Dynamic bond fund refers to the Mutual Fund scheme that invests its corpus in a variety of fixed Income securities across varying maturity period. In this scheme, the fund managers take the Call on which kind of Fixed Income instruments to choose based on their perception about the interest rate scenarios and future interest rate movements. Dynamic Bond Funds can be considered as a good investment option for medium and long-term investments. This scheme is suitable for people who always feel confused about the interest rate scenario as they can depend on the fund manager’s credentials to earn out of their investment. In the year 2024, dynamic bond funds have performed really well. Many of the schemes have given customers their expected returns. The performance of top and best Dynamic Bond Funds for 2024 based on their performance or returns are as follows.
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Fund NAV Net Assets (Cr) 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 2025 (%) Debt Yield (YTM) Mod. Duration Eff. Maturity SBI Dynamic Bond Fund Growth ₹37.5659
↑ 0.01 ₹3,682 2 2.8 5.1 6.6 5.5 7.13% 3Y 3M 14D 5Y 11M 26D Edelweiss Dynamic Bond Fund Growth ₹30.5047
↑ 0.01 ₹2,326 2.1 3.3 6 6.7 6.8 6.81% 6M 18D 6M 18D Axis Dynamic Bond Fund Growth ₹31.5784
↑ 0.02 ₹996 2.7 3.5 6.5 7.2 7.1 7.11% 5Y 9M 4D 13Y 3M 14D Bandhan Dynamic Bond Fund Growth ₹35.7501
↑ 0.01 ₹1,961 2.8 4.4 6.6 6.7 3.4 7.32% 9Y 8M 8D 23Y 18D UTI Dynamic Bond Fund Growth ₹32.4329
↑ 0.01 ₹406 1.6 2.2 4.7 6.5 6 7.04% 1Y 9M 2Y 11M 23D Kotak Dynamic Bond Fund Growth ₹39.5952
↑ 0.00 ₹2,366 2.9 3.6 6.1 7 5.9 7.72% 7Y 11D 17Y 1M 28D Aditya Birla Sun Life Dynamic Bond Fund Growth ₹49.0484
↑ 0.01 ₹1,441 2.4 2.9 5.5 7.1 7 8.08% 5Y 3M 18D 11Y 11M 8D Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 4 Sep 26 Research Highlights & Commentary of 7 Funds showcased
Commentary SBI Dynamic Bond Fund Edelweiss Dynamic Bond Fund Axis Dynamic Bond Fund Bandhan Dynamic Bond Fund UTI Dynamic Bond Fund Kotak Dynamic Bond Fund Aditya Birla Sun Life Dynamic Bond Fund Point 1 Highest AUM (₹3,682 Cr). Upper mid AUM (₹2,326 Cr). Bottom quartile AUM (₹996 Cr). Lower mid AUM (₹1,961 Cr). Bottom quartile AUM (₹406 Cr). Upper mid AUM (₹2,366 Cr). Lower mid AUM (₹1,441 Cr). Point 2 Oldest track record among peers (22 yrs). Established history (18+ yrs). Established history (15+ yrs). Established history (17+ yrs). Established history (16+ yrs). Established history (18+ yrs). Established history (21+ yrs). Point 3 Rating: 4★ (upper mid). Rating: 1★ (bottom quartile). Rating: 3★ (upper mid). Rating: 3★ (lower mid). Top rated. Rating: 3★ (lower mid). Rating: 3★ (bottom quartile). Point 4 Risk profile: Moderate. Risk profile: Moderate. Risk profile: Moderate. Risk profile: Moderate. Risk profile: Moderate. Risk profile: Moderately Low. Risk profile: Moderate. Point 5 1Y return: 5.10% (bottom quartile). 1Y return: 6.03% (lower mid). 1Y return: 6.50% (upper mid). 1Y return: 6.55% (top quartile). 1Y return: 4.74% (bottom quartile). 1Y return: 6.13% (upper mid). 1Y return: 5.48% (lower mid). Point 6 1M return: 0.17% (lower mid). 1M return: 0.66% (top quartile). 1M return: 0.12% (bottom quartile). 1M return: 0.25% (upper mid). 1M return: -0.01% (bottom quartile). 1M return: 0.16% (lower mid). 1M return: 0.22% (upper mid). Point 7 Sharpe: -0.43 (bottom quartile). Sharpe: 0.10 (top quartile). Sharpe: 0.05 (upper mid). Sharpe: -0.07 (upper mid). Sharpe: -0.63 (bottom quartile). Sharpe: -0.13 (lower mid). Sharpe: -0.27 (lower mid). 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): 7.13% (lower mid). Yield to maturity (debt): 6.81% (bottom quartile). Yield to maturity (debt): 7.11% (lower mid). Yield to maturity (debt): 7.32% (upper mid). Yield to maturity (debt): 7.04% (bottom quartile). Yield to maturity (debt): 7.72% (upper mid). Yield to maturity (debt): 8.08% (top quartile). Point 10 Modified duration: 3.29 yrs (upper mid). Modified duration: 0.55 yrs (top quartile). Modified duration: 5.76 yrs (lower mid). Modified duration: 9.69 yrs (bottom quartile). Modified duration: 1.75 yrs (upper mid). Modified duration: 7.03 yrs (bottom quartile). Modified duration: 5.30 yrs (lower mid). SBI Dynamic Bond Fund
Edelweiss Dynamic Bond Fund
Axis Dynamic Bond Fund
Bandhan Dynamic Bond Fund
UTI Dynamic Bond Fund
Kotak Dynamic Bond Fund
Aditya Birla Sun Life 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. Below is the key information for SBI Dynamic Bond Fund Returns up to 1 year are on (Erstwhile Edelweiss Bond Fund) To generate optimal returns while maintaining 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. Research Highlights for Edelweiss Dynamic Bond Fund Below is the key information for Edelweiss Dynamic Bond Fund Returns up to 1 year are on 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 Below is the key information for Axis Dynamic Bond Fund Returns up to 1 year are on To generate optimal returns with high liquidity by active management of
the portfolio; by investing in high quality money market & debt instruments.
