STUDY OF RISK OF SELECTED DYNAMIC BOND DEBT MUTUAL FUNDS

Indian mutual fund industry is developing rapidly. In research paper assessed risk of selected Dynamic Bond Debt Mutual Funds. In this study selected all CRISIL rated ten Dynamic Bond Debt Mutual Funds Direct Plan. Risk of selected Dynamic Bond Debt Mutual Funds evaluated with the help of Standard Deviation and Average Return. The average of average annual return of Dynamic Bond Debt Mutual Funds is 9.50% for the selected mutual funds. The average annual return is highest 11.31% ICICI Prudential All Seasons Bond Fund (Direct Plan) Growth Dynamic Bond Fund and average annual return is lowest 8.35% for HSBC Flexi Debt Fund (Direct Plan) Growth Dynamic Bond Fund The average standard deviation is 4.41% for Dynamic Bond Debt Mutual Funds. The standard deviation is highest 6.72% for ICICI Prudential All Seasons Bond Fund (Direct Plan) Growth Dynamic Bond Fund and standard deviation is lowest 0.73% for JM Dynamic Debt Fund (Direct) Growth Dynamic Bond Fund for the period 2014- 2018. This Study conclude that standard deviation is highest 6.72% for ICICI Prudential All Seasons Bond Fund (Direct Plan) Growth Dynamic Bond Fund so it is very high risky Dynamic Bond Debt Mutual Fund. Standard deviation is lowest 0.73% for JM Dynamic Debt Fund (Direct) Growth Dynamic Bond Fund so it is low risk Dynamic Bond Debt Mutual Fund.