Indiabulls Liquid Funds  - IndiabullsAMC

Indiabulls Dynamic Bond Fund

Type of Scheme: An Open-Ended dynamic debt scheme investing across duration

Investment Objective: "To generate reasonable returns commensurate with the risk taken by active duration management of the portfolio. The Scheme would be investing in debt instruments including but not limited to bonds, debentures, government securities and money market instruments over various maturity periods. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme(s) does not assure or guarantee any returns."
This product is suitable for investors who are seeking*
Dynamic debt scheme investing across duration
Income over medium to long term
Investment in debt instruments including but not limited to bonds, debentures, government securities and money market instruments over various maturity periods
Moderate Risk
RISKOMETER

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

Asset Allocation

Instruments Indicative allocation (% of net assets) Risk Profile
  Minimum Maximum (Low/Medium/high)
Debt instruments * 0% 100% Low to Medium
Money Market Instruments 0% 100% Low to Medium

 

*securitized debt cumulative allocation not to exceed 25% of the net assets of the Scheme (excluding foreign securitized debt).

The Fund Manager would seek to enhance returns by trading on the shape of the yield curve in the short to medium time frame and also on the differentiated premia offered by the market to different issuers of debt. For example the spread between a similar maturity instrument issued by a bank, a NBFC and a manufacturing concern can vary from 100 bps to 500 bps. But it has to be understood that there would be a trade off in terms of their respective liquidity. As the Funds objective to maximize returns without compromising on safety and liquidity, the portfolio would be constructed with a judicious mix of instruments issued by the universe of eligible issuers across the spectrum. Portfolio maturity is determined after analyzing the macroeconomic environment including future course of system liquidity, interest rates and inflation along with other considerations in the economy and markets.

 

  • Nature of the Scheme :
    An Open-Ended dynamic debt scheme investing across duration
  • Inception Date :
    6th December, 2018 
  • Benchmark Index :
    CRISIL Composite Bond Fund index
  • Load Structure :
    Entry : Not Applicable,
    Exit Load: Redemption/Switch on or before 12 months of subscription: 3%
    Redemption/Switch on or before 24 months of subscription: 2%
    Redemption/Switch on or before 36 months of subscription: 1%
    Post completion of 36 months: Nil
  • Options :
    Growth & Dividend
  • Minimum Application Amount :
    Rs. 500 and in multiples of Re. 1 thereafter
    Rs. 500 and in multiples of Re. 1 thereafter (For Systematic Investment Plan (SIP)
  • Minimum Amount for Redemption/Switch out :
    Minimum of Rs. 500 or account balance, whichever is lower and in multiples of Re. 1 thereafter.

 

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Mr. Malay Shah (Head – Fixed Income)

malay.s@indiabulls.com

He has exposure to Debt – Dealing and Fund Management. Prior to joining Indiabulls Mutual Fund, he was working in the capacity of Head – Fixed Income with Peerless Funds Management Co. Ltd, managing all the debt Schemes.