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: 5.86%.

Mirae Asset

Mirae Asset Dynamic Bond Fund -Direct Plan -Growth

Latest NAV

₹18.6144

As of

3 Jun 2026

2,222 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	-0.01%	+11.82%	-11.83	21 / 25	Q4
1W	+0.12%	+3.69%	-3.56	18 / 27	Q3
2W	+0.13%	+7.92%	-7.79	25 / 26	Q4
1M	+0.20%	+7.80%	-7.60	14 / 26	Q3
3M	+1.13%	+8.21%	-7.08	5 / 26	Q1
6M	+2.46%	+9.49%	-7.02	3 / 26	Q1
YTD	+2.07%	+8.54%	-6.47	4 / 26	Q1
1Y	+5.46%	+11.20%	-5.74	4 / 26	Q1
2Y	+7.34%	+9.56%	-2.22	4 / 25	Q1
3Y	+7.10%	+6.58%	+0.53	7 / 24	Q2
4Y	+7.36%	+7.03%	+0.33	9 / 23	Q2
5Y	+5.86%	+6.23%	-0.37	16 / 22	Q3
7Y	+6.96%	+6.90%	+0.06	12 / 21	Q3
10Y	—	—	—	—	—
Inception	+6.94%	+10.91%	-3.97	19 / 25	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	+2.07%	+0.90%	+1.18	2 / 22
2025	+7.91%	+6.45%	+1.46	3 / 22
2024	+8.05%	+9.50%	-1.45	21 / 22
2023	+6.75%	+2.52%	+4.23	17 / 23
2022	+2.34%	+16.46%	-14.12	18 / 23
2021	+3.40%	+3.87%	-0.47	13 / 22
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

+7.17%

100 windows

min 0.4% · max 17.1%

100% positive

3-Year rolling

+7.04%

76 windows

min 3.8% · max 10.1%

100% positive

5-Year rolling

+6.55%

52 windows

min 5.4% · max 7.7%

100% positive

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

7-Year rolling

+7.24%

27 windows

min 6.7% · max 7.7%

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

0.83%

3-year · annualised

Sharpe ratio

0.47

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	₹100.6129	3 Jun 2026
Nippon India Dynamic Bond Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹41.4175	3 Jun 2026
SBI Dynamic Bond Fund - DIRECT PLAN - Growth	SBI	₹40.5289	3 Jun 2026
ICICI Prudential All Seasons Bond Fund - Direct Plan - Growth	ICICI Prudential	₹41.4902	3 Jun 2026
BANDHAN Dynamic Bond Fund-Direct Plan-Growth	Bandhan	₹38.9185	3 Jun 2026
Quantum Dynamic Bond Fund - Direct Plan Growth Option	Quantum	₹22.2663	3 Jun 2026
Aditya Birla Sun Life Dynamic Bond Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹51.6266	3 Jun 2026
Franklin India Dynamic Accrual Fund - Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct Growth Plan	Franklin India	₹0.0000	3 Jun 2026
Kotak Dynamic Bond Fund - Growth - Direct	Kotak	₹42.2341	3 Jun 2026
DSP Strategic Bond Fund - Direct Plan - Growth	DSP	₹3,601.6549	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹18.6144
2 Jun 2026	₹18.6097
1 Jun 2026	₹18.6109
29 May 2026	₹18.5993
27 May 2026	₹18.5904
26 May 2026	₹18.5866
25 May 2026	₹18.5871
22 May 2026	₹18.5702
21 May 2026	₹18.5686
20 May 2026	₹18.5808

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 03 Jun 2026, the NAV of Mirae Asset Dynamic Bond Fund -Direct Plan -Growth is ₹18.6144. 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 2 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 5.46% — -5.74 pp behind the Dynamic Bond Fund category average of 11.20%. The fund ranks #4 of 26 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 7.10% — +0.53 pp ahead of the Dynamic Bond Fund category average of 6.58%. The fund ranks #7 of 24 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Mirae Asset Dynamic Bond Fund -Direct Plan -Growth has delivered a CAGR of 5.86% — -0.37 pp behind the Dynamic Bond Fund category average of 6.23%. The fund ranks #16 of 22 in its category — the third (Q3) quartile.

₹1 lakh invested in Mirae Asset Dynamic Bond Fund -Direct Plan -Growth exactly 5 years ago would be worth approximately ₹132,933 today — a multiplier of 1.33×, based on the 5-year CAGR of 5.86%. The category average over the same window would have grown ₹1 lakh to ₹135,253.

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 ₹711,557 today. That's an XIRR (money-weighted annualised return) of 6.75%.

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 ₹1,054,516 — XIRR 6.39%.

On a 5-year basis, Mirae Asset Dynamic Bond Fund -Direct Plan -Growth ranks #16 out of 22 funds in the Dynamic Bond Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 6.23%; this fund delivered 5.86%.

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 6.55% (best 7.67%, worst 5.42%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.39 — 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: 5.86%.

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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