- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Dynamic Bond Fund Direct Growth
Mirae Asset Dynamic Bond Fund Direct Plan Growth
₹ 17.47
NAV (May 02)
Dynamic Bond funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Dynamic Bond Funds have the flexibility to invest in instruments across duration.The exposure is dependent on the outlook of the Fund Manager.
Such funds are also allowed to invest across the credit quality spectrum.They tend to be exposed to higher credit risk and longer maturity paper which makes them quite volatile.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scheme Information
The Scheme seeks to generate optimal returns through active management of a portfolio of debt and money market instruments.
Expense Ratio | 0.16 % |
Launched 8Y ago | 2017-03-24 |
AUM in Crores | 117.4 |
ISIN | INF769K01DR8 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Dynamic Bond A-III Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 2 |
Beta | 1.1 |
Sharpe Ratio | -0.2 |
YTM | - |
Fund Managers
Asset allocation and Holdings
Top Debt Holdings
Maharashtra State
10.63%Gujarat State
10.01%Karnataka State
8.61%Tamilnadu State
7.13%REC Ltd.
7.1%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,772 cr | ||
₹ 4,484 cr | ||
₹ 14,724 cr | ||
₹ 42,292 cr | ||
₹ 9,086 cr |
