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Union Dynamic Bond Fund

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Debt: Dynamic Bond

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1 Lakh

Investment Grown to
₹ 1.05 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 -2.33 -0.21 -0.54 -2.05 -2.05 0.87 5.40 7.77 6.97 7.52 --
VR Bond -0.92 -0.09 -0.30 -1.10 -0.44 1.41 4.49 7.03 6.91 7.48 --
Debt: Dynamic Bond -1.34 -0.13 -0.33 -1.23 -0.83 2.00 6.05 7.44 7.55 8.17 --
Rank within category 21 20 21 21 23 24 19 12 15 17 --
Number of funds in category 26 26 26 26 26 26 26 23 22 21 15

As on 26-Feb-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Union Dynamic Bond Fund
3 star
 Feb-12 5.40 7.77 6.97 1.49 133
ICICI Prudential All Seasons Bond Fund  | Invest Now
5 star
 May-09 8.66 9.26 9.91 1.49 5,472
IDFC Dynamic Bond Fund - Regular Plan
4 star
 Dec-08 6.87 9.56 8.69 1.64 3,205
SBI Dynamic Bond Fund
4 star
 Feb-04 6.32 9.37 9.01 1.64 2,901
Kotak Dynamic Bond Fund - Regular Plan  | Invest Online
5 star
 May-08 6.83 9.21 9.12 1.21 2,763

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.85 24-Mar-2020 - 31-Mar-2020 -2.80 12-Aug-2013 - 19-Aug-2013
Month 4.59 24-Mar-2020 - 23-Apr-2020 -4.05 19-Jul-2013 - 19-Aug-2013
Quarter 6.96 09-Apr-2020 - 10-Jul-2020 -6.71 20-May-2013 - 19-Aug-2013
Year 15.28 04-Mar-2014 - 04-Mar-2015 -0.92 24-Nov-2016 - 24-Nov-2017

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.01 3.22 1.04 1.71 1.46 -0.26
VR Bond 7.12 2.02 1.21 2.04 -- --
Debt: Dynamic Bond 7.39 3.17 0.96 1.72 1.12 -0.04
Rank within category 12 15 14 16 21 14
Number of funds in category 25 25 25 25 25 25

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

As on 31-Jan-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 13 15 12 23
Modified Duration (yrs) 5.57 6.01 5.12 --
Average Maturity (yrs) 7.87 8.52 7.26 --
Yield to Maturity (%) 5.71 6.59 5.53 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 7.26% GOI 14/01/2029 GOI Securities SOV 11.70 - 16.59 16.13
down 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 22.26 14.79
equal 7.27% GOI 2026 GOI Securities SOV 7.97 - 16.64 8.08
equal 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 8.03 7.90
equal 7.41% Power Finance Corp. 25/02/2030 Debenture AAA 0.00 - 7.80 7.73
equal 6.45% GOI 2029 GOI Securities SOV 0.00 - 7.75 7.68
new 6.22% GOI 16/03/2035 GOI Securities SOV 0.00 - 7.39 7.39
equal 8.30% NTPC 15/01/2029 Debenture AAA 3.98 - 4.26 4.16
equal 8.30% IRFC 25/03/2029 Debenture AAA 3.95 - 4.24 4.15
equal 8.11% REC 2025 Bonds AAA 3.81 - 4.10 4.06
equal 6.80% REC 20/12/2030 Non Convertible Debenture AAA 0.00 - 3.71 3.71
equal 7.59% GOI 20/03/2029 GOI Securities SOV 0.11 - 0.12 0.12
equal Reserve Bank of India 364-D 30/03/2021 Treasury Bills SOV 0.00 - 0.11 0.11

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-Jan-2021

Fund Manager

— Devesh Thacker since 28-Jun-2018

Education: Mr. Thacker is a B.Com (H) and Post graduate from University of Pune.

Experience: Prior to joining Union AMC in 2011 he has worked with Sahara AMC.

Funds Managed:

— Parijat Agrawal since 23-Jan-2012

Education: Mr. Agrawal is a B.Tech and MBA from IIM Bangalore.

Experience: Prior to joining Union Mutual Fund, he has worked with SBI Mutual Fund, State Bank of Mauritius ltd. and SUN F&C Asset Management.

Funds Managed:

-0.21%

Change from previous, NAV as on 26-Feb-2021

Growth: ₹ 18.5271

Dividend: ₹ 12.3516

Investment Strategy

The scheme seeks to actively manage a portfolio of good quality debt as well as money market instruments so as to provide reasonable returns and liquidity to the investors.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 2,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 1% for redemption within 15 days

Basic Details

Fund House: Union Mutual Fund
Launch Date: 13-Feb-2012
Return Since Launch: 7.06%
Benchmark: CRISIL Composite Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 133 Cr (As on 31-Jan-2021)
Expense: 1.49% (As on 31-Jan-2021)
Risk Grade: Above Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend05-Feb-20190.5763

 28-Sep-20170.3611
 18-Jan-20171.4445
 18-Jan-20161.0834

Contact Information

AMC: Union Asset Management Company Pvt.Ltd.

Address: Unit 503, 5th Floor, Leela Business Park, Andheri Kurla Road, Andheri (East) Mumbai - 400059

Phone: 022-67483300 / 1800-200-2268

Fax: 022-67483400/3401/3402

Email: [email protected]

Website: http://www.unionmf.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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