Mirae Asset Dynamic Bond Fund Overview
Category Dynamic Bond Fund
BMSMONEY Rank 21
Rating
Growth Option 21-05-2025
NAV ₹16.12(R) +0.13% ₹17.6(D) +0.13%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 8.34% 6.81% 4.62% 6.59% -%
Direct 9.3% 7.79% 5.6% 7.68% -%
Benchmark
SIP (XIRR) Regular 9.1% 7.44% 5.82% 5.59% -%
Direct 10.06% 8.41% 6.78% 6.58% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-0.07 -0.02 0.51 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
1.78% -0.78% -1.66% - 1.48%

NAV Date: 21-05-2025

Scheme Name NAV Rupee Change Percent Change
Mirae Asset Dynamic Bond Fund Regular IDCW 16.12
0.0200
0.1300%
Mirae Asset Dynamic Bond Fund-Regular Plan Growth 16.12
0.0200
0.1300%
Mirae Asset Dynamic Bond Fund Direct IDCW 17.59
0.0200
0.1300%
Mirae Asset Dynamic Bond Fund -Direct Plan -Growth 17.6
0.0200
0.1300%

Review Date: 21-05-2025

Beginning of Analysis

In the Dynamic Bond Fund category, Mirae Asset Dynamic Bond Fund is the 21st ranked fund. The category has total 21 funds. The Mirae Asset Dynamic Bond Fund has shown a very poor past performence in Dynamic Bond Fund. The fund has a Sharpe Ratio of -0.07 which is lower than the category average of 0.6.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
Dynamic Bond Mutual Funds are ideal for investors seeking higher returns by taking advantage of interest rate movements. However, they come with higher risks, including interest rate risk and volatility, and their performance depends heavily on the fund manager's expertise. Investors should carefully assess their risk tolerance, investment horizon, and financial goals before investing in these funds. Additionally, it is crucial to choose funds managed by experienced professionals with a proven track record in managing interest rate cycles.

Mirae Asset Dynamic Bond Fund Return Analysis

  • The fund has given a return of 1.09%, 3.12 and 4.99 in last one, three and six months respectively. In the same period the category average return was 1.02%, 4.78% and 6.58% respectively.
  • Mirae Asset Dynamic Bond Fund has given a return of 9.3% in last one year. In the same period the Dynamic Bond Fund category average return was 11.41%.
  • The fund has given a return of 7.79% in last three years and ranked 20.0th out of 21 funds in the category. In the same period the Dynamic Bond Fund category average return was 8.82%.
  • The fund has given a return of 5.6% in last five years and ranked 19th out of 19 funds in the category. In the same period the Dynamic Bond Fund category average return was 7.13%.
  • The fund has given a SIP return of 10.06% in last one year whereas category average SIP return is 12.55%. The fund one year return rank in the category is 21st in 21 funds
  • The fund has SIP return of 8.41% in last three years and ranks 21st in 21 funds. Dsp Strategic Bond Fund has given the highest SIP return (10.77%) in the category in last three years.
  • The fund has SIP return of 6.78% in last five years whereas category average SIP return is 8.19%.

Mirae Asset Dynamic Bond Fund Risk Analysis

  • The fund has a standard deviation of 1.78 and semi deviation of 1.48. The category average standard deviation is 2.38 and semi deviation is 1.55.
  • The fund has a Value at Risk (VaR) of -0.78 and a maximum drawdown of -1.66. The category average VaR is -1.02 and the maximum drawdown is -0.91.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in Dynamic Bond Fund Category
  • Good Performance in Dynamic Bond Fund Category
  • Poor Performance in Dynamic Bond Fund Category
  • Very Poor Performance in Dynamic Bond Fund Category

  • 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.


    Date Mirae Asset Dynamic Bond Fund NAV Regular Growth Mirae Asset Dynamic Bond Fund NAV Direct Growth
    21-05-2025 16.1176 17.604
    20-05-2025 16.0974 17.5815
    19-05-2025 16.0879 17.5707
    16-05-2025 16.0719 17.552
    15-05-2025 16.0552 17.5333
    14-05-2025 16.045 17.5218
    13-05-2025 16.0335 17.5088
    09-05-2025 16.0004 17.471
    08-05-2025 16.008 17.4789
    07-05-2025 16.019 17.4905
    06-05-2025 16.0156 17.4863
    02-05-2025 15.9989 17.4664
    30-04-2025 15.9924 17.4585
    28-04-2025 15.9745 17.4381
    25-04-2025 15.9699 17.4319
    24-04-2025 15.9696 17.4311
    23-04-2025 15.9691 17.4301
    22-04-2025 15.9581 17.4177
    21-04-2025 15.9549 17.4138

    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.