Fund Details
Mirae Asset Dynamic Bond Fund Direct Dividend
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.46% |
| NAV | ₹13.80 (26 Nov 2020) |
|---|---|
| Fund Started | 24 Mar 2017 |
| Fund Size | ₹127 Cr |
Returns
as per Historical Returns
Comparison
1. Risk-adjusted returns are higher compared to the category
2. Lower expense ratio - 0.49%
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 27.3% |
| GOI | Sovereign | GOI Sec | 16.4% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 8.2% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 7.9% |
| GOI | Sovereign | GOI Sec | 7.9% |
| Oil & Natural Gas Corpn. Ltd. | Energy | Debenture | 7.8% |
Fund Managers
Mirae Asset Dynamic Bond Fund Direct Dividend Details
Mirae Asset Dynamic Bond Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 24 Mar 2017. Mahendra Jajoo is the Current Fund Manager of Mirae Asset Dynamic Bond Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹127 Cr and the Latest NAV as of 26 Nov 2020 is ₹13.80.
The Mirae Asset Dynamic Bond Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000. Exit load of 0.50% if redeemed within 182 days.
Investment Objective
The Scheme seeks to generate optimal returns through active management of a portfolio of debt and money market instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
