How to Invest in Axis Retirement Savings Fund Dynamic Plan Direct Growth?

You can easily invest in Axis Retirement Savings Fund Dynamic Plan Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Axis Retirement Savings Fund Dynamic Plan Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Axis Retirement Savings Fund Dynamic Plan Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Retirement Savings Fund Dynamic Plan Direct Growth provide?

The Axis Retirement Savings Fund Dynamic Plan Direct Growth has been there from 20 Dec 2019 and the average annual returns provided by this fund is 12.44% since its inception.

How much expense ratio is charged by Axis Retirement Savings Fund Dynamic Plan Direct Growth?

The term Expense Ratio used for Axis Retirement Savings Fund Dynamic Plan Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Axis Retirement Savings Fund Dynamic Plan Direct Growth is 0.94% as of 04 Dec 2023...

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

The AUM, short for Assets Under Management of Axis Retirement Savings Fund Dynamic Plan Direct Growth is ₹286.71Cr as of 04 Dec 2023.

How to Redeem Axis Retirement Savings Fund Dynamic Plan Direct Growth?

If you want to sell your Axis Retirement Savings Fund Dynamic Plan Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

What is the PE and PB ratio of Axis Retirement Savings Fund Dynamic Plan Direct Growth?

The PE ratio ratio of Axis Retirement Savings Fund Dynamic Plan Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Axis Retirement Savings Fund Dynamic Plan Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Axis Retirement Savings Fund Dynamic Plan Direct Growth
Solution Oriented
Retirement
Moderately High Risk
5Y Lock In
12.57%
3Y annualised
+0.37% 1D
1M
6M
1Y
3Y
All
 NAV: 01 Dec 2023₹16.09
Min. SIP amount₹1,000
Rating1
Fund size₹286.71Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Solution Oriented Retirement
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA12.4%12.6%12.8%
Category averageNA12.0%12.0%NA
Rank with in categoryNA1412NA
Understand terms
Holdings (58)NameSectorInstrumentAssets
ICICI Bank Ltd.
FinancialEquity6.0%
Bajaj Finance Ltd.
FinancialEquity4.7%
Nestle India Ltd.
Consumer StaplesEquity4.1%
Avenue Supermarts Ltd.
ServicesEquity3.8%
HDFC Bank Ltd.
FinancialEquity3.6%
Tata Consultancy Services Ltd.
TechnologyEquity3.5%
Torrent Power Ltd.
EnergyEquity3.1%
Pidilite Industries Ltd.
ChemicalsEquity3.0%
Infosys Ltd.
TechnologyEquity2.9%
Info Edge (India) Ltd.
ServicesEquity2.7%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Solution Oriented Retirement
Pros
Cons
Exit load is zero
Lock-in period: 5Y
Lower expense ratio: 0.94%
Low rating: 1
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Consistently higher annualised returns than category average for the past 1Y and 3Y
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
23 Nov 2023 - Present
0.94%
22 Nov 2023 - 23 Nov 2023
0.94%
21 Nov 2023 - 22 Nov 2023
0.94%
20 Nov 2023 - 21 Nov 2023
0.94%
19 Nov 2023 - 20 Nov 2023
0.94%
18 Nov 2023 - 19 Nov 2023
0.94%
17 Nov 2023 - 18 Nov 2023
0.94%
16 Nov 2023 - 17 Nov 2023
0.89%
15 Nov 2023 - 16 Nov 2023
0.89%
14 Nov 2023 - 15 Nov 2023
0.89%
13 Nov 2023 - 14 Nov 2023
0.89%
12 Nov 2023 - 13 Nov 2023
0.89%
11 Nov 2023 - 12 Nov 2023
0.89%
10 Nov 2023 - 11 Nov 2023
0.89%
09 Nov 2023 - 10 Nov 2023
0.89%
08 Nov 2023 - 09 Nov 2023
0.89%
07 Nov 2023 - 08 Nov 2023
0.89%
06 Nov 2023 - 07 Nov 2023
0.89%
05 Nov 2023 - 06 Nov 2023
0.89%
04 Nov 2023 - 05 Nov 2023
0.89%
03 Nov 2023 - 04 Nov 2023
0.89%
02 Nov 2023 - 03 Nov 2023
0.89%
01 Nov 2023 - 02 Nov 2023
