What are the top performing Dynamic Term funds?

Based on 1-year returns, the top performing Dynamic Term funds are Bandhan Dynamic Term Fund Direct-Growth with 7.27% return, Kotak Dynamic Term Fund Direct-Growth with 6.61% return, and Axis Dynamic Term Fund Direct-Growth with 6.58% return. The category average 1-year return is 4.76%.

Which Dynamic Term funds have given the best returns over 3 years?

Over a 3-year period, the best performing Dynamic Term funds are Bandhan Dynamic Term Fund Direct-Growth with a 8.19% CAGR, Kotak Dynamic Term Fund Direct-Growth with 7.87% CAGR, and Axis Dynamic Term Fund Direct-Growth with 7.80% CAGR. The category average 3-year return stands at 6.94% CAGR.

What are the largest Dynamic Term mutual funds by assets?

The largest Dynamic Term funds by Assets Under Management (AUM) are ICICI Prudential Dynamic Term Fund Direct-Growth with ₹ 13,162.80 crore, Nippon India Dynamic Term Fund Direct-Growth with ₹ 3,875.48 crore, and SBI Dynamic Term Fund Direct-Growth with ₹ 3,552.63 crore. Together, there are 27 Dynamic Term funds available in India.

What is the minimum amount to invest in Dynamic Term funds?

You can start investing in Dynamic Term funds with a minimum SIP of ₹99 per month or a minimum lumpsum of ₹100. The minimum investment varies across fund houses — some funds allow even lower entry points.

How are Dynamic Term fund returns taxed?

All gains from Dynamic Term funds — regardless of holding period — are added to your income and taxed at your applicable income tax slab rate.

Which Dynamic Term funds have the lowest expense ratio?

Among Dynamic Term funds, Mirae Asset Dynamic Term Fund Direct-Growth has the lowest expense ratio at 0.17% (Direct Plan), followed by Franklin India Dynamic Accrual Fund - Segregated Portfolio 3 Direct-Growth at 0.17%. Lower expense ratios directly improve your net returns over the long term.

How many Dynamic Term mutual funds are available in India?

There are currently 27 Dynamic Term mutual funds available in India across different fund houses. You can compare all 27 funds on Sharpely based on returns, risk, AUM, and expense ratio to find the one that suits your investment goals.

mutual funds category

Dynamic Term

Best Dynamic Term Mutual Funds 2026

Total Schemes

No. of schemes

Total AUM

₹ 0.30Lakh Cr

As on latest

Category Return (5Y)

6.25 %

CAGR

Benchmark Data

This category currently has no benchmark assigned.

Category Returns (%)

Period	1M	6M	1Y	3Y CAGR	5Y CAGR	10Y CAGR	YTD
Dynamic Term	-0.24 %	2.54 %	4.76 %	6.94 %	6.25 %	6.65 %	3.22 %
Benchmark Not Available No benchmark assigned	-	-	-	-	-	-	-

Top Dynamic Term Funds (by AUM)

Fund Name	AUM (₹ Cr)	1Y Return	3Y CAGR	5Y CAGR	Expense Ratio
ICICI Prudential Dynamic Term Fund Direct-GrowthNAV: ₹42.66	13,162.80 Cr	5.90%	7.80%	7.11%	0.63%
Nippon India Dynamic Term Fund Direct-GrowthNAV: ₹42.49	3,875.48 Cr	5.65%	7.44%	6.33%	0.35%
SBI Dynamic Term Fund Direct-GrowthNAV: ₹41.48	3,552.63 Cr	5.61%	7.43%	6.80%	0.64%
Kotak Dynamic Term Fund Direct-GrowthNAV: ₹43.59	2,342.00 Cr	6.61%	7.87%	6.65%	0.61%
Bandhan Dynamic Term Fund Direct-GrowthNAV: ₹40.16	1,943.75 Cr	7.27%	7.62%	6.16%	0.79%
Aditya Birla Sun Life Dynamic Term Retail Fund Direct-GrowthNAV: ₹53.02	1,422.31 Cr	5.97%	7.72%	7.29%	0.64%
Axis Dynamic Term Fund Direct-GrowthNAV: ₹34.82	992.71 Cr	6.58%	7.53%	6.33%	0.34%
DSP Dynamic Term Fund Direct-GrowthNAV: ₹3,701.52	638.52 Cr	3.37%	6.38%	5.86%	0.54%
360 ONE Dynamic Term Fund Direct-GrowthNAV: ₹25.63	559.35 Cr	6.53%	8.19%	6.91%	0.34%
HDFC Dynamic Term Fund Direct Plan-GrowthNAV: ₹103.68	494.82 Cr	5.04%	6.85%	5.93%	0.75%
UTI Dynamic Term Fund Direct-GrowthNAV: ₹35.62	405.91 Cr	5.42%	7.35%	9.56%	0.56%
HSBC Dynamic Term Fund Direct-GrowthNAV: ₹33.43	121.14 Cr	3.92%	6.77%	5.67%	0.30%
Mirae Asset Dynamic Term Fund Direct-GrowthNAV: ₹18.81	116.14 Cr	5.15%	7.06%	5.81%	0.17%
Baroda BNP Paribas Dynamic Term Fund Direct-GrowthNAV: ₹52.52	115.40 Cr	3.13%	6.36%	6.00%	0.74%
Quantum Dynamic Term Fund Direct-GrowthNAV: ₹22.74	87.99 Cr	4.03%	6.89%	6.28%	0.50%

