Axis Dynamic Bond Fund(G)

Axis Dynamic Bond Fund-Reg(G)
NAV Day Change
0.03 | 0.12%
NAV (As on 05-01-2021)
23.09
Dividend Yearly
NA
Category
Debt - Income
52-week NAV high
23.06  (As on 04-01-2021)
52-week NAV low
20.47  (As on 23-03-2020)
Expense
0.67%  (As on 30-11-2020)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.46 2.95 3.79 12.34 11.77 9.75 7.94 9.18 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Apr 27, 2011
Last Dividend
NA
Minimum Investment
5000

The Axis Dynamic Bond Fund - Growth Option is an open-ended debt scheme offered by Axis Mutual Fund and managed by Axis Asset Management Company Limited. The trustee company of the fund house is Axis Mutual Fund Trustee Limited. The Axis Dynamic Bond Fund - Growth Option comes with a moderate risk factor, making it a good investment option for those who are not too keen on undertaking high levels of risk to generate returns.

Investment Objective of the Axis Dynamic Bond Fund - Growth Option

The investment objective of the Axis Dynamic Bond Fund - Growth Option is to provide optimal returns to investors while ensuring that liquidity is maintained by managing the portfolio of money market and debt instruments actively.

Key Features of the Axis Dynamic Bond Fund - Growth Option

Some of the significant features of the Axis Dynamic Bond Fund - Growth Option are as indicated in the table below:

Type of fund

Open-ended debt scheme

Plans available
  • Axis Dynamic Bond Fund
  • Axis Dynamic Bond Fund – Direct Plan

Options under each plan

Both of the aforementioned plans come with the following options:

  • Growth option
  • Dividend option

The Dividend option comes with the following sub-options:

  • Half-yearly (payout and reinvestment)
  • Quarterly (payout and reinvestment)

Risk

Moderate

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for the Axis Dynamic Bond Fund - Growth Option

Here is the information regarding the investment amounts and loads:

Minimum application amount

Rs.5,000 and in multiples of Re.1 thereafter

Minimum additional investment

Rs.100 and in multiples of Re.1 thereafter

Minimum instalment for Systematic Investment Plan (SIP)

  • For Monthly SIP: Rs.1,000 and in multiples of Re.1 (minimum of 12 instalments)
  • For Yearly SIP: Rs.12,000 and in multiples of Re.1 (minimum of three instalments)

Entry Load

Not Applicable

Exit Load
  • In case of redemption of up to 10% of the units within a year from the date of allotment, there will be no exit load
  • In case of redemption of more than 10% of the units within a year from the date of allotment, 1% of the applicable NAV shall be charged as exit load
  • In case of redemption of units after the completion of a year from the date of allotment, there will be no exit load

Asset Allocation for the Axis Dynamic Bond Fund - Growth Option

Instruments

Allocations (Percentage of total assets)

Risk Profile

Debt securities including corporate debt and GSecs

0% to 100%

Low to Medium

Money market securities

0% to 10%

Low

NAV Disclosure and Benchmark for the Axis Dynamic Bond Fund - Growth Option

The Asset Management Company shall calculate the Net Asset Value of the Axis Dynamic Bond Fund - Growth Option on every business day and ensure that the same is published in a minimum of two national dailies that are circulated across India. The Net Asset Value shall also be updated on the website of the Asset Management Company as well as the website of the Association of Mutual Funds in India by 9:00 p.m. on each working day.

The benchmark adopted by Axis Dynamic Bond Fund - Growth Option is CRISIL Composite Bond Fund Index.

Axis Dynamic Bond Fund - Growth Option Fund Manager

The Axis Dynamic Bond Fund - Growth Option is managed by Mr. R. Sivakumar and Mr. Devang Shah. While Mr. Sivakumar is the Head of Fixed Income and Products at Axis Asset Management Company Ltd., Mr. Shah is the Fund Manager of Fixed Income at the AMC. Both fund managers have ample experience in the mutual fund sector, and also manage a number of other schemes for Axis Mutual Fund, such as Axis Equity Saver Fund, Axis Capital Protection Oriented Fund, Axis Triple Advantage Fund, Axis Income Fund, Axis Liquid Fund, Axis Fixed Income Opportunities Fund, Axis Enhanced Arbitrage Fund, etc.

Why you should Invest in the Axis Dynamic Bond Fund - Growth Option

The Axis Dynamic Bond Fund - Growth Option is a good investment option for those who want optimal returns between the medium to long term. It is also a worthwhile option for those who want stable returns while ensuring that their portfolio is managed actively, thereby maintaining liquidity.

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