Top 7 Best Performing Dynamic Bond Funds 2025

Updated on August 8, 2025 , 16591 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 2025

Fund	NAV	Net Assets (Cr)	3 MO (%)	6 MO (%)	1 YR (%)	3 YR (%)	2024 (%)	Debt Yield (YTM)	Mod. Duration	Eff. Maturity
Nippon India Dynamic Bond Fund Growth	₹37.7146 ↑ 0.03	₹4,637	1.3	5.1	9.2	8.3	9	6.53%	4Y 22D	4Y 11M 16D
ICICI Prudential Long Term Plan Growth	₹37.2035 ↓ -0.02	₹14,952	1.3	4.5	8.5	8.1	8.2	7.31%	2Y 11M 19D	7Y 7M 6D
IIFL Dynamic Bond Fund Growth	₹22.7796 ↓ -0.02	₹681	1.5	5	9.3	8.1	9.6	7.02%		6Y 9M 15D
SBI Dynamic Bond Fund Growth	₹35.7935 ↓ 0.00	₹3,606	0.2	3.7	7	8	8.6	6.48%	3Y 9M 25D	5Y 4M 20D
Axis Dynamic Bond Fund Growth	₹29.7532 ↓ -0.01	₹1,279	0.7	4.5	8.2	7.8	8.6	6.46%	4Y 8M 19D	8Y 11D
Aditya Birla Sun Life Dynamic Bond Fund Growth	₹46.6144 ↓ -0.04	₹1,938	0.8	4.6	8.5	7.8	8.8	7.27%	6Y 6M 14D	11Y 4M 10D
DSP Strategic Bond Fund Growth	₹3,363.61 ↓ -4.17	₹1,545	-0.8	3	6.5	7.6	9.9	6.64%	7Y 10M 10D	17Y 3M
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 8 Aug 25

Research Highlights & Commentary of 7 Funds showcased

Commentary	Nippon India Dynamic Bond Fund	ICICI Prudential Long Term Plan	IIFL Dynamic Bond Fund	SBI Dynamic Bond Fund	Axis Dynamic Bond Fund	Aditya Birla Sun Life Dynamic Bond Fund	DSP Strategic Bond Fund
Point 1	Upper mid AUM (₹4,637 Cr).	Highest AUM (₹14,952 Cr).	Bottom quartile AUM (₹681 Cr).	Upper mid AUM (₹3,606 Cr).	Bottom quartile AUM (₹1,279 Cr).	Lower mid AUM (₹1,938 Cr).	Lower mid AUM (₹1,545 Cr).
Point 2	Established history (20+ yrs).	Established history (15+ yrs).	Established history (12+ yrs).	Oldest track record among peers (21 yrs).	Established history (14+ yrs).	Established history (20+ yrs).	Established history (18+ yrs).
Point 3	Not Rated.	Top rated.	Not Rated.	Rating: 4★ (upper mid).	Rating: 3★ (upper mid).	Rating: 3★ (lower mid).	Rating: 2★ (lower mid).
Point 4	Risk profile: Moderate.	Risk profile: Moderate.	Risk profile: Moderate.	Risk profile: Moderate.	Risk profile: Moderate.	Risk profile: Moderate.	Risk profile: Moderate.
Point 5	1Y return: 9.17% (upper mid).	1Y return: 8.48% (upper mid).	1Y return: 9.26% (top quartile).	1Y return: 7.02% (bottom quartile).	1Y return: 8.24% (lower mid).	1Y return: 8.47% (lower mid).	1Y return: 6.51% (bottom quartile).
Point 6	1M return: 0.27% (top quartile).	1M return: 0.16% (upper mid).	1M return: 0.06% (lower mid).	1M return: 0.03% (lower mid).	1M return: -0.08% (bottom quartile).	1M return: 0.08% (upper mid).	1M return: -0.24% (bottom quartile).
Point 7	Sharpe: 1.67 (upper mid).	Sharpe: 1.66 (upper mid).	Sharpe: 1.85 (top quartile).	Sharpe: 0.45 (bottom quartile).	Sharpe: 0.87 (lower mid).	Sharpe: 0.94 (lower mid).	Sharpe: 0.19 (bottom quartile).
Point 8	Information ratio: 0.00 (top quartile).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (upper mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (lower mid).	Information ratio: 0.00 (bottom quartile).	Information ratio: 0.00 (bottom quartile).
Point 9	Yield to maturity (debt): 6.53% (lower mid).	Yield to maturity (debt): 7.31% (top quartile).	Yield to maturity (debt): 7.02% (upper mid).	Yield to maturity (debt): 6.48% (bottom quartile).	Yield to maturity (debt): 6.46% (bottom quartile).	Yield to maturity (debt): 7.27% (upper mid).	Yield to maturity (debt): 6.64% (lower mid).
Point 10	Modified duration: 4.06 yrs (lower mid).	Modified duration: 2.97 yrs (upper mid).	Modified duration: 0.00 yrs (top quartile).	Modified duration: 3.82 yrs (upper mid).	Modified duration: 4.72 yrs (lower mid).	Modified duration: 6.54 yrs (bottom quartile).	Modified duration: 7.86 yrs (bottom quartile).

