Mirae Asset Dynamic Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Mirae Asset Dynamic Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal

Mirae Asset Dynamic Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal

Debt
Direct
Dynamic Bond

NAV: ₹ 14.3 as on 28-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.8%
1.5%
-0.9%
0.7%
5.4%
6.6%
Benchmark
-0.3%
1.6%
0.9%
1.8%
5%
5%
About the Fund

Mirae Asset Dynamic Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal is a debt fund. This fund was started on  24 March, 2017. The fund is managed by Mahendra Jajoo. This fund is suitable to keep your money safe.

Key parameters

1) Mirae Asset Dynamic Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal has a NAV of 14.2972 as on 28-09-2022.

2) Mirae Asset Dynamic Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal has 242 Cr worth of assets under management (AUM) as on 31-07-2022 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
₹242 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

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

Sector Allocation

Aug'22

Jul'22

Jun'22

Government

79.1%

Corporate

16.4%

Cash Equivalent

4.5%

Top Holdings

  • All
  • Debt & Cash
Total Holdings15
Debt Holdings15
Holdings
Weight%
Holdings Trend
1M Change
icon
07.86 KA Sdl 2027
10.6%
0%
icon
07.76 MP Sdl 2027
10.54%
0%
icon
07.71 GJ Sdl 2027
10.53%
0%
icon
Indian Railway Finance Corporation Limited
8.48%
0%
icon
07.39 MH Sdl 2026
8.32%
0%

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 0.8 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 242.4 Cr
Jul'22
₹ 241.6 Cr
Jun'22
₹ 239.7 Cr

Fund Returns vs Benchmark

Aug'22
1.34%
0.96%
Jul'22
1.34%
0.96%
Jun'22
0.42%
0.28%
Fund Return
Benchmark Return

Fund Manager

Mahendra Jajoo

Mahendra Jajoo

Managing this fund since 24 March 2017

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Mirae Asset Hybrid Equity Fund -Direct Plan-Growth
14.78%
13.83%
Mirae Asset Equity Savings Fund Direct Growth
12.25%
8.5%
Mirae Asset Savings Fund Direct Plan Growth
5.1%
4.93%

AMC details

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
Fund House
Mirae Asset Investment Managers (India) Private Limited

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 6.7% since inception which is more than its category average return of 5.92%
AUM size ₹242 Cr

AUM size ₹242 Cr

This fund has AUM of ₹242 Cr which is less than its category average of ₹ 955 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 0.94%

Frequently Asked Questions

The current NAV of Mirae Asset Dynamic Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal is 14.3.
Existing (Absolute + CAGR)
Mirae Asset Dynamic Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal
Absolute Returns
CAGR Returns
1 Month Returns
-0.84%
-0.84%
6 Month Returns
-0.9%
-0.9%
1 Year Returns
0.73%
0.73%
3 Years Returns
16.97%
5.36%
5 Years Returns
37.49%
6.57%
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.
0.16 as on August 2022
242 Cr as on August 2022
7.06
3.42
AAA
100
Mahendra Jajoo is the fund manager of Mirae Asset Dynamic Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal
The Exit load of Mirae Asset Dynamic Bond Fund Direct Reinvestment of Income Distribution cum capital withdrawal is 0%