IDFC Dynamic Bond Fund Satellite Bucket

An open ended dynamic debt scheme investing across duration

29th May 2020

IDFC Dynamic Bond Fund Satellite Bucket

An open ended dynamic debt scheme investing across duration

29th May 2020

About the Fund: The fund is positioned in the Dynamic Bond 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 : ₹ 2,113.77 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Monthly end AUM : ₹ 2,176.89 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Inception Date: 25 June 2002
Fund Manager :

An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Mr. Suyash Choudhary (Since 15th October 2010)
Other Parameter:
Standard Deviation (Annualized)

Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

3.44%
Modified Duration

Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

5.86 years
Average Maturity 6.68 years
Yield to Maturity

The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity.

5.86%
Expense Ratio
Regular1.78%
Direct1.01%
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 - Periodic, Quarterly, Half Yearly, Annual and Regular frequency (each with Reinvestment, Payout and Sweep facility)
Exit Load :

Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.

Nil (w.e.f. 17th October 2016)
NAV (₹)
Plan Option Freq NAV
Regular Plan Growth - 26.1772
Regular Plan Dividend - 10.7757
Regular Plan Dividend Quarterly11.7889
Regular Plan Dividend Annual 11.3936
Regular Plan Dividend Half Yearly 10.9439
Regular Plan Dividend Periodic 11.1832


NameRating% of NAV
Government Bond 98.68%
7.27% - 2026 G-Sec SOV 37.82%
6.97% - 2026 G-Sec SOV 24.92%
6.79% - 2027 G-Sec SOV 20.05%
6.45% - 2029 G-Sec SOV 12.70%
8.15% - 2026 G-Sec SOV 1.90%
6.68% - 2031 G-Sec SOV 1.29%
8.20% - 2025 G-Sec SOV 0.01%
7.17% - 2028 G-Sec SOV 0.005%
Net Cash and Cash Equivalent 1.32%
Grand Total 100.00%






Performance based on NAV as on 29/05/2020 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.


  • 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