holdings

Axis Dynamic Bond Fund Direct-Growth

Debt: Dynamic Bond - Growth (Open ended)

Axis Dynamic Bond Fund Direct-GrowthNAV: 34.75 as on 01 Jul, 2026

Risk levelCategoryBenchmark

Factsheet

SEBI Riskometer -ModerateCategory -Debt: Dynamic BondBenchmark -NIFTY Composite Debt Index A-III

NAV: ₹34.75+0.24%

02 Jul 2026

Holdings Analysis

Equity, debt and cash allocation snapshot with market cap distribution for Axis Dynamic Bond Fund Direct-Growth.

Asset Allocation

As on 31 May 2026

Debt

96.36%

Real estate

2.13%

Others

1.51%

Historical Asset Allocation

Asset	31 May 2026	30 Apr 2026	31 Mar 2026	28 Feb 2026	31 Jan 2026	31 Dec 2025
Equity	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Debt	96.36%	101.73%	100.83%	106.53%	106.31%	98.29%
Others (incl. cash)	1.51%	-3.06%	-2.17%	-6.53%	-6.31%	1.71%
Commodities	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Real Estate	2.13%	1.33%	1.34%	0.00%	0.00%	0.00%

Portfolio Snapshot

No. of Securities

Top Holding %

18.64%

Top 5 Holdings %

44.95%

Top 10 Holdings %

64.69%

Modified Duration

5.00 yrs

Avg. Maturity

10.79 yrs

Yield to Maturity

7.26%

AUM

₹1,026 Cr

Expense Ratio

0.34%

Since Inception

8.41%

Max Drawdown

-0.07%

Sharpe Ratio

0.67

Top Portfolio Holdings by Weight

Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.

Instrument	Sector	No. of Shares	Value (Rs. Cr)	Weight	Change
Others	Others	0	191.27	18.64%	3.48%↑
GOI	Sovereign	96,72,500	87.22	8.50%	-1.55%↓
GOI	Sovereign	70,00,000	67.4	6.57%	0.14%↑
GOI	Sovereign	70,36,700	67.11	6.54%	3.77%↑
GOI	Sovereign	50,00,000	48.22	4.70%	-
Kotak Mahindra Bank Ltd.	Financial	1,000	47.55	4.63%	0.13%↑
Small Industries Devp. Bank of India Ltd.	Financial	1,000	47.44	4.62%	-4.37%↓
Power Finance Corporation Ltd.	Financial	4,000	39.67	3.87%	0.08%↑
Power Grid Corporation Of India Ltd.	Energy	5,000	35.1	3.42%	-0.04%↓
GOI	Sovereign	35,00,000	32.82	3.20%	0.07%↑
Karnataka State	Others	25,00,000	25.72	2.51%	0.05%↑
National Housing Bank	Financial	2,500	24.03	2.34%	0.04%↑
National Bank For Agriculture & Rural Development	Financial	500	23.84	2.32%	-2.19%↓
NHPC Ltd.	Energy	150	15.21	1.48%	0.03%↑
GOI	Sovereign	15,00,000	15.2	1.48%	0.04%↑
National Bank For Agriculture & Rural Development	Financial	150	14.95	1.46%	0.03%↑
Bihar State	Others	15,00,000	14.75	1.44%	0.03%↑
Siddhivinayak Securitisation Trust	Others	11	10.72	1.04%	0.02%↑
Shivshakti Securitisation Trust	Others	11	10.71	1.04%	0.02%↑
Export-Import Bank Of India	Financial	100	10.07	0.98%	0.02%↑

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Debt Holdings — Credit Quality Profile

Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.

Rating	Fund	Category
SOV	38.62%	40.38%
AAA	26.51%	19.72%
Cash & Call Money	20.15%	14.06%
A1+	11.58%	6.59%
Others	0.50%	0.39%
Term Deposits	0.49%	0.02%
A+	-	0.47%
AA	-	2.13%
AA+	-	3.63%
AA-	-	0.66%
B+	-	3.70%
B-	-	3.35%

Debt Insights

A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.

