| Risk | Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.69% |
| NAV | ₹12.34 (03 Jul 2020) |
|---|---|
| Fund Started | 24 Jun 2013 |
| Fund Size | ₹170 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Vedanta Ltd. | Metals | Debenture | 14.3% |
| Embassy Office Parks REIT | Construction | NCD | 6.4% |
| ICICI Bank Ltd. | Financial | CD | 5.9% |
| Piramal Enterprises Ltd. | Healthcare | Bonds | 5.9% |
| India Grid Trust | Engineering | NCD | 3.0% |
| Axis Bank Ltd. | Financial | Bonds/Deb | 2.9% |
| SP Jammu Udhampur Highway Pvt. Ltd | Services | Debenture | 1.0% |
| IDFC First Bank Ltd. | Financial | Debenture | 0.1% |
IIFL Dynamic Bond Fund Direct Dividend Monthly 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 Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹170 Cr and the Latest NAV as of 03 Jul 2020 is ₹12.34.
The IIFL Dynamic Bond Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is set to 1000. 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.