NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Axis Dynamic Bond Fund Growth for NRI [28.29]

Min Investment

5,000

Fund Size

1,596.89 Cr

Expense Ratio

0.6%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

28.29

0.22%

NAV as on 09 Dec 24, 12:00 AM

moderate risk

dynamic bond

debt

NAV as on 09 Dec 24, 12:00 AM

moderate risk

dynamic bond

debt

9.36%p.a.

Last 1Y

5.62%p.a.

Last 3Y

6.86%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 1,596.89 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.

  • Axis Dynamic Bond Fund Growth delivered 9.4% 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

7.18% Govt Stock 2033

21.68%

7.34% Govt Stock 2064

15.60%

7.25% Govt Stock 2063

12.56%

7.1% Govt Stock 2034

7.32%

7.09% Govt Stock 2054

6.61%

7.3% Govt Stock 2053

5.18%

State Bank Of India

3.44%

7.26% Govt Stock 2033

3.20%

Power Grid Corporation Of India Limited

2.79%

HDFC Bank Limited

1.91%

Fund Managers

  1. Devang Shah (Nov 2012 - Present)
  2. Hardik Shah (Apr 2024 - Present)

Key Information

View Scheme Document

Axis Dynamic Bond Fund Growth SIP Calculator

If invested

5,000

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 TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions