Mutual fund house Mirae has now expanded its product basket by launching the Mirae Asset Dynamic Bond Fund — an open-ended income scheme which opened on Friday. The NFO period will last till March 17. The fund will reopen for fresh purchases on and from March 27. The scheme is a medium- to long-term investment option that provides the flexibility to respond to continuously changing market scenario by actively managing its portfolio in line with the evolving interest rate scenario, the fund house said in a press statement. Mirae Asset had assets under management of ₹7,050 crore as on January 31.
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