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Kotak Dynamic Bond Fund - Regular Plan download report


Debt: Dynamic Bond

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.21 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
Kotak Dynamic Bond Reg-G 1.02 0.34 0.54 1.34 1.96 0.61 2.89 6.11 6.86 7.98 8.29
VR Bond 1.28 0.49 0.61 1.26 1.81 0.96 3.11 4.20 5.22 6.03 6.73
Debt: Dynamic Bond 1.44 0.31 0.43 1.08 1.94 1.26 3.22 5.50 5.49 6.72 7.47
Rank within category 15 8 6 7 13 16 11 8 1 2 2
Number of funds in category 27 27 27 27 27 27 27 24 22 21 19

As on 17-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Kotak Dynamic Bond Fund - Regular Plan  | Invest Online
4 star
May-08 2.89 6.11 6.86 1.21 2,043
ICICI Prudential All Seasons Bond Fund  | Invest Now
5 star
May-09 3.75 7.11 6.71 1.37 5,691
SBI Dynamic Bond Fund
4 star
Feb-04 2.62 5.43 6.01 1.64 2,300
IIFL Dynamic Bond Fund - Regular Plan
5 star
Jun-13 3.96 6.17 6.02 0.52 573
HDFC Dynamic Debt Fund  | Invest Online
4 star
Apr-97 0.96 6.34 4.51 1.74 476

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.72 24-Mar-2020 - 31-Mar-2020 -2.13 12-Mar-2020 - 19-Mar-2020
Month 3.79 24-Mar-2020 - 23-Apr-2020 -2.62 25-Nov-2016 - 27-Dec-2016
Quarter 7.40 09-Apr-2020 - 10-Jul-2020 -2.05 24-Nov-2016 - 23-Feb-2017
Year 16.42 24-Nov-2015 - 24-Nov-2016 0.94 17-Jun-2021 - 17-Jun-2022

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Kotak Dynamic Bond Reg-G 5.64 2.98 0.72 1.05 1.30 1.65
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 9 16 7 9 18 9
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 33 47 33 23
Modified Duration (yrs) 2.42 4.47 1.68 2.73
Average Maturity (yrs) 6.78 8.92 5.72 4.09
Yield to Maturity (%) 7.26 7.26 5.12 6.59
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 GOI 22/09/2033 GOI Securities Floating Rate Bond SOV 15.42 - 28.21 28.21
new 5.74% GOI 15/11/2026 GOI Securities SOV 0.00 - 16.14 16.14
equal 8.03% Gujarat State 16/04/2025 State Development Loan SOV 0.00 - 9.26 9.26
down 6.54% GOI 17/01/2032 GOI Securities SOV 0.00 - 14.21 5.33
equal 5.23% National Bank Agr. Rur. Devp 31/01/2025 Non Convertible Debenture AAA 0.00 - 4.69 4.69
equal 6.75% Sikka Ports and Terminals 22/04/2026 Debenture AAA 2.73 - 4.03 4.03
equal 7.40% Muthoot Finance 2024 Debenture AA+ 0.00 - 2.93 2.93
equal GOI 2031 GOI Securities SOV 1.14 - 2.52 2.52
equal 8.25% Maharashtra State 2025 State Development Loan SOV 0.00 - 2.52 2.52
equal First Business Receivable Trust 2025 Securitised Debt AAA 1.70 - 2.50 2.50
new 7.38% GOI 20/06/2027 GOI Securities SOV 0.00 - 2.48 2.48
equal 5.99% LIC Housing Fin. 2025 Debenture AAA 0.00 - 2.36 2.36
equal 6.40% Jamnagar Utilities and Power 29/09/2026 Non Convertible Debenture AAA 0.00 - 2.33 2.33
equal 8.50% Bank of Baroda Additional Tier 1 Bond AA+ 1.30 - 1.99 1.99
equal 7.95% Sikka Ports and Terminals 28/10/2026 Debenture AAA 0.84 - 1.23 1.23
equal 8.70% Bank of Baroda Additional Tier 1 Bond AA+ 0.66 - 1.01 1.01
equal 1.44% GOI 2023 GOI Securities SOV 0.61 - 1.01 1.01
equal 8.97% REC 28/03/2029 Non Convertible Debenture AAA 0.53 - 0.78 0.78
equal GOI 2028 GOI Securities SOV 0.00 - 0.30 0.30
equal 8.56% REC 29/11/2028 Debenture AAA 0.17 - 0.26 0.26
equal 9.25% Power Finance Corporation Additional Tier 2 Bond AAA 0.17 - 0.25 0.25
equal 7.40% LIC Housing Fin. 2024 Debenture AAA 0.13 - 0.20 0.20
equal 6.67% GOI 15/12/2035 GOI Securities SOV 0.00 - 9.20 0.19
equal 7.16% GOI 20/09/2050 GOI Securities SOV 0.12 - 0.18 0.18
equal 6.67% GOI 17/12/2050 GOI Securities SOV 0.11 - 5.68 0.16

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

— Deepak Agrawal since 26-May-2008

Education: Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.

