Axis Retirement Fund Dynamic Direct Growth

Axis Retirement Fund Dynamic Direct Growth

NAV as on 17-04-2025

₹ 20.45

1%

1D

Inception Returns

14.4%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
56 people have invested ₹ 2.9L in Axis Retirement Fund Dynamic Direct Growth in the last three months

About 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 Devang Shah, Hardik Shah. This fund gives you the benefit of diversification.

Key Parameters

  1. Axis Retirement Fund Dynamic Direct Growth has ₹326 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 1.3.

Returns

Axis Retirement Fund Dynamic Direct Growth has given a CAGR return of 14.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.08%, 14.04% and 16.99% respectively.

Holdings

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

Taxation

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).

Investment objective of Axis Retirement Fund Dynamic Direct Growth

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 and lockin period

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

Axis Retirement Fund Dynamic Direct Growth Overview

Expense ratio1.29%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹326 Cr
Inception Date20 December, 2019
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock In5 Years
TurnOver
70.56%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (17-Apr-25)

Period
Axis Retirement Fund Dynamic Direct Growth
Retirement Index
1M
5.9%
-
3M
-1.6%
-
6M
-5.5%
-
1Y
11.1%
-
3Y
14%
-
5Y
17%
-

Fund Distribution

as on (31-Mar-25)

  • Equity 84.7%

  • Debt & Cash 15.3%

Large cap
55.1%

Mid cap
16.2%

Small cap
13.2%

Sector Allocation

Mar'25

Feb'25

Jan'25

Financial Services
31.4%
Industrial
11.5%
Health
11.3%
Tech
10.3%
Energy
7.7%
Consumer Cyclical
7.3%
Basic Materials
5.1%
Communication
4.2%
Consumer Defensive
4%
Real Estate
3.7%
Utilities
3.5%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 325.5 Cr
₹ 308.7 Cr
₹ 340.6 Cr
  • AUM of the fund stands at 325.5 Cr as of Mar'25
  • AUM increased by 16.9 Cr between Mar'25 and Feb'25
Top Stocks sold last month
Nestle India Ltd's allocation decreased from 3.1 % to 0.08 %
Nestle India Ltd's allocation decreased from 3.1 % to 0.08 %

Top 3 Sectors in March were Government, Financial Services & Health

Mar'25
Government
71%
Financial Services
31%
Industrial
11%
Feb'25
Government
83%
Financial Services
31%
Health
11%
  • Equity

  • Debt & Cash

Holdings
Weight%
1M Change
ICICI Bank Ltd
ICICI Bank Ltd
6.41%
-3.2%
HDFC Bank Ltd
HDFC Bank Ltd
5.82%
0%
Reliance Industries Ltd
Reliance Industries Ltd
4.54%
0%
Infosys Ltd
Infosys Ltd
3.56%
0%
Bajaj Finance Ltd
Bajaj Finance Ltd
3.3%
-8.3%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Axis Retirement Fund Dynamic Direct Growth
Axis Retirement Fund Dynamic Direct Growth
11.08%
14.04%
16.99%
14.38%
Aditya Birla Sun Life Retirement Fund - The 40s Pln Direct Growth
Aditya Birla Sun Life Retirement Fund - The 40s Pln Direct Growth
12.49%
13.13%
16.12%
11.58%
Tata Retirement Savings Moderate Fund Direct Plan Growth
Tata Retirement Savings Moderate Fund Direct Plan Growth
10.47%
14.24%
19.04%
15.68%
HDFC Retirement Savings Fund - Equity Plan - Direct Plan
HDFC Retirement Savings Fund - Equity Plan - Direct Plan
10.08%
19.08%
30.02%
20.3%
Fund
Mar'25
Feb'25
Jan'25
No of Holdings
90
90
94
Top 5 Company Concentration
23.6%
24.2%
22.5%
Company having highest exposure
ICICI Bank Ltd (6.4%)
ICICI Bank Ltd (6.2%)
ICICI Bank Ltd (5.9%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
135.8%
146.5%
152.2%
Sector having highest exposure
Government (71.4%)
Government (83.4%)
Government (89.6%)
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Devang Shah
Devang Shah
Fund Manager of Axis Retirement Fund Dynamic Direct Growth, since 5 April 2024
Top funds managed
Hardik Shah
Hardik Shah
Fund Manager of Axis Retirement Fund Dynamic Direct Growth, since 5 April 2024
Top funds managed
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.08L Cr
as on 31-Mar-2025
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Mutual Fund Insights

Insights icon
In the last 5 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 30.48% return, outperforming this fund by 13.48% per annum.
Insights icon
In the last 1 year, Aditya Birla Sun Life Retirement Fund - The 40s Pln Direct Growth has given 12.49% return, outperforming this fund by 1.41%.
Insights icon
This fund expense ratio is slightly on the lower side within the category (retirement). Its expense ratio is 1.29% which is lower than the category average expense ratio of 1.44%.
Insights icon
In the last 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 20.2% return, outperforming this fund by 6.17% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 19.6% drop in AUM moving from 404.64 Cr to 325.51 Cr.

Axis Retirement Fund Dynamic Direct Growth 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 14.38% since inception which is more than its category average return of 10.46%
Fund Allocations

Fund Allocations

This fund has an allocation of 84.7% in Equity, 10.92% in Debt and 4.38% in Cash related instruments
AUM size ₹326 Cr

AUM size ₹326 Cr

This fund has AUM of ₹326 Cr which is less than its category average of ₹ 775 Cr
Expense Ratio 1.29%

Expense Ratio 1.29%

This fund has an expense ratio of 1.29% which is less than its category average expense ratio of 1.54%

Frequently Asked Questions for Axis Retirement Fund Dynamic Direct Growth

The current NAV of Axis Retirement Fund Dynamic Direct Growth is ₹20.45 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
Axis Retirement Fund Dynamic Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
5.9%
5.9%
6 Month Returns
-5.46%
-5.46%
1 Year Returns
11.08%
11.08%
3 Years Returns
48.3%
14.04%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
1.29% as on March 2025
₹326 Cr as on March 2025
ICICI Bank Ltd(6.41%), HDFC Bank Ltd(5.82%), 7.3% Govt Stock 2053(4.83%), Reliance Industries Ltd(4.54%), Infosys Ltd(3.56%) as on March 2025
Financial Services(26.58%), Government(10.92%), Industrial(9.71%) as on March 2025
Devang Shah, Hardik Shah are the fund managers of Axis Retirement Fund Dynamic Direct Growth
The Exit load of Axis Retirement Fund Dynamic Direct Growth is 0%