August 4, 2022
mayank
Kotak Dynamic Bond Fund Guidance
NAV Growth : Rs 32.2488
NAV IDCW : Rs 11.3184
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 aims to maximise returns through an active management of a portfolio of debt and money market securities.
Fund Manager :
— Deepak Agrawal
Education : Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
Experience : He has been associated with Kotak AMC since 2000.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. No of Cheques | 6 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | Not Applicable |
| Exit Load | 0 |
Basic Details
| Fund House: | Kotak Mahindra Mutual Fund |
| Launch Date: | 01-Jan-13 |
| Return Since Launch: | 8.91% |
| Benchmark: | NIFTY Composite Debt Index B-III |
| Riskometer: | Moderate |
| Type: | Open-ended |
| Assets: | Rs 2,043 Cr |
| (As on 31-Jul-2022) | |
| Expense Ratio: | 0.28% |
| (As on 30-Jun-2022) | |
| Risk Grade: | Average |
| Return Grade: | Above Average |
Kotak Dynamic Bond Fund Guidance Trailing Returns (%)
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
| Kotak Dynamic Bond Direct-G | 0.87 | -0.03 | 0.42 | 1.34 | 0.26 | 1.24 | 3.3 | 6.51 | 7.44 | 8.71 | — |
| VR Bond | 0.78 | 0 | 0.53 | 1.02 | 0.68 | 1.68 | 2.67 | 3.98 | 5.12 | 6.02 | — |
| Debt: Dynamic Bond | 1.39 | -0.05 | 0.35 | 1.14 | 1.16 | 1.95 | 3.71 | 5.97 | 6.08 | 7.49 | — |
| Rank within category | 17 | 11 | 9 | 7 | 25 | 17 | 12 | 8 | 1 | 2 | — |
| Number of funds in category | 27 | 27 | 27 | 27 | 27 | 27 | 27 | 24 | 22 | 21 | 0 |
Kotak Dynamic Bond Fund Guidance Peer Comparison
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
| Kotak Dynamic Bond Fund | 4 star | Jan-13 | 3.3 | 6.51 | 7.44 | 0.28 | 2,043 |
| ICICI Prudential All Seasons Bond Fund | 5 star | Jan-13 | 4.19 | 7.66 | 7.33 | 0.62 | 5,616 |
| SBI Dynamic Bond Fund | 4 star | Jan-13 | 2.88 | 5.79 | 6.61 | 0.87 | 2,313 |
| IIFL Dynamic Bond Fund | 5 star | Jun-13 | 4.13 | 6.54 | 6.47 | 0.27 | 576 |
| HDFC Dynamic Debt Fund | 5 star | Jan-13 | 1.88 | 6.99 | 5.11 | 0.49 | 476 |
Portfolio Breakup
| Fund | 1Y High | 1Y Low | Category | |
| Number of Securities | 33 | 47 | 33 | 22 |
| Modified Duration (yrs) | 2.42 | 4.47 | 1.68 | 2.57 |
| Average Maturity (yrs) | 6.78 | 8.92 | 5.72 | 4.05 |
| Yield to Maturity (%) | 7.26 | 7.26 | 5.12 | 6.73 |
| Avg Credit Rating | AAA | — | — | — |
Kotak Dynamic Bond Fund Guidance by Chanakya :
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