Sharpe ratio
0.11Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+3.33%1Y Absolute Return
-0.32%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| Mirae Asset Dynamic Bond Fund -Direct Plan -GrowthFund 5Y annualised return | ₹8,39,007 | ₹7,32,612 | ₹1,06,395 | +5.64% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.07
₹1 Lakh since launch₹1.07 Lakh
Fund age9.6 yrs
Fund information
Scheme code140769
ISININF769K01DR8
BenchmarkCRISIL Dynamic Bond A-III Index
CategoryDebt Scheme - Dynamic Bond
Expense ratio0.16%
Exit loadNil
Minimum SIP₹99 SIP
Return comparison
46th / 160 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +11.91% | — | — |
| 3M | -5.24% | — | — |
| 6M | +1.37% | — | — |
| 1Y | +3.33% | — | +1.66% |
| 3Y | +6.56% | — | +3.62% |
| 5Y | +5.64% | — | +3.39% |
| Since Launch | +6.67% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.17Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
1.77%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
1.91How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt90.96%
Cash9.04%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 16 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Karnataka State SDL 7.86 15/03/2027 | Unspecified | State Development Loan | 8.6804% |
| Gujarat State SDL 7.71 01/03/2027 | Industrials | State Development Loan | 8.6655% |
| Indian Railway Finance Corporation Ltd SR-118 Bonds 7.83 21/03/2027 | Financial | Bonds | 8.6034% |
| REC Ltd SR-147 Bonds 7.95 12/03/2027 | Financial | Bonds | 8.6017% |
| Power Finance Corporation Ltd Bonds/Deb 7.60 20/02/2027 | Financial | Bonds/Debentures | 8.5835% |
| Power Grid Corporation of India Ltd Debenture 7.30 19/06/2027 | Energy & Utilities | Debenture | 8.5695% |
| Export-Import Bank Of India SR-T-06 Bonds 7.62 01/09/2026 | Financial | Bonds | 8.5618% |
| NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SERIES MIF 1A 6.57 LOA 01JU27 FVRS10LAC | Financial | Debenture | 8.5099% |
| Repo | Unspecified | Repo | 6.7355% |
| 07.85% RAJASTHAN SDL 15-MAR-2027 7.85 15/03/2027 | Unspecified | State Development Loan | 4.338% |
Fund management
BA
Basant Bafna
Since 2025 · Prior to joining Mirae Asset Mutual Fund, he has worked with India Exim Bank and Union Bank of India
Mr. Bafna has done B.Com, MBA, CS, CA, FRM and CFA
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Summary
A low to moderate-risk debt scheme - dynamic bond fund. Recovered from its worst fall in 3 months. Top 10 holdings make up 80% — a handful of stocks can swing returns sharply.
Strengths
- Recovered from its worst fall in 3 months.
Weaknesses
- Top 10 holdings make up 80% — a handful of stocks can swing returns sharply.
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its low to moderate risk level.
Risk drivers
- Top 10 holdings = 80% of the portfolio.