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Mirae Asset Mutual Fund

Mirae Asset Dynamic Bond Fund Regular IDCW

★★★★★ TopFund est.

TopFund Score (fallback rating)

  • Calculated by: TopFund — used only when no third-party rating exists for this fund
  • Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis

Full rating methodology →

TopFund Score: 69/100 · Good

How this score is calculated

  • Star rating (35%)4/5
  • 3Y CAGR (30%)7.25%
  • Expense ratio (20%)0.16%
  • AUM (15%)₹117 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Mirae Asset Mutual Fund · Debt · Dynamic Bond

₹17.11

+0.0 (+0.0%)

AUM: ₹116 Cr

NAV updated 29 days ago

Plan

Regular

Option

Idcw

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

-2.21

Std Dev (1Y)

0.71%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

+0.15%

3m

+1.33%

6m

+2.86%

1y

+5.57%

3y

+7.25%

5y

+5.98%

10y

—

since inception

+5.81%

TopFund's Take on Mirae Asset Dynamic Bond Fund Regular IDCW

Mirae Asset Dynamic Bond Fund Regular IDCW holds up reasonably well within the Dynamic Bond category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 69/100.

Cost: At 0.16%, the expense ratio is meaningfully cheaper — about 70% 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 -2.21 — 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 0.71% 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

State Development Loan 38.98%
Bonds 25.76%
Debenture 17.08%
Bonds/Debentures 8.58%
Repo 6.74%
Net Receivables 2.30%
Alternative Investment Fund 0.55%

Frequently Asked Questions about Mirae Asset Dynamic Bond Fund Regular IDCW

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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