SBI Dynamic Bond Fund Direct Growth

SBI Dynamic Bond Fund Direct Growth

NAV as on 02-04-2025

₹ 38.63

Inception Returns

8.4%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
140 people have invested ₹ 48.1L in SBI Dynamic Bond Fund Direct Growth in the last three months

About SBI Dynamic Bond Fund Direct Growth

SBI Dynamic Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rajeev Radhakrishnan. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Dynamic Bond Fund Direct Growth has ₹3344 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.6.

Returns

SBI Dynamic Bond Fund Direct Growth has given a CAGR return of 8.35% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.07%, 8.21% and 7.01% respectively.

Holdings

SBI Dynamic Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Consumer Cyclical, Cash Equivalent. Its top holdings are 6.79% Government Of India (07/10/2034), 7.34% Govt Stock 2064, 8.83% Govt Stock 2041, 6.92% Govt Stock 2039, 7.3% Govt Stock 2053

Taxation

As it is a dynamic bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of SBI Dynamic Bond Fund Direct Growth

To provide investors attractive returns through investment in an actively managed portfolio of high quality debt securities of varying maturities.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. SBI Dynamic Bond Fund Direct Growth has no lock in period.

SBI Dynamic Bond Fund Direct Growth Overview

Expense ratio0.61%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹3344 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
0.2%
Lock InNo Lock-in
TurnOver
615.78%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (02-Apr-25)

Period
SBI Dynamic Bond Fund Direct Growth
Dynamic Bond Index
1M
2%
1.3%
3M
2.6%
1.8%
6M
3.4%
2.5%
1Y
9.1%
7.6%
3Y
8.2%
6.7%
5Y
7%
6.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Government
73%
Corporate
24.6%
Cash Equivalent
2.4%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 3.3K Cr
₹ 3.3K Cr
₹ 3.3K Cr
  • AUM of the fund stands at 3.3K Cr as of Feb'25
  • AUM decreased by 15.3 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Power Finance Corporation Ltd.'s allocation increased from 0.76% to 0.76%
Power Finance Corporation Ltd.'s allocation increased from 0.76% to 0.76%
Top Stocks sold last month
Highways Infrastructure Trust's allocation decreased from 4.97 % to 4.94 %
Highways Infrastructure Trust's allocation decreased from 4.97 % to 4.94 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 1.21 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 1.21 %
National Bank For Financing Infrastructure And Development's allocation decreased from 3.06 % to 0.76 %
National Bank For Financing Infrastructure And Development's allocation decreased from 3.06 % to 0.76 %
Cash allocation has gone up from 2% to 2.4%
Cash allocation has gone up from 2% to 2.4%
Debt allocation has gone down from 97.7% to 97.4%
Debt allocation has gone down from 97.7% to 97.4%

Top 3 Sectors in February were Government, Financial Services & Consumer Cyclical

Feb'25
Government
73%
Financial Services
70%
Consumer Cyclical
30%
Jan'25
Government
77%
Financial Services
70%
Consumer Cyclical
30%
  • Debt & Cash

Holdings
Weight%
1M Change
6.79% Government Of India (07/10/2034)
6.79% Government Of India (07/10/2034)
25.89%
26.3%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
15.99%
-38.7%
8.83% Govt Stock 2041
8.83% Govt Stock 2041
7.11%
0%
6.92% Govt Stock 2039
6.92% Govt Stock 2039
6.03%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
5.72%
-11.9%
Loading...
We are taking more time than usual
Rajeev Radhakrishnan
Rajeev Radhakrishnan
Fund Manager of SBI Dynamic Bond Fund Direct Growth, since 1 November 2023
Fund House
SBI Funds Management Ltd
Total Schemes
Total AUM
₹7.63L Cr
as on 28-Feb-2025
Address
9th Floor, Crescenzo,,C-38 & 39, G Block, Bandra Kurla Complex,,Bandra (East), Mumbai
Phone
91-22-66142900
Website
partnerforlife@sbimf.com

SBI Dynamic Bond Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.35% since inception which is more than its category average return of 6.44%
AUM size ₹3344 Cr

AUM size ₹3344 Cr

This fund has AUM of ₹3344 Cr which is more than its category average of ₹ 2034 Cr
Expense Ratio 0.61%

Expense Ratio 0.61%

This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 0.91%

More funds from SBI

SBI CRISIL IBX Gilt Index June 2036 Fund Direct Growth

SBI CRISIL IBX Gilt Index June 2036 Fund Direct Growth

1Y CAGR

▲ 10.30

SBI Magnum Constant Maturity Fund Direct Growth

SBI Magnum Constant Maturity Fund Direct Growth

5Y CAGR

▲ 6.50

SBI Long Duration Fund Direct Growth

SBI Long Duration Fund Direct Growth

1Y CAGR

▲ 9.52

SBI Magnum Gilt Fund Direct Growth

SBI Magnum Gilt Fund Direct Growth

5Y CAGR

▲ 7.34

SBI Credit Risk Fund Direct Plan Growth

SBI Credit Risk Fund Direct Plan Growth

5Y CAGR

▲ 7.76

Frequently Asked Questions for SBI Dynamic Bond Fund Direct Growth

The current NAV of SBI Dynamic Bond Fund Direct Growth is ₹38.63 as on 02-Apr-2025.
Existing (Absolute + CAGR) as on 02-Apr-2025.
SBI Dynamic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.03%
2.03%
6 Month Returns
3.36%
3.36%
1 Year Returns
9.07%
9.07%
3 Years Returns
26.7%
8.21%
5 Years Returns
40.29%
7.01%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.61% as on March 2025
₹3344 Cr as on March 2025
6.79% Government Of India (07/10/2034)(25.89%), 7.34% Govt Stock 2064(15.99%), 8.83% Govt Stock 2041(7.11%), 6.92% Govt Stock 2039(6.03%), 7.3% Govt Stock 2053(5.72%) as on March 2025
Government(65.42%), Corporate(31.93%), Cash Equivalent(2.65%) as on March 2025
Yield to Maturity is 7.29 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 8.4 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Rajeev Radhakrishnan is the fund manager of SBI Dynamic Bond Fund Direct Growth
The Exit load of SBI Dynamic Bond Fund Direct Growth is 0.25%