| KOTAK DYNAMIC BOND FUND
An open ended dynamic debt scheme investing across duration.
A relatively high interest rate risk and moderate credit risk.
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.
(as on July 31, 2025)
*in case of semi annual YTM, it will be annualized.
Source: $ICRA MFI Explorer.
This product is suitable for investors who are seeking*:
An open ended dynamic debt scheme investing across duration.
A relatively high interest rate risk and moderate credit risk.
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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 | 41.80 |
| 6.79% Central Government | SOV | 5.73 |
| 7.25% Central Government(^) | SOV | 4.45 |
| 7.09% Central Government | SOV | 4.40 |
| 6.90% Central Government | SOV | 2.05 |
| 7.63% Maharashtra State Govt(^)-Maharashtra | SOV | 1.42 |
| 7.38% Tamil Nadu State Govt-Tamil Nadu | SOV | 0.42 |
| 7.42% Karnataka State Govt-Karnataka | SOV | 0.21 |
| 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 | 60.56 | |
| Public Sector Undertakings | ||
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | ICRA AAA | 7.11 |
| REC LTD | ICRA AAA | 0.88 |
| REC LTD(^) | CRISIL AAA | 0.59 |
| Public Sector Undertakings - Total | 8.58 | |
| Corporate Debt/Financial Institutions | ||
| MUTHOOT FINANCE LTD. | CRISIL AA+ | 6.32 |
| BAJAJ FINANCE LTD. | CRISIL AAA | 4.45 |
| HDFC BANK LTD. | CRISIL AAA | 4.34 |
| HDFC BANK LTD.(^) | CRISIL AAA | 3.07 |
| Tata Steel Ltd. (^) | CARE AA+ | 2.68 |
| INDIGRID INFRASTRUCTURE TRUST | CRISIL AAA | 1.75 |
| Corporate Debt/Financial Institutions - Total | 22.61 | |
| Triparty Repo | 0.12 | |
| Alternative Investment Fund | ||
| CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 | Alternative Investment Fund | 0.29 |
| Alternative Investment Fund - Total | 0.29 | |
| Real Estate & Infrastructure Investment Trusts | ||
| Embassy Office Parks REIT | Realty | 3.06 |
| BROOKFIELD INDIA REAL ESTATE TRUST | Realty | 1.35 |
| INDUS INFRA TRUST | Transport Infrastructure | 1.31 |
| NEXUS SELECT TRUST REIT | Realty | 0.55 |
| Real Estate & Infrastructure Investment Trusts - Total | 6.27 | |
| Net Current Assets/(Liabilities) | 1.57 | |
| Grand Total | 100.00 | |
| Monthly SIP of (₹) 10000 | Since Inception | 10 years | 7 years | 5 years | 3 years | 1 year |
| Total amount invested (₹) | 20,70,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on July 31, 2025 (₹) | 42,84,366 | 17,40,948 | 10,74,735 | 7,12,648 | 4,06,067 | 1,24,292 |
| Scheme Returns (%) | 7.88 | 7.23 | 6.93 | 6.82 | 7.99 | 6.74 |
| Nifty Composite Debt Index A-III Returns (%) | 7.72 | 7.30 | 7.25 | 7.15 | 8.50 | 8.80 |
| Alpha* | 0.16 | -0.07 | -0.31 | -0.33 | -0.51 | -2.06 |
| Nifty Composite Debt Index A-III (₹)# | 42,18,869 | 17,47,132 | 10,86,791 | 7,18,488 | 4,09,135 | 1,25,584 |
| CRISIL 10 Year Gilt Index (₹)^ | 38,31,175 | 16,87,487 | 10,71,344 | 7,20,568 | 4,13,590 | 1,25,796 |
| CRISIL 10 Year Gilt Index (%) | 6.72 | 6.63 | 6.84 | 7.26 | 9.23 | 9.14 |
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. Since Inception returns are assumed to be starting from the inception
date of the Scheme and calculated accordingly. 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. The SIP
performance details provided herein are of Regular Plan - Growth Option Different 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)
| Regular | Direct | |
| Growth | Rs37.6373 | Rs41.0824 |
| Quarterly IDCW | Rs14.1797 | Rs14.4181 |
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 |
| Allotment date | May 26, 2008 |
| AAUM | Rs2,876.74 crs |
| AUM | Rs2,861.36 crs |
| Folio count | 19,439 |
IDCW Frequency
At discretion of trustees
Debt Quant & Ratios
| Average Maturity | 18.03 yrs |
| Modified Duration | 7.77 yrs |
| Macaulay Duration | 8.09 yrs |
| Annualised YTM* | 7.12% |
| $Standard Deviation | 3.23% |
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: | 0.59% |
Data as on 31st July, 2025 unless
otherwise specified.
Folio Count data as on 30th June 2025.
Folio Count data as on 30th June 2025.
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.
For latest Riskometer, investors may refer to an addendum issued or updated on website at www.kotakmf.com
(^) Fully or Party blocked against Interest Rate Swap (IRS) (^)This scheme has exposure
to floating rate instruments and / or interest rate derivatives. The duration of these instruments is linked to the interest rate reset period. The interest rate risk in a floating rate instrument or in a fixed rate instrument hedged with
derivatives is likely to be lesser than that in an equivalent maturity fixed rate instrument. Under some market circumstances the volatility may be of an order greater than what may ordinarily be expected considering only its
duration. Hence investors are recommended to consider the unadjusted portfolio maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments. Hedging Position through Interest
Rate Swaps as on 31 Jul 2025 is 20.09% of the net assets.
**Total Expense Ratio includes applicable 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'
**Total Expense Ratio includes applicable 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'