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Mirae Asset Dynamic Bond Fund Direct Growth

Debt
Dynamic Bond
Moderate Risk
9.72%
3Y annualised
0.00% 1D
1M
6M
1Y
3Y
All
NAV: 22 Oct 2021₹14.18
Min. SIP amount₹1,000
Rating4star
Fund size₹138.71 Cr

Returns and rankings

Category: Debt Dynamic Bond
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.6%9.7%7.9%
Category averageNA3.9%7.6%NA
Rank with in categoryNA207NA
Understand termsinfo

Holdings (9)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec20.7%
Export-Import Bank Of India
FinancialBonds7.7%
Tamilnadu State
OthersSDL7.6%
National Bank For Agriculture & Rural Development
FinancialNCD7.4%
EnergyDebenture7.2%
GOI
SovereignGOI Sec4.7%
Gujarat State
OthersSDL3.9%
Indian Railway Finance Corporation Ltd.
FinancialDebenture3.9%
National Housing Bank
FinancialDebenture3.6%

Pros and cons

info
Category: Debt Dynamic Bond
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Pros

3Y annualised returns higher than category average by 2.08%
Higher alpha: 2.45 The fund has generated returns higher than benchmark - CRISIL Composite Bond Index - in the last 3Y
Lower expense ratio: 0.47%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
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Cons

Lower AUM: 138Cr. Funds with lower AUM tend to have higher expense ratio
1Y annualised returns lower than category average by 0.29%

Expense ratio, exit load and tax

Expense ratio: 0.47%

Inclusive of GST

Exit load

Exit load of 0.50% if redeemed within 182 days.

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 termsinfo
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
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Fund house & investment objective

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Fund house contact details

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