HealthyDirect · GrowthFit for a long SIP
Axis Dynamic Term Fund
Axis Mutual FundIncome/Debt Oriented Schemes - Dynamic Term Fund13.8 years
- NAV
- 34.6576
- 30 Oct 2026
- 1Y
- +4.7%
- Trailing CAGR
- AUM
- ₹969.27 Cr
- 30 Sept 2026
- Volatility
- Low
- 3.3% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 77% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.34% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -7.1%. Ask whether you can hold through a similar fall.
Vs category
Pass
77% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 65.8% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+4.7%
- 3Y+7.3%
- 5Y+6.1%
- 10Y+7.2%
- SI+8.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.5%
- 3Y+6.2%
- 5Y+6.6%
- 10Y+6.9%
- Since inception
- +8.2%
- Calendar-day CAGR
- Excess 1Y
- +1.9%
- Category median, same plan and option
- 3Y win rate
- +77%
- Windows beating the median
- 3Y percentile
- 75
- Vs comparable share classes
- SIP 3Y XIRR
- +6.2%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.2%
- 2613 daily-ending windows
- Median rolling 3Y
- +8.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2129 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -7.1%
- Worst peak-to-trough
- Current
- -0.8%
- Below last peak
- Current spell
- 76 days
- Days below latest peak
- Time below peak
- +70%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 8 days
- 279 recovered episodes
- Longest recovery
- 154 days
- Trough to prior peak
27 May 2013 – 20 Jan 2014
Trough 19 Aug 2013 · recovered in 154 days
-7.1%
9 Mar 2020 – 23 Apr 2020
Trough 23 Mar 2020 · recovered in 31 days
-4.6%
24 Nov 2016 – 7 Jun 2017
Trough 10 Mar 2017 · recovered in 89 days
-3.3%
15 Dec 2021 – 19 Aug 2022
Trough 13 Jun 2022 · recovered in 67 days
-3.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
75
Vs category
62
Consistency
71
Risk-adjusted
61
Drawdown
82
Mean
70
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 77% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 56 holdings · top 10 are 65.8%.
- Top 5
- 51.2%
- Top 10
- 65.8%
- Largest holding
- 23.6%
- Effective holdings
- 11.8
Others CBLO
Unspecified
23.6%
CANARA BANK CD 12MAR27
Financial
10.0%
GOVERNMENT OF INDIA 33071 GOI 19JU53 7.3 FV RS 100
Entities
7.4%
KOTAK MAHINDRA BANK LIMITED CD 29JAN27
Financial
5.1%
Small Industries Dev Bank of India (04/02/2027) **
Financial
5.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Kotak Dynamic Term Fund
Kotak Mahindra Mutual Fund
- 1Y
- +4.3%
- 3Y
- +7.6%
- Vol
- 2.4%
- Max DD
- -3.2%
- Sharpe
- 1.06
- 3Y win
- +89%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
ICICI Prudential Dynamic Term Fund
ICICI Prudential Mutual Fund
- 1Y
- +3.5%
- 3Y
- +7.1%
- Vol
- 2.5%
- Max DD
- -3.6%
- Sharpe
- 1.31
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
PGIM India Dynamic Term Fund
PGIM India Mutual Fund
- 1Y
- +2.0%
- 3Y
- +6.8%
- Vol
- 2.8%
- Max DD
- -4.1%
- Sharpe
- 0.70
- 3Y win
- +78%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
HSBC Dynamic Term Fund
HSBC Mutual Fund
- 1Y
- +2.2%
- 3Y
- +6.5%
- Vol
- 2.1%
- Max DD
- -2.0%
- Sharpe
- 0.21
- 3Y win
- +4%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
ITI Dynamic Term Fund
ITI Mutual Fund
- 1Y
- +1.2%
- 3Y
- +5.7%
- Vol
- 1.6%
- Max DD
- -2.2%
- Sharpe
- -0.18
- 3Y win
- +34%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns