MonitorDirect · GrowthWatch before adding
Mirae Asset Dynamic Term Fund
Mirae Asset Mutual FundIncome/Debt Oriented Schemes - Dynamic Term Fund9.6 years
- NAV
- 18.5266
- 30 Oct 2026
- 1Y
- +2.6%
- Trailing CAGR
- AUM
- ₹114.36 Cr
- 30 Sept 2026
- Volatility
- Low
- 2.3% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Kotak Dynamic Term Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
9.6 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.17% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -3.5%. Ask whether you can hold through a similar fall.
Vs category
Fail
36% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 98.3% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+2.6%
- 3Y+6.4%
- 5Y+5.5%
- 10Yn/a
- SI+6.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+0.5%
- 3Y+4.9%
- 5Y+5.7%
- 10Yn/a
- Since inception
- +6.6%
- Calendar-day CAGR
- Excess 1Y
- -0.6%
- Category median, same plan and option
- 3Y win rate
- +36%
- Windows beating the median
- 3Y percentile
- 30
- Vs comparable share classes
- SIP 3Y XIRR
- +4.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +3.7%
- 1598 daily-ending windows
- Median rolling 3Y
- +7.2%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1114 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -3.5%
- Worst peak-to-trough
- Current
- -2.3%
- Below last peak
- Current spell
- 77 days
- Days below latest peak
- Time below peak
- +60%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 6 days
- 235 recovered episodes
- Longest recovery
- 149 days
- Trough to prior peak
5 Apr 2022 – 13 Sept 2022
Trough 7 Jun 2022 · recovered in 98 days
-3.5%
14 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-2.6%
5 Apr 2018 – 11 Oct 2018
Trough 15 May 2018 · recovered in 149 days
-2.0%
31 Mar 2020 – 20 Apr 2020
Trough 9 Apr 2020 · recovered in 11 days
-1.9%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
30
Vs category
46
Consistency
42
Risk-adjusted
41
Drawdown
91
Mean
50
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 12 holdings · top 10 are 98.3%.
- Top 5
- 67.3%
- Top 10
- 98.3%
- Largest holding
- 21.5%
- Effective holdings
- 8.0
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100
Entities
21.5%
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100
Entities
15.7%
GOVERNMENT OF INDIA 37699 GOI 27JL41 7.06 FV RS 100
Entities
12.8%
7.71% GOI 18-May-2066
Entities
8.7%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26D 7.01 BD 16MR29 FVRS1LAC
Financial
8.6%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Kotak Dynamic Term Fund
Kotak Mahindra Mutual Fund
- 1Y
- +4.7%
- 3Y
- +7.7%
- Vol
- 2.4%
- Max DD
- -3.2%
- Sharpe
- 1.06
- 3Y win
- +89%
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Higher TER
HSBC Dynamic Term Fund
HSBC Mutual Fund
- 1Y
- +2.5%
- 3Y
- +6.5%
- Vol
- 2.1%
- Max DD
- -2.0%
- Sharpe
- 0.20
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
JM Dynamic Term Fund
JM Financial Mutual Fund
- 1Y
- +2.6%
- 3Y
- +6.5%
- Vol
- 1.4%
- Max DD
- -3.0%
- Sharpe
- 1.00
- 3Y win
- +28%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
Mahindra Manulife Dynamic Term Fund
Mahindra Manulife Mutual Fund
- 1Y
- +3.4%
- 3Y
- +7.3%
- Vol
- 1.8%
- Max DD
- -2.3%
- Sharpe
- 0.13
- 3Y win
- +24%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
360 ONE Dynamic Term Fund
360 ONE Mutual Fund
- 1Y
- +3.6%
- 3Y
- +7.7%
- Vol
- 2.7%
- Max DD
- -8.0%
- Sharpe
- 0.51
- 3Y win
- +43%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER