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Dynamic Bond Fund

(ULIF-015-15/04/04-DYBNDFND-107)

If you had invested ₹10,000 for 10 years ​you would get ₹17 Lakhs @8%* ₹13.9 Lakhs @4%* +Life Cover Included

6%

(BenchMark)

5.2%

(Kotak Dynamic Bond Fund Returns)

(5 year returns as on 29th August 2025)

What is Kotak Life’s Dynamic Bond Fund

The Dynamic Bond Fund from Kotak Life is a type of debt fund that is part of debt schemes. It is meant to strike a balance between safety and returns. The fact that this fund is dynamic is what makes it special. The fund manager here actively changes the portfolio by moving between long-term and short-term bonds with different credit qualities. This is how they handle the constantly changing interest rate environment.

This flexibility lets the fund make the most of its returns and keep risk under control. Also, it combines professional, flexible debt management with the basic protection that comes with a life insurance policy, making it a smart way to build a strong and stable investment portfolio.

Kotak Life Fund Example

How the Fund Works

The Kotak Life Dynamic Bond Fund's goal is to make steady and good returns by actively managing a portfolio of debt instruments. Unlike funds that have a strict and unchanging investment mandate, the fund manager here can change the structure of the portfolio based on their view of the economy and, most importantly, on changes in interest rates.

For example:

  • When interest rates are expected to go down, the manager can buy government and corporate bonds with longer maturities to maximize capital gains.
  • If interest rates are likely to go up, they can move the portfolio to shorter-term bonds to keep the fund's value safe from possible losses.

The fund's goal is not just to buy bonds; it is about how smartly it navigates the complicated debt market. It tries to make steady returns and handle risk well, no matter which way interest rates are going. This makes it a strong choice for building wealth over time.

DYNAMIC BOND FUND

(ULIF-015-15/04/04-DYBNDFND-107)

Last 5-year Returns

5.2%

Fund Returns

6%

Benchmark

Last 1-year Returns

6%

Fund Returns

7%

Benchmark

Since Inception

7.9%

Fund Returns

6.8%

Benchmark

(As on 29th August 2025)

Benchmark Details: Debt: 100% (Crisil Composite Bond)

Investment Objective

Aims to preserve capital and minimize downside risk, with investment in corporate debt and government instruments

Investment Illustration

Our Best-Selling plans offering Classic Opportunities Fund

In this policy, the investment risk in investment portfolio is borne by the policyholder

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The Linked Insurance Products do not offer any liquidity during the first five years of the contract. The policyholder will not be able to surrender or withdraw the monies invested in Linked Insurance Products completely or partially till the end of the fifth year.

Benefits of Kotak Life’s Dynamic Bond Fund

Beyond its core objective, the Kotak Life’s Dynamic Bond Fund has a lot of other benefits that make it a great choice for investors who want stability and smart growth. Here is a list of the most important benefits.

Pure Risk Coverage

Actively Managed Debt Portfolio for Optimal Returns

The main advantage is that it is managed by highly trained professionals who monitor the trends in interest rates, inflation, and other economic actions. This will allow them to adjust the duration of the portfolio dynamically like only having long-term bonds at the time where the interest rates are expected to decline (in order to maximize profit) and having short-term bonds when the rates are expected to increase (in order to maintain the capital). This active navigation is intended to gain the best returns under various market conditions.

Pure Risk Coverage

Competitive Long-Term Performance

The fund has a history of making steady and competitive returns over the medium to long term. Its flexible strategy lets it do well in different interest rate cycles, and it aims to give better returns than traditional fixed-income products like fixed deposits. While past performance does not guarantee future results, a strong track record reflects the fund management's expertise.

Pure Risk Coverage

Well-Structured Asset Allocation

The fund puts its money into a carefully chosen mix of high-quality debt instruments, such as government securities, which are backed by the government, and well-rated corporate bonds. This disciplined and well-organized way of allocating assets gives a strong base of credit quality that balances the two goals of generating returns and keeping capital safe.

Pure Risk Coverage

Low Minimum Investment & No Exit Load

This fund is available through ULIPs, which makes it easy for regular investors to get into the professionally managed bond market. The ULIP plan itself has a 5-year lock-in period, but you can usually switch between funds, like from an equity fund to this bond fund, without paying an exit load. This gives you flexibility as your investment plans change.

Flexibility

Moderately Low Volatility with Medium-Term Horizon

The Dynamic Bond Fund is a great middle ground. It is a stable part of any investment portfolio because it has much less volatility than equity funds. Its active management also means that it could generate more returns than liquid or money-market funds. This profile is perfect for investors who are willing to take on some risk but not too much, and who want to invest for three to five years or more.

Who Should Invest in Kotak Life’s Dynamic Bond Fund

Understanding if a fund is the right fit for your financial personality is important. is crafted for investors with a specific risk appetite clear set of goals and portfolio diversification through asset allocation. This fund is an excellent choice for the following individuals:

Pure Risk Coverage

Investors Seeking Income with Capital Preservation

If your primary goal is to generate a steady stream of returns while keeping your initial capital relatively safe, this fund is tailor-made for you. This fund focuses on stability, unlike equity funds that look for high growth. It builds a strong base by putting money into high-quality government and corporate bonds and protects your principal investment while also working to provide steady income and growth.

