Product Snapshot

 
Fund Name
IDBI DYNAMIC BOND FUND  
 
NatureAn open ended dynamic debt scheme investing across duration.
Investment Objective The investment objective of the Scheme is to generate income while maintaining liquidity through active management of a portfolio comprising of debt and money market instruments.
Asset Allocation The asset allocation pattern for the scheme is detailed in the table below:
Instrument Indicative Allocation

Risk Profile
  Minimum Maximum  
Debt instruments (including fixed/floating rate debt instruments, government securities and securitized debt) 0% 100% Low to Medium
Money Market instruments 0% 100% Low
For more details on Asset Allocation please refer Scheme Information Document(SID)
Fund Manager Mr. Raju Sharma
BenchmarkCRISIL Composite Bond Fund Index
Face ValueRs. 10/- per unit.
Entry Load Not Applicable
Exit Load For exit (Redemption/Switch-out/Transfer/SWP)
-Up to & including 18 months from the date of allotment – 2%
-After 18 months – Nil
For SIP
Exit load will be applicable from the date of allotment of each installment.
Plans & Options
The Scheme offers following plans for investment :-
  1. Regular Plan
  2. Direct Plan

Within each Plan there are two Options:
  1. Dividend Option
  2. Growth Option

The Dividend Option under both the Plans offers following modes of Dividend:
  1. Dividend Payout
  2. Dividend Reinvestment and
  3. Dividend Sweep

Minimum Investment Rs. 5000 and in multiples of Re. 1 thereafter.
Additional Purchase Rs.1000 and in multiples of Re. 1 thereafter.
Systematic Investment Plan (SIP)
Monthly option - Rs. 500 and in multiples of Re. 1/- thereafter per month, for atleast 12 months
or
Rs. 1000 and in multiples of Re. 1/- thereafter per month, for a minimum period of 6 months.
Quarterly option -
Rs. 1500 and in multiples of Re. 1/- per quarter thereafter for a minimum period of 4 quarters.
Investments above the minimum amount mentioned, shall be made in multiples of Re. 1 for all SIP
irrespective of frequency of SIP or the Option.
Systematic Transfer Plan (STP)
Minimum balance in the Scheme should be Rs.25,000/- at the time of enrollment.
Sub-options for STP Eligible dates for effect Minimum amount per transfer* Minimum term / duration applicable
Weekly 1st Business day of the week Rs. 1,000/- 12 Instalments
Monthly 1st, 5th, 10th, 15th, 20th and 25th of the month Rs. 1,000/- 12 Instalments
Quarterly 1st, 5th, 10th, 15th, 20th and 25th day of first month of the each quarter Rs. 2,500/- 4 Instalments
(*Multiples of Re.1/- thereafter except under IEAF where STP will be made at a minimum of Rs.500/- and in multiples of Rs.500/- thereafter.)
Systematic withdrawal Plan (SWP)
Minimum balance in the Scheme should be Rs.25,000/- at the time of enrollment.
Minimum amount for each withdrawal is Rs.1000/- and in multiples of Re.1/- thereafter for a minimum period of 6 months. Withdrawal on 25th of each month or, if 25th is a holiday, then the next effective business day.
Taxation
IDBI Dynamic Bond Fund Resident Investor** Mutual Fund**
Tax on Dividend (Dividend Distribution Tax) NIL Individual / HUF - 25% p.a. (plus applicable surcharge & cess) Others- 30% p.a. (plus applicable surcharge & cess)
Capital Gain    
Long Term
(for Units held for more than 36 months)
20% with indexation (plus applicable surcharge & cess) NIL
Short Term Rates applicable to Unitholders as per their income slabs (plus applicable surcharge & cess) NIL

**For further details on taxation please refer to the Section on Taxation in the SAI and independently refer to your tax advisor and to the latest Tax Reckoner. Investors should be aware that the fiscal rules/ tax laws may change and there can be no guarantee that the current tax position may continue indefinitely. In view of the individual nature of the tax consequences, each investor is advised to consult his/ her own professional tax advisor.
Riskometer
This product is suitable for investors who are seeking*:
  • Generate income along with attendant liquidity through active management of portfolio with at least medium term horizon
  • Investments in Debt (including Government Securities) / Money Market Instruments
*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.