NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹28.29
0.24%
NAV as on 16 Jan 25, 12:00 AM
moderate risk
dynamic bond
debt
NAV as on 16 Jan 25, 12:00 AM
moderate risk
dynamic bond
debt
8.38%p.a.
Last 1Y
5.64%p.a.
Last 3Y
6.60%p.a.
Last 5Y
7.91%p.a.
Since Inception
About Axis Dynamic Bond Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Axis Dynamic Bond Fund Growth scheme from Axis Asset Management Company Limited. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Apr 2011, Axis Dynamic Bond Fund Growth is Dynamic Bond fund of its category with 1,495.62 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.
- Axis Dynamic Bond Fund Growth delivered 8.4% annual returns during the last year. It has delivered 7.9% average annual returns since the fund was launched.
- Axis Dynamic Bond Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.
Top 10 Holdings
7.34% Govt Stock 2064
29.74%
7.25% Govt Stock 2063
15.18%
7.18% Govt Stock 2033
14.05%
7.1% Govt Stock 2034
7.18%
7.3% Govt Stock 2053
5.57%
State Bank Of India
3.71%
Power Grid Corporation Of India Limited
2.89%
HDFC Bank Limited
2.06%
Mahanagar Telephone Nigam Limited
1.63%
Rec Limited
1.35%
Fund Managers
- Devang Shah (Nov 2012 - Present)
- Hardik Shah (Apr 2024 - Present)
Key Information
View Scheme Document
Axis Dynamic Bond Fund Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on Axis Dynamic Bond Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Axis Dynamic Bond Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Axis Dynamic Bond Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
ICICI Prudential All Seasons Bond Fund Weekly Rnvstmnt of Inc Dist cum Cap Wdrl
moderate risk | debt
6.8%
ICICI Prudential All Seasons Bond Fund Quarterly Rnvstmnt of Inc Dist cum Cap Wdrl
moderate risk | debt
5.5%
ICICI Prudential All Seasons Bond Fund Rnvstmnt of Inc Dist cum Cap Wdrl
moderate risk | debt
6.5%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved