Mirae Asset Dynamic Bond Fund Direct Growth
Mirae Asset Dynamic Bond Fund Direct Growth

Mirae Asset Dynamic Bond Fund Direct Growth

Compare
Debt
Direct
Dynamic Bond

NAV: ₹ 14.7 as on 27-01-2023

Fund Performance
zero opening, trading, fund transfer fee
41 people have invested ₹ 4.2L in mutual fund in the last three months

Fund Insights

In the last 1 year, UTI Dynamic Bond Fund Direct Plan Growth Option has given 11.47% return, outperforming this fund by 8.43%

In the last 3 years, UTI Dynamic Bond Fund Direct Plan Growth Option has given 10.34% return, outperforming this fund by 4.91%

In the last 5 years, ICICI Prudential All Seasons Bond Fund Direct Plan Growth has given 8.14% return, outperforming this fund by 1.03%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
0.6%
2%
3.2%
3%
5.4%
7.1%
Benchmark
0.3%
1.6%
2.8%
3.9%
5.2%
5.7%
About the Fund

Mirae Asset Dynamic Bond Fund Direct Growth is a debt fund. This fund was started on  24 March, 2017. The fund is managed by Amit Modani. This fund is suitable to keep your money safe.

Key parameters

1) Mirae Asset Dynamic Bond Fund Direct Growth has a NAV of 14.7046 as on 27-01-2023.

2) Mirae Asset Dynamic Bond Fund Direct Growth has 216 Cr worth of assets under management (AUM) as on 30-11-2022 and is less than category average.

3) The fund has an expense ratio 0.16 %.

Fund Overview

Expense ratio
Expense ratio
0.16%
Benchmark
Benchmark
CRISIL Composite Bond Fund TR INR
AUM
AUM
₹216 Cr
Inception Date
Inception Date
24 March, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
360.21%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%
Credit rating breakup
AAA
100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Government

81.3%

Corporate

13.6%

Cash Equivalent

5.1%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings15
Holdings
Weight%
Holdings Trend
1M Change
icon
07.86 KA Sdl 2027
11.81%
0%
icon
07.76 MP Sdl 2027
11.75%
0%
icon
Indian Railway Finance Corporation Limited
9.42%
0%
icon
07.39 MH Sdl 2026
9.3%
0%
icon
Power Grid Corporation Of India Limited
9.24%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM decreased by 24.4 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 215.6 Cr
Nov'22
₹ 240.1 Cr
Oct'22
₹ 240 Cr

Fund Returns vs Benchmark

Dec'22
1.34%
0.96%
Nov'22
-0.57%
-0.15%
Oct'22
0.97%
0.84%
Fund Return
Benchmark Return

Fund Manager

Amit Modani

Amit Modani

Fund Manager of Mirae Asset Dynamic Bond Fund Direct Growth, since 16 January 2023

AMC details

Fund House
Mirae Asset Investment Managers (India) Private Limited
Total Schemes
Total AUM
₹1.19L Cr
as on 31-Dec-2022
Address
Mirae Asset Investment Managers (India) Private Limited.,Unit No. 606, 6th Floor,,Windsor Bldg, Off CST Road,,Kalina, Santacruz (East), Mumbai - 400 098
Phone
91-22-22-6780300
Email
customercare@miraeasset.com

Fund Highlights

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Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.82% since inception which is more than its category average return of 5.93%
AUM size ₹216 Cr

AUM size ₹216 Cr

This fund has AUM of ₹216 Cr which is less than its category average of ₹ 966 Cr
Expense Ratio 0.16%

Expense Ratio 0.16%

This fund has an expense ratio of 0.16% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions

The current NAV of Mirae Asset Dynamic Bond Fund Direct Growth is 14.7 as on 27-Jan-2023.
Existing (Absolute + CAGR)
Mirae Asset Dynamic Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.55%
0.55%
6 Month Returns
3.15%
3.15%
1 Year Returns
3.05%
3.05%
3 Years Returns
17.19%
5.43%
5 Years Returns
40.98%
7.11%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.16 as on December 2022
216 Cr as on December 2022
Yield to Maturity is 7.42 as on December 2022. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.21 as on December 2022. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Amit Modani is the fund manager of Mirae Asset Dynamic Bond Fund Direct Growth
The Exit load of Mirae Asset Dynamic Bond Fund Direct Growth is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.