Mahindra Manulife Dynamic Bond Fund Direct - Growth

Q: What are the returns of Mahindra Manulife Dynamic Bond Fund?

The Mahindra Manulife Dynamic Bond Fund is a 6 yrs 10 m old fund and has delivered average annual returns of 6.68% since inception. Mahindra Manulife Dynamic Bond Fund Returns 1-Year 3-Year 5-Year Since Inception 10.84% 8.84% 6.35% 6.68%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹15.5543+0.05% 1 day change	6.68% p.a.	#NA View Ranked Funds	₹96 Crs

Historical NAV & returns

NAV: ₹15.5543 as on Jun 05, 2025

This fund Category average

Mahindra Manulife Dynamic Bond Fund overview

Expense ratio	0.39% as on May 31, 2025
Exit load	0% For units more than 10% of the allotted, an exit load of 1% will be charged if redeemed within 12 months.!
AUM (Fund size)	₹96 Crs
Lock-in	No Lockin
Age	6 yrs 10 m since Jul 27, 2018
Benchmark	CRISIL Dynamic Bond A-III Index
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Mahindra Manulife Dynamic Bond Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	0.93%	0.79%
3 Months	4.72%	4.64%
6 Months	5.95%	5.95%
1 Year	10.84%	11.07%
2 Years	9.15%	9.18%
3 Years	8.84%	8.96%
4 Years	6.51%	7.34%
5 Years	6.35%	7.03%

Asset allocationas on Apr 30, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 70.11%

AAA 14.51%

AA+ 6.89%

Cash & Call Money 3.87%

Top Debt Holdings

GOI 64.58%

Maharashtra State 5.53%

REC Ltd. 5.44%

National Bank For Agriculture & Rural Development 5.35%

Allocation by Instruments

GOI Securities 64.58000000000001%

Debenture 12.7%

Bonds 9.16%

State Development Loan 5.53%

Other Holdings

Others 4.27%

Nexus Select Trust 1.76%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
Mahindra Manulife Dynamic Bond Fund	N.A.	₹96 Crs	6 yrs 10 m	0.39%
ICICI Prudential All Seasons Bond Fund	N.A.	₹14,635 Crs	12 yrs 5 m	0.59%
PGIM India Dynamic Bond Fund	N.A.	₹108 Crs	12 yrs 5 m	0.42%
JM Dynamic Bond Fund	N.A.	₹47 Crs	12 yrs 5 m	0.52%
360 ONE Dynamic Bond Fund	N.A.	₹737 Crs	12 yrs	0.27%
Groww Dynamic Bond Fund	N.A.	₹62 Crs	6 yrs 6 m	0.45%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Mahindra Manulife Dynamic Bond Fund	0.93%	5.95%	10.84%	8.84%	6.35%	N.A.
ICICI Prudential All Seasons Bond Fund	0.84%	5.67%	10.75%	9.48%	7.83%	9.14%
PGIM India Dynamic Bond Fund	0.72%	6.12%	11.62%	9.01%	6.97%	8.47%
JM Dynamic Bond Fund	1.05%	6.7%	11.49%	8.35%	6.89%	7.49%
360 ONE Dynamic Bond Fund	1.28%	6.34%	11.82%	8.86%	7.79%	7.73%
Groww Dynamic Bond Fund	0.22%	5.2%	9.87%	7.58%	6.17%	4.43%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Mahindra Manulife Dynamic Bond Fund	2.06	1.44	1.03	2.14
ICICI Prudential All Seasons Bond Fund	1.2	0.76	2.23	4.75
PGIM India Dynamic Bond Fund	1.92	1.27	1.22	2.74
JM Dynamic Bond Fund	1.83	1.17	0.94	2.05
360 ONE Dynamic Bond Fund	1.81	1.19	1.12	1.83
Groww Dynamic Bond Fund	1.9	1.11	0.54	1.14

View all Dynamic Bond funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.18 vs. 3.13 Underperformed at beating benchmark
Sharpe	1.03 vs. 3.19 Poor risk-adjusted returns
Beta	1.44 vs. 1.58 Less sensitive to market ups & downs
Standard deviation	2.06 vs. 2.09 More stable returns

