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5 star

Edelweiss Dynamic Bond Fund - Direct Plan


Debt: Dynamic Bond

1 Lakh

Investment Grown to
₹ 1.08 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 Lakh

Suitability:

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:

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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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 5.63 0.03 0.14 0.74 2.35 5.48 8.33 8.46 8.68 8.68 --
VR Bond 5.50 0.13 0.38 0.85 3.33 5.33 7.35 7.06 7.54 7.60 --
Debt: Dynamic Bond 7.40 0.18 0.88 1.94 5.62 7.27 10.32 7.41 8.76 8.77 --
Rank within category 24 25 28 28 28 24 23 -- -- -- --
Number of funds in category 28 29 29 29 29 28 28 24 23 22 0

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Dynamic Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 8.33 8.46 8.68 0.24 50
ICICI Prudential All Seasons Bond Fund - Direct Plan  | Invest Now
4 star
Jan-13 12.96 8.97 10.64 0.77 3,108
IDFC Dynamic Bond Fund - Direct Plan
4 star
Jan-13 14.44 9.81 10.50 0.98 2,311
SBI Dynamic Bond Fund - Direct Plan
5 star
Jan-13 12.82 9.36 10.51 1.04 1,724
Kotak Dynamic Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 12.21 10.12 10.72 0.45 1,322

Best & Worst Performance

Best (Period) Worst (Period)
Week 3.34 (19-Aug-2013 - 26-Aug-2013) -3.48 (09-Jul-2013 - 16-Jul-2013)
Month 4.30 (20-Aug-2013 - 19-Sep-2013) -5.28 (17-Jun-2013 - 17-Jul-2013)
Quarter 7.33 (16-Apr-2019 - 16-Jul-2019) -8.14 (20-May-2013 - 19-Aug-2013)
Year 17.55 (03-Oct-2018 - 03-Oct-2019) 0.07 (12-Jun-2017 - 12-Jun-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.25 3.21 0.92 2.27 1.41 0.93
VR Bond 6.73 1.95 0.74 1.57 -- --
Debt: Dynamic Bond 6.87 3.17 0.65 1.52 1.13 -0.04
Rank within category 10 17 11 9 21 11
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-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 9 18 3 17
Modified Duration (yrs) 0.63 5.95 0.11 4.40
Average Maturity (yrs) 0.66 9.10 0.12 5.57
Yield to Maturity (%) 4.55 7.88 4.55 5.79

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 364-D 04/03/2021 Treasury Bills SOV 0.00 - 79.98 48.82
equal 7.88% LIC Housing Fin. 28/01/2021 Bonds/NCDs AAA 0.00 - 10.16 10.16
equal National Bank Agr. Rur. Devp 18/02/2021 Certificate of Deposit A1+ 0.00 - 9.76 9.76
equal 10.25% SD Corporation 17/04/2021 Debenture A+ 0.00 - 4.47 3.93
equal Muthoot Finance 24/04/2022 Non Convertible Debenture AA 0.00 - 3.62 3.62
equal 7.85% Indian Hotels 15/04/2022 Bonds/Debentures AA+ 0.00 - 3.16 3.16
equal 8.12% Nabha Power 28/04/2021 Debenture AAA 1.60 - 4.71 1.62
equal L&T Finance 13/04/2022 Debenture AAA 0.00 - 1.45 1.45
equal Shriram City Union Finance 2022 Zero Coupon Bonds AA+ 0.38 - 0.52 0.44

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 30-Jun-2020

Fund Manager

— Gautam Kaul since 11-Dec-2017

Education: Mr. Kaul is a B.Com (H) and MBA (Finance).

Experience: Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..

Funds Managed:


0.03%

Change from previous, NAV as on 10-Jul-2020

Growth: ₹ 23.7838

Dividend Yearly: ₹ 23.7835

Dividend: ₹ 22.1812


Investment Strategy

The scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 04-Jan-2013
Return Since Launch: 8.68%
Benchmark: NIFTY Composite Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 50 Cr (As on 30-Jun-2020)
Expense: 0.24% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: High

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098

Phone: 40933400 / 1800-425-0090

Email: [email protected]

Website: http://www.edelweissmf.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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