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Axis Dynamic Equity Fund - Regular Plan

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Hybrid: Dynamic Asset Allocation

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1 Lakh

Investment Grown to
₹ 1.14 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.88 Lakh

Suitability:

When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.21 -0.60 -0.43 3.49 2.48 9.87 3.08 4.45 -- -- --
VR Balanced TRI -1.24 -1.10 -1.32 3.97 3.54 21.32 3.08 5.88 -- -- --
Hybrid: Dynamic Asset Allocation 3.17 -0.55 -0.46 2.11 2.72 14.33 5.47 4.08 -- -- --
Rank within category 16 15 10 2 17 23 19 8 -- -- --
Number of funds in category 23 25 25 25 25 25 23 15 12 7 6

As on 28-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Axis Dynamic Equity Fund - Regular Plan
3 star
 Aug-17 3.08 4.45 -- 2.14 1,419
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
 Dec-06 4.31 5.52 7.83 1.73 26,175
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
5 star
 Feb-14 6.64 5.94 7.45 2.14 1,633
IDFC Dynamic Equity Fund - Regular Plan
4 star
 Oct-14 8.71 6.21 7.10 2.34 1,018
L&T Balanced Advantage Fund  | Invest Online
5 star
 Feb-11 9.93 6.91 6.00 2.40 764

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.80 (24-Mar-2020 - 31-Mar-2020) -7.90 (11-Mar-2020 - 18-Mar-2020)
Month 8.36 (23-Mar-2020 - 22-Apr-2020) -16.97 (20-Feb-2020 - 23-Mar-2020)
Quarter 12.38 (23-Mar-2020 - 22-Jun-2020) -14.78 (23-Dec-2019 - 23-Mar-2020)
Year 12.64 (29-Aug-2017 - 29-Aug-2018) -10.77 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.20 8.58 -0.10 -0.10 0.46 -2.00
VR Balanced TRI 7.52 17.40 0.14 0.16 -- --
Hybrid: Dynamic Asset Allocation 4.39 11.87 -0.06 -0.05 0.62 -2.21
Rank within category 11 2 11 11 3 10
Number of funds in category 17 17 17 17 17 17

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 29
Top 10 Holdings (%) 47.52
Top 5 Holdings (%) 31.05
Top 3 Sectors (%) 32.95
Portfolio P/B Ratio 3.29
Portfolio P/E Ratio 27.73
Avg Credit Rating AAA

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.68% Power Finance Corp. 15/07/2030 Non Convertible Debenture AAA 0.00 - 2.54 2.54
equal 3.35% Axis Bank 16/07/2021 Fixed Deposits -- 0.00 - 2.44 2.44
equal 7.55% IRFC 2030 Debenture AAA 0.00 - 1.86 1.86
equal 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture AAA 0.00 - 2.10 1.85
equal 7.92% REC 31/03/2030 Bonds/Debentures AAA 0.00 - 1.84 1.84
equal 7.86% Power Finance Corp. 2030 Debenture AAA 0.00 - 1.83 1.83
equal 7.33% LIC Housing Fin. 2025 Debenture AAA 0.00 - 1.82 1.82
equal 7.50% REC 28/02/2030 Debenture AAA 0.00 - 1.79 1.79
new 2.75% Axis Bank 23/12/2020 Fixed Deposits -- 0.00 - 1.74 1.74
equal 8.49% Nat. Highways Authority 2029 Non Convertible Debenture AAA 0.00 - 1.55 1.55
equal 7.75% Power Finance Corp. 2030 Non Convertible Debenture AAA 0.00 - 1.46 1.46
equal 3.35% Axis Bank 15/07/2021 Fixed Deposits -- 0.00 - 1.38 1.38
equal 7.70% Nat. Highways Authority 13/09/2029 Non Convertible Debenture AAA 1.04 - 3.45 1.11
down 7.41% Power Finance Corp. 25/02/2030 Debenture AAA 0.00 - 1.68 1.07
equal 5.69% REC 30/09/2023 Non Convertible Debenture AAA 0.00 - 1.06 1.06
equal 7.55% IRFC 2029 Debenture AAA 0.00 - 1.01 0.74
equal 6.67% HDFC Life Insurance 29/07/2030 Debenture AAA 0.00 - 0.70 0.70
equal 2.75% Axis Bank 2020 Fixed Deposits -- 0.00 - 0.69 0.69
equal 3.35% Axis Bank 22/07/2021 Fixed Deposits -- 0.00 - 0.69 0.69
new 9.50% Nirma Non Convertible Debenture AA- 0.00 - 0.68 0.68
down 7.40% Power Finance Corp. 2030 Non Convertible Debenture AAA 0.00 - 0.81 0.50
equal 7.50% NHPC 2025 Non Convertible Debenture AAA 0.00 - 0.38 0.38
equal 9.15% ICICI Bank Debenture AA+ 0.24 - 0.36 0.36
equal 3.25% Axis Bank 17/08/2021 Fixed Deposits -- 0.00 - 0.35 0.35
equal 3.35% Axis Bank 13/07/2021 Fixed Deposits -- 0.00 - 0.35 0.35

