Morningstar: Mutual Fund Guide

IDFC Dynamic Bond Fund Investment Strategy IDFC Dynamic Bond’s advantages include the tenacity of lead manager Suyash Choudhary and a strong process that draws on the firm’s robust macroeconomic and fundamental research. Choudhary is at his best investing in an unconstrained manner and the fund’s investment strategy complements his style. Given duration is an integral part of this strategy, studying the macroeconomic scenario for taking an interest-rate directional view forms the broader framework of the process. The interest-rate direction is determined analyzing various influencing factors such as growth versus inflation, fiscal and current account deficit, private sector and government borrowings, fiscal and monetary policy view, money supply, currency market movement, and global interest-rate scenarios among others. This is complemented by an overlay of technical...