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IDFC Dynamic Bond Fund - Regular Plan

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Debt: Dynamic Bond

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1 Lakh

Investment Grown to
₹ 1.07 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 Lakh

Suitability:

Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending on where it expects to earn maximum returns, the fund management team actively decides whether to invest in bonds maturing in a few months or in the ones maturing several years later.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for investment horizon of up to three years) in their longer-term portfolios.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • 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 -1.29 0.18 0.12 1.03 -0.83 0.18 7.15 9.52 8.51 9.13 9.17
VR Bond -0.12 -0.17 -0.23 0.73 -0.15 1.21 4.85 6.66 6.60 7.44 7.35
Debt: Dynamic Bond -0.19 0.07 -0.07 0.96 0.02 1.34 6.86 7.36 7.14 8.12 8.38
Rank within category 24 1 3 8 24 24 7 1 4 2 2
Number of funds in category 25 25 25 25 25 25 25 22 21 20 14

As on 19-Apr-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Dynamic Bond Fund - Regular Plan
4 star
 Dec-08 7.15 9.52 8.51 1.58 3,952
ICICI Prudential All Seasons Bond Fund  | Invest Now
5 star
 May-09 9.60 8.99 9.06 1.50 5,536
SBI Dynamic Bond Fund
4 star
 Feb-04 6.59 9.11 8.66 1.64 3,141
Kotak Dynamic Bond Fund - Regular Plan  | Invest Online
5 star
 May-08 8.62 9.27 8.82 1.25 3,035
Axis Dynamic Bond Fund
4 star
 Apr-11 9.10 9.51 8.43 0.67 1,912

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 6.03 11-Dec-2008 - 18-Dec-2008 -6.60 02-Jan-2009 - 09-Jan-2009
Month 10.54 05-Dec-2008 - 05-Jan-2009 -6.74 05-Jan-2009 - 04-Feb-2009
Quarter 8.56 12-Sep-2014 - 12-Dec-2014 -7.57 05-Jan-2009 - 06-Apr-2009
Year 17.67 13-Feb-2014 - 13-Feb-2015 -5.10 02-Jan-2009 - 04-Jan-2010

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.95 4.12 1.09 1.61 1.80 0.74
VR Bond 6.55 2.13 0.98 1.35 -- --
Debt: Dynamic Bond 6.93 3.32 0.84 1.36 1.14 0.09
Rank within category 2 20 11 10 24 11
Number of funds in category 24 24 24 24 24 24

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

As on 31-Mar-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 8 9 4 24
Modified Duration (yrs) 4.55 8.86 4.55 3.34
Average Maturity (yrs) 5.69 13.58 5.69 4.34
Yield to Maturity (%) 6.18 6.45 5.76 5.80
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 90.78 40.48
up 7.27% GOI 2026 GOI Securities SOV 0.00 - 37.73 22.14
up 8.24% GOI 15/02/2027 Central Government Loan SOV 0.00 - 30.92 14.73
up 6.97% GOI 2026 GOI Securities SOV 0.00 - 24.85 14.60
down 8.15% GOI 24/11/2026 Central Government Loan SOV 0.00 - 7.55 4.94
new 7.59% GOI 2026 GOI Securities SOV 0.00 - 0.95 0.95
equal 8.20% GOI 24/09/2025 Central Government Loan SOV 0.00 - 0.01 0.00
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 16.44 0.00
equal Others Margin Money -- - 0.02

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-Mar-2021

Fund Manager

— Suyash Choudhary since 15-Oct-2010

Education: Mr. Choudhary is a B.A (H) Economics from Delhi University and PGDM from IIM Calcutta.

Experience: Prior to joining IDFC Mutual Fund he has worked with HSBC Asset Management (India) Pvt. Ltd., Standard Chartered Asset Management Co. Pvt. Ltd. and Deutsche Bank.

Interviews:

Funds Managed:

0.18%

Change from previous, NAV as on 19-Apr-2021

Growth: ₹ 27.0315

IDCW Yearly: ₹ 10.9434

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IDCW Quarterly: ₹ 11.1375

IDCW Periodic: ₹ 10.7413

IDCW Half Yearly: ₹ 10.5334

IDCW: ₹ 10.3355

Investment Strategy

The scheme seeks to generate optimal returns by active management of the portfolio by investing in debt and money market instruments across maturities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 01-Dec-2008
Return Since Launch: 8.36%
Benchmark: CRISIL Composite Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 3,952 Cr (As on 31-Mar-2021)
Expense: 1.58% (As on 31-Mar-2021)
Risk Grade: Above Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Mar-20210.7880

 24-Mar-20201.8051
 22-Mar-20170.8523
 17-Mar-20160.3106
 19-Mar-20150.7863
 12-Sep-20140.8137
 28-May-20130.3901
 19-Mar-20130.3365
 27-Dec-20120.2161
 26-Sep-20120.2858
 31-May-20120.3414
 29-Dec-20110.3251
 29-Sep-20110.4576
 30-Mar-20110.2827
 06-Jul-20090.3066
IDCW Periodic25-Mar-20210.8030

 24-Mar-20204.0012
IDCW Half Yearly24-Mar-20210.0410

 28-Sep-20200.7122
 24-Mar-20200.3553
 25-Sep-20190.5238
 27-Mar-20190.4717
 21-Sep-20170.3395
 22-Mar-20170.2745
 22-Sep-20160.5056
 22-Mar-20160.1390
 24-Sep-20150.1224
 23-Mar-20150.7609
 19-Sep-20140.3518
IDCW Yearly24-Mar-20210.8172

 24-Mar-20200.9183
 27-Mar-20190.6012
 20-Mar-20180.0948
 29-Mar-20170.9245
 17-Mar-20160.3226
 19-Mar-20150.5400
 29-Sep-20140.4154
 07-Mar-20140.2035
 19-Mar-20130.3202
IDCW Quarterly24-Dec-20200.3211

 28-Sep-20200.0295
 26-Jun-20200.6730
 24-Mar-20200.2086
 26-Dec-20190.0187
 25-Sep-20190.2435
 25-Jun-20190.2636
 27-Mar-20190.0580
 27-Dec-20180.3745
 21-Sep-20170.0650
 27-Jun-20170.2745
 22-Mar-20170.0072
 22-Dec-20160.3250
 22-Sep-20160.3395
 23-Jun-20160.1589
 22-Mar-20160.0971
 21-Dec-20150.0473
 24-Sep-20150.1285
 23-Mar-20150.2346
 18-Dec-20140.4829
 19-Sep-20140.1310
 20-Jun-20140.0935
 28-May-20130.2512
 19-Mar-20130.3196
 27-Dec-20120.2045

Contact Information

AMC: IDFC Asset Management Company Limited

Address: Unit No. 27, Ground Floor, Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

Website: http://www.idfcmf.com

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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