Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl

Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl

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Debt
Direct
Dynamic Bond
NAV: ₹ 11.98 as on 13-06-2024

About the Fund

Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl is a debt fund. This fund was started on 7 August, 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 Half Yearly Pyt of Inc Dis cum Cap Wdrl has ₹1703 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.

Returns

Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl has given a CAGR return of 7.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.46%, 5.09% and 6.69% respectively.

Holdings

Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 7.18% Govt Stock 2033, State Bank Of India, 06.87 MH Sdl 2030, Indian Railway Finance Corporation Limited

Taxation

As it is a dynamic bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl

To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
1 people have invested ₹ 1000 in Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.26%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹1703 Cr
Inception Date
Inception Date
7 August, 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 Half Yearly Pyt of Inc Dis cum Cap Wdrl 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%

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

Top Holdings of Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl as on (31-May-24)

  • Debt & Cash

Debt Holdings79
Holdings
Weight%
1M Change
7.34% Govt Stock 2064
7.34% Govt Stock 2064
8.42%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
5.04%
0%
State Bank Of India
State Bank Of India
4.66%
0%
06.87 MH Sdl 2030
06.87 MH Sdl 2030
3.44%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
3.03%
0%

Fund Manager

Devang Shah
Devang Shah
Fund Manager of Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl, since 5 November 2012
R Sivakumar
R Sivakumar
Fund Manager of Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl, since 27 April 2011

Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl 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 7.18% since inception which is more than its category average return of 5.88%
AUM size ₹1703 Cr

AUM size ₹1703 Cr

This fund has AUM of ₹1703 Cr which is more than its category average of ₹ 1480 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 Half Yearly Pyt of Inc Dis cum Cap Wdrl is ₹11.98 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.78%
0.78%
6 Month Returns
4.48%
4.48%
1 Year Returns
6.46%
6.46%
3 Years Returns
16.07%
5.09%
5 Years Returns
38.26%
6.69%
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 May 2024
₹1703 Cr as on May 2024
7.34% Govt Stock 2064(8.42%), 7.18% Govt Stock 2033(5.04%), State Bank Of India(4.66%), 06.87 MH Sdl 2030(3.44%), Indian Railway Finance Corporation Limited(3.03%) as on May 2024
Government(75.32%), Corporate(21.37%), Cash Equivalent(3.3%) as on May 2024
Yield to Maturity is 7.57 as on May 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 May 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 Half Yearly Pyt of Inc Dis cum Cap Wdrl
The Exit load of Axis Dynamic Bond Fund Direct Plan Half Yearly Pyt of Inc Dis cum Cap Wdrl is 0%