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3 star

PGIM India Dynamic Bond Fund - Direct Plan


Debt: Dynamic Bond

1 Lakh

Investment Grown to
₹ 1.04 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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(₹)
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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 3.56 0.07 0.04 0.27 1.35 2.13 3.74 9.15 7.29 9.14 --
VR Bond 2.70 0.08 0.12 0.88 1.78 2.08 3.24 6.55 5.53 6.78 --
Debt: Dynamic Bond 4.11 0.08 0.14 0.54 1.72 2.94 4.66 8.27 6.22 8.16 --
Rank within category 13 15 28 26 15 17 15 8 5 4 --
Number of funds in category 26 28 28 28 28 27 26 24 22 21 0

As on 26-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
PGIM India Dynamic Bond Fund - Direct Plan  | Invest Online
3 star
Jan-13 3.74 9.15 7.29 0.59% 118
ICICI Prudential All Seasons Bond Fund - Direct Plan  | Invest Now
5 star
Jan-13 5.51 10.08 7.82 0.61% 6,544
IDFC Dynamic Bond Fund - Direct Plan
4 star
Jan-13 3.20 10.10 7.35 0.72% 4,064
Kotak Dynamic Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.55 10.12 8.04 0.52% 2,946
SBI Dynamic Bond Fund - Direct Plan
4 star
Jan-13 2.63 9.53 7.17 0.88% 2,791

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.83 17-Nov-2016 - 24-Nov-2016 -2.34 02-Feb-2017 - 09-Feb-2017
Month 5.99 04-Nov-2016 - 06-Dec-2016 -2.98 09-Mar-2020 - 09-Apr-2020
Quarter 8.41 12-Sep-2014 - 12-Dec-2014 -3.96 20-May-2013 - 19-Aug-2013
Year 17.09 07-Dec-2015 - 06-Dec-2016 0.97 20-May-2013 - 20-May-2014

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.05 2.93 1.77 2.96 1.26 1.91
VR Bond 6.46 2.13 1.22 1.72 -- --
Debt: Dynamic Bond 8.12 3.60 1.39 2.18 1.04 1.56
Rank within category 8 8 6 5 16 10
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-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 12 16 9 23
Modified Duration (yrs) 3.67 5.72 2.89 --
Average Maturity (yrs) 4.78 7.68 3.51 --
Yield to Maturity (%) 5.17 5.99 4.34 --
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
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 30.11 30.11
new GOI 2028 GOI Securities SOV 0.00 - 11.58 11.58
new 6.67% GOI 15/12/2035 GOI Securities SOV 0.00 - 10.17 10.17
new 6.40% Jamnagar Utilities and Power 29/09/2026 Non Convertible Debenture AAA 0.00 - 6.72 6.72
equal 7.27% GOI 2026 GOI Securities SOV 0.00 - 9.02 4.47
equal 9.15% SBI Cards & Payments Services 17/06/2022 Debenture AAA 0.00 - 4.73 4.33
equal 8.60% National Bank Agr. Rur. Devp 31/01/2022 Debenture AAA 0.00 - 2.33 2.14
down GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 0.00 - 22.37 2.14
equal 6.10% Tata Capital Financial Services 29/03/2024 Zero Coupon Bonds AAA 0.00 - 1.95 1.70
up 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 18.99 1.45
equal 5.77% GOI 2030 GOI Securities SOV 0.84 - 27.46 0.84
equal 7.17% GOI 2028 GOI Securities SOV 0.14 - 0.16 0.14

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

— Puneet Pal since 13-Dec-2017

Education: Mr. Pal is a B.Com (H) and MBA from SIBM Pune.

Experience: Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.

Funds Managed:


0.07%

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

Growth: ₹ 2,323.4842

IDCW Quarterly: ₹ 1,211.1226


Investment Strategy

The Scheme seek to generate returns through active management of a portfolio of debt and money market instruments.

Investment Details

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

Basic Details

Fund House: PGIM India Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 8.82%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 118 Cr (As on 31-Oct-2021)
Expense: 0.59% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly24-Sep-202120.0000

 25-Jun-202120.0000
 26-Mar-202120.0000
 31-Dec-202019.7500
 25-Sep-202021.5000
 30-Jun-202022.5000
 27-Mar-202012.2455
 26-Dec-201912.9658
 27-Sep-201912.9658
 28-Jun-201914.4065
 25-Mar-201914.4065
 28-Dec-201814.4065
 28-Sep-201814.4065
 28-Jun-201814.4065
 23-Mar-201814.4453
 29-Dec-201714.4453
 28-Sep-201715.8898
 29-Jun-201715.1676
 24-Mar-201715.1676
 29-Dec-201614.4453
 29-Sep-201614.4453
 27-Jun-201614.4453
 28-Mar-201614.4453
 28-Dec-201514.4453
IDCW Monthly29-Sep-20175.4170

 24-Aug-20175.4170
 28-Jul-20175.4170
 30-Jun-20175.4170
 26-May-20171.4445
 27-Jun-20164.1530
 27-May-20164.1530
 29-Apr-20164.1530
 28-Sep-201521.7907
 25-Aug-20155.4561
 27-Jul-20150.2270
 25-Feb-20157.5250
 27-Jan-201513.6780
 26-Dec-201424.5838
 25-Nov-201418.7974
 27-Oct-201417.0986
 25-Jun-20145.3842
 26-May-20148.7840
 25-Apr-20142.6832
 27-May-201319.8702
 25-Mar-20137.2242
 28-Jan-201314.8796

Contact Information

AMC: PGIM India Asset Management Pvt. Ltd.

Address: 4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai - 400051

Phone: 022-61593000 / 1800-266-2667

Email: [email protected]

Website: https://www.pgimindiamf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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