- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Dynamic Bond Fund (Growth)
Mirae Asset Dynamic Bond Fund (Growth)
₹ 14.3814
NAV (Dec 04)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 14.3814
NAV (Dec 4)
Fund Returns
Last 1Y | 5.2% |
Last 3Y | 3% |
Last 5Y | 6.2% |
Last 10Y | NA |
Since Inception | 5.6% |
6 Month CAGR | 1.9% |
Scheme Information
The objective of the Scheme is to generate optimal returns through active management of a portfolio of debt and money market instruments. However,there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Expense Ratio | 1.12 |
Launched (6y ago) | Mar 24, 2017 |
AUM in Crores | 195.983 |
ISIN | INF769K01DO5 |
Lock-in | No Lock-in |
Benchmark | CRISIL Dynamic Bond C-III TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 2.2 |
Standard Deviation (5yr) | 2.9 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.944 |
Sharpe Ratio (5yr) | 0.367 |
YTM | 7.73 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Dynamic Bond Fund (Growth) | 8,50,655 | 1,18,043 | 6.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
07.76 mp sdl 2027
12.8%07.39 mh sdl 2026
10.2%indian railway finance corporation limited
7.7%export import bank of india
7.7%power grid corporation of india limited
7.6%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 40,756 cr | ||
₹ 16,858 cr | ||
₹ 11,326 cr | ||
₹ 13,754 cr | ||
₹ 10,873 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
19.2% | 18% | ||
18.2% | 17.4% | ||
15.2% | 20.2% | ||
11.1% | 11.1% | ||
20.7% | 20.2% |
Mirae Asset Dynamic Bond Fund (G) Review
Mirae Asset Dynamic Bond Fund (G) is a Dynamic Bond Debt fund and has delivered an annualised return of 5.6% over a period of 6 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Amit Modani.
Nav of Mirae Asset Dynamic Bond Fund (G) as of 12/4/2023 is ₹14.38 with the total AUM as of 12/5/2023 is ₹195.983. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Dynamic Bond Fund (G) was launched on Mar 24, 2017. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for Mirae Asset Dynamic Bond Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Mirae Asset Dynamic Bond Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Dynamic Bond C-III TR INR.
Mirae Asset Dynamic Bond Fund (G) is rated as a 1 fund in Debt and delivered 5.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Dynamic Bond Fund (G).
Frequently Asked Questions
What is Mirae Asset Dynamic Bond Fund (G)?
How to invest in Mirae Asset Dynamic Bond Fund (G)?
You can invest in Mirae Asset Dynamic Bond Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mirae Asset Dynamic Bond Fund (G)?
The minimum sip amount for Mirae Asset Dynamic Bond Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Dynamic Bond Fund (G) good to invest in?
As per Scripbox experts, Mirae Asset Dynamic Bond Fund (G) is a Not Recommended fund. You can investMirae Asset Dynamic Bond Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mirae Asset Dynamic Bond Fund (G)?
The expense ratio of the Mirae Asset Dynamic Bond Fund (G) is 1.12% for regular plan.