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Home>Mutual Funds>Axis Mutual Fund>Axis Dynamic Bond Direct Fund IDCW Half Yearly

Axis Dynamic Bond Direct Fund IDCW Half Yearly

Debt
Dynamic Bond
Moderate Risk
Payout
7.72%
3Y annualised
-0.12% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 13 May 2022₹11.29
Min. SIP amount₹1,000
Rating3
Fund size₹2,520.97Cr

Returns and rankings

Category: Debt Dynamic Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns0.9%7.7%7.3%8.6%
Category average3.9%7.6%7.0%NA
Rank with in category2274NA
Understand terms

Holdings (74)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec16.2%
Tamilnadu State
OthersSDL5.8%
Karnataka State
OthersSDL4.6%
Food Corporation of India
Consumer StaplesDebenture3.5%
State Bank of IndiaFinancialAdditional Tier 2 Bo3.5%
Housing Development Finance Corpn. Ltd.FinancialDebenture3.0%
Maharashtra State
OthersSDL2.4%
National Highways Authority of India Ltd.ServicesNCD2.3%
Food Corporation of India
Consumer StaplesDebenture2.3%
Indian Railway Finance Corporation Ltd.FinancialDebenture2.2%
See All

Pros and cons

Category: Debt Dynamic Bond

Pros

3Y and 5Y annualised returns higher than category average
Higher alpha: 2.08 The fund has generated returns higher than benchmark - NIFTY Composite Debt Index B-III - in the last 3Y
Exit load is zero
Lower expense ratio: 0.25%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

1Y annualised returns lower than category average by 0.81%

Expense ratio, exit load and tax

Expense ratio: 0.25%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹100
Min. for SIP₹1,000

Fund management

R Sivakumar
Jan 2013 - Present
View details

Education
Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.
Experience
Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.
Also manages these schemes

Devang Shah
Jan 2013 - Present
View details

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.
Also manages these schemes

Kaustubh Sule
Nov 2021 - Present
View details

Education
Mr. Sule is a B.E. (Computer Engineering) & MBA (Finance)
Experience
Prior to joining Axis Asset Management Company Ltd., he has worked with HDFC Standard Life Insurance Company Ltd., Reliance Life Insurance Company Ltd., Union Bank of India, Hexaware Technologies Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"Axis House" - 1st Floor,C-2 - Wadia International Centre,Pandurang Budhkar Marg , Worli, Mumbai 400025
Phone
022-24255161
Launch Date
04 Sep 2009
Amc Image
Axis Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in Axis Dynamic Bond Direct Fund IDCW Half Yearly?

You can easily invest in Axis Dynamic Bond Direct Fund IDCW Half Yearly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Axis Dynamic Bond Direct Fund IDCW Half Yearly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Axis Dynamic Bond Direct Fund IDCW Half Yearly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Axis Dynamic Bond Direct Fund IDCW Half Yearly provide?

The Axis Dynamic Bond Direct Fund IDCW Half Yearly has been there from 01 Jan 2013 and the average annual returns provided by this fund is 0.95% since its inception.

How much expense ratio is charged by Axis Dynamic Bond Direct Fund IDCW Half Yearly?

The term Expense Ratio used for Axis Dynamic Bond Direct Fund IDCW Half Yearly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Axis Dynamic Bond Direct Fund IDCW Half Yearly is 0.25% as of 17 May 2022...

What is the AUM of Axis Dynamic Bond Direct Fund IDCW Half Yearly?

The AUM, short for Assets Under Management of Axis Dynamic Bond Direct Fund IDCW Half Yearly is ₹2,520.97Cr as of 17 May 2022.

How to Redeem Axis Dynamic Bond Direct Fund IDCW Half Yearly?

If you want to sell your Axis Dynamic Bond Direct Fund IDCW Half Yearly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Axis Dynamic Bond Direct Fund IDCW Half Yearly?

You can select either SIP or Lumpsum investment of Axis Dynamic Bond Direct Fund IDCW Half Yearly based on your investment objective and risk tolerance.

What is the NAV of Axis Dynamic Bond Direct Fund IDCW Half Yearly?

The NAV of Axis Dynamic Bond Direct Fund IDCW Half Yearly is ₹11.29 as of 13 May 2022.

What is the PE and PB ratio of Axis Dynamic Bond Direct Fund IDCW Half Yearly?

The PE ratio ratio of Axis Dynamic Bond Direct Fund IDCW Half Yearly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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