0.89%
31 Oct 2023 - 01 Nov 2023
0.89%
30 Oct 2023 - 31 Oct 2023
0.89%
29 Oct 2023 - 30 Oct 2023
0.89%
28 Oct 2023 - 29 Oct 2023
0.89%
27 Oct 2023 - 28 Oct 2023
0.89%
26 Oct 2023 - 27 Oct 2023
0.89%
25 Oct 2023 - 26 Oct 2023
0.89%
24 Oct 2023 - 25 Oct 2023
0.89%
23 Oct 2023 - 24 Oct 2023
0.89%
22 Oct 2023 - 23 Oct 2023
0.89%
21 Oct 2023 - 22 Oct 2023
0.89%
20 Oct 2023 - 21 Oct 2023
0.89%
19 Oct 2023 - 20 Oct 2023
0.89%
18 Oct 2023 - 19 Oct 2023
0.89%
17 Oct 2023 - 18 Oct 2023
0.89%
16 Oct 2023 - 17 Oct 2023
0.89%
15 Oct 2023 - 16 Oct 2023
0.89%
14 Oct 2023 - 15 Oct 2023
0.89%
13 Oct 2023 - 14 Oct 2023
0.89%
12 Oct 2023 - 13 Oct 2023
0.89%
11 Oct 2023 - 12 Oct 2023
0.89%
10 Oct 2023 - 11 Oct 2023
0.89%
09 Oct 2023 - 10 Oct 2023
0.89%
08 Oct 2023 - 09 Oct 2023
0.89%
07 Oct 2023 - 08 Oct 2023
0.89%
06 Oct 2023 - 07 Oct 2023
0.89%
05 Oct 2023 - 06 Oct 2023
0.89%
04 Oct 2023 - 05 Oct 2023
0.89%
03 Oct 2023 - 04 Oct 2023
0.89%
02 Oct 2023 - 03 Oct 2023
0.89%
01 Oct 2023 - 02 Oct 2023
0.89%
30 Sep 2023 - 01 Oct 2023
0.89%
29 Sep 2023 - 30 Sep 2023
0.89%
28 Sep 2023 - 29 Sep 2023
0.89%
27 Sep 2023 - 28 Sep 2023
0.89%
26 Sep 2023 - 27 Sep 2023
0.89%
25 Sep 2023 - 26 Sep 2023
0.89%
24 Sep 2023 - 25 Sep 2023
0.89%
23 Sep 2023 - 24 Sep 2023
0.89%
22 Sep 2023 - 23 Sep 2023
0.89%
21 Sep 2023 - 22 Sep 2023
0.89%
20 Sep 2023 - 21 Sep 2023
0.89%
19 Sep 2023 - 20 Sep 2023
0.89%
18 Sep 2023 - 19 Sep 2023
0.89%
17 Sep 2023 - 18 Sep 2023
0.89%
16 Sep 2023 - 17 Sep 2023
0.89%
15 Sep 2023 - 16 Sep 2023
0.89%
14 Sep 2023 - 15 Sep 2023
0.89%
13 Sep 2023 - 14 Sep 2023
0.89%
12 Sep 2023 - 13 Sep 2023
0.89%
11 Sep 2023 - 12 Sep 2023
0.89%
10 Sep 2023 - 11 Sep 2023
0.89%
09 Sep 2023 - 10 Sep 2023
0.89%
08 Sep 2023 - 09 Sep 2023
0.89%
07 Sep 2023 - 08 Sep 2023
0.89%
06 Sep 2023 - 07 Sep 2023
0.89%
05 Sep 2023 - 06 Sep 2023
0.89%
04 Sep 2023 - 05 Sep 2023
0.89%
03 Sep 2023 - 04 Sep 2023
0.89%
02 Sep 2023 - 03 Sep 2023
0.89%
01 Sep 2023 - 02 Sep 2023
0.89%
31 Aug 2023 - 01 Sep 2023
0.89%
31 Jul 2023 - 31 Aug 2023
0.78%
30 Jun 2023 - 31 Jul 2023
0.72%
31 May 2023 - 30 Jun 2023
0.60%
30 Apr 2023 - 31 May 2023
0.59%
31 Mar 2023 - 30 Apr 2023
0.59%
28 Feb 2023 - 31 Mar 2023
0.60%
31 Jan 2023 - 28 Feb 2023
0.60%
31 Dec 2022 - 31 Jan 2023
0.60%
30 Nov 2022 - 31 Dec 2022
0.60%
30 Nov 2022 - 30 Nov 2022
0.60%
31 Oct 2022 - 30 Nov 2022
0.60%
31 Oct 2022 - 31 Oct 2022
0.60%
31 Oct 2022 - 31 Oct 2022
0.60%
30 Sep 2022 - 31 Oct 2022
0.60%
30 Sep 2022 - 30 Sep 2022
0.60%
30 Sep 2022 - 30 Sep 2022
0.60%
31 Aug 2022 - 30 Sep 2022
0.60%
31 Aug 2022 - 31 Aug 2022
0.60%
31 Jul 2022 - 31 Aug 2022
0.56%
31 Jul 2022 - 31 Jul 2022
0.56%
30 Jun 2022 - 31 Jul 2022
0.53%
30 Jun 2022 - 30 Jun 2022
0.53%
31 May 2022 - 30 Jun 2022
0.53%
31 May 2022 - 31 May 2022
0.53%
30 Apr 2022 - 31 May 2022
0.53%
30 Apr 2022 - 30 Apr 2022
0.53%
31 Mar 2022 - 30 Apr 2022
0.53%
31 Mar 2022 - 31 Mar 2022
0.53%
28 Feb 2022 - 31 Mar 2022
0.53%
28 Feb 2022 - 28 Feb 2022
0.53%
31 Jan 2022 - 28 Feb 2022
0.53%
31 Dec 2021 - 31 Jan 2022
0.53%
30 Nov 2021 - 31 Dec 2021
0.53%
31 Oct 2021 - 30 Nov 2021
0.53%
30 Sep 2021 - 31 Oct 2021
0.54%
31 Aug 2021 - 30 Sep 2021
0.54%
31 Jul 2021 - 31 Aug 2021
0.54%
30 Jun 2021 - 31 Jul 2021
0.54%
31 May 2021 - 30 Jun 2021
0.48%
30 Apr 2021 - 31 May 2021
0.50%
31 Mar 2021 - 30 Apr 2021
0.50%
28 Feb 2021 - 31 Mar 2021
0.50%
31 Jan 2021 - 28 Feb 2021
0.51%
31 Dec 2020 - 31 Jan 2021
0.53%
30 Nov 2020 - 31 Dec 2020
0.53%
31 Oct 2020 - 30 Nov 2020
0.53%
30 Sep 2020 - 31 Oct 2020
0.53%
31 Aug 2020 - 30 Sep 2020
0.53%
31 Jul 2020 - 31 Aug 2020
0.54%
30 Jun 2020 - 31 Jul 2020
0.55%
31 May 2020 - 30 Jun 2020
