Aditya Birla Sun Life Dynamic Term Fund
Aditya Birla Sun Life Mutual Fund · Dynamic Bond · Regular plan, growth option
NAV (₹), 1 Oct 2026
48.9926
1-day change
-0.04%
1Y return
4.7%
3Y CAGR
7.0%
5Y CAGR
6.6%
Max drawdown, 5Y
−1.2%
NAV history month-end NAV, ₹ · 3 Apr 2006 to 1 Oct 2026
Returns vs Dynamic Bond median (23 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.1% | -0.4% |
| 3 months | 0.1% | -0.3% |
| 6 months | 3.4% | 2.8% |
| Year to date | 3.4% | 2.6% |
| 1 year | 4.7% | 3.1% |
| 3 years (CAGR) | 7.0% | 6.2% |
| 5 years (CAGR) | 6.6% | 5.5% |
| 7 years (CAGR) | 5.7% | 6.0% |
| 10 years (CAGR) | 5.5% | 6.1% |
| Since first NAV (CAGR) | 7.7% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.6% | 6.8% |
| 3Y rolling median | 7.8% | 7.0% |
| 3Y rolling worst | 0.7% | 3.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 8.1% | 6.9% |
| 5Y rolling worst | 3.4% | 4.4% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 2.6% | 2.6% |
| Sharpe ratio | 0.20 | -0.12 |
| Sortino ratio | 0.32 | -0.17 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −7.6% | −6.2% |
| Maximum drawdown, last 10Y | −7.6% | −4.0% |
| Maximum drawdown, last 5Y | −1.2% | −2.5% |
| Current drawdown | −0.5% | −1.1% |
| Recovery time of worst fall | 282 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the markets below, which are also close to how many of them are benchmarked. Where those markets stand today:
6.78%
1 Jul 2026 · +0.43 pp in a year · 5Y average 6.90%
- 1Y +2.2% · 3Y +6.3% p.a. · 5Y +5.2% p.a. (index fund NAV, after costs)
- −2.2% from its 52-week high (proxy NAV)
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.22% a year and the Direct plan's 0.64%, a gap of 0.58%; over the last 3 years the Direct plan returned 0.63 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹14,29,297.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Mohit Sharma | Comanage | 22 Mar 2021 |
| Bhupesh Bameta | Comanage | 6 Aug 2020 |
Objective: The investment objective of the scheme is to generate optimal returns with high liquidity through active management of the portfolio by investing in Debt and Money Market Instruments.
Stated asset allocation: Under normal circumstances, the asset allocation of the Scheme will be as follows: Government of India Securities - Sovereign - 50% to 65% Corporate Bonds - Low to Medium - 25% to 35% Cash/liquid Instruments including Money Market Instruments & Short Term Debt Papers** - Low - 0 to 25% *Since the intention of the Fund is to dynamically manage the asset allocation the percentages would change depending on view on interest rates as well as the level of corporate spreads prevailing at that point in time and also availability of different assets at different point of time. ** The short-term debt papers would have a maturity upto 1 year.
