Fund Performance
Lumpsum
SIP
4.05
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,265 today.
NAV Performance
Fund Information
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₹ 25.866
as on 08 Dec 2023 -
Regular - Growth
-
5 / 27
-
₹ 5,000
-
₹ 1,776 Cr.
as on 31 May 2023 -
0.66%
-
27 Apr 2011
-
CRISIL 10 Year Gilt Index
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Axis Mutual Fund
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Highlights of this fund
Axis Dynamic Bond Fund is an Open-ended Debt Fund. The fund belongs to Dynamic Bond Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 27 Apr 2011. This fund is offered by one of the top AMC (Assets Management Company) Axis Mutual Fund. You can also view here all other Debt funds offered by Axis Mutual Fund.
Latest NAV of the fund is ₹ 25.866 as on 08 Dec 2023.
This fund has 12 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.66%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
List of Fund Managers of Axis Dynamic Bond Fund
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About R. Sivakumar
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About Devang Shah
Devang Shah is the Deputy Head - Fixed Income at Axis AMC. His core responsibilities include managing top quartile performance for all funds along with managing client relationship. Devang joined Axis AMC on October 2012 as a Fund Manager and was promoted to Deputy Head in June 2018. He has been actively involved in the ideation, sourcing and investment strategy for fixed income funds. Prior to this, Devang was working with ICICI Prudential AMC as a Fund Manager from April 2008 till October 2012. His primary responsibilities include – 1. Analysing domestic fixed income markets, provide views on interest rate, credit environment & domestic monetary aggregates 2. Managing portfolio and trading in Debt & Money Market Instruments 3. Analysing various credit structures (LAS, ABS Pools, LAP) and credit exposures for the fund house. He has also worked with Deutsche AMC and PwC in past.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.88% | 1.10% | 5.49% | 4.21% | 7.48% | 7.58% | 8.79% | 7.69% | 9.07% | 7.20% | 7.01% | 8.30% | 7.80% | 7.74% |
| Category Average | 0.24% | 0.44% | 1.16% | 2.11% | 5.51% | 4.33% | 4.28% | 5.97% | 7.29% | 5.64% | 5.55% | 4.98% | 5.33% | 6.34% |
| Axis Dynamic Bond Fund | 0.11%₹ 10,011 | 0.47%₹ 10,046 | 0.90%₹ 10,090 | 1.68%₹ 10,167 | 5.89%₹ 10,589 | 5.54%₹ 12,357 | 3.83%₹ 10,780 | 5.62%₹ 25,419 | 4.05%₹ 11,265 | 4.88%₹ 38,777 | 7.14%₹ 14,124 | 5.66%₹ 69,234 | 7.85%₹ 21,305 | 6.89%₹ 1,71,053 |
| ICICI Prudential All Seasons Bond Fund | 0.19%₹ 10,019 | 0.51%₹ 10,051 | 1.63%₹ 10,162 | 3.10%₹ 10,310 | 7.20%₹ 10,720 | 7.20%₹ 12,462 | 5.62%₹ 11,155 | 7.01%₹ 25,773 | 5.33%₹ 11,685 | 6.18%₹ 39,536 | 7.69%₹ 14,486 | 6.69%₹ 71,039 | 9.07%₹ 23,856 | 7.74%₹ 1,78,894 |
| Kotak Dynamic Bond Fund | 0.42%₹ 10,042 | 0.72%₹ 10,072 | 1.37%₹ 10,136 | 2.51%₹ 10,250 | 5.97%₹ 10,596 | 6.47%₹ 12,416 | 4.03%₹ 10,822 | 5.65%₹ 25,425 | 3.97%₹ 11,237 | 4.89%₹ 38,781 | 6.99%₹ 14,023 | 5.55%₹ 69,045 | 7.85%₹ 21,305 | 7.03%₹ 1,72,356 |
| SBI - Dynamic Bond Fund | 0.22%₹ 10,022 | 0.37%₹ 10,036 | 1.02%₹ 10,102 | 1.96%₹ 10,195 | 6.47%₹ 10,646 | 6.17%₹ 12,397 | 5.30%₹ 11,088 | 6.39%₹ 25,616 | 4.23%₹ 11,322 | 5.49%₹ 39,131 | 7.12%₹ 14,108 | 5.78%₹ 69,441 | 7.80%₹ 21,203 | 6.97%₹ 1,71,743 |
| IDFC Dynamic Bond Fund | 0.48%₹ 10,047 | 0.49%₹ 10,049 | 0.74%₹ 10,073 | 1.21%₹ 10,121 | 5.49%₹ 10,548 | 4.81%₹ 12,310 | 3.07%₹ 10,623 | 4.57%₹ 25,152 | 2.86%₹ 10,883 | 3.82%₹ 38,159 | 6.46%₹ 13,678 | 4.72%₹ 67,610 | 7.64%₹ 20,900 | 6.40%₹ 1,66,765 |
| Aditya Birla Sun Life Dynamic Bond Fund | 0.22%₹ 10,022 | 0.47%₹ 10,046 | 1.09%₹ 10,108 | 2.23%₹ 10,223 | 6.26%₹ 10,626 | 5.90%₹ 12,379 | 5.98%₹ 11,231 | 6.64%₹ 25,678 | 5.81%₹ 11,847 | 6.23%₹ 39,565 | 5.25%₹ 12,921 | 5.91%₹ 69,659 | 6.94%₹ 19,568 | 5.87%₹ 1,62,158 |
Portfolio Holdings
Top Debt Instrument Type holdings of Axis Dynamic Bond Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| NCD & Bonds | 60.28% | ₹ 1,110.76 Cr. |
| GOI | 36.53% | ₹ 673.00 Cr. |
| Others | 3.19% | - |
Top Debt Holdings of Axis Dynamic Bond Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 36.53% | ₹ 673.00 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 8.41% | ₹ 154.81 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 8.12% | ₹ 149.52 Cr. |
| Bond - Indian Railway Finance Corporation Ltd. | 6.93% | ₹ 127.76 Cr. |
| Bond - National Highways Authority of India | 6.28% | ₹ 115.90 Cr. |
| Others | 33.73% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 2.84% |
| TREPS | 0.35% |