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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
₹ 1.21 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.18 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 1.68 -0.24 -0.08 3.51 9.03 12.51 11.03 6.54 -- -- --
VR Balanced TRI 3.75 -0.31 -0.01 8.08 19.00 26.15 19.03 10.95 -- -- --
Hybrid: Dynamic Asset Allocation 1.86 -0.26 -0.43 4.33 10.55 14.54 13.00 6.90 -- -- --
Rank within category 14 13 5 19 17 17 17 10 -- -- --
Number of funds in category 25 25 25 25 25 25 24 16 12 7 7

As on 21-Jan-2021

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 11.03 6.54 -- 2.15 1,379
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
 Dec-06 12.89 8.70 11.82 1.74 28,546
Aditya Birla Sun Life Balanced Advantage Fund  | Invest Online
4 star
 Apr-00 15.35 8.16 12.84 2.10 2,596
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
4 star
 Feb-14 12.96 8.65 10.04 2.01 2,251
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
5 star
 Aug-09 24.76 10.70 11.95 2.05 2,221

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 12.75 (24-Sep-2020 - 24-Dec-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 6.41 9.10 0.18 0.20 0.47 -1.70
VR Balanced TRI 11.89 18.30 0.39 0.46 -- --
Hybrid: Dynamic Asset Allocation 6.78 12.40 0.16 0.19 0.62 -2.41
Rank within category 11 2 10 9 3 9
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 31-Dec-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 33
Top 10 Holdings (%) 45.49
Top 5 Holdings (%) 28.58
Top 3 Sectors (%) 33.95
Portfolio P/B Ratio 4.08
Portfolio P/E Ratio 34.68
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 - 2.68 2.68
equal 3.35% Axis Bank 16/07/2021 Fixed Deposits -- 0.00 - 2.51 2.51
equal 7.55% IRFC 2030 Debenture AAA 0.00 - 1.93 1.93
equal 7.86% Power Finance Corp. 2030 Debenture AAA 0.00 - 1.93 1.93
equal 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture AAA 0.00 - 2.10 1.93
equal 7.92% REC 31/03/2030 Bonds/Debentures AAA 0.00 - 1.93 1.93
equal 7.50% REC 28/02/2030 Debenture AAA 0.00 - 1.88 1.88
new 2.60% Axis Bank 31/03/2021 Fixed Deposits -- 0.00 - 1.79 1.79
equal 8.49% Nat. Highways Authority 2029 Non Convertible Debenture AAA 0.00 - 1.62 1.62
equal 7.75% Power Finance Corp. 2030 Non Convertible Debenture AAA 0.00 - 1.54 1.54
equal 3.35% Axis Bank 15/07/2021 Fixed Deposits -- 0.00 - 1.42 1.42
equal 7.41% Power Finance Corp. 25/02/2030 Debenture AAA 0.00 - 1.68 1.13
equal 2.60% Axis Bank 2021 Fixed Deposits -- 0.00 - 1.07 1.07
equal 7.55% IRFC 2029 Debenture AAA 0.00 - 1.01 0.77
equal 6.67% HDFC Life Insurance 29/07/2030 Debenture AAA 0.00 - 0.72 0.72
equal 2.60% Axis Bank 2021 Fixed Deposits -- 0.00 - 0.71 0.71
equal 9.50% Nirma Non Convertible Debenture AA- 0.00 - 0.71 0.71
equal 3.35% Axis Bank 22/07/2021 Fixed Deposits -- 0.00 - 0.71 0.71
equal 7.40% Power Finance Corp. 2030 Non Convertible Debenture AAA 0.00 - 0.81 0.53
equal 7.50% NHPC 2025 Non Convertible Debenture AAA 0.00 - 0.40 0.40
equal 9.15% ICICI Bank Debenture AA+ 0.28 - 0.38 0.38
equal 3.25% Axis Bank 17/08/2021 Fixed Deposits -- 0.00 - 0.36 0.36
equal 3.35% Axis Bank 13/07/2021 Fixed Deposits -- 0.00 - 0.36 0.36
equal 7.69% National Bank Agr. Rur. Devp 31/03/2032 Bonds/Debentures AAA 0.00 - 0.23 0.23
equal 9.70% Coastal Gujarat Power 27/08/2023 Non Convertible Debenture AA 0.00 - 0.31 0.08

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 HDFC Financial 29.66 8.14 2.66 7.92
down Reliance Industries Energy 34.81 10.83 1.74 6.16
down ICICI Bank Financial 27.41 9.11 0.00 5.11
up HDFC Bank Financial 26.48 6.53 3.13 5.07
down Infosys Technology 30.69 9.12 1.02 4.32
down Bharti Airtel Communication -- 4.59 0.00 3.96
up Tata Consultancy Services Technology 39.33 5.86 1.30 3.91
up Bajaj Finance Financial 76.70 5.36 1.90 3.25
up Larsen & Toubro Construction 16.93 2.96 0.03 2.96
down Hindustan Unilever FMCG 79.37 4.71 1.24 2.83
up Asian Paints Chemicals 114.52 4.31 0.00 2.60
down Kotak Mahindra Bank Financial 40.65 3.79 0.99 2.52
up Avenue Supermarts Services 184.07 3.65 0.00 2.05
down Maruti Suzuki India Automobile 60.07 3.49 0.00 2.02
up Nestle India FMCG 82.42 4.64 0.12 1.97
up Divi's Laboratories Healthcare 54.40 2.43 0.00 1.52
down Cholamandalam Invest. & Fin. Financial 27.27 1.54 0.64 1.27
new Coromandel International Chemicals 18.68 1.03 0.00 1.03
down Ultratech Cement Construction 26.73 1.76 0.00 1.03
up Shree Cement Construction 50.28 2.63 0.00 1.00
down Tech Mahindra Technology 24.38 1.55 0.00 0.86
down Vedanta Metals -- 0.78 0.00 0.78
up Dr. Reddy's Lab Healthcare 52.21 1.02 0.00 0.75
equal Gland Pharma Healthcare 46.59 0.68 0.00 0.68
down Mahindra & Mahindra Automobile -- 1.28 0.00 0.58

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 31-Dec-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).

Interviews:

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:

-0.24%

Change from previous, NAV as on 21-Jan-2021

Growth: ₹ 12.6800

Dividend: ₹ 12.2500

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: 7.07%
Benchmark: NIFTY 50 Hybrid Composite debt 50:50 Index
Riskometer: High
Type: Open-ended
Assets: ₹ 1,379 Cr (As on 31-Dec-2020)
Expense: 2.15% (As on 31-Dec-2020)
Risk Grade: Below Average
Return Grade: Average
Turnover: --

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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