- Mutual Funds
- Axis Mutual Fund
- Axis Dynamic Bond Fund Pyt (PIDCW-6M)
Axis Dynamic Bond Fund Pyt (PIDCW-6M)
₹ 10.8875
NAV (Apr 18)
Dynamic Bond Funds have the flexibility to invest in instruments across duration.The exposure is dependent on the outlook of the Fund Manager.
Such funds are also allowed to invest across the credit quality spectrum.They tend to be exposed to higher credit risk and longer maturity paper which makes them quite volatile.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.8875
NAV (Apr 18)
Fund Returns
Last 1Y | 6.9% |
Last 3Y | 5% |
Last 5Y | 6.7% |
Last 10Y | 6.5% |
Since Inception | 6.5% |
6 Month CAGR | 4.2% |
Scheme Information
To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
Expense Ratio | 0.57 |
Launched (13y ago) | Apr 27, 2011 |
AUM in Crores | 1708.409 |
ISIN | INF846K01941 |
Lock-in | No Lock-in |
Benchmark | Nifty Composite Debt Index TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 2.4 |
Standard Deviation (5yr) | 3.6 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.083 |
Sharpe Ratio (5yr) | 0.4 |
YTM | 7.5 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Axis Dynamic Bond Fund Pyt (PIDCW-6M) | 8,61,233 | 1,28,621 | 6.7% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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 before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
08.08 tn sdl 2028
7.8%state bank of india
4.6%06.87 mh sdl 2030
3.4%national highways authority of india
3.3%net receivables / (payables)
3.1%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Axis Asset Management Company Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5% | 7.9% | ||
5.5% | 7% | ||
5.8% | 7% | ||
5.9% | 8% | ||
- | 4.9% |
Axis Dynamic Bond Fund Pyt (PIDCW-6M) Review
Axis Dynamic Bond Fund Pyt (PIDCW-6M) is a Dynamic Bond Debt fund and has delivered an annualised return of 6.5% over a period of 12 years. The fund is managed by Axis Asset Management Company Limited. The fund managers are Devang Shah, Hardik Shah.
Nav of Axis Dynamic Bond Fund Pyt (PIDCW-6M) as of 4/18/2024 is ₹10.89 with the total AUM as of 4/19/2024 is ₹1708.409. With Scripbox you can compare and check the latest nav for all mutual funds in India. Axis Dynamic Bond Fund Pyt (PIDCW-6M) was launched on Apr 27, 2011. The category risk of the fund is Moderate Risk.
The minimum SIP amount for Axis Dynamic Bond Fund Pyt (PIDCW-6M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Axis Dynamic Bond Fund Pyt (PIDCW-6M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Composite Debt Index TR INR.
Axis Dynamic Bond Fund Pyt (PIDCW-6M) is rated as a 4 fund in Debt and delivered 6.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Axis Dynamic Bond Fund Pyt (PIDCW-6M).
Frequently Asked Questions
What is Axis Dynamic Bond Fund Pyt (PIDCW-6M)?
How to invest in Axis Dynamic Bond Fund Pyt (PIDCW-6M)?
You can invest in Axis Dynamic Bond Fund Pyt (PIDCW-6M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Axis Dynamic Bond Fund Pyt (PIDCW-6M)?
The minimum sip amount for Axis Dynamic Bond Fund Pyt (PIDCW-6M) is ₹1000. You can invest in multiples of ₹5000.
Is Axis Dynamic Bond Fund Pyt (PIDCW-6M) good to invest in?
As per Scripbox experts, Axis Dynamic Bond Fund Pyt (PIDCW-6M) is a Top Ranked fund. You can investAxis Dynamic Bond Fund Pyt (PIDCW-6M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Axis Dynamic Bond Fund Pyt (PIDCW-6M)?
The expense ratio of the Axis Dynamic Bond Fund Pyt (PIDCW-6M) is 0.57% for regular plan.