SEBI PRC matrix

Credit risk

	Interest risk
	Low	Moderate	High
Low
Moderate
High

Instruments

Full name	Description	Coupon rate	Maturity	Rating raw	Weight
Others	CBLO	0.00%	0	-	18.64%
GOI	GOI Securities	6.90%	15/04/2065	SOV	8.50%
GOI	GOI Securities	7.30%	19/06/2053	SOV	6.57%
GOI	GOI Securities	7.24%	18/08/2055	SOV	6.54%
GOI	GOI Securities	6.48%	06/10/2035	SOV	4.70%
Kotak Mahindra Bank Ltd.	Certificate of Deposit	0.00%	29/01/2027	CRISIL A1+	4.63%
Small Industries Devp. Bank of India Ltd.	Certificate of Deposit	0.00%	04/02/2027	CARE A1+	4.62%
Power Finance Corporation Ltd.	Debenture	7.64%	22/02/2033	CRISIL AAA	3.87%
Power Grid Corporation Of India Ltd.	Debenture	7.52%	23/03/2033	CRISIL AAA	3.42%
GOI	GOI Securities	7.09%	05/08/2054	SOV	3.20%
Karnataka State	State Development Loan	8.22%	30/01/2031	SOV	2.51%
National Housing Bank	Bonds	7.14%	17/11/2034	CRISIL AAA	2.34%
National Bank For Agriculture & Rural Development	Certificate of Deposit	0.00%	14/01/2027	IND A1+	2.32%
GOI	GOI Securities	7.26%	22/08/2032	SOV	1.48%
NHPC Ltd.	Debenture	8.12%	22/03/2029	CARE AAA	1.48%
National Bank For Agriculture & Rural Development	Debenture	7.60%	23/11/2032	CRISIL AAA	1.46%
Bihar State	State Development Loan	7.02%	0	SOV	1.44%
Shivshakti Securitisation Trust	Securitised Debt	0.00%	0	CRISIL AAA(SO)	1.04%
Siddhivinayak Securitisation Trust	Securitised Debt	0.00%	0	CRISIL AAA(SO)	1.04%
Export-Import Bank Of India	Bonds	7.88%	11/01/2033	CRISIL AAA	0.98%
Export-Import Bank Of India	Bonds/Debentures	7.02%	25/11/2031	CRISIL AAA	0.94%
Indian Railway Finance Corporation Ltd.	Non Convertible Debenture	7.03%	30/07/2036	CRISIL AAA	0.92%
National Highways Authority of India Ltd.	Non Convertible Debenture	8.49%	05/02/2029	CRISIL AAA	0.87%
REC Ltd.	Debenture	7.40%	15/03/2036	CRISIL AAA	0.85%
Radhakrishna Securitisation Trust	Securitised Debt	0.00%	0	CRISIL AAA(SO)	0.76%
National Bank For Agriculture & Rural Development	Non Convertible Debenture	8.50%	27/02/2029	CRISIL AAA	0.50%
REC Ltd.	Debenture	8.80%	14/05/2029	CRISIL AAA	0.50%
HDFC Bank Ltd.	Debenture	8.55%	27/03/2029	CRISIL AAA	0.49%
National Bank For Agriculture & Rural Development	Non Convertible Debenture	8.15%	28/03/2029	CRISIL AAA	0.49%
HDFC Bank Ltd.	Fixed Deposits	8.05%	22/10/2029	CRISIL AAA	0.49%
Power Finance Corporation Ltd.	Non Convertible Debenture	7.79%	22/07/2030	CRISIL AAA	0.49%
Uttar Pradesh State	State Development Loan	7.68%	18/10/2034	SOV	0.49%
National Highways Authority of India Ltd.	Debenture	8.27%	28/03/2029	CRISIL AAA	0.49%
NHPC Ltd.	Non Convertible Debenture	7.50%	07/10/2027	ICRA AAA	0.49%
Power Finance Corporation Ltd.	Non Convertible Debenture	7.40%	08/05/2030	CRISIL AAA	0.48%
NHPC Ltd.	Bonds/Debentures	7.50%	06/10/2029	ICRA AAA	0.48%
State Bank of India	Additional Tier 2 Bond	6.80%	21/08/2035	CRISIL AAA	0.48%
National Highways Authority of India Ltd.	Debenture	7.49%	01/08/2029	CRISIL AAA	0.48%
Maharashtra State	State Development Loan	7.43%	03/12/2040	SOV	0.47%
National Bank For Agriculture & Rural Development	Non Convertible Debenture	6.97%	17/03/2031	ICRA AAA	0.47%
GOI	GOI Securities	7.10%	18/04/2029	SOV	0.40%
Power Grid Corporation Of India Ltd.	Non Convertible Debenture	8.20%	23/01/2030	CRISIL AAA	0.40%
Maharashtra State	State Development Loan	6.63%	14/10/2030	SOV	0.37%
Bihar State	State Development Loan	7.65%	0	SOV	0.36%
Karnataka State	State Development Loan	6.51%	30/12/2030	SOV	0.34%
Bihar State	State Development Loan	7.72%	25/02/2041	SOV	0.31%
Tamilnadu State	State Development Loan	7.57%	18/03/2038	SOV	0.27%
India Infrastructure Finance Company Ltd.	Bonds	9.41%	27/07/2037	CRISIL AAA	0.27%
Punjab State	State Development Loan	7.48%	14/01/2031	SOV	0.25%
GOI	GOI Securities	6.68%	27/01/2033	SOV	0.19%
Gujarat State	State Development Loan	7.04%	18/03/2030	SOV	0.12%
GOI	GOI Securities	6.19%	16/09/2034	SOV	0.09%
ICICI Securities Primary Dealership Ltd.	Interest Rate Swap	0.00%	21/05/2031	-	0.03%
GOI	GOI Securities	8.60%	02/06/2028	SOV	0.03%

Frequently Asked Questions

What are the top holdings of Axis Dynamic Bond Fund Direct-Growth?

The top holdings of Axis Dynamic Bond Fund Direct-Growth sorted by portfolio weight are listed in the Top Portfolio Holdings section of the Holdings tab.

How many stocks does Axis Dynamic Bond Fund Direct-Growth hold in its portfolio?

