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Top 7 Best Performing Dynamic Bond Funds 2023

Updated on September 27, 2023 , 15481 views

Dynamic Bond Funds refer to the Debt fund schemes that invest their fund money in various fixed Income instruments across varying maturities. These schemes invest in Fixed Income instruments based on their perception about interest rate scenario and interest rate movements.

This scheme is a part of debt funds. Based who feel confused about interest rate scenarios and interest rate movements can choose to invest in dynamic bond fund. Some of the fixed income instruments in which dynamic bond fund invests its securities include commercial papers, certificate of deposits, gilts, corporate Bonds, and much more. It can be considered as a good investment option for medium to long-term tenures. Some of the top and best dynamic bond funds are listed below as follows.

Why Choose Dynamic Bond Fund?

As mentioned earlier, dynamic bond fund is suitable for investors who are not much comfortable with the interest rate movements. To explain, the interest rates and bond prices share an inverse relationship. In other words, as the interest rate decrease, the bond price tends to rise. During the falling interest trend, the fund manager tries to increase the holdings in long-term fixed income funds.

In addition, they diversify their Portfolio by Investing in short and medium-term funds. Such a strategy is called as duration strategy. Therefore, as the interest rate falls, the price of the long-term fixed income funds tends to increase along with these funds earning regular income. However, when there is a u-turn in the interest rate scenario from low to high; the fund managers try to increase their holdings in the short and medium-term fixed income instruments and reduce the holdings in gilts. Thus, by managing the portfolio actively, the fund managers of dynamic bond fund ensure that their investors earn commensurate returns.

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Who Should Invest in Dynamic Bond Funds?

Dynamic bond funds are suitable for investors who are looking for a more active approach to fixed-income investing and who are willing to take on some level of interest rate and credit risk.

Top 7 Best Dynamic Bond Funds to Invest for 2023

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2022 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
UTI Dynamic Bond Fund Growth	₹26.763 ↓ 0.00	₹468	0.7	3.4	5.8	9	10.1	6.93%	4Y 4M 2D	4Y 9M
TATA Dynamic Bond Fund Growth	₹34.9217 ↑ 0.00	₹146	2.6	3.8	5.3	6.6		5.88%	1Y 5M 16D	1Y 9M 7D
Aditya Birla Sun Life Dynamic Bond Fund Growth	₹39.7754 ↑ 0.00	₹1,660	0.9	3.9	6.3	6.2	6	7.55%	3Y 3M 25D	4Y 6M 7D
ICICI Prudential Long Term Plan Growth	₹31.812 ↑ 0.01	₹10,902	1.3	4	7.4	5.8	4.5	8.03%	2Y 4M 24D	5Y
IIFL Dynamic Bond Fund Growth	₹19.1753 ↑ 0.01	₹785	0.7	4.1	5.8	5.6	3.6	7.43%		7Y 8M 6D
HDFC Dynamic Debt Fund Growth	₹77.6688 ↑ 0.02	₹642	0.9	3.8	6.1	5.5	1.6	7.49%	3Y 8M 9D	7Y 2M 18D
SBI Dynamic Bond Fund Growth	₹30.9024 ↑ 0.01	₹2,983	0.6	4.7	8.1	4.8	4.2	7.24%	3Y 3M 18D	3Y 10M 28D
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 22 Aug 23

*List of Dynamic Bond Funds having Assets >= 100 Crore & Sorted on 3 Year CAGR Returns.

1. UTI Dynamic Bond Fund

The investment objective of the scheme is to generate optimal returns with adequate liquidity through active management of the portfolio, by investing in debt and money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.

UTI Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 16 Jun 10. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.8% since its launch. Ranked 3 in Dynamic Bond category. Return for 2022 was 10.1% , 2021 was 10.8% and 2020 was 5.9% .

