Mirae Asset Dynamic Bond Fund Overview
Category Dynamic Bond Fund
BMSMONEY Rank 19
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹15.56(R) 0.0% ₹16.94(D) 0.0%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.98% 4.95% 5.32% 6.03% -%
LumpSum (D) 7.95% 5.92% 6.3% 7.15% -%
SIP (R) -9.53% 4.38% 4.45% 4.46% -%
SIP (D) -8.74% 5.35% 5.42% 5.46% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.98 -0.29 0.36 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
2.09% -3.0% -3.1% - 1.77%
Top Dynamic Bond Fund
Fund Name Rank Rating
Quantum Dynamic Bond Fund 1
Aditya Birla Sun Life Dynamic Bond Fund 2
Iifl Dynamic Bond Fund 3
Uti Dynamic Bond Fund 4
Dsp Strategic Bond Fund 5

NAV Date: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Dynamic Bond Fund Regular IDCW 15.56
0.0000
0.0000%
Mirae Asset Dynamic Bond Fund-Regular Plan Growth 15.56
0.0000
0.0000%
Mirae Asset Dynamic Bond Fund Direct IDCW 16.93
0.0000
0.0000%
Mirae Asset Dynamic Bond Fund -Direct Plan -Growth 16.94
0.0000
0.0000%

Review Date: 17-01-2025

Mirae Asset Dynamic Bond Fund has shown poor performance in the Dynamic Bond Fund category. The fund has rank of 19 out of 20 funds in the category. The fund has delivered return of 6.98% in 1 year, 4.95% in 3 years and 5.32% in 5 years. The category average for the same periods is 8.16%, 6.12% and 6.25% respectively, which shows poor return performance of fund in the category. The fund has exhibited standard deviation of 2.09, VaR of -3.0, Average Drawdown of -1.15, Semi Deviation of 1.77 and Max Drawdown of -3.1. The category average for the same parameters is 2.17, -1.44, -0.48, 1.46 and -1.39 respectively. The fund has high risk in the category.

Key Points:

