Axis Dynamic Bond Fund(G)-Direct Plan

Performance

Axis Dynamic Bond Fund - Direct Plan - Growth Option

Axis Bank Mutual Fund is sponsored by Axis Bank Ltd. and was incorporated in January 2009. The fund house launched its first scheme in October 2009 and as of March 2018, Axis Mutual Fund manages assets worth Rs.77,325.41 crore. Axis Mutual fund offers schemes across categories of equity, debt, hybrid, and Exchange-Traded Funds (ETFs).

The Axis Dynamic Bond Fund - Direct Plan - Growth Option is an open-ended dynamic debt scheme that invests in debt securities across duration. The direct option of the plan offers a low expense ratio to the investor while the growth option offers capital appreciation at the end of the investment period.

Investment Objective

To produce optimal returns for the investor by actively managing a portfolio of money market and debt securities.

Key Features of the Scheme

The Axis Dynamic Bond Fund is ideal for investors who wish to achieve capital gains from investments in debt and money market instruments. The scheme exhibits the below features:

Investment Amount for Axis Dynamic Bond Fund

Asset Allocation for Axis Dynamic Bond Fund

NAV Disclosure and Benchmark for Axis Dynamic Bond Fund

The Net Asset Value (NAV) of the Axis Dynamic Bond Fund is obtained by dividing its net assets by the number of outstanding units on the date of valuation. The NAV will be rounded off to 4 decimal places and disclosed at the close of every business day. The NAV will be updated on the website of the AMFI (www.amfiindia.com) and Axis Mutual Fund (www.axismf.com) by 9:00 p.m. every business day.

The NAV will also be sent for publication to at least 2 newspapers every business day. The newspapers publishing the NAV will have a nationwide circulation. The scheme’s portfolio will also be disclosed by the fund house on its website on the last day of the month or before the 10th day of the succeeding month.

Benchmark: CRISIL Composite Bond Fund Index

Fund Manager

Mr. Devang Shah and Mr. R Sivakumar

The Axis Dynamic Bond Fund is managed by Mr. Devang Shah and Mr. R Sivakumar. Mr. Devang Shah has been managing the fund for 3 years and he joined Axis Mutual Fund on 16 October 2012. Prior to this, he had worked with ICICI Prudential Asset Management Company Ltd., Deutsche Asset Management, and Pricewaterhouse Coopers. Some of the funds managed by him include Axis Income Fund, Axis Fixed Income Opportunities Fund, Axis Enhanced Arbitrage Fund, etc.

Mr. R. Sivakumar has been managing the Axis Dynamic Bond Fund for 5 years and he joined Axis Asset Management Company in August 2009. He has earlier worked with Fortis Investment Management, Sundaram Asset Management, and Zurich Asset Management. Besides this scheme, he also manages the funds - Axis Capital Protection Oriented Fund, Axis Equity Saver Fund, Axis Triple Advantage Fund, etc.

Why you should invest in the Axis Dynamic Bond Fund

• Stable returns - Since the Axis Dynamic Bond Fund invests in debt and money market securities, you can expect to receive stable returns on your investment. Also, since the risk associated with the scheme is moderate, it is ideal for investors with a moderate risk appetite.
• Special benefits - The Axis Dynamic Bond Fund offers added benefits like the SIP, STP, SWP, Switching Option, Dividend Sweep Option, etc. These extra features make the scheme a lucrative investment option.
• Multiple investment options - The Axis Dynamic Bond Fund allows investors to choose between the regular plan, direct plan, growth option, and dividend option. Having multiple investment choices allow investors to pick one that suits their investment requirements.
• Liquidity - Since the scheme is open-ended, investors can enjoy liquidity by being able to purchase or redeem units on any business day at the prevailing NAVs.

GST rate of 18% applicable for all financial services effective July 1, 2017.