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: ₹ 29.52 as on 29-05-2024

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. This fund is suitable to keep your money safe.

Key Parameters

  1. Axis Dynamic Bond Fund Direct Plan Growth Option has ₹1737 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.
Fund Performance
zero opening, trading, fund transfer fee
98 people have invested ₹ 4.2L in Axis Dynamic Bond Fund Direct Plan Growth Option in the last three months

Overview

Expense ratio
Expense ratio
0.26%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹1737 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
13.09%

Axis Dynamic Bond Fund Direct Plan Growth Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
76.7%
Corporate
20.2%
Cash Equivalent
3.1%

Top Holdings of Axis Dynamic Bond Fund Direct Plan Growth Option as on (30-Apr-24)

  • Debt & Cash

Debt Holdings80
Holdings
Weight%
1M Change
08.08 Tn SDL 2028
08.08 Tn SDL 2028
6.2%
0%
State Bank Of India
State Bank Of India
4.56%
0%
06.87 MH Sdl 2030
06.87 MH Sdl 2030
3.36%
0%
National Highways Authority Of India
National Highways Authority Of India
3.19%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
2.97%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 1.7K Cr
₹ 1.7K Cr
₹ 1.7K Cr
  • AUM of the fund stands at 1.7K Cr as of Apr'24
  • AUM increased by 5.1 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
In the last 5 years, ICICI Prudential All Seasons Bond Fund Direct Plan Growth has given 8.26% return, outperforming this fund by 0.84% per annum.
Insights icon
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 0.99%.
Insights icon
In the last 1 year, Bandhan Dynamic Bond Fund - Direct Plan - Growth has given 8.53% return, outperforming this fund by 2.04%.
Insights icon
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 11% return, outperforming this fund by 5.68% per annum.

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

Axis Dynamic Bond Fund Direct Plan Growth Option 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 8.49% since inception which is more than its category average return of 5.87%
AUM size ₹1737 Cr

AUM size ₹1737 Cr

This fund has AUM of ₹1737 Cr which is more than its category average of ₹ 1482 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 ₹29.52 as on 29-May-2024.
Existing (Absolute + CAGR) as on 29-May-2024.
Axis Dynamic Bond Fund Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.95%
0.95%
6 Month Returns
4.43%
4.43%
1 Year Returns
6.5%
6.5%
3 Years Returns
16.84%
5.32%
5 Years Returns
42.7%
7.37%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.26% as on April 2024
₹1737 Cr as on April 2024
08.08 Tn SDL 2028(6.2%), State Bank Of India(4.56%), 06.87 MH Sdl 2030(3.36%), National Highways Authority Of India(3.19%), Indian Railway Finance Corporation Limited(2.97%) as on April 2024
Government(75.32%), Corporate(21.37%), Cash Equivalent(3.3%) as on April 2024
Yield to Maturity is 7.57 as on April 2024. 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 4.44 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Devang Shah, R Sivakumar 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%