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Mirae Asset Dynamic Bond Fund Direct Dividend+0.03%

7.93%
1 Year Return
Debt
Dynamic
5.0star
6M
1Y
3Y
All

Fund Details

Mirae Asset Dynamic Bond Fund Direct Dividend

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.50%
NAV₹13.75 (25 Feb 2021)
Fund Started24 Mar 2017
Fund Size151 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
7.9%
9.7%
-
8.7%
Category Average
6.2%
7.4%
7.9%
-
Rank Within Category
3
5
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
Would have become
0
with 7.9% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.51%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
Cons
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

NameSectorInstrument% Assets
GOISovereignGOI Sec26.3%
GOISovereignGOI Sec20.6%
Reserve Bank of IndiaFinancialT-Bills19.7%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture6.9%
Oil & Natural Gas Corpn. Ltd.EnergyDebenture6.6%
Housing Development Finance Corpn. Ltd.FinancialDebenture6.6%
GOISovereignGOI Sec3.3%

Fund Managers

Mahendra Kumar Jajoo
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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 ₹151 Cr and the Latest NAV as of 25 Feb 2021 is ₹13.75.

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 0.50% if redeemed within 182 days.
Exit Load

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About Mirae Asset Mutual Fund

Address
Unit 606, 6th Floor, Windsor, Off CST Road, Kalina, Santacruz (E), MUMBAI 400098
Phone
022-67800300
Launch Date
30 Nov 2007
Mirae Asset Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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