- Mutual Funds
- AXIS Retirement Savings Fund - DP - Dir (IDCW)
AXIS Retirement Savings Fund - DP - Dir (IDCW)
Retirement Fund
- NAV 15.92 (0.38%)
- Fund Size (Cr) ₹286.71
- Expense Ratio 0.89
- Scheme Type Active Fund
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Value Research
- Minimum investment ₹5000
- Minimum Additional Investment ₹1000
- Minimum SIP Investment ₹100
- Minimum Withdrawal ₹0
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Exit Load
0%
- Return Since Launch 12.39%
Basic Details
R Sivakumar
CRISIL Hybrid 35+65 - Aggressive Index
OPEN
Lumpsum Returns
SIP Returns
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
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Risk Ratios
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Standard Deviation
3.75% -
Beta
0.80% -
Sharpe Ratio
1.09% -
Treynor’s Ratio
1.46% -
Jension’s Alpha
-0.51%
Asset Allocation
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Sector Allocation
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Top 10 stock holding in portfolio
Peer Comparison
- Scheme Name
- Value Research
- Asset Size (Cr)
- 1M
- 3M
- 6M
- 1Y
- 3Y
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AXIS Retirement Savings Fund - DP - Dir (IDCW)
- 286.71
- 6.44%
- 5.87%
- 11.22%
- 12.24%
- 12.30%
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ICICI Pru Retirement Fund - Pure Equity - Dir (IDCW)
- 367.25
- 10.22%
- 8.48%
- 23.64%
- 24.60%
- 29.26%
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ICICI Pru Retirement Fund - Pure Equity - Dir (G)
- 367.25
- 10.22%
- 8.43%
- 23.64%
- 24.53%
- 29.26%
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HDFC Retirement Savings Fund - Equity - Dir (G)
- 3739.41
- 6.04%
- 4.90%
- 15.95%
- 24.08%
- 28.47%
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Union Retirement Fund - Direct (G)
- 90.81
- 7.28%
- 6.82%
- 19.33%
- 21.30%
- -
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Union Retirement Fund - Direct (IDCW)
- 90.81
- 7.28%
- 6.82%
- 19.33%
- 21.30%
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News
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AXIS Mutual Fund Announces Appointment of Key Personnel
AXIS Mutual Fund has announced that Mr. Abhishek Arvind Gupta has been appointed as Associate - Equity of Axis Asset Management Company Ltd. with effect from November 13, 2023.
Details of Mr. Abhishek Arvind Gupta
Age: 24 years
Designation: Associate - Equity
Qualification: PGDM ? Banking and Financial Services
Powered by Capital Market - Live News
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Axis MF Announces IDCW & Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes
Axis Mutual Fund has announced 28 November 2023 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the IDCW option of following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:
Axis Arbitrage Fund ? Regular Plan ? IDCW Option & Direct Plan - IDCW Option: 0.05 each.
Axis Equity Saver Fund ? Regular Plan ? Monthly IDCW Option & Direct Plan ? Monthly IDCW Option: 0.09 each.
Axis Equity Hybrid Fund ? Regular Plan ? Monthly IDCW Option & Direct Plan ? Monthly IDCW Option: 0.10 each.
Axis Multi Asset Allocation Fund ? Regular Plan ? IDCW Option & Direct Plan ? IDCW Option: 0.15 each.
Powered by Capital Market - Live News
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Axis MF Announces change in scheme name
Axis Mutual Fund has announced change in scheme name under the following scheme, with effect from 08 December 2023:
Change in the name of the Scheme:
Existing Name Revised Name Axis Long Term Equity Fund (Tax Savings) Axis ELSS Tax saver Fund Powered by Capital Market - Live News
Fund House Details & Investment Objective
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Date of Incorporation
29-Nov-2019
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Total AUM (Cr)
₹286.71
AXIS Retirement Savings Fund - DP - Dir (IDCW) is an Retirement Fund-oriented fund from the renowned AMC, Axis Mutual Fund. Launched in Nov 2019, this fund is managed by R Sivakumar. With assets under management (AUM) worth ₹286.71 (Cr), as of 01-Dec-2023, AXIS Retirement Savings Fund - DP - Dir (IDCW) is categorized as a Retirement Fund within its segment. The fund has generated a return of 12.39% since its launch.
The current NAV of AXIS Retirement Savings Fund - DP - Dir (IDCW) is ₹15.92, as on 01-Dec-2023. The fund’s benchmark index is CRISIL Hybrid 35+65 - Aggressive Index. You can invest in AXIS Retirement Savings Fund - DP - Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 12.30% and - CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 87.02% in Equity, 9.49% in Debt and 3.47% in cash and cash equivalents
The top 5 sectors the fund invests in are: 16.53% in Finance, 10.82% in Banks, 10.22% in Debt, 9.12% in Retailing and 6.78% in Consumer Durables.
FAQs on AXIS Retirement Savings Fund - DP - Dir (IDCW)
AXIS Retirement Savings Fund - DP - Dir (IDCW) is a popular fund in the Retirement Fund segment. The fund has generated a return of 12.39% since inception. Looking to invest in AXIS Retirement Savings Fund - DP - Dir (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in AXIS Retirement Savings Fund - DP - Dir (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, AXIS Retirement Savings Fund - DP - Dir (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in AXIS Retirement Savings Fund - DP - Dir (IDCW) today and reap the benefits of this Retirement Fund fund!
In the short term, i.e., 1 year, AXIS Retirement Savings Fund - DP - Dir (IDCW) has generated annualised return of 12.24%. In the long-term, the fund has generated 12.30% and - in 3 and 5 years respectively. Since its inception, the fund has generated 12.39% returns.
The expense ratio of AXIS Retirement Savings Fund - DP - Dir (IDCW) Direct Growth is 0.89%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.
The Assets Under Management (AUM) of AXIS Retirement Savings Fund - DP - Dir (IDCW) is ₹286.71 (Cr) as of 01 December 2023. AUM shows the fund’s popularity and is often indicative of fund strength.
Redeeming or selling units of AXIS Retirement Savings Fund - DP - Dir (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from AXIS Retirement Savings Fund - DP - Dir (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case AXIS Retirement Savings Fund - DP - Dir (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Yes, you can invest both lumpsum and SIP in AXIS Retirement Savings Fund - DP - Dir (IDCW). Minimum lumpsum investment AXIS Retirement Savings Fund - DP - Dir (IDCW) is ₹5000 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.
The latest NAV (Net Asset Value) of AXIS Retirement Savings Fund - DP - Dir (IDCW) is ₹15.92 as on 01 December 2023.
The 5 biggest stock holdings of AXIS Retirement Savings Fund - DP - Dir (IDCW) are:
ICICI Bank (5.97%), Bajaj Finance (4.72%), Nestle India (4.12%), Avenue Super. (3.82%), HDFC Bank (3.62%)
A majority of AXIS Retirement Savings Fund - DP - Dir (IDCW) 's AUM worth ₹286.71 (Cr) is invested in these 3 top sectors:
- Finance: 16.53%
- Banks: 10.82%
- Debt: 10.22%
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