However there can be no assurance that the investment objectives of the Scheme will be realized. Research Highlights for Bandhan Dynamic Bond Fund Below is the key information for Bandhan Dynamic Bond Fund Returns up to 1 year are on 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. Research Highlights for UTI Dynamic Bond Fund Below is the key information for UTI Dynamic Bond Fund Returns up to 1 year are on (Erstwhile Kotak Flexi Debt Scheme) To maximize returns through active management of a portfolio of debt and money market securities. Research Highlights for Kotak Dynamic Bond Fund Below is the key information for Kotak Dynamic Bond Fund Returns up to 1 year are on 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 Below is the key information for Aditya Birla Sun Life Dynamic Bond Fund Returns up to 1 year are on 1. SBI Dynamic Bond Fund
SBI Dynamic Bond Fund
Growth Launch Date 9 Feb 04 NAV (04 Sep 26) ₹37.5659 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹3,682 on 31 Jul 26 Category Debt - Dynamic Bond AMC SBI Funds Management Private Limited Rating ☆☆☆☆ Risk Moderate Expense Ratio 1.44 Sharpe Ratio -0.44 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 7.13% Effective Maturity 5 Years 11 Months 26 Days Modified Duration 3 Years 3 Months 14 Days Growth of 10,000 investment over the years.
Date Value Returns for SBI Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 0.2% 3 Month 2% 6 Month 2.8% 1 Year 5.1% 3 Year 6.6% 5 Year 6% 10 Year 15 Year Since launch Historical performance (Yearly) on absolute basis
Year Returns 2025 5.5% 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% Fund Manager information for SBI Dynamic Bond Fund
Name Since Tenure Data below for SBI Dynamic Bond Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 2. Edelweiss Dynamic Bond Fund
Edelweiss Dynamic Bond Fund
Growth Launch Date 27 Jun 08 NAV (04 Sep 26) ₹30.5047 ↑ 0.01 (0.03 %) Net Assets (Cr) ₹2,326 on 31 Jul 26 Category Debt - Dynamic Bond AMC Edelweiss Asset Management Limited Rating ☆ Risk Moderate Expense Ratio 0.77 Sharpe Ratio 0.1 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 6.81% Effective Maturity 6 Months 18 Days Modified Duration 6 Months 18 Days Growth of 10,000 investment over the years.
Date Value Returns for Edelweiss Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 0.7% 3 Month 2.1% 6 Month 3.3% 1 Year 6% 3 Year 6.7% 5 Year 5.7% 10 Year 15 Year Since launch 6.3% Historical performance (Yearly) on absolute basis
Year Returns 2025 6.8% 2024 7% 2023 6.4% 2022 3.5% 2021 2.8% 2020 6.4% 2019 12.5% 2018 6.2% 2017 2.8% 2016 9.5% Fund Manager information for Edelweiss Dynamic Bond Fund
Name Since Tenure Data below for Edelweiss Dynamic Bond Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 3. Axis Dynamic Bond Fund
Axis Dynamic Bond Fund
Growth Launch Date 27 Apr 11 NAV (04 Sep 26) ₹31.5784 ↑ 0.02 (0.05 %) Net Assets (Cr) ₹996 on 31 Jul 26 Category Debt - Dynamic Bond AMC Axis Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 0.59 Sharpe Ratio 0.05 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.11% Effective Maturity 13 Years 3 Months 14 Days Modified Duration 5 Years 9 Months 4 Days Growth of 10,000 investment over the years.
Date Value Returns for Axis Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 0.1% 3 Month 2.7% 6 Month 3.5% 1 Year 6.5% 3 Year 7.2% 5 Year 6% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 7.1% 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% Fund Manager information for Axis Dynamic Bond Fund
Name Since Tenure Data below for Axis Dynamic Bond Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 4. Bandhan Dynamic Bond Fund
Bandhan Dynamic Bond Fund
Growth Launch Date 3 Dec 08 NAV (04 Sep 26) ₹35.7501 ↑ 0.01 (0.02 %) Net Assets (Cr) ₹1,961 on 15 Jul 26 Category Debt - Dynamic Bond AMC IDFC Asset Management Company Limited Rating ☆☆☆ Risk Moderate Expense Ratio 1.59 Sharpe Ratio -0.07 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.32% Effective Maturity 23 Years 18 Days Modified Duration 9 Years 8 Months 8 Days Growth of 10,000 investment over the years.
