IIFL Dynamic Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by IIFL Mutual Fund. This scheme was introduced to investors on 24 Jun 2013. Ankur Parekh is the Current Fund Manager of IIFL Dynamic Bond Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹298 Cr and the Latest NAV as of 15 Nov 2019 is ₹16.00.
The IIFL Dynamic Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Exit load of 1% if redeemed within 18 months.
The investment objective of the scheme is to generate income and long term gains by investing in a range of debt and money market instruments of various maturities. The scheme will seek to flexibly manage its investment across the maturity spectrum with a view to optimize the risk return proposition for the investors.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 18 months