Axis Retirement Fund Dynamic Direct Growth

Axis Retirement Fund Dynamic Direct Growth is a hybrid fund. This fund was started on 20 December, 2019. The fund is managed by Hardik Shah, Devang Shah. This fund gives you the benefit of diversification.

1. Axis Retirement Fund Dynamic Direct Growth has ₹332 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 1.3.
   

Axis Retirement Fund Dynamic Direct Growth has given a CAGR return of 15.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.61%, 19.52% and 17.43% respectively.

Axis Retirement Fund Dynamic Direct Growth has allocated its funds majorly in Government, Financial Services, Cash Equivalent, Industrial, Health, Tech, Consumer Cyclical, Energy, Basic Materials, Communication, Consumer Defensive, Real Estate, Utilities.

As it is a retirement mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the Investment Plan(s) under the Scheme is to provide long-term capital appreciation / income by investing in a mix of equity, debt and other instruments to help investors meet their retirement goals. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Investment Plan has a dual objective of 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. The Investment Plan may also invest in units of Gold ETF or units of REITs & InvITs for income generation / wealth creation.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. There is a lock in period for Axis Retirement Fund Dynamic Direct Growth of 5 Years