January 30, 2025
mayank
PGIM India Dynamic Bond Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 2,875.0055
NAV IDCW Quarterly: Rs 1,187.0404
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 seek to generate returns through active management of a portfolio of debt and money market instruments.
Fund Manager:
1) Bhupesh Kalyani
Education: Mr. Kalyani is a CA, ICWA and CISA.
Experience: Prior to joining PGIM India Mutual Fund, he was associated with IDBI AMC, LIC Mutual Fund, Edelweiss Mutual Fund, Tata Mutual Fund and Star Union Dai-ichi life Insurance C.o. Ltd.
2) Puneet Pal
Education: Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
Experience: Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 5 |
| Min. Balance (Rs) | 1 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of PGIM India Dynamic Bond Fund
| Fund House | PGIM India Mutual Fund |
| Launch Date | 01-Jan-2013 |
| Return Since Launch | 8.32% |
| Benchmark | CRISIL Dynamic Bond A-III Index |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 108 Cr |
| (As on 31-Dec-2024) | |
| Expense | 0.35% |
| (As on 31-Dec-2024) | |
| Risk Grade | Below Average |
| Return Grade | Above Average |
Trailing Returns (%) of PGIM India Dynamic Bond Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| PGIM India Dynamic Bond Dir | 0.64 | -0.02 | 0.90 | 1.73 | 4.28 | 10.19 | 7.38 | 6.93 | 7.86 | 8.04 |
| VR Bond | 0.61 | -0.07 | 0.78 | 1.63 | 3.58 | 8.25 | 6.64 | 5.76 | 6.23 | 6.38 |
| Debt: Dynamic Bond | 0.75 | -0.05 | 0.94 | 1.78 | 4.07 | 9.30 | 7.10 | 7.05 | 7.37 | 7.49 |
| Rank within category | 22 | 8 | 16 | 17 | 6 | 2 | 9 | 13 | 6 | 4 |
| Number of funds in category | 26 | 26 | 26 | 26 | 26 | 26 | 25 | 22 | 19 | 17 |
Peer Comparison of PGIM India 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 | |
| PGIM India Dynamic Bond Dir | 4 star | 10.19 | 7.38 | 6.93 | 0.35 | 108 | 8.32 | — | 12Y |
| ICICI Pru All Seasons Bond Dir | 5 star | 9.13 | 7.93 | 8.03 | 0.59 | 13,407 | 9.69 | 0.25 (30) | 12Y |
| SBI Dynamic Bond Dir | 4 star | 9.50 | 7.78 | 7.24 | 0.62 | 3,324 | 8.29 | 0.25 (30) | 12Y |
| ABSL Dynamic Bond Dir | 5 star | 9.67 | 8.14 | 7.82 | 0.64 | 1,717 | 7.72 | 0.50 (90) | 12Y |
| 360 ONE Dynamic Bond Dir | 4 star | 9.63 | 7.05 | 7.06 | 0.27 | 737 | 7.37 | — | 11Y 7M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 14 | 22 |
| Macaulay Duration (yrs) | — | 7.39 |
| Average Maturity (yrs) | 15.85 | 15.07 |
| Yield to Maturity (%) | 7.00 | 7.13 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For PGIM India Dynamic Bond Fund
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