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Dynamic bond Gilt Funds is a category of Debt fund. The fund invests in fixed Income securities consisting of varying maturity periods. Here, the major role is of the fund manager who decides on which funds they need to invest based on their perception of the interest rate scenario. According to their viewpoint about the interest rate movement, they invest in funds across various maturity periods of debt instruments. Hence, investors who are puzzled about the interest rate scenario can ideally prefer Investing in this fund.
Here are the best Dynamic Bond Gilt Funds that you could choose while investing in this fund.
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Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2022 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity Exit Load Aditya Birla Sun Life Government Securities Fund Growth ₹70.1062
↑ 0.02 ₹1,434 0.6 4 5.9 4.4 1.7 7.22% 4Y 4D 4Y 11M 1D 0-90 Days (0.5%),90 Days and above(NIL) ICICI Prudential Gilt Fund Growth ₹88.5115
↑ 0.03 ₹4,001 1.7 4.8 8.5 5.5 3.7 7.88% 2Y 5M 23D 7Y 9M 11D NIL SBI Magnum Gilt Fund Growth ₹56.8857
↑ 0.01 ₹7,060 0.5 4.8 8.2 5.3 4.2 7.12% 3Y 4M 28D 4Y 4M 28D NIL UTI Gilt Fund Growth ₹54.2471
↑ 0.02 ₹536 0.7 3.9 6.8 4.1 2.9 6.93% 3Y 11M 19D 4Y 8M 8D NIL Nippon India Gilt Securities Fund Growth ₹32.9536
↑ 0.01 ₹1,411 0.3 4 6.5 3.8 2.1 7.24% 4Y 8M 19D 6Y 6M 25D 0-15 Days (0.25%),15 Days and above(NIL) DSP BlackRock Government Securities Fund Growth ₹82.1864
↑ 0.05 ₹592 0.9 4.6 6.9 4.9 2.7 7.41% 5Y 4D 10Y 7M 10D 0-7 Days (0.1%),7 Days and above(NIL) L&T Gilt Fund Growth ₹57.7309
↑ 0.01 ₹223 0.1 3.1 4.6 3.2 1.9 7.03% 2Y 9M 14D 3Y 6M 4D NIL IDFC Government Securities Fund - Investment Plan Growth ₹30.1791
↑ 0.01 ₹1,462 0.2 4 5.6 3.9 1.4 7.29% 4Y 6M 11D 5Y 8M 16D NIL TATA Gilt Securities Fund Growth ₹67.9931
↓ -0.02 ₹276 0.6 4.9 6.4 3.8 2.4 7.33% 8Y 7M 28D 17Y 2M 19D 0-180 Days (0.5%),180 Days and above(NIL) HDFC Gilt Fund Growth ₹47.706
↑ 0.02 ₹2,038 0.8 4 6.2 4 1.7 7.28% 3Y 10M 7D 6Y 29D NIL Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23
Fincash has employed the following parameters for shortlisting the top performing funds:
Past Returns: Return analysis of last 3 years.
Parameters & Weights: Information ratio with some modifications for our ratings and rankings.
Qualitative & Quantitative Analysis: Quantitative measures like Average Maturity, Credit Quality, Expense Ratio, Sharpe Ratio, Sortino Ratio, Alpa, including fund age and the size of the fund has been considered. Qualitative analysis like the reputation of the fund along with the fund manager is one of the important parameters that you would see in the listed funds.
Asset Size: The minimum AUM criteria for debt Mutual Funds are INR 100 Crores with some exceptions at times for new funds that are doing well in the Market.
Performance with Respect to Benchmark: Peer average.
Some of the important tips to consider while investing in dynamic bond gilt funds are:
Investment Tenure: Investors planning to invest in dynamic bond gilt funds should stay invested for minimum 3-5 years.
Invest via a SIP: SIP or Systematic Investment plan is the most efficient way to invest in a Mutual Fund. They not only provide a systematic way of investing, but also ensures regular investment growth. You can invest in a SIP with an amount as low as INR 500.