MIRAE ASSET DYNAMIC BOND REVIEW
About Mirae Asset
Mirae Asset was founded in 1997. Presently, Mirae Asset encompasses the global capability to deliver our best ideas to investors around the world via on-the-ground presence in 14 countries across 5 continents. The goal is to provide the clients with insightful financial strategies and consistent performance through their diversified product offering.
At Mirae Asset the decision-making is guided by the four core values:
- Clients First,
- Team Play and
About Mirae Dynamic Bond Fund
It is a debt mutual fund scheme that was launched by Mirae Asset mutual fund. Later on, it was introduced on 24th March 2017 to its investors. Currently, the fund is managed by Mahendra Jajoo. Talking about AUM, it is of INR 58 Cr, and, the latest NAV is of INR 13.16 (dated as of 21st April 2020). The fund growth is rated moderate risk. Also, the minimum SIP investment is INR 1000, and, minimum lumpsum investment is INR 5000. Not to miss, exit load of 0.50%, only if redeemed within 182 days.
The objective of the investment scheme is to generate optimal returns through active management of a portfolio of money and debt market instruments. Though, there is no such assurance that the objective of the investment will be realized; there are no guarantee of any returns.
Returns are taxed as per the Income tax Slab, only if sold before 3 years.
Pros of the Fund
- Low expense ratio
- 1-year returns are high as compared to the benchmark
Looking to invest? Hop on to gulaq.com and start investing in direct mutual funds. Furthermore, you can also get in touch: [email protected]
*Disclaimer: investment in securities market are subject to market risks, read all the related documents carefully before investing