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. It has blossomed under Choudhary, who took its helm in October 2010. Given that duration is an integral part of the strategy, studying the macro scenario for taking interest-rate directional views forms the broader framework of the process. The view is determined by conducting a detailed analysis of 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 scenario. This is complemented by an overlay of technical factors where the team examines the supply/demand dynamics to get clarity on...