3 Year return

15.26%
Launched on November 2019 (5 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

No data found for this scheme

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹366.98 Cr.

Expense Ratio

1.04% (inclusive of GST)

Exit Load

Nil

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

15% tax on gains

Withdrawal after 1 year:

10% tax on gains above ₹1 lakh per financial year

Fund Holdings

Holdings

Axis Mutual Fund Managers

JG

Jinesh Gopani

Fund Manager since Jan 2020

View Details

Fund House Details

Axis Mutual Fund

Axis Mutual Fund Asset management company

AUM ₹292,977.03 Cr.
No. of Schemes 249
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Axis Mutual Fund

List of mutual fund schemes by AMC

About Axis Retirement Savings Fund Dynamic Plan Direct Growth

Axis Retirement Savings Fund Dynamic Plan, managed by Axis Mutual Fund, falls under the category of retirement fund and is designed to cater to individuals planning for their retirement. This direct growth plan offers an opportunity for your investments to appreciate over time, along with income. The fund provides a strategic investment avenue for individuals looking to build wealth for their retirement years. With an expense ratio lower than the category average, the fund aims to attract investors seeking a tailored retirement-focused investment solution.

Investment Objective of the Scheme

The scheme's primary objective is to assist investors in building a retirement corpus by providing them with an avenue to systematically save and invest over the long term. Axis Retirement Savings Fund Dynamic Plan Direct Growth achieves this by investing in a mix of equity and debt instruments, strategically allocating assets based on market conditions and the investor's time horizon. The fund focuses on capital appreciation over the long term while managing risk.

Key Features of The Fund

5-year return NA
Expense Ratio 1.04%
Fund Manager Jinesh Gopani
Fund Size ₹366.98 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you're planning for your retirement and looking for a systematic investment approach, Axis Retirement Savings Fund Dynamic Plan Direct Growth could be a suitable choice. This fund aligns with individuals seeking to build a retirement corpus through a combination of primarily equity and some debt investments. However, keep in mind that investment strategies come with associated risks. Assess your retirement goals, risk tolerance, and investment horizon before considering this fund. Seeking guidance from financial experts can provide personalised insights for well-informed decisions.

AMC Contact Details

Name Axis Mutual Fund
Launch Date January 2009
Addresss Axis House, First Floor, C-2, Wadia International Centre, Pandurang Budhkar Marg, Worli, Mumbai - 400025
Contact 8108622211
Email customerservice@axismf.com
Website https://www.axismf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Axis Retirement Savings Fund Dynamic Plan?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Axis Retirement Savings Fund Dynamic Plan Jul 16 2024 is 20.61

What is the AUM of Axis Retirement Savings Fund Dynamic Plan?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Axis Retirement Savings Fund Dynamic Plan is 366.98 crore.

What is the expense ratio of Axis Retirement Savings Fund Dynamic Plan?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Axis Retirement Savings Fund Dynamic Plan is 1.04%

What are the returns of Axis Retirement Savings Fund Dynamic Plan since inception?

The Axis Retirement Savings Fund Dynamic Plan was launched on Nov 29 2019. The fund has delivered a CAGR of 17.1 since inception.

What is the minimum SIP amount to invest in Axis Retirement Savings Fund Dynamic Plan?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Axis Retirement Savings Fund Dynamic Plan is 1000.

How do I invest in Axis Retirement Savings Fund Dynamic Plan?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Axis Retirement Savings Fund Dynamic Plan?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Axis Retirement Savings Fund Dynamic Plan?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Axis Retirement Savings Fund Dynamic Plan?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.