Axis Retirement Fund - Dynamic Plan
Axis Mutual Fund · Retirement · Direct plan, growth option
NAV (₹), 1 Oct 2026
20.8400
1-day change
-0.67%
1Y return
-2.6%
3Y CAGR
10.8%
5Y CAGR
7.5%
Max drawdown, 5Y
−17.1%
NAV history month-end NAV, ₹ · 27 Dec 2019 to 1 Oct 2026
Returns vs Retirement median (29 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.9% | -4.4% |
| 3 months | -2.7% | -2.3% |
| 6 months | 6.8% | 5.3% |
| Year to date | -4.8% | -1.7% |
| 1 year | -2.6% | 0.8% |
| 3 years (CAGR) | 10.8% | 8.2% |
| 5 years (CAGR) | 7.5% | 8.4% |
| 7 years (CAGR) | n/a | 11.0% |
| 10 years (CAGR) | n/a | 9.9% |
| Since first NAV (CAGR) | 11.5% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 10.7% | 9.6% |
| 3Y rolling median | 14.2% | 12.9% |
| 3Y rolling worst | 8.7% | 5.7% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 13.9% | 11.7% |
| 5Y rolling worst | 7.5% | 6.8% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 13.8% | 10.9% |
| Sharpe ratio | 0.36 | 0.24 |
| Sortino ratio | 0.51 | 0.34 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −17.1% | −16.5% |
| Maximum drawdown, last 10Y | n/a | −23.2% |
| Maximum drawdown, last 5Y | −17.1% | −12.3% |
| Current drawdown | −7.1% | −5.6% |
| Recovery time of worst fall | 384 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.56% a year and the Direct plan's 1.34%, a gap of 1.22%; over the last 3 years the Direct plan returned 1.40 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹26,37,659.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 1.35% to 1.34% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Jayesh Sundar | Comanage/Domestic Equities | 24 Jan 2024 |
| Devang Shah | Comanage/Fixed Income | 5 Apr 2024 |
| Hardik Shah | Comanage/Fixed Income | 5 Apr 2024 |
| Krishnaa N | Foreign Securities | 1 Mar 2024 |
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.
Stated asset allocation: Equity and Equity related instruments - (65%-100%),Debt & Money Market Instruments - (0%-35%),Gold ETF - (0%-10%),Units issued by InvITs - (0%-10%)
Benchmark (tier 1): CRISIL Hybrid 35+65 - Aggressive Index
Minimum application: ₹5,000
Allotment date: 20 Dec 2019
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 1.34% | 1.16% |
| AUM, whole scheme (₹ crore) | 269 | 269 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | -1.3% | -0.9% TRI |
| Return, 3 years (AMFI) | 11.0% | 8.1% TRI |
| Return, 5 years (AMFI) | 7.6% | 7.6% TRI |
| Month-ends above category median (3Y CAGR) | 96% | 41% median |
| Month-ends in category top quartile (3Y) | 4% | 9% median |
Official benchmark: CRISIL Hybrid 35+65 - Aggressive Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Retirement Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | -4.8% | n/a | – |
| 2025 | 2.8% | n/a | – |
| 2024 | 25.9% | n/a | – |
| 2023 | 22.2% | n/a | – |
| 2022 | -4.8% | n/a | – |
| 2021 | 21.3% | n/a | – |
| 2020 | 19.8% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,17,402 | -4.0% |
| 3 years | ₹3,60,000 | ₹3,76,339 | 2.9% |
| 5 years | ₹6,00,000 | ₹7,31,711 | 7.9% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Axis Mutual Fund
Category: Retirement
Plan / option: Direct · Growth
AMFI scheme code: 147826
ISIN: INF846K01T28
First NAV in MFIC data: 27 Dec 2019
History: 6.8 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Axis Retirement Fund - Aggressive Plan | Retirement | 0.99 | 9.9% |
| Baroda BNP Paribas Retirement Fund | Retirement | 0.98 | n/a |
| Union Children's Fund | Children's | 0.98 | n/a |
| PGIM India Retirement Fund | Retirement | 0.97 | n/a |
| BANDHAN RETIREMENT FUND | Retirement | 0.97 | n/a |
| Union Retirement Fund | Retirement | 0.95 | 11.6% |
Questions about Axis Retirement Fund - Dynamic Plan
- What is the latest NAV of Axis Retirement Fund - Dynamic Plan?
- The NAV of the Direct plan (growth option) was ₹20.8400 on 1 Oct 2026, as published by AMFI.
- Which category is Axis Retirement Fund - Dynamic Plan in?
- It is classified as Retirement in AMFI's daily NAV file. MFIC compares it with 29 Retirement schemes (Direct plans).
- What returns has Axis Retirement Fund - Dynamic Plan delivered?
- Over one year the NAV changed by -2.6%. The 3-year CAGR is 10.8% (category median 8.2%) and the 5-year CAGR is 7.5% (category median 8.4%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 14.2%, the lowest was 8.7%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Axis Retirement Fund - Dynamic Plan's NAV?
- The largest peak-to-trough fall in its available history was 17.1%; within the last five years it was 17.1% (category median 12.3%).
- How volatile is Axis Retirement Fund - Dynamic Plan?
- Its annualised standard deviation of monthly returns over the last 36 months is 13.8%, which is above the Retirement category median of 10.9%.
- What would a monthly SIP in Axis Retirement Fund - Dynamic Plan have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,31,711 on 1 Oct 2026, an annualised return (XIRR) of 7.9%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Axis Retirement Fund - Dynamic Plan?
- The total expense ratio of the Direct plan is 1.34% a year, as disclosed to AMFI (median of Retirement Direct plans: 1.16%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Axis Retirement Fund - Dynamic Plan?
- Assets under management of the whole scheme were ₹269 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Axis Retirement Fund - Dynamic Plan?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Axis Retirement Fund - Dynamic Plan and how has it compared?
- Its official benchmark is the CRISIL Hybrid 35+65 - Aggressive Index. Over 3 years AMFI reports a return of 11.0% for this plan against 8.1% for the benchmark total return index; over 5 years 7.6% against 7.6%. Past performance does not indicate future results.
- How often has Axis Retirement Fund - Dynamic Plan beaten its category?
- At 96% of the 46 month-ends compared over the last 10 years, its 3-year return was above the median of Retirement schemes (Direct plans); it was in the top quarter at 4% of them. A typical scheme would show about 50%.
- Who manages Axis Retirement Fund - Dynamic Plan?
- According to its Scheme Summary Document, Axis Retirement Fund - Dynamic Plan is managed by Jayesh Sundar (since 24 Jan 2024), Devang Shah (since 5 Apr 2024), Hardik Shah (since 5 Apr 2024), Krishnaa N (since 1 Mar 2024).
- What is the minimum investment in Axis Retirement Fund - Dynamic Plan?
- The minimum application amount is ₹5,000. SIP details: SIP Daily, Weekly - 100, Monthly 1000.00 SWP - 1000 STP - Daily, Weekly, Fortnightly, Monthly - 1000 and Quarterly 3000.00 . Choti SIP - Maximum one SIP under the facility of exactly equal to Rs. 250/- is allowed. The facility is restricted to three SIP’s across all Mutual Funds (one each in upto three Asset Management Companies)..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by -2.6% and the Regular plan's by -3.7%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.