Nippon India Dynamic Bond Fund

Upper mid AUM (₹4,637 Cr).
Established history (20+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 9.17% (upper mid).
1M return: 0.27% (top quartile).
Sharpe: 1.67 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.53% (lower mid).
Modified duration: 4.06 yrs (lower mid).

ICICI Prudential Long Term Plan

Highest AUM (₹14,952 Cr).
Established history (15+ yrs).
Top rated.
Risk profile: Moderate.
1Y return: 8.48% (upper mid).
1M return: 0.16% (upper mid).
Sharpe: 1.66 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.31% (top quartile).
Modified duration: 2.97 yrs (upper mid).

IIFL Dynamic Bond Fund

Bottom quartile AUM (₹681 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 9.26% (top quartile).
1M return: 0.06% (lower mid).
Sharpe: 1.85 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.02% (upper mid).
Modified duration: 0.00 yrs (top quartile).

SBI Dynamic Bond Fund

Upper mid AUM (₹3,606 Cr).
Oldest track record among peers (21 yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 7.02% (bottom quartile).
1M return: 0.03% (lower mid).
Sharpe: 0.45 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.48% (bottom quartile).
Modified duration: 3.82 yrs (upper mid).

Axis Dynamic Bond Fund

Bottom quartile AUM (₹1,279 Cr).
Established history (14+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 8.24% (lower mid).
1M return: -0.08% (bottom quartile).
Sharpe: 0.87 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.46% (bottom quartile).
Modified duration: 4.72 yrs (lower mid).

Aditya Birla Sun Life Dynamic Bond Fund

Lower mid AUM (₹1,938 Cr).
Established history (20+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
1Y return: 8.47% (lower mid).
1M return: 0.08% (upper mid).
Sharpe: 0.94 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.27% (upper mid).
Modified duration: 6.54 yrs (bottom quartile).

DSP Strategic Bond Fund

Lower mid AUM (₹1,545 Cr).
Established history (18+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderate.
1Y return: 6.51% (bottom quartile).
1M return: -0.24% (bottom quartile).
Sharpe: 0.19 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.64% (lower mid).
Modified duration: 7.86 yrs (bottom quartile).

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

1. Nippon India Dynamic Bond Fund

The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risks. This income may be complimented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in debt and money market instruments.

Research Highlights for Nippon India Dynamic Bond Fund

Upper mid AUM (₹4,637 Cr).
Established history (20+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 9.17% (upper mid).
1M return: 0.27% (top quartile).
Sharpe: 1.67 (upper mid).
Information ratio: 0.00 (top quartile).
Yield to maturity (debt): 6.53% (lower mid).
Modified duration: 4.06 yrs (lower mid).
Average maturity: 4.96 yrs (top quartile).
Exit load: 0-12 Months (1%),12 Months and above(NIL).
Higher exposure to Government (bond sector) vs peer median.
Debt-heavy allocation (~97%).
High-quality debt (AAA/AA ~100%).
Largest holding 07.83 MH Sdl 2030 (~6.7%).

