Axis Retirement Fund Dynamic Plan
The 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.
Growthvine rating: 3/5 — ranked #4 of 9 in category.
Fund basics
| Category | Solution: Retirement Hybrid |
|---|
| NAV | ₹18.75 (as of 2026-10-01) |
|---|
| AUM | ₹285 Cr |
|---|
| Expense ratio | 2.10% |
|---|
| Riskometer | Very High |
|---|
| Fund manager | Devang Shah |
|---|
| Exit load | 0 |
|---|
Performance & risk
| 5-year annualised return | 5.88% |
|---|
| Sharpe ratio | 0.49 |
|---|
| Standard deviation | 13.41% |
|---|
| Max drawdown | −18.07% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 79.7% of Nifty 500's upside and 88.5% of its downside.
Market cap allocation
| Large cap | 66.8% |
|---|
| Mid cap | 17.3% |
|---|
| Small cap | 15.8% |
|---|
Concentration
| Top 5 holdings | 21.0% |
|---|
| Top 10 holdings | 31.6% |
|---|
| Total holdings | 89 |
|---|
Top holdings
- Clearing Corporation of India Ltd — 9.4%
- ICICI Bank Ltd. — 5.6%
- Reliance Industries Ltd — 5.2%
- 7.3% Government of India (19/06/2053) — 5.1%
- HDFC Bank Ltd. — 4.8%
- Bharti Airtel Ltd. — 2.8%
- 7.25% Government of India (12/06/2063) — 2.7%
- State Bank Of India — 2.6%
- Infosys Ltd — 2.3%
- Mahindra & Mahindra Ltd. — 2.3%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −5.7% | Q3 | #7 of 9 |
| 2025 | 1.5% | Q4 (Bottom) | #8 of 9 |
| 2024 | 24.3% | Q1 (Top) | #1 of 9 |
| 2023 | 20.1% | Q3 | #5 of 8 |
| 2022 | −6.5% | Q4 (Bottom) | #8 of 8 |