  1. An investment of ₹10,000 in Mirae Asset Dynamic Bond Fund direct growth option would have grown to ₹10795.0 in 1 year, ₹11884.0 in 3 years and ₹13576.0 in 5 years as of today (17-01-2025).
  2. An SIP of ₹1,000 per month in Mirae Asset Dynamic Bond Fund direct growth option would have grown to ₹11423.0 in 1 year, ₹39060.0 in 3 years and ₹68827.0 in 5 years as of today (17-01-2025).
  3. standard deviation of 2.09 and based on VaR one can expect to lose more than -3.0% of current value of fund in one year.
  4. Sharpe ratio of the fund is -0.98 which shows poor performance of fund in the dynamic bond fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.38
0.01
-0.66 | 0.49 4 | 21 Very Good
3M Return % 1.23
0.77
-0.32 | 1.55 5 | 21 Very Good
6M Return % 3.32
3.42
2.33 | 4.46 14 | 21 Average
1Y Return % 6.98
8.16
6.17 | 9.33 20 | 21 Poor
3Y Return % 4.95
6.12
4.91 | 8.36 19 | 20 Poor
5Y Return % 5.32
6.25
4.52 | 8.70 16 | 19 Poor
7Y Return % 6.03
6.52
5.61 | 7.49 11 | 17 Average
1Y SIP Return % -9.53
-9.28
-10.63 | -7.95 16 | 21 Average
3Y SIP Return % 4.38
5.29
3.86 | 6.10 18 | 20 Poor
5Y SIP Return % 4.45
5.59
4.45 | 7.88 19 | 19 Poor
7Y SIP Return % 4.46
5.38
4.27 | 6.47 16 | 17 Poor
Standard Deviation 2.09
2.17
1.37 | 4.35 12 | 20 Average
Semi Deviation 1.77
1.46
0.95 | 2.32 17 | 20 Poor
Max Drawdown % -3.10
-1.39
-3.10 | -0.35 20 | 20 Poor
VaR 1 Y % -3.00
-1.44
-4.70 | -0.23 19 | 20 Poor
Average Drawdown % -1.15
-0.48
-1.15 | -0.15 20 | 20 Poor
Sharpe Ratio -0.98
-0.44
-1.29 | 0.30 19 | 20 Poor
Sterling Ratio 0.36
0.54
0.36 | 0.80 20 | 20 Poor
Sortino Ratio -0.29
-0.14
-0.40 | 0.32 19 | 20 Poor
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.46 0.08 -0.59 | 0.51 4 | 21
3M Return % 1.45 0.96 -0.11 | 1.73 5 | 21
6M Return % 3.78 3.81 2.78 | 4.59 12 | 21
1Y Return % 7.95 8.97 7.24 | 10.05 20 | 21
3Y Return % 5.92 6.89 5.50 | 9.22 18 | 20
5Y Return % 6.30 6.98 5.70 | 9.46 14 | 19
7Y Return % 7.15 7.22 6.22 | 8.27 8 | 17
1Y SIP Return % -8.74 -8.63 -9.69 | -7.73 14 | 21
3Y SIP Return % 5.35 6.07 4.79 | 6.68 18 | 20
5Y SIP Return % 5.42 6.34 5.07 | 8.71 17 | 19
7Y SIP Return % 5.46 6.08 4.93 | 7.23 14 | 17
Standard Deviation 2.09 2.17 1.37 | 4.35 12 | 20
Semi Deviation 1.77 1.46 0.95 | 2.32 17 | 20
Max Drawdown % -3.10 -1.39 -3.10 | -0.35 20 | 20
VaR 1 Y % -3.00 -1.44 -4.70 | -0.23 19 | 20
Average Drawdown % -1.15 -0.48 -1.15 | -0.15 20 | 20
Sharpe Ratio -0.98 -0.44 -1.29 | 0.30 19 | 20
Sterling Ratio 0.36 0.54 0.36 | 0.80 20 | 20
Sortino Ratio -0.29 -0.14 -0.40 | 0.32 19 | 20
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.00 ₹ 10,000.00 0.00 ₹ 10,000.00
1W 0.09 ₹ 10,009.00 0.10 ₹ 10,010.00
1M 0.38 ₹ 10,038.00 0.46 ₹ 10,046.00
3M 1.23 ₹ 10,123.00 1.45 ₹ 10,145.00
6M 3.32 ₹ 10,332.00 3.78 ₹ 10,378.00
1Y 6.98 ₹ 10,698.00 7.95 ₹ 10,795.00
3Y 4.95 ₹ 11,559.00 5.92 ₹ 11,884.00
5Y 5.32 ₹ 12,961.00 6.30 ₹ 13,576.00
7Y 6.03 ₹ 15,065.00 7.15 ₹ 16,217.00
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -9.53 ₹ 11,370.47 -8.74 ₹ 11,423.18
3Y ₹ 36000 4.38 ₹ 38,491.16 5.35 ₹ 39,059.57
5Y ₹ 60000 4.45 ₹ 67,155.36 5.42 ₹ 68,827.26
7Y ₹ 84000 4.46 ₹ 98,436.16 5.46 ₹ 102,013.63
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Mirae Asset Dynamic Bond Fund NAV Regular Growth Mirae Asset Dynamic Bond Fund NAV Direct Growth
17-01-2025 15.5552 16.9399
16-01-2025 15.5551 16.9394
15-01-2025 15.5478 16.9311
14-01-2025 15.5409 16.9231
13-01-2025 15.5379 16.9195
10-01-2025 15.5415 16.9223
09-01-2025 15.539 16.9191
08-01-2025 15.5407 16.9205
07-01-2025 15.539 16.9183
06-01-2025 15.5306 16.9088
03-01-2025 15.5202 16.8963
02-01-2025 15.5163 16.8916
01-01-2025 15.5177 16.8927
31-12-2024 15.5118 16.8859
30-12-2024 15.5085 16.8819
27-12-2024 15.5022 16.8739
26-12-2024 15.5021 16.8733
24-12-2024 15.4926 16.8622
23-12-2024 15.4938 16.8631
20-12-2024 15.486 16.8535
19-12-2024 15.4822 16.8489
18-12-2024 15.4963 16.8638
17-12-2024 15.4956 16.8626

Fund Launch Date: 03/Mar/2017
Fund Category: Dynamic Bond Fund
Investment Objective: The objective of the Scheme is to generate o p t i m a l r e t u r n s through a c t i v e management of a portfolio of debt and money market instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns
Fund Description: Dynamic Bond Fund - An Open ended dynamic debt scheme investing across duration
Fund Benchmark: CRISIL Composite Bond Fund Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.