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Axis Dynamic Bond Fund Growth

3 yr CAGR
+6.85%
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Regular

Growth

Fund overview

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Net Asset Value

23.9469
aum

AUM (Fund size)

2,234.86 Crore
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Lock-in period

No Lock-in
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Exit Load

0% in 0 days
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Expense ratio

0.66%
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Risk

Moderate

Top holdings

HoldingsWeightage
6.10% Govt Stock 20318.79%
08.08 TN SDL 20286.52%
06.51 KA SDL 20305.18%
Food Corporation Of India3.93%
State Bank of India3.89%
06.87 MH SDL 20302.68%
National Highways Authority of India2.6%
Food Corporation of India Limited2.52%
Indian Railway Finance Corporation Limited2.44%
Net Receivables / (Payables)2.39%

Calculate returns

Monthly (SIP)
One-Time
yrs
₹4,000 invested monthly becomes 0 in a period of 20 years

About Axis Asset Management Company Limited

Axis Mutual Fund had launched its first scheme in 2009. Mr. Chandresh Kumar Nigam is the MD & CEO. Axis Bank Limited holds 74.99% in Axis Mutual Fund.

Managers

R Sivakumar, Devang Shah, Kaustubh Sule

Custodians

Deutsche Bank AG

Address

Axis Asset Management Company Ltd. Axis House, 1st Floor, C-2, Wadia International Centre,

Fax Nos.

+91 22 43255199

Telephone Nos.

+91 22 43255161

Homepage

www.axismf.com

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About Axis Dynamic Bond Fund

Axis Dynamic Bond Fund is an open ended debt fund aimed at investing in a portfolio of debt instruments and money markets to generate income through investment.

Pros & Cons of Axis Dynamic Bond Fund

Axis Dynamic Bond Fund offers the following benefits: 1. The Fund also seeks to provide stable returns and regular income over short term. 2. The fund portfolio is well diversified with a mix of high quality credit debentures, bonds and money market securities.

Certain drawbacks of Axis Dynamic Bond Fund 1. Returns might not be as good as those provided by equity linked mutual funds.

Fund Information and Statistics of Axis Dynamic Bond Fund

i) Inception/ Launch date

Axis Dynamic Bond Fund was launched on Apr 27, 2011 Axis Mutual Fund AMC.

ii) Risk level

The fund has a moderate level of risk and aims to generate income over a medium term investment horizon.

iii) Redemption

Redemption of Units will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr. R. Sivakumar and Mr. Devang Shah are the fund managers of the scheme since 27 April 2011 and 5 November 2012 respectively.

v) Entry / Exit load

There is no exit load associated with the fund.

Tax benefits of investing in the fund

Long term capital gains tax applies to returns on this fund. A capital gain registered during a period of less than 3 years is defined as Short-term Capital Gain (STCG). A capital gain registered over a period of 3 years or more is defined as Long-term Capital Gains (LTCG). STCG from debt oriented funds are added to the investor’s income. They are then taxed according to his income slab. Long term capital gains tax from debt funds is taxed at the rate of 20% after indexation and 10% without the benefit of indexation.

About Axis Mutual Fund

Axis Dynamic bond fund is managed by Axis Mutual Fund AMC launched in October 2009. It has a strong record of performance attributed to the 3 founding principles – long term wealth creation, outside in (Customer) view and Long term relationship.

Start your investment
Monthly (SIP)
One-Time
Amount
Estimated value after 3 years

(as per historical returns)

2.09 Lakhs
Min investmentment of ₹100 required
risk

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Frequently Asked Questions

What are debt-funds?

Debt funds is an investment vehicle that mainly invest in fixed income securities like corporate bonds, treasury bills, government securities and other money market instruments.

Who should invest in a debt fund?

Debt funds are ideal for investors who want regular income, but are risk-averse. Debt funds are less volatile and, hence, are less risky than equity funds.

What are liquid funds?

Liquid funds is a type of mutual funds which have a very short maturity period, not more than 91 days. The shorter maturity period, makes it almost a risk-free investment.You can get your money out of liquid funds any time without any penalty or cost.

What is a lock-in period?

It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options. Lock-in period is calculated from the date of investment. Meaning SIPs will have different lock-in dates

Is KYC necessary for BLACK?

KYC is necessary for all fund houses. If you are investing through BLACK, you need to do your KYC just once. The same KYC will be used for all further investments.

What is a Mandate (Auto-SIP)?

A Mandate is a one-time registration through which you instruct your bank account to deduct a specified amount of money from your account daily towards investing into a SIP portfolio. Once you register for Mandate, you don’t have to follow the payment process every time you invest in the SIP.