Currently, the organic-inorganic hybrid materials have gained tremendous importance due to their unique applications in different technological fields. In this connection, the chemical synthesis of poly(methyl methacrylate) (PMMA) and its binary and ternary nanocomposites by in-situ bulk polymerization with various percentages of reduced graphene oxide (RGO) and hematite nanoparticles (Fe 2 O 3 NPs) is presented. Dielectric properties of binary and ternary nanocomposites are investigated in the frequency range of 25 Hz-1 MHz for each composition. Ternary nanocomposite of PMMA with RGO:Fe 2 O 3 NPs (2:2 wt%) exhibits a substantial enhancement of the dielectric constant up to ≈308 and suppressed dielectric loss of 0.12 at 25 Hz. Appearance of three types of interfaces in ternary PMMA nanocomposites accounts for the superior dielectric properties due to the accumulation of greater number of charges at the interfaces as compared to the binary nanocomposites with only one interface. The same optimized ternary PMMA nanocomposite shows a remarkable improvement in the thermal conductivity (2.04 W/mK), which is attributed to the formation of efficient thermal conducting pathways contributed by the synergic reduction in thermal resistance of both RGO and Fe 2 O 3 NPs (2:2 wt%) relative to the binary nanocomposites PMMA/2 wt% RGO (1.04 W/mK) and PMMA/2 wt% Fe 2 O 3 (0.98 W/mK). Thus, ternary nanocomposites prove to be the excellent candidates for thermal management applications. Furthermore, a comparison of the mechanical strength and thermal stability for all the binary and ternary nanocomposites is presented. In the last section, respective precursors and optimized binary and ternary nanocomposites are characterized by XRD, FTIR and SEM which reveal the strong interaction of respective nanofillers into PMMA matrix. [ABSTRACT FROM AUTHOR]