Aditya Birla SL Dynamic Bond Fund(D)-Direct Plan

Aditya Birla SL Dynamic Bond Fund(D)-Direct Plan
Dividend Yearly
0.75  (As on 22-03-2019)
Category
Debt - Short Term Income
52-week NAV high
14.94  (As on 19-09-2019)
52-week NAV low
13.82  (As on 25-11-2019)
Expense
0.56%  (As on 30-07-2015)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns -4.32 -6.00 -2.80 -1.57 0.77 0.51 4.36 - -
Scheme Details
Fund Type
Open Ended
Investment Plan
Dividend
Bonus
0
Launch Date
Jan 13, 2015
Last Dividend
0.75
Minimum Investment
1000

The Aditya Birla Sun Life Dynamic Bond Fund - Direct Plan - Dividend is an open-ended dynamic debt scheme offered by Aditya Birla Capital Limited (ABCL). ABCL is a leading financial services firm in India and is a part of the Aditya Birla Group. The Aditya Birla Sun Life Dynamic Bond Fund invests in high quality debt and money market securities across duration.

Through the direct plan of the scheme, investors have an option to invest directly with the fund house without the involvement of an intermediary and hence, have a low expense ratio. The dividend option of the scheme offers regular income to the investor.

Investment Objective

To yield optimal returns for the investor while also offering high liquidity by actively managing a portfolio comprising debt and money market securities.

Key Features of the Scheme

The Aditya Birla Sun Life Dynamic Bond Fund is ideal for investors who wish to invest in high quality corporate bonds and government securities. The key features of the scheme are as follows:

Type of Fund

An open-ended income scheme

Plans Available

Regular and Direct

Options Under Each Plan

  • Growth Option
  • Dividend Option

The dividend option offers payout, reinvestment, and sweep options

Risk

Moderate

Systematic Investment Plan

Available

Systematic Transfer Plan

Available

Systematic Withdrawal Plan

Available

Investment Amount for Aditya Birla Sun Life Dynamic Bond Fund

Minimum Application Amount

Rs.1,000

Minimum Additional Investment

Rs.1,000

Minimum Installment for Systematic Investment Plan (SIP)

Rs.1,000 per month (minimum 6 instalments)

Minimum installment for Systematic Withdrawal Plan (SWP)

Rs.1,000

Entry Load

Nil

Exit Load

  • 0.5% exit load will be charged on redemption/switch out before 90 days from unit allotment date.
  • No exit load will be charged after 90 days from unit allotment date.
  • Also, up to 15% of the units can be redeemed or switched out before 90 days from unit allotment date without any exit load.

Asset Allocation for Aditya Birla Sun Life Dynamic Bond Fund

Instrument

Asset Allocation Range

Normal Allocation

Risk Profile

Securities issued by Government of India

0% to 100%

50% to 65%

Sovereign

Corporate bonds

0% to 100%

25% to 35%

Low to Medium

Cash or liquid securities including money market securities and short-term debt papers

0% to 100%

0% to 25%

Low

NAV Disclosure and Benchmark for Aditya Birla Sun Life Dynamic Bond Fund

The NAV (Net Asset Value) of the Aditya Birla Sun Life Dynamic Bond Fund per unit is calculated by dividing the net assets of the scheme (market/fair value of the scheme’s investments plus current assets minus the current liabilities and provisions) by the number of outstanding units on the day of valuation. The fund house will compute the NAV and disclose it at the end of each business day. The units will be allocated up to 3 decimal places while the NAV will be calculated up to 4 decimals.

The calculated NAV will be sent for publication by the Asset Management Company (AMC) to at least 2 newspapers circulated nationwide and daily. The website of the AMC and the Association of Mutual Funds in India (AMFI) will also display the NAV of the scheme at www.mutualfund.adityabirlacapital.com and www.amfiindia.com respectively. The websites will display the NAV by 9:00 p.m on the same day the NAV is declared.

Benchmark: CRISIL Short Term Bond Fund Index

Fund Manager - Mr. Maneesh Dangi and Mr. Pranay Sinha

The Aditya Birla Sun Life Dynamic Bond Fund is managed by Mr. Maneesh Dangi and Mr. Pranay Sinha. Mr. Dangi has been managing the scheme since 12 September 2007 and has more than 18 years of experience in the finance domain. He has previously worked with Pioneer Investcorp and apart from this scheme, he also manages various other schemes such as Aditya Birla Sun Life Corporate Bond Fund, Aditya Birla Sun Life Credit Risk Fund, Aditya Birla Sun Life Short Term Opportunities Fund, etc.

Mr. Pranay Sinha has been managing the scheme since 1 April 2017 and has over 12 years of experience in financial markets. The other schemes managed by him include Aditya Birla Sun Life Income Fund, Aditya Birla Sun Life Regular Savings Fund, Aditya Birla Sun Life Gold ETF, etc.

Why you should invest in the Aditya Birla Sun Life Dynamic Bond Fund

  • High quality investments - The Aditya Birla Sun Life Dynamic Bond Fund invests in high-quality government securities and corporate bonds which have a potential of yielding good returns.
  • Flexibility - Being a dynamic fund it has the flexibility to change its investment allocation. For instance, if there is a likelihood of the interest rates rising, the fund will change the allocation to short-term bonds that mature faster. Doing this will allow the fund to invest in newer bonds with higher rates and consequently, benefit from the increase in interest rates over time.

High liquidity - Since the scheme is open-ended, investors can redeem their investments any time. The redeemed amount will be credited to the bank account of the investor within 10 business days from the redemption request receipt date.

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