Below is the key information for Nippon India Dynamic Bond Fund

Nippon India Dynamic Bond Fund Growth
Launch Date	15 Nov 04
NAV (08 Aug 25)	₹37.7146 ↑ 0.03 (0.08 %)
Net Assets (Cr)	₹4,637 on 30 Jun 25
Category	Debt - Dynamic Bond
AMC	Nippon Life Asset Management Ltd.
Rating	Not Rated
Risk	Moderate
Expense Ratio	0.71
Sharpe Ratio	1.67
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	100
Exit Load	0-12 Months (1%),12 Months and above(NIL)
Yield to Maturity	6.53%
Effective Maturity	4 Years 11 Months 16 Days
Modified Duration	4 Years 22 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,197
31 Jul 22	₹10,403
31 Jul 23	₹11,196
31 Jul 24	₹12,070
31 Jul 25	₹13,221

Nippon India 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 Nippon India 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 8 Aug 25

Duration	Returns
1 Month	0.3%
3 Month	1.3%
6 Month	5.1%
1 Year	9.2%
3 Year	8.3%
5 Year	5.8%
10 Year
15 Year
Since launch	6.6%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	9%
2023	6.7%
2022	2.4%
2021	2.7%
2020	11.3%
2019	8.4%
2018	4.7%
2017	3.1%
2016	13.9%
2015	5.7%

Fund Manager information for Nippon India Dynamic Bond Fund

Name	Since	Tenure
Vivek Sharma	25 Jun 20	5.1 Yr.
Pranay Sinha	31 Mar 21	4.34 Yr.
Kinjal Desai	25 May 18	7.19 Yr.

Data below for Nippon India Dynamic Bond Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	2.68%
Debt	97.01%
Other	0.31%

Debt Sector Allocation

Sector	Value
Government	97.01%
Cash Equivalent	2.68%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
07.83 MH Sdl 2030 Sovereign Bonds \| -	7%	₹310 Cr	29,400,000
07.78 MH Sgs 2030 Sovereign Bonds \| -	6%	₹255 Cr	24,100,200
07.04 Tn SDL 2030 Sovereign Bonds \| -	5%	₹236 Cr	23,078,300
7.17% Govt Stock 2030 Sovereign Bonds \| -	4%	₹172 Cr	16,500,000
07.70 MH Sgs 2030 Sovereign Bonds \| -	3%	₹142 Cr	13,500,000
07.76 MH Sgs 2030 Sovereign Bonds \| -	3%	₹132 Cr	12,500,000
07.02 Tn SDL 2030 Sovereign Bonds \| -	3%	₹128 Cr	12,500,000
07.86 MH Sdl 2030 Sovereign Bonds \| -	3%	₹116 Cr	11,000,000
7.32% Govt Stock 2030 Sovereign Bonds \| -	3%	₹116 Cr	11,000,000
06.65 GJ Sdl 2030 Sovereign Bonds \| -	2%	₹113 Cr	11,200,000

2. 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.

Research Highlights for ICICI Prudential Long Term Plan

Highest AUM (₹14,952 Cr).
Established history (15+ yrs).
Top rated.
Risk profile: Moderate.
1Y return: 8.48% (upper mid).
1M return: 0.16% (upper mid).
Sharpe: 1.66 (upper mid).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.31% (top quartile).
Modified duration: 2.97 yrs (upper mid).
Average maturity: 7.60 yrs (lower mid).
Exit load: 0-1 Months (0.25%),1 Months and above(NIL).
Higher exposure to Financial Services vs peer median.
Higher exposure to Corporate (bond sector) vs peer median.
Debt-heavy allocation (~88%).
High-quality debt (AAA/AA ~100%).
Largest holding 7.34% Govt Stock 2064 (~8.2%).

Below is the key information for ICICI Prudential Long Term Plan

ICICI Prudential Long Term Plan Growth
Launch Date	20 Jan 10
NAV (08 Aug 25)	₹37.2035 ↓ -0.02 (-0.05 %)
Net Assets (Cr)	₹14,952 on 30 Jun 25
Category	Debt - Dynamic Bond
AMC	ICICI Prudential Asset Management Company Limited
Rating	☆☆☆☆☆
Risk	Moderate
Expense Ratio	1.36
Sharpe Ratio	1.66
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	7.31%
Effective Maturity	7 Years 7 Months 6 Days
Modified Duration	2 Years 11 Months 19 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,526
31 Jul 22	₹10,877
31 Jul 23	₹11,727
31 Jul 24	₹12,640
31 Jul 25	₹13,783

