2 Best Performing Dynamic Bond Funds To Invest In 2021
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IDFC Dynamic Bond Fund Direct-Growth
This fund has been ranked “No.1” by CRISIL, 4 star by Value Research and 5 star by Morningstar which is pretty decent in terms of fund performance in different economic behaviour. According to Value Research, the IDFC Dynamic Bond Fund Direct-1-year Growth’s returns were 4.96 percent, and it has generated 9.33 percent average annual returns since its debut. The expense ratio for this medium-sized product in its category is 0.72 percent, which is higher than most other Dynamic Bond funds. The fund’s cash holdings are 57.8% and its debt holdings are 42.2 percent. As of 1st October 2021, the fund has a Net Asset Value (NAV) of Rs 29.81 and the Asset Under Management (AUM) of the fund is Rs 3,832.96 Cr. The fund has no exit load and one can start SIP in this fund with Rs 1000.
DSP Strategic Bond Direct Plan-Growth
The recent one-year returns on DSP Strategic Bond Direct Plan-Growth were 5.21 percent, and it has provided an average annual return of 8.76 percent since its debut. GOI, Food Corporation of India, Rural Electrification Corporation of India, and Housing Development Finance Corporation of India are among the fund’s top holdings. The expense ratio of this medium-sized Dynamic Bond fund is 0.52 percent, which is comparable to the expense ratio of most other Dynamic Bond funds. The consistency of returns generated by the DSP Strategic Bond Direct Plan-Growth plan is identical to those of other funds in its category and it has a fair potential to limit deficits in a bear market. The fund has a cash holding of 26.9% and a debt exposure of 73.2 percent. The fund’s Net Asset Value (NAV) is Rs 2,791.73 crore, and its Asset Under Management (AUM) is Rs 709.09 crore as of October 1, 2021. There is no exit load on this fund, and you may start investing in it with as little as Rs 500.
Best Dynamic Bond Funds To Invest In 2021
Based on CRISIL’s rating “No.1″and past performance, here are the two best Dynamic Bond Funds that you may invest in 2021.
| Funds | 1 mth returns | 6 mth returns | 1 Yr returns | 3 Yr returns | 5 Yr returns |
|---|---|---|---|---|---|
| IDFC Dynamic Bond Fund Direct-Growth | 0.17% | 3.43% | 4.96% | 10.74% | 8.51% |
| DSP Strategic Bond Direct Plan-Growth | 0.57% | 3.56% | 5.21% | 10.41% | 7.50% |
| Source: Groww |
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