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.
About SBI Dynamic Bond Fund
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 1309 Cr, and, the latest NAV is of INR 27.11 (dated as of 16th March 2020). The fund growth is rated as moderate risk. Also, the minimum SIP investment is INR 500, and, lumpsum investment is INR 5000.
Investment Objective
The objective of SBI Dynamic Bond Fund is to manage a portfolio of good-quality debt actively; also, money market instruments to provide liquidity to the unitholders and reasonable returns. Although, there is no assurance or guarantee that the objective of the investment scheme will be achieved. Also, there is no guarantee or assurance of the returns.
Tax Implications
In here, the returns are taxed as per the Income Tax Slab of an individual, only if sold before 3 years.
Top Holdings
| Name | Sector | Instrument | % Assets |
| GOI | Sovereign | GOI Sec | 11.0% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 8.4% |
| GOI | Sovereign | GOI Sec | 7.5% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 7.3% |
| Air India Assets Holdings Ltd. | Diversified | Debenture | 6.7% |
| REC Ltd. | Financial | Debenture | 6.5% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 6.3% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 5.5% |
| LIC Housing Finance Ltd. | Financial | NCD | 2.1% |
| State Bank of India | Financial | NCD | 1.4% |
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Till then,
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*Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.