April 4, 2025
mayank
Axis Dynamic Bond Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 32.0866
Quarterly NAV IDCW: Rs 11.1396
NAV IDCW Half Yearly: Rs 12.5682
Suitable For Which Investors?
“Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending on where it expects to earn maximum returns, the fund management team actively decides whether to invest in bonds maturing in a few months or in the ones maturing several years later.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable.
Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The scheme will endeavor to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
Fund Manager:
1) Devang Shah
Education: Mr. Shah is B.Com and ACA.
Experience: Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
2) Hardik Shah
Education: Mr. Shah has done B.E. Information Technology and MBA Finance.
Experience: Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Axis Dynamic Bond Fund
| Fund House | Axis Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.59% |
| Benchmark | NIFTY Composite Debt Index A-III |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 1,360 Cr |
| (As on 28-Feb-2025) | |
| Expense | 0.32% |
| (As on 31-Mar-2025) | |
| Risk Grade | Average |
| Return Grade | Below Average |
Trailing Returns (%) of Axis Dynamic Bond Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Axis Dynamic Bond Dir | 3.45 | -0.04 | 3.02 | 3.54 | 4.41 | 9.78 | 7.13 | 7.05 | 8.00 | 8.12 |
| VR Bond | 2.43 | 0.29 | 1.55 | 2.44 | 3.47 | 8.28 | 6.94 | 5.70 | 6.30 | 6.45 |
| Debt: Dynamic Bond | 3.32 | -0.03 | 2.64 | 3.36 | 4.37 | 10.11 | 7.71 | 7.21 | 7.52 | 7.70 |
| Rank within category | 9 | 10 | 7 | 8 | 12 | 19 | 19 | 12 | 6 | 5 |
| Number of funds in category | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 21 | 18 | 16 |
Peer Comparison of Axis Dynamic Bond Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Axis Dynamic Bond Dir | 2 star | 9.78 | 7.13 | 7.05 | 0.32 | 1,360 | 8.59 | — | 12Y 3M |
| ICICI Pru All Seasons Bond Dir | 5 star | 10.09 | 8.38 | 8.08 | 0.59 | 13,644 | 9.76 | 0.25 (30) | 12Y 3M |
| SBI Dynamic Bond Dir | 4 star | 10.26 | 8.42 | 7.28 | 0.61 | 3,324 | 8.40 | 0.25 (30) | 12Y 3M |
| ABSL Dynamic Bond Dir | 4 star | 10.81 | 8.82 | 8.18 | 0.64 | 1,738 | 7.84 | 0.50 (90) | 12Y 3M |
| 360 ONE Dynamic Bond Dir | 4 star | 10.05 | 7.40 | 7.23 | 0.27 | 715 | 7.47 | — | 11Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 40 | 23 |
| Macaulay Duration (yrs) | 8.28 | 7.31 |
| Average Maturity (yrs) | 18.64 | 14.61 |
| Yield to Maturity (%) | 7.13 | 7.13 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Axis Dynamic Bond Fund
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