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 37 Dynamic Bond funds, ranked
Ordered by three-year annualised return, computed from official AMFI NAV history to a common date.
NAV as of 18 Aug 2026
Category average over 3Y: 7.3% a year across 23 funds with a full record.
- 16.9%8.5%7.1%+1.2—
360 ONE Dynamic Bond Fund
360 ONE
- 27.8%8.3%7.0%+1.0—
Kotak Dynamic Bond Fund
Kotak Mahindra
- 36.6%8.1%7.3%+0.8—
ICICI Prudential All Seasons Bond Fund
ICICI Prudential
- 48.6%8.0%6.4%+0.8—
BANDHAN Dynamic Bond Fund
Bandhan
- 56.4%8.0%7.4%+0.7—
Aditya Birla Sun Life Dynamic Bond Fund
Aditya Birla Sun Life
- 66.4%8.0%6.3%+0.7—
Mahindra Manulife Dynamic Bond Fund
Mahindra Manulife
- 77.2%7.8%6.6%+0.6—
Axis Dynamic Bond Fund
Axis
- 85.5%7.8%6.7%+0.5—
NIPPON INDIA DYNAMIC BOND FUND
Nippon India
- 96.1%7.7%9.7%+0.4—
UTI Dynamic Bond Fund
UTI
- 106.1%7.6%6.9%+0.3—
SBI Dynamic Bond Fund
SBI
- 115.9%7.4%6.0%+0.1—
Mirae Asset Dynamic Bond Fund
Mirae Asset
- 124.8%7.4%6.4%+0.1—
PGIM India Dynamic Bond Fund
PGIM India
- 136.4%7.3%6.2%+0.1—
HDFC Dynamic Debt Fund
HDFC
- 144.8%7.3%6.6%+0.0—
Quantum Dynamic Bond Fund
Quantum
- 155.0%7.1%6.0%-0.1—
HSBC Dynamic Bond Fund
HSBC
- 164.5%7.0%6.1%-0.3—
JM Dynamic Bond Fund
JM Financial
- 174.6%6.9%6.2%-0.4—
DSP Strategic Bond Fund
DSP
- 183.6%6.6%6.1%-0.7—
ITI Dynamic Bond Fund
ITI
- 193.8%6.6%6.2%-0.7—
Baroda BNP Paribas Dynamic Bond Fund
Baroda BNP Paribas
- 203.9%6.1%5.5%-1.2—
CANARA ROBECO DYNAMIC BOND FUND
Canara Robeco
- 214.1%6.1%5.2%-1.2—
Groww Dynamic Term Fund
Groww
- 223.5%5.8%4.7%-1.4—
Union Dynamic Bond Fund
Union
- 232.8%5.6%5.3%-1.7—
Baroda BNP Paribas Dynamic Bond Fund-Defunct Plan
Baroda BNP Paribas
Not enough history to rank
These 14 funds do not yet have a full 3Y NAV record, so ranking them against the funds above would compare different periods.
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 18 Aug 2026. Nothing is copied from a fund factsheet or a third-party data vendor, which is why every fund on this page can be measured to the same date on the same basis. The full method is published, including its limitations.
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.