3 Year return
14.73%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹385.46 Cr.
Expense Ratio
1.12% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal within 1 year:
20% tax on gains
Withdrawal after 1 year:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Axis Mutual Fund Managers
JG
Jinesh Gopani
Fund Manager since Jan 2020
Fund House Details
Axis Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
HDFC Retirement Savings Fund Equity |
22.9% |
5 |
Nippon India Retirement Fund Wealth Creation Scheme |
20.87% |
3.5 |
HDFC Retirement Savings Fund Hybrid Equity |
17.3% |
5 |
Schemes by Axis Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Monthly IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Growth
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Payout
Hybrid . Aggressive Hybrid Fund
Axis Aggressive Hybrid Fund Direct Plan Quarterly IDCW Reinvestment
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 | 1.12% |
Fund Manager | Jinesh Gopani |
Fund Size | ₹385.46 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 |
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.
Retirement Reinvented: Secure Your Golden Years
FAQs
What is today's NAV of Axis Retirement Savings Fund Dynamic Plan?
What is the AUM of Axis Retirement Savings Fund Dynamic Plan?
What is the expense ratio of Axis Retirement Savings Fund Dynamic Plan?
What are the returns of Axis Retirement Savings Fund Dynamic Plan since inception?
What is the minimum SIP amount to invest in Axis Retirement Savings Fund Dynamic Plan?
How do I invest in Axis Retirement Savings Fund Dynamic Plan?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- 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?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Axis Retirement Savings Fund Dynamic Plan?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- 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?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.