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SBI DYNAMIC BOND FUND REVIEW

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SBI Dynamic Bond Fund

About SBI Mutual Fund 

Holding 30 years of experience in fund management, this scheme is moving forward with their experience. SBI Mutual Funds is a joint venture between the largest bank State Bank of India and a European asset management company, named Amundi. The SBI mutual fund company was constituted as a Trust under the provision of Indian Trust Act 1882 particularly registered with SEBI (The Securities and Exchange Board of India). The headquarters are based out of Mumbai, India. 

Pros of the Fund 

Here: 

  • Age is more than the tenure of 10 years 
  • 1-year returns are higher as compared to the benchmark 
  • 3-year returns are higher than the benchmark 
  • 5-year returns are higher as compared than the benchmark 

About SBI Dynamic Bond Fund 

It is a debt mutual fund that was launched by SBI mutual fund. Later on, it was introduced on 9th Feb 2004 to its investors. Currently, the fund is managed by Dinesh Ahuja. Talking about AUM, it is of INR 1342 Cr, and, the latest NAV is of INR 26.57 (dated as of 23rd April 2020). The fund growth is stated moderate risk. Also, the minimum SIP investment is INR 500, and, minimum lumpsum investment is INR 5000.  

Investment Objective 

The objective of the investment is to actively manage a portfolio of better quality money s well as debt market instruments in order to provide reasonable liquidity and returns to the unitholders. Though, there is no assurance or guarantee that the objective of the investment scheme will be achieved, thus, there are no assure or guarantee of any returns.  

Tax Implications 

Returns are taxed as per the Income Tax Slab, only if sold before 3 years.  

Top Holdings 

Name  Sector  Instrument  % Assets 
GOI  Sovereign  GOI Sec  19.0% 
Power Finance Corpn. Ltd.  Financial  Bonds/NCD  7.8% 
Indian Railway Finance Corpn. Ltd.  Financial  Debenture  3.3% 
State Bank of India  Financial  NCD  1.2% 
National Bank For Agriculture & Rural Development  Financial  Debenture  0.8% 

 

Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected] 

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*Disclaimer: investment in securities market are subject to market risks, read all the related documents carefully before investing

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