SBI Dynamic Bond Fund Direct Growth
Debt
Direct
Dynamic Bond
NAV: ₹ 34.85 as on 19-04-2024
Fund Performance
150 people have invested ₹ 74.4L in SBI Dynamic Bond Fund Direct Growth in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (dynamic bond). Its expense ratio is 0.62% which is lower than the category average expense ratio of 0.98%.
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 10.71% return, outperforming this fund by 4.66% per annum.
In the last 5 years, ICICI Prudential All Seasons Bond Fund Direct Plan Growth has given 8.35% return, outperforming this fund by 0.36% per annum.
In the last 1 year, DSP Strategic Bond Fund Direct Plan Growth has given 8.94% return, outperforming this fund by 1.23%.
Over the last 1 year, this fund has decreased expense ratio by 28.7% moving from 0.87 to 0.62.
About the SBI Dynamic Bond Fund Direct Growth
SBI Dynamic Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Dinesh Ahuja, Mohit Jain. This fund is suitable to keep your money safe.
Key Parameters
- SBI Dynamic Bond Fund Direct Growth has ₹3077 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.6.
SBI Dynamic Bond Fund Direct Growth Overview
 | 0.62% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹3077 Cr |
 | 1 January, 2013 |
 | ₹5000/₹500 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 718.4% |
SBI Dynamic Bond Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
89.5%
Corporate
8.5%
Cash Equivalent
2%
Top Holdings of SBI Dynamic Bond Fund Direct Growth as on (31-Mar-24)
Debt Holdings9
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 22.92% | -25.1% | |
7.25% Govt Stock 2063 | 14.93% | 0% | |
Highways Infrastructure Trust | 5.31% | 0% | |
Mahanagar Telephone Nigam Limited | 3.29% | 0% | |
Tata Capital Financial Services Limited | 3.23% | 0% |
See all
SBI Dynamic Bond Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 3.1K Cr as of Mar'24
- AUM increased by 46.7 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
SBI Dynamic Bond Fund Direct Growth Fund Manager
Dinesh Ahuja
Fund Manager of SBI Dynamic Bond Fund Direct Growth, since 1 February 2011
Top funds managed
Mohit Jain
Fund Manager of SBI Dynamic Bond Fund Direct Growth, since 30 November 2017
Top funds managed
SBI Dynamic Bond Fund Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.18% since inception which is more than its category average return of 5.81%
AUM size ₹3077 Cr
This fund has AUM of ₹3077 Cr which is more than its category average of ₹ 1431 Cr
Expense Ratio 0.62%
This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 0.93%
Frequently Asked Questions
The current NAV of SBI Dynamic Bond Fund Direct Growth is ₹34.85 as on 19-Apr-2024.
Existing (Absolute + CAGR) as on 19-Apr-2024.
SBI Dynamic Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.02% | 0.02% |
6 Month Returns | 4.48% | 4.48% |
1 Year Returns | 7.71% | 7.71% |
3 Years Returns | 19.24% | 6.04% |
5 Years Returns | 46.85% | 7.99% |
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.
0.62% as on March 2024
₹3077 Cr as on March 2024
7.18% Govt Stock 2033(22.92%), 7.25% Govt Stock 2063(14.93%), Highways Infrastructure Trust(5.31%), Mahanagar Telephone Nigam Limited(3.29%), Tata Capital Financial Services Limited(3.23%) as on March 2024
Government(89.47%), Corporate(8.55%), Cash Equivalent(1.98%) as on March 2024
Yield to Maturity is 7.36 as on March 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 7.35 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Dinesh Ahuja, Mohit Jain are the fund managers of SBI Dynamic Bond Fund Direct Growth
The Exit load of SBI Dynamic Bond Fund Direct Growth is 0.25%