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Aditya Birla Sun Life Dynamic Bond Fund - Regular Plan download report

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Debt: Dynamic Bond

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1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.24 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
Aditya Birla SL Dynamic Bond Reg-G 3.70 -0.21 0.10 3.58 4.28 4.14 5.66 4.17 4.13 5.93 7.16
VR Bond 0.88 0.10 0.54 0.95 1.09 1.77 2.80 4.01 5.12 6.04 6.72
Debt: Dynamic Bond 0.88 -0.24 0.11 0.83 1.85 1.52 2.85 5.26 5.31 6.76 7.45
Rank within category 2 12 13 1 2 2 2 20 21 17 14
Number of funds in category 26 26 26 26 26 26 26 23 21 20 18

As on 05-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Dynamic Bond Fund - Regular Plan  | Invest Online
3 star
 Sep-04 5.66 4.17 4.13 1.65 1,498
ICICI Prudential All Seasons Bond Fund  | Invest Now
5 star
 May-09 3.23 6.88 6.53 1.37 5,691
SBI Dynamic Bond Fund
4 star
 Feb-04 1.90 5.03 5.76 1.64 2,300
Kotak Dynamic Bond Fund - Regular Plan  | Invest Online
4 star
 May-08 2.27 5.75 6.68 1.21 2,043
IIFL Dynamic Bond Fund - Regular Plan
5 star
 Jun-13 3.68 6.09 5.89 0.52 576

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.92 11-Dec-2008 - 18-Dec-2008 -5.31 18-Nov-2019 - 25-Nov-2019
Month 4.95 03-Dec-2008 - 02-Jan-2009 -4.98 19-Nov-2019 - 19-Dec-2019
Quarter 7.28 06-Oct-2008 - 05-Jan-2009 -7.16 19-Sep-2019 - 19-Dec-2019
Year 18.36 02-Dec-2015 - 01-Dec-2016 -1.74 25-Mar-2019 - 24-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Aditya Birla SL Dynamic Bond Reg-G 4.17 4.35 0.16 0.18 0.72 0.40
VR Bond 3.88 1.88 0.21 0.29 -- --
Debt: Dynamic Bond 5.12 3.22 0.54 0.91 1.04 1.22
Rank within category 21 23 23 23 7 18
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-Jul-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 65 81 65 24
Modified Duration (yrs) 2.40 3.44 1.62 2.57
Average Maturity (yrs) 3.31 4.81 2.20 4.05
Yield to Maturity (%) 7.58 7.74 6.23 6.73
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 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 12.02 12.02
equal 6.25% Embassy Office Parks REIT 18/10/2024 Debenture AAA 0.00 - 4.50 4.23
equal Tata Housing Devp. Co. 2023 Zero Coupon Bonds AA 3.65 - 4.29 4.03
new 5.72% LIC Housing Fin. 22/02/2024 Debenture AAA 0.00 - 3.27 3.27
down First Business Receivable Trust Securitised Debt AAA 0.26 - 0.95 3.04
equal 6.50% Tata Realty and Infrastructure 17/07/2024 Non Convertible Debenture AA 2.94 - 3.20 3.00
equal 5.90% Bharti Hexacom 30/04/2024 Debenture AA+ 0.00 - 3.19 3.00
equal Mahindra Rural Housing Finance 17/06/2024 Debenture AA+ 2.78 - 3.20 2.99
equal 9.25% Shriram City Union Finance 28/02/2023 Debenture AA 2.56 - 2.89 2.70
equal JM Financial Credit Solutions 23/07/2024 Debenture AA 2.50 - 2.86 2.68
equal 6.24% State Bank of India Additional Tier 2 Bond AAA 0.00 - 2.79 2.58
equal 6.10% GOI 2031 GOI Securities SOV 0.00 - 14.68 2.40
equal 10.15% Uttar Pradesh Power Corporation 19/01/2024 Debenture A+ 2.13 - 2.33 2.18
equal Varanasi Sangam Expressway 29/12/2034 Non Convertible Debenture AAA 2.02 - 2.17 2.03
equal 7.40% Muthoot Finance 2024 Debenture AA+ 0.00 - 2.13 2.00
equal 6.50% Adani Ports and Special Economic Zone 2023 Debenture AA+ 1.90 - 2.12 1.99
equal 5.84% Indian Oil Corporation 19/04/2024 Debenture AAA 0.00 - 2.10 1.97
equal 6.70% DLF Cyber City Developers 30/09/2024 Debenture AA 0.00 - 2.06 1.94
equal 8.10% Tata Capital Housing Finance 14/01/2023 Non Convertible Debenture AAA 0.00 - 1.80 1.68
new 7.42% Bajaj Housing Finance 2024 Non Convertible Debenture AAA 0.00 - 1.67 1.67
equal 6.24% Godrej Industries 14/07/2023 Debenture AA 1.59 - 1.77 1.65
equal Vedanta 182-D 23/09/2022 Commercial Paper A1+ 0.00 - 1.76 1.65
equal 6.40% Embassy Office Parks REIT 15/02/2024 Debenture AAA 0.00 - 1.76 1.65
equal 5.75% Bharat Oman Refineries 15/12/2023 Debenture AAA 0.00 - 1.75 1.64
new Kotak Mahindra Bank 2023 Certificate of Deposit A1+ 0.00 - 1.62 1.62

