IIFL Dynamic Bond Fund Regular Growth - Latest NAV ₹16.4975, Returns, Performance & Portfolio

IIFL Dynamic Bond Fund Regular Growth

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    6.93%
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    (+0.02)16.4975

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Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years6.93%
3 Years6.59%
1 Year7.59%
6 Months3.84%
Fund Details
ISININF579M01183
RiskModerate Risk
Fund TypeDynamic Bond
NAV16.4975
Exit Load--

More about this fundstar

Top HoldingsWeightage
Power Finance Corporation Limited8.62%
7.32% Govt Stock 20248.5%
Axis Bank Limited7.14%
State Bank of India6.75%
Embassy Office Parks Reit6.17%
REC Limited5.67%
ICICI Bank Limited5.45%
National Bank For Agriculture and Rural Development5.45%
Housing Development Finance Corporation Limited4.56%
6.18% Govt Stock 20244.55%

About IIFL Dynamic Bond Fund

The IIFL Dynamic Bond Fund is an open-ended, dynamic, debt scheme. It seeks to generate income and long-term gains by investing in a portfolio of debt securities and money market instruments of varying maturities. Further, it flexibly manages its investments across the maturity spectrum in order to optimize the risk-return proposition for the investors.

Pros & Cons of IIFL Dynamic Bond Fund

  • The scheme designs its portfolio to dynamically track the interest rate movements in the short-term by reducing the duration in a rising rate environment and increasing it in a falling rate environment.
  • As on September 30, 2018, the scheme is ranked 3 under CRISIL’s Dynamic Bond Fund category. Further, it has generated returns of 8.25% per year over the last 5 years (as on January 11, 2019).

Fund Information and Statistics of IIFL Dynamic Bond Fund

i) Inception / Launch Date

The scheme was launched on 24 June 2013 by IIFL Mutual Fund.

ii) Risk Level

According to the investment objective and asset allocation of the scheme, it has a Moderate risk-level associated with it.

iii) Redemption

The minimum redemption amount is the lower of Rs. 1,000 and the account balance. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

Mr. Ankur Parekh is the Fund Manager of the IIFL Dynamic Bond Fund since March 08, 2017.

v) Entry / Exit Load

There is no entry load in this scheme. From October 10, 2017, the exit load structure is as follows:

  • If the units are redeemed after the completion of 18 months from the date of allotment of the said units, then the exit load = Nil
  • If the units are redeemed within 18 months from the date of allotment of the said units, then the exit load = 1% of the applicable NAV

Tax benefits of investing in IIFL Dynamic Bond Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% with indexation benefits.

About IIFL Mutual Fund

IIFL Mutual Fund is managed by IIFL Asset Management which is a part of the IIFL Investment Managers Group. The fund house offers differentiated products which allows Indian as well as overseas investors to participate in India’s growth story. By co-investing along with the investors, the fund house aligns its investment strategies with the investor’s interests.

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Frequently Asked Questions

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Start your investment

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Currently this fund is not available on ClearTax Invest. We request you to checkout other Related funds
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns