Axis Retirement Savings Fund - Dynamic Plan Direct Growth
Axis Retirement Savings Fund - Dynamic Plan Direct Growth

Axis Retirement Savings Fund - Dynamic Plan Direct Growth

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Hybrid
Direct
Retirement

NAV: ₹ 13.5 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
22 people have invested ₹ 77.4K in mutual fund in the last three months

Fund Insights

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In the last 1 year, HDFC Retirement Savings Fund - Equity Plan - Direct Plan has given 11.84% return, outperforming this fund by 15.42%

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In the last 3 years, HDFC Retirement Savings Fund - Equity Plan - Direct Plan has given 23.08% return, outperforming this fund by 13.76% per annum

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This fund has one of the lowest expense ratio in the category (retirement). Its expense ratio is 0.6% which is lower than the category average expense ratio of 1.51%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
This Fund
-1.2%
-5.1%
-4.9%
-3.6%
9.3%
Benchmark
-
-
-
-
-
About the Fund

Axis Retirement Savings Fund - Dynamic Plan Direct Growth is a hybrid fund. This fund was started on  20 December, 2019. The fund is managed by Jinesh Gopani, R Sivakumar, Vinayak Jayanath. This fund gives you the benefit of diversification.

Key parameters

1) Axis Retirement Savings Fund - Dynamic Plan Direct Growth has a NAV of 13.47 as on 08-02-2023.

2) Axis Retirement Savings Fund - Dynamic Plan Direct Growth has 284 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.6 %.

Fund Overview

Expense ratio
Expense ratio
0.6%
Benchmark
Benchmark
NIFTY 50 Hybrid Composite Debt 65:35 INR
AUM
AUM
₹284 Cr
Inception Date
Inception Date
20 December, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
5 Years
TurnOver
TurnOver
17.59%

Fund Distribution as on (31-Dec-22)

  • Equity 82%
  • Debt & Cash 18%
Size breakup
Large cap
54.9%
Mid cap
18.4%
Small cap
8.3%

Sector Allocation

Dec'22

Nov'22

Oct'22

Financial Services

34.9%

Consumer Defensive

13.7%

Basic Materials

11.5%

Utilities

9.8%

Consumer Cyclical

9.4%

Communication

7%

Industrial

6.1%

Tech

5%

Health

2.6%

Top Holdings as on (31-Dec-69)

  • Equity
  • Debt & Cash
Equity Holdings17
Debt Holdings4

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 11.9 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 284.5 Cr
Nov'22
₹ 296.4 Cr
Oct'22
₹ 297.3 Cr

Fund Returns vs Benchmark

Jan'23
9.64%
2.58%
Dec'22
-2.56%
-0.68%
Nov'22
4.25%
1.36%
Fund Return
Benchmark Return

Concentration Analysis as on (31-Dec-22)

Fund
Dec'22
Nov'22
Oct'22
No of Holdings
23
21
21
Top 5 Company Concentration
38.1%
39%
36.1%
Company having highest exposure
Pidilite Industries Ltd (9.4%)
Pidilite Industries Ltd (9.8%)
Pidilite Industries Ltd (9.1%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
68.9%
70.7%
73.3%
Sector having highest exposure
Financial Services (28.6%)
Financial Services (28.3%)
Financial Services (24.9%)

Fund Manager

Jinesh Gopani

Jinesh Gopani

Fund Manager of Axis Retirement Savings Fund - Dynamic Plan Direct Growth, since 20 December 2019
R Sivakumar

R Sivakumar

Fund Manager of Axis Retirement Savings Fund - Dynamic Plan Direct Growth, since 20 December 2019
Vinayak Jayanath

Vinayak Jayanath

Fund Manager of Axis Retirement Savings Fund - Dynamic Plan Direct Growth, since 17 January 2023

AMC details

Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹2.47L Cr
as on 31-Dec-2022
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Email
customerservice@axismf.com

Fund Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 9.96% since inception which is more than its category average return of 8.17%
Fund Allocations

Fund Allocations

This fund has an allocation of 82.03% in Equity, 7% in Debt and 10.97% in Cash related instruments
AUM size ₹284 Cr

AUM size ₹284 Cr

This fund has AUM of ₹284 Cr which is less than its category average of ₹ 548 Cr
Expense Ratio 0.6%

Expense Ratio 0.6%

This fund has an expense ratio of 0.6% which is less than its category average expense ratio of 1.58%

Frequently Asked Questions

The current NAV of Axis Retirement Savings Fund - Dynamic Plan Direct Growth is 13.36 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Axis Retirement Savings Fund - Dynamic Plan Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.42%
-2.42%
6 Month Returns
-5.94%
-5.94%
1 Year Returns
-6.92%
-6.92%
3 Years Returns
29.47%
8.99%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.6 as on January 2023
284 Cr as on January 2023
Pidilite Industries Ltd(9.43%),Torrent Power Ltd(8.05%),Bajaj Finance Ltd(7.44%),Kotak Mahindra Bank Ltd(7.34%),ICICI Bank Ltd(5.85%) as on January 2023
Financial Services(28.62%),Cash Equivalent(11.53%),Consumer Defensive(11.21%) as on January 2023
AAA
100
Jinesh Gopani,R Sivakumar,Vinayak Jayanath are the fund managers of Axis Retirement Savings Fund - Dynamic Plan Direct Growth
The Exit load of Axis Retirement Savings Fund - Dynamic Plan Direct Growth is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.