February 13, 2025
mayank
ITI Dynamic Bond Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 12.7146
Yearly NAV IDCW: Rs 12.7145
Quarterly NAV IDCW: Rs 12.7366
Monthly NAV IDCW: Rs 10.1995
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 maximise returns through an active management of a portfolio comprising of debt and money market instruments.
Fund Manager:
1) Laukik Bagwe
Education: Mr. Bagwe is a B.Com (H) and PGDBA (Finance)
Experience: Prior to joining ITI Mutual fund he has worked with DSP Mutual Fund, Derivium Capital and Securities Pvt. Ltd. and with Birla Sun Life Securities Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of ITI Dynamic Bond Fund
| Fund House | ITI Mutual Fund |
| Launch Date | 15-Jul-21 |
| Return Since Launch | 6.93% |
| Benchmark | CRISIL Dynamic Bond A-III Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 47 Cr |
| (As on 31-Jan-2025) | |
| Expense | 0.15% |
| (As on 31-Jan-2025) | |
| Risk Grade | Below Average |
| Return Grade | Average |
Trailing Returns (%) of ITI Dynamic Bond Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| ITI Dynamic Bond Dir | 1.07 | 0.02 | 0.94 | 2.16 | 4.32 | 8.46 | 7.41 | — | — | — |
| VR Bond | 0.81 | 0.06 | 0.65 | 1.53 | 3.60 | 7.52 | 6.53 | — | — | — |
| Debt: Dynamic Bond | 0.85 | 0.03 | 0.70 | 1.59 | 3.77 | 8.46 | 6.97 | — | — | — |
| Rank within category | 2 | 17 | 1 | 1 | 1 | 17 | 6 | — | — | — |
| Number of funds in category | 25 | 25 | 25 | 25 | 25 | 25 | 25 | 23 | 19 | 17 |
Peer Comparison of ITI Dynamic Bond 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 | |
| ITI Dynamic Bond Dir | 4 star | 8.46 | 7.41 | — | 0.15 | 47 | 6.93 | — | 3Y 6M |
| ICICI Pru All Seasons Bond Dir | 5 star | 9.03 | 7.82 | 7.79 | 0.59 | 13,540 | 9.68 | 0.25 (30) | 12Y 1M |
| SBI Dynamic Bond Dir | 4 star | 8.58 | 7.76 | 6.99 | 0.62 | 3,340 | 8.28 | 0.25 (30) | 12Y 1M |
| ABSL Dynamic Bond Dir | 5 star | 8.87 | 8.04 | 7.57 | 0.64 | 1,730 | 7.70 | 0.50 (90) | 12Y 1M |
| 360 ONE Dynamic Bond Dir | 4 star | 8.93 | 6.87 | 6.98 | 0.27 | 720 | 7.36 | — | 11Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 2 | 22 |
| Macaulay Duration (yrs) | 5.58 | 7.39 |
| Average Maturity (yrs) | 7.58 | 15.07 |
| Yield to Maturity (%) | 6.71 | 7.13 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For ITI Dynamic Bond Fund
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