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HDFC Dynamic Debt Fund - Direct Plan

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Debt: Dynamic Bond

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1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 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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(₹)
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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 -0.25 -0.01 -0.01 -0.52 0.42 1.60 7.92 7.03 5.68 7.20 --
VR Bond -0.31 0.04 -0.12 -0.54 0.48 1.87 2.23 5.69 5.55 6.42 --
Debt: Dynamic Bond -0.11 0.02 0.05 -0.29 0.50 2.49 4.13 7.53 6.46 7.65 --
Rank within category 23 27 22 23 19 26 2 21 17 15 --
Number of funds in category 28 28 28 28 28 27 26 25 22 21 0

As on 14-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HDFC Dynamic Debt Fund - Direct Plan  | Invest Online
4 star
 Jan-13 7.92 7.03 5.68 0.49% 712
ICICI Prudential All Seasons Bond Fund - Direct Plan  | Invest Now
5 star
 Jan-13 4.81 9.31 7.97 0.61% 6,654
Kotak Dynamic Bond Fund - Direct Plan  | Invest Online
5 star
 Jan-13 3.84 9.18 8.19 0.50% 3,134
IDFC Dynamic Bond Fund - Direct Plan
4 star
 Jan-13 2.84 9.25 7.76 0.73% 2,851
IIFL Dynamic Bond Fund - Direct Plan
5 star
 Jun-13 6.35 7.63 7.34 0.27% 722

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.42 22-Jun-2021 - 29-Jun-2021 -3.28 12-Aug-2013 - 19-Aug-2013
Month 5.92 22-Jun-2021 - 22-Jul-2021 -4.31 19-Jul-2013 - 19-Aug-2013
Quarter 8.43 12-Sep-2014 - 12-Dec-2014 -7.25 20-May-2013 - 19-Aug-2013
Year 19.97 26-Feb-2014 - 27-Feb-2015 -0.15 13-Jun-2017 - 13-Jun-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.09 4.24 0.79 1.26 0.56 2.23
VR Bond 5.74 2.02 1.00 1.37 -- --
Debt: Dynamic Bond 7.42 3.52 1.25 2.01 1.07 1.54
Rank within category 21 22 22 22 6 6
Number of funds in category 26 26 26 26 26 26

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

As on 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 22 32 17 24
Modified Duration (yrs) 3.46 4.52 1.77 3.54
Average Maturity (yrs) 6.98 6.98 2.44 5.03
Yield to Maturity (%) 5.52 5.91 4.90 5.40
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 6.10% GOI 2031 GOI Securities SOV 0.00 - 22.98 17.81
new 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 13.08 13.08
up 7.17% GOI 2028 GOI Securities SOV 10.34 - 12.49 11.00
equal 6.97% GOI 2026 GOI Securities SOV 1.09 - 12.45 7.32
equal 6.67% GOI 15/12/2035 GOI Securities SOV 0.00 - 8.75 4.79
down 5.63% GOI 2026 GOI Securities SOV 0.00 - 24.45 4.19
equal GOI 2028 GOI Securities SOV 0.00 - 4.54 4.17
equal 8.90% State Bank of India Additional Tier 2 Bond AAA 3.73 - 6.42 3.73
equal 6.79% GOI 26/12/2029 GOI Securities SOV 2.87 - 4.88 2.87
equal 9.38% MTNL 2023 Bonds AAA 2.25 - 3.91 2.25
equal 7.70% Jamnagar Utilities and Power 29/06/2023 Non Convertible Debenture AAA 2.18 - 3.74 2.18
equal 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 6.41 2.06
equal 6.79% GOI 15/05/2027 GOI Securities SOV 1.45 - 2.46 1.45
equal 7.42% Maharashtra State 2022 State Development Loan SOV 1.42 - 2.45 1.42
equal 9.50% Inox Wind Infrastructure Services 28/09/2023 Debenture AA 1.15 - 2.38 1.15
equal 8.68% Gujarat State 2023 State Development Loan SOV 0.73 - 1.27 0.73
equal 6.99% GOI 15/12/2051 GOI Securities SOV 0.00 - 0.76 0.70
equal 6.67% GOI 17/12/2050 GOI Securities SOV 0.00 - 1.02 0.67
equal 1.44% GOI 2023 GOI Securities SOV 0.12 - 0.19 0.12
equal 8.49% NTPC 25/03/2025 Bonds/NCDs AAA 0.10 - 0.17 0.10
equal 8.26% Maharashtra State 2025 State Development Loan SOV 0.09 - 0.16 0.09
equal 8.19% Rajasthan State 23/06/2026 State Development Loan SOV 0.00 - 0.00 0.00

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-Dec-2021

Fund Manager

— Anil Bamboli since 01-Jan-2013

Education: Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.

Experience: Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.

Funds Managed:

Invest Online
-0.01%

Change from previous, NAV as on 14-Jan-2022

Growth: ₹ 78.0472

IDCW Yearly: ₹ 14.5552

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IDCW Quarterly: ₹ 13.1028

IDCW Half Yearly: ₹ 13.0960

IDCW: ₹ 16.4333

Investment Strategy

The scheme seeks to generate income / capital appreciation by investing in a range of debt and money market instruments.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: HDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.14%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 712 Cr (As on 31-Dec-2021)
Expense: 0.49% (As on 31-Dec-2021)
Risk Grade: Below Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly27-Dec-20210.1000

 27-Sep-20210.2000
 25-Jun-20210.1000
 25-Mar-20210.1000
 28-Dec-20200.2000
 25-Sep-20200.2000
 25-Jun-20200.2000
 18-Mar-20200.1500
 26-Dec-20190.1500
 25-Sep-20190.1500
 25-Jun-20190.1000
 25-Mar-20190.1000
 26-Dec-20180.1500
 25-Sep-20180.0500
 25-Jun-20180.0500
 26-Mar-20180.0500
 26-Dec-20170.0500
 25-Sep-20170.0500
 27-Jun-20170.2500
 27-Mar-20170.1000
 26-Dec-20160.2000
 26-Sep-20160.4000
 27-Jun-20160.1500
 28-Mar-20160.1000
 28-Dec-20150.1500
IDCW Half Yearly27-Sep-20210.3000

 25-Mar-20210.3000
 25-Sep-20200.4000
 18-Mar-20200.4000
 25-Sep-20190.1500
 25-Mar-20190.2500
 25-Sep-20180.1000
 26-Mar-20180.1000
 25-Sep-20170.3000
 27-Mar-20170.3000
 26-Sep-20160.5500
 28-Mar-20160.2000
 28-Sep-20150.2500
 25-Mar-20150.5000
 25-Sep-20140.4000
 25-Mar-20140.4000
 25-Sep-20130.0787
 25-Mar-20130.5000
IDCW Yearly25-Mar-20210.7000

 18-Mar-20200.5500
 25-Mar-20190.3500
 26-Mar-20180.4000
 27-Mar-20170.8500
 28-Mar-20160.4500
 25-Mar-20150.9000
 25-Mar-20140.6500
 25-Mar-20130.9500

Contact Information

AMC: HDFC Asset Management Company Ltd

Address: "HDFC House"-2nd Floor, H.T. Parekh Marg - 165-166, Backbay Reclamation, Churchgate Mumbai - 400020

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

Fax: 022-22821144

Website: http://www.hdfcfund.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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