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Mirae Asset Dynamic Bond Fund
(Dynamic Bond Fund - An open-ended income scheme)

You can’t change the direction of the wind But you can adjust your sails

Features of MADBF

Investment Strategy

Rebalancing of portfolio following the changes in interest rate outlook

  • Changing exposure to larger or shorter bonds maturity
  • Changing composition between Government bonds and Corporate bonds
Interest Rate Outlook Positive Neutral Negative
Duration (Indicative) Aggressive (7+ years) Moderate / Cautious (3-7 years) Defensive / Protective (0-3 years)

Asset Allocation

Type of Instruments Indicative allocation
(% of total assets)
Risk Profile
Minimum Maximum
Money market instruments & Debt securities 0 100 Low to Medium

The scheme does not intend to invest in securitized debt and overseas / foreign securities.

The scheme may invest in repo/reverse repo in corporate bonds. The scheme shall not engage in short selling, credit default swaps and securities lending and borrowing. The scheme shall not invest in any unrated debt instruments and derivatives. The scheme will not advance any loans.

Product Label

Product Labelling MADBF
Fund Information
Fund Manager Mr. Mahendra Kumar Jajoo
Benchmark Index CRISIL Composite Bond Fund Index
Minimum Investment Amount Rs. 5,000/- and in multiples of Rs. 1/- thereafter
Systematic Investment Plan (SIP) Minimum 5 installments monthly of Rs.1000/- (in multiples of Re.1/- thereafter).
Plans Available Regular Plan and Direct Plan
Options Available Growth Option and Dividend Option (Payout & Re-investment)