| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.49% |
| NAV | ₹13.71 (23 Oct 2020) |
|---|---|
| Fund Started | 24 Mar 2017 |
| Fund Size | ₹119 Cr |
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 24.7% |
| Reserve Bank of India | Financial | T-Bills | 21.0% |
| GOI | Sovereign | GOI Sec | 17.4% |
| Reserve Bank of India | Financial | T-Bills | 12.6% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 8.8% |
Mirae Asset Dynamic Bond Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹119 Cr and the Latest NAV as of 23 Oct 2020 is ₹13.71.
The Mirae Asset Dynamic Bond Fund Direct Growth 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.
The Scheme seeks to generate optimal returns through active management of a portfolio of debt and money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.