ICICI Prudential Long Term Plan 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 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 8 Aug 25

Duration	Returns
1 Month	0.2%
3 Month	1.3%
6 Month	4.5%
1 Year	8.5%
3 Year	8.1%
5 Year	6.6%
10 Year
15 Year
Since launch	8.8%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.2%
2023	7.6%
2022	4.5%
2021	4.3%
2020	11.8%
2019	10.2%
2018	6.2%
2017	5.1%
2016	16.9%
2015	5.7%

Fund Manager information for ICICI Prudential Long Term Plan

Name	Since	Tenure
Manish Banthia	28 Sep 12	12.85 Yr.
Nikhil Kabra	22 Jan 24	1.52 Yr.

Data below for ICICI Prudential Long Term Plan as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	11.24%
Debt	88.49%
Other	0.27%

Debt Sector Allocation

Sector	Value
Corporate	52.95%
Government	40.87%
Cash Equivalent	5.91%

Credit Quality

Rating	Value
AA	34.21%
AAA	65.79%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.34% Govt Stock 2064 Sovereign Bonds \| -	8%	₹1,227 Cr	118,212,000
LIC Housing Finance Ltd Debentures \| -	6%	₹956 Cr	94,000
7.09% Govt Stock 2054 Sovereign Bonds \| -	5%	₹709 Cr	70,000,000
7.81% Govt Stock 2033 Sovereign Bonds \| -	5%	₹695 Cr	66,848,050
6.9% Govt Stock 2065 Sovereign Bonds \| -	5%	₹688 Cr	70,000,000 ↑ 50,000,000
6.99% Govt Stock 2034 Sovereign Bonds \| -	3%	₹465 Cr	45,460,800
Vedanta Limited Debentures \| -	3%	₹403 Cr	40,000
Maharashtra (Government of) - \| -	2%	₹301 Cr	30,000,000 ↑ 30,000,000
Maharashtra (Government of) - \| -	2%	₹301 Cr	30,000,000 ↑ 30,000,000
Maharashtra (Government of) - \| -	2%	₹292 Cr	29,159,500 ↑ 29,159,500

3. 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.

Research Highlights for IIFL Dynamic Bond Fund

Bottom quartile AUM (₹681 Cr).
Established history (12+ yrs).
Not Rated.
Risk profile: Moderate.
1Y return: 9.26% (top quartile).
1M return: 0.06% (lower mid).
Sharpe: 1.85 (top quartile).
Information ratio: 0.00 (upper mid).
Yield to maturity (debt): 7.02% (upper mid).
Modified duration: 0.00 yrs (top quartile).
Average maturity: 6.79 yrs (upper mid).
Exit load: 0-18 Months (1%),18 Months and above(NIL).
Top sector: Real Estate.
Top bond sector: Government.
Debt-heavy allocation (~86%).
High-quality debt (AAA/AA ~100%).
Largest holding 7.26% Govt Stock 2032 (~10.9%).

Below is the key information for IIFL Dynamic Bond Fund

IIFL Dynamic Bond Fund Growth
Launch Date	24 Jun 13
NAV (08 Aug 25)	₹22.7796 ↓ -0.02 (-0.11 %)
Net Assets (Cr)	₹681 on 30 Jun 25
Category	Debt - Dynamic Bond
AMC	IIFL Asset Management Limited
Rating	Not Rated
Risk	Moderate
Expense Ratio	0.52
Sharpe Ratio	1.85
Information Ratio	0
Alpha Ratio	0
Min Investment	10,000
Min SIP Investment	1,000
Exit Load	0-18 Months (1%),18 Months and above(NIL)
Yield to Maturity	7.02%
Effective Maturity	6 Years 9 Months 15 Days
Modified Duration

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,656
31 Jul 22	₹11,059
31 Jul 23	₹11,756
31 Jul 24	₹12,742
31 Jul 25	₹14,031

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 8 Aug 25

Duration	Returns
1 Month	0.1%
3 Month	1.5%
6 Month	5%
1 Year	9.3%
3 Year	8.1%
5 Year	7%
10 Year
15 Year
Since launch	7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	9.6%
2023	6.8%
2022	3.6%
2021	5.6%
2020	8.2%
2019	7.8%
2018	5.2%
2017	7.4%
2016	7.8%
2015	6.3%

Fund Manager information for IIFL Dynamic Bond Fund

Name	Since	Tenure
Milan Mody	2 Mar 21	4.42 Yr.
Manumaharaj Saravanaraj	4 Jun 24	1.16 Yr.

