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3 star

Quant Dynamic Bond Fund


Debt: Dynamic Bond

1 Lakh

Investment Grown to
₹ 1.06 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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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(₹)
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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 3.27 0.02 0.12 0.47 1.57 3.12 5.99 4.11 5.86 6.82 7.78
VR Bond 5.50 0.13 0.38 0.85 3.33 5.33 7.35 7.06 7.54 7.60 7.61
Debt: Dynamic Bond 7.05 0.18 0.86 1.89 5.46 6.94 9.62 6.65 8.01 8.01 8.49
Rank within category 28 26 29 29 29 28 26 -- -- -- --
Number of funds in category 28 29 29 29 29 28 28 24 23 22 15

As on 10-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Quant Dynamic Bond Fund  | Invest Online
3 star
Jun-98 5.99 4.11 5.86 0.21 20
ICICI Prudential All Seasons Bond Fund  | Invest Now
4 star
May-09 12.23 8.22 9.88 1.34 3,108
IDFC Dynamic Bond Fund - Regular Plan
4 star
Dec-08 13.56 9.00 9.63 1.77 2,311
SBI Dynamic Bond Fund
5 star
Feb-04 12.14 8.56 9.74 1.66 1,724
Kotak Dynamic Bond Fund - Regular Plan  | Invest Online
5 star
May-08 11.48 9.45 10.04 1.08 1,322

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.31 (15-Apr-2009 - 22-Apr-2009) -2.15 (05-Jan-2009 - 12-Jan-2009)
Month 5.53 (05-Dec-2008 - 05-Jan-2009) -2.58 (05-Jan-2009 - 04-Feb-2009)
Quarter 8.17 (06-Oct-2008 - 05-Jan-2009) -2.54 (23-Nov-2017 - 22-Feb-2018)
Year 15.68 (22-Apr-2008 - 22-Apr-2009) -2.59 (07-Jun-2017 - 07-Jun-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.18 2.34 -0.48 -0.66 0.85 -2.33
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 22 4 24 25 6 21
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 6 11 4 17
Modified Duration (yrs) 0.38 0.44 0.36 --
Average Maturity (yrs) 0.40 0.47 0.38 --
Yield to Maturity (%) 5.38 6.52 5.14 --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Tata Capital Financial Services 91-D 22/07/2020 Commercial Paper A1+ 0.00 - 8.69 8.69
new Pilani Investment & Inds. Corp. 91-D 04/09/2020 Commercial Paper A1+ 0.00 - 8.61 8.61
new Piramal Enterprises 60-D 17/08/2020 Commercial Paper A1+ 0.00 - 7.38 7.38
equal 7.16% GOI 20/05/2023 Central Government Loan SOV 4.72 - 5.45 5.45
up 8.23% GOI 2027 Central Government Loan SOV 2.39 - 3.62 3.62
up 9.95% State Bank of India 16/03/2026 Bonds A1+ 0.00 - 0.64 0.64

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

— Ankit A Pande since 11-May-2020

Education: Mr. Pande has done CFA and MBA

Experience: Prior to joining Quant Mutual Fund he has worked with Infosys Finacle. Began his career in equity research in 2011.

Funds Managed:

— Sanjeev Sharma since 03-Oct-2019

Education: Mr. Sharma is a Commerce Graduate and PGDBA (Finance) from Symbiosis, Pune.

Funds Managed:


0.03%

Change from previous, NAV as on 13-Jul-2020

Growth: ₹ 63.3447

Dividend Monthly: ₹ 12.0573

Bonus: ₹ 33.3156


Investment Strategy

The scheme primarily seeks to generate current income and capital appreciation by predominantly investing in a well-diversified portfolio of debt and money market securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 100
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Quant Mutual Fund
Launch Date: 01-Jun-1998
Return Since Launch: 8.70%
Benchmark: I-SEC Mi-BEX
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 20 Cr (As on 30-Jun-2020)
Expense: 0.21% (As on 30-Jun-2020)
Risk Grade: Below Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly25-Jan-20180.0578

 27-Dec-20170.0578
 05-Dec-20170.0578
 01-Nov-20170.0578
 29-Sep-20170.0578
 29-Aug-20170.0614
 01-Aug-20170.0614
 28-Jun-20170.0614
 29-May-20170.0614
 30-Mar-20170.0650
 01-Mar-20170.0794
 30-Jan-20170.0664
 01-Jan-20170.0664
 05-Dec-20160.0664
 01-Nov-20160.0664
 27-Sep-20160.0664
 30-Aug-20160.0664
 22-Jul-20160.0664
 21-Jun-20160.0664
 27-May-20160.0664
 05-May-20160.0664
 28-Mar-20160.0664
 29-Feb-20160.0664
 02-Feb-20160.0664
 28-Dec-20150.0664

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

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Value Investing

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dateFriday, 17-Jul-2020
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