ITI Dynamic Bond Fund Direct Growth

Debt
Direct
Dynamic Bond
ITI Dynamic Bond Fund Direct Growth

About the Fund

ITI Dynamic Bond Fund Direct Growth is a debt fund. This fund was started on 14 July, 2021. The fund is managed by Vikrant Mehta. This fund is suitable to keep your money safe.

Key Parameters

  1. ITI Dynamic Bond Fund Direct Growth has ₹38 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

ITI Dynamic Bond Fund Direct Growth has given a CAGR return of 6.41% since inception. Over the last 1 year the fund has given a CAGR return of 8.21%.

Holdings

ITI Dynamic Bond Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 7.34% Govt Stock 2064, Corporate Debt Market Development Fund Class A2

Taxation

As it is a dynamic bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of ITI Dynamic Bond Fund Direct Growth

The investment objective of the Scheme is to maximize returns through an active management of a portfolio comprising of debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. ITI Dynamic Bond Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
3 people have invested ₹ 6K in ITI Dynamic Bond Fund Direct Growth in the last three months

Fund Overview

Expense ratio
Expense ratio
0.14%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹38 Cr
Inception Date
Inception Date
14 July, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
816.76%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.6%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
90.3%
Cash Equivalent
9.7%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.1% Govt Stock 2034
7.1% Govt Stock 2034
87.15%
0%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
9.53%
0%
Corporate Debt Market Development Fund Class A2
Corporate Debt Market Development Fund Class A2
0.42%
0%

Vikrant Mehta
Vikrant Mehta
Fund Manager of ITI Dynamic Bond Fund Direct Growth, since 14 July 2021

ITI Dynamic Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.41% since inception which is more than its category average return of 5.89%
AUM size ₹38 Cr

AUM size ₹38 Cr

This fund has AUM of ₹38 Cr which is less than its category average of ₹ 1484 Cr
Expense Ratio 0.14%

Expense Ratio 0.14%

This fund has an expense ratio of 0.14% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions

The current NAV of ITI Dynamic Bond Fund Direct Growth is ₹11.99 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
ITI Dynamic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.13%
1.13%
6 Month Returns
4.91%
4.91%
1 Year Returns
8.21%
8.21%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.14% as on May 2024
₹38 Cr as on May 2024
Yield to Maturity is 7.13 as on May 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 6.8 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Vikrant Mehta is the fund manager of ITI Dynamic Bond Fund Direct Growth
The Exit load of ITI Dynamic Bond Fund Direct Growth is 0%