Data below for IIFL Dynamic Bond Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	3.32%
Equity	9.99%
Debt	86.36%
Other	0.32%

Debt Sector Allocation

Sector	Value
Government	52.25%
Corporate	34.11%
Cash Equivalent	3.32%

Credit Quality

Rating	Value
AA	18.23%
AAA	81.77%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.26% Govt Stock 2032 Sovereign Bonds \| -	11%	₹74 Cr	7,000,000 ↓ -1,000,000
7.18% Govt Stock 2037 Sovereign Bonds \| -	7%	₹47 Cr	4,500,000
Embassy Office Parks REIT (Real Estate) -, Since 30 Apr 25 \| 542602	5%	₹33 Cr	850,507
7.41% Govt Stock 2036 Sovereign Bonds \| -	5%	₹32 Cr	3,000,000
Jamnagar Utilities & Power Private Limited Debentures \| -	4%	₹30 Cr	3,000,000
07.60 GJ Sgs 2035 Sovereign Bonds \| -	4%	₹26 Cr	2,500,000
7.23% Govt Stock 2039 Sovereign Bonds \| -	4%	₹26 Cr	2,500,000
07.64 MP Sgs 2033 Sovereign Bonds \| -	4%	₹26 Cr	2,500,000
LIC Housing Finance Ltd Debentures \| -	4%	₹26 Cr	2,500,000
HDFC Bank Limited Debentures \| -	4%	₹26 Cr	2,500,000

4. 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.

Research Highlights for SBI Dynamic Bond Fund

Upper mid AUM (₹3,606 Cr).
Oldest track record among peers (21 yrs).
Rating: 4★ (upper mid).
Risk profile: Moderate.
1Y return: 7.02% (bottom quartile).
1M return: 0.03% (lower mid).
Sharpe: 0.45 (bottom quartile).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.48% (bottom quartile).
Modified duration: 3.82 yrs (upper mid).
Average maturity: 5.39 yrs (upper mid).
Exit load: 0-1 Months (0.25%),1 Months and above(NIL).
Higher exposure to Financial Services vs peer median.
Top bond sector: Government.
Debt-heavy allocation (~85%).
High-quality debt (AAA/AA ~100%).
Largest holding 6.75% Govt Stock 2029 (~10.4%).

Below is the key information for SBI Dynamic Bond Fund

SBI Dynamic Bond Fund Growth
Launch Date	9 Feb 04
NAV (08 Aug 25)	₹35.7935 ↓ 0.00 (0.00 %)
Net Assets (Cr)	₹3,606 on 30 Jun 25
Category	Debt - Dynamic Bond
AMC	SBI Funds Management Private Limited
Rating	☆☆☆☆
Risk	Moderate
Expense Ratio	1.48
Sharpe Ratio	0.45
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	6.48%
Effective Maturity	5 Years 4 Months 20 Days
Modified Duration	3 Years 9 Months 25 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,245
31 Jul 22	₹10,454
31 Jul 23	₹11,325
31 Jul 24	₹12,226
31 Jul 25	₹13,151

SBI 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 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 8 Aug 25

Duration	Returns
1 Month	0%
3 Month	0.2%
6 Month	3.7%
1 Year	7%
3 Year	8%
5 Year	5.7%
10 Year
15 Year
Since launch

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.6%
2023	7.1%
2022	4.2%
2021	2%
2020	10.4%
2019	12.7%
2018	5.1%
2017	3.9%
2016	15.3%
2015	5.8%

Fund Manager information for SBI Dynamic Bond Fund

Name	Since	Tenure
Sudhir Agarwal	1 Jul 25	0.08 Yr.