Below is the key information for UTI Dynamic Bond Fund

UTI Dynamic Bond Fund Growth
Launch Date	16 Jun 10
NAV (22 Aug 23)	₹26.763 ↓ 0.00 (0.00 %)
Net Assets (Cr)	₹468 on 31 Jul 23
Category	Debt - Dynamic Bond
AMC	UTI Asset Management Company Ltd
Rating	☆☆☆☆☆
Risk	Moderate
Expense Ratio	1.55
Sharpe Ratio	-0.16
Information Ratio	0
Alpha Ratio	0
Min Investment	10,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.93%
Effective Maturity	4 Years 9 Months
Modified Duration	4 Years 4 Months 2 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹9,829
31 Aug 20	₹10,183
31 Aug 21	₹10,540
31 Aug 22	₹12,556
31 Aug 23	₹13,271

UTI Dynamic Bond Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for UTI Dynamic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

Duration	Returns
1 Month	0%
3 Month	0.7%
6 Month	3.4%
1 Year	5.8%
3 Year	9%
5 Year	5.7%
10 Year
15 Year
Since launch	7.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	10.1%
2021	10.8%
2020	5.9%
2019	-3.9%
2018	5.2%
2017	4.2%
2016	14.9%
2015	6.9%
2014	14.7%
2013	7.6%

Fund Manager information for UTI Dynamic Bond Fund

Name	Since	Tenure
Sudhir Agarwal	1 Dec 21	1.75 Yr.

Data below for UTI Dynamic Bond Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	45.28%
Debt	54.72%

Debt Sector Allocation

Sector	Value
Cash Equivalent	45.28%
Corporate	34.5%
Government	20.22%

Credit Quality

Rating	Value
AA	2.99%
AAA	97.01%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
182 DTB 29022024 Sovereign Bonds \| -	30%	₹145 Cr	1,500,000,000 ↑ 1,500,000,000
07.18 Goi 2033 Sovereign Bonds \| -	11%	₹50 Cr	500,000,000 ↓ -500,000,000
HDFC Bank Limited Debentures \| -	10%	₹45 Cr	4,500
Rural Electrification Corporation Limited Debentures \| -	9%	₹45 Cr	4,500
Power Finance Corporation Ltd. Debentures \| -	9%	₹45 Cr	4,500
Indian Railway Finance Corporation Limited Debentures \| -	5%	₹25 Cr	2,500
91 DTB 19102023 Sovereign Bonds \| -	5%	₹25 Cr	250,000,000
182 DTB 14092023 Sovereign Bonds \| -	3%	₹15 Cr	150,000,000
Can Fin Homes Limited Debentures \| -	2%	₹10 Cr	100
Net Current Assets Net Current Assets \| -	15%	₹70 Cr

2. TATA Dynamic Bond Fund

To provide reasonable returns and high level of liquidity by investing in debt instruments including bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, including repos in permitted securities of different maturities, as permitted by regulation so as to spread the risk across different kinds of issuers in the debt markets.

TATA Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 3 Sep 03. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.8% since its launch. .

Below is the key information for TATA Dynamic Bond Fund

TATA Dynamic Bond Fund Growth
Launch Date	3 Sep 03
NAV (23 Sep 22)	₹34.9217 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹146 on 31 Aug 22
Category	Debt - Dynamic Bond
AMC	Tata Asset Management Limited
Rating	Not Rated
Risk	Moderate
Expense Ratio	0.49
Sharpe Ratio	0.94
Information Ratio	0.09
Alpha Ratio	1.65
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-30 Days (0.5%),30 Days and above(NIL)
Yield to Maturity	5.88%
Effective Maturity	1 Year 9 Months 7 Days
Modified Duration	1 Year 5 Months 16 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹10,860
31 Aug 20	₹11,648
31 Aug 21	₹12,394
31 Aug 22	₹13,046

TATA Dynamic Bond Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for TATA Dynamic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

Duration	Returns
1 Month	0.4%
3 Month	2.6%
6 Month	3.8%
1 Year	5.3%
3 Year	6.6%
5 Year	5.8%
10 Year
15 Year
Since launch	6.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013

Fund Manager information for TATA Dynamic Bond Fund

Name	Since	Tenure

Data below for TATA Dynamic Bond Fund as on 31 Aug 22

Asset Allocation

Asset Class	Value

Debt Sector Allocation

Sector	Value

Credit Quality

Rating	Value

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity

3. Aditya Birla Sun Life Dynamic Bond Fund

An Open-ended income scheme with the objective to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments.

Aditya Birla Sun Life Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 27 Sep 04. It is a fund with Moderate risk and has given a CAGR/Annualized return of 7.6% since its launch. Ranked 16 in Dynamic Bond category. Return for 2022 was 6% , 2021 was 4.9% and 2020 was 9.7% .

