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Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending upon where it expects to earn maximum returns, the fund management team decides whether to invest in bonds maturing in a few months time or in the ones maturing several years later. Therefore, they are the most versatile type of debt funds available.
However, like most other debt fund categories, we believe that retail investors can avoid this one as well. In our opinion, debt funds make sense for retail investors only if they are investing for 3 years or less. For that kind of investment horizon, Liquid Debt funds and Short Term debt funds are much more suitable.
Taxability of earnings:
|YTD||1 Month||3 Months||1 Years||3 Years||5 Years||10 Years|
|Debt: Dynamic Bond||6.99||-0.32||0.44||7.64||5.57||7.64||--|
|Rank within category||29||24||23||29||21||21||--|
|Number of funds in category||29||29||29||29||24||23||0|
As on 13-Dec-2019
|Best (Period)||Worst (Period)|
|Month||4.37 (20-Aug-2013 - 19-Sep-2013)||-7.58 (10-May-2019 - 11-Jun-2019)|
|Quarter||7.72 (15-Sep-2014 - 15-Dec-2014)||-7.74 (12-Mar-2019 - 11-Jun-2019)|
|Year||19.33 (04-Mar-2014 - 04-Mar-2015)||-1.24 (06-Nov-2018 - 08-Nov-2019)|
|Debt: Dynamic Bond||5.49||3.43||0.21||0.40||1.16||-0.14|
|Rank within category||24||26||22||22||6||24|
|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 30-Nov-2019
|Fund||1Y High||1Y Low||Category|
|Number of Securities||11||13||6||21|
|Modified Duration (yrs)||5.13||5.15||4.94||3.96|
|Average Maturity (yrs)||6.92||7.85||6.92||5.57|
|Yield to Maturity (%)||7.48||9.07||7.22||7.01|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|6.68% GOI 17/09/2031||GOI Securities||SOV||12.89 - 20.56||20.56|
|6.79% GOI 15/05/2027||GOI Securities||SOV||14.74 - 18.73||18.73|
|8.28% GOI 21/09/2027||Central Government Loan||SOV||10.08 - 24.26||12.69|
|7.59% GOI 2026||GOI Securities||SOV||9.34 - 12.22||12.22|
|8.70% Edelweiss Rural & Corporate Services 29/06/2020||Bonds||AA-||0.00 - 8.98||8.97|
|7.59% GOI 20/03/2029||GOI Securities||SOV||6.57 - 11.16||8.32|
|9.25% Dewan Housing Fin. Corpn. 2023||Debenture||D||0.00 - 3.99||3.98|
|9.35% Maharashtra State 30/01/2024||State Development Loan||SOV||0.00 - 3.86||3.86|
|8.58% Gujarat State 23/01/2023||State Development Loan||SOV||0.00 - 3.51||3.51|
|9.39% Karnataka State 23/10/2023||State Development Loan||SOV||0.00 - 2.21||2.21|
|8.60% Kerala State 23/01/2023||State Development Loan||SOV||0.00 - 0.66||0.66|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 30-Nov-2019
Education: Mr. Sahoo is a B.E and PGDM from XIM Bhubaneshwar.
Experience: Prior to joining Baroda AMC he has worked with UTI Mutual Fund and HSBC Mutual Fund.
Education: Ms. Hetal P. Shah is a B.Com, MBA, and JAIIB.
Experience: Prior to joining Baroda AMC she has worked with Bank of India from may 1999.
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The scheme aims to generate regular income by investing in a portfolio of good quality fixed income securities while maintaining a balance between risk and return. The funds will be mainly invested in debt instruments and Money Market Instruments.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||1|
|Minimum Balance (₹)||1|
|Exit Load||3% for redemption within 90 days
2% for redemption between 91 - 180 days
1% for redemption between 181 - 365 days
|Fund House:||Baroda Mutual Fund|
|Benchmark:||CRISIL Composite Bond|
|Assets:||₹ 21 Cr (As on 30-Nov-2019)|
|Expense:||1.04% (As on 30-Nov-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
Fund News - 16-Sep-2019
Fund News - 07-Jun-2019
Fund News - 13-Dec-2018
Fund News - 22-Jun-2016
Fund News - 20-Jun-2016
AMC: Baroda Asset Management India Ltd
Address: 501, Raheja Titanium, Western Express Highway, Goregoan, (E) Mumbai - 400063
Phone: +91 22-3074 1000
Fax: +91 22-3074 1001
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034
Email: [email protected]