- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Dynamic Bond Fund (Growth)
Mirae Asset Dynamic Bond Fund (Growth)
₹ 13.2299
NAV (Jun 24)
However, Scripbox does not recommend investing in dynamic bond mutual funds.
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.
Track Record
5 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.
Relative Size
241 Cr. Small within the category
Impact of Interest Rate Changes
Highest Interest Rate Risk. The impact on fund value is very high when interest rates change
Credit Quality Of Fund's Portfolio
Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds
Scripbox Recommended Debt Funds
Want the floating rate funds that are right for your short term investment needs?
Learn more
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 13.2299
NAV (Jun 24)
Fund Returns
Last 1Y | -0.5% |
Last 3Y | 4.9% |
Last 5Y | 5.2% |
Last 10Y | NA |
Since Inception | 5.5% |
6 Month CAGR | -2.1% |
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 | 1.1 |
Launched (5y ago) | Mar 24, 2017 |
AUM in Crores | 240.508 |
ISIN | INF769K01DO5 |
Lock-in | No Lock-in |
Benchmark | CRISIL Dynamic Bond Fund TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 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
07.86 ka sdl 2027
10.5%07.76 mp sdl 2027
10.4%07.71 gj sdl 2027
10.4%indian railway finance corporation limited
8.4%07.39 mh sdl 2026
8.2%Comparison with Debt Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 44,308 cr | |||
₹ 14,441 cr | |||
₹ 18,739 cr | |||
₹ 12,059 cr | |||
₹ 44,308 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
Mirae Asset Investment Managers (India) Private Limited manages assets worth 100,291 crores and was set up on 20 November 2006. It's current offering of mutual fund schemes includes 29 equity,36 debt and 9 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
15.8% | 17% | ||
14.9% | 16.5% | ||
17.4% | 19% | ||
26.6% | 18.7% | ||
17% | 19.7% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsMirae 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 5.5% over a period of 5 years. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Mahendra Jajoo.
Nav of Mirae Asset Dynamic Bond Fund (G) as of 6/24/2022 is ₹13.23 with the total AUM as of 6/26/2022 is ₹240.508. 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 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 Fund TR INR.
Mirae Asset Dynamic Bond Fund (G) is rated as a 2 fund in Debt and delivered -0.5% 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 Neutral 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 1.1% for regular plan.