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IIFL Dynamic Bond Fund Direct Monthly Dividend Payout

Debt

  

Dynamic Bond

NAV

12.315 + 0.1367

as on (27 Mar, 2020)

RETURNS

5.51 %

Fund Type

Open Ended

Investment Plan

Dividend Payout

Expense Ratio

0.69 %

Benchmark

CRISIL Composite Bond Fund TR INR

Asset Size

282.3 Cr.

(As of 30 Apr, 2019)

Risk

Moderate

Objective

The investment objective of the scheme is to generate income and long term gains by investing in a range of debt and money market instruments of various maturities. The scheme will seek to flexibly manage its investment across the maturity spectrum with a view to optimize the risk return proposition for the investors.

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Fund manager

ankur parekh

(since 08 Mar, 2017)

Exit load

1 %

(If redeemed within 540 days)

Minimum sip

₹ 1000

minimum investment

₹ 10000

Top Holdings

This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.

Company

Assets

Hindalco Industries Limited

6.9 %

HPCL-Mittal Energy Limited

6.84 %

Vedanta Limited

6.67 %

Muthoot Finance Limited

6.57 %

Sector Allocation

About the Scheme Type

Dynamic Bond

Dynamic Bond Fund’s objective is to deliver optimal returns not just in rising but during falling market conditions as well. These are aggressive income funds and their positioning depends a lot on the fund manager. Dynamic bond funds have no restriction of investing in any particular type of securities and can behave either like short term or long term depending on where the interest rates are headed. The risk factor in the case of Dynamic Bond Funds when your Fund Manager’s calls go wrong, in which case you could end up incurring losses.

Ratings

This fund is rated 3 stars by Morning Star Ratings.

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Overview of IIFL Asset Management Limited

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