MAHINDRA MANULIFE DYNAMIC BOND FUND
(An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and moderate credit risk.)
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| Data as on 30th, June 2024 | ||||
| Investment Objective | The investment objective of the Scheme is to generate regular returns and capital appreciation through an active management of a portfolio constituted of money market and debt instruments across duration. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. |
| Fund Features | Mahindra Manulife Dynamic Bond Yojana endeavours to take advantage of interest rate movements. With the flexibility to counter a dynamic environment, the Scheme aims to generate regular returns and capital appreciation through active management of portfolio in line with the evolving interest rate scenario. |
| Fund Manager and Experience | Fund Manager: Mr. Rahul Pal Total Experience: 22 years Experience in managing this fund: 5 years and 11 months (managing since August 20, 2018) |
| Date of allotment | August 20, 2018 |
| Benchmark | CRISIL DynamicBond A-III Index |
| Minimum Application / Additional Purchase Amount: |
Rs. 1,000/- and in multiples of Re. 0.01/- thereafter. |
| Minimum Amount for Switch in | Rs. 1,000/- and in multiples of Re. 0.01/- thereafter. |
| Minimum Amount for Redemption / Switch-outs | Rs. 1,000/- or 100 units or account balance, whichever is lower in respect of each Option. |
| Available Plans | Direct (D) , Regular |
| Available Options under each plan | Growth (D), IDCW |
| Available Sub-Options under IDCW Option: | Discretionary (D), Quarterly |
| Available Facilities under IDCW Option | IDCW Reinvestment (D), IDCW Payout |
| SIP | Minimum Weekly & Monthly SIP Amount: Rs 500 and in
multiples of Re 1 thereafter Minimum Weekly & Monthly SIP Installments: 6 Minimum Quarterly SIP Amount: Rs 1,500 and in multiples of Re 1 thereafter Minimum Quarterly SIP installments: 4 |
| Monthly AAUM as on June 30, 2024 (Rs. in Cr.): | 58.11 |
| Quarterly AAUM as on June 30, 2024 (Rs. in Cr.): | 62.36 |
| Monthly AUM as on June 30, 2024 (Rs. in Cr.): | 45.33 |
| Total Expense Ratio1 as on June 30, 2024: | Regular Plan: 1.57% Direct Plan: 0.39% 1Includes additional expenses charged in terms of Regulation 52(6A)(b)of SEBI (Mutual Funds) Regulations, 1996 and Goods and Services Tax. IDCW: Income Distribution cum Capital Withdrawal |
| Load Structure: | Entry Load: N.A. Exit Load: Nil |
| Annualised Portfolio YTM*2: | 7.40% |
| Macaulay Duration: | 7.55 years |
| Modified Duration: | 7.28 |
| Residual Maturity: | 14.32 years |
| As on (Date) | June 30, 2024 |
| *In case of semi annual YTM, it will be annualised 2Yield to maturity should not be construed as minimum return offered by the Scheme. |
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| NAV/Unit | Regular Plan (In Rs.) |
Direct Plan (In Rs.) |
| Growth | 13.2413 |
14.1305 |
| IDCW | 11.4947 |
12.3484 |
| Quarterly IDCW | 10.4807 |
11.2808 |
| IDCW: Income Distribution cum Capital Withdrawal As June 29, 2024 and June 30, 2024, were non business days, the NAV disclosed above is as on June 28, 2024. |
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Issuer |
Rating |
% of Net Assets |
|
|---|---|---|---|
| Corporate Bond | 13.20% |
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360 One Prime Limited | CRISIL AA |
5.50% |
|
TVS Credit Services Limited | CRISIL AA |
5.49% |
|
Embassy Office Parks REIT | CRISIL AAA |
2.20% |
| Corporate Debt Market Development Fund | 0.40% |
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Corporate Debt Market Development Fund Class A2 | 0.40% |
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| Government Bond | 65.13% |
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7.18% GOI (MD 24/07/2037) | SOV |
23.43% |
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7.3% GOI (MD 19/06/2053) | SOV |
22.72% |
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7.1% GOI (MD 08/04/2034) | SOV |
14.43% |
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7.34% GOI (MD 22/04/2064) | SOV |
4.55% |
| State Government Bond | 11.23% |
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7.64% Maharashtra SDL (MD 25/01/2033) | SOV |
11.23% |
| Cash & Other Receivables | 10.04% |
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| Grand Total | 100.00% |
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| ( Top Holdings - Issuer wise) as on June 30, 2024) |
