Axis Dynamic Bond Fund Direct Plan Growth Option

"## About Axis Dynamic Bond Fund - Direct Plan - Growth As the name suggests, About Axis Dynamic Bond Fund - Direct Plan - Growth invests mostly in bonds. This fund is apt for risk-averse investors who would like to stay invested for a period of at least three years.

Pros and Cons of Axis Dynamic Bond Fund - Direct Plan - Growth

The biggest advantage of investing in About Axis Dynamic Bond Fund - Direct Plan - Growth is that this fund is not affected much by the market movements. Therefore, investors that are not willing to bear any risk may consider investing in this scheme. On the downside, the returns offered by this fund is not capable of beating that of equity funds. Fund Information and Statistics i) Inception/Launch date Axis Dynamic Bond Fund was launched on 27 April 2011. ii) Risk Level Investing in this fund is considered as safe as 89.3% is invested in very low-risk securities. Also, 5.02% of the portfolio is allocated towards government securities. Therefore, this mutual fund scheme is relatively safer. iii) Redemption Since this scheme is an open-ended one, you can place redemption request anytime. However, you need to factor the tax on capital gains before you decided to redeem your investments. iv) Fund Manager Mr Devang Shah and Mr R.Sivakumar are the current fund managers of the Axis Dynamic Bond Fund. v) Entry/Exit Load As per the SEBI’s guidelines, there is no entry load levied on the mutual fund plans. Also, this scheme comes with no exit load.

About Axis Mutual Fund

Axis Mutual Fund is one of the leading fund houses in India. It entered the mutual fund industry back in the year 2009. As of December 2019, the Axis Mutual Fund house has assets of worth Rs 1.2 lakh crore under its management."