AXIS DYNAMIC BOND FUND

(An Open-Ended Dynamic Debt Scheme Investing Across Duration. A relatively high interest rate risk and moderate credit risk.)

MARCH 2023

To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.

DATE OF ALLOTMENT 27th April 2011
MONTHLY AVERAGE1,734.25Cr.
AS ON 31st March, 20231,775.95Cr.
BENCHMARK NIFTY Composite Debt Index B-III
RESIDUAL MATURITY6.63 years
MODIFIED DURATION*4.86 years
MACULARY DURATION*5.14 years
Annualised Portfolio YTM*7.59%
*in case of semi annual YTM, it will be annualised
*As per AMFI Best Practices Guidelines Circular No. 88 / 2020 -21-Additional Disclosures in Monthly Factsheets. For instruments with put/call option, the put/call date has been taken as the maturity date. & The yield to maturity given above is based on the portfolio of funds as on date given above. This should not be taken as an indication of the returns that maybe generated by the fund and the securities bought by the fund may or may not be held till their respective maturities. The calculation is based on the invested corpus of the debt portfolio.
FUND MANAGER
Mr. R. Sivakumar
Work experience: 24 years. He has been managing this fund since 27th April 2011
Mr. Devang Shah
Work experience: 18 years. He has been managing this fund since 5th November 2012.


 

Past performance may or may not be sustained in future. Different plans have different expense structure.R Sivakumar is managing the scheme since 27th April 2011 and he manages 10 schemes of Axis Mutual Fund & Devang Shah is managing the scheme since 5th November 2012 and he manages 14 schemes of Axis Mutual Fund . Please refer to annexure for performance of all schemes managed by the fund managers. Returns greater than 1 year period are compounded annualised (CAGR). Face Value per unit : ₹ 10.


Regular Plan

Pursuant to payment of Distribution (of Income & Capital), the NAV of the above stated IDCW options of the scheme/plan would fall to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future. Face value of units is ₹10. IDCW means Income Distribution cum Capital Withdrawal.


Entry Load : NA
Exit Load : Nil



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