October 20, 2025
mayank
SBI Dynamic Term Fund
NAV Growth: Rs 31.0291
NAV IDCW: Rs 17.3316
Suitable For Which Investors?
“Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending on where it expects to earn maximum returns, the fund management team actively decides whether to invest in bonds maturing in a few months or in the ones maturing several years later.
However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for investment horizon of up to three years) in their longer-term portfolios.”
Fund’s Investment Strategy:
The scheme seeks to provide investors attractive returns through investment in an actively managed portfolio of high quality debt securities of varying maturities.
Fund Manager:
1) Dinesh Ahuja
Education: Mr. Ahuja is a B.Com (H) and MMS (Finance).
Experience: Prior to joining SBI AMC he has worked with L&T Investment management Ltd., Reliance Asset Management Ltd and Reliance General insurance Company Ltd.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 0.25% will be charged for redemption within 30 days |
Basic Details
| Fund House | SBI Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 8.17% |
| Benchmark | CRISIL Dynamic Bond Fund AIII Index |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 2,397 Cr |
| (As on 30-Sep-2022) | |
| Expense Ratio | 0.88% |
| (As on 30-Sep-2022) | |
| Risk Grade | Average |
| Return Grade | Average |
SBI Dynamic Term Fund Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| SBI Dyn Term Dir | 3.08 | -0.08 | 0.29 | 2.15 | 2.81 | 3.9 | 6.28 | 7.03 | 7.97 | — |
| VR Bond | 1.75 | -0.08 | -0.12 | 1.8 | 1.95 | 2.58 | 4.26 | 5.2 | 5.84 | — |
| Debt: Dynamic Bondinfo | 2.05 | -0.04 | 0.04 | 1.33 | 2.03 | 2.78 | 5.96 | 6.22 | 7.1 | — |
| Rank within category | 5 | 21 | 3 | 3 | 4 | 5 | 7 | 4 | 3 | — |
| Number of funds in category | 26 | 26 | 26 | 26 | 26 | 26 | 23 | 21 | 20 | 0 |
Peer Comparison of SBI Dynamic Term Fund
| Fund name | Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age |
| SBI Dyn Term Dir | 4 star | 3.90 | 6.28 | 7.03 | 0.88 | 2,397 | 8.17 | 0.25 (30) | 9yrs 9mo |
| ICICI Pru All Seasons Bond Dir | 5 star | 4.34 | 7.91 | 7.68 | 0.62 | 5,855 | 9.93 | 0.25 (30) | 9yrs 9mo |
| Kotak Dyn Bond Dir | 4 star | 2.26 | 6.48 | 7.45 | 0.36 | 2,022 | 8.80 | — | 9yrs 9mo |
| IIFL Dyn Bond Dir | 4 star | 3.42 | 6.19 | 6.42 | 0.27 | 534 | 7.13 | — | 9yrs 4mo |
| HDFC Dyn Debt Dir | 5 star | 2.15 | 6.97 | 5.37 | 0.49 | 506 | 7.65 | — | 9yrs 9mo |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 5 | 22 |
| Modified Duration (yrs) | 1.13 | 2.41 |
| Average Maturity (yrs) | 1.66 | 3.70 |
| Yield to Maturity (%) | 6.27 | 6.97 |
| Avg Credit Rating | GOI/Cash | — |
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