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Edelweiss Dynamic Bond Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.25 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.

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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 0.15 0.02 0.02 1.39 1.38 1.72 12.48 6.84 7.17 7.51 7.36
VR Bond 0.17 0.05 0.01 0.96 1.26 1.29 7.79 6.09 7.00 7.41 7.23
Debt: Dynamic Bond -0.01 0.01 -0.13 0.83 1.11 1.81 7.39 5.07 6.75 7.62 7.91
Rank within category 19 23 23 6 15 19 2 -- -- -- --
Number of funds in category 29 29 29 29 29 29 29 24 23 22 14

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 9.74 (18-Nov-2008 - 18-Dec-2008) -8.72 (02-Jan-2009 - 03-Feb-2009)
Quarter 12.84 (03-Oct-2008 - 02-Jan-2009) -10.22 (30-Dec-2008 - 31-Mar-2009)
Year 16.76 (16-Jul-2018 - 16-Jul-2019) -9.71 (02-Jan-2009 - 04-Jan-2010)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.92 3.33 0.36 0.92 1.35 0.67
VR Bond 6.11 2.14 0.33 -- -- --
Debt: Dynamic Bond 5.41 3.18 0.11 0.27 1.11 -0.74
Rank within category 6 17 8 6 20 7
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 31-Dec-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 12 18 9 21
Modified Duration (yrs) 3.24 5.95 3.24 3.38
Average Maturity (yrs) 4.60 9.10 4.60 4.57
Yield to Maturity (%) 6.60 8.80 6.60 7.13

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.27% GOI 2026 GOI Securities SOV 0.00 - 16.65 16.65
down 6.45% GOI 2029 GOI Securities SOV 0.00 - 24.83 9.15
equal 7.57% GOI 17/06/2033 GOI Securities SOV 0.00 - 26.01 4.84
equal 8.12% Nabha Power 28/04/2021 Debenture AAA 0.55 - 4.66 4.66
equal 8.60% Axis Bank 28/12/2028 Non Convertible Debenture AAA 0.00 - 5.75 4.62
equal 10.25% SD Corporation 17/04/2021 Debenture A+ 0.00 - 4.42 4.42
equal 8.12% NHPC 22/03/2029 Debenture AAA 0.00 - 3.89 3.89
equal 8.85% REC 16/04/2029 Non Convertible Debenture AAA 0.00 - 3.65 3.65
equal 8.70% LIC Housing Fin. 23/03/2029 Debenture AAA 0.00 - 3.61 3.61
equal 8.55% HDFC 27/03/2029 Debenture AAA 0.00 - 2.42 2.42
new 7.64% Food Corporation of India 2029 Debenture AAA 0.00 - 1.16 1.16
equal Shriram City Union Finance 2022 Zero Coupon Bonds AA+ 0.00 - 0.49 0.49

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-Dec-2019

Fund Manager

— Dhawal Dalal since 26-Nov-2016

Education: Mr. Dalal is a B.E and MBA.

Experience: Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.

Funds Managed:

— Gautam Kaul since 11-Dec-2017

Education: Mr. Kaul is a B.Com (H) and MBA (Finance).

Experience: Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..

Funds Managed:


0.04%

Change from previous, NAV as on 20-Jan-2020

Growth: ₹ 21.2954

Dividend Yearly: ₹ 21.1170

Dividend: ₹ 20.0298


Investment Strategy

The scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 27-Jun-2008
Return Since Launch: 6.75%
Benchmark: NIFTY Composite Debt TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 43 Cr (As on 31-Dec-2019)
Expense: 1.04% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend22-Jan-20090.3723

 07-Oct-20080.1752

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098

Phone: 40933400 / 1800-425-0090

Email: [email protected]

Website: www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

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