Axis Dynamic Bond Fund Direct Plan Growth Option
Axis Dynamic Bond Fund Direct Plan Growth Option

Axis Dynamic Bond Fund Direct Plan Growth Option

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Debt
Direct
Dynamic Bond

NAV: ₹ 26.8 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
61 people have invested ₹ 5.3L in mutual fund in the last three months

Fund Insights

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In the last 1 year, UTI Dynamic Bond Fund Direct Plan Growth Option has given 12.05% return, outperforming this fund by 7.82%

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In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 9.92% return, outperforming this fund by 4.15% per annum

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In the last 5 years, ICICI Prudential All Seasons Bond Fund Direct Plan Growth has given 8.2% return, outperforming this fund by 0.47% per annum

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Over the last 1 month, this fund has increased expense ratio by 4.0% moving from 0.25 to 0.26

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This fund has one of the lowest expense ratio in the category (dynamic bond). Its expense ratio is 0.26% which is lower than the category average expense ratio of 1%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.5%
2.2%
3.7%
4.2%
5.8%
7.7%
Benchmark
0.5%
1.7%
2.8%
4.2%
4.9%
5.8%
About the Fund

Axis Dynamic Bond Fund Direct Plan Growth Option is a debt fund. This fund was started on  1 January, 2013. The fund is managed by Devang Shah, R Sivakumar, Kaustubh Sule. This fund is suitable to keep your money safe.

Key parameters

1) Axis Dynamic Bond Fund Direct Plan Growth Option has a NAV of 26.786 as on 08-02-2023.

2) Axis Dynamic Bond Fund Direct Plan Growth Option has 1675 Cr worth of assets under management (AUM) as on 31-12-2022 and is more than category average.

3) The fund has an expense ratio 0.26 %.

Fund Overview

Expense ratio
Expense ratio
0.26%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹1675 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
67.1%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Government

77.7%

Corporate

19.4%

Cash Equivalent

2.8%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings77
Holdings
Weight%
Holdings Trend
1M Change
08.08 Tn SDL 2028
08.08 Tn SDL 2028
8.29%
0%
7.1% Govt Stock 2029
7.1% Govt Stock 2029
4.92%
38.3%
State Bank Of India
State Bank Of India
4.64%
0%
06.87 MH Sdl 2030
06.87 MH Sdl 2030
3.45%
0%
National Highways Authority Of India
National Highways Authority Of India
3.31%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 10.5 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 1.7K Cr
Nov'22
₹ 1.7K Cr
Oct'22
₹ 1.7K Cr

Fund Returns vs Benchmark

Jan'23
1.20%
0.96%
Dec'22
-0.59%
-0.15%
Nov'22
1.58%
0.84%
Fund Return
Benchmark Return

Fund Manager

Devang Shah

Devang Shah

Fund Manager of Axis Dynamic Bond Fund Direct Plan Growth Option, since 5 November 2012
R Sivakumar

R Sivakumar

Fund Manager of Axis Dynamic Bond Fund Direct Plan Growth Option, since 27 April 2011
Kaustubh Sule

Kaustubh Sule

Fund Manager of Axis Dynamic Bond Fund Direct Plan Growth Option, since 9 November 2021

AMC details

Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹2.47L Cr
as on 31-Dec-2022
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Email
customerservice@axismf.com

Fund Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.59% since inception which is more than its category average return of 5.93%
AUM size ₹1675 Cr

AUM size ₹1675 Cr

This fund has AUM of ₹1675 Cr which is more than its category average of ₹ 967 Cr
Expense Ratio 0.26%

Expense Ratio 0.26%

This fund has an expense ratio of 0.26% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions

The current NAV of Axis Dynamic Bond Fund Direct Plan Growth Option is 26.81 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Axis Dynamic Bond Fund Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.64%
0.64%
6 Month Returns
3.79%
3.79%
1 Year Returns
4.76%
4.76%
3 Years Returns
18.44%
5.8%
5 Years Returns
45.53%
7.79%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.26 as on January 2023
1675 Cr as on January 2023
Yield to Maturity is 7.57 as on January 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 5.2 as on January 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Devang Shah,R Sivakumar,Kaustubh Sule are the fund managers of Axis Dynamic Bond Fund Direct Plan Growth Option
The Exit load of Axis Dynamic Bond Fund Direct Plan Growth Option is 0%

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.