Dynamic Term Funds Compared
Every dynamic term mutual fund's 1, 3 and 5-year return, SIP return and record against the Nifty 50, ranked by a stated measure, from AMFI NAVs.
As of 30 Sep 2026, there are 21 dynamic term funds with at least 3 years of NAVs. Over 5 years their direct plans returned a median 6.0% a year. The highest 5-year return was UTI Dynamic Term Fund at 7.7% a year.
All dynamic term funds, ranked by 5-year return
| # | Fund | 1y | 3y | 5y | 10y | 5y regular | 5y SIP XIRR | Expense ratio (direct) |
|---|---|---|---|---|---|---|---|---|
| 1 | UTI Dynamic Term Fund | 5.2% | 7.2% | 7.7% | 6.7% | 6.9% | 7.1% | 0.56% |
| 2 | Aditya Birla Sun Life Dynamic Term Fund | 5.5% | 7.7% | 7.2% | 6.1% | 6.6% | 7.3% | 0.64% |
| 3 | ICICI Prudential Dynamic Term Fund | 5.1% | 7.5% | 7.0% | 7.9% | 6.2% | 7.2% | 0.63% |
| 4 | 360 ONE Dynamic Term Fund | 5.1% | 8.0% | 6.8% | 7.1% | 6.5% | 7.2% | 0.34% |
| 5 | SBI Dynamic Term Fund | 5.5% | 7.4% | 6.7% | 7.5% | 5.9% | 7.0% | 0.64% |
| 6 | Kotak Dynamic Term Fund | 5.8% | 7.8% | 6.5% | 7.7% | 5.7% | 7.1% | 0.61% |
| 7 | Bandhan Dynamic Term Fund | 7.3% | 7.7% | 6.2% | 7.3% | 5.3% | 6.9% | 0.79% |
| 8 | Nippon India Dynamic Term Fund | 4.7% | 7.2% | 6.2% | 6.6% | 5.7% | 6.7% | 0.35% |
| 9 | Axis Dynamic Term Fund | 6.2% | 7.4% | 6.1% | 7.3% | 5.8% | 6.9% | 0.34% |
| 10 | PGIM India Dynamic Term Fund | 3.3% | 6.9% | 6.0% | 7.3% | 4.7% | 6.2% | 0.49% |
| 11 | JM Dynamic Term Fund | 3.7% | 6.7% | 6.0% | 6.6% | 5.5% | 6.1% | 0.42% |
| 12 | Mahindra Manulife Dynamic Term Fund | 4.7% | 7.5% | 6.0% | — | 4.8% | 6.7% | 0.42% |
| 13 | HDFC Dynamic Term Fund | 4.4% | 6.6% | 5.8% | 6.0% | 4.9% | 6.1% | 0.75% |
| 14 | ITI Dynamic Term Fund | 2.8% | 6.0% | 5.7% | — | 4.6% | 5.4% | 0.29% |
| 15 | Mirae Asset Dynamic Term Fund | 4.2% | 6.8% | 5.7% | — | 4.7% | 6.2% | 0.17% |
| 16 | DSP Dynamic Term Fund | 2.2% | 6.1% | 5.6% | 6.6% | 4.9% | 5.5% | 0.54% |
| 17 | Canara Robeco Dynamic Term Fund | 2.5% | 5.6% | 5.2% | 6.0% | 4.0% | 5.0% | 0.72% |
| 18 | Groww Dynamic Term Fund | 3.2% | 5.8% | 5.1% | — | 4.3% | 5.2% | 0.45% |
| 19 | Union Dynamic Term Fund | 1.0% | 5.0% | 4.1% | 5.3% | 3.9% | 4.3% | 1.25% |
| — | Baroda BNP Paribas Dynamic Term Fund | 2.7% | 6.2% | — | — | — | — | 0.74% |
| — | HSBC Dynamic Term Fund | 3.3% | 6.6% | — | — | — | — | 0.30% |
Direct plans, Growth option, to 30 Sep 2026. Funds that closed or merged are not in AMFI's current list, so the category looks a little better than investors actually did (survivorship). Returns are yearly (CAGR) from AMFI month-end NAVs of the Growth option. An index's return is measured through a low-cost index fund's direct plan, so it is a little below the index itself. Past returns do not tell you what a fund will do next, and this is not a recommendation to buy or sell any fund. Other categories: all mutual fund categories.
Key takeaways
Frequently asked questions
Which dynamic term fund has given the highest returns?
Over the 5 years to 30 Sep 2026, UTI Dynamic Term Fund (direct plan) at 7.7% a year. Past returns do not predict future ones.
What is the average return of dynamic term funds?
The median direct plan returned 6.0% a year over 5 years to 30 Sep 2026.