IIFL Dynamic Bond Fund Direct Dividend Monthly 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 Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹319 Cr and the Latest NAV as of 18 Oct 2019 is ₹12.13.
The IIFL Dynamic Bond Fund Direct Dividend Monthly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Exit load of 1% if redeemed within 18 months.
Investment Objective
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.
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.
Scheme Information Document(SID)
₹10000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 18 months
Exit Load