Below is the key information for Aditya Birla Sun Life Dynamic Bond Fund

Aditya Birla Sun Life Dynamic Bond Fund Growth
Launch Date	27 Sep 04
NAV (22 Aug 23)	₹39.7754 ↑ 0.00 (0.01 %)
Net Assets (Cr)	₹1,660 on 31 Jul 23
Category	Debt - Dynamic Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.35
Sharpe Ratio	0.15
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	1,000
Exit Load	0-90 Days (0.5%),90 Days and above(NIL)
Yield to Maturity	7.55%
Effective Maturity	4 Years 6 Months 7 Days
Modified Duration	3 Years 3 Months 25 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹10,903
31 Aug 20	₹10,993
31 Aug 21	₹11,734
31 Aug 22	₹12,405
31 Aug 23	₹13,206

Aditya Birla Sun Life Dynamic Bond Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for Aditya Birla Sun Life Dynamic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

Duration	Returns
1 Month	0.1%
3 Month	0.9%
6 Month	3.9%
1 Year	6.3%
3 Year	6.2%
5 Year	5.6%
10 Year
15 Year
Since launch	7.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	6%
2021	4.9%
2020	9.7%
2019	-0.9%
2018	5.7%
2017	2.2%
2016	14%
2015	7.4%
2014	14.8%
2013	6.8%

Fund Manager information for Aditya Birla Sun Life Dynamic Bond Fund

Name	Since	Tenure
Mohit Sharma	22 Mar 21	2.45 Yr.
Bhupesh Bameta	6 Aug 20	3.07 Yr.
Dhaval Joshi	21 Nov 22	0.78 Yr.

Data below for Aditya Birla Sun Life Dynamic Bond Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	5.08%
Debt	94.92%

Debt Sector Allocation

Sector	Value
Government	69.33%
Corporate	25.03%
Cash Equivalent	5.08%
Securitized	0.56%

Credit Quality

Rating	Value
A	1%
AA	19.57%
AAA	79.43%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.26% Govt Stock 2033 Sovereign Bonds \| -	33%	₹538 Cr	53,500,000 ↑ 1,500,000
07.18 Goi 2033 Sovereign Bonds \| -	12%	₹191 Cr	19,000,000 ↑ 4,500,000
7.38% Govt Stock 2027 Sovereign Bonds \| -	8%	₹136 Cr	13,500,000
LIC Housing Finance Limited Debentures \| -	4%	₹70 Cr	700
07.18 Goi 2037 Sovereign Bonds \| -	3%	₹50 Cr	5,000,000
JM Financial Credit Solutions Limited Debentures \| -	2%	₹40 Cr	400
State Bank Of India Debentures \| -	2%	₹39 Cr	400
7.17% Govt Stock 2030 Sovereign Bonds \| -	2%	₹30 Cr	3,000,000 ↑ 3,000,000
Adani Ports And SPecial Economic Zone Limited Debentures \| -	2%	₹30 Cr	300
Muthoot Finance Limited Debentures \| -	2%	₹30 Cr	300,000

4. ICICI Prudential Long Term Plan

To generate income through investments in a range of debt and money market instruments of various maturities with a view to maximising income while maintaining the optimum balance of yield, safety and liquidity.

ICICI Prudential Long Term Plan is a Debt - Dynamic Bond fund was launched on 20 Jan 10. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.9% since its launch. Ranked 1 in Dynamic Bond category. Return for 2022 was 4.5% , 2021 was 4.3% and 2020 was 11.8% .

Below is the key information for ICICI Prudential Long Term Plan

ICICI Prudential Long Term Plan Growth
Launch Date	20 Jan 10
NAV (22 Aug 23)	₹31.812 ↑ 0.01 (0.03 %)
Net Assets (Cr)	₹10,902 on 31 Jul 23
Category	Debt - Dynamic Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆☆☆
Risk	Moderate
Expense Ratio	1.36
Sharpe Ratio	1.21
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-1 Months (0.25%),1 Months and above(NIL)
Yield to Maturity	8.03%
Effective Maturity	5 Years
Modified Duration	2 Years 4 Months 24 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹11,012
31 Aug 20	₹12,193
31 Aug 21	₹13,054
31 Aug 22	₹13,529
31 Aug 23	₹14,512

ICICI Prudential Long Term Plan SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125 Invest Now