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down Reliance Industries Energy 32.15 10.83 1.74 9.06
up ICICI Bank Financial 26.99 7.12 0.00 7.12
up HDFC Bank Financial 22.16 6.53 3.13 5.24
down Infosys Technology 25.51 9.12 0.00 5.05
equal HDFC Financial 16.00 8.14 2.66 4.58
up Bharti Airtel Communication -- 4.35 0.00 4.35
down Tata Consultancy Services Technology 32.33 5.86 0.00 3.80
equal Bajaj Finance Financial 45.22 5.36 1.97 2.93
up Maruti Suzuki India Automobile 53.36 3.79 0.00 2.84
down Hindustan Unilever FMCG 71.56 4.71 1.24 2.55
equal Asian Paints Chemicals 92.96 4.31 0.00 2.01
down Ultratech Cement Construction 21.91 1.76 0.00 1.75
equal Cholamandalam Invest. & Fin. Financial 16.98 1.39 0.64 1.39
equal Kotak Mahindra Bank Financial 34.08 3.79 0.99 1.32
equal Mahindra & Mahindra Automobile -- 1.28 0.00 1.28
up Tech Mahindra Technology 19.31 1.55 0.00 1.07
up Nestle India FMCG 79.33 4.64 0.05 1.06
down Larsen & Toubro Construction 11.65 2.05 0.00 1.05
up Dr. Reddy's Lab Healthcare 51.84 1.02 0.00 1.02
down Shree Cement Construction 52.29 2.92 0.00 0.86
equal Hero Motocorp Automobile 23.09 1.27 0.00 0.83
equal Ambuja Cements Construction 22.39 1.49 0.00 0.76
equal Avenue Supermarts Services 160.00 3.65 0.00 0.71
equal ICICI Lombard General Insurance Company Financial 40.64 0.83 0.00 0.55
equal Wipro Technology 19.85 4.01 0.00 0.55

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2020

Fund Manager

— Anupam Tiwari since 11-Jul-2017

Education: Mr. Tiwari is a Chartered Accountant.

Experience: Prior to joining Axis Mutual Fund he was associated with Principal Mutual Fund (July 25, 2011-Sep 21, 2016), Reliance Life Insurance Ltd. (Sep 22, 2010-Jul 15, 2011) and Reliance MF (Mar 21, 2005-Sep 21, 2010).

Funds Managed:

— R Sivakumar since 11-Jul-2017

Education: Mr. Sivakumar is a B.Tech from IIT Madras and MBA from IIM Ahmedabad.

Experience: Prior to joining Axis AMC he has worked with BNP Paribas Mutual Fund, Sundaram Mutual Fund (2001-2004), HDFC Mutual Fund and ITC Threadneedle.

Funds Managed:

-0.60%

Change from previous, NAV as on 28-Oct-2020

Growth: ₹ 11.5800

Dividend: ₹ 11.2000

Investment Strategy

The scheme seeks to generate capital appreciation by investing in a portfolio of equity or equity linked securities while the secondary objective is to generate income through investments in debt and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 100
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Axis Mutual Fund
Launch Date: 01-Aug-2017
Return Since Launch: 4.63%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,419 Cr (As on 30-Sep-2020)
Expense: 2.14% (As on 30-Sep-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: 434.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend30-Sep-20190.3301

Contact Information

AMC: Axis Asset Management Company Ltd.

Address: "Axis House" - 1st Floor, C-2 - Wadia International Centre, Pandurang Budhkar Marg , Worli, Mumbai - 400025

Phone: 022-24255161

Fax: 022-43255199

Email: [email protected] / [email protected]

Website: http://www.axismf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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