Dynamic Term vs Other Categories

5Y CAGR Return Comparison

6.27%

6.25%

6.22%

6.14%

Target Maturity

Corporate Bond

Dynamic Term

Banking and PSU Debt

Medium to Long Term

Key Insights

Dynamic Term delivered 6.25% CAGR over the last 5 years.

It ranks #11 out of 18 categories based on 5Y performance.

Below the category average return of 6.49%.

9 categories outperform it, while 7 categories have lower returns.

Top performer: Credit Risk (10.54%).

Lowest performer: Long Term (5.63%).

Let's have a closer look

Now let us jump and check about these top 15 mutual fund schemes.

ICICI Prudential Dynamic Term Fund Direct-Growth

Fund Performance: ICICI Prudential Dynamic Term Fund Direct-Growth has given 7.80% annualized returns in the past three years and 7.11% in the last 5 years. The ICICI Prudential Dynamic Term Fund Direct-Growth comes under the Debt category of ICICI Prudential Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in ICICI Prudential Dynamic Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 13,162.80Cr

1Y Returns

5.90%

Expense Ratio

0.63%

Nippon India Dynamic Term Fund Direct-Growth

Fund Performance: Nippon India Dynamic Term Fund Direct-Growth has given 7.44% annualized returns in the past three years and 6.33% in the last 5 years. The Nippon India Dynamic Term Fund Direct-Growth comes under the Debt category of Nippon India Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Nippon India Dynamic Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 3,875.48Cr

1Y Returns

5.65%

Expense Ratio

0.35%

SBI Dynamic Term Fund Direct-Growth

Fund Performance: SBI Dynamic Term Fund Direct-Growth has given 7.43% annualized returns in the past three years and 6.80% in the last 5 years. The SBI Dynamic Term Fund Direct-Growth comes under the Debt category of SBI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in SBI Dynamic Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 3,552.63Cr

1Y Returns

5.61%

Expense Ratio

0.64%

Kotak Dynamic Term Fund Direct-Growth

Fund Performance: Kotak Dynamic Term Fund Direct-Growth has given 7.87% annualized returns in the past three years and 6.65% in the last 5 years. The Kotak Dynamic Term Fund Direct-Growth comes under the Debt category of Kotak Mahindra Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Kotak Dynamic Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 2,342.00Cr

1Y Returns

6.61%

Expense Ratio

0.61%

Bandhan Dynamic Term Fund Direct-Growth

Fund Performance: Bandhan Dynamic Term Fund Direct-Growth has given 7.62% annualized returns in the past three years and 6.16% in the last 5 years. The Bandhan Dynamic Term Fund Direct-Growth comes under the Debt category of Bandhan Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Bandhan Dynamic Term Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 1,943.75Cr

1Y Returns

7.27%

Expense Ratio

0.79%

Aditya Birla Sun Life Dynamic Term Retail Fund Direct-Growth

Fund Performance: Aditya Birla Sun Life Dynamic Term Retail Fund Direct-Growth has given 7.72% annualized returns in the past three years and 7.29% in the last 5 years. The Aditya Birla Sun Life Dynamic Term Retail Fund Direct-Growth comes under the Debt category of Aditya Birla Sun Life Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Aditya Birla Sun Life Dynamic Term Retail Fund Direct-Growth via lump sum is ₹ 1,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 1,000.00

