Kotak Dynamic Bond Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 32.3248   0.0078(0.024 %) NAV as on 12 Aug 2022
Prime Rating: 5 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 2,043.49
Fund category:
Dynamic Bond
Fund manager(s):
Deepak Agrawal
Benchmark:
NIFTY Composite Debt Index
Minimum investment:
₹ 5000
Launch date:
01 Jan 2013
Min. additional investment:
₹ 1000
Expense ratio:
0.28 %
Exit load:
Nil

Scheme Objective: The investment objective of the Scheme is to maximize returns through an active management of a portfolio of debt and money market securities.


Performance (As on 12 Aug 2022)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.49 % 1.79 %0.72 % 3.61 % 6.73 %7.52 % N/A

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
Central Government - 2033(^)
Government Securities
28.21%
SOV
5.74% Central Government - 2026(^)
Government Securities
16.14%
SOV
8.03% Gujarat State Govt - 2025 - Gujarat
Government Securities
9.26%
SOV
6.54% Central Government - 2032
Government Securities
5.33%
SOV
5.23% National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite)
Corporate Debt
4.69%
CRISIL AAA
6.75% Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
Corporate Debt
4.03%
CRISIL AAA
EMBASSY OFFICE PARKS REIT
REITs & InvITs
3.55%
REITs & InvITs
7.4% Muthoot Finance Ltd. ( IDBI Trusteeship Services Ltd) **
Corporate Debt
2.93%
CRISIL AA+
8.25% Maharashtra State Govt - 2025 - Maharashtra
Government Securities
2.52%
SOV
Central Government - 2031(^)
Government Securities
2.52%
SOV

About this category

Dynamic bond debt funds actively change their strategy and portfolio based on the interest rate cycle and opportunities in the debt market. When the direction of interest rates is headed downward, these funds get aggressive and move into long-duration government debt to make gains off bond price appreciation. At other times, the funds stick to other corporate and bank bonds and earn the interest on these bonds. These funds tend to be volatile in the short term as they adapt their portfolios to market movements; their 1-year returns can be range from the high double-digit to losses based on their strategy and debt market movements. Returns even out over longer periods and need to be held for the long term.

Suitability

These funds investors with investment horizons above 3 years and who can take short-term volatility in their debt funds.

Taxation

Short-term: Holding period is less than 36 months.

Taxation: Capital gains are taxed at individual’s slab rate 


Long-term: Holding period is 36 months or more.

Taxation: Capital gains are taxed at 20% with indexation benefit.

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