SBI Dynamic Bond Fund Direct Growth

SBI Dynamic Bond Fund Direct Growth

Debt

Direct

Dynamic Bond

NAV as on 02-12-2024

₹ 37.31

Inception Returns

8.3%

/yr

About 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

  1. SBI Dynamic Bond Fund Direct Growth has ₹3302 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.

Returns

SBI Dynamic Bond Fund Direct Growth has given a CAGR return of 8.31% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.02%, 7.36% and 7.26% respectively.

Holdings

SBI Dynamic Bond Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Consumer Cyclical, Corporate, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 6.79% Govt Stock 2034, 7.25% Govt Stock 2063, 7.18% Govt Stock 2037, 7.3% Govt Stock 2053

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 SBI Dynamic Bond Fund Direct Growth

To provide investors attractive returns through investment in an actively managed portfolio of high quality debt securities of varying maturities.

Minimum Investment and lockin period

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

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
183 people have invested ₹ 1Cr in SBI Dynamic Bond Fund Direct Growth in the last three months

SBI Dynamic Bond Fund Direct Growth Overview

Expense ratio0.62%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹3302 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
615.78%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (02-Dec-24)

Period
SBI Dynamic Bond Fund Direct Growth
Dynamic Bond Index
1M
0.3%
0.4%
3M
1.8%
1.6%
6M
4.6%
4.3%
1Y
10%
9.1%
3Y
7.4%
6.1%
5Y
7.3%
6.2%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Oct'24

Sep'24

Aug'24

Government
82.9%
Cash Equivalent
10.4%
Corporate
6.7%
All changes are between Oct'69 and Dec'69
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 3.3K Cr
₹ 3.3K Cr
₹ 3.2K Cr
  • AUM of the fund stands at 3.3K Cr as of Oct'24
  • AUM increased by 54.4 Cr between Oct'24 and Sep'24
Cash allocation has gone up from 3.3% to 10.4%
Cash allocation has gone up from 3.3% to 10.4%
Debt allocation has gone down from 96.5% to 89.4%
Debt allocation has gone down from 96.5% to 89.4%

Top 3 Sectors in October were Government, Financial Services & Consumer Cyclical

Oct'24
Government
83%
Financial Services
70%
Consumer Cyclical
30%
Sep'24
Government
85%
Financial Services
70%
Consumer Cyclical
30%
  • Debt & Cash

Holdings
Weight%
1M Change
7.34% Govt Stock 2064
7.34% Govt Stock 2064
25.15%
0%
6.79% Govt Stock 2034
6.79% Govt Stock 2034
22.65%
0%
7.25% Govt Stock 2063
7.25% Govt Stock 2063
13.44%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
8.97%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
7.82%
0%
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Dinesh Ahuja
Dinesh Ahuja
Fund Manager of SBI Dynamic Bond Fund Direct Growth, since 1 February 2011
Mohit Jain
Mohit Jain
Fund Manager of SBI Dynamic Bond Fund Direct Growth, since 30 November 2017
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.84L Cr
as on 31-Oct-2024
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

Mutual Fund Insights

Insights icon
In the last 1 year, Bandhan Dynamic Bond Fund - Direct Plan - Growth has given 12.11% return, outperforming this fund by 2.1%.
Insights icon
In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 8.9% return, outperforming this fund by 1.54% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 7.2% growth in AUM moving from 3.07K Cr to 3.30K Cr.
Insights icon
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 1%.
Insights icon
Over the last 1 year, this fund has increased expense ratio by 1.6% moving from 0.61 to 0.62.
Insights icon
In the last 5 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 8.92% return, outperforming this fund by 1.67% per annum.

SBI 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 8.31% since inception which is more than its category average return of 6.19%
AUM size ₹3302 Cr

AUM size ₹3302 Cr

This fund has AUM of ₹3302 Cr which is more than its category average of ₹ 1622 Cr
Expense Ratio 0.62%

Expense Ratio 0.62%

This fund has an expense ratio of 0.62% which is less than its category average expense ratio of 0.94%

Frequently Asked Questions for SBI Dynamic Bond Fund Direct Growth

The current NAV of SBI Dynamic Bond Fund Direct Growth is ₹37.31 as on 02-Dec-2024.
Existing (Absolute + CAGR) as on 02-Dec-2024.
SBI Dynamic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.34%
0.34%
6 Month Returns
4.56%
4.56%
1 Year Returns
10.02%
10.02%
3 Years Returns
23.76%
7.36%
5 Years Returns
41.95%
7.26%
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 November 2024
₹3302 Cr as on November 2024
7.34% Govt Stock 2064(25.15%), 6.79% Govt Stock 2034(22.65%), 7.25% Govt Stock 2063(13.44%), 7.18% Govt Stock 2037(8.97%), 7.3% Govt Stock 2053(7.82%) as on November 2024
Government(91.44%), Corporate(6.51%), Cash Equivalent(2.05%) as on November 2024
Yield to Maturity is 7.03 as on November 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 8.63 as on November 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%