Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl

Debt
Direct
Dynamic Bond
Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl

About the Fund

Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl is a debt fund. This fund was started on 20 August, 2018. The fund is managed by Rahul Pal. This fund is suitable to keep your money safe.

Key Parameters

  1. Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl has ₹60 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl has given a CAGR return of 5.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.24%, 5.46% and 5.29% respectively.

Holdings

Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, 7.3% Govt Stock 2053, 7.1% Govt Stock 2034, 07.64 MH Sgs 2033, 7.32% Govt Stock 2030

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 Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl

The investment objective of the Scheme is to generate regular returns and capital appreciation through an active management of a portfolio constituted of money market and debt instruments across duration. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.39%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹60 Cr
Inception Date20 August, 2018
Min Lumpsum/SIP₹1000/₹500
Exit Load0%
Lock InNo Lock-in
TurnOver
170.18%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
87.7%

AA
12.3%

Sector Allocation

Jun'24

May'24

Apr'24

Government
86.4%
Corporate
9.8%
Cash Equivalent
3.8%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
42.81%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
17.02%
0%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
10.87%
62.5%
07.64 MH Sgs 2033
07.64 MH Sgs 2033
8.44%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
8.42%
0%

Rahul Pal
Rahul Pal
Fund Manager of Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl, since 20 August 2018

Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl 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 5.74% since inception which is less than its category average return of 5.89%
AUM size ₹60 Cr

AUM size ₹60 Cr

This fund has AUM of ₹60 Cr which is less than its category average of ₹ 1484 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions

The current NAV of Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl is ₹11.34 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.72%
0.72%
6 Month Returns
5.41%
5.41%
1 Year Returns
8.24%
8.24%
3 Years Returns
17.29%
5.46%
5 Years Returns
29.37%
5.29%
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.
0.39% as on June 2024
₹60 Cr as on June 2024
7.18% Govt Stock 2037(42.81%), 7.3% Govt Stock 2053(17.02%), 7.1% Govt Stock 2034(10.87%), 07.64 MH Sgs 2033(8.44%), 7.32% Govt Stock 2030(8.42%) as on June 2024
Government(86.43%), Corporate(9.81%), Cash Equivalent(3.76%) as on June 2024
Yield to Maturity is 7.4 as on June 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 7.28 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
87.72
AA
12.28
Rahul Pal is the fund manager of Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl
The Exit load of Mahindra Manulife Dynamic Bond Fund Direct Quarterly Reinvestment of Income Dis cum Cptl Wdrl is 0%