Returns for ICICI Prudential Long Term Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

Duration	Returns
1 Month	0.3%
3 Month	1.3%
6 Month	4%
1 Year	7.4%
3 Year	5.8%
5 Year	7.7%
10 Year
15 Year
Since launch	8.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	4.5%
2021	4.3%
2020	11.8%
2019	10.2%
2018	6.2%
2017	5.1%
2016	16.9%
2015	5.7%
2014	19.4%
2013	9.6%

Fund Manager information for ICICI Prudential Long Term Plan

Name	Since	Tenure
Manish Banthia	28 Sep 12	10.93 Yr.
Nikhil Kabra	12 Jun 23	0.22 Yr.

Data below for ICICI Prudential Long Term Plan as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	10.9%
Debt	89.1%

Debt Sector Allocation

Sector	Value
Government	56.02%
Corporate	37.54%
Cash Equivalent	6.44%

Credit Quality

Rating	Value
AA	25.15%
AAA	74.85%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.38% Govt Stock 2027 Sovereign Bonds \| -	16%	₹1,739 Cr	172,735,270 ↑ 15,000,000
7.06% Govt Stock 2028 Sovereign Bonds \| -	10%	₹1,171 Cr	117,500,000 ↑ 20,000,000
7.26% Govt Stock 2033 Sovereign Bonds \| -	7%	₹809 Cr	80,346,730 ↓ -19,250,000
8.51% Govt Stock 2033 Sovereign Bonds \| -	6%	₹706 Cr	69,598,050
07.18 Goi 2033 Sovereign Bonds \| -	4%	₹492 Cr	49,051,800 ↑ 3,340,000
7.879999999999999% Govt Stock 2028 Sovereign Bonds \| -	3%	₹312 Cr	31,315,650 ↓ -7,500,000
7.93% Govt Stock 2034 Sovereign Bonds \| -	3%	₹284 Cr	28,460,800 ↓ -5,000,000
Small Industries Development Bank Of India Debentures \| -	2%	₹274 Cr	27,500
07.18 Goi 2037 Sovereign Bonds \| -	2%	₹197 Cr	19,796,200 ↓ -21,703,800
Embassy Office Parks Reit Debentures \| -	1%	₹123 Cr	1,250

5. IIFL Dynamic Bond Fund

The investment objective of the scheme is to generate income and long term gains by investing in a range of debt and money market instruments of various maturities. The scheme will seek to flexibly manage its investment across the maturity spectrum with a view to optimize the risk return proposition for the investors.

IIFL Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 24 Jun 13. It is a fund with Moderate risk and has given a CAGR/Annualized return of 6.6% since its launch. Return for 2022 was 3.6% , 2021 was 5.6% and 2020 was 8.2% .

Below is the key information for IIFL Dynamic Bond Fund

IIFL Dynamic Bond Fund Growth
Launch Date	24 Jun 13
NAV (22 Aug 23)	₹19.1753 ↑ 0.01 (0.03 %)
Net Assets (Cr)	₹785 on 31 Jul 23
Category	Debt - Dynamic Bond
AMC	IIFL Asset Management Limited
Rating	Not Rated
Risk	Moderate
Expense Ratio	1.19
Sharpe Ratio	-0.11
Information Ratio	0.71
Alpha Ratio	-1.02
Min Investment	10,000
Min SIP Investment	1,000
Exit Load	0-18 Months (1%),18 Months and above(NIL)
Yield to Maturity	7.43%
Effective Maturity	7 Years 8 Months 6 Days
Modified Duration

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹10,741
31 Aug 20	₹11,541
31 Aug 21	₹12,405
31 Aug 22	₹12,843
31 Aug 23	₹13,629

IIFL Dynamic Bond Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹200,132.
Net Profit of ₹20,132 Invest Now

Returns for IIFL Dynamic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

Duration	Returns
1 Month	0%
3 Month	0.7%
6 Month	4.1%
1 Year	5.8%
3 Year	5.6%
5 Year	6.3%
10 Year
15 Year
Since launch	6.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	3.6%
2021	5.6%
2020	8.2%
2019	7.8%
2018	5.2%
2017	7.4%
2016	7.8%
2015	6.3%
2014	15.3%
2013

Fund Manager information for IIFL Dynamic Bond Fund

Name	Since	Tenure
Milan Mody	2 Mar 21	2.5 Yr.

