Kotak Dynamic Bond Fund-Reg(G)
View the direct plan of this scheme
Rs 33.7805 0.0684(0.203 %) NAV as on 23 Apr 2024
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 23 Apr 2024)
| 1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|---|---|
| Scheme | 0.35 % | 1.81 % | 4.90 % | 7.10 % | 5.12 % | 6.92 % | 7.95 % | >
Portfolio
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.
These funds investors with investment horizons above 3 years and who can take short-term volatility in their debt funds.
For investments made before April 1st, 2023
Short-term: Holding period is less than 36 months.
Taxation: Capital gains are taxed at individuals slab rate
Long-term: Holding period is 36 months or more.
Taxation: Capital gains are taxed at 20% with indexation benefit.
For investments made on and after April 1st, 2023
All capital gains are treated as short-term capital gains irrespective of holding period and will be taxed at individuals slab rate.
