1 LakhInvestment Grown to
₹ 10000Monthly SIP Grown to
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:
|Debt: Dynamic Bond||7.31||0.04||0.18||1.07||3.38||6.32||9.19||6.52||7.98||8.31||--|
|Rank within category||5||7||6||8||8||6||6||9||12||13||--|
|Number of funds in category||23||23||23||23||23||23||23||20||19||18||11|
As on 04-Aug-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Union Dynamic Bond Fund||Feb-12||10.59||7.32||7.65||1.51||131|
|ICICI Prudential All Seasons Bond Fund | Invest Now||May-09||12.02||8.03||9.86||1.50||3,108|
|IDFC Dynamic Bond Fund - Regular Plan||Dec-08||12.55||8.71||9.57||1.77||2,311|
|SBI Dynamic Bond Fund||Feb-04||10.75||8.23||9.64||1.66||1,724|
|Kotak Dynamic Bond Fund - Regular Plan | Invest Online||May-08||10.76||9.06||9.98||1.08||1,322|
|Best (Period)||Worst (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)|
|Debt: Dynamic Bond||6.37||3.22||0.49||1.18||1.14||-0.66|
|Rank within category||11||13||13||12||23||15|
|Number of funds in category||27||27||27||27||27||27|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Jul-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||14||19||13||17|
|Modified Duration (yrs)||5.73||5.73||4.63||4.41|
|Average Maturity (yrs)||8.12||8.19||6.44||5.91|
|Yield to Maturity (%)||5.97||6.93||5.97||6.70|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|7.57% GOI 17/06/2033||GOI Securities||SOV||0.00 - 21.43||21.03|
|7.26% GOI 14/01/2029||GOI Securities||SOV||0.00 - 16.59||16.40|
|8.20% Power Grid Corporation 23/01/2025||Bonds/NCDs||AAA||7.07 - 8.44||8.38|
|7.27% GOI 2026||GOI Securities||SOV||0.00 - 16.64||8.27|
|6.79% GOI 15/05/2027||GOI Securities||SOV||0.00 - 8.03||8.03|
|7.41% Power Finance Corp. 25/02/2030||Debenture||AAA||0.00 - 7.71||7.71|
|8.30% NTPC 15/01/2029||Debenture||AAA||3.61 - 4.26||4.24|
|8.30% IRFC 25/03/2029||Debenture||AAA||3.59 - 4.24||4.22|
|8.25% IRFC 28/02/2024||Debenture||AAA||3.57 - 4.21||4.18|
|8.27% Nat. Highways Authority 28/03/2029||Debenture||AAA||3.54 - 4.20||4.15|
|8.11% REC 2025||Bonds||AAA||3.36 - 4.08||4.08|
|7.49% Nat. Highways Authority 2029||Debenture||AAA||0.00 - 4.02||3.96|
|Reserve Bank of India 182-D 13/08/2020||Treasury Bills||SOV||0.00 - 0.77||0.76|
|7.59% GOI 20/03/2029||GOI Securities||SOV||0.10 - 0.12||0.12|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Jun-2020
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.
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.
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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.
|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|
|Exit Load||1% for redemption within 15 days|
|Fund House:||Union Mutual Fund|
|Return Since Launch:||7.61%|
|Benchmark:||CRISIL Composite Bond|
|Assets:||₹ 131 Cr (As on 30-Jun-2020)|
|Expense:||1.51% (As on 30-Jun-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
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
Email: [email protected]
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
Email: [email protected]