INF846K01T28

Axis Retirement Savings Fund - Dynamic Plan Direct Growth

Very High Risk Retirement Allocation

NAV (Fri Jul 19 2024)

₹20

Returns (Since Inception)

15.15%

Category Average

0.00%

Rating

NA

Allocation and Holdings

Asset class

Weightage

Financial Services

12.49%

Energy

4.95%

Unknown

6.71%

Technology

5.62%

Basic Materials

2.75%

Utilities

2.56%

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Overall rating

100K+Downloads

Scheme Information

Fund name

Axis Retirement Savings Fund - Dynamic Plan Direct Growth


Minimum SIP

1000


Risk Level

Very High Risk


AUM

₹366.98 Cr


ISIN

INF846K01T28


Inception Date

Jan 01 1970


Standard Deviation

11.586


Beta

1.17


Sharpe Ratio

0.776


Benchmark

NIFTY 50 Hybrid Composite Debt 65:35 INR


Expense Ratio

1.040%


Exit Load

Nil

Risk

Very High Risk

Investment Objective

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.

Fund Managers

R Sivakumar

Jinesh Gopani

Hitesh Das

About the AMC

Axis Asset Management Company Limited


Phone Number

+91 22 43255161


Corporate Office Address

Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,

Overall AUM

₹366.98 Cr


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frequently asked questions

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What is the current NAV of Axis Retirement Savings Fund - Dynamic Plan Direct Growth?

The NAV of Axis Retirement Savings Fund - Dynamic Plan Direct Growth is ₹20 as of Fri Jul 19 2024.

Net asset value, or NAV for short, is a mutual fund's cost per unit. Consider it the share price of a stock, but one that represents the total worth of all the investments made by the fund. This value affects how much you pay to invest or receive when redeeming units, and it changes every day based on changes in the market. Gaining insight into NAV enables you to evaluate a fund's performance and make wise investment choices.

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Who is the fund manager of Axis Retirement Savings Fund - Dynamic Plan Direct Growth?

R Sivakumar is the current fund manager of Axis Retirement Savings Fund - Dynamic Plan Direct Growth as on Mon Jul 22 2024. A fund manager's performance history, investment style and strategy, approach to risk management, tenure and experience, fees and charges, and alignment with investor goals all have an impact on the fund performance.

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

The Expense Ratio of Axis Retirement Savings Fund - Dynamic Plan Direct Growth is 104.00% as of Mon Jul 22 2024 which means if you earn ₹50,000 worth returns on an investment in this fund then 104.00% of those returns will be retained by the AMC.

The annual fees you pay the mutual fund firm to manage your investments in that fund are known as the Expense Ratio. The Expense Ratio is deducted from the returns that the fund generates and expressed as a percentage of Assets Under Management (AUM).

Because a smaller portion of the gains will be retained, a fund with a lower expense ratio is always preferable because it will result in larger returns for you.

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What is the minimum SIP amount of Axis Retirement Savings Fund - Dynamic Plan Direct Growth?

The minimum Systematic Investment Plan (SIP) amount required for Axis Retirement Savings Fund - Dynamic Plan Direct Growth is ₹1,000. A Systematic Investment Plan (SIP) is an investment approach in mutual funds where an investor selects a mutual fund scheme and invests a fixed amount at regular intervals. The SIP investment strategy involves investing a small amount consistently over time, as opposed to investing a large sum in a single instance. This method aims to potentially yield higher returns over the long term by leveraging the benefits of rupee cost averaging and compounding.

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What is the minimum lump sum amount required to invest in Axis Retirement Savings Fund - Dynamic Plan Direct Growth?

To initiate a lump sum investment in Axis Retirement Savings Fund - Dynamic Plan Direct Growth, a minimum initial amount of ₹5,000 is necessary. This means that to participate in this investment option, investors must commit a starting sum of at least INR 5000. A lumpsum investment is a common approach to investing money in financial instruments such as mutual funds. This method involves investing a substantial sum of money in a financial instrument in a single transaction, as opposed to making multiple smaller payments over time.

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What is risk category of the Axis Retirement Savings Fund - Dynamic Plan Direct Growth?

In accordance with SEBI regulations, mutual funds are required to disclose the risk associated with investing, categorized into five levels: (a) Low: Low risk to principal, (b) Moderately Low: Moderately low risk to principal, (c) Moderate: Moderate risk to principal, (d) Moderately High: Moderately high risk to principal, (e) High: High risk to principal. The risk category of Axis Retirement Savings Fund - Dynamic Plan Direct Growth is classified as Very High Risk.

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What is the category of Axis Retirement Savings Fund - Dynamic Plan Direct Growth?

The category of the Axis Retirement Savings Fund - Dynamic Plan Direct Growth is Allocation.

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