April 2, 2024
mayank
HDFC Dynamic Debt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 89.1420
Yearly NAV IDCW: Rs 14.4087
Quarterly NAV IDCW: Rs 13.5793
NAV IDCW: Rs 18.7694
Suitable For Which Investors?
“Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending on where it expects to earn maximum returns, the fund management team actively decides whether to invest in bonds maturing in a few months or in the ones maturing several years later.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The scheme seeks to generate income / capital appreciation by investing in a range of debt and money market instruments.
Fund Manager:
1) Anil Bamboli
Education: Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.
Experience: Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | HDFC Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.75% |
| Benchmark | CRISIL Dynamic Bond B-III Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 659 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.69% |
| (As on 29-Feb-2024) | |
| Risk Grade | Average |
| Return Grade | High |
Trailing Returns (%) of HDFC Dynamic Debt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HDFC Dynamic Debt Dir | 2.71 | 0.04 | 0.87 | 2.71 | 4.62 | 8.73 | 7.41 | 7.10 | 6.17 | 7.89 |
| VR Bond* | 2.69 | 0.17 | 0.67 | 2.76 | 4.52 | 7.95 | 5.30 | 5.83 | 5.90 | 6.78 |
| Debt: Dynamic Bond* | 2.80 | 0.04 | 0.77 | 2.80 | 4.70 | 8.48 | 6.20 | 7.06 | 6.83 | 8.24 |
| Rank within category* | 12 | 18 | 3 | 12 | 14 | 8 | 2 | 9 | 17 | 13 |
| Number of funds in category* | 24 | 24 | 24 | 24 | 24 | 24 | 22 | 21 | 19 | 17 |
Peer Comparison of HDFC Dynamic Debt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| HDFC Dynamic Debt Dir | 4 star | 8.73 | 7.41 | 7.10 | 0.69 | 659 | 7.75 | — | 11Y 3M |
| ICICI Pru All Seasons Bond Dir | 5 star | 8.71 | 6.82 | 8.35 | 0.53 | 11,810 | 9.75 | 0.25 (30) | 11Y 3M |
| SBI Dynamic Bond Dir | 4 star | 9.26 | 6.38 | 8.05 | 0.61 | 3,023 | 8.28 | 0.25 (30) | 11Y 3M |
| ABSL Dynamic Bond Dir | 5 star | 8.34 | 7.12 | 6.29 | 0.64 | 1,717 | 7.61 | 0.50 (90) | 11Y 3M |
| 360 ONE Dynamic Bond Dir | 4 star | 9.00 | 6.55 | 6.88 | 0.27 | 735 | 7.25 | — | 10Y 9M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 24 | 22 |
| Macaulay Duration (yrs) | 5.73 | 6.70 |
| Average Maturity (yrs) | 9.87 | 11.85 |
| Yield to Maturity (%) | 7.44 | 7.34 |
| Avg Credit Rating | AAA | — |
How to Invest in HDFC Dynamic Debt Fund?
Chanakya’s Mutual Fund Guidance For HDFC Dynamic Debt Fund
Apply Online: https://investor-web.hdfcfund.com/
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Quicklinks
https://sahifund.com/aditya-birla-sun-life-dynamic-bond-fund/