Axis Dynamic Term Fund
The scheme will endeavor to generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
Growthvine rating: 4/5 — ranked #3 of 21 in category.
Fund basics
| Category | Debt: Dynamic Bond |
|---|---|
| NAV | ₹31.51 (as of 2026-10-01) |
| AUM | ₹993 Cr |
| Expense ratio | 0.53% |
| Riskometer | Moderate |
| Fund manager | Devang Shah |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.79% |
|---|---|
| Sharpe ratio | 0.51 |
| Standard deviation | 2.57% |
| Max drawdown | −7.36% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 103.8% of NIFTY Composite Debt Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.0% | Q1 (Top) | #2 of 21 |
| 2025 | 7.1% | Q1 (Top) | #4 of 21 |
| 2024 | 8.6% | Q3 | #12 of 21 |
| 2023 | 6.6% | Q2 | #10 of 21 |
| 2022 | 2.1% | Q3 | #14 of 20 |