Benchmark (tier 1): NIFTY Composite Debt Index A-III
Exit load: In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switched-out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 90 days from the date of allotment: 0.50% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: Nil
Minimum application: ₹1,000
Allotment date: 27 Sep 2004
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.22% | 1.28% |
| AUM, whole scheme (₹ crore) | 1,370 | 396 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 4.9% | 2.6% TRI |
| Return, 3 years (AMFI) | 7.0% | 6.3% TRI |
| Return, 5 years (AMFI) | 6.6% | 5.4% TRI |
| Month-ends above category median (3Y CAGR) | 54% | 48% median |
| Month-ends in category top quartile (3Y) | 40% | 21% median |
| 7Y rolling CAGR, median (monthly windows) | 6.6% | 7.0% median |
Official benchmark: NIFTY Composite Debt Index A-III (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Dynamic Bond Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.4% | n/a | – |
| 2025 | 7.0% | n/a | – |
| 2024 | 8.8% | n/a | – |
| 2023 | 6.9% | n/a | – |
| 2022 | 6.0% | n/a | – |
| 2021 | 4.9% | n/a | – |
| 2020 | 9.7% | n/a | – |
| 2019 | -0.9% | n/a | – |
| 2018 | 5.7% | n/a | – |
| 2017 | 2.2% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,144 | 4.9% |
| 3 years | ₹3,60,000 | ₹3,94,912 | 6.1% |
| 5 years | ₹6,00,000 | ₹7,09,733 | 6.7% |
| 10 years | ₹12,00,000 | ₹16,45,096 | 6.1% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Dynamic Bond
Plan / option: Regular · Growth
AMFI scheme code: 102767
ISIN: INF209K01793
First NAV in MFIC data: 3 Apr 2006
History: 20.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| HSBC Dynamic Term Fund | Dynamic Bond | 0.99 | 6.0% |
| HSBC Gilt Fund | Gilt | 0.96 | 4.7% |
| Aditya Birla Sun Life Long Term Fund | Long Duration | 0.96 | 5.8% |
| BANDHAN LONG TERM FUND | Long Duration | 0.94 | n/a |
| HSBC Medium Term Fund | Medium Duration | 0.94 | 6.9% |
| Kotak Long Term Fund | Long Duration | 0.94 | n/a |
Questions about Aditya Birla Sun Life Dynamic Term Fund
- What is the latest NAV of Aditya Birla Sun Life Dynamic Term Fund?
- The NAV of the Regular plan (growth option) was ₹48.9926 on 1 Oct 2026, as published by AMFI.
- Which category is Aditya Birla Sun Life Dynamic Term Fund in?
- It is classified as Dynamic Bond in AMFI's daily NAV file. MFIC compares it with 23 Dynamic Bond schemes (Regular plans).
- What returns has Aditya Birla Sun Life Dynamic Term Fund delivered?
- Over one year the NAV changed by 4.7%. The 3-year CAGR is 7.0% (category median 6.2%) and the 5-year CAGR is 6.6% (category median 5.5%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 7.8%, the lowest was 0.7%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Aditya Birla Sun Life Dynamic Term Fund's NAV?
- The largest peak-to-trough fall in its available history was 7.6%; within the last five years it was 1.2% (category median 2.5%).
- How volatile is Aditya Birla Sun Life Dynamic Term Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 2.6%, which is below the Dynamic Bond category median of 2.6%.
- What would a monthly SIP in Aditya Birla Sun Life Dynamic Term Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,09,733 on 1 Oct 2026, an annualised return (XIRR) of 6.7%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Aditya Birla Sun Life Dynamic Term Fund?
- The total expense ratio of the Regular plan is 1.22% a year, as disclosed to AMFI (median of Dynamic Bond Regular plans: 1.28%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Aditya Birla Sun Life Dynamic Term Fund?
- Assets under management of the whole scheme were ₹1,370 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Aditya Birla Sun Life Dynamic Term Fund?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Aditya Birla Sun Life Dynamic Term Fund and how has it compared?
- Its official benchmark is the NIFTY Composite Debt Index A-III. Over 3 years AMFI reports a return of 7.0% for this plan against 6.3% for the benchmark total return index; over 5 years 6.6% against 5.4%. Past performance does not indicate future results.
- How often has Aditya Birla Sun Life Dynamic Term Fund beaten its category?
- At 54% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Dynamic Bond schemes (Regular plans); it was in the top quarter at 40% of them. A typical scheme would show about 50%.
- Who manages Aditya Birla Sun Life Dynamic Term Fund?
- According to its Scheme Summary Document, Aditya Birla Sun Life Dynamic Term Fund is managed by Mohit Sharma (since 22 Mar 2021), Bhupesh Bameta (since 6 Aug 2020).
- What is the exit load of Aditya Birla Sun Life Dynamic Term Fund?
- As stated in its scheme documents: In respect of each purchase / switch-in of Units, upto 15% of the units may be redeemed / switched-out without any exit load from the date of allotment. Any redemption in excess of the above limit shall be subject to the following exit load: For redemption / switch-out of units on or before 90 days from the date of allotment: 0.50% of applicable NAV. For redemption / switch-out of units after 90 days from the date of allotment: Nil Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Aditya Birla Sun Life Dynamic Term Fund?
- The minimum application amount is ₹1,000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.3% and the Regular plan's by 4.7%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.