Data below for SBI Dynamic Bond Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	14.93%
Debt	84.81%
Other	0.27%

Debt Sector Allocation

Sector	Value
Government	56.32%
Corporate	28.48%
Cash Equivalent	14.93%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
6.75% Govt Stock 2029 Sovereign Bonds \| -	10%	₹386 Cr	37,500,000
6.79% Govt Stock 2034 Sovereign Bonds \| -	8%	₹309 Cr	30,000,000 ↑ 30,000,000
Indian Railway Finance Corporation Limited Debentures \| -	7%	₹251 Cr	2,500 ↑ 2,500
National Bank For Agriculture And Rural Development Debentures \| -	5%	₹179 Cr	17,500
Summit Digitel Infrastructure Limited Debentures \| -	4%	₹160 Cr	1,500
Power Finance Corporation Limited Debentures \| -	4%	₹154 Cr	15,000
LIC Housing Finance Ltd Debentures \| -	4%	₹153 Cr	15,000 ↑ 15,000
Power Grid Corporation Of India Limited Debentures \| -	4%	₹150 Cr	15,000
7.23% Maharashtra Sdl-04/09/2035 Sovereign Bonds \| -	4%	₹144 Cr	14,164,700
INDIA UNIVERSAL TRUST AL2 Unlisted bonds \| -	3%	₹128 Cr	147

5. Axis Dynamic Bond Fund

To generate optimal returns while maintaining liquidity through active management of a portfolio of debt and money market instruments.

Research Highlights for Axis Dynamic Bond Fund

Bottom quartile AUM (₹1,279 Cr).
Established history (14+ yrs).
Rating: 3★ (upper mid).
Risk profile: Moderate.
1Y return: 8.24% (lower mid).
1M return: -0.08% (bottom quartile).
Sharpe: 0.87 (lower mid).
Information ratio: 0.00 (lower mid).
Yield to maturity (debt): 6.46% (bottom quartile).
Modified duration: 4.72 yrs (lower mid).
Average maturity: 8.03 yrs (lower mid).
Exit load: NIL.
Top bond sector: Government.
Debt-heavy allocation (~83%).
High-quality debt (AAA/AA ~100%).
Largest holding 7.18% Govt Stock 2033 (~21.5%).

Below is the key information for Axis Dynamic Bond Fund

Axis Dynamic Bond Fund Growth
Launch Date	27 Apr 11
NAV (08 Aug 25)	₹29.7532 ↓ -0.01 (-0.05 %)
Net Assets (Cr)	₹1,279 on 30 Jun 25
Category	Debt - Dynamic Bond
AMC	Axis Asset Management Company Limited
Rating	☆☆☆
Risk	Moderate
Expense Ratio	0.57
Sharpe Ratio	0.87
Information Ratio	0
Alpha Ratio	0
Min Investment	5,000
Min SIP Investment	1,000
Exit Load	NIL
Yield to Maturity	6.46%
Effective Maturity	8 Years 11 Days
Modified Duration	4 Years 8 Months 19 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,321
31 Jul 22	₹10,504
31 Jul 23	₹11,288
31 Jul 24	₹12,116
31 Jul 25	₹13,190

Axis 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 Axis 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 8 Aug 25

Duration	Returns
1 Month	-0.1%
3 Month	0.7%
6 Month	4.5%
1 Year	8.2%
3 Year	7.8%
5 Year	5.7%
10 Year
15 Year
Since launch	7.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.6%
2023	6.6%
2022	2.1%
2021	3.9%
2020	12.3%
2019	11%
2018	6.2%
2017	3.4%
2016	13.4%
2015	6.7%

Fund Manager information for Axis Dynamic Bond Fund

Name	Since	Tenure
Devang Shah	5 Nov 12	12.74 Yr.
Hardik Shah	5 Apr 24	1.32 Yr.

Data below for Axis Dynamic Bond Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	16.84%
Debt	82.77%
Other	0.38%

Debt Sector Allocation

Sector	Value
Government	55.26%
Corporate	27.51%
Cash Equivalent	16.84%

Credit Quality

Rating	Value
AAA	100%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2033 Sovereign Bonds \| -	22%	₹273 Cr	26,000,000
7.34% Govt Stock 2064 Sovereign Bonds \| -	7%	₹93 Cr	9,000,000
State Bank Of India Debentures \| -	4%	₹51 Cr	520
7.1% Govt Stock 2034 Sovereign Bonds \| -	3%	₹42 Cr	4,000,000
Power Grid Corporation Of India Limited Debentures \| -	3%	₹41 Cr	5,000
Rec Limited Debentures \| -	3%	₹34 Cr	3,500
Small Industries Development Bank Of India Debentures \| -	2%	₹26 Cr	2,500
Small Industries Development Bank Of India Debentures \| -	2%	₹25 Cr	2,500 ↑ 2,500
National Housing Bank Debentures \| -	2%	₹25 Cr	2,500
Tata Capital Housing Finance Limited Debentures \| -	2%	₹25 Cr	2,500

6. 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.