Date Value Returns for Bandhan Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 0.3% 3 Month 2.8% 6 Month 4.4% 1 Year 6.6% 3 Year 6.7% 5 Year 5.2% 10 Year 15 Year Since launch 7.4% Historical performance (Yearly) on absolute basis
Year Returns 2025 3.4% 2024 10% 2023 6.4% 2022 1% 2021 1.8% 2020 12.9% 2019 11% 2018 6.8% 2017 3.5% 2016 13.1% Fund Manager information for Bandhan Dynamic Bond Fund
Name Since Tenure Data below for Bandhan Dynamic Bond Fund as on 15 Jul 26
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 5. UTI Dynamic Bond Fund
UTI Dynamic Bond Fund
Growth Launch Date 16 Jun 10 NAV (04 Sep 26) ₹32.4329 ↑ 0.01 (0.03 %) Net Assets (Cr) ₹406 on 31 Jul 26 Category Debt - Dynamic Bond AMC UTI Asset Management Company Ltd Rating ☆☆☆☆☆ Risk Moderate Expense Ratio 1.54 Sharpe Ratio -0.63 Information Ratio 0 Alpha Ratio 0 Min Investment 10,000 Min SIP Investment 500 Exit Load NIL Yield to Maturity 7.04% Effective Maturity 2 Years 11 Months 23 Days Modified Duration 1 Year 9 Months Growth of 10,000 investment over the years.
Date Value Returns for UTI Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 0% 3 Month 1.6% 6 Month 2.2% 1 Year 4.7% 3 Year 6.5% 5 Year 8.7% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2025 6% 2024 8.6% 2023 6.2% 2022 10.1% 2021 10.8% 2020 5.9% 2019 -3.9% 2018 5.2% 2017 4.2% 2016 14.9% Fund Manager information for UTI Dynamic Bond Fund
Name Since Tenure Data below for UTI Dynamic Bond Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 6. Kotak Dynamic Bond Fund
Kotak Dynamic Bond Fund
Growth Launch Date 26 May 08 NAV (04 Sep 26) ₹39.5952 ↑ 0.00 (0.01 %) Net Assets (Cr) ₹2,366 on 31 Jul 26 Category Debt - Medium term Bond AMC Kotak Mahindra Asset Management Co Ltd Rating ☆☆☆ Risk Moderately Low Expense Ratio 1.33 Sharpe Ratio -0.13 Information Ratio 0 Alpha Ratio 0 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Yield to Maturity 7.72% Effective Maturity 17 Years 1 Month 28 Days Modified Duration 7 Years 11 Days Growth of 10,000 investment over the years.
Date Value Returns for Kotak Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 0.2% 3 Month 2.9% 6 Month 3.6% 1 Year 6.1% 3 Year 7% 5 Year 5.8% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2025 5.9% 2024 9.3% 2023 6.5% 2022 2.5% 2021 3.2% 2020 11.7% 2019 11.1% 2018 7.3% 2017 5.6% 2016 13.4% Fund Manager information for Kotak Dynamic Bond Fund
Name Since Tenure Data below for Kotak Dynamic Bond Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity 7. Aditya Birla Sun Life Dynamic Bond Fund
Aditya Birla Sun Life Dynamic Bond Fund
Growth Launch Date 27 Sep 04 NAV (04 Sep 26) ₹49.0484 ↑ 0.01 (0.01 %) Net Assets (Cr) ₹1,441 on 31 Jul 26 Category Debt - Dynamic Bond AMC Birla Sun Life Asset Management Co Ltd Rating ☆☆☆ Risk Moderate Expense Ratio 1.23 Sharpe Ratio -0.27 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 8.08% Effective Maturity 11 Years 11 Months 8 Days Modified Duration 5 Years 3 Months 18 Days Growth of 10,000 investment over the years.
Date Value Returns for Aditya Birla Sun Life Dynamic Bond Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 4 Sep 26 Duration Returns 1 Month 0.2% 3 Month 2.4% 6 Month 2.9% 1 Year 5.5% 3 Year 7.1% 5 Year 6.7% 10 Year 15 Year Since launch 7.5% Historical performance (Yearly) on absolute basis
Year Returns 2025 7% 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% Fund Manager information for Aditya Birla Sun Life Dynamic Bond Fund
Name Since Tenure Data below for Aditya Birla Sun Life Dynamic Bond Fund as on 31 Jul 26
Asset Allocation
Asset Class Value Debt Sector Allocation
Sector Value Credit Quality
Rating Value Top Securities Holdings / Portfolio
Name Holding Value Quantity
Research Highlights for SBI Dynamic Bond Fund