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  • Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A)

Formerly Mirae Asset Dynamic Bond Reg DR

Mirae Asset Mutual Fund

Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A)

DebtDynamic Bond

13.4229

NAV (Oct 13)

6.7%
Till Date CAGR
Scripbox Opinion

Not Recommended

Click here for top ranked funds in dynamic bond mutual funds.

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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

4 Years. The fund has Relatively moderate history for analysis. We recommend funds with longer history.

Relative Size

139 Cr. Small within the category

Impact of Interest Rate Changes

High Interest Rate Risk. The impact on fund value is high when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

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Short Term Money

Short Term Money

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  • graph-icon-gray
    Historical growth rate of 6.5% per annum
  • graph-icon-gray
    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

13.4229

NAV (Oct 13)

Fund Returns

Last 1Y
2.7%
Last 3Y
8.7%
Last 5Y
NA
Last 10Y
NA
Since Inception
6.7%
6 Month CAGR
1.8%
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Scheme Information

Investment Objective

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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

risk-indicator-arrow.svg

Low to Moderate Risk

Expense Ratio
1.44
Launched (4y ago)
Mar 24, 2017
AUM in Crores
138.712
ISIN
INF769K01DQ0
Lock-in
No Lock-in
Benchmark
CRISIL Composite Bond Fund TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Fund Managers
user-avatar

Mahendra Jajoo

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
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comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record

Kotak Savings Fund (G)

recommended-badge

₹ 12,698 cr

5

recommended-badge

₹ 28,554 cr

5

recommended-badge

₹ 11,007 cr

5

recommended-badge

₹ 21,654 cr

5

recommended-badge

₹ 28,496 cr

5

amc-icon

About the AMC

Mirae Asset Global Inv (India) Pvt. Ltd

Mirae Asset Investment Managers (India) Private Limited manages assets worth 95,166 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.

amc-img

  • tel-amc-about
    022-67800300
  • mail-amc-about
    customercare@miraeasset.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    recommended-badge

    26.8%

    22.5%

    recommended-badge

    21.3%

    16.8%

    top-ranked-badge

    26%

    22.1%

    top-ranked-badge

    19.8%

    16.6%

    top-ranked-badge

    19.8%

    16.6%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    About Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A)

    About Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A)

    Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) is a Dynamic Bond Debt fund and has delivered an annualised return of 6.7% over a period of 4 years. The fund was previously known as Mirae Asset Dynamic Bond Reg DR . The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Mahendra Jajoo

    Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) Investment Objective

    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. . However, there is no assurance that the objective of the scheme will be realized.

    Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) NAV,AUM,Risk

    The Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) fund was launched on Mar 24, 2017. The NAV (Net Asset Value) of this Dynamic Bond Debt fund as of 2021-10-13 is ₹13.42. The total AUM (Asset Under Management) of the fund as of 14/10/2021 is ₹138.712. The category risk of the Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) fund is Low to Moderate Risk. The fund charges 1.44 % as expense ratio.

    Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) Holdings

    The fund’s highest allocation is towards Debt and has invested 66.8% in this asset class. The top three holdings of the fund are , triparty repo , 6.10% govt stock 2031 , export-import bank of india , 07.39% tn sdl 2026 , national bank for agriculture and rural development , oil & natural gas corporation limited , 6.64% govt stock 2035 , 07.89 gj sdl 2025 , indian railway finance corporation limited , national housing bank , net receivables / (payables)

    Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) Investment volatility and Horizon

    This fund 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 Composite Bond Fund TR INR.

    Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) Review

    Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) has a score of 1 on a scale of 5. The fund has a score of 3 out of 5 based on historical performance. As compared to the other funds in its category, Mirae Asset Dynamic Bond Fund of Income Distribution cum capital withdrawal (RIDCW-A) has a score of 2out of 5 The credit risk of the fund is 5 out of 5 as compared to other debt funds.

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