Research Highlights for Aditya Birla Sun Life Dynamic Bond Fund

Lower mid AUM (₹1,938 Cr).
Established history (20+ yrs).
Rating: 3★ (lower mid).
Risk profile: Moderate.
1Y return: 8.47% (lower mid).
1M return: 0.08% (upper mid).
Sharpe: 0.94 (lower mid).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 7.27% (upper mid).
Modified duration: 6.54 yrs (bottom quartile).
Average maturity: 11.36 yrs (bottom quartile).
Exit load: 0-90 Days (0.5%),90 Days and above(NIL).
Top sector: Financial Services.
Top bond sector: Government.
Debt-heavy allocation (~96%).
High-quality debt (AAA/AA ~98%).
Largest holding 7.18% Govt Stock 2037 (~21.6%).

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 (08 Aug 25)	₹46.6144 ↓ -0.04 (-0.08 %)
Net Assets (Cr)	₹1,938 on 15 Jul 25
Category	Debt - Dynamic Bond
AMC	Birla Sun Life Asset Management Co Ltd
Rating	☆☆☆
Risk	Moderate
Expense Ratio	1.21
Sharpe Ratio	0.94
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	7.27%
Effective Maturity	11 Years 4 Months 10 Days
Modified Duration	6 Years 6 Months 14 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,576
31 Jul 22	₹11,179
31 Jul 23	₹11,927
31 Jul 24	₹12,851
31 Jul 25	₹14,025

Aditya Birla Sun Life 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 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 8 Aug 25

Duration	Returns
1 Month	0.1%
3 Month	0.8%
6 Month	4.6%
1 Year	8.5%
3 Year	7.8%
5 Year	7%
10 Year
15 Year
Since launch	7.7%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	8.8%
2023	6.9%
2022	6%
2021	4.9%
2020	9.7%
2019	-0.9%
2018	5.7%
2017	2.2%
2016	14%
2015	7.4%

Fund Manager information for Aditya Birla Sun Life Dynamic Bond Fund

Name	Since	Tenure
Mohit Sharma	22 Mar 21	4.36 Yr.
Bhupesh Bameta	6 Aug 20	4.99 Yr.

Data below for Aditya Birla Sun Life Dynamic Bond Fund as on 15 Jul 25

Asset Allocation

Asset Class	Value
Cash	3.24%
Debt	96.48%
Other	0.28%

Debt Sector Allocation

Sector	Value
Government	51.61%
Corporate	44.87%
Cash Equivalent	3.24%

Credit Quality

Rating	Value
A	2.05%
AA	16.2%
AAA	81.75%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.18% Govt Stock 2037 Sovereign Bonds \| -	22%	₹419 Cr	40,000,000
Power Finance Corporation Limited Debentures \| -	7%	₹127 Cr	12,500
6.79% Govt Stock 2034 Sovereign Bonds \| -	5%	₹93 Cr	9,000,100 ↓ -3,500,000
Cholamandalam Investment And Finance Company Limited Debentures \| -	4%	₹82 Cr	8,000
Indian Railway Finance Corporation Limited Debentures \| -	4%	₹82 Cr	8,000
Bharti Telecom Limited Debentures \| -	4%	₹78 Cr	7,500
Ntpc Limited Debentures \| -	4%	₹77 Cr	7,500
State Bank Of India Debentures \| -	4%	₹76 Cr	75
Jubilant Bevco Limited Debentures \| -	3%	₹62 Cr	6,000
National Bank For Financing Infrastructure And Development Debentures \| -	3%	₹61 Cr	6,000

7. DSP Strategic Bond Fund

The primary investment objective of the Scheme is to seek to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities. However there can be no assurance that the investment objective of the Scheme will be realized.

