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Home>Mutual Funds>Mirae Asset Mutual Fund>Mirae Asset Dynamic Bond Fund Direct IDCW

Mirae Asset Dynamic Bond Fund Direct IDCW

Debt
Dynamic Bond
Moderate Risk
Payout
8.71%
3Y annualised
-0.06% 1D
1M
6M
1Y
3Y
All
NAV: 19 Jan 2022₹14.25
Min. SIP amount₹1,000
Rating4
Fund size₹282.87Cr

Returns and rankings

Category: Debt Dynamic Bond
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.3%8.7%7.6%
Category averageNA3.9%7.6%NA
Rank with in categoryNA157NA
Understand terms

Holdings (15)

NameSectorInstrumentAssets
Karnataka State
OthersSDL9.4%
Gujarat State
OthersSDL9.4%
Madhya Pradesh State
OthersSDL9.4%
Maharashtra State
OthersSDL8.7%
National Bank For Agriculture & Rural Development
FinancialDebenture8.4%
FinancialBonds7.6%
Export-Import Bank Of India
FinancialBonds7.5%
EnergyDebenture7.4%
FinancialNCD7.0%
Rajasthan State
OthersSDL5.1%
See All

Pros and cons

Category: Debt Dynamic Bond

Pros

3Y annualised returns higher than category average by 1.03%
Higher alpha: 2.37 The fund has generated returns higher than benchmark - CRISIL Composite Bond Index - in the last 3Y
Lower expense ratio: 0.18%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Exit load is zero

Cons

1Y annualised returns lower than category average by 1.06%

Expense ratio, exit load and tax

Expense ratio: 0.18%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Mahendra Kumar Jajoo
Mar 2017 - Present
View details

Fund house & investment objective

Fund house contact details

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