UTI Dynamic Bond Fund
UTI Dynamic
Bond Fund is well positioned to take advantage of the prevailing uncertainty in
the markets. It endeavours to generate optimal returns with adequate liquidity
through active management of the portfolio.
The fund is being managed
dynamically with active and more frequent duration calls in order to generate
alpha in line with the evolving interest rate scenario. It has the ability to
reduce maturity when interest rates are rising, thereby preserving capital and
can generate the attractive returns of an Income Fund when interest rates are
declining.
Mr.
Amandeep Chopra, Head of Fixed Income, UTI AMC said, “Post the rate-cut, RBI is
going to focus on transmission through a slew of tools and policies. Going
ahead, we think that the monetary easing which is being sought to ensure a
neutral liquidity in the system will help to some extent in the transmission.
So, further rate cuts are not going to lead to any further increase in credit
off take and at the same time will help keep the deposit growth rate stable. In
this scenario, funds having the ability and flexibility to tap opportunities across
the yield curve, like UTI Dynamic Bond Fund would benefit the investors.”
This fund
can form part of an investor’s strategic debt allocation to build a balanced
portfolio.
The fund has outperformed the benchmark, CRISIL Composite Bond Fund
Index across time horizons. The fund has generated a return of 9.32% against benchmark
returns of 8.19%
since inception (as March
31, 2016)
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