An open ended dynamic debt scheme investing across duration. Relatively High interest rate risk and Relatively Low Credit Risk.

The Fund invests predominantly into State Development Loans (SDLs). It is also enabled to invest into PSU Bonds, at appropriate times. It intends to construct portfolio with a maturity of 9-10 years, which would gradually rolldown the duration as we go along.

November 15, 2004

Pranay Sinha
Vivek Sharma

CRISIL Dynamic Bond Fund AIII Index

Monthly Average :	₹ 3,239.96 Cr
Month End :	₹ 3,214.61 Cr

Growth Plan	₹ 30.6999
IDCW Plan	₹ 20.6494
Quarterly IDCW Plan	₹ 10.1835
Direct - Growth Plan	₹ 32.6247
Direct - IDCW Plan	₹ 23.5705
Direct - Quarterly IDCW Plan	₹ 10.2780

Entry Load:	Nil
Exit Load:	Nil

Average Maturity

7.24 Years

Modified Duration

5.44 Years

Annualized portfolio YTM*

7.68%

*In case of semi annual YTM, it has been annualised

Macaulay Duration

5.64 Years

Regular/Other than Direct	0.72%
Direct	0.28%

Past performance may or may not be sustained in future. It is assumed that a SIP of ₹10,000 each executed on 10th of every month including the first installment in the Growth option of the Fund. Returns on SIP and Benchmark are annualized and cumulative investment return for cash flows resulting out of uniform and regular monthly subscriptions have been worked out on excel spreadsheet function known as XIRR. Load has not been taken into consideration.
B: Benchmark, AB: Additional Benchmark, TRI: Total Return Index
TRI - Total Returns Index reflects the returns on the index arising from (a) constituent stock price movements and (b) dividend receipts from constituent index stocks, thereby showing a true picture of returns.
For scheme performance please click here. For Fund manager wise scheme performance click here.

Past performance may or may not be sustained in future. Pursuant to IDCW payment, NAV falls to the extent of payout & statutory levy (if applicable). Face Value-₹ 10.