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Tata Dynamic Bond Fund - Regular Plan

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Debt: Dynamic Bond

1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 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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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 7.03 -0.19 0.31 1.90 4.88 7.25 9.42 6.14 7.70 8.19 8.31
VR Bond 5.53 -0.07 0.27 0.85 3.24 5.52 7.02 7.03 7.57 7.59 7.60
Debt: Dynamic Bond 6.98 -0.11 0.46 1.80 5.23 7.07 9.23 6.60 8.04 7.98 8.48
Rank within category 14 25 14 14 18 13 13 18 15 12 8
Number of funds in category 28 29 29 29 29 28 28 24 23 22 15

As on 14-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Tata Dynamic Bond Fund - Regular Plan  | Invest Online
2 star
 Sep-03 9.42 6.14 7.70 1.41 271
ICICI Prudential All Seasons Bond Fund  | Invest Now
4 star
 May-09 11.91 8.18 9.95 1.50 3,108
IDFC Dynamic Bond Fund - Regular Plan
4 star
 Dec-08 12.82 8.92 9.63 1.77 2,311
SBI Dynamic Bond Fund
5 star
 Feb-04 11.19 8.43 9.73 1.66 1,724
Kotak Dynamic Bond Fund - Regular Plan  | Invest Online
5 star
 May-08 11.08 9.38 10.06 1.08 1,322

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.06 (19-Aug-2013 - 26-Aug-2013) -5.49 (02-Jan-2009 - 09-Jan-2009)
Month 5.88 (19-Aug-2013 - 18-Sep-2013) -4.89 (02-Jan-2009 - 03-Feb-2009)
Quarter 6.84 (25-Aug-2016 - 24-Nov-2016) -6.16 (20-May-2013 - 19-Aug-2013)
Year 15.80 (31-Jan-2014 - 02-Feb-2015) -3.62 (02-Jan-2009 - 04-Jan-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 5.77 2.39 0.20 0.45 0.95 -0.89
VR Bond 6.73 1.95 0.74 1.57 -- --
Debt: Dynamic Bond 6.19 3.17 0.41 1.03 1.13 -0.72
Rank within category 20 5 20 20 8 17
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 16 21 15 17
Modified Duration (yrs) 4.72 5.79 1.53 --
Average Maturity (yrs) 7.12 9.54 2.03 --
Yield to Maturity (%) 6.30 7.35 6.25 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 6.19% GOI 16/09/2034 GOI Securities SOV 0.00 - 45.89 45.89
equal ONGC Petro Additions 27/03/2021 Debenture AAA 6.76 - 9.41 9.30
new 7.43% National Bank Agr. Rur. Devp 31/01/2030 Debenture AAA 0.00 - 8.22 8.07
new 6.68% GOI 17/09/2031 GOI Securities SOV 0.00 - 5.74 5.74
equal 7.35% Nat. Highways Authority 28/04/2030 Debenture AAA 0.00 - 5.80 5.73
new 6.57% GOI 2033 GOI Securities SOV 0.00 - 3.78 3.78
equal 7.18% Canara Bank 2030 Zero Coupon Bonds AAA 0.00 - 3.75 3.75
equal 8.70% LIC Housing Fin. 23/03/2029 Debenture AAA 0.00 - 2.02 2.02
equal 7.13% NHPC 2027 Debenture AAA 0.00 - 1.93 1.93
equal 7.13% NHPC 2029 Debenture AAA 0.00 - 1.93 1.93
equal 7.13% NHPC 2026 Debenture AAA 0.00 - 1.92 1.92
equal 7.44% Bank of Baroda 2030 Debenture AAA 0.00 - 1.93 1.91
equal 7.10% Bajaj Finance 2023 Debenture AAA 0.00 - 1.88 1.88
equal 7.10% Power Finance Corp. 2022 Bonds/NCDs AAA 0.24 - 0.34 0.34
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.03 - 0.05 0.05
equal 9.25% India Infradebt 19/06/2023 Non Convertible Debenture AAA 0.03 - 0.04 0.04

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

*As on 31-May-2020

Fund Manager

— Akhil Mittal since 26-Jun-2014

Education: Mr. Mittal is B.Com (H) and MBA from University Business School.

Experience: Prior to joining Tata AMC, he has worked with Canara Robeco AMC, Principal Asset Management Company, Edelweiss Securities Ltd. and Rallis India Ltd.

Funds Managed:

Invest Online
-0.19%

Change from previous, NAV as on 14-Jul-2020

Growth: ₹ 31.4461

Dividend Monthly: ₹ 18.1263

Investment Strategy

The scheme aims to provide reasonable returns and high level of liquidity by investing in debt instruments including bonds, debentures, Government securities and money market instruments so as to spread the risk across different kinds of issuers in the debt markets.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0.5% for redemption within 30 days

Basic Details

Fund House: Tata Mutual Fund
Launch Date: 03-Sep-2003
Return Since Launch: 7.03%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 271 Cr (As on 30-Jun-2020)
Expense: 1.41% (As on 31-May-2020)
Risk Grade: Below Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly14-Mar-20171.0112

 15-Mar-20160.5417
 25-Sep-20140.9351
 30-May-20130.2628
 29-Apr-20130.0438
 25-Feb-20130.0440
 28-Jan-20130.0440
 05-Jan-20090.3534
 23-Oct-20080.1368
 02-Jul-20080.0664
 23-May-20080.0690
 08-Apr-20080.0371
 26-Mar-20080.0356
 20-Dec-20070.1844
 04-Sep-20070.0586
 01-Aug-20070.0516
 29-Jun-20070.0738
 28-May-20070.0175
 27-Apr-20070.0669
 20-Mar-20070.1269
 22-Dec-20060.1254
 26-Sep-20060.1326
 26-Jun-20060.1308
 20-Mar-20060.1202
 19-Dec-20050.1202

Contact Information

AMC: Tata Asset Management Private Ltd

Address: 9th Floor, Mafatlal Centre, Nariman Point, Mumbai - 400021

Phone: 1800-209-0101

Email: [email protected]

Website: http://www.tatamutualfund.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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