Sharpe ratio
0.55Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+5.38%1Y Absolute Return
-0.17%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Axis Dynamic Bond Fund - Direct Plan - Growth OptionFund 5Y annualised return | ₹8,51,494 | ₹7,32,612 | ₹1,18,882 | +6.24% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.08
₹1 Lakh since launch₹1.08 Lakh
Fund age13.9 yrs
Fund information
Scheme code120451
ISININF846K01DI3
BenchmarkNIFTY Composite Debt Index A-III
CategoryDebt Scheme - Dynamic Bond
Expense ratio0.34%
Exit loadNil
Minimum SIP₹1,000 SIP
Return comparison
9th / 160 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +9.99% | — | — |
| 3M | +0.22% | — | — |
| 6M | +7.49% | — | — |
| 1Y | +5.38% | — | +1.66% |
| 3Y | +7.43% | — | +3.62% |
| 5Y | +6.24% | — | +3.39% |
| 10Y | +7.26% | — | — |
| Since Launch | +8.23% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.83Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
2.02%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
1.16How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt95.35%
Real Estate3.12%
Cash1.54%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 61 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100 | Entities | GOI Securities | 13.441% |
| GOVERNMENT OF INDIA 33071 GOI 19JU53 7.3 FV RS 100 | Entities | GOI Securities | 6.8916% |
| GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100 | Entities | GOI Securities | 4.9217% |
| Others CBLO | Unspecified | CBLO | 4.9197% |
| EXPORT IMPORT BANK OF INDIA CD 11NOV26 | Financial | Certificate of Deposit | 4.8088% |
| KOTAK MAHINDRA BANK LIMITED CD 29JAN27 | Financial | Certificate of Deposit | 4.7401% |
| Small Industries Dev Bank of India (04/02/2027) ** | Financial | Certificate of Deposit | 4.7312% |
| POWER FINANCE CORPORATION LTD. SR 223 7.64 BD 22FB33 FVRS1LAC | Financial | Debenture | 4.0072% |
| POWER GRID CORPORATION OF INDIA LIMITED SR LXXI 7.52 BD 23MR33 FVRS1LAC | Energy & Utilities | Debenture | 3.4991% |
| GOVERNMENT OF INDIA 34733 GOI 05AG54 7.09 FV RS 100 | Entities | GOI Securities | 3.3588% |
Fund management
HA
Hardik Shah
Since 2024 · Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Mr. Shah has done B.E. Information Technology and MBA Finance.
DE
Devang Shah
Since 2012 · Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
Mr. Shah is B.Com and ACA.
Compare similar funds
No comparable category funds are available yet.
Summary
A moderate-risk debt scheme - dynamic bond fund. Recovered from its worst fall in 5 months.
Strengths
- Recovered from its worst fall in 5 months.
- Same fund manager for 14+ years — the strategy has not chopped and changed.
- Ranks 9 of 160 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its moderate risk level.
Risk drivers
- None