IDFC Dynamic Bond Fund

An open ended dynamic debt scheme investing across duration
28th February 2019

IDFC Dynamic Bond Fund

An open ended dynamic debt scheme investing across duration
28th February 2019


     FUND FEATURES

About the Fund: The fund is positioned in the income fund category to take exposure across the curve depending upon the fund manager’s underlying interest rate view where we employ the majority of the portfolio. It is a wide structure and conceptually can go anywhere on the curve. The fund plays the trade of the season which we think will sustain for a longer period of time.
Category: Dynamic Bond
Monthly Avg AUM: ₹ 1,957.28 Crores
Monthly end AUM: ₹ 1,943.09 Crores
Inception Date: 25 June 2002
Fund Manager:
Mr. Suyash Choudhary (Since 15th October 2010)
Other Parameter:
Standard Deviation (Annualized) 3.06%
Modified Duration 5.26 years
Average Maturity 7.75 years
Yield to Maturity8.37%
Expense Ratio
Regular1.50%
Direct0.89%
Benchmark: CRISIL Composite Bond Fund Index
SIP (Minimum Amount): ₹ 1,000/-
SIP Frequency: Monthly
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of installment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 5,000/- and any amount thereafter
Option Available: Growth, Dividend - Quarterly (March, June, September & December), Half Yearly, Annual, Regular & Periodic
Exit Load: Nil (w.e.f. 17th October 2016)
NAV (₹)
Plan Option Freq NAV
Regular Plan Growth - 21.7453
Regular Plan Dividend - 11.1540
Regular Plan Dividend Quarterly 10.8038
Regular Plan Dividend Annual 11.3990
Regular Plan Dividend Half Yearly 10.8279
Regular Plan Dividend Periodic 14.1722

     PORTFOLIO

Name Rating% of NAV
Corporate Bond 61.93%
NABARD AAA 11.92%
Reliance Industries AAA 11.80%
NTPC AAA 11.43%
National Highways Auth of Ind AAA 10.93%
Indian Railway Finance Corporation AAA 8.71%
REC AAA 5.72%
Power Grid Corporation of India AAA 1.42%
State Government Bond 31.31%
8.28% Gujarat SDL - 2029 SOV 8.55%
8.08% Tamilnadu SDL - 2028 SOV 6.21%
8.25% Andhra Pradesh SDL- 2023 SOV 4.96%
8.24% Gujrat SDL - 2023 SOV 3.40%
8.32% Karnataka SDL- 2029 SOV 2.29%
8.3% Gujarat SDL - 2029 SOV 1.79%
8.08% Maharashtra SDL - 2028 SOV 1.52%
8.3% Karnataka SDL - 2029 SOV 1.28%
8.10% Tamil Nadu SDL - 2023 SOV 0.78%
7.95% Tamil Nadu SDL - 2023 SOV 0.52%
Government Bond 0.43%
7.35% - 2024 G-Sec SOV 0.41%
7.17% - 2028 G-Sec SOV 0.01%
8.20% - 2025 G-Sec SOV 0.01%
Net Cash and Cash Equivalent 6.34%
Grand Total 100.00%

     Maturity Bucket

     Asset Quality

     Asset Allocation

     PERFORMANCE TABLE


Performance based on NAV as on 28/02/2019 Past performance may or may not be sustained in future.
The performances given are of regular plan growth option.
Click here for other funds managed by the fund manager and refer to the respective fund pages
#Benchmark Returns. ##Alternate Benchmark Returns.
*Inception Date of Regular Plan - Growth Dec 03, 2008.


     RISKOMETER

  • To generate long term optimal returns by active management.
  • Investments in money market & debt instruments including G-Sec across duration.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.



Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Standard Deviation calculated on the basis of 1 year history of monthly data
Gsec/SDL yields have been annualized wherever applicable