Overview
Axis Retirement Fund Dynamic Plan Direct Growth
Axis Mutual Fund
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.
Investments in Axis Retirement Fund Dynamic Plan Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 20.68
Fund Size (AUM)
₹325.51 Cr
Risk
Moderately High (Risk rating: 4/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹1000
Launch Date
20-Dec-2019
Expense Ratio
1.3%
Exit Load
Nil
Benchmark
CRISIL Hybrid 35+65 Aggressive Index
Standard Deviation
12.95
History
Performance & Ratios
1-Year SIP Return
-10.14%
3-Year SIP Return
13.0%
5-Year SIP Return
13.09%
Mean Return
-
Alpha
2.11
Beta
1.16
Sharpe Ratio
0.62
Sortino Ratio
0.93
Information Ratio
0.62
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 12.5% | 14.73% | 17.52% | 21.35% |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 8 | 3 | 7 | N/A |
Holdings (86)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 6.41% |
| HDFC Bank Ltd. | Financial | Equity | 5.82% |
| GOI | Sovereign | GOI Sec | 4.83% |
| Reliance Industries Ltd. | Energy | Equity | 4.54% |
| Infosys Ltd. | Technology | Equity | 3.56% |
| Bajaj Finance Ltd. | Financial | Equity | 3.3% |
| GOI | Sovereign | GOI Sec | 2.88% |
| Bharti Airtel Ltd. | Communication | Equity | 2.37% |
| Pidilite Industries Ltd. | Chemicals | Equity | 2.34% |
| Larsen & Toubro Ltd. | Construction | Equity | 2.23% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 1000
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 7, 10, 15, 25
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 5, 10, 15, 25
Min Amount: ₹ 1000
Min Installments: 6
AMC Details
Asset Management Company
Axis Mutual Fund
Axis Mutual Fund started their mutual fund on 04/09/2009 and its managing total assets of ₹69,145 Cr. Its ranked at 10 as per total assets at end of 30th Sep 2017. Axis Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Axis mutual fund was established in October 2009 and since then it has made a mark in the mutual fund industry. Axis mutual fund claims that the reason for it to reach the peak of success is because of the three principles they follow strictly, which is, long-term wealth creation, customer's view and long-term relationship.
Axis Mutual Fund houses more than 50 schemes, it has over 20 lac investors investing with them and is present in over 90 cities.Their main motto is to take any fund decision keeping a customer centric approach in mind. The AMC commits to keep investors at the heart of every decision.
They also believe in leveraging the equity of the brand 'Axis' and aim at building a relationship with stakeholders. Axis wants its investors to think long-term when it comes to mutual fund investing and they want their investors to optimize their money through mutual funds.
Launch Date
2009-09-04T00:00:00.236Z
Total AUM
₹ 305435.43 Cr
Address
23rd Floor, One Lodha Place,S. B. Road, Lower Parel. Mumbai 400013
Phone
022-24255161
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Axis Retirement Fund Dynamic Plan Direct Growth
Axis Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Axis Retirement Fund Dynamic Plan Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Axis Retirement Fund Dynamic Plan Direct Growth?
The top stocks held by Axis Retirement Fund Dynamic Plan Direct Growth include ICICI Bank Ltd., HDFC Bank Ltd., GOI.
Which industries does Axis Retirement Fund Dynamic Plan Direct Growth invest in?
Axis Retirement Fund Dynamic Plan Direct Growth primarily invests in the following industries: Financial, Sovereign, Energy.
Who are the fund managers of Axis Retirement Fund Dynamic Plan Direct Growth?
The fund managers of Axis Retirement Fund Dynamic Plan Direct Growth are Devang Shah and Hardik Shah and Jayesh Sundar and Krishnaa Narayan.
How many years has the fund manager been managing Axis Retirement Fund Dynamic Plan Direct Growth?
Devang Shah:
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Hardik Shah:
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Jayesh Sundar:
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Krishnaa Narayan:
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What is the minimum investment for Axis Retirement Fund Dynamic Plan Direct Growth?
The minimum investment for Axis Retirement Fund Dynamic Plan Direct Growth is ₹5000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for Axis Retirement Fund Dynamic Plan Direct Growth?
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What are the average 3-year returns for Axis Retirement Fund Dynamic Plan Direct Growth?
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What is the expense ratio of Axis Retirement Fund Dynamic Plan Direct Growth, and how does it compare to its category?
The expense ratio of Axis Retirement Fund Dynamic Plan Direct Growth is 1.3%. The average expense ratio for similar funds in the Hybrid is Calculating....