SBI Dynamic Bond Fund Direct Growth

SBI Dynamic Bond Fund Direct Growth

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Debt
Direct
Dynamic Bond
NAV: ₹ 34.8 as on 16-02-2024
Fund Performance
zero opening, trading, fund transfer fee
129 people have invested ₹ 8L in SBI Dynamic Bond Fund Direct Growth in the last three months

Mutual Fund Insights

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In the last 5 years, ICICI Prudential All Seasons Bond Fund Direct Plan Growth has given 8.53% return, outperforming this fund by 0.23% per annum.
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In the last 1 year, DSP Strategic Bond Fund Direct Plan Growth has given 10.67% return, outperforming this fund by 1.53%.
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Over the last 1 year, this fund has decreased expense ratio by 29.9% moving from 0.87 to 0.61.
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In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 10.55% return, outperforming this fund by 4.42% per annum.
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This fund has one of the lowest expense ratio in the category (dynamic bond). Its expense ratio is 0.61% which is lower than the category average expense ratio of 0.98%.

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 Mohit Jain, Dinesh Ahuja. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Dynamic Bond Fund Direct Growth has ₹2968 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.6.

SBI Dynamic Bond Fund Direct Growth Overview

Expense ratio
Expense ratio
0.61%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹2968 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0.25%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
718.4%

SBI Dynamic Bond Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Government
83.4%
Corporate
13.9%
Cash Equivalent
2.7%

Top Holdings of SBI Dynamic Bond Fund Direct Growth as on (31-Jan-24)

  • Debt & Cash

Debt Holdings14
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
38.34%
-9.2%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
26.84%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
6.59%
0%
Highways Infrastructure Trust
Highways Infrastructure Trust
5.49%
0%
Tata Capital Financial Services Limited
Tata Capital Financial Services Limited
3.34%
0%

SBI Dynamic Bond Fund Direct Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 3K Cr
₹ 2.9K Cr
₹ 2.9K Cr
  • AUM of the fund stands at 3K Cr as of Jan'24
  • AUM increased by 28.2 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

SBI Dynamic Bond Fund Direct Growth Fund Manager

Mohit Jain
Mohit Jain
Fund Manager of SBI Dynamic Bond Fund Direct Growth, since 30 November 2017
Dinesh Ahuja
Dinesh Ahuja
Fund Manager of SBI Dynamic Bond Fund Direct Growth, since 1 February 2011

SBI Dynamic Bond Fund Direct Growth Highlights

Risk meter
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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 8.26% since inception which is more than its category average return of 5.93%
AUM size ₹2968 Cr

AUM size ₹2968 Cr

This fund has AUM of ₹2968 Cr which is more than its category average of ₹ 1398 Cr
Expense Ratio 0.61%

Expense Ratio 0.61%

This fund has an expense ratio of 0.61% 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 ₹34.81 as on 16-Feb-2024.
Existing (Absolute + CAGR) as on 16-Feb-2024.
SBI Dynamic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.35%
1.35%
6 Month Returns
4.39%
4.39%
1 Year Returns
9.15%
9.15%
3 Years Returns
19.51%
6.12%
5 Years Returns
49.01%
8.3%
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.
0.61% as on January 2024
₹2968 Cr as on January 2024
7.18% Govt Stock 2033(38.34%), 7.18% Govt Stock 2037(26.84%), 7.3% Govt Stock 2053(6.59%), Highways Infrastructure Trust(5.49%), Tata Capital Financial Services Limited(3.34%) as on January 2024
Government(83.39%), Corporate(13.92%), Cash Equivalent(2.69%) as on January 2024
Yield to Maturity is 7.44 as on January 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 6.87 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Mohit Jain, Dinesh Ahuja are the fund managers of SBI Dynamic Bond Fund Direct Growth
The Exit load of SBI Dynamic Bond Fund Direct Growth is 0.25%