Aditya Birla Sun Life Dynamic Term Fund
- NAV as on 25 Sep 2026
- ₹49.01-0.07%1 day
- Return since launch
- 7.5%
- 52-week range
- ₹46.73 — ₹49.26
- AUM
- ₹1,422 Cr
Aditya Birla Sun Life Dynamic Term Fund is a Dynamic Bond debt fund from Aditya Birla Sun Life Mutual Fund with ₹1,422 Cr under management, launched in 2004. Over three years it has returned 6.2% a year, against 6.1% for its category. The expense ratio is 1.22% and the SEBI riskometer reading is Moderately High.
Performance
Aditya Birla Sun Life Dynamic Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.9% against +3.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.9% | +1.3 pts | 3.6% | 3.4% |
| 2Y | 5.3% | +1.3 pts | 3.9% | 4.0% |
| 3Y | 6.2% | +0.1 pts | 6.1% | 5.0% |
| 5Y | 6.7% | +1.3 pts | 5.4% | 5.6% |
| 7Y | 6.7% | +1.0 pts | 5.6% | 5.5% |
| 10Y | 6.2% | +0.1 pts | 6.0% | 5.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.0% | +0.3 pts | -0.3% | -0.3% |
| 3M | 0.1% | +0.3 pts | -0.1% | -0.0% |
| 6M | 3.6% | +0.7 pts | 2.8% | 2.6% |
| 1Y | 4.9% | +1.3 pts | 3.6% | 3.6% |
| 2Y | 5.6% | +1.2 pts | 4.4% | 4.6% |
| 3Y | 6.9% | +0.8 pts | 6.1% | 6.1% |
| 5Y | 6.6% | +1.2 pts | 5.4% | 5.3% |
| 7Y | 5.8% | −0.2 pts | 5.9% | 5.7% |
| 10Y | 5.5% | −0.6 pts | 6.0% | 5.9% |
Since launch (10 Sep 2004): 7.5%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.0% | +0.6 pts | 6.3% |
| 2024 | 8.8% | −0.5 pts | 9.3% |
| 2023 | 6.9% | −0.4 pts | 7.3% |
| 2022 | 6.0% | +2.2 pts | 3.8% |
| 2021 | 4.9% | +0.8 pts | 4.2% |
| 2020 | 9.7% | −0.7 pts | 10.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.22%
Expense ratio as on 24 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.04%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.18%
- Exit load
- Exit load of 0.50% if units in excess of 15% are redeemed or switched-out within 90 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Composite Debt Index A-III
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderately high risk — typically balanced hybrid and index-led equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.45 | 0.49 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.78 | 0.74 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.56 | 3.13 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Aditya Birla Sun Life Dynamic Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt85.3%
- Other14.7%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 15.13% | ₹215 Cr | +1.17% | +0.89% | +0.86% |
| Tata Capital Housing Finance Ltd. | Financial | 5.93% | ₹84.34 Cr | — | — | — |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 5.68% | ₹80.72 Cr | +5.53% | +4.32% | +4.28% |
| Power Finance Corporation Ltd. | Financial | 5.55% | ₹78.89 Cr | +0.70% | +0.55% | +0.55% |
| National Bank For Agriculture & Rural Development | Financial | 5.23% | ₹74.34 Cr | +6.76% | +5.33% | — |
| Adani Airport Holdings Ltd. | Services | 4.93% | ₹70.11 Cr | +4.16% | +3.47% | +3.89% |
| Hinduja Leyland Finance Ltd. | Financial | 4.88% | ₹69.42 Cr | +5.37% | +4.18% | — |
| Jubilant Bevco Ltd. | Consumer Staples | 4.72% | ₹67.08 Cr | +4.48% | +3.46% | +3.27% |
| OXYZO Financial Services Ltd. | Financial | 4.16% | ₹59.19 Cr | +4.05% | — | — |
| Telangana State | Financial | 3.62% | ₹51.49 Cr | +3.50% | — | — |
| Bajaj Housing Finance Ltd. | Financial | 3.54% | ₹50.29 Cr | — | — | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 3.48% | ₹49.45 Cr | +3.37% | — | — |
| Kogta Financial India Ltd. | Financial | 3.14% | ₹44.67 Cr | +3.05% | +2.37% | — |
| Bihar State | Others | 2.11% | ₹30.03 Cr | +2.05% | — | — |
| Assam State | Others | 1.76% | ₹24.98 Cr | +1.69% | — | — |
| Andhra Pradesh State | Financial | 1.66% | ₹23.54 Cr | +1.61% | +2.67% | — |
| GMR Airports Ltd. | Construction | 1.65% | ₹23.46 Cr | +1.58% | +1.22% | +3.03% |