AUM

₹ 1,422.31Cr

1Y Returns

5.97%

Expense Ratio

0.64%

Axis Dynamic Term Fund Direct-Growth

Fund Performance: Axis Dynamic Term Fund Direct-Growth has given 7.53% annualized returns in the past three years and 6.33% in the last 5 years. The Axis Dynamic Term Fund Direct-Growth comes under the Debt category of Axis Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Axis Dynamic Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 992.71Cr

1Y Returns

6.58%

Expense Ratio

0.34%

DSP Dynamic Term Fund Direct-Growth

Fund Performance: DSP Dynamic Term Fund Direct-Growth has given 6.38% annualized returns in the past three years and 5.86% in the last 5 years. The DSP Dynamic Term Fund Direct-Growth comes under the Debt category of DSP Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in DSP Dynamic Term Fund Direct-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 638.52Cr

1Y Returns

3.37%

Expense Ratio

0.54%

360 ONE Dynamic Term Fund Direct-Growth

Fund Performance: 360 ONE Dynamic Term Fund Direct-Growth has given 8.19% annualized returns in the past three years and 6.91% in the last 5 years. The 360 ONE Dynamic Term Fund Direct-Growth comes under the Debt category of 360 ONE Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in 360 ONE Dynamic Term Fund Direct-Growth via lump sum is ₹ 10,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 10,000.00

AUM

₹ 559.35Cr

1Y Returns

6.53%

Expense Ratio

0.34%

HDFC Dynamic Term Fund Direct Plan-Growth

Fund Performance: HDFC Dynamic Term Fund Direct Plan-Growth has given 6.85% annualized returns in the past three years and 5.93% in the last 5 years. The HDFC Dynamic Term Fund Direct Plan-Growth comes under the Debt category of HDFC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HDFC Dynamic Term Fund Direct Plan-Growth via lump sum is ₹ 100.00 and via SIP is ₹ 100.00.

Min Investment Amt

₹ 100.00

AUM

₹ 494.82Cr

1Y Returns

5.04%

Expense Ratio

0.75%

UTI Dynamic Term Fund Direct-Growth

Fund Performance: UTI Dynamic Term Fund Direct-Growth has given 7.35% annualized returns in the past three years and 9.56% in the last 5 years. The UTI Dynamic Term Fund Direct-Growth comes under the Debt category of UTI Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in UTI Dynamic Term Fund Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 500.00

AUM

₹ 405.91Cr

1Y Returns

5.42%

Expense Ratio

0.56%

HSBC Dynamic Term Fund Direct-Growth

Fund Performance: HSBC Dynamic Term Fund Direct-Growth has given 6.77% annualized returns in the past three years and 5.67% in the last 5 years. The HSBC Dynamic Term Fund Direct-Growth comes under the Debt category of HSBC Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in HSBC Dynamic Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 1,000.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 121.14Cr

1Y Returns

3.92%

Expense Ratio

0.30%

Mirae Asset Dynamic Term Fund Direct-Growth

Fund Performance: Mirae Asset Dynamic Term Fund Direct-Growth has given 7.06% annualized returns in the past three years and 5.81% in the last 5 years. The Mirae Asset Dynamic Term Fund Direct-Growth comes under the Debt category of Mirae Asset Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Mirae Asset Dynamic Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 99.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 116.14Cr

1Y Returns

5.15%

Expense Ratio

0.17%

Baroda BNP Paribas Dynamic Term Fund Direct-Growth

Fund Performance: Baroda BNP Paribas Dynamic Term Fund Direct-Growth has given 6.36% annualized returns in the past three years and 6.00% in the last 5 years. The Baroda BNP Paribas Dynamic Term Fund Direct-Growth comes under the Debt category of Baroda BNP Paribas Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Baroda BNP Paribas Dynamic Term Fund Direct-Growth via lump sum is ₹ 5,000.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 5,000.00

AUM

₹ 115.40Cr

1Y Returns

3.13%

Expense Ratio

0.74%

Quantum Dynamic Term Fund Direct-Growth

Fund Performance: Quantum Dynamic Term Fund Direct-Growth has given 6.89% annualized returns in the past three years and 6.28% in the last 5 years. The Quantum Dynamic Term Fund Direct-Growth comes under the Debt category of Quantum Mutual Fund.

Minimum Investment Amount: The minimum amount required to invest in Quantum Dynamic Term Fund Direct-Growth via lump sum is ₹ 500.00 and via SIP is ₹ 500.00.

Min Investment Amt

₹ 500.00

AUM

₹ 87.99Cr

1Y Returns

4.03%

Expense Ratio

0.50%