IDFC Dynamic Bond Fund Satellite Bucket

An open ended dynamic debt scheme investing across duration. A Scheme with Relatively High Interest Rate Risk and Relatively Low Credit Risk.

31st January 2023

IDFC Dynamic Bond Fund Satellite Bucket

An open ended dynamic debt scheme investing across duration. A Scheme with Relatively High Interest Rate Risk and Relatively Low Credit Risk.

31st January 2023

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.
Category: Dynamic Bond
Monthly Avg AUM : ₹ 2,216.99 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 : ₹ 2,219.36 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.

2.98%
Modified Duration

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

3.86 years
Average Maturity 4.80 years
Macaulay Duration 4.00 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.

7.45%
Expense Ratio
Regular1.62%
Direct0.76%
Benchmark : NIFTY Composite Debt Index A-III (w.e.f. 1st April 2022)
SIP (Minimum Amount): ₹ 100/-
SIP Frequency: Monthly/Quarterly (w.e.f. 09-11-2022)
SIP Dates (Monthly/Quarterly)@@: 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 : ₹ 1,000/- and any amount thereafter
Option Available: Growth, IDCW@ - 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 (₹) as on January 31, 2023
Plan Option Freq NAV
Regular Plan Growth - 28.3075
Regular Plan IDCW@ - 10.8235
Regular Plan IDCW@ Quarterly 11.2626
Regular Plan IDCW@ Annual 10.9679
Regular Plan IDCW@ Half Yearly10.5480
Regular Plan IDCW@ Periodic 11.2483
@Income Distribution and Capital Withdrawal
@@If SIP day falls on a non-business day, the SIP transaction shall be processed on the next business day.


NameRating% of NAV
Government Bond 85.63%
7.1% - 2029 G-Sec SOV 49.76%
7.38% - 2027 G-Sec SOV 29.91%
5.63% - 2026 G-Sec SOV 5.87%
5.74% - 2026 G-Sec SOV 0.09%
8.20% - 2025 G-Sec SOV 0.005%
7.17% - 2028 G-Sec SOV 0.005%
Certificate of Deposit 6.51%
Axis Bank A1+ 6.51%
Commercial Paper 6.27%
HDFC A1+ 6.27%
Net Cash and Cash Equivalent 1.59%
Grand Total 100.00%







Performance based on NAV as on 31/01/2023 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.


Scheme risk-o-meter

Investors understand that their principal will be at Moderate risk

This product is suitable for investors who are seeking*

  • 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.

Benchmark risk-o-meter

NIFTY Composite Debt Index A-III




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