Mirae Asset Dynamic Bond Fund Direct Payout of Income Distribution cum capital withdrawal
Debt
Direct
Dynamic Bond
NAV: ₹ 15.4 as on 27-09-2023
Fund Performance
About the Fund
Mirae Asset Dynamic Bond Fund Direct Payout of Income Distribution cum capital withdrawal 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
- Mirae Asset Dynamic Bond Fund Direct Payout of Income Distribution cum capital withdrawal has ₹200 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Mirae Asset Dynamic Bond Fund Direct Payout of Income Distribution cum capital withdrawal Overview
 | 0.21% |
 Benchmark | CRISIL Composite Bond Fund TR INR |
 | ₹200 Cr |
 | 24 March, 2017 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 0.23% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
77.9%
Corporate
18.1%
Cash Equivalent
4.1%
Top Holdings of Mirae Asset Dynamic Bond Fund Direct Payout of Income Distribution cum capital withdrawal as on (31-Aug-23)
Debt Holdings16
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 07.76 MP Sdl 2027 | 12.64% | 0% | |
07.39 MH Sdl 2026 | 10% | 0% | |
Power Finance Corporation Ltd. | 8.16% | 0% | |
Indian Railway Finance Corporation Limited | 7.56% | 0% | |
Export Import Bank Of India | 7.51% | 0% |
See all
Mirae Asset Dynamic Bond Fund Direct Payout of Income Distribution cum capital withdrawal: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 201.3 Cr as of Aug'23
- AUM decreased by 3.2 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Peer Analysis
Mirae Asset Dynamic Bond Fund Direct Payout of Income Distribution cum capital withdrawal Fund Manager
Amit Modani
Fund Manager of Mirae Asset Dynamic Bond Fund Direct Payout of Income Distribution cum capital withdrawal, since 16 January 2023
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
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 5.86%
AUM size ₹200 Cr
This fund has AUM of ₹200 Cr which is less than its category average of ₹ 1364 Cr
Expense Ratio 0.21%
This fund has an expense ratio of 0.21% 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 Payout of Income Distribution cum capital withdrawal is ₹15.36 as on 27-Sep-2023.
Existing (Absolute + CAGR) as on 27-Sep-2023.
Mirae Asset Dynamic Bond Fund Direct Payout of Income Distribution cum capital withdrawal | Absolute Returns | CAGR Returns |
1 Month Returns | 0.5% | 0.5% |
6 Month Returns | 3.57% | 3.57% |
1 Year Returns | 7.49% | 7.49% |
3 Years Returns | 13.2% | 4.22% |
5 Years Returns | 44.47% | 7.64% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- 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.
0.21% as on August 2023
₹200 Cr as on August 2023
07.76 MP Sdl 2027(12.64%), 07.39 MH Sdl 2026(10%), Power Finance Corporation Ltd.(8.16%), Indian Railway Finance Corporation Limited(7.56%), Export Import Bank Of India(7.51%) as on August 2023
Government(78.32%), Corporate(18.16%), Cash Equivalent(3.52%) as on August 2023
Yield to Maturity is 7.54 as on August 2023. 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 2.84 as on August 2023. 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 Payout of Income Distribution cum capital withdrawal
The Exit load of Mirae Asset Dynamic Bond Fund Direct Payout of Income Distribution cum capital withdrawal is 0%