Debt · Category

Best Dynamic Bond Mutual Funds 2026

Dynamic Bond is a SEBI-defined mutual fund category. Every fund below follows the same category mandate, which makes their returns directly comparable — the differences you see come from the fund manager's choices and the fund's costs, not from a difference in what they are allowed to hold.

All 50 Dynamic Bond funds, ranked

Ordered by three-year annualised return, computed from official AMFI NAV history to a common date.

NAV as of 4 Oct 2026

Category average over 3Y: 6.8% a year across 23 funds with a full record.

#Fund1Y3Y ↓5Yvs catExpense

Not enough history to rank

These 27 funds do not yet have a full 3Y NAV record, so ranking them against the funds above would compare different periods.

Aditya Birla Sun Life Dynamic Bond Fund-Discipline Advantage Plan Aditya Birla Sun Life Dynamic Term Fund Axis Dynamic Term Fund BANDHAN Dynamic Term Fund Baroda BNP Paribas Dynamic Term Fund DSP Dynamic Term Fund Franklin India Dynamic Accrual Fund HDFC Dynamic Debt Fund - Normal HDFC Dynamic Debt Fund - Normal IDCW HDFC Dynamic Debt Fund - Yearly HDFC Dynamic Debt Fund - Yearly IDCW HSBC Dynamic Term Fund ICICI Prudential All Seasons Bond Fund - Premium ICICI Prudential All Seasons Bond Fund Retail ICICI Prudential All Seasons Bond Fund Retail - Cumulative ICICI Prudential Dynamic Term Fund ITI Dynamic Term Fund JM Dynamic Bond Fund - Premium Plan JM Dynamic Term Fund Kotak Dynamic Term Fund Mahindra Manulife Dynamic Term Fund Nippon India Dynamic Term Fund PGIM India Dynamic Term Fund Tata Dynamic Bond Tata Dynamic Bond Fund UTI - Dynamic Bond Fund (Segregated - 17022020)UTI Dynamic Term Fund

How to read the table below

Returns are annualised and computed from our own AMFI NAV history rather than taken from a fund factsheet, so every fund on this page is measured to the same date on the same basis. The category average is calculated across the same set.

Expense ratio is the annual cost, already deducted from the NAV you see. Direct plans cost less than regular plans because they carry no distributor commission.

Past returns describe what happened; they are not a forecast.

Frequently asked questions

How are Dynamic Bond funds ranked on this page?+

By three-year annualised return, computed from official AMFI NAV history to a common date, so every fund is measured on the same basis. Funds without a full three-year record are listed separately rather than ranked against funds that have one.

Are these returns after fees?+

Yes. Returns are calculated from NAV, and the expense ratio is already deducted from NAV daily. The expense-ratio column tells you what that ongoing cost is.

How this page is produced

Every figure above is computed from our own archive of the official AMFI NAV file, going back to 2006, to NAV dated 4 Oct 2026. Nothing here is copied from a factsheet or a third-party summary. The full method is published, including its limitations.

Because every fund here is measured to the same date on the same basis, the column is directly comparable — which a page assembled from individual factsheets is not. Returns are annualised over 3Y and the category average is calculated across the same set of funds shown above. Tax rules summarised on this page are general and current for FY 2026-27 — confirm your own position with a qualified tax adviser.

Written and maintained by Azad Mohammed, who built the pipeline these numbers come out of. Found an error? Tell us — corrections are made and the page rebuilds within the hour.

This page describes what each fund has done. It is not investment advice and not a recommendation to buy or sell any scheme. Arthkar is not a SEBI-registered investment adviser and does not provide or arrange investment advice. Mutual fund investments are subject to market risk; read all scheme related documents carefully.