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Axis Mutual Fund

Axis Dynamic Bond Fund - Direct Plan - Quarterly IDCW

★★★★★ TopFund est.

TopFund Score (fallback rating)

  • Calculated by: TopFund — used only when no third-party rating exists for this fund
  • Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis

Full rating methodology →

TopFund Score: 37/100 · Weak

How this score is calculated

  • Star rating (35%)1/5
  • 3Y CAGR (30%)3.5%
  • Expense ratio (20%)0.74%
  • AUM (15%)₹118 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Axis Mutual Fund · Income/Debt Oriented · Dynamic Term Fund

₹11.55

-0.0 (-0.01%)

AUM: ₹118 Cr

NAV updated about 23 hours ago

Plan

Direct

Option

Idcw

Risk

Moderate

Expense Ratio

0.74%

Exit Load

Nil

Fund Manager

Mayank Prakash, Vikram Pamnani

Inception

Jan 2013

Benchmark

CRISIL Dynamic Bond A-III Index

Sharpe Ratio

-1.19

Std Dev (1Y)

2.48%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-0.14%

3m

-0.29%

6m

+2.1%

1y

+2.48%

3y

+3.5%

5y

+0.97%

10y

+0.07%

since inception

+0.89%

TopFund's Take on Axis Dynamic Bond Fund - Direct Plan - Quarterly IDCW

Axis Dynamic Bond Fund - Direct Plan - Quarterly IDCW lags behind most of its peers in the Dynamic Term Fund category, currently carrying a 1-star rating. Returns have been soft relative to what the category has offered — worth checking if this is a temporary phase or a longer pattern. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 37/100.

Cost: At 0.74%, the expense ratio runs 25% above the Dynamic Term Fund category average of 0.59%. That gap is worth weighing against the fund's actual performance versus cheaper peers before committing to a long SIP.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.19 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 2.48% is on the lower side for a Dynamic Term Fund fund, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented fund.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Financial 55.32%
Entities 40.08%
Industrials 0.15%

Asset Allocation

GOI Securities 40.08%
Bonds 21.14%
Certificate of Deposit 16.46%
Debenture 16.02%
CBLO 4.96%
Bonds/NCDs 1.70%
Alternative Investment Fund 0.52%
Infrastructure Investment Trust 0.15%

Frequently Asked Questions about Axis Dynamic Bond Fund - Direct Plan - Quarterly IDCW

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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