Axis Dynamic Bond Fund Direct-Growth

Q: What are the returns of Axis Dynamic Bond Fund?

The Axis Dynamic Bond Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.68% since inception. Axis Dynamic Bond Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 11.45% 8.05% 7.21% 8.27% 8.68%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹32.5704+0.07% 1 day change	8.68% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹32.5704 as on Apr 23, 2025

This fund Category average

Axis Dynamic Bond Fund overview

VRO rating	2
Expense ratio	0.32% as on Mar 31, 2025
Exit load	0% Exit load of 1% if redeemed within 6 months!
AUM (Fund size)	₹1,355 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	NIFTY Composite Debt Index A-III
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Axis Dynamic Bond Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	2.9%	2.71%
3 months	4.37%	4.19%
6 months	6.01%	5.82%
1 year	11.45%	11.96%
3 years	8.05%	8.48%
5 years	7.21%	7.22%
7 years	8.31%	7.82%
10 years	8.27%	7.85%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 69.18898316%

AAA 26.27234011%

Cash & Call Money 3.42365636%

Term Deposits 0.76306478%

Top Debt Holdings

Maharashtra State 11.16%

Tamilnadu State 3.75%

State Bank of India 3.74%

HDFC Bank Ltd. 3.41%

Allocation by Instruments

GOI Securities 50.51854335%

State Development Loan 16.765346309999998%

Debenture 9.954016900000001%

Non Convertible Debenture 6.80653797%

Other Holdings

Others 0.35%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Axis Dynamic Bond Fund	N.A.	₹1,355 Crs	12 yrs 3 m	0.32%
ICICI Prudential All Seasons Bond Fund	N.A.	₹14,363 Crs	12 yrs 3 m	0.59%
PGIM India Dynamic Bond Fund	N.A.	₹103 Crs	12 yrs 3 m	0.35%
JM Dynamic Bond Fund	N.A.	₹45 Crs	12 yrs 3 m	0.52%
360 ONE Dynamic Bond Fund	N.A.	₹724 Crs	11 yrs 10 m	0.27%
Groww Dynamic Bond Fund	N.A.	₹62 Crs	6 yrs 5 m	0.4518%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Axis Dynamic Bond Fund	2.9%	6.01%	11.45%	8.05%	7.21%	8.27%
ICICI Prudential All Seasons Bond Fund	2.07%	5.79%	11.24%	8.81%	8.05%	8.9%
PGIM India Dynamic Bond Fund	2.9%	6.25%	12.89%	8.78%	7.25%	8.41%
JM Dynamic Bond Fund	2.82%	6.35%	11.86%	7.91%	6.96%	7.5%
360 ONE Dynamic Bond Fund	2.29%	5.43%	11.23%	7.88%	7.43%	7.42%
Groww Dynamic Bond Fund	2.93%	5.9%	10.87%	7.3%	6.27%	4.42%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Axis Dynamic Bond Fund	2.51	1.5	0.23	0.31
ICICI Prudential All Seasons Bond Fund	1.39	0.8	1.3	1.81
PGIM India Dynamic Bond Fund	1.83	1.02	0.87	1.93
JM Dynamic Bond Fund	1.66	0.89	0.51	1.02
360 ONE Dynamic Bond Fund	1.85	1.1	0.45	0.68
Groww Dynamic Bond Fund	1.88	1.0	0.04	0.07

View all Dynamic Bond funds

Key risk & return ratios Compared to other funds in the category

Alpha	-0.17 vs. 2.59 Underperformed at beating benchmark
Sharpe	0.23 vs. 2.7 Poor risk-adjusted returns
Beta	1.5 vs. 0.95 More sensitive to market's ups & downs
Standard deviation	2.51 vs. 2.32 More volatile performance

Compare Axis Dynamic Bond Fund in detail with

About this fund

About Axis Dynamic Bond Fund

Axis Dynamic Bond Fund Direct-Growth is a Dynamic Bond mutual fund scheme from Axis Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. Axis Dynamic Bond Fund Direct-Growth has ₹1,355 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Axis Dynamic Bond Fund Direct-Growth as of 23/04/2025 is ₹32.57. The fund has an expense ratio of 0.32%, which is less than what most other Dynamic Bond funds charge.

Axis Dynamic Bond Fund Direct-Growth returns of last 1-year are 11.46%. Since launch, it has delivered 8.69% average annual returns. The fund has doubled the money invested in it every 9 yrs.
Axis Dynamic Bond Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Maharashtra State, Tamilnadu State, State Bank of India, HDFC Bank Ltd., National Housing Bank.

...

Fund AUM	₹1,355 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Hardik Shah

Mr. Shah has done B.E. Information Technology and MBA Finance. Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.

Devang Shah

Mr. Shah is B.Com and ACA. Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.

Investment objective

The scheme will endeavor to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.

Axis Mutual Fund details

No. of schemes	68 view all schemes
Total AUM	₹3,22,861 Crs as on Mar 31, 2025
Address	23rd Floor, One Lodha Place, S. B. Road, Lower Parel. Mumbai, 400013
Phone	022-24255161

More funds from Axis Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Axis Gilt Fund	N.A.	₹868 Crs	13.49%	8.86%
Axis Floater Fund	N.A.	₹166 Crs	12.77%	8.66%
Axis Strategic Bond Fund	N.A.	₹1,899 Crs	10.81%	8.37%
Axis Long Duration Fund	N.A.	₹392 Crs	13.7%	N.A.
Axis Credit Risk Fund	N.A.	₹360 Crs	9.86%	7.94%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Axis Dynamic Bond Fund?

The current Net Asset Value (NAV) of the Axis Dynamic Bond Fund - Direct Growth plan is approximately ₹32.5704 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The Axis Dynamic Bond Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.68% since inception.

Axis Dynamic Bond Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
11.45%	8.05%	7.21%	8.27%	8.68%

How much does this mutual fund charge as expense ratio?

The Axis Dynamic Bond Fund - Direct Growth has an expense ratio of 0.32%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Axis Dynamic Bond Fund currently has assets under management (AUM) or fund size valued at approximately ₹1,355 Crs crore as of Mar 31, 2025.

To whom does Axis Dynamic Bond Fund lend to?

The top 3 debt holdings of Axis Dynamic Bond Fund are as follows

Holding Name	Percentage of Portfolio
Maharashtra State	11.16%
Tamilnadu State	3.75%
State Bank of India	3.74%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Axis Dynamic Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	69.18898316%
AAA	26.27234011%
Cash & Call Money	3.42365636%

What is risk level of Axis Dynamic Bond Fund?

This is a Dynamic Bond fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Axis Dynamic Bond Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Axis Dynamic Bond Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Axis Dynamic Bond Fund is complete.

How can I redeem my investments in Axis Dynamic Bond Fund?

Redeeming your investments in Axis Dynamic Bond Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Axis Dynamic Bond Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Dynamic Bond

#NA

Return Outperformance: This fund has generated highest return amongst Dynamic Bond funds in the last 10 Years.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 7.7% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.