0.55%
30 Apr 2020 - 31 May 2020
0.50%
29 Feb 2020 - 30 Apr 2020
0.57%
31 Jan 2020 - 29 Feb 2020
0.57%
Expense ratio, exit load and taxExpense ratio: 0.94%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementR Sivakumar
Nov 2019 - Present
View details
Education
Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.
Experience
Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.
Also manages these schemes
Axis Dynamic Bond Direct Fund Growth
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Axis Equity Saver Fund Direct Growth
Axis Children's Gift Fund Direct Compulsory Lock In Growth
Axis Children's Gift Fund Direct No Lock In Growth
Axis Balanced Advantage Fund Direct Growth
Axis Equity Hybrid Fund Direct Growth
Axis Retirement Savings Fund Aggressive Plan Direct Growth
Axis Retirement Savings Fund Dynamic Plan Direct Growth
Axis Retirement Savings Fund Conservative Plan Direct Growth
Axis All Seasons Debt FoF Direct Growth
Axis Global Equity Alpha FoF Direct Growth
Vinayak Jayanath
Jan 2023 - Present
View details
Also manages these schemes
Axis Bluechip Fund Direct Plan Growth
Axis Focused 25 Direct Plan Growth
Axis Midcap Direct Plan Growth
Axis Small Cap Fund Direct Growth
Axis Flexi Cap Fund Direct Growth
Axis Growth Opportunities Fund Direct Growth
Axis Retirement Savings Fund Aggressive Plan Direct Growth
Axis Retirement Savings Fund Dynamic Plan Direct Growth
Axis Retirement Savings Fund Conservative Plan Direct Growth
Axis ESG Equity Fund Direct Growth
Axis Global Equity Alpha FoF Direct Growth
Axis Special Situations Fund Direct Growth
Axis Greater China Equity FoF Direct Growth
Axis Global Innovation FoF Direct Growth
Axis Quant Fund Direct Growth
Axis Value Fund Direct Growth
Axis NASDAQ 100 FoF Direct Growth
Nitin Arora
May 2023 - Present
View details
Education
Mr. Arora has done M.Sc in Finance and Investments
Experience
Prior to joining Axis Mutual Fund, he has worked with Aviva Life Insurance Company India Ltd., Emkay Global Financial Services Ltd., Nirmal Bang Institutional Equities Ltd. and Bloomberg UTV Ltd..
Also manages these schemes
Axis Midcap Direct Plan Growth
Axis Retirement Savings Fund Aggressive Plan Direct Growth
Axis Retirement Savings Fund Dynamic Plan Direct Growth
Axis Retirement Savings Fund Conservative Plan Direct Growth
Axis Value Fund Direct Growth
Axis Multicap Fund Direct Growth
Fund house & investment objective
Axis Mutual Fund
Rank (total assets)#7 in India
Total AUM₹2,53,477.47Cr
Date of Incorporation04 Sep 2009
 Axis Retirement Savings Fund Dynamic Plan Direct Growth is a Solution Oriented Mutual Fund Scheme launched by Axis Mutual Fund. This scheme was made available to investors on 04 Sep 2009. Jinesh Gopani is the Current Fund Manager of Axis Retirement Savings Fund Dynamic Plan Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,53,477 Cr and the Latest NAV as of 01 Dec 2023 is ₹16.09.
The Axis Retirement Savings Fund Dynamic Plan Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000.
;
Investment ObjectiveThe schemes seeks to 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.
;
Fund benchmarkCRISIL Hybrid 35+65 Aggressive Index
Scheme Information Document(SID)
Fund house contact details
Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
E-mail
NA
Website
www.axismf.com
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Axis Retirement Savings Fund Dynamic Plan Direct Growth
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Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	12.4%	12.6%	12.8%
Category average	NA	12.0%	12.0%	NA
Rank with in category	NA	14	12	NA

