Fund Details
Mirae Asset Dynamic Bond Fund Direct IDCW
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.41% |
| NAV | ₹13.97 (12 May 2021) |
|---|---|
| Fund Started | 24 Mar 2017 |
| Fund Size | ₹148 Cr |
Returns
Comparison
1. Lower expense ratio - 0.41%
2. 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
3. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 20.8% |
| GOI | Sovereign | GOI Sec | 13.2% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 7.0% |
| Oil & Natural Gas Corpn. Ltd. | Energy | Debenture | 6.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Debenture | 6.7% |
| Indian Railway Finance Corpn. Ltd. | Financial | Debenture | 3.6% |
| National Housing Bank | Financial | Debenture | 3.4% |
| GOI | Sovereign | GOI Sec | 3.2% |
Fund Managers
Mirae Asset Dynamic Bond Fund Direct IDCW Details
Mirae Asset Dynamic Bond Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹148 Cr and the Latest NAV as of 12 May 2021 is ₹13.97.
The Mirae Asset Dynamic Bond Fund Direct IDCW 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.
