HDFC Dynamic Debt Fund – Direct Plan – Growth

ISIN INF179K01WB4

As it is visible from the chart the trail is mostly in the bottom right quadrant which shows that fund underperformed the benchmark with relatively higher risk.

The tracking error is as high as 6.4% which indicates that the manager seeks alpha at the expense of higher relative risk.

As we can see in the chart the IR is less than 1 which indicates that the fund did not generate exceptional excess returns compared to the benchmark which is CRISIL Dynamic bond fund index.

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