
Standard Deviation
This fund
11.88%
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
0.57
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
Devang Shah
Since April 2024
Nitin Arora
Since May 2023
Hardik Shah
Since April 2024
Jayesh Sundar
Since January 2024
KN
Krishnaa N
Since March 2024
Additional Scheme Detailsas of 31st October 2024
ISIN INF846K01T28 | Expense Ratio 1.12% | Exit Load No Charges | Fund Size ₹385 Cr | Age 4 years 11 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark CRISIL Hybrid 35+65 - Agg TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Retirement Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Retirement Savings Moderate Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2161.97 Cr | 21.4% |
| Tata Retirement Savings Conservative Fund Regular Growth Moderately High risk | 2.2% | 1.0% | ₹174.39 Cr | 11.1% |
| Tata Retirement Savings Progressive Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2088.63 Cr | 23.4% |
| Axis Retirement Savings Fund - Aggressive Plan Regular Growth Very High Risk | 2.2% | 0.0% | ₹922.37 Cr | 25.4% |
| Axis Retirement Savings Fund - Conservative Plan Direct Growth High Risk | 0.7% | 0.0% | ₹73.62 Cr | 16.4% |
| Axis Retirement Savings Fund - Aggressive Plan Direct Growth Very High Risk | 0.9% | 0.0% | ₹922.37 Cr | 27.0% |
| Axis Retirement Savings Fund - Dynamic Plan Regular Growth Very High Risk | 2.4% | 0.0% | ₹385.46 Cr | 30.4% |
| Axis Retirement Savings Fund - Dynamic Plan Direct Growth Very High Risk | 1.1% | 0.0% | ₹385.46 Cr | 32.1% |
| Axis Retirement Savings Fund - Conservative Plan Regular Growth High Risk | 2.1% | 0.0% | ₹73.62 Cr | 14.8% |
| Franklin India Pension Plan Regular Growth Moderately High risk | 2.3% | 3.0% | ₹511.17 Cr | 15.7% |
About the AMC
Axis Mutual Fund
Total AUM
₹3,29,913 Cr
Address
Axis House, 1st Floor, C-2, Wadia International Centre, Mumbai, 400 025
Other Funds by Axis Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Axis Retirement Savings Fund - Dynamic Plan Direct Growth?
The NAV of Axis Retirement Savings Fund - Dynamic Plan Direct Growth, as of 21-Nov-2024, is ₹20.80.
What are the returns of Axis Retirement Savings Fund - Dynamic Plan Direct Growth?
The fund has generated 32.15% over the last 1 year and 11.46% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Axis Retirement Savings Fund - Dynamic Plan Direct Growth?
The fund's allocation of assets is distributed as 87.22% in equities, 9.14% in bonds, and 3.64% in cash and cash equivalents.
Who manages the Axis Retirement Savings Fund - Dynamic Plan Direct Growth?
The fund managers responsible for Axis Retirement Savings Fund - Dynamic Plan Direct Growth are:-
- Devang Shah
- Nitin Arora
- Hardik Shah
- Jayesh Sundar
- Krishnaa N
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.