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Canara Robeco Dynamic Bond Fund - Regular Plan

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Debt: Dynamic Bond

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1 Lakh

Investment Grown to
₹ 1.03 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 -0.10 -0.07 -0.14 0.19 0.97 0.14 2.91 7.39 7.23 7.78 8.19
VR Bond 0.70 -0.12 0.01 0.19 1.66 0.83 3.37 7.08 6.58 7.12 7.39
Debt: Dynamic Bond 1.03 -0.11 -0.11 0.49 2.40 1.28 5.45 7.82 7.26 7.86 8.38
Rank within category 23 4 12 18 26 25 25 16 12 11 10
Number of funds in category 26 27 27 27 26 26 26 24 22 21 16

As on 16-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Canara Robeco Dynamic Bond Fund - Regular Plan  | Invest Online
3 star
 May-09 2.91 7.39 7.23 1.75 116
ICICI Prudential All Seasons Bond Fund  | Invest Now
5 star
 May-09 7.57 9.49 9.21 1.45 5,793
IDFC Dynamic Bond Fund - Regular Plan
4 star
 Dec-08 4.19 10.01 8.57 1.61 3,857
SBI Dynamic Bond Fund
4 star
 Feb-04 3.61 9.31 8.34 1.64 3,135
Kotak Dynamic Bond Fund - Regular Plan  | Invest Online
5 star
 May-08 6.56 9.82 8.89 1.27 2,282

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.36 19-Aug-2013 - 26-Aug-2013 -4.05 12-Aug-2013 - 19-Aug-2013
Month 4.72 25-Oct-2016 - 24-Nov-2016 -4.86 19-Jul-2013 - 19-Aug-2013
Quarter 7.42 12-Sep-2014 - 12-Dec-2014 -5.84 20-May-2013 - 19-Aug-2013
Year 17.56 03-Feb-2016 - 02-Feb-2017 -0.78 09-Jun-2017 - 11-Jun-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.20 2.86 1.01 1.76 1.24 -0.26
VR Bond 6.84 2.05 1.24 1.72 -- --
Debt: Dynamic Bond 7.52 3.22 1.12 1.74 1.11 0.39
Rank within category 16 8 17 13 13 18
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-May-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 9 10 7 24
Modified Duration (yrs) 2.72 6.39 1.38 3.62
Average Maturity (yrs) 3.68 9.00 1.87 4.95
Yield to Maturity (%) 4.75 5.93 4.03 5.69
Avg Credit Rating -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down Reserve Bank of India 364-D 08/07/2021 Treasury Bills SOV 0.00 - 34.61 25.82
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 30.22 14.54
new 7.27% GOI 2026 GOI Securities SOV 0.00 - 13.66 9.18
up 6.68% GOI 17/09/2031 GOI Securities SOV 0.16 - 9.00 9.00
equal 7.57% GOI 17/06/2033 GOI Securities SOV 5.59 - 21.32 5.59
equal 7.37% Tamilnadu State 14/09/2026 State Development Loan SOV 0.00 - 5.52 5.43
equal 7.21% HDFC 30/12/2022 Debenture AAA 0.00 - 4.57 4.47
equal 8.81% SIDBI 25/01/2022 Debenture AAA 3.53 - 4.90 4.45
new 5.15% GOI 2025 GOI Securities SOV 0.00 - 4.27 4.27

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-May-2021

Fund Manager

— Girish Hisaria since 18-Aug-2014

Education: Mr. Hisaria is a B.Com (H) and MMS (Finance).

Experience: Prior to joining Canara Robeco AMC, he has worked as Vice President - JM Financial Mutual Fund ( May 2006-August 2014), as Senior Associate - Fixed Income Research - Darashaw Securities Pvt. Ltd. ( May 2004-May 2006) and as Research Analyst - Sahara Indian Financial Corp. ( March 2002-May 2004).

Funds Managed:

Invest Online
-0.07%

Change from previous, NAV as on 16-Jun-2021

Growth: ₹ 24.0119

IDCW: ₹ 14.0161

Investment Strategy

The objective of the Fund is to seek to generate income from a portfolio of debt and money market securities. The portfolio will be managed by taking a view on short-term and long-term interest rate movements; exposure to securities will be dynamically managed to reflect these views. Upto 70% of the assets will be invested in Govt. securities and corporate debt securities, while the remaining will be invested in money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 0.5% for redemption within 90 days

Basic Details

Fund House: Canara Robeco Mutual Fund
Launch Date: 29-May-2009
Return Since Launch: 7.54%
Benchmark: CRISIL Composite Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 116 Cr (As on 31-May-2021)
Expense: 1.75% (As on 30-Apr-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW24-Dec-20200.4200

 26-Jun-20200.4500
 27-Dec-20190.3241
 28-Jun-20190.3241
 28-Dec-20180.2881
 22-Jun-20180.2881
 29-Dec-20170.2889
 23-Jun-20170.3250
 23-Dec-20160.2889
 24-Jun-20160.2889
 23-Dec-20150.2889
 26-Jun-20150.2889
 31-Dec-20140.2831
 20-Jun-20140.2727
 20-Dec-20130.2883
 28-Jun-20130.2961
 30-Sep-20110.1762
 15-Mar-20110.1491
 24-Dec-20090.0876
 01-Oct-20090.0876

Contact Information

AMC: Canara Robeco Asset Management Company Ltd

Address: 4th Floor - Construction House, 5 - Walchand Hirachand Marg, Ballard Estate, Mumbai - 400001

Phone: 022-22621371/ 66585000 / 665850010

Fax: 022-66585012

Email: [email protected]

Website: http://www.canararobeco.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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