Fund Performance
Lumpsum
SIP
3.35
as on 29 Mar 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,040 today.
NAV Performance
Fund Information
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₹ 13.851
as on 29 Mar 2023 -
Regular - Growth
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-
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₹ 5,000
-
₹ 285 Cr.
as on 31 Dec 2021 -
1.44%
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24 Mar 2017
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CRISIL 10 Year Gilt Index
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Mirae Mutual Fund
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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 ₹ 13.851 as on 29 Mar 2023.
This fund has 6 years of track record. Since 31 Oct 2021 expense ratio of this fund is 1.44%. 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
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About Mahendra Jajoo
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% | 1.55% | 5.49% | 4.21% | 12.08% | 11.44% | 9.96% | 7.30% | 9.22% | 7.76% | 10.28% | 9.93% | 7.80% | 8.03% |
| Category Average | 0.28% | 0.84% | 1.51% | 3.03% | 4.25% | 4.28% | 4.89% | 5.89% | 7.20% | 5.77% | 4.40% | 4.31% | 5.48% | 6.51% |
| Mirae Asset Dynamic Bond Fund | 0.30%₹ 10,029 | 0.88%₹ 10,088 | 1.18%₹ 10,117 | 3.23%₹ 10,322 | 1.80%₹ 10,179 | 4.70%₹ 12,301 | 2.62%₹ 10,532 | 2.88%₹ 24,720 | 3.35%₹ 11,040 | 2.75%₹ 37,541 | 6.01%₹ 13,394 | 4.71%₹ 67,584 | - | - |
| ICICI Prudential All Seasons Bond Fund | 0.27%₹ 10,026 | 0.82%₹ 10,081 | 1.64%₹ 10,164 | 3.42%₹ 10,341 | 5.85%₹ 10,585 | 7.09%₹ 12,453 | 5.06%₹ 11,043 | 5.45%₹ 25,369 | 6.30%₹ 12,016 | 5.43%₹ 39,091 | 7.30%₹ 14,226 | 6.76%₹ 71,160 | 9.22%₹ 24,175 | 8.03%₹ 1,81,513 |
| Kotak Dynamic Bond Fund | 0.25%₹ 10,025 | 1.14%₹ 10,114 | 0.98%₹ 10,098 | 2.65%₹ 10,264 | 3.05%₹ 10,305 | 4.69%₹ 12,301 | 3.76%₹ 10,770 | 3.55%₹ 24,889 | 5.24%₹ 11,658 | 3.84%₹ 38,166 | 6.96%₹ 14,006 | 5.68%₹ 69,260 | 7.97%₹ 21,541 | 7.19%₹ 1,73,700 |
| SBI - Dynamic Bond Fund | 0.44%₹ 10,043 | 1.49%₹ 10,149 | 1.54%₹ 10,154 | 3.55%₹ 10,354 | 5.52%₹ 10,551 | 7.07%₹ 12,451 | 4.10%₹ 10,839 | 5.05%₹ 25,269 | 4.80%₹ 11,511 | 4.48%₹ 38,539 | 7.07%₹ 14,076 | 6.03%₹ 69,856 | 7.35%₹ 20,332 | 7.07%₹ 1,72,666 |
| IDFC Dynamic Bond Fund | 0.51%₹ 10,050 | 1.55%₹ 10,154 | 1.97%₹ 10,197 | 3.81%₹ 10,381 | 2.21%₹ 10,220 | 5.67%₹ 12,363 | 3.27%₹ 10,668 | 3.42%₹ 24,857 | 4.51%₹ 11,419 | 3.27%₹ 37,841 | 6.81%₹ 13,907 | 5.42%₹ 68,794 | 7.38%₹ 20,388 | 6.78%₹ 1,70,042 |
| Axis Dynamic Bond Fund | 0.27%₹ 10,026 | 0.78%₹ 10,078 | 1.19%₹ 10,119 | 3.40%₹ 10,340 | 3.28%₹ 10,327 | 5.63%₹ 12,360 | 3.86%₹ 10,790 | 3.84%₹ 24,962 | 5.17%₹ 11,635 | 4.00%₹ 38,260 | 7.06%₹ 14,067 | 5.93%₹ 69,689 | 7.56%₹ 20,730 | 7.05%₹ 1,72,444 |
Portfolio Holdings
Top Debt Instrument Type holdings of Mirae Asset Dynamic Bond Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| GOI | 52.21% | ₹ 147.68 Cr. |
| NCD & Bonds | 46.39% | ₹ 131.23 Cr. |
| Others | 1.40% | - |
Top Debt Holdings of Mirae Asset Dynamic Bond Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - Govt of India | 52.21% | ₹ 147.68 Cr. |
| Bond - National Bank for Agriculture & Rural Development | 8.43% | ₹ 23.84 Cr. |
| Bond - Rural Electrification Corporation Limited | 8.41% | ₹ 23.81 Cr. |
| Bond - Indian Railway Finance Corporation Ltd. | 7.57% | ₹ 21.42 Cr. |
| Bond - Export Import Bank Of India | 7.51% | ₹ 21.23 Cr. |
| Others | 15.87% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Net Receivables | 0.86% |
| TREPS | 0.54% |