Should I invest in Mirae Asset Dynamic Bond Fund?

We don't give personal investment advice. Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.5%. 5-year CAGR: 6.00%.

Mirae Asset

Mirae Asset Dynamic Bond Fund -Direct Plan -Growth

Latest NAV

₹18.8029

As of

17 Jul 2026

2,253 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.12%	-0.03%	-0.09	19 / 24	Q4
1W	-0.01%	-0.12%	+0.11	7 / 24	Q2
2W	+0.05%	-0.10%	+0.16	7 / 24	Q2
1M	+0.52%	+1.01%	-0.49	23 / 24	Q4
3M	+1.40%	+2.20%	-0.80	22 / 24	Q4
6M	+3.06%	+3.35%	-0.29	16 / 24	Q3
YTD	+3.13%	+3.03%	+0.10	13 / 24	Q3
1Y	+5.74%	+4.48%	+1.27	5 / 24	Q1
2Y	+7.36%	+6.78%	+0.57	9 / 24	Q2
3Y	+7.29%	+7.09%	+0.21	13 / 24	Q3
4Y	+7.20%	+7.30%	-0.10	15 / 23	Q3
5Y	+6.00%	+6.53%	-0.53	19 / 22	Q4
7Y	+6.34%	+6.80%	-0.46	16 / 21	Q4
10Y	—	—	—	—	—
Inception	+6.96%	+7.59%	-0.63	19 / 24	Q4

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.13%	+3.04%	+0.09	12 / 22
2025	+7.91%	+6.45%	+1.46	3 / 22
2024	+8.05%	+9.50%	-1.45	21 / 22
2023	+6.75%	+7.18%	-0.43	17 / 22
2022	+2.34%	+3.73%	-1.38	17 / 22
2021	+3.40%	+4.80%	-1.40	13 / 21
2020	+10.62%	+9.74%	+0.88	9 / 21
2019	+12.64%	+8.95%	+3.69	2 / 21
2018	+6.23%	+6.33%	-0.10	9 / 19
2017	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+7.13%

102 windows

min -0.3% · max 17.2%

99% positive

3-Year rolling

+7.00%

77 windows

min 3.9% · max 10.2%

100% positive

5-Year rolling

+6.52%

53 windows

min 5.5% · max 7.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+7.20%

29 windows

min 6.3% · max 7.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

0.85%

3-year · annualised

Sharpe ratio

0.66

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.30%

Oct 2023 → Oct 2023

% positive months

100.0%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Dynamic Bond Fund

Scheme	Fund house	NAV	As of
HDFC Dynamic Debt Fund - Growth Option - Direct Plan	HDFC	₹103.4571	17 Jul 2026
Nippon India Dynamic Bond Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹42.3595	17 Jul 2026
SBI Dynamic Bond Fund - DIRECT PLAN - Growth	SBI	₹41.2977	17 Jul 2026
ICICI Prudential All Seasons Bond Fund - Direct Plan - Growth	ICICI Prudential	₹42.4684	17 Jul 2026
BANDHAN Dynamic Bond Fund-Direct Plan-Growth	Bandhan	₹40.1432	17 Jul 2026
Quantum Dynamic Bond Fund - Direct Plan Growth Option	Quantum	₹22.8158	17 Jul 2026
Aditya Birla Sun Life Dynamic Bond Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹52.7806	17 Jul 2026
Franklin India Dynamic Accrual Fund - Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct Growth Plan	Franklin India	₹0.0000	17 Jul 2026
Kotak Dynamic Bond Fund - Growth - Direct	Kotak	₹43.4114	17 Jul 2026
DSP Strategic Bond Fund - Direct Plan - Growth	DSP	₹3,712.7837	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹18.8029
16 Jul 2026	₹18.8254
15 Jul 2026	₹18.8068
14 Jul 2026	₹18.7910
13 Jul 2026	₹18.8162
10 Jul 2026	₹18.8046
9 Jul 2026	₹18.7991
8 Jul 2026	₹18.7926
7 Jul 2026	₹18.7976
6 Jul 2026	₹18.7985

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is ₹18.8029. It's a Dynamic Bond Fund from Mirae Asset, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Mirae Asset Dynamic Bond Fund -Direct Plan -Growth has NAV history starting from 27 Mar 2017, a track record of about 9 years 3 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is managed by Mirae Asset. It's classified by AMFI under the 'Dynamic Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Mirae Asset Dynamic Bond Fund -Direct Plan -Growth has delivered a absolute return of 5.74% — +1.27 pp ahead of the Dynamic Bond Fund category average of 4.48%. The fund ranks #5 of 24 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Mirae Asset Dynamic Bond Fund -Direct Plan -Growth has delivered a CAGR of 7.29% — +0.21 pp ahead of the Dynamic Bond Fund category average of 7.09%. The fund ranks #13 of 24 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Mirae Asset Dynamic Bond Fund -Direct Plan -Growth has delivered a CAGR of 6.00% — -0.53 pp behind the Dynamic Bond Fund category average of 6.53%. The fund ranks #19 of 22 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Mirae Asset Dynamic Bond Fund -Direct Plan -Growth exactly 5 years ago would be worth approximately ₹133,811 today — a multiplier of 1.34×, based on the 5-year CAGR of 6.00%. The category average over the same window would have grown ₹1 lakh to ₹137,184.

A ₹10,000 monthly SIP in Mirae Asset Dynamic Bond Fund -Direct Plan -Growth over the last 5 years — total invested ₹600,000 — would be worth ₹714,061 today. That's an XIRR (money-weighted annualised return) of 6.89%.

Mirae Asset Dynamic Bond Fund -Direct Plan -Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,056,868 — XIRR 6.46%.

On a 5-year basis, Mirae Asset Dynamic Bond Fund -Direct Plan -Growth ranks #19 out of 22 funds in the Dynamic Bond Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 6.53%; this fund delivered 6.00%.

The worst peak-to-trough decline Mirae Asset Dynamic Bond Fund -Direct Plan -Growth has experienced over the last 5-year window is 3.49% — its NAV fell from a high on 05 Apr 2022 to a low on 07 Jun 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Mirae Asset Dynamic Bond Fund -Direct Plan -Growth averaged 6.52% (best 7.60%, worst 5.51%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.36 — negative risk-adjusted performance.

In calendar year 2025, Mirae Asset Dynamic Bond Fund -Direct Plan -Growth returned 7.91% — beating the Dynamic Bond Fund category average of 6.45% by 1.46 pp. It ranked #3 of 22 in its category that year.

Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.5%. 5-year CAGR: 6.00%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

Mirae Asset Dynamic Bond Fund -Direct Plan -Growth

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Dynamic Bond Fund

Recent NAVs

Frequently asked questions

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