| Vedanta Ltd. | Metals & Mining | 1.42% | ₹20.20 Cr | +2.40% | +1.86% | +1.84% |
| Adani Power Ltd. | Energy | 1.40% | ₹19.88 Cr | +1.36% | +1.06% | — |
| Tamilnadu State | Others | 1.26% | ₹17.90 Cr | +1.22% | +0.01% | — |
| SK Finance Ltd. | Financial | 0.70% | ₹9.99 Cr | +1.03% | +1.33% | +1.31% |
| Rajasthan State | Others | 0.28% | ₹3.97 Cr | +0.27% | +0.34% | — |
| West Bengal State | Others | 0.24% | ₹3.48 Cr | +0.24% | +0.19% | +0.18% |
| Gujarat State | Construction | 0.08% | ₹1.14 Cr | +0.08% | +0.06% | +0.06% |
| Kerala State | Others | 0.07% | ₹0.95 Cr | +4.59% | — | — |
| Uttar Pradesh State | Others | 0.07% | ₹0.93 Cr | +0.06% | +0.05% | +0.05% |
| GOI | Sovereign | 0.02% | ₹0.32 Cr | +0.02% | +0.02% | +0.02% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Tata Capital Housing Finance Ltd. | 1.73% | 5.93% | +4.20% |
| Vedanta Ltd. | 2.44% | 1.42% | -1.02% |
| Adani Airport Holdings Ltd. | 1.99% | 2.99% | +1.01% |
| Hinduja Leyland Finance Ltd. | 5.53% | 4.88% | -0.65% |
| SK Finance Ltd. | 1.04% | 0.70% | -0.34% |
| Jubilant Bevco Ltd. | 4.63% | 4.72% | +0.08% |
| Cholamandalam Investment and Finance Company Ltd. | 5.61% | 5.68% | +0.06% |
| OXYZO Financial Services Ltd. | 4.12% | 4.16% | +0.04% |
| Kogta Financial India Ltd. | 3.11% | 3.14% | +0.04% |
| GMR Airports Ltd. | 1.62% | 1.65% | +0.03% |
| National Bank For Agriculture & Rural Development | 3.46% | 3.48% | +0.03% |
| Small Industries Devp. Bank of India Ltd. | 3.45% | 3.48% | +0.02% |
| Adani Power Ltd. | 1.38% | 1.40% | +0.01% |
| Assam State | 1.74% | 1.76% | +0.01% |
| Others | 0.40% | 0.41% | +0.01% |
| Andhra Pradesh State | 1.66% | 1.66% | -0.01% |
| Telangana State | 3.62% | 3.62% | 0.00% |
| West Bengal State | 0.24% | 0.24% | 0.00% |
| Bajaj Housing Finance Ltd. | 3.54% | 3.54% | 0.00% |
| Power Finance Corporation Ltd. | 0.36% | 0.36% | 0.00% |
| Tamilnadu State | 1.26% | 1.26% | 0.00% |
| Gujarat State | 0.08% | 0.08% | 0.00% |
| Uttar Pradesh State | 0.06% | 0.07% | 0.00% |
| Kerala State | 0.07% | 0.07% | 0.00% |
| Rajasthan State | 0.28% | 0.28% | 0.00% |
| Bihar State | 2.11% | 2.11% | 0.00% |
| GOI | 0.02% | 0.02% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹1,455 Cr | 1.06% | 5.7% | 6.3% | 6.5% |
 Kotak Dynamic Term Fund | ₹2,342 Cr | 1.35% | 5.7% | 6.1% | 6.3% |
 Bandhan Dynamic Term Fund | ₹1,926 Cr | 1.65% | 6.6% | 5.7% | 6.0% |
 Axis Dynamic Term Fund | ₹993 Cr | 0.65% | 5.7% | 6.5% | 6.6% |
 360 ONE Dynamic Term Fund | ₹559 Cr | 0.59% | 4.7% | 6.8% | 7.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to generate optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments.
Fund managers
- Bhupesh BametaMr. Bameta has done B.Tech (IIT Kanpur), CFA Charterholder (CFA Institute, USA)Prior to joining Aditya Birla Sun Life Mutual Fund as an Analyst, Fixed Income. He was the Head of Research in Forex and Rates Desk at Edelweiss Securities Limited, covering global and Indian forex markets and economies. He was also associated with Quant Capital for 6 years as an Economist and was covering Indian and global economy and markets.
- Mohit SharmaMr. Sharma is B Tech (IIT - Madras) and PGDCM (IIM Calcutta).Prior to joining Aditya Birla Sun Life AMC, he ran his own healthcare-tech business (June 2012 - May 2015). he has also worked as an Interest Rates Trader in Standard Chartered Bank (May 2007 - June 2011) and ICICI Bank Ltd (June 2006 - April 2007). He started his career in the Equity Research in Irevna Ltd (June 2005 - June 2006).
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.57% absolute | ₹60,000 | ₹62,142 | 3.57% | |
| 1 year4.87% annualised | ₹1,20,000 | ₹1,23,213 | 2.68% | |
| 3 years6.94% annualised | ₹3,60,000 | ₹4,01,249 | 11.46% | |
| 5 years6.57% annualised | ₹6,00,000 | ₹7,11,893 | 18.65% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.