Axis Retirement Fund Dynamic Direct Growth

Axis Retirement Fund Dynamic Direct Growth

NAV as on 27-03-2025

₹ 20.22

-0.7%

1D

Inception Returns

14.2%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
61 people have invested ₹ 5.5L 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 Hardik Shah, Devang Shah. This fund gives you the benefit of diversification.

Key Parameters

  1. Axis Retirement Fund Dynamic Direct Growth has ₹309 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

Axis Retirement Fund Dynamic Direct Growth has given a CAGR return of 14.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.47%, 14.38% and 17.39% respectively.

Holdings

Axis Retirement Fund Dynamic Direct Growth has allocated its funds majorly in Government, Financial Services, Cash Equivalent, Health, Tech, Industrial, Consumer Cyclical, Energy, Communication, Basic Materials, Real Estate, Consumer Defensive, 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 ratio0.94%
Benchmark
CRISIL Hybrid 35+65 - Agg TR INR
AUM₹309 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 (27-Mar-25)

Period
Axis Retirement Fund Dynamic Direct Growth
Retirement Index
1M
3.7%
-
3M
-5.6%
-
6M
-10.3%
-
1Y
11.5%
-
3Y
14.4%
-
5Y
17.4%
-

Fund Distribution

as on (28-Feb-25)

  • Equity 86.5%

  • Debt & Cash 13.5%

Large cap
56.9%

Mid cap
16.2%

Small cap
13.5%

Sector Allocation

Feb'25

Jan'25

Dec'24

Financial Services
30.7%
Health
11.3%
Tech
10.6%
Industrial
10.5%
Consumer Cyclical
9.5%
Energy
7.4%
Communication
5.3%
Basic Materials
4.7%
Real Estate
3.6%
Consumer Defensive
3.6%
Utilities
3%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 308.7 Cr
₹ 340.6 Cr
₹ 375.3 Cr
  • AUM of the fund stands at 308.7 Cr as of Feb'25
  • AUM decreased by 31.9 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Varun Beverages Ltd's allocation increased from 0.19% to 0.74%
Varun Beverages Ltd's allocation increased from 0.19% to 0.74%
Info Edge (India) Ltd's allocation increased from 1.97% to 2.36%
Info Edge (India) Ltd's allocation increased from 1.97% to 2.36%
Cipla Ltd's allocation increased from 0.59% to 0.94%
Cipla Ltd's allocation increased from 0.59% to 0.94%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 5.62 % to 5.56 %
ICICI Bank Ltd's allocation decreased from 5.62 % to 5.56 %
Reliance Industries Ltd's allocation decreased from 4.01 % to 3.76 %
Reliance Industries Ltd's allocation decreased from 4.01 % to 3.76 %
Torrent Power Ltd's allocation decreased from 2.71 % to 2.27 %
Torrent Power Ltd's allocation decreased from 2.71 % to 2.27 %

Top 3 Sectors in February were Government, Financial Services & Industrial

Feb'25
Government
83%
Financial Services
31%
Health
11%
Jan'25
Government
90%
Financial Services
28%
Industrial
13%
Fund
Feb'25
Jan'25
Dec'24
No of Holdings
90
94
95
Top 5 Company Concentration
24.2%
22.5%
20.3%
Company having highest exposure
ICICI Bank Ltd (6.2%)
ICICI Bank Ltd (5.9%)
ICICI Bank Ltd (5.6%)
No of Sectors
12
12
12
Top 5 Sectors Concentration
146.5%
152.2%
142.7%
Sector having highest exposure
Government (83.4%)
Government (89.6%)
Government (79.9%)
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Hardik Shah
Hardik Shah
Fund Manager of Axis Retirement Fund Dynamic Direct Growth, since 5 April 2024
Devang Shah
Devang Shah
Fund Manager of Axis Retirement Fund Dynamic Direct Growth, since 5 April 2024
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.22L Cr
as on 28-Feb-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 3 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 20.4% return, outperforming this fund by 6.02% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (retirement). Its expense ratio is 0.94% which is lower than the category average expense ratio of 1.44%.
Insights icon
Over the last 3 months, this fund has experienced a 20.4% drop in AUM moving from 387.54 Cr to 308.66 Cr.
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In the last 1 year, Aditya Birla Sun Life Retirement Fund - The 40s Pln Direct Growth has given 12.97% return, outperforming this fund by 1.49%.
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In the last 5 years, ICICI Prudential Retirement Fund Pure Equity Plan Direct Growth has given 32.57% return, outperforming this fund by 15.17% per annum.

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 14.19% since inception which is more than its category average return of 10.14%
Fund Allocations

Fund Allocations

This fund has an allocation of 86.54% in Equity, 11.23% in Debt and 2.23% in Cash related instruments
AUM size ₹309 Cr

AUM size ₹309 Cr

This fund has AUM of ₹309 Cr which is less than its category average of ₹ 731 Cr
Expense Ratio 0.94%

Expense Ratio 0.94%

This fund has an expense ratio of 0.94% which is less than its category average expense ratio of 1.55%

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5Y CAGR

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Frequently Asked Questions for Axis Retirement Fund Dynamic Direct Growth

The current NAV of Axis Retirement Fund Dynamic Direct Growth is ₹20.22 as on 27-Mar-2025.
Existing (Absolute + CAGR) as on 27-Mar-2025.
Axis Retirement Fund Dynamic Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.71%
3.71%
6 Month Returns
-10.34%
-10.34%
1 Year Returns
11.47%
11.47%
3 Years Returns
49.63%
14.38%
5 Years Returns
122.95%
17.39%
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.
0.94% as on February 2025
₹309 Cr as on February 2025
ICICI Bank Ltd(6.23%), HDFC Bank Ltd(5.81%), 7.3% Govt Stock 2053(4.96%), Reliance Industries Ltd(4.51%), Infosys Ltd(4.04%) as on February 2025
Financial Services(26.56%), Government(11.23%), Health(9.75%) as on February 2025
Hardik Shah, Devang Shah are the fund managers of Axis Retirement Fund Dynamic Direct Growth
The Exit load of Axis Retirement Fund Dynamic Direct Growth is 0%