Compare Mahindra Manulife Dynamic Bond Fund in detail with

About this fund

About Mahindra Manulife Dynamic Bond Fund

Mahindra Manulife Dynamic Bond Fund Direct - Growth is a Dynamic Bond mutual fund scheme from Mahindra Manulife Mutual Fund. This fund has been in existence for 6 yrs 10 m, having been launched on 27/07/2018. Mahindra Manulife Dynamic Bond Fund Direct - Growth has ₹96 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Mahindra Manulife Dynamic Bond Fund Direct - Growth as of 05/06/2025 is ₹15.55. The fund has an expense ratio of 0.39%, which is less than what most other Dynamic Bond funds charge.

Mahindra Manulife Dynamic Bond Fund Direct - Growth returns of last 1-year are 11.01%. Since launch, it has delivered 6.71% average annual returns.
Mahindra Manulife Dynamic Bond Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, Maharashtra State, REC Ltd., National Bank For Agriculture & Rural Development, Power Finance Corporation Ltd..

...

Fund AUM	₹96 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Rahul Pal

Mr. Pal is a B.Com (H) and Chartered Accountant. Prior to joining Mahindra Manulife Mutual Fund, he has worked with Taurus AMC, Sundaram Mutual Fund and IDBI Mutual Fund.

Investment objective

The scheme seeks to generate regular returns and capital appreciation through an active management of a portfolio constituted of money market and debt instruments across duration.

Mahindra Manulife Mutual Fund details

No. of schemes	24 view all schemes
Total AUM	₹27,256 Crs as on Mar 31, 2025
Address	1st Floor - Sadhana House, 570 - P.B. Marg, Worli, Mumbai, 400018
Phone	022-66327900

More funds from Mahindra Manulife Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
Mahindra Manulife Short Duration Fund	N.A.	₹93 Crs	10.08%	8.26%
Mahindra Manulife Low Duration Fund	N.A.	₹584 Crs	8.56%	7.63%
Mahindra Manulife Ultra Short Duration Fund	N.A.	₹260 Crs	7.95%	7.35%
Mahindra Manulife Liquid Fund	N.A.	₹1,314 Crs	7.32%	7.05%
Mahindra Manulife Overnight Fund	N.A.	₹162 Crs	6.48%	6.42%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Mahindra Manulife Dynamic Bond Fund?

The current Net Asset Value (NAV) of the Mahindra Manulife Dynamic Bond Fund - Direct Growth plan is approximately ₹15.5543 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The Mahindra Manulife Dynamic Bond Fund is a 6 yrs 10 m old fund and has delivered average annual returns of 6.68% since inception.

Mahindra Manulife Dynamic Bond Fund Returns

1-Year	3-Year	5-Year	Since Inception
10.84%	8.84%	6.35%	6.68%

How much does this mutual fund charge as expense ratio?

The Mahindra Manulife Dynamic Bond Fund - Direct Growth has an expense ratio of 0.39%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Mahindra Manulife Dynamic Bond Fund currently has assets under management (AUM) or fund size valued at approximately ₹96 Crs crore as of Mar 31, 2025.

To whom does Mahindra Manulife Dynamic Bond Fund lend to?

The top 3 debt holdings of Mahindra Manulife Dynamic Bond Fund are as follows

Holding Name	Percentage of Portfolio
GOI	64.58%
Maharashtra State	5.53%
REC Ltd.	5.44%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Mahindra Manulife Dynamic Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	70.11%
AAA	14.51%
AA+	6.89%

What is risk level of Mahindra Manulife Dynamic Bond Fund?

This is a Dynamic Bond fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Mahindra Manulife Dynamic Bond Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Mahindra Manulife Dynamic Bond Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Mahindra Manulife Dynamic Bond Fund is complete.

How can I redeem my investments in Mahindra Manulife Dynamic Bond Fund?

Redeeming your investments in Mahindra Manulife Dynamic Bond Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Mahindra Manulife Dynamic Bond Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Dynamic Bond

#NA

Return Outperformance: This fund has generated highest return amongst Dynamic Bond funds in the last 3 Years.
Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Return/Risk: The fund is performing poorly than its category.