diff --git a/graphene_django/rest_framework/mutation.py b/graphene_django/rest_framework/mutation.py
index beaaa493f..94d1e4b81 100644
--- a/graphene_django/rest_framework/mutation.py
+++ b/graphene_django/rest_framework/mutation.py
@@ -55,6 +55,7 @@ def __init_subclass_with_meta__(cls, serializer_class=None,
         output_fields = fields_for_serializer(serializer, only_fields, exclude_fields, is_input=False)
 
         _meta = SerializerMutationOptions(cls)
+        _meta.serializer_class = serializer_class
         _meta.fields = yank_fields_from_attrs(
             output_fields,
             _as=Field,
@@ -83,4 +84,4 @@ def mutate_and_get_payload(cls, root, info, **input):
     @classmethod
     def perform_mutate(cls, serializer, info):
         obj = serializer.save()
-        return cls(**obj)
+        return cls(errors=None, **obj)
diff --git a/graphene_django/rest_framework/serializer_converter.py b/graphene_django/rest_framework/serializer_converter.py
index e115e82c4..c472cee9c 100644
--- a/graphene_django/rest_framework/serializer_converter.py
+++ b/graphene_django/rest_framework/serializer_converter.py
@@ -42,8 +42,7 @@ def convert_serializer_field(field, is_input=True):
 
     if isinstance(field, serializers.ModelSerializer):
         if is_input:
-            return Dynamic(lambda: None)
-            # graphql_type = convert_serializer_to_input_type(field.__class__)
+            graphql_type = convert_serializer_to_input_type(field.__class__)
         else:
             global_registry = get_global_registry()
             field_model = field.Meta.model
@@ -52,6 +51,21 @@ def convert_serializer_field(field, is_input=True):
     return graphql_type(*args, **kwargs)
 
 
+def convert_serializer_to_input_type(serializer_class):
+    serializer = serializer_class()
+
+    items = {
+        name: convert_serializer_field(field)
+        for name, field in serializer.fields.items()
+    }
+
+    return type(
+        '{}Input'.format(serializer.__class__.__name__),
+        (graphene.InputObjectType,),
+        items
+    )
+
+
 @get_graphene_type_from_serializer_field.register(serializers.Field)
 def convert_serializer_field_to_string(field):
     return graphene.String
diff --git a/graphene_django/rest_framework/tests/test_mutation.py b/graphene_django/rest_framework/tests/test_mutation.py
index 836f3fe15..852265d83 100644
--- a/graphene_django/rest_framework/tests/test_mutation.py
+++ b/graphene_django/rest_framework/tests/test_mutation.py
@@ -22,6 +22,9 @@ class MySerializer(serializers.Serializer):
     text = serializers.CharField()
     model = MyModelSerializer()
 
+    def create(self, validated_data):
+        return validated_data
+
 
 def test_needs_serializer_class():
     with raises(Exception) as exc:
@@ -65,7 +68,32 @@ class Meta:
     assert model_field.type == MyFakeModelGrapheneType
 
     model_input = MyMutation.Input._meta.fields['model']
-    model_input_type = model_input.get_type()
-    assert not model_input_type
-    # assert issubclass(model_input_type, InputObjectType)
-    # assert 'cool_name' in model_input_type._meta.fields
+    model_input_type = model_input._type.of_type
+    assert issubclass(model_input_type, InputObjectType)
+    assert 'cool_name' in model_input_type._meta.fields
+
+
+def test_mutate_and_get_payload_success():
+
+    class MyMutation(SerializerMutation):
+        class Meta:
+            serializer_class = MySerializer
+
+    result = MyMutation.mutate_and_get_payload(None, None, **{
+        'text': 'value',
+        'model': {
+            'cool_name': 'other_value'
+        }
+    })
+    assert result.errors is None
+
+
+def test_mutate_and_get_payload_error():
+
+    class MyMutation(SerializerMutation):
+        class Meta:
+            serializer_class = MySerializer
+
+    # missing required fields
+    result = MyMutation.mutate_and_get_payload(None, None, **{})
+    assert len(result.errors) > 0
\ No newline at end of file