VR Logo

Unrated

Indiabulls Dynamic Bond Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.11 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.26 Lakh

Analyst's Choice?

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.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 1.61 0.10 0.12 1.04 1.98 4.03 10.64 -- -- -- --
VR Bond 1.75 0.07 0.37 1.53 2.32 3.35 8.96 -- -- -- --
Debt: Dynamic Bond 2.18 0.21 0.15 1.82 2.49 4.03 9.98 -- -- -- --
Rank within category 25 25 19 27 24 18 17 -- -- -- --
Number of funds in category 29 30 30 29 29 29 29 24 23 22 0

As on 24-Feb-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.57 (26-Mar-2019 - 02-Apr-2019) -0.47 (07-Aug-2019 - 14-Aug-2019)
Month 2.07 (01-Mar-2019 - 02-Apr-2019) -0.34 (03-Apr-2019 - 03-May-2019)
Quarter 4.27 (20-Mar-2019 - 20-Jun-2019) 1.17 (03-Oct-2019 - 02-Jan-2020)
Year 10.68 (15-Feb-2019 - 17-Feb-2020) 10.08 (21-Jan-2019 - 21-Jan-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 6.03 2.13 0.17 0.31 -- --
Debt: Dynamic Bond* 5.86 3.22 0.31 0.59 1.11 -0.21
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Jan-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 5 13 3 20
Modified Duration (yrs) 1.80 3.33 0.22 3.64
Average Maturity (yrs) 2.08 4.72 0.24 5.13
Yield to Maturity (%) 5.72 7.46 5.34 7.02

Value Research Fund Style

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 33.20 27.19
equal 6.84% GOI 19/12/2022 GOI Securities SOV 0.00 - 43.28 26.83
new Reserve Bank of India 63-D 17/03/2020 Treasury Bills SOV 0.00 - 26.14 26.14
new 7.50% Power Finance Corp. 16/08/2021 Debenture AAA 0.00 - 8.38 8.38
equal IDFC First Bank 25/06/2020 Certificate of Deposit A1+ 0.00 - 11.83 7.34

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-Jan-2020

Fund Manager

— Vikrant Mehta since 20-Jun-2019

Education: Mr. Mehta is CFA and M.S.

Experience: Prior to joining Indiabulls AMC he has worked with Kotak Mahindra Mutual Fund, AIG India Liaison Office, NVS Brokerage Pvt. Ltd., JM Morgan Stanley Fixed Income Securities Pvt. Ltd. and Mata Securities India Pvt. Ltd.

Funds Managed:


0.10%

Change from previous, NAV as on 24-Feb-2020

Growth: ₹ 1,125.0436

Dividend Weekly: ₹ 1,006.0195

More

Dividend Monthly: ₹ 1,013.6771

Dividend Fortnightly: ₹ 1,009.9076

Dividend Daily: ₹ 1,006.9556


Investment Strategy

The scheme seeks to generate reasonable returns commensurate with the risk taken by active duration management of the portfolio. The Scheme would be investing in debt instruments including but not limited to bonds, debentures, government securities and money market instruments over various maturity periods.

Investment Details

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

Basic Details

Fund House: Indiabulls Mutual Fund
Launch Date: 06-Dec-2018
Return Since Launch: 10.15%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 27 Cr (As on 31-Jan-2020)
Expense: 0.24% (As on 31-Jan-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily20-Feb-20200.0128

 18-Feb-20200.1276
 17-Feb-20200.3162
 14-Feb-20200.4692
 13-Feb-20200.4045
 12-Feb-20200.1515
 11-Feb-20200.0748
 10-Feb-20200.3769
 07-Feb-20200.5088
 06-Feb-20201.7940
 05-Feb-20200.0377
 04-Feb-20200.2305
 03-Feb-20201.3751
 30-Jan-20200.1631
 29-Jan-20200.1243
 28-Jan-20200.0714
 27-Jan-20200.3965
 24-Jan-20200.3019
 23-Jan-20200.2474
 22-Jan-20200.3416
 21-Jan-20200.0303
 20-Jan-20200.2747
 17-Jan-20200.0499
 16-Jan-20200.1619
 15-Jan-20200.0903
Dividend Weekly17-Feb-20201.2928

 10-Feb-20203.1471
 03-Feb-20201.7694
 27-Jan-20201.4899
 20-Jan-20200.7003
 13-Jan-20201.2783
 06-Jan-20201.0829
 30-Dec-20190.4887
 23-Dec-20190.7697
 16-Dec-20190.1805
 02-Dec-20190.6716
 25-Nov-20190.8097
 18-Nov-20191.0454
 04-Nov-20191.4999
 29-Oct-20191.2066
 22-Oct-20191.1864
 14-Oct-20190.4483
 07-Oct-20192.1829
 30-Sep-20193.2795
 09-Sep-20190.6559
 03-Sep-20190.8157
 26-Aug-20193.0981
 13-Aug-20190.5929
 05-Aug-20191.3139
 29-Jul-20190.5379
Dividend Fortnightly10-Feb-20204.9166

 27-Jan-20202.1922
 10-Jan-20202.6724
 26-Dec-20191.3963
 10-Dec-20190.3648
 25-Nov-20191.9490
 11-Nov-20191.5030
 25-Oct-20193.3463
 10-Oct-20193.0180
 25-Sep-20193.6641
 26-Aug-20194.9132
 13-Aug-20191.6441
 25-Jul-20190.6797
 10-Jul-20197.9437
 25-Jun-20194.3159
 27-May-20194.1921
 12-May-20193.3029
 10-Apr-20198.7450
 25-Mar-20191.9923
 11-Mar-20192.2820
 25-Feb-20191.6937
 11-Feb-20192.0947
 25-Jan-20192.3931
 10-Jan-20191.9064
 26-Dec-20182.2512
Dividend Monthly27-Jan-20204.8429

 26-Dec-20191.8102
 25-Nov-20193.3425
 25-Oct-20196.3748
 25-Sep-20193.6509
 26-Aug-20194.9598
 25-Jul-20198.5824
 25-Jun-201910.6161
 27-May-20198.2017
 25-Apr-20198.0898
 25-Mar-20194.1902
 25-Feb-20194.0437
 25-Jan-20194.1669
 26-Dec-20183.2694

Contact Information

AMC: Indiabulls Asset Management Company Ltd.

Address: Indiabulls Finance Centre - 11th Floor, Elphinstone Mills, Senapati Bapat Marg, Elphinstone (W), Mumbai - 400013

Phone: 022-61891300 / 1800-2666-002

Email: [email protected]

Website: www.indiabullsamc.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

Upcoming Video

Investors' Hangout

Time to bet big on mid- and small-cap funds?

dateFriday, 28-Feb-2020
time12:30 PM - 01:00 PM