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IDFC Dynamic Bond Fund - Direct 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
₹ 1.23 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 2.62 0.01 0.07 0.48 0.84 2.51 3.46 9.90 7.43 8.90 --
VR Bond 2.64 0.01 0.03 0.57 1.35 2.09 3.02 6.34 5.55 6.69 --
Debt: Dynamic Bond 4.19 0.03 0.16 0.60 1.37 3.04 4.85 8.14 6.29 7.97 --
Rank within category 20 23 25 20 19 13 20 4 4 5 --
Number of funds in category 26 28 28 28 28 27 26 24 22 21 0

As on 02-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDFC Dynamic Bond Fund - Direct Plan
4 star
 Jan-13 3.46 9.90 7.43 0.72% 4,064
ICICI Prudential All Seasons Bond Fund - Direct Plan  | Invest Now
5 star
 Jan-13 5.62 9.96 7.89 0.61% 6,544
Kotak Dynamic Bond Fund - Direct Plan  | Invest Online
5 star
 Jan-13 4.71 9.99 8.10 0.52% 2,946
Axis Dynamic Bond Fund - Direct Plan
4 star
 Jan-13 4.84 10.09 7.62 0.25% 2,204
IIFL Dynamic Bond Fund - Direct Plan
4 star
 Jun-13 6.30 7.93 7.18 0.27% 733

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.57 19-Aug-2013 - 26-Aug-2013 -4.28 12-Aug-2013 - 19-Aug-2013
Month 5.59 25-Oct-2016 - 24-Nov-2016 -4.96 19-Jul-2013 - 19-Aug-2013
Quarter 8.81 12-Sep-2014 - 12-Dec-2014 -6.71 20-May-2013 - 19-Aug-2013
Year 18.77 13-Feb-2014 - 13-Feb-2015 -0.52 11-Sep-2017 - 11-Sep-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.58 3.95 1.47 2.12 1.75 1.57
VR Bond 6.20 2.04 1.18 1.59 -- --
Debt: Dynamic Bond 7.88 3.58 1.36 2.13 1.07 1.52
Rank within category 4 18 12 12 24 15
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 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 3 9 3 23
Modified Duration (yrs) 3.87 6.08 1.79 --
Average Maturity (yrs) 4.45 8.06 2.16 --
Yield to Maturity (%) 5.84 6.35 4.39 --
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
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 99.69 99.69
equal 8.20% GOI 24/09/2025 Central Government Loan SOV 0.00 - 0.00 0.00
equal 7.17% GOI 2028 GOI Securities SOV 0.00 - 8.19 0.00
equal Others Margin Money -- - 0.02

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-Oct-2021

Fund Manager

— Suyash Choudhary since 01-Jan-2013

Education: Mr. Choudhary is a B.A (H) Economics from Delhi University and PGDM from IIM Calcutta.

Experience: Prior to joining IDFC Mutual Fund he has worked with HSBC Asset Management (India) Pvt. Ltd., Standard Chartered Asset Management Co. Pvt. Ltd. and Deutsche Bank.

Interviews:

Funds Managed:

0.01%

Change from previous, NAV as on 02-Dec-2021

Growth: ₹ 30.0362

IDCW Yearly: ₹ 11.8267

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IDCW Quarterly: ₹ 13.1994

IDCW Periodic: ₹ 10.5325

IDCW Half Yearly: ₹ 10.7175

IDCW: ₹ 12.8967

Investment Strategy

The scheme seeks to generate optimal returns by active management of the portfolio by investing in debt and money market instruments across maturities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: IDFC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 9.23%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 4,064 Cr (As on 31-Oct-2021)
Expense: 0.72% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Half Yearly28-Sep-20210.3809

 24-Mar-20210.0828
 28-Sep-20200.7631
 24-Mar-20200.3875
 25-Sep-20190.5568
 27-Mar-20190.5137
 24-Sep-20180.0143
 21-Sep-20170.3684
 22-Mar-20170.3034
 22-Sep-20160.5417
 22-Mar-20160.1712
 24-Sep-20150.1548
 23-Mar-20150.7421
 19-Sep-20140.1559
IDCW Quarterly28-Sep-20210.2249

 28-Jun-20210.0714
 24-Dec-20200.3971
 28-Sep-20200.0564
 26-Jun-20200.8071
 24-Mar-20200.2585
 26-Dec-20190.0367
 25-Sep-20190.2983
 25-Jun-20190.3196
 27-Mar-20190.0780
 27-Dec-20180.4426
 26-Sep-20180.0458
 21-Sep-20170.0939
 27-Jun-20170.3395
 22-Mar-20170.0289
 22-Dec-20160.3972
 22-Sep-20160.4117
 23-Jun-20160.2022
 22-Mar-20160.1308
 21-Dec-20150.0716
 24-Sep-20150.1533
 28-May-20130.2803
 19-Mar-20130.2428
IDCW25-Mar-20211.0497

 24-Mar-20202.3995
 22-Mar-20171.1123
 17-Mar-20160.4514
 19-Mar-20150.3880
 28-May-20130.4135
 19-Mar-20130.2642
IDCW Periodic25-Mar-20210.8577

 24-Mar-20205.0138
IDCW Yearly24-Mar-20210.9441

 24-Mar-20201.0167
 27-Mar-20190.6843
 20-Mar-20180.1528
 29-Mar-20171.0328
 17-Mar-20161.3109
 29-Sep-20140.3896
 19-Mar-20130.1215

Contact Information

AMC: IDFC Asset Management Company Limited

Address: Unit No. 27, Ground Floor, Khetan Bhavan,198, Jamshedji Tata Road, Churchgate, Mumbai - 400020

Phone: 022-24398777 / 24399999 / 66289999

Fax: 24215052 / 24215051

Email: [email protected]

Website: http://www.idfcmf.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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