Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout
Debt
Direct
Dynamic Bond
NAV: ₹ 11.8 as on 25-09-2023
Fund Performance
2 people have invested ₹ 2K in Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout in the last three months
About the Fund
Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout 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
- Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout has ₹1821 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout Overview
 | 0.26% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹1821 Cr |
 | 7 August, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 13.09% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
75.6%
Corporate
20.7%
Cash Equivalent
3.7%
Top Holdings of Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout as on (31-Aug-23)
Debt Holdings78
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 08.08 Tn SDL 2028 | 7.31% | 0% | |
7.1% Govt Stock 2029 | 5.07% | 0% | |
State Bank Of India | 4.3% | 0% | |
7.26% Govt Stock 2032 | 3.85% | 0% | |
HDFC Bank Limited | 3.55% | 384.6% |
See all
Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 1.8K Cr as of Aug'23
- AUM decreased by 9.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout Fund Manager
Devang Shah
Fund Manager of Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout, since 5 November 2012
Top funds managed
R Sivakumar
Fund Manager of Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout, since 27 April 2011
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.16% since inception which is more than its category average return of 5.88%
AUM size ₹1821 Cr
This fund has AUM of ₹1821 Cr which is more than its category average of ₹ 1364 Cr
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 IDCW Payout is ₹11.76 as on 25-Sep-2023.
Existing (Absolute + CAGR) as on 25-Sep-2023.
Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout | Absolute Returns | CAGR Returns |
1 Month Returns | 0.87% | 0.87% |
6 Month Returns | 4.37% | 4.37% |
1 Year Returns | 7.15% | 7.15% |
3 Years Returns | 15.7% | 4.98% |
5 Years Returns | 41.9% | 7.25% |
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 August 2023
₹1821 Cr as on August 2023
08.08 Tn SDL 2028(7.31%), 7.1% Govt Stock 2029(5.07%), State Bank Of India(4.3%), 7.26% Govt Stock 2032(3.85%), HDFC Bank Limited(3.55%) as on August 2023
Government(75.01%), Corporate(20.81%), Cash Equivalent(4.18%) as on August 2023
Yield to Maturity is 7.52 as on August 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 4.79 as on August 2023. 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 IDCW Payout
The Exit load of Axis Dynamic Bond Fund - Direct Plan - Half Yearly IDCW Payout is 0%