Fund Details
IIFL Dynamic Bond Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.57% |
| NAV | ₹17.48 (22 Jan 2021) |
|---|---|
| Fund Started | 24 Jun 2013 |
| Fund Size | ₹707 Cr |
Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.57%
3. 3Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | CGL | 8.1% |
| GOI | Sovereign | GOI Sec | 7.4% |
| Power Finance Corpn. Ltd. | Financial | Debenture | 7.0% |
| GOI | Sovereign | GOI Sec | 6.9% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 6.5% |
| State Bank of India | Financial | NCD | 6.3% |
| Embassy Office Parks REIT | Construction | NCD | 5.1% |
| REC Ltd. | Financial | NCD | 4.6% |
| ICICI Bank Ltd. | Financial | Debenture | 4.5% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 4.4% |
Fund Managers
IIFL Dynamic Bond Fund Direct Growth Details
IIFL Dynamic Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by IIFL Mutual Fund. This scheme was made available to investors on 24 Jun 2013. Ankur Parekh is the Current Fund Manager of IIFL Dynamic Bond Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹707 Cr and the Latest NAV as of 22 Jan 2021 is ₹17.48.
The IIFL Dynamic Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 10000.
Investment Objective
The scheme seeks to generate income and long term gains by investing in a range of debt & money market instruments of various maturities.
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.
