| KOTAK DYNAMIC BOND FUND
An open ended dynamic debt scheme investing across duration.
A relatively high interest rate risk and moderate credit risk.
| KOTAK DYNAMIC BOND FUND
An open ended dynamic debt scheme investing across duration.
A relatively high interest rate risk and moderate credit risk.

  

  
Investment Objective
The investment objective of the Scheme is to maximise returns through an active management of a portfolio of debt and money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

The investment objective of the Scheme is to maximise returns through an active management of a portfolio of debt and money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved.


Issuer/Instrument Rating % to Net
Assets

Debt Instruments
Debentures and Bonds
Government Dated Securities
7.30% Central Government SOV 41.56
7.10% Central Government SOV 23.99
7.25% Central Government SOV 5.91
7.63% Maharashtra State Govt-Maharashtra SOV 1.31
7.09% Central Government SOV 0.83
GS CG 05/02/2029 - (STRIPS) SOV 0.39
7.38% Tamil Nadu State Govt-Tamil Nadu SOV 0.39
GS CG 05/08/2029 - (STRIPS) SOV 0.38
7.42% Karnataka State Govt-Karnataka SOV 0.20
6.53% Tamil Nadu State Govt-Tamil Nadu SOV 0.03
7.18% Central Government SOV 0.02
6.52% Karnataka State Govt-Karnataka SOV 0.02
6.62% Uttar Pradesh State Govt-Uttar Pradesh SOV 0.01
Government Dated Securities - Total 75.04
Public Sector Undertakings
REC LTD(^) CRISIL AAA 0.55
Public Sector Undertakings - Total 0.55
Corporate Debt/Financial Institutions
HDFC BANK LTD. CRISIL AAA 6.88
MUTHOOT FINANCE LTD. CRISIL AA+ 5.84
Tata Steel Ltd. (^) FITCH AA+ 2.50
BAJAJ FINANCE LTD. CRISIL AAA 0.83
Corporate Debt/Financial Institutions - Total 16.05
Triparty Repo 0.05
Alternative Investment Fund
CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 Alternative Investment Fund 0.27
Alternative Investment Fund - Total 0.27
Real Estate & Infrastructure Investment Trusts
Embassy Office Parks REIT Realty 2.72
INDUS INFRA TRUST Transport Infrastructure 1.21
BROOKFIELD INDIA REAL ESTATE TRUST Realty 1.20
CAPITAL INFRA TRUST INVIT Construction 0.66
NEXUS SELECT TRUST REIT Realty 0.49
Real Estate & Infrastructure Investment Trusts - Total 6.28
Net Current Assets/(Liabilities) 1.76
Grand Total 100.00

Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 10 years 7 years 5 years 3 years 1 year
Total amount invested (₹) 20,10,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on January 31, 2025 (₹) 40,65,144 17,41,798 10,73,871 7,07,531 4,04,354 1,24,917
Scheme Returns (%) 7.87 7.23 6.90 6.52 7.68 7.66
Nifty Composite Debt Index A-III Returns (%) 7.61 7.10 6.98 6.52 7.66 8.13
Alpha* 0.26 0.13 -0.07 0.00 0.01 -0.46
Nifty Composite Debt Index A-III (₹)# 39,67,474 17,29,542 10,76,737 7,07,499 4,04,264 1,25,211
CRISIL 10 Year Gilt Index (₹)^ 35,92,080 16,61,583 10,57,145 7,04,539 4,09,453 1,26,096
CRISIL 10 Year Gilt Index (%) 6.55 6.33 6.46 6.35 8.52 9.52

Scheme Inception : - May 26, 2008. The returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The SIP performance details provided herein are of Regular Plan - Growth Option plans have different expense structure. # Benchmark; ^ Additional Benchmark. Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer.

Net Asset Value (NAV)
RegularDirect
Growth Rs36.2268Rs39.3946
Quarterly IDCW Rs13.6483Rs13.8257
(as on January 31, 2025)

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager* Mr. Deepak Agrawal, Mr. Abhishek Bisen
Benchmark***Nifty Composite Debt Index A-III (Tier 1),
Nifty Composite Debt Index (Tier 2)
Allotment dateMay 26, 2008
AAUMRs3,026.71 crs
AUMRs3,035.23 crs
Folio count19,514


IDCW Frequency

At discretion of trustees


Debt Quant & Ratios
Average Maturity 19.08 yrs
Modified Duration 8.95 yrs
Macaulay Duration 9.30 yrs
Annualised YTM* 7.19%
$Standard Deviation 2.43%
*in case of semi annual YTM, it will be annualized.
Source: $ICRA MFI Explorer.

Minimum Investment Amount

Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter

Ideal Investments Horizon

• 2 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load: Nil.


Total Expense Ratio**
Regular Plan: 1.33%
Direct Plan: 0.58%

Data as on 31st January, 2025 unless otherwise specified.

Folio Count data as on 31st December 2024.

Fund


Benchmark: Nifty Composite Debt Index A-III


This product is suitable for investors who are seeking*:
  • Income over a medium term investment horizon
  • Investment in debt & money market securities across durations.

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

The above risk-o—meter is based on the scheme portfolio as on 31st December, 2024. An addendum may be issued or updated on the website for new riskometer.


**Total Expense Ratio includes applicable B30 fee and GST
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'