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Reliance Dynamic Bond Fund

An open ended dynamic debt scheme investing across duration

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This product is suitable for investors who are seeking*:

  • Income over long term.
  • Investment in debt and money market instruments across duration

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them

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  • Investment Objective:
    The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt and Money Market Instruments.

Fund PerformanceGrowth Plan - Growth Option

  • Latest NAV (18 May 2018)22.9424


NAV as on Apr 27, 2018: ` 22.9613

Performance of Reliance Dynamic Bond Fund as on 30/04/2018
Particulars1 Year CAGR %3 Year CAGR %5 Year CAGR %Since Inception
Reliance Dynamic Bond Fund2.726.627.386.37
B: Crisil Composite Bond Fund Index3.707.577.877.05
AB: Crisil 10 Yr Gilt Index-1.015.745.596.22
Value of `10000 Invested
Reliance Dynamic Bond Fund10,27212,11614,27322,961
B: Crisil Composite Bond Fund Index10,36912,44114,59624,995
AB: Crisil 10 Yr Gilt Index9,89911,81913,12122,513
Inception Date: Nov 15, 2004
​​​B - Benchmark    |   AB - Additional Benchmark   
​​​Fund Manager: Prashant Pimple (Since Oct 2008)​
​​

​​PERFORMANCE OF OTHER OPEN ENDED SCHEMES MANAGED BY FUND MANAGER:Prashant Pimple

<
Scheme Name/sCAGR %
1 Year Return 3 Years Return5 Years Return
Scheme Benchmark Scheme Benchmark Scheme Benchmark
Top 3
Reliance Regular Savings Fund - Debt Option5.873.708.067.578.537.87
Reliance Corporate Bond Fund5.473.708.277.57N.A.N.A.
Reliance Short Term Fund5.145.537.317.627.938.28
Bottom 3
Reliance Gilt Securities Fund3.422.847.957.328.448.53
Reliance Income Fund 2.423.706.207.576.567.87
Reliance ETF Long Term Gilt*0.920.72​N.A.N.A.​N.A.N.A.
​​​

Note:

a.Mr. Prashant Pimple manages 7 open-ended schemes of Reliance Mutual Fund .

b. In case the number of schemes managed by a fund manager is more than six, in the performance data of other schemes, the top 3 and bottom 3 schemes managed by fund manager has been provided herein.

c. Period for which scheme’s performance has been provided is computed basis last day of the month-end preceding the date of advertisement.

d. Different plans shall have a different expense structure. The performance details provided herein are of Growth Plan (Regular Plan) .

*The Scheme does not offer any Plans/Options. The performance details are provided at Scheme level using Dividend Reinvestment NAV's.​

Mr. Prashant Pimple has been managing Reliance Dynamic Bond Fund since Oct 2008, Reliance Income Fund since Oct 2008, Reliance Gilt Securities Fund since Oct 2008, Reliance Short Term Fund since Oct 2008, Reliance Regular Savings Fund - Debt Option since Aug 2010, Reliance Corporate Bond Fund since Jun 2014, Reliance ETF Long Term Gilt since Jul 2016

Past performance may or may not be sustained in future and the same may not necessarily provide the basis for comparison with other Investment. Dividends (if any) are assumed to be reinvested at the prevailing NAV. In case of LIQUIDBEES, returns are based on gross dividend per unit declared by the Fund. Bonus (if any) declared has been adjusted. Performance of dividend option would be Net of Dividend distribution tax, if any. Face value of scheme is `10/- per unit. Face Value of Reliance Money Manager Fund is `1000/- per unit. Face Value of Reliance Liquidity Fund, Reliance Liquid Fund - Treasury Plan & Reliance Liquid Fund - Cash Plan is `1000/- per unit w.e.f 5th Aug 2012. Face value of Reliance ETF Junior BeES is `1.25/- per unit. Face value of Reliance ETF Liquid BeES is `1000/- per unit. Face value of Reliance ETF Gold BeES is ​ `100/- per unit. In case, the start/end date of the concerned period is non-business day (NBD), the NAV of the previous date is considered for computation of returns. Schemes which have not completed one year, performance details for the same are not provided. Performance details of closed ended schemes are not provided since these are not comparable with other schemes.​​​​​​

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Fund Details

  • Inception Date15 Nov 2004
  • Fund ManagerMr. Prashant Pimple
Current Investment Philosophy
    • The fund intends to maintain a dynamic approach towards portfolio management by actively managing duration in order to position the fund uniquely in different interest rate scenarios and benefit from any ensuing opportunity available in the debt market space.
    • The flexible asset allocation of the fund enables the fund manager to take opportunistic bets on G-Secs to increase duration as well as take exposure to money market instruments to provide liquidity.
    • The duration management depicts the investment philosophy of this fund which involves taking medium to long term calls on the interest rates which gets reflected on majority of the portfolio (60% - 80%) and tactical fund management on 10% - 20% of the portfolio to take benefit of the short term opportunities in the market.
    • The fund endeavors to generate superior returns through proactive duration management over a medium term horizon.
Minimum Investment
5000.00

    and in multiples of Re 1 thereafter

Fund Manager
Load Details

Entry Load*:

Not Applicable

*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.

Exit Load:**

1% if redeemed or switched out on or before completion of 12 months from the date of allotment of units.

Nil, thereafter.

**If charged, the same shall be credited to the scheme immediately net of Goods & Service tax, if any.

Product label

This product is suitable for investors who are seeking*:

  • Income over long term.
  • Investment in debt and money market instruments across duration

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them



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Details as on Apr 30 , 2018

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How to Invest?

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Other funds in such category

Reliance Income Fund An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 to 7 years. (Please refer to the page number of the Offer Document on which the concept of Macaulay’s Duration has been explained)-Growth Plan - Growth Option

Latest NAV

54.4354 18-May-2018

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