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Unrated

Mahindra Manulife Dynamic Bond Yojana - Direct Plan


Debt: Dynamic Bond

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 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 3.64 -0.01 0.03 0.49 0.59 1.93 4.03 6.63 -- -- --
VR Bond 2.68 0.03 -0.02 0.59 1.27 2.12 2.98 6.35 -- -- --
Debt: Dynamic Bond 4.17 -0.02 0.05 0.56 1.26 3.03 4.82 8.14 -- -- --
Rank within category -- 12 15 17 26 25 -- -- -- -- --
Number of funds in category 26 28 28 28 28 27 26 24 22 21 0

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mahindra Manulife Dynamic Bond Yojana - Direct Plan
Unrated
Aug-18 4.03 6.63 -- 0.51% 103
ICICI Prudential All Seasons Bond Fund - Direct Plan  | Invest Now
5 star
Jan-13 5.58 9.96 7.88 0.61% 6,544
IDFC Dynamic Bond Fund - Direct Plan
4 star
Jan-13 3.41 9.92 7.43 0.72% 4,064
Kotak Dynamic Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.66 9.98 8.09 0.52% 2,946
Axis Dynamic Bond Fund - Direct Plan
4 star
Jan-13 4.82 10.11 7.61 0.25% 2,204

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.08 24-Mar-2020 - 31-Mar-2020 -1.34 12-Mar-2020 - 19-Mar-2020
Month 2.39 24-Mar-2020 - 23-Apr-2020 -1.73 25-Feb-2020 - 26-Mar-2020
Quarter 3.21 23-Mar-2020 - 22-Jun-2020 0.30 26-Dec-2019 - 26-Mar-2020
Year 9.57 06-Nov-2018 - 08-Nov-2019 3.90 25-Nov-2020 - 25-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.47 1.37 1.96 3.09 0.40 1.73
VR Bond 6.20 2.04 1.18 1.59 -- --
Debt: Dynamic Bond 7.88 3.58 1.36 2.13 1.07 1.52
Rank within category 21 1 3 4 3 13
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 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 14 17 12 23
Modified Duration (yrs) 3.88 4.86 1.29 --
Average Maturity (yrs) 5.74 5.74 1.66 --
Yield to Maturity (%) 5.42 5.86 4.91 --
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
equal 6.10% GOI 2031 GOI Securities SOV 0.00 - 14.33 14.33
equal 8.21% Maharashtra State 2025 State Development Loan SOV 0.00 - 10.61 10.61
equal 6.10% SJVN 29/09/2026 Debenture AA+ 0.00 - 9.74 9.74
equal 8.27% REC 2025 Bonds AAA 3.86 - 5.23 5.23
equal 6.43% HDFC 29/09/2025 Debenture AAA 3.62 - 4.96 4.96
equal 6.85% National Bank Agr. Rur. Devp 21/03/2031 Debenture AAA 0.00 - 4.91 4.91
equal 6.95% Gujarat State 14/07/2031 State Development Loan SOV 0.00 - 4.89 4.89
new 4.45% GOI 30/10/2034 GOI Securities SOV 0.00 - 4.87 4.87
equal 5.85% Tata Capital Financial Services 2024 Debenture AAA 0.00 - 4.86 4.86
equal 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 4.85 4.85
down 5.63% GOI 2026 GOI Securities SOV 0.00 - 17.19 4.85
equal Reserve Bank of India 182-D 16/12/2021 Treasury Bills SOV 0.00 - 2.43 2.43
down 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 14.13 2.39
equal 8.55% Power Finance Corporation 2021 Bonds AAA 1.41 - 1.86 1.86

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

— Rahul Pal since 27-Jul-2018

Education: Mr. Pal is a B.Com (H) and Chartered Accountant.

Experience: Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.

Funds Managed:


-0.01%

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 12.3092

IDCW Quarterly: ₹ 10.6778

IDCW: ₹ 11.6491


Investment Strategy

The scheme seeks to generate regular returns and capital appreciation through an active management of a portfolio constituted of money market and debt instruments across duration.

Investment Details

Minimum Investment (₹) 1,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Mahindra Manulife Mutual Fund
Launch Date: 20-Aug-2018
Return Since Launch: 6.52%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 103 Cr (As on 31-Oct-2021)
Expense: 0.51% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly17-Sep-20210.1000

 18-Jun-20210.1200
 19-Mar-20210.1500
 18-Dec-20200.1500
 18-Sep-20200.1500
 19-Jun-20200.1500
 20-Mar-20200.2161
 20-Dec-20190.1441
 20-Sep-20190.1441
IDCW20-Mar-20200.4322

Contact Information

AMC: Mahindra Manulife Investment Management Private Limited

Address: 1st Floor - Sadhana House, Behind Mahindra Towers, 570 - P.B. Marg, Worli, Mumbai - 400018

Phone: 022-66327900

Email: [email protected]

Website: http://www.mahindramanulife.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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