Data below for IIFL Dynamic Bond Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	2.88%
Debt	97.12%

Debt Sector Allocation

Sector	Value
Government	57.2%
Corporate	37.3%
Cash Equivalent	2.88%
Securitized	2.62%

Credit Quality

Rating	Value
AA	3.4%
AAA	96.6%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.26% Govt Stock 2032 Sovereign Bonds \| -	18%	₹136 Cr	13,500,000 ↓ -1,000,000
7.41% Govt Stock 2036 Sovereign Bonds \| -	10%	₹76 Cr	7,500,000 ↓ -500,000
7.26% Govt Stock 2033 Sovereign Bonds \| -	6%	₹45 Cr	4,500,000
Mindspace Business Parks Reit Debentures \| -	5%	₹40 Cr	4,000,000
Sikka Ports & Terminals Limited Debentures \| -	5%	₹39 Cr	4,000,000
Jamnagar Utilities & Power Private Limited Debentures \| -	4%	₹34 Cr	3,500,000
LIC Housing Finance Limited Debentures \| -	3%	₹26 Cr	2,500,000
07.64 MP Sgs 2033 Sovereign Bonds \| -	3%	₹25 Cr	2,500,000
07.60 GJ Sgs 2035 Sovereign Bonds \| -	3%	₹25 Cr	2,500,000
Muthoot Finance Limited Debentures \| -	3%	₹25 Cr	2,500,000

6. HDFC Dynamic Debt Fund

(Erstwhile HDFC High Interest Fund - Dynamic Plan)

Seeks to generate income by investing in a range of debt and money market instruments of various maturity dates with a view to maximise income while maintaining the optimum balance of yield, safety and liquidity.

HDFC Dynamic Debt Fund is a Debt - Dynamic Bond fund was launched on 28 Apr 97. It is a fund with Moderate risk and has given a CAGR/Annualized return of 8.1% since its launch. Ranked 21 in Dynamic Bond category. Return for 2022 was 1.6% , 2021 was 7.4% and 2020 was 8.9% .

Below is the key information for HDFC Dynamic Debt Fund

HDFC Dynamic Debt Fund Growth
Launch Date	28 Apr 97
NAV (22 Aug 23)	₹77.6688 ↑ 0.02 (0.02 %)
Net Assets (Cr)	₹642 on 31 Jul 23
Category	Debt - Dynamic Bond
AMC	HDFC Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.74
Sharpe Ratio	-0.05
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	300
Exit Load	0-6 Months (0.5%),6 Months and above(NIL)
Yield to Maturity	7.49%
Effective Maturity	7 Years 2 Months 18 Days
Modified Duration	3 Years 8 Months 9 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹10,378
31 Aug 20	₹11,237
31 Aug 21	₹12,384
31 Aug 22	₹12,484
31 Aug 23	₹13,234

HDFC Dynamic Debt Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹197,169.
Net Profit of ₹17,169 Invest Now

Returns for HDFC Dynamic Debt Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

Duration	Returns
1 Month	0.2%
3 Month	0.9%
6 Month	3.8%
1 Year	6.1%
3 Year	5.5%
5 Year	5.7%
10 Year
15 Year
Since launch	8.1%

Historical performance (Yearly) on absolute basis

Year	Returns
2022	1.6%
2021	7.4%
2020	8.9%
2019	3.2%
2018	4.1%
2017	2.7%
2016	14.7%
2015	5.5%
2014	16.1%
2013	5.3%

Fund Manager information for HDFC Dynamic Debt Fund

Name	Since	Tenure
Anil Bamboli	16 Feb 04	19.55 Yr.
Dhruv Muchhal	22 Jun 23	0.19 Yr.

