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Mirae Asset Dynamic Bond Fund

Mirae Asset Dynamic Bond Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3.22

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 10,998 today.

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NAV Performance

Mirae Asset Dynamic Bond Fund performance graph for last 3 years
Performance of Mirae Asset Dynamic Bond Fund for last 3 Years

Fund Information

  • ₹ 14.273

    as on 22 Sep 2023
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 211 Cr.

    as on 31 May 2023
  • 1.1%

  • 24 Mar 2017

  • Debt - Dynamic Bond Fund

  • CRISIL 10 Year Gilt Index

  • Mirae Mutual Fund

    Show All Funds

Highlights of this fund

Mirae Asset Dynamic Bond Fund is an Open-ended Debt Fund. The fund belongs to Dynamic Bond Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 24 Mar 2017. This fund is offered by one of the top AMC (Assets Management Company) Mirae Mutual Fund. You can also view here all other Debt funds offered by Mirae Mutual Fund.

Latest NAV of the fund is ₹ 14.273 as on 22 Sep 2023.

This fund has 6 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.1%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

To generate optimal returns through active management of a portfolio of debt and money market instruments.

List of Fund Managers of Mirae Asset Dynamic Bond Fund

  • About Amit Modani

    Picture of Amit ModaniMr. Modani is Chartered Accountant Prior to joining BOI AXA Mutual Fund, he has worked with Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderate Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.88% 1.10% 5.49% 5.65% 8.05% 9.69% 9.14% 7.82% 9.15% 8.88% 7.85% 9.21% 8.07% 7.88%
Category Average 0.13% 0.57% 1.34% 3.52% 6.06% 4.28% 4.65% 6.32% 7.31% 6.63% 5.61% 5.06% 5.64% 6.51%
Mirae Asset Dynamic Bond Fund 0.05%₹ 10,005 0.53%₹ 10,052 1.09%₹ 10,108 3.35%₹ 10,334 6.13%₹ 10,613 5.87%₹ 12,378 2.93%₹ 10,595 4.46%₹ 25,125 3.22%₹ 10,998 3.74%₹ 38,114 6.56%₹ 13,742 4.69%₹ 67,567 - -
ICICI Prudential All Seasons Bond Fund 0.14%₹ 10,013 0.71%₹ 10,070 1.68%₹ 10,167 4.14%₹ 10,413 7.44%₹ 10,743 7.56%₹ 12,485 5.26%₹ 11,079 6.74%₹ 25,706 5.77%₹ 11,832 6.06%₹ 39,468 7.82%₹ 14,575 6.84%₹ 71,314 9.15%₹ 24,034 7.88%₹ 1,80,191
Kotak Dynamic Bond Fund 0.07%₹ 10,006 0.67%₹ 10,067 1.50%₹ 10,149 3.98%₹ 10,397 6.39%₹ 10,639 6.60%₹ 12,424 3.79%₹ 10,772 5.21%₹ 25,316 4.53%₹ 11,422 4.70%₹ 38,673 7.40%₹ 14,292 5.74%₹ 69,375 7.97%₹ 21,539 7.14%₹ 1,73,349
SBI - Dynamic Bond Fund 0.14%₹ 10,014 0.60%₹ 10,059 1.12%₹ 10,112 4.27%₹ 10,426 7.58%₹ 10,758 7.32%₹ 12,470 4.86%₹ 10,996 6.51%₹ 25,645 4.76%₹ 11,496 5.51%₹ 39,144 7.62%₹ 14,440 6.11%₹ 70,013 7.70%₹ 21,005 7.12%₹ 1,73,175
IDFC Dynamic Bond Fund 0.21%₹ 10,020 0.72%₹ 10,072 0.93%₹ 10,093 3.40%₹ 10,340 6.79%₹ 10,679 6.26%₹ 12,402 3.11%₹ 10,630 4.63%₹ 25,167 3.64%₹ 11,133 3.93%₹ 38,226 7.28%₹ 14,216 5.17%₹ 68,383 7.56%₹ 20,739 6.65%₹ 1,68,899
Axis Dynamic Bond Fund 0.12%₹ 10,012 0.84%₹ 10,083 1.25%₹ 10,124 4.16%₹ 10,415 6.88%₹ 10,687 6.98%₹ 12,449 3.79%₹ 10,772 5.65%₹ 25,425 4.61%₹ 11,446 4.99%₹ 38,838 7.60%₹ 14,431 6.04%₹ 69,901 7.86%₹ 21,320 7.09%₹ 1,72,830

Portfolio Holdings

Portfolio holdings pattern of Mirae Asset Dynamic Bond Fund as on 23 Sep 2023 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    95.89%
  • Others Holdings:

    4.11%

Top Debt Instrument Type holdings of Mirae Asset Dynamic Bond Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 49.38% ₹ 100.03 Cr.
GOI 46.51% ₹ 94.25 Cr.
Others 4.11% -

Top Debt Holdings of Mirae Asset Dynamic Bond Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 46.51% ₹ 94.25 Cr.
Bond - Indian Railway Finance Corporation Ltd. 10.04% ₹ 20.35 Cr.
Bond - Power Grid Corporation of India Ltd. 9.90% ₹ 20.05 Cr.
Bond - Power Finance Corporation Ltd. 9.51% ₹ 19.27 Cr.
Bond - Export Import Bank Of India 7.45% ₹ 15.10 Cr.
Others 16.59%

Other Holdings

Holding TypeHolding Percentage
Net Receivables 3.28%
TREPS 0.83%