MIRAE ASSET
DYNAMIC BOND FUND - (MADBF)
(Dynamic Bond Fund - An Open ended dynamic debt scheme investing across duration)
| Type of Scheme | Dynamic Bond Fund - An Open ended dynamic debt scheme investing across duration |
||||||||||||||||||||||
| Investment Objective | The objective of the Scheme is to generate optimal returns through active 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 Manager** |
Mr. Mahendra Jajoo - (since March 24, 2017) Allotment Date |
24th March, 2017 Benchmark Index |
CRISIL Composite Bond Fund Index Minimum Investment |
Amount ₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) Monthly and Quarterly: ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 installments. Load Structure |
Entry load: NA Exit Load: If redeemed within 6 months (182 days) from the date of allotment – 0.50% ;If redeemed after 6 months (182 days) from the date of allotment – Nil Plans Available |
Regular Plan and Direct Plan Options Available |
Growth Option and Dividend Option (Payout & Re-investment) Monthly Average AUM (₹ Cr.) as on February 28, 2021 |
150.93 Net AUM (₹ Cr.) |
149.88 Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on February 28, 2021 Regular Plan: 1.44% Direct Plan: 0.48% **For experience of Fund Managers Click Here |
| ||||||||||||
| NAV: | Direct | Regular |
| Growth | ₹ 13.7481 | ₹ 13.0906 |
| Dividend | ₹ 13.7481 | ₹ 13.0906 |
| Weighted Average Maturity | 1.19 Years |
| Modified Duration | 1.05 Years |
| Macaulay Duration | 1.11 Years |
| Yield to Maturity | 4.05% |
| Portfolio Holdings | % Allocation | |
| Government Bond | ||
| 6.18% GOI (04/11/2024) | 20.57% | |
| Government Bond Total | 20.57% | |
| Corporate Bond | ||
| 6.98% NABARD (19/09/2022) | 6.90% | |
| 4.50% HDFC Ltd (14/12/2022) | 6.60% | |
| 4.64% Oil & Nat Gas Corp Ltd (21/11/2023) | 6.59% | |
| Corporate Bond Total | 20.09% | |
| Treasury Bill | ||
| 91 Days Tbill (01/04/2021) | 19.96% | |
| Treasury Bill Total | 19.96% | |
| Cash & Other Receivables Total | 39.38% | |
| Total | 100.00% | |
| Returns (%) | ||||
| 1 Yr | 3 Yrs | SI | ||
| MADBF | 6.85 |
8.48 |
7.09 |
|
| Scheme Benchmark* | 6.94 |
9.23 |
7.91 |
|
| Additional Benchmark** | 4.93 |
8.94 |
6.16 |
|
| NAV as on 26th Febraury, 2021 | 13.0906 | |||
| Index Value (26th February, 2021) | Index Value of benchmark is 3,782.70 and CRISIL 10 Year Gilt Index is 3,976.93. | |||
| Allotment Date | 24th March, 2017 | |||
| Scheme Benchmark | *CRISIL Composite Bond Fund Index | |||
| Additional Benchmark | **CRISIL 10 Year Gilt Index | |||
Note:1. Different Plans under the scheme has different expense structure. The reference and details provided herein are of Regular Plan - Growth Option
2. Fund manager : Mr. Mahendra Jajoo managing the scheme since 24th March, 2017
This product is suitable for investors who are seeking*
. Optimal returns over short to medium term
. To generate optimal returns through active management of a portfolio of debt and money market instruments
• Degree of risk - Low to Moderate
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 