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Axis Dynamic Term Fund

Dynamic BondModerateOPEN-ENDED
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NAV as on 24 Sep 2026
₹31.54-0.16%1 day
Return since launch
7.7%
52-week range
₹29.79 — ₹31.70
AUM
₹993 Cr

Axis Dynamic Term Fund is a Dynamic Bond debt fund from Axis Mutual Fund with ₹993 Cr under management, launched in 2011. Over three years it has returned 6.5% a year, against 6.1% for its category. The expense ratio is 0.65% and the SEBI riskometer reading is Moderate.

Performance

Axis Dynamic Term Fund NAV and returns

Growth of the fund against its category average over the period you pick.

Over 1Y this fund returned +5.8% against +3.7% for its category.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y5.7%+2.1 pts3.6%3.5%
2Y5.8%+1.9 pts4.0%4.0%
3Y6.5%+0.4 pts6.1%5.1%
5Y6.6%+1.2 pts5.4%5.6%
7Y6.4%+0.7 pts5.7%5.5%
10Y6.7%+0.6 pts6.1%5.8%

Fund against category

1Y
Fund5.7%
Category3.6%
3Y
Fund6.5%
Category6.1%
5Y
Fund6.6%
Category5.4%

Since launch (6 Apr 2011): 7.7%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20257.1%+0.7 pts6.3%
20248.5%−0.8 pts9.3%
20236.6%−0.7 pts7.3%
20222.1%−1.7 pts3.8%
20213.9%−0.3 pts4.2%
202012.3%+1.9 pts10.5%

Returns over one year are annualised. Shorter periods are absolute.

Costs & terms

Costs and terms

What the fund charges each year, and the rules around putting money in and taking it out.

Costs

0.65%

Expense ratio as on 22 Sep 2026

Charged yearly and already deducted from the NAV.

Base expense
0.53%
Brokerage
0.01%
Transaction charges
0.01%
Statutory levies
0.10%
Exit load
Exit load of 1% if redeemed within 12 months
Lock-in
None

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
NIFTY Composite Debt Index A-III

Risk

Risk

What the riskometer means for this fund, and how its ratios sit against the category.

Moderate

Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.

Risk ratios
RatioFundCategory avgRead as
Alpha——Return earned above what the benchmark alone would have given. Higher is better.
Beta——How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.510.47Return earned for each unit of total risk taken. Higher is better.
Sortino0.900.71Return earned for each unit of downside risk. Higher is better.
Std. deviation2.573.13How widely monthly returns have varied around their own average. Lower is steadier.
Average of 4 category peers

Portfolio

Axis Dynamic Term Fund portfolio

Portfolio as of 31 Aug 2026

Asset allocation

  • Debt89.3%
  • Other10.7%

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
OthersOthers20.53%₹204 Cr+1.49%+1.34%+1.21%
National Bank For Agriculture & Rural DevelopmentFinancial7.00%₹69.44 Cr+1.99%+1.84%+1.73%
HDFC Bank Ltd.Financial5.99%₹59.43 Cr+1.47%+1.36%+1.30%
Kotak Mahindra Bank Ltd.Financial4.90%₹48.66 Cr+4.63%+4.15%—
Small Industries Devp. Bank of India Ltd.Financial4.89%₹48.57 Cr+4.62%+8.29%+2.10%
Power Grid Corporation Of India Ltd.Energy3.83%₹38.04 Cr+0.79%+0.73%+0.69%
State Bank of IndiaFinancial2.61%₹25.94 Cr+0.48%+0.44%+4.15%
NHPC Ltd.Energy2.55%₹25.30 Cr+1.45%+1.34%+1.27%
Bank Of BarodaFinancial2.45%₹24.30 Cr———
Export-Import Bank Of IndiaFinancial2.01%₹19.98 Cr+1.89%+1.75%+1.65%

Sectors

  • Financial39.2%
  • Others28.0%
  • Sovereign19.8%
  • Energy6.4%
  • Services3.8%
  • Construction2.9%

Instruments

  • Certificate of Deposit24.6%
  • GOI Securities19.8%
  • CBLO13.7%
  • Debenture9.4%
  • Net Receivables6.3%
  • Non Convertible Debenture5.3%
  • State Development Loan4.6%
  • Infrastructure Investment Trust4.3%