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-Jul-2022

Fund Manager

— Bhupesh Bameta since 06-Aug-2020

Education: Mr. Bameta has done B.Tech (IIT Kanpur), CFA Charterholder (CFA Institute, USA)

Experience: Prior to joining Aditya Birla Sun Life Mutual Fund as an Analyst, Fixed Income. He was the Head of Research in Forex and Rates Desk at Edelweiss Securities Limited, covering global and Indian forex markets and economies. He was also associated with Quant Capital for 6 years as an Economist and was covering Indian and global economy and markets.

Funds Managed:

— Mohit Sharma since 22-Mar-2021

Education: Mr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).

Experience: Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).

Funds Managed:

Invest Online
-0.21%

Change from previous, NAV as on 05-Aug-2022

Growth: ₹ 37.2521

IDCW Quarterly: ₹ 10.4713

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IDCW Monthly: ₹ 10.4084

IDCW: ₹ 12.0487

Discipline Advantage Plan: ₹ 25.7627

Investment Strategy

The scheme aims to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments.

Investment Details

Min. Investment (₹) 1,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 6
Min. Withdrawal (₹) 1
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load For units in excess of 15% of the investment,0.5% will be charged for redemption within 90 days

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 27-Sep-2004
Return Since Launch: 7.64%
Benchmark: NIFTY Composite Debt Index B-III
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,498 Cr (As on 31-Jul-2022)
Expense Ratio: 1.65% (As on 30-Jun-2022)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly29-Jul-20220.0482

 24-Jun-20220.0387
 27-May-20220.0390
 29-Apr-20220.0492
 25-Mar-20220.0394
 25-Feb-20220.0394
 28-Jan-20220.0396
 31-Dec-20210.0497
 26-Nov-20210.0397
 29-Oct-20210.0498
 24-Sep-20210.0397
 27-Aug-20210.0397
 30-Jul-20210.0496
 25-Jun-20210.0397
 28-May-20210.0396
 30-Apr-20210.0493
 26-Mar-20210.0392
 26-Feb-20210.0396
 29-Jan-20210.0454
 28-Dec-20200.0439
 27-Nov-20200.0353
 02-Nov-20200.0533
 25-Sep-20200.0469
 28-Aug-20200.0474
 31-Jul-20200.0581
IDCW Quarterly30-Jun-20220.0809

 30-Mar-20220.1256
 31-Dec-20210.1305
 30-Sep-20210.1299
 30-Jun-20210.1294
 30-Mar-20210.1258
 31-Dec-20200.1287
 30-Sep-20200.1526
 30-Sep-20190.1510
 28-Jun-20190.1459
 29-Mar-20190.1033
 31-Dec-20180.1639
 28-Sep-20180.0791
 29-Jun-20180.0040
 29-Dec-20170.0124
 29-Sep-20170.1867
 30-Jun-20170.2204
 30-Mar-20170.2212
 30-Dec-20160.2358
 30-Sep-20160.2317
 30-Jun-20160.2305
 30-Mar-20160.2253
 31-Dec-20150.2378
 30-Sep-20150.2355
 30-Jun-20150.2407
IDCW25-Mar-20220.6140

 25-Mar-20210.6100
 22-Mar-20190.5186
 16-Mar-20180.5200
 24-Mar-20170.6067

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.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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