What is the NAV of Axis Dynamic Bond Fund?

₹34.71 per unit as of 19 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.

What is the expense ratio of Axis Dynamic Bond Fund?

0.34% a year for the Direct plan, as of 31 Aug 2026.

How large is Axis Dynamic Bond Fund?

₹969 crore under management as of 30 Sept 2026, in the Dynamic Bond category.

How risky is Axis Dynamic Bond Fund?

Its SEBI Riskometer reading is "Moderate Risk". Government bonds and interest-rate positioning, from medium to very long.

What are the 5-year returns of Axis Dynamic Bond Fund?

6.21% a year over the last 5 years (Direct plan, CAGR), against a Dynamic Bond average of 5.98%. Past returns do not predict future returns.

What is the worst 3-year return of Axis Dynamic Bond Fund?

6.0% a year – the weakest of 25 overlapping 3-year holding periods, beginning 3 Jan 2022. The median was 7.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.

Who manages Axis Dynamic Bond Fund?

Devang Shah, managing this fund for 13.9 years.

Axis Dynamic Bond Fund

Axis Mutual FundDirectOpen-endedDynamic BondRiskometer: Moderate Risk

NAV

₹34.71

as of 19 Oct 2026

Axis Dynamic Bond Fund is an open-ended Dynamic Bond scheme from Axis Mutual Fund managing ₹969 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹34.71 as of 19 Oct 2026. The expense ratio is 0.34% a year. Managed by Devang Shah. This page is factual data only – it carries no rating and no recommendation.

Key facts

Expense ratio: 0.34% / yr; as of 31 Aug 2026
Fund size: ₹969 crore; as of 30 Sept 2026
Exit load: None
SIP available: Yes
Launched: 27 Apr 2011
ISIN: INF846K01DI3

₹100 invested, fund vs category

The category line is the average of the funds in this category, built from nyvo’s own NAV data.

Rebased to 100data to 19 Oct 2026Benchmark: NIFTY COMPOSITE G-SEC INDEX

Oct 2021Oct 2026

Axis Dynamic Bond Fund

₹135

+35% on ₹100 over 5.0 yrs

Dynamic Bond average

₹134

+34% on ₹100 over 5.0 yrs

Returns vs category

Window	Fund	Category avg	Gap
3 months	0.06%	-0.51%	+0.57
6 months	2.74%	1.69%	+1.05
1 year	4.78%	2.98%	+1.80
3 years (CAGR)	7.42%	6.87%	+0.55
5 years (CAGR)	6.21%	5.98%	+0.23

Category average across 21 funds, as of 19 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.

Risk, measured

Sharpe ratio (3Y): 0.39
Sharpe ratio (5Y): 0.07
Sortino ratio (3Y): 0.70 vs category 0.06
Standard deviation (3Y): 2.59%
Deepest fall (5Y): -2.42%

Where the money actually is

Equity

4.4%

Bonds

45.2%

Cash

49.9%

Other

0.5%

Whole-portfolio split, as of 30 Sept 2026.

What it owns

56 positions · top 10 = 28.6%

Holdings by sector

Financial Services2.5%
Industrials1.9%

Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Sept 2026. Portfolio turnover 482.9% vs category 335.7% a year.

Other top holdings

Clearing Corporation Of India Ltd23.63%
Canara Bankmatures 3 Dec 202710.01%
7.3% Govt Stock 2053matures 19 Jun 20537.43%
Kotak Mahindra Bank Limitedmatures 29 Jan 20275.05%
Small Industries Development Bank Of Indiamatures 2 Apr 20275.04%
Power Grid Corporation Of India Limitedmatures 23 Mar 20333.49%
7.09% Govt Stock 2054matures 5 Aug 20543.37%
State Bank Of Indiamatures 21 Aug 20352.64%
National Bank For Agriculture And Rural Developmentmatures 15 Sep 20282.56%
6.94% Govt Stock 2036matures 11 May 20362.54%

Exposure figures are gross: funds that use derivatives (arbitrage, hedged books) hold offsetting positions, so concentration and turnover can read above 100%.

The debt it holds

Yield to maturity: 6.80% vs category 7.08%
Modified duration: 2.79 yrs vs category 5.10 yrs
Average maturity: 5.11 yrs vs category 11.10 yrs
Average coupon: 7.46%
Government securities: 36.0%

Credit quality

AAA: 100.0%

Government securities are counted inside AAA by the data provider’s ladder; the sovereign share is listed separately above. Credit quality as of 30 Sept 2026.

Portfolio characteristics as of 30 Sept 2026. Yield to maturity is what the portfolio would return if every holding were held to maturity and paid in full. It is not a forecast of the fund’s return, and it is quoted before expenses.

Money in, money out

Net flow, 12 months: −₹303 cr
Net flow, 3 months: −₹47 cr

as of 30 Sept 2026. Flows follow performance more than they predict it.

Quick answers

What is the NAV of Axis Dynamic Bond Fund?: ₹34.71 per unit as of 19 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
What is the expense ratio of Axis Dynamic Bond Fund?: 0.34% a year for the Direct plan, as of 31 Aug 2026.
How large is Axis Dynamic Bond Fund?: ₹969 crore under management as of 30 Sept 2026, in the Dynamic Bond category.
How risky is Axis Dynamic Bond Fund?: Its SEBI Riskometer reading is "Moderate Risk". Government bonds and interest-rate positioning, from medium to very long.
What are the 5-year returns of Axis Dynamic Bond Fund?: 6.21% a year over the last 5 years (Direct plan, CAGR), against a Dynamic Bond average of 5.98%. Past returns do not predict future returns.
What is the worst 3-year return of Axis Dynamic Bond Fund?: 6.0% a year – the weakest of 25 overlapping 3-year holding periods, beginning 3 Jan 2022. The median was 7.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
Who manages Axis Dynamic Bond Fund?: Devang Shah, managing this fund for 13.9 years.

Where this fund sits

Its shelf, all funds

Gl · Gilt & duration →

Government bonds and interest-rate positioning, from medium to very long.

The money map

How big this shelf is in India →

The whole industry sized by real money, from AMFI’s monthly data.

Side by side

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Other Dynamic Bond funds

Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY COMPOSITE G-SEC INDEX) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.