Data below for HDFC Dynamic Debt Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	3.04%
Debt	96.96%

Debt Sector Allocation

Sector	Value
Government	90.8%
Corporate	6.16%
Cash Equivalent	3.04%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.26% Govt Stock 2032 Sovereign Bonds \| -	15%	₹98 Cr	9,750,000
7.26% Govt Stock 2033 Sovereign Bonds \| -	13%	₹86 Cr	8,500,000
7.93% Govt Stock 2034 Sovereign Bonds \| -	13%	₹85 Cr	8,500,000
7.1% Govt Stock 2029 Sovereign Bonds \| -	12%	₹80 Cr	8,000,000
7.17% Govt Stock 2028 Sovereign Bonds \| -	12%	₹75 Cr	7,500,000
7.879999999999999% Govt Stock 2028 Sovereign Bonds \| -	5%	₹30 Cr	3,000,000
State Bank Of India Debentures \| -	4%	₹25 Cr	250
HDFC Bank Limited Debentures \| -	4%	₹25 Cr	2,500
National Bank For Agriculture And Rural Development Debentures \| -	4%	₹25 Cr	2,500
7.06% Govt Stock 2028 Sovereign Bonds \| -	4%	₹24 Cr	2,416,900

7. SBI Dynamic Bond Fund

To actively manage a portfolio of good quality debt as well as Money Market Instruments so as to provide reasonable returns and liquidity to the Unit holders.

SBI Dynamic Bond Fund is a Debt - Dynamic Bond fund was launched on 9 Feb 04. It is a fund with Moderate risk and has given a CAGR/Annualized return of since its launch. Ranked 5 in Dynamic Bond category. Return for 2022 was 4.2% , 2021 was 2% and 2020 was 10.4% .

Below is the key information for SBI Dynamic Bond Fund

SBI Dynamic Bond Fund Growth
Launch Date	9 Feb 04
NAV (22 Aug 23)	₹30.9024 ↑ 0.01 (0.02 %)
Net Assets (Cr)	₹2,983 on 31 Jul 23
Category	Debt - Dynamic Bond
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.65
Sharpe Ratio	0.89
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	500
Exit Load	0-1 Months (0.25%),1 Months and above(NIL)
Yield to Maturity	7.24%
Effective Maturity	3 Years 10 Months 28 Days
Modified Duration	3 Years 3 Months 18 Days

Growth of 10,000 investment over the years.

Date	Value
31 Aug 18	₹10,000
31 Aug 19	₹11,457
31 Aug 20	₹12,443
31 Aug 21	₹13,048
31 Aug 22	₹13,380
31 Aug 23	₹14,425

SBI Dynamic Bond Fund SIP Returns

Total investment amount is ₹180,000
expected amount after 3 Years is ₹203,125.
Net Profit of ₹23,125 Invest Now

Returns for SBI Dynamic Bond Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 22 Aug 23

Duration	Returns
1 Month	0.1%
3 Month	0.6%
6 Month	4.7%
1 Year	8.1%
3 Year	4.8%
5 Year	7.5%
10 Year
15 Year
Since launch

Historical performance (Yearly) on absolute basis

Year	Returns
2022	4.2%
2021	2%
2020	10.4%
2019	12.7%
2018	5.1%
2017	3.9%
2016	15.3%
2015	5.8%
2014	12.8%
2013	3.8%

Fund Manager information for SBI Dynamic Bond Fund

Name	Since	Tenure
Dinesh Ahuja	1 Feb 11	12.59 Yr.
Mohit Jain	30 Nov 17	5.76 Yr.

Data below for SBI Dynamic Bond Fund as on 31 Jul 23

Asset Allocation

Asset Class	Value
Cash	30.23%
Debt	69.77%

Debt Sector Allocation

Sector	Value
Government	49.92%
Cash Equivalent	30.23%
Corporate	19.86%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.1% Govt Stock 2029 Sovereign Bonds \| -	22%	₹663 Cr	66,500,000
7.06% Govt Stock 2028 Sovereign Bonds \| -	10%	₹309 Cr	31,000,000 ↑ 10,000,000
07.18 Goi 2033 Sovereign Bonds \| -	9%	₹281 Cr	28,000,000 ↑ 28,000,000
Larsen And Toubro Limited Debentures \| -	6%	₹175 Cr	17,500
LIC Housing Finance Limited Debentures \| -	5%	₹150 Cr	1,500
Mahanagar Telephone Nigam Limited Debentures \| -	4%	₹118 Cr	1,150
Rural Electrification Corporation Limited Debentures \| -	2%	₹75 Cr	7,500
7.3% Govt Stock 2053 Sovereign Bonds \| -	2%	₹75 Cr	7,500,000 ↑ 7,500,000
7.38% Govt Stock 2027 Sovereign Bonds \| -	2%	₹60 Cr	6,000,000
HDFC Bank Limited Debentures \| -	2%	₹50 Cr	5,000

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Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.