Recent changes

HoldingFromToWeight
Raajmarg Infra Investment Trust1.37%1.43%+0.06%
Kotak Mahindra Bank Ltd.4.85%4.90%+0.05%
Small Industries Devp. Bank of India Ltd.4.84%4.89%+0.05%
State Bank of India2.64%2.61%-0.03%
Bank Of Baroda2.42%2.45%+0.02%
Indus Infra Trust1.00%1.02%+0.02%
Indian Railway Finance Corporation Ltd.0.98%0.97%-0.01%
Export-Import Bank Of India1.00%0.99%-0.01%
Cube Highways Trust1.86%1.87%+0.01%
Power Finance Corporation Ltd.0.51%0.51%0.00%
India Infrastructure Finance Company Ltd.0.29%0.28%0.00%
Others0.52%0.52%0.00%
Maharashtra State0.50%0.49%0.00%
REC Ltd.0.52%0.52%0.00%
Tamilnadu State0.29%0.28%0.00%
National Highways Authority of India Ltd.0.91%0.91%0.00%
Siddhivinayak Securitisation Trust1.08%1.08%0.00%
Bihar State0.33%0.33%0.00%
Power Grid Corporation Of India Ltd.0.41%0.41%0.00%
Shivshakti Securitisation Trust1.08%1.08%0.00%
NHPC Ltd.0.51%0.50%0.00%
Uttar Pradesh State0.51%0.51%0.00%
National Bank For Agriculture & Rural Development0.52%0.51%0.00%
HDFC Bank Ltd.0.51%0.51%0.00%
Karnataka State0.36%0.36%0.00%
Punjab State0.26%0.26%0.00%
Gujarat State0.12%0.12%0.00%
Radhakrishna Securitisation Trust0.78%0.78%0.00%
GOI0.03%0.03%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹1,563 Cr1.20%5.6%6.2%6.5%
Kotak Dynamic Term Fund₹2,342 Cr1.35%6.0%6.2%6.4%
Bandhan Dynamic Term Fund₹1,926 Cr1.65%6.7%5.7%6.0%
Aditya Birla Sun Life Dynamic Term Fund₹1,422 Cr1.22%5.1%6.3%6.7%
360 ONE Dynamic Term Fund₹559 Cr0.59%4.8%6.9%7.1%

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

The scheme will endeavor to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.

Fund managers

  • Devang ShahMr. Shah is B.Com and ACA.Prior to joining Axis AMC he has worked with ICICI Prudential AMC, Deutsche Asset Management (India) Pvt. Ltd. and Pricewaterhouse Coopers.
  • Hardik ShahMr. Shah has done B.E. Information Technology and MBA Finance.Prior to joining Axis Mutual Fund, he has worked with Nippon India Mutual Fund, Quantum Asset Management Company and ICAP India (P) Ltd.
Scheme information document

Tools

Return calculator

What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.

₹
Over the pastTotal investmentWould’ve becomeGrowthReturns
6 months3.76% absolute₹60,000₹62,2563.76%
1 year5.85% annualised₹1,20,000₹1,23,8713.23%
3 years7.04% annualised₹3,60,000₹4,01,88511.63%
5 years5.77% annualised₹6,00,000₹6,96,92716.15%

Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.

How this is calculated

Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.

The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.

Questions

Frequently asked questions

The things people ask about this scheme.

What is the NAV of Axis Dynamic Term Fund?
The NAV of Axis Dynamic Term Fund is ₹31.54 as on 24 Sep 2026.
What is the expense ratio of Axis Dynamic Term Fund?
The expense ratio of Axis Dynamic Term Fund is 0.65% per year.
What is the minimum SIP amount for Axis Dynamic Term Fund?
You can start a SIP in Axis Dynamic Term Fund with ₹3,000 a month.
What returns has Axis Dynamic Term Fund given?
Axis Dynamic Term Fund has returned 5.7% over 1 year, 6.5% over 3 years and 6.6% over 5 years (annualised).
Is there a lock-in or exit load on Axis Dynamic Term Fund?
Lock-in: None. Exit load: Exit load of 1% if redeemed within 12 months.
How risky is Axis Dynamic Term Fund?
Axis Dynamic Term Fund is rated Moderate on the SEBI riskometer and belongs to the Dynamic Bond category.
Which fund house manages Axis Dynamic Term Fund?
Axis Dynamic Term Fund is managed by Axis Mutual Fund, which runs 74 schemes with ₹3,77,445 Cr under management.