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| Mahindra Manulife Dynamic Bond Fund | CAGR Returns (%) |
Value of Investment of Rs. 10,000* |
NAV / Index Value (as on June 28, 2024) |
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| Managed by Mr. Rahul Pal | 1 Year |
3 Years |
5 Years |
Since Inception |
1 Year |
3 Years |
5 Years |
Since Inception |
|
| Regular Plan - Growth Option | 7.10 |
4.19 |
4.64 |
4.91 |
10,708 |
11,308 |
12,550 |
13,241 |
13.2413 |
| Direct Plan - Growth Option | 8.36 |
5.35 |
5.81 |
6.08 |
10,833 |
11,692 |
13,267 |
14,131 |
14.1305 |
| CRISIL Dynamic Bond A-III Index^ | 7.37 |
5.49 |
7.05 |
7.77 |
10,735 |
11,737 |
14,062 |
15,502 |
5,369.81 |
| CRISIL 10 Yr Gilt Index^^ | 7.30 |
4.15 |
5.50 |
6.74 |
10,728 |
11,296 |
13,076 |
14,657 |
4,640.60 |
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 20-Aug-18. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Since inception returns of the scheme is calculated on face value of Rs. 10 invested at inception. The performance details provided above are of Growth Option under Regular and Direct Plan. Different Plans i.e Regular Plan and Direct Plan under the scheme has different expense structure. *Based on standard investment of Rs. 10,000 made at the beginning of the relevant period. Note: As June 29, 2024 and June 30, 2024, were non business days, the schemes returns disclosed are as on June 28, 2024, , except for Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund which is as of June 30, 2024. For performance details of other schemes managed by the Fund Manager(s), please click here | Best Viewed in Landscape mode
| Mahindra Manulife Dynamic Bond Fund | Regular Plan |
Direct Plan |
CRISIL Dynamic Bond A-III Index ^ |
CRISIL 10 Yr Gilt Index^^ |
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| SIP Investment Period | Total Amount Invested (  ) |
Market Value ( ) |
CAGR Returns (%) |
Market Value ( ) |
CAGR Returns (%) |
Market Value ( ) |
CAGR Returns (%) |
Market Value ( ) |
CAGR Returns (%) |
| 1 Year | 120,000 |
125,358 |
8.51 |
126,152 |
9.79 |
125,379 |
8.54 |
125,477 |
8.70 |
| 3 Years | 360,000 |
393,267 |
5.85 |
400,279 |
7.05 |
398,304 |
6.71 |
397,795 |
6.62 |
| 5 Years | 600,000 |
676,924 |
4.78 |
696,983 |
5.95 |
701,854 |
6.23 |
685,619 |
5.29 |
| Since Inception | 700,000 |
806,338 |
4.80 |
834,444 |
5.97 |
850,205 |
6.60 |
825,872 |
5.61 |
^Benchmark ^^Additional Benchmark. CAGR – Compounded Annual Growth Rate. Inception/Allotment date: 20-Aug-18. Past performance may or may not be sustained in future and should not be used as a basis of comparison with other investments. Returns greater than 1 year period are compounded annualized. For SIP returns, monthly investment of equal amounts invested on the 1st business day of every month has been considered. CAGR Returns (%) are computed after accounting for the cash flow by using the XIRR method (investment internal rate of return). Note: As June 29, 2024 and June 30, 2024, were non business days, the schemes returns disclosed are as on June 28, 2024, except for Mahindra Manulife Liquid Fund and Mahindra Manulife Overnight Fund which is as of June 30, 2024. For SIP Performance please click here | Best Viewed in Landscape mode
**Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS
**Cash & Cash Equivalents includes Fixed Deposits, Cash & Current Assets and TREPS
Record Date |
Plan(s)/Option(s) |
Individuals/HUF (IDCW) |
Others (IDCW) |
Face Value |
Cum-IDCW NAV |
(Rs. per unit) |
(Rs. per unit) |
(Rs. per unit) |
(Rs. per unit) |
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15-Sep-23 |
Quarterly Regular IDCW |
0.25 |
0.25 |
10 |
10.4843 |
15-Sep-23 |
Quarterly Direct IDCW |
0.25 |
0.25 |
10 |
11.1362 |
15-Dec-23 |
Quarterly Regular IDCW |
0.20 |
0.20 |
10 |
10.3334 |
15-Dec-23 |
Quarterly Direct IDCW |
0.20 |
0.20 |
10 |
11.0233 |
14-Mar-24 |
Discretionary Regular IDCW |
1.00 |
1.00 |
10 |
12.2386 |
14-Mar-24 |
Discretionary Direct IDCW |
1.00 |
1.00 |
10 |
13.0286 |
14-Mar-24 |
Quarterly Regular IDCW |
0.20 |
0.20 |
10 |
10.4470 |
14-Mar-24 |
Quarterly Direct IDCW |
0.20 |
0.20 |
10 |
11.1886 |
Pursuant to payment of IDCW, the NAV of the IDCW Option(s) of the Scheme/Plan(s) falls to the extent of payout and statutory levy, if any. Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. For complete list of IDCWs, visit www.mahindramanulife.com. |
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