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:
|Debt: Dynamic Bond||0.35||-0.04||0.29||0.35||1.44||3.10||8.53||5.88||7.45||8.31||--|
|Rank within category||17||3||24||15||15||17||21||--||--||--||--|
|Number of funds in category||25||25||25||25||25||25||25||20||19||18||0|
As on 28-Jan-2020
|Best (Period)||Worst (Period)|
|Week||1.38 (20-Mar-2018 - 27-Mar-2018)||-1.39 (13-Apr-2018 - 20-Apr-2018)|
|Month||3.53 (06-Mar-2018 - 05-Apr-2018)||-2.32 (23-Jan-2018 - 22-Feb-2018)|
|Quarter||4.76 (26-Sep-2018 - 26-Dec-2018)||-2.45 (23-Nov-2017 - 22-Feb-2018)|
|Year||12.47 (04-Mar-2014 - 04-Mar-2015)||-2.38 (07-Jun-2017 - 07-Jun-2018)|
|Debt: Dynamic Bond||6.09||3.18||0.39||0.73||1.11||-0.06|
|Rank within category||21||5||22||25||6||21|
|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-Dec-2019
|Fund||1Y High||1Y Low||Category|
|Number of Securities||6||8||3||21|
|Modified Duration (yrs)||0.36||0.41||0.10||3.38|
|Average Maturity (yrs)||0.38||0.43||0.10||4.57|
|Yield to Maturity (%)||5.73||6.43||5.14||7.13|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|Birla Group Holdings 61-D 27/01/2020||Commercial Paper||A1+||0.00 - 9.36||9.01|
|Time Technoplast 90-D 29/01/2020||Commercial Paper||A1+||0.00 - 7.00||6.74|
|7.16% GOI 20/05/2023||Central Government Loan||SOV||0.00 - 4.99||4.72|
|8.23% GOI 2027||Central Government Loan||SOV||0.84 - 2.51||2.39|
|9.95% State Bank of India 16/03/2026||Bonds||AAA||0.52 - 0.62||0.58|
|12.00% IIFL Home Finance 31/03/2020||Debenture||AA||0.08 - 0.10||0.09|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Dec-2019
Education: Mr. Pattnayak has done MBA
Experience: Prior to joining Quant Mutual Fund, he has more than 10 years of professional experience in the area of equity derivatives market making, structured products and fundamental portfolio management both in India and UK.
Education: Mr. Sharma is a Commerce Graduate and PGDBA (Finance) from Symbiosis, Pune.
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme primarily seeks to generate current income and capital appreciation by predominantly investing in a well-diversified portfolio of debt and money market securities.
|Minimum Investment (₹)||100|
|Minimum Addl Investment (₹)||100|
|Minimum SIP Investment (₹)||100|
|Minimum No of Cheques||6|
|Minimum Withdrawal (₹)||--|
|Minimum Balance (₹)||--|
|Fund House:||Quant Mutual Fund|
|Return Since Launch:||7.29%|
|Assets:||₹ 22 Cr (As on 31-Dec-2019)|
|Expense:||0.11% (As on 31-Dec-2019)|
|Plan||Record Date||Dividend (₹ / Unit)|
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]