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(Erstwhile known as Mirae Asset Dynamic Bond Fund)
(An Open-ended dynamic debt scheme investing across duration. A relatively high interest rate risk and relatively high credit risk.)An Open-ended dynamic debt scheme investing across duration.
Credit Quality: Investing predominantly in State Development Loan (SDL) and AAA PSU papers in almost equal proportion (~50% each)
Duration: Invest in papers with maturity of approximately 5 years (+/- 6 Months), which in current scenario is the sweet spot.
Approach: It will follow accrual rolldown strategy which has potential to work well in current interest rate scenario.
An Open-ended dynamic debt scheme investing across duration. A relatively high interest rate risk and relatively high credit risk.
Mr. Basant Bafna
24th March, 2017
Tier-1 - CRISIL Dynamic Bond A-III Index
Tier-2 - Nifty PSU Bond Plus SDL Apr 2027 50:50 Index
₹ 5,000/- and in multiples of ₹ 1/-thereafter.
₹ 1,000/- per application and in multiples of ₹ 1/- thereafter.
Regular Plan and Direct Plan
Growth Option and IDCW (Payout / Reinvestment)
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Click here to view the latest TER.
Recommended Investment Horizon
3+ Years
Investment in high quality papers with flexibility to invest
Income
For Historic NAV Click here
| Record date | Div. Ind (₹) | Div. Corp (₹) | Cum Nav (₹) |
For Historic Dividend Click here
Mirae Asset Debt Investment Process and Philosophy
Mirae Asset Dynamic Bond Fund is suitable for investors who are seeking optimal returns over the short to medium term. The fund aims to generate optimal returns through the active management of a portfolio comprising debt and money market instruments. The scheme's riskometer indicates that the risk associated with the scheme is Moderate. The benchmark riskometer, based on the AMFI Tier 1 Benchmark and the CRISIL Dynamic Bond A-III Index, indicates that the benchmark risk level is Low to Moderate. Investors should carefully evaluate their investment objectives, investment horizon, and risk appetite before investing. If investors are unsure about the suitability of this product, they should consult their financial advisor.
Potential Risk Class Matrix (PRC)
| Credit Risk → Interest Rate Risk↓ | Relatively Low (Class A) | Moderate (Class B) | Relatively High (Class C) |
|---|---|---|---|
| Relatively Low (Class I) | |||
| Moderate (Class II) | |||
| Relatively High (Class III) | C- III |
View Performance of the funds managed by the Fund Manager
How to achieve your goal
| Name | Allocation | |
| CORPORATE BOND | ||
| 1 | REC Limited | 8.46% |
| 2 | National Bank For Agriculture and Rural Development | 8.27% |
| 3 | Indian Railway Finance Corporation Limited | 7.43% |
| STATE GOVERNMENT BOND | ||
| 1 | 7.85% Rajasthan SDL (MD 15/03/2027) | 10.56% |
| 2 | 7.86% Karnataka SDL (MD 15/03/2027) | 9.27% |
| 3 | 7.76% Madhya Pradesh SDL (MD 01/03/2027) | 9.22% |
*Data as on 31st March, 2022.