Axis Dynamic Bond Fund Direct-Growth holds 56 securities in its portfolio. The top 5 holdings account for 44.95% of the portfolio and the top 10 for 64.69%.

What is the sector allocation of Axis Dynamic Bond Fund Direct-Growth?

The sector allocation of Axis Dynamic Bond Fund Direct-Growth is in the Sector Allocation section, showing each industry's weight in the portfolio.

What is the equity and debt allocation of Axis Dynamic Bond Fund Direct-Growth?

As of 31 May 2026, Axis Dynamic Bond Fund Direct-Growth has 0.00% in equity, 96.36% in debt and 1.51% in cash/others. This asset mix determines the fund's overall risk-return profile. The debt portfolio has a yield to maturity (YTM) of 7.26%.

What is the market cap allocation of Axis Dynamic Bond Fund Direct-Growth?

The market cap distribution of Axis Dynamic Bond Fund Direct-Growth — Large, Mid and Small Cap — is shown as a chart in the Holdings Analysis section.

Is Axis Dynamic Bond Fund Direct-Growth a concentrated or diversified fund?

Axis Dynamic Bond Fund Direct-Growth holds 56 securities, with the top 10 accounting for 64.69% of the portfolio and the top 5 for 44.95%. This is a moderately diversified fund balancing conviction positions with risk spread.

What is the credit quality of Axis Dynamic Bond Fund Direct-Growth?

The debt holdings of Axis Dynamic Bond Fund Direct-Growth are rated as follows — SOV: 38.62%, AAA: 26.51%, Cash & Call Money: 20.15%, A1+: 11.58%, and others. Higher allocation to AAA and sovereign instruments means lower credit risk. The full rating profile compared to the category average is in the Credit Rating section.

How often does Axis Dynamic Bond Fund Direct-Growth change its portfolio?

The portfolio currently holds 56 securities with the top 10 accounting for 64.69% as of 31 May 2026. Portfolio turnover reflects how actively the fund manager trades. A high turnover increases transaction costs while a low turnover reflects a buy-and-hold approach. Historical asset allocation snapshots across multiple dates are in the Holdings Analysis section.

What is the PE ratio of Axis Dynamic Bond Fund Direct-Growth's portfolio?

The portfolio-level PE, PB and debt metrics of Axis Dynamic Bond Fund Direct-Growth are in the Holdings Analysis section. These help assess whether the portfolio is invested in relatively cheap or expensive securities.

When is the latest portfolio disclosure for Axis Dynamic Bond Fund Direct-Growth?

The latest portfolio disclosure for Axis Dynamic Bond Fund Direct-Growth is as of 31 May 2026. Mutual funds and ETFs in India are required to disclose their full portfolio monthly, within 10 business days of month-end. You can switch between historical disclosure dates using the date selector in the Top Portfolio Holdings section.

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Asset

31 May 2026

30 Apr 2026

31 Mar 2026

28 Feb 2026

31 Jan 2026

31 Dec 2025

Equity

0.00%

Debt

96.36%

101.73%

100.83%

106.53%

106.31%

98.29%

Others (incl. cash)

1.51%

-3.06%

-2.17%

-6.53%

-6.31%

1.71%

Commodities

0.00%

Real Estate

2.13%

1.33%

1.34%

0.00%

Instrument

Sector

No. of Shares

Value (Rs. Cr)

Weight

Change

Others

191.27

18.64%

3.48%↑

GOI

Sovereign

96,72,500

87.22

8.50%

-1.55%↓

GOI

Sovereign

70,00,000

67.4

6.57%

0.14%↑

GOI

Sovereign

70,36,700

67.11

6.54%

3.77%↑

GOI

Sovereign

50,00,000

48.22

4.70%

Kotak Mahindra Bank Ltd.

Financial

1,000

47.55

4.63%

0.13%↑

Small Industries Devp. Bank of India Ltd.

Financial

1,000

47.44

4.62%

-4.37%↓

Power Finance Corporation Ltd.

Financial

4,000

39.67

3.87%

0.08%↑

Power Grid Corporation Of India Ltd.

Energy

5,000

35.1

3.42%

-0.04%↓

GOI

Sovereign

35,00,000

32.82

3.20%

0.07%↑

Karnataka State

Others

25,00,000

25.72

2.51%

0.05%↑

National Housing Bank

Financial

2,500

24.03

2.34%

0.04%↑

National Bank For Agriculture & Rural Development

Financial

500

23.84

2.32%

-2.19%↓

NHPC Ltd.

Energy

150

15.21

1.48%

0.03%↑

GOI

Sovereign

15,00,000

15.2

1.48%

0.04%↑

National Bank For Agriculture & Rural Development

Financial

150

14.95

1.46%

0.03%↑

Bihar State

Others

15,00,000

14.75

1.44%

0.03%↑

Siddhivinayak Securitisation Trust

Others

10.72

1.04%

0.02%↑

Shivshakti Securitisation Trust

Others

10.71

1.04%

0.02%↑

Export-Import Bank Of India

Financial

100

10.07

0.98%

0.02%↑

Rating

Fund