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.
Mirae Asset Dynamic Bond Fund -Direct Plan -Growth
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 5/5, 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: 76/100 · Good
How this score is calculated
- Star rating (35%)5/5
- 3Y CAGR (30%)6.96%
- Expense ratio (20%)0.17%
- AUM (15%)₹115 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Debt · Dynamic Bond
₹18.79
AUM: ₹115 Cr
NAV updated 12 days ago
Plan
Direct
Option
Growth
Risk
Moderate to High
Expense Ratio
0.17%
Exit Load
Nil
Fund Manager
Mahendra Jajoo
Inception
Mar 2017
Benchmark
CRISIL Dynamic Bond A-III Index
Sharpe Ratio
-1.44
Std Dev (1Y)
1.0%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.63%
3m
+0.46%
6m
+2.0%
1y
+4.91%
3y
+6.96%
5y
+5.76%
10y
—
since inception
+6.83%
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 0.17%, the expense ratio is meaningfully cheaper — about 67% below the Dynamic Bond category average of 0.52% (based on 72 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 -1.44 — 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 1.0% 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
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Tools & Guides for This Fund
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 ₹18.79. NAV is updated every business day after market close by AMFI.
1Y: 4.91% · 3Y CAGR: 6.96% · 5Y CAGR: 5.76%
The expense ratio of Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is 0.17% per annum. This is the annual fee charged by the fund to manage your investment.
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 classified as a Moderate to High risk fund. It is 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.
You can start a SIP in Mirae Asset Dynamic Bond Fund -Direct Plan -Growth 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 Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is ₹115 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.
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