Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 61/100 · Average
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)7.46%
- Expense ratio (20%)0.39%
- AUM (15%)₹49 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mahindra Mutual Fund · Debt · Dynamic Bond
₹16.37
AUM: ₹49 Cr
NAV updated 11 days ago
Plan
Direct
Option
Idcw
Risk
Moderate to High
Expense Ratio
0.39%
Exit Load
Nil
Fund Manager
Rahul Pal
Inception
Aug 2018
Benchmark
CRISIL Dynamic Bond A-III Index
Sharpe Ratio
-1.38
Std Dev (1Y)
2.29%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.75%
3m
+1.22%
6m
+3.29%
1y
+5.09%
3y
+7.46%
5y
+5.96%
10y
—
since inception
+3.17%
TopFund's Take on Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW
Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW sits in the middle of the pack for Dynamic Bond funds, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 61/100.
Cost: At 0.39%, the expense ratio is meaningfully cheaper — about 26% below the Dynamic Bond category average of 0.53% (based on 70 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.38 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 2.29% is on the lower side for a Dynamic Bond fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
Similar Funds
Axis Income Plus Arbitrage Active FOF - Direct Plan - Growth Option
Axis Mutual Fund
360 ONE Dynamic Bond Fund Direct Plan Growth
IIFL Mutual Fund
Mirae Asset Dynamic Bond Fund -Direct Plan -Growth
Mirae Asset Mutual Fund
Quantum Dynamic Term Fund - Direct Plan Growth Option
Quantum Mutual Fund
Mahindra Manulife Dynamic Bond Fund - Direct Plan - Growth
Mahindra Mutual Fund
Baroda BNP Paribas Dynamic Bond Fund - Direct Plan - Growth Option
BNP Paribas Mutual Fund
Tools & Guides for This Fund
Frequently Asked Questions about Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW
The current NAV (Net Asset Value) of Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW is ₹16.37. NAV is updated every business day after market close by AMFI.
1Y: 5.09% · 3Y CAGR: 7.46% · 5Y CAGR: 5.96%
The expense ratio of Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW is 0.39% per annum. This is the annual fee charged by the fund to manage your investment.
Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW is managed by Rahul Pal at Mahindra Mutual Fund.
Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW is classified as a Moderate to High risk fund. It is suitable for investors with a moderate risk appetite.
Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW is a Dynamic Bond fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mahindra Manulife Dynamic Bond Fund - Direct Plan - IDCW is ₹49 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
Discussion
User-generated content — not investment advice, and not verified or endorsed by TopFund.
No comments yet — start the discussion.