Research Highlights for DSP Strategic Bond Fund

Lower mid AUM (₹1,545 Cr).
Established history (18+ yrs).
Rating: 2★ (lower mid).
Risk profile: Moderate.
1Y return: 6.51% (bottom quartile).
1M return: -0.24% (bottom quartile).
Sharpe: 0.19 (bottom quartile).
Information ratio: 0.00 (bottom quartile).
Yield to maturity (debt): 6.64% (lower mid).
Modified duration: 7.86 yrs (bottom quartile).
Average maturity: 17.25 yrs (bottom quartile).
Exit load: NIL.
Higher exposure to Government (bond sector) vs peer median.
Debt-heavy allocation (~99%).
High-quality debt (AAA/AA ~100%).
Largest holding 7.09% Govt Stock 2054 (~18.6%).
Top-3 holdings concentration ~41.0%.

Below is the key information for DSP Strategic Bond Fund

DSP Strategic Bond Fund Growth
Launch Date	9 May 07
NAV (08 Aug 25)	₹3,363.61 ↓ -4.17 (-0.12 %)
Net Assets (Cr)	₹1,545 on 30 Jun 25
Category	Debt - Dynamic Bond
AMC	DSP BlackRock Invmt Managers Pvt. Ltd.
Rating	☆☆
Risk	Moderate
Expense Ratio	1.16
Sharpe Ratio	0.19
Information Ratio	0
Alpha Ratio	0
Min Investment	1,000
Min SIP Investment	500
Exit Load	NIL
Yield to Maturity	6.64%
Effective Maturity	17 Years 3 Months
Modified Duration	7 Years 10 Months 10 Days

Growth of 10,000 investment over the years.

Date	Value
31 Jul 20	₹10,000
31 Jul 21	₹10,235
31 Jul 22	₹10,458
31 Jul 23	₹11,219
31 Jul 24	₹12,185
31 Jul 25	₹13,087

DSP Strategic 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 DSP Strategic 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 8 Aug 25

Duration	Returns
1 Month	-0.2%
3 Month	-0.8%
6 Month	3%
1 Year	6.5%
3 Year	7.6%
5 Year	5.5%
10 Year
15 Year
Since launch	6.9%

Historical performance (Yearly) on absolute basis

Year	Returns
2024	9.9%
2023	7.9%
2022	1.6%
2021	2.4%
2020	12.3%
2019	10.3%
2018	6.5%
2017	1.8%
2016	13%
2015	6.9%

Fund Manager information for DSP Strategic Bond Fund

Name	Since	Tenure
Sandeep Yadav	1 Mar 22	3.42 Yr.
Shantanu Godambe	1 Jun 23	2.17 Yr.
Kunal Khudania	1 Jul 25	0.08 Yr.

Data below for DSP Strategic Bond Fund as on 30 Jun 25

Asset Allocation

Asset Class	Value
Cash	0.63%
Debt	99.04%
Other	0.33%

Debt Sector Allocation

Sector	Value
Government	85.35%
Corporate	13.69%
Cash Equivalent	0.63%

Credit Quality

Rating	Value
AA	3.62%
AAA	96.38%

Top Securities Holdings / Portfolio

Name	Holding	Value	Quantity
7.09% Govt Stock 2054 Sovereign Bonds \| -	19%	₹287 Cr	27,500,000
6.9% Govt Stock 2065 Sovereign Bonds \| -	11%	₹175 Cr	17,500,000 ↑ 500,000
6.75% Govt Stock 2029 Sovereign Bonds \| -	11%	₹171 Cr	16,500,000
6.33% Govt Stock 2035 Sovereign Bonds \| -	7%	₹101 Cr	10,000,000
India (Republic of) 6.28% Sovereign Bonds \| -	6%	₹100 Cr	10,000,000 ↑ 10,000,000
6.79% Govt Stock 2034 Sovereign Bonds \| -	6%	₹99 Cr	9,500,000 ↑ 4,500,000
7.17% Govt Stock 2030 Sovereign Bonds \| -	6%	₹96 Cr	9,000,000
7.3% Govt Stock 2053 Sovereign Bonds \| -	5%	₹73 Cr	7,000,000
8.3% Govt Stock 2042 Sovereign Bonds \| -	5%	₹70 Cr	6,000,000
6.98% Govt Stock 2054 Sovereign Bonds \| -	4%	₹60 Cr	6,000,000 ↓ -1,000,000

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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.