Experience: He has been associated with Kotak AMC since 2000.

Funds Managed:


0.34%

Change from previous, NAV as on 17-Aug-2022

Growth: ₹ 30.4627

IDCW: ₹ 11.4767


Investment Strategy

The scheme aims to maximise returns through an active management of a portfolio of debt and money market securities.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 1,000
Min. No of Cheques 6
Min. Withdrawal (₹) 1,000
Min. Balance (₹) 1,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Kotak Mahindra Mutual Fund
Launch Date: 26-May-2008
Return Since Launch: 8.14%
Benchmark: NIFTY Composite Debt Index B-III
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 2,043 Cr (As on 31-Jul-2022)
Expense Ratio: 1.21% (As on 31-Jul-2022)
Risk Grade: Average
Return Grade: Above Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly13-Sep-20210.2809

 12-Aug-20210.0602
 14-Jun-20210.1787
 12-May-20210.0026
 12-Jan-20210.1109
 14-Dec-20200.1431
 12-Nov-20200.2061
 12-Oct-20200.2175
 13-Jul-20200.6177
 12-Jun-20200.3503
 12-May-20200.3445
 12-Feb-20200.3016
 13-Jan-20200.1628
 12-Dec-20190.0009
 13-Nov-20190.1245
 15-Oct-20190.0790
 14-Oct-20190.0790
 12-Sep-20190.0607
 13-Aug-20190.0233
 12-Jul-20190.3682
 12-Jun-20190.3772
 13-May-20190.0555
 12-Apr-20190.1333
 12-Mar-20190.1560
 12-Feb-20190.0950
IDCW21-Jun-20210.1356

 22-Dec-20200.3302
 21-Sep-20200.1959
 22-Jun-20200.5261
 20-Mar-20200.1803
 20-Dec-20190.1344
 20-Sep-20190.1564
 20-Jun-20190.2568
 20-Mar-20190.1512
 20-Dec-20180.2667
 21-Sep-20180.1138
 20-Jun-20180.0036
 20-Mar-20180.0311
 20-Dec-20170.0225
 20-Sep-20170.1372
 20-Jun-20170.2831
 20-Dec-20160.2896
 20-Sep-20160.9284
 21-Sep-20150.1835
 22-Jun-20150.4485
 20-Jun-20140.1343
 20-Mar-20140.6366
IDCW Daily06-Sep-20170.0011

 04-Sep-20170.0007
 01-Sep-20170.0116
 31-Aug-20170.0034
 30-Aug-20170.0010
 29-Aug-20170.0027
 28-Aug-20170.0023
 24-Aug-20170.0016
 23-Aug-20170.0014
 22-Aug-20170.0007
 21-Aug-20170.0017
 18-Aug-20170.0016
 09-Aug-20170.0007
 08-Aug-20170.0005
 07-Aug-20170.0017
 04-Aug-20170.0013
 03-Aug-20170.0213
 02-Aug-20170.0034
 24-Jul-20170.0110
 21-Jul-20170.0134
 19-Jul-20170.0089
 18-Jul-20170.0068
 17-Jul-20170.0075
 14-Jul-20170.0000
 13-Jul-20170.0062
IDCW Weekly05-Sep-20170.0202

 29-Aug-20170.0064
 22-Aug-20170.0046
 08-Aug-20170.0291
 25-Jul-20170.0422
 18-Jul-20170.0193
 11-Jul-20170.0129
 28-Jun-20170.0067
 20-Jun-20170.0080
 13-Jun-20170.0675
 05-Jun-20170.0223
 29-May-20170.0187
 22-May-20170.0158
 15-May-20170.0085
 05-Dec-20160.0230
 28-Nov-20160.0129
 21-Nov-20160.0970
 15-Nov-20160.1038
 24-Oct-20160.0052
 10-Oct-20160.0442
 03-Oct-20160.0188
 26-Sep-20160.0613
 19-Sep-20160.0085
 12-Sep-20160.0193
 06-Sep-20160.0196

Contact Information

AMC: Kotak Mahindra Asset Management Company Ltd

Address: The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai - 400051

Phone: 022-61152100 / 1800-22-2626

Fax: 022-66384455

Website: https://www.kotakmf.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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