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 Mutual Fund

Mirae Asset Dynamic Bond Fund-Regular 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

Full rating methodology →

TopFund Score: 75/100 · Good

How this score is calculated

  • Star rating (35%)5/5
  • 3Y CAGR (30%)6.87%
  • 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

₹18.76

+1.78 (+10.48%)

AUM: ₹115 Cr

NAV updated about 15 hours ago

Plan

Regular

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

-2.45

Std Dev (1Y)

1.1%

Historical Returns (CAGR)

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

1m

-0.42%

3m

+0.07%

6m

+1.78%

1y

+4.59%

3y

+6.87%

5y

+5.72%

10y

+7.76%

since inception

+5.68%

TopFund's Take on Mirae Asset Dynamic Bond Fund-Regular Plan Growth

Mirae Asset Dynamic Bond Fund-Regular 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 75/100.

Cost: At 0.17%, the expense ratio is meaningfully cheaper — about 68% 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 -2.45 — 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 1.1% 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

Entities 50.32%
Financial 25.73%
Technology 6.86%

Asset Allocation

GOI Securities 50.32%
Non Convertible Debenture 17.16%
Repo 14.49%
Bonds 8.57%
Debenture 6.86%
Net Receivables 2.03%
Alternative Investment Fund 0.56%

Frequently Asked Questions about Mirae Asset Dynamic Bond Fund-Regular Plan Growth

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

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