Fund Details
IDBI Dynamic Bond Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.82% |
| NAV | ₹18.40 (20 Jan 2021) |
|---|---|
| Fund Started | 03 Jan 2013 |
| Fund Size | ₹20 Cr |
Returns
Comparison
1. Lower expense ratio - 0.76%
2. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 18.8% |
| Punjab National Bank | Financial | Bonds | 14.9% |
| Bank Of Baroda | Financial | Debenture | 9.3% |
| Chennai Petroleum Corpn. Ltd. | Energy | NCD | 8.9% |
| Vedanta Ltd. | Metals | Debenture | 8.8% |
| National Thermal Power Corp. Ltd. | Energy | Debenture | 8.5% |
| REC Ltd. | Financial | NCD | 8.5% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 8.3% |
| Hindalco Industries Ltd. | Metals | Bonds/NCD | 8.0% |
| Axis Bank Ltd. | Financial | Bonds | 1.5% |
Fund Managers
IDBI Dynamic Bond Fund Direct Growth Details
IDBI Dynamic Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 03 Jan 2013. Raju Sharma is the Current Fund Manager of IDBI Dynamic Bond Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹20 Cr and the Latest NAV as of 20 Jan 2021 is ₹18.40.
The IDBI Dynamic Bond Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
The Scheme seeks to generate income while maintaining liquidity through active management of a portfolio comprising of debt and money market instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
