Axis Dynamic Bond Fund Direct Growth

Axis Dynamic Bond Fund Direct Growth

NAV as on 02-04-2025

₹ 32.1

Inception Returns

8.6%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
61 people have invested ₹ 7.7L in Axis Dynamic Bond Fund Direct Growth in the last three months

About Axis Dynamic Bond Fund Direct Growth

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

Key Parameters

  1. Axis Dynamic Bond Fund Direct Growth has ₹1334 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Axis Dynamic Bond Fund Direct Growth has given a CAGR return of 8.57% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.10%, 6.92% and 6.79% respectively.

Holdings

Axis Dynamic Bond Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 7.1% Govt Stock 2034, 7.18% Govt Stock 2033, 7.3% Govt Stock 2053, State Bank Of India

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Axis Dynamic Bond Fund Direct Growth

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 Growth has no lock in period.

Axis Dynamic Bond Fund Direct Growth Overview

Expense ratio0.33%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹1334 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
17.99%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (02-Apr-25)

Period
Axis Dynamic Bond Fund Direct Growth
Dynamic Bond Index
1M
2.3%
1.3%
3M
2.8%
1.8%
6M
3.7%
2.5%
1Y
9.1%
7.6%
3Y
6.9%
6.7%
5Y
6.8%
6.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.6%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Government
81.8%
Corporate
12.6%
Cash Equivalent
5.6%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 1.4K Cr
₹ 1.4K Cr
₹ 1.4K Cr
  • AUM of the fund stands at 1.4K Cr as of Feb'25
  • AUM decreased by 6.6 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Power Grid Corporation Of India Limited's allocation increased from 0.3% to 3.06%
Power Grid Corporation Of India Limited's allocation increased from 0.3% to 3.06%
HDFC Bank Limited's allocation increased from 0.37% to 2.17%
HDFC Bank Limited's allocation increased from 0.37% to 2.17%
Nhpc Limited's allocation increased from 0.36% to 1.1%
Nhpc Limited's allocation increased from 0.36% to 1.1%
Top Stocks sold last month
Rec Limited's allocation decreased from 1.45 % to 1.42 %
Rec Limited's allocation decreased from 1.45 % to 1.42 %
HDFC Bank Limited's allocation decreased from 1.16 % to 0.74 %
HDFC Bank Limited's allocation decreased from 1.16 % to 0.74 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 0.72 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 0.72 %
Cash allocation has gone up from 4.4% to 5.6%
Cash allocation has gone up from 4.4% to 5.6%
Debt allocation has gone down from 95.3% to 94.1%
Debt allocation has gone down from 95.3% to 94.1%

Top 2 Sectors in February were Government, Corporate

Feb'25
Government
82%
Corporate
13%
Jan'25
Government
83%
Corporate
13%
  • Debt & Cash

Holdings
Weight%
1M Change
7.34% Govt Stock 2064
7.34% Govt Stock 2064
26.45%
-6.8%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
12.65%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
6.93%
-47.1%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
5.81%
-40%
State Bank Of India
State Bank Of India
3.77%
0%
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Hardik Shah
Hardik Shah
Fund Manager of Axis Dynamic Bond Fund Direct Growth, since 5 April 2024
Devang Shah
Devang Shah
Fund Manager of Axis Dynamic Bond Fund Direct Growth, since 5 November 2012
Fund House
Axis Asset Management Company Limited
Total Schemes
Total AUM
₹3.22L Cr
as on 28-Feb-2025
Address
Axis Asset Management Company Ltd.,Axis House, 1st Floor, C-2, Wadia International Centre,,Pandurang Budhkar Marg, Worli,
Phone
+912243255161
Website
customerservice@axismf.com

Mutual Fund Insights

Insights icon
Over the last 3 months, this fund has increased expense ratio by 26.9% moving from 0.26 to 0.33.
Insights icon
This fund has one of the lowest expense ratio in the category (dynamic bond). Its expense ratio is 0.33% which is lower than the category average expense ratio of 1.01%.
Insights icon
In the last 5 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 9.87% return, outperforming this fund by 3.07% per annum.
Insights icon
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 10.09% return, outperforming this fund by 3.17% per annum.
Insights icon
In the last 1 year, Aditya Birla Sun Life Dynamic Bond Fund Direct Plan Growth has given 9.83% return, outperforming this fund by 0.73%.
Insights icon
Over the last 6 months, this fund has experienced a 20.9% drop in AUM moving from 1.68K Cr to 1.33K Cr.

Axis Dynamic Bond Fund Direct Growth 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 8.57% since inception which is more than its category average return of 6.44%
AUM size ₹1334 Cr

AUM size ₹1334 Cr

This fund has AUM of ₹1334 Cr which is less than its category average of ₹ 2034 Cr
Expense Ratio 0.33%

Expense Ratio 0.33%

This fund has an expense ratio of 0.33% which is less than its category average expense ratio of 0.91%

More funds from Axis

Axis Gilt Fund Direct Plan Growth Option

Axis Gilt Fund Direct Plan Growth Option

5Y CAGR

▲ 7.26

Axis Floater Fund Direct Growth

Axis Floater Fund Direct Growth

3Y CAGR

▲ 8.00

Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth

Axis CRISIL IBX SDL June 2034 Debt Index Fund Direct Growth

1Y CAGR

▲ 9.88

Axis Long Duration Fund Direct Growth

Axis Long Duration Fund Direct Growth

1Y CAGR

▲ 9.68

Axis Strategic Bond Fund Direct Growth Option

Axis Strategic Bond Fund Direct Growth Option

5Y CAGR

▲ 7.68

Frequently Asked Questions for Axis Dynamic Bond Fund Direct Growth

The current NAV of Axis Dynamic Bond Fund Direct Growth is ₹32.1 as on 02-Apr-2025.
Existing (Absolute + CAGR) as on 02-Apr-2025.
Axis Dynamic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.33%
2.33%
6 Month Returns
3.7%
3.7%
1 Year Returns
9.1%
9.1%
3 Years Returns
22.23%
6.92%
5 Years Returns
38.89%
6.79%
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.
0.33% as on March 2025
₹1334 Cr as on March 2025
7.34% Govt Stock 2064(26.45%), 7.1% Govt Stock 2034(12.65%), 7.18% Govt Stock 2033(6.93%), 7.3% Govt Stock 2053(5.81%), State Bank Of India(3.77%) as on March 2025
Government(84.01%), Corporate(12.82%), Cash Equivalent(3.18%) as on March 2025
Yield to Maturity is 7.13 as on March 2025. 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 7.97 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Hardik Shah, Devang Shah are the fund managers of Axis Dynamic Bond Fund Direct Growth
The Exit load of Axis Dynamic Bond Fund Direct Growth is 0%