Name	Sector	Instrument	Assets
ICICI Bank Ltd.	Financial	Equity	6.0%
Bajaj Finance Ltd.	Financial	Equity	4.7%
Nestle India Ltd.	Consumer Staples	Equity	4.1%
Avenue Supermarts Ltd.	Services	Equity	3.8%
HDFC Bank Ltd.	Financial	Equity	3.6%
Tata Consultancy Services Ltd.	Technology	Equity	3.5%
Torrent Power Ltd.	Energy	Equity	3.1%
Pidilite Industries Ltd.	Chemicals	Equity	3.0%
Infosys Ltd.	Technology	Equity	2.9%
Info Edge (India) Ltd.	Services	Equity	2.7%

Rank (total assets)	#7 in India
Total AUM	₹2,53,477.47Cr

Date of Incorporation	04 Sep 2009

Fund benchmark	CRISIL Hybrid 35+65 Aggressive Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	1
Fund size	₹286.71Cr

Axis Retirement Savings Fund Dynamic Plan Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (58)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.94%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

R SivakumarNov 2019 - PresentView details

Vinayak JayanathJan 2023 - PresentView details

Nitin AroraMay 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

R Sivakumar
Nov 2019 - Present
View details

Vinayak Jayanath
Jan 2023 - Present
View details

Nitin Arora
May 2023 - Present
View details