Pure Risk Coverage

Medium-Term Horizon Investors (2+ Years)

This fund is designed for investors with a medium-term investment outlook, usually two to seven years. The dynamic strategy needs time to effectively navigate interest rate cycles. While the ULIP itself has a mandatory five-year lock-in period, this fund is ideal for goals like making a down payment for a car, funding a home renovation, or accumulating capital for a milestone that is a few years away.

Pure Risk Coverage

Risk-Aware Investors Seeking Flexibility

If you would rather delegate the complex task of timing the bond market to an expert, this fund is perfect for you. It offers the benefit of a professional fund manager who actively adjusts the portfolio to respond to economic cues, providing a flexible and intelligent solution to managing interest rate risk.

Pure Risk Coverage

Investors Seeking Stable Growth Without Equity Risk

If the day-to-day volatility of the stock market makes you uneasy, but you find the returns from traditional savings accounts and fixed deposits to be insufficient, this fund occupies the ideal middle ground. It allows you to participate in the debt market to achieve stable, inflation-beating growth without exposing your portfolio to the high-risk, high-reward nature of equities. It is built for those who value peace of mind as much as they value steady wealth creation.

FAQs on Kotak’s Kotak Life’s Dynamic Bond Fund

1

Why should I choose Kotak Life Dynamic Bond Fund over fixed deposits or traditional savings?

The key reason is the potential for higher returns. this fund leverages active management to navigate the bond market, aiming for superior returns. Additionally, when held within a ULIP, it has tax benefits that bank deposits do not offer.

2

How does the fund dynamically adjust its portfolio to navigate rising or falling interest rates?

The fund manager actively changes the portfolio based on what they think will happen with interest rates:

  • When rates are likely to go down, they buy longer-term bonds to get the most out of their money (because when rates go down, bond prices go up).
  • When rates are likely to go up, they switch to bonds with shorter terms to protect the fund's value and limit losses.
3

Can this fund deliver consistent income while protecting my capital during market volatility?

Yes, that is the main goal. The fund is meant to protect capital and make steady returns by investing in a high-quality portfolio of government and corporate bonds and actively managing interest rate risk. Returns are not guaranteed, but this fund is relatively more stable than an equity fund.

4

Is this fund good for short-term or long-term goals?

This fund is best for medium-term investment horizons that will take 3 to 7 years to reach. This amount of time gives the fund manager enough time to handle at least one cycle of interest rates well. For goals that are less than two years away, it is usually not recommend.

5

Is this better than keeping money in a fixed deposit?

It depends on your goal. if you need money in the short term, fixed deposits maybe a better choice. If you are willing to take on a little bit of risk in exchange for the chance to earn higher, tax-efficient returns than a fixed deposit over the medium term, the Dynamic Bond Fund is a better choice. It all depends on how much risk you are willing to take and the time horizon for which you can stay invested.

BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS

IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

DYNAMIC BOND FUND (ULIF-015-15/04/04-DYBNDFND-107)

Aims to preserve capital and minimize downside risk, with investment in debt and government instruments

Kotak e-Invest Plus; UIN - 107L137V02. This is a non-participating unit-linked life insurance individual savings product. For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale.

Kotak T.U.L.I.P UIN: 107L131V03; Kotak Accidental Death Protection Rider (Linked) UIN:107A021V02, Kotak Critical Illness Benefit Rider (Linked) UIN:107A022V02. This is a non-participating unit linked Life Insurance Individual Savings Product. For more details on risk factors, terms and conditions please read sales brochure carefully before concluding a sale. For more details on riders please read the Rider Brochure.


  • Linked Insurance products are different from the traditional insurance products and are subject to the risk factors.
  • The premium paid in linked insurance policies are subject to investment risks associated with capital markets. The NAVs of the units may go up or down based on the performance of fund and factors influencing the capital market and the insured is responsible for his/her decisions.
  • Kotak Mahindra Life Insurance Company Ltd is only the name of the Life Insurance Company and Kotak e-Invest Plus & Kotak T.U.L.I.P are only the name of the linked insurance contract and does not in any way indicate the quality of the contract, its future prospects or returns.
  • The various funds offered under this contract are the names of the funds and do not in any way indicate the quality of these plans, their future prospects and returns.
  • Please know the associated risks and the applicable charges, from your insurance agent or intermediary or policy document issued by the insurance company.
  • Tax benefit is applicable as per the Income Tax Act, 1961. Tax laws are subject to amendments from time to time. Customer is advised to take an independent view from tax consultant.
  • Past performance is not indicative of future performance
  • *The assumed non-guaranteed rates of return chosen in the illustration are 4% p.a. and 8% p.a. These assumed rates of return are not guaranteed and they are not the upper or lower limits of what you might get back as the value of your policy is dependent on a number of factors including future investment performance. The actual experience may be different from the illustrated. Please note that Bonuses are NOT guaranteed and may be as declared by the Company from time to time.

Kotak Mahindra Life Insurance Company Limited. Regn. No.:107, CIN: U66030MH2000PLC128503, Regd. Office: 8th Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai- 400 051. Website: www.kotaklife.com | WhatsApp: 9321003007 |Toll Free No. – 1800 209 8800 | Ref. No.: KLI/25-26/E-WEB/1325.

Trade Logo displayed above belongs to Kotak Mahindra Bank Limited and is used by Kotak Mahindra Life Insurance Company Limited under license.