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Mirae Asset Dynamic Bond Fund -Direct Plan -Growth
★★★★★ monitor_heart Health Score: 76/100 · GoodMirae Asset Mutual Fund · Debt · Dynamic Bond
₹18.77
AUM: ₹116 Cr
NAV updated 5 days ago
Plan
Direct
Option
Growth
Risk
Moderate to High
Expense Ratio
0.16%
Exit Load
Nil
Fund Manager
Mahendra Jajoo
Inception
Mar 2017
Benchmark
CRISIL Dynamic Bond A-III Index
Sharpe Ratio
-0.84
Std Dev (1Y)
0.57%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.45%
3m
+1.33%
6m
+3.03%
1y
+5.66%
3y
+7.26%
5y
+5.98%
10y
—
since inception
+6.96%
rate_review TopFund's Take on Mirae Asset Dynamic Bond Fund -Direct Plan -Growth
Mirae Asset Dynamic Bond Fund -Direct Plan -Growth holds up reasonably well within the Dynamic Bond category, backed by a 5-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 76/100.
Cost: At 0.16%, the expense ratio is meaningfully cheaper — about 72% below the Dynamic Bond category average of 0.57% (based on 176 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 -0.84 — 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 0.57% is on the lower side, 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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Frequently Asked Questions about Mirae Asset Dynamic Bond Fund -Direct Plan -Growth
The current NAV (Net Asset Value) of Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is ₹18.77. NAV is updated every business day after market close by AMFI.
1Y: 5.66% · 3Y CAGR: 7.26% · 5Y CAGR: 5.98%
The expense ratio is 0.16% per annum — the annual fee deducted from your investment to cover fund management costs.
Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is managed by Mahendra Jajoo at Mirae Asset Mutual Fund.
Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is a Moderate to High risk fund. Suitable for investors with a moderate risk appetite.
Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is a Dynamic Bond fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is ₹117 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.