October 11, 2025
RA Jainee
Mirae Asset Dynamic Bond Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 18.0023
NAV IDCW: Rs 17.9852
Suitable For Which Investors?
Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending on where it expects to earn maximum returns, the fund management team actively decides whether to invest in bonds maturing in a few months or in the ones maturing several years later.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for investment horizon of up to three years) in their longer-term portfolios.
Fund’s Investment Strategy:
The Scheme seeks to generate optimal returns through active management of a portfolio of debt and money market instruments.
Fund Manager:
1) Mahendra Kumar Jajoo
Education: Mr. Jajoo is a B.Com (H), CS, Chartered Accountant and CFA.
Experience: Prior to joining Mirae Asset Mutual Fund he was Director with AUM Capital Markets Ltd. and also been associated with organisations like PGIM India Mutual Fund, Tata Asset Management Company, BNP Paribas Asset Management India Pvt. Ltd., ABN Amro Securities India Pvt. Ltd. and ICICI Group.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 99 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 5 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Mirae Asset Dynamic Bond Fund
| Fund House | Mirae Asset Mutual Fund |
| Launch Date | 24-Mar-17 |
| Return Since Launch | 7.12% |
| Benchmark | CRISIL Dynamic Bond A-III Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 121 Cr |
| (As on 31-Aug-2025) | |
| Expense | 0.16% |
| (As on 30-Sep-2025) | |
| Risk Grade | Low |
| Return Grade | Below Average |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Mirae Asset Dynamic Bond Dir | 6.61 | 0.02 | 0.61 | 1.4 | 3.85 | 8.08 | 7.86 | 5.69 | 7.76 | — |
| VR Bond | 4.73 | 0 | 0.78 | 0.84 | 2.12 | 6.1 | 7.37 | 5.55 | 6.44 | — |
| Debt: Dynamic Bond | 5.75 | -0.06 | 0.96 | 0.79 | 2.12 | 6.78 | 8.09 | 6.46 | 7.66 | — |
| Rank within category | 6 | 1 | 21 | 2 | 2 | 3 | 17 | 18 | 8 | — |
| Number of funds in category | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 21 | 19 | 17 |
Peer Comparison of Mirae Asset Dynamic Bond Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Mirae Asset Dynamic Bond Dir | 4 star | 8.08 | 7.86 | 5.69 | 0.16 | 121 | 7.12 | — | 8Y 6M |
| ICICI Pru All Seasons Bond Dir | 5 star | 8.63 | 8.71 | 7.38 | 0.59 | 14,948 | 9.65 | 0.25 (30) | 12Y 9M |
| Nippon India Dynamic Bond Dir | 4 star | 7.78 | 8.61 | 6.34 | 0.35 | 4,336 | 7.88 | — | 12Y 9M |
| ABSL Dynamic Bond Dir | 4 star | 7.79 | 8.46 | 7.49 | 0.64 | 1,918 | 7.76 | 0.50 (90) | 12Y 9M |
| 360 ONE Dynamic Bond Dir | 4 star | 8.88 | 8.69 | 7.31 | 0.27 | 639 | 7.51 | — | 12Y 3M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 14 | 14 |
| Macaulay Duration (yrs) | 1.38 | 6.07 |
| Average Maturity (yrs) | 1.47 | 11.91 |
| Yield to Maturity (%) | 6.39 | 6.91 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Mirae Asset Dynamic Bond Fund
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Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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