1 LakhInvestment declined to
₹ 10000Monthly SIP Grown to
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:
|Debt: Dynamic Bond||9.15||-0.06||0.15||0.59||2.78||3.93||9.34||7.30||7.89||8.51||8.65|
As on 27-Nov-2020
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Franklin India Dynamic Accrual Fund | Invest Online Now||Mar-97||-3.09||3.80||6.04||0.86||2,475|
|ICICI Prudential All Seasons Bond Fund | Invest Now||May-09||12.19||9.15||9.87||1.52||4,773|
|IDFC Dynamic Bond Fund - Regular Plan||Dec-08||12.62||9.58||9.35||1.70||2,810|
|SBI Dynamic Bond Fund||Feb-04||10.75||9.03||9.43||1.64||2,298|
|Kotak Dynamic Bond Fund - Regular Plan | Invest Online||May-08||11.28||9.78||9.90||1.15||1,908|
|Best (Period)||Worst (Period)|
|Week||5.57 (19-Aug-2013 - 26-Aug-2013)||-5.01 (12-Aug-2013 - 19-Aug-2013)|
|Month||6.51 (28-Nov-2008 - 30-Dec-2008)||-6.30 (19-Jul-2013 - 19-Aug-2013)|
|Quarter||7.76 (16-Oct-2008 - 15-Jan-2009)||-8.15 (20-May-2013 - 19-Aug-2013)|
|Year||18.73 (04-Dec-2000 - 04-Dec-2001)||-5.47 (18-Sep-2019 - 17-Sep-2020)|
|Debt: Dynamic Bond||6.80||3.26||0.65||1.26||1.15||-0.22|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Oct-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||47||87||47||22|
|Modified Duration (yrs)||1.46||1.88||1.46||4.50|
|Average Maturity (yrs)||2.15||2.72||2.15||6.12|
|Yield to Maturity (%)||10.64||25.18||10.64||5.80|
|Avg Credit Rating||AA||--||--||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|10.25% Shriram Transport Finance 26/04/2024||Debenture||AA+||6.47 - 10.42||10.42|
|10.15% Uttar Pradesh Power Corporation 20/01/2023||Debenture||A+||2.79 - 4.53||4.45|
|12.50% JM Fin Asset Reconstruction co 2022||Debenture||AA-||2.48 - 4.13||4.05|
|Edelweiss Rural & Corporate Services 29/11/2021||Debenture||AA-||2.51 - 4.12||4.01|
|10.32% Andhra Pradesh Capital Region Development Authority 16/08/2027||Debenture||A+||2.34 - 3.90||3.86|
|11.50% SD Corporation 2022||Debenture||A+||0.00 - 3.63||3.63|
|11.25% India Shelter Finance Corporation 2026||Debenture||A||2.49 - 4.09||3.44|
|8.25% Piramal Capital & Housing Finance 2027||Bonds/Debentures||AA||1.22 - 3.43||3.43|
|8.90% Vedanta 2021||Non Convertible Debenture||AA-||0.00 - 3.13||3.13|
|9.50% Piramal Capital & Housing Finance 15/04/2022||Debenture||AA||1.79 - 3.03||2.98|
|7.40% Tata Motors 29/06/2021||Bonds||AA-||1.50 - 2.50||2.47|
|12.64% Five-Star Business Finance 28/05/2022||Debenture||A||1.41 - 2.33||2.28|
|9.00% Vastu Housing Finance Corp. 27/02/2025||Debenture||A+||0.00 - 2.30||2.25|
|12.30% Sterlite Power Grid Ventures 28/03/2022||Debenture||A||0.00 - 2.72||2.19|
|Sadbhav Infrastructure Project 2023||Debenture||BBB+||0.00 - 1.97||1.97|
|9.40% Hinduja Leyland Finance 28/08/2024||Debenture||AA-||1.03 - 1.73||1.68|
|9.95% Molagavalli Renewable 31/03/2023||Debenture||A+||1.03 - 1.65||1.61|
|9.60% Renew Wind Energy Delhi 31/03/2023||Debenture||A+||1.01 - 1.61||1.56|
|10.20% Star Health & Allied Insurance 31/10/2024||Debenture||A+||0.94 - 1.59||1.56|
|Renew Power 31/07/2025||Debenture||A+||0.96 - 1.55||1.53|
|8.70% Edelweiss Rural & Corporate Services 30/06/2027||Debenture||A+||0.00 - 1.81||1.52|
|9.50% Piramal Capital & Housing Finance 21/04/2022||Debenture||AA||0.91 - 1.53||1.51|
|Tata Power 21/08/2072||Debenture||AA-||0.10 - 1.27||1.25|
|Renew Wind Energy Delhi 30/09/2030||Structured Obligation||A+||0.78 - 1.27||1.22|
|9.75% Uttar Pradesh Power Corporation 20/10/2022||Debenture||A+||0.75 - 1.22||1.20|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Oct-2020
Education: Mr. Desai is a B.E and PGDM from IIM Bangalore.
Experience: Prior to joining Sundaram Mutual Fund he has worked with ICICI Bank, Infosys Technologies and Thermax.
Education: Mr. Kamath is a B.E ( Electronics ) from REC Bhopal and PGDM (Management) from XLRI Jamshedpur.
Experience: Prior to joining Franklin Templeton Investments he has worked with ING Vysya AMC, Zurich Asset Management, SBI Mutual, CRISIL and Jardine Fleming Asset Management.
Education: Mr. Sharma is a B.Com (H), CS and CA.
Experience: Prior to joining Franklin Templeton Mutual Fund he has worked with ICICI Bank Ltd., UTI Mutual Fund, Invesco Mutual Fund and JM Financials.
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The scheme aims to generate a steady stream of income and to generate capital appreciation through investment focus on high credit quality and highly liquid money market instruments.
|Minimum Investment (₹)||10,000|
|Minimum Addl Investment (₹)||1,000|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||1,000|
|Minimum Balance (₹)||2,000|
|Exit Load||For units in excess of 10% of the investment,3% will be charged for redemption within 365 days
For units in excess of 10% of the investment,2% will be charged for redemption between 366 - 730 days
For units in excess of 10% of the investment,1% will be charged for redemption between 731 - 1095 days
For units in excess of 10% of the investment,0.5% will be charged for redemption between 1096 - 1460 days
|Fund House:||Franklin Templeton Mutual Fund|
|Return Since Launch:||8.35%|
|Benchmark:||CRISIL Composite Bond TRI|
|Assets:||₹ 2,475 Cr (As on 31-Oct-2020)|
|Expense:||0.86% (As on 30-Sep-2020)|
|Plan||Record Date||Dividend (₹ / Unit)|
Fundwire - 23-Apr-2020
AMC: Franklin Templeton Asset Management India Private Ltd
Address: Indiabulls Finance Center, Tower 2, 12th and 13th Floor, Senapati Bapat Marg, Elphinstone Road (West) Mumbai - 400013
Phone: 1800-425-4255 / 60004255
Email: [email protected]
Registrar & Transfer Agent: Franklin Templeton Asset Management (India) Pvt. Ltd.
Address: Unit 301, III Floor, Campus 4B, RMZ Millenia Business Park, 143 Dr. MGR Road, Kandanchavadi Chennai - 600096