Morningstar: Mutual Fund Guide

1 SBI Dynamic Bond Investment Strategy Dinesh Ahuja has been the lead portfolio manager of this fund since February 2011 and has a total experience of over 20 years, with 13 years’ in fixed-income fund management. The fund follows a disciplined and risk conscious investment process that draws extensively from the in-depth expertise of the investment team. The fund is driven by a flexible mandate to move across the segment with an active-duration strategy. It employs a bottom-up investment approach combined with a top-down overlay to generate superior risk-adjusted returns. A top-down approach guides portfolio position around the predetermined risk parameters by assessing gross domestic product or inflation, fiscal policy, interest rate, liquidity, yield curve and credit spread, and so on, while the intensive bottom-up credit research uses an in-house model for security selection....