Mirae Asset Dynamic Bond Fund Regular Growth
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- Fund Summary
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|Fund Type||Dynamic Bond|
|Exit Load||0.5% for 182 Days|
More about this fund
|5.63% Govt Stock 2026||30.85%|
|6.18% Govt Stock 2024||15.92%|
|Net Receivables / (Payables)||8.5%|
|National Bank For Agriculture and Rural Development||7.09%|
|Oil & Natural Gas Corporation Limited||6.85%|
|6.64% Govt Stock 2035||4.61%|
|Indian Railway Finance Corporation Limited||3.7%|
|National Housing Bank||3.45%|
|5.85% Govt Stock 2030||3.39%|
About Mirae Asset Dynamic Bond Fund
Mirae Asset Dynamic Bond Fund is an open-ended scheme which invests in money market instruments and debt securities. The fund might also invest in repo/reverse repo in corporate bonds, but will not engage in short selling or investing in unrated debts and securities. The fund suggests shifting investment period based on the interest rate outlook.
Pros & Cons of Mirae Asset Dynamic Bond Fund
Mirae Asset Dynamic Bond Fund offers the following benefits: 1. The scheme is aimed at providing optimal returns over short to medium term. 2. The fund is actively managed may change exposure tenure and type of bonds in the portfolio. 3. On the downside, the fund is comparatively newer and has smaller Asset Under Management (AUM).
Fund Information and Statistics of Mirae Asset Dynamic Bond Fund
i) Inception / Launch date
The Mirae Asset Dynamic Bond Fund was started in March 2017 by Mirae Mutual Fund.
ii) Risk level
The fund is moderately risky and ideal for investors with a medium investment horizon. It is suitable for investors looking for defensive opportunities.
The units can be redeemed on any business day based on the NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days.
iv) Fund Manager
The fund is managed by Krishna Kumar Jajoo since March 2017. He is a B. Com (Hon), CS, CA, and CFA. He has previously worked with Pramerica Asset Managers Private Ltd., Tata Asset Management Company, and ICICI Group.
v) Entry / Exit load
The fund house does not charge any entry load, but charges 0.5% exit load if redeemed within six months from the date of allotment. However, no exit load is charged if redeemed after six months.
Tax benefits of investing in Mirae Asset Dynamic Bond Fund
The Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than three years.
About Mirae Asset
Mirae Asset was founded during the Asian currency crisis in 1997 to provide insightful financial strategies and consistent performance. Today, it serves customers in 12 countries across five continents and manages 123.5 billion dollars of assets. The company is backed by a strong team of 177 investment professionals.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns