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DSP Dynamic Term Fund - Direct Plan - Growth

NAVs of 8 Nov 2026

DSP Mutual Fund · Debt fund · Direct plan · Growth

Dynamic BondDirect · GrowthRisk: Moderate
NAV · 6 Nov 2026
₹3,667.8478 ▼ 0.08%
DSP Mutual Fund
Fund size₹648 crJuly - September 2026
1-month range₹3,640.67 – 3,670.96
1 year+1.60%rank 17 of 19
Expense ratio0.54%direct plan, a year
5 years+5.61%a year

What the fund does

The primary investment objective of the Scheme is to seek to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market securities. There is no assurance that the investment objective of the Schemes will be achieved.

BenchmarkCRISIL Dynamic Bond A-III Index
Launched9 May 2007
Fund houseDSP Mutual Fund
Fund managersSandeep Yadavsince 1 Mar 2022Shantanu Godambesince 1 Jun 2023Kunal Khudaniasince 1 Jul 2025

NAV history

3,6443,6903,737 2026-08-112026-08-242026-09-072026-09-212026-10-052026-10-162026-10-30

Returns

1 week
+0.59%avg 1.0%
1 month
+0.06%avg 0.5%
3 months
-1.54%avg -0.1%
6 months
+1.29%avg 2.5%
This year
+1.31%avg 3.4%
1 year
+1.60%avg 3.7% · #17/19
3 years (a year)
+6.10%avg 6.9% · #15/19
5 years (a year)
+5.61%avg 6.1% · #14/17

Bars: this plan; the thin mark is the Dynamic Bond average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

YearJanFebMarAprMayJunJulAugSepOctNovDec
2024+0.2
2025+0.7-0.5+2.9+2.1+0.5-1.8+0.8-1.6+1.1+0.5+0.0+0.4
2026-0.2+0.9-2.5+1.4-0.0+3.2-0.2-0.3-0.8-0.6+0.6

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 30 Sept 2026

Holdings1517 lines in all
Top 10 holdings72.0%of the fund
Debt80.1%bonds, government securities
Money market2.4%CDs, CPs, treasury bills

Where the money is

Debt 80.1%Money market 2.4%Cash & others 17.5%

Credit quality (debt and money market)

Sovereign
51.6%
AAA
20.0%
AA+
8.5%
A1+
2.4%

Changes since 31 Aug 2026

Share of fund30 Sept 202631 Aug 2026Change
Debt80.1%93.3%-13.21
Money market2.4%2.3%+0.14
Cash & others17.5%4.4%+13.07

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Bonds, money market and cash 17

HoldingSector / type% of fund
TREPS / Reverse Repo Investments–16.15%
6.94% GOI 11052036
IN0020260025		Sovereign15.82%
6.90% GOI 15042065
IN0020250018		Sovereign8.42%
7.43% Maharashtra SDL 03122040
IN2220250392		Sovereign8.12%
State Bank Of India**
INE062A08421		ICRA AAA8.00%
Power Finance Corporation Limited**
INE134E08NB7		CRISIL AAA7.92%
7.17% GOI 17042030
IN0020230036		Sovereign6.87%
Torrent Pharmaceuticals Limited**
INE685A07173		ICRA AA+4.28%
7.71% GOI 18052066
IN0020260033		Sovereign4.24%
Cholamandalam Investment and Finance Co Limited**
INE121A07SR9		ICRA AA+4.17%
Small Industries Development Bank Of India**
INE556F08LF3		CRISIL AAA4.12%
7.02% GOI 18062031
IN0020240076		Sovereign3.38%
6.68% GOI 07072040
IN0020250042		Sovereign3.17%
Small Industries Development Bank of India**
INE556F16BX0		CRISIL A1+2.42%
7.33% Madhya Pradesh SDL 19012042
IN2120210058		Sovereign1.58%
SBI Funds Management Pvt Limited/Fund Parent
INF0RQ622028		–0.90%
Net Receivables/Payables–0.44%

From the fund house's monthly portfolio (dspim.com), as on 30 Sept 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility3.3%yearly, from daily NAVs
Worst fall-3.32%30 Nov 2016 → 28 Feb 2017
RiskometerModerateModerate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 31 May 2016).

Where it can invest (limits from the scheme document)

urities which have residual or average maturity of less than or equal to 367 days or have put options within a period not exceeding 367 days.
0–100%
Debt securities which have residual or average maturity of more than 367 days
0–100%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)₹648 cr across all plans · this plan ₹363 cr
Fund houseDSP Mutual Fund
CategoryDebt · Dynamic Bond
PlanDirect
OptionGrowth
Expense ratio (TER)Direct 0.54% · Regular 1.14% (5 Nov 2026)
Minimum investment₹100 · additional ₹100
Scheme code (AMFI)119239
ISININF740K01QG4
NAV date6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

PlanNAV1 year
Direct · IDCW₹1,067.5087+0.07%
Direct · IDCW₹2,498.9977+1.60%
Regular · Growth₹3,411.2221+0.94%
Regular · IDCW₹1,056.0430+0.18%
Regular · IDCW₹1,258.8627+0.67%
Regular · IDCW₹1,034.2799-0.58%
Regular · IDCW₹1,046.6243-0.56%

Top Dynamic Bond funds (direct plans)

Fund1 year3 years (a year)
BANDHAN Dynamic Term Fund+6.67%+7.92%
Kotak Dynamic Term Fund+5.81%+7.90%
Kotak Dynamic Term Fund+5.81%+7.90%
Aditya Birla Sun Life Dynamic Term Fund+5.23%+7.80%
Mahindra Manulife Dynamic Term Fund+4.68%+7.60%
ICICI Prudential Dynamic Term Fund+5.02%+7.57%
SBI DYNAMIC TERM FUND+5.19%+7.48%
Nippon India Dynamic Term Fund+3.77%+7.40%
DSP Dynamic Term Fund+1.60%+6.10%

All Dynamic Bond funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of DSP Dynamic Term Fund - Direct Plan - Growth today?

₹3,667.8478 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of DSP Dynamic Term Fund - Direct Plan - Growth?

1 year: 1.60%, 3 years: 6.10% a year, 5 years: 5.61% a year

How does DSP Dynamic Term Fund rank in its category?

17 of 19 Dynamic Bond funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.