HSBC Dynamic Term Fund
- NAV as on 25 Sep 2026
- ₹30.63-0.05%1 day
- Return since launch
- 5.7%
- 52-week range
- ₹29.70 — ₹30.96
- AUM
- ₹121 Cr
HSBC Dynamic Term Fund is a Dynamic Bond debt fund from HSBC Mutual Fund with ₹121 Cr under management, launched in 2006. Over three years it has returned 4.8% a year, against 6.1% for its category. The expense ratio is 0.83% and the SEBI riskometer reading is Moderate.
Performance
HSBC Dynamic Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.1% 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 | 3.0% | −0.5 pts | 3.6% | 3.4% |
| 2Y | 3.6% | −0.4 pts | 3.9% | 4.0% |
| 3Y | 4.8% | −1.3 pts | 6.1% | 5.0% |
| 5Y | 5.5% | +0.1 pts | 5.4% | 5.6% |
| 7Y | 5.3% | −0.4 pts | 5.6% | 5.5% |
| 10Y | 5.7% | −0.4 pts | 6.0% | 5.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.3% | 0.0 pts | -0.3% | -0.3% |
| 3M | -0.3% | −0.2 pts | -0.1% | -0.0% |
| 6M | 2.7% | −0.1 pts | 2.8% | 2.6% |
| 1Y | 3.1% | −0.5 pts | 3.6% | 3.6% |
| 2Y | 4.2% | −0.2 pts | 4.4% | 4.6% |
| 3Y | 6.0% | −0.1 pts | 6.1% | 6.1% |
| 5Y | 5.1% | −0.3 pts | 5.4% | 5.3% |
| 7Y | 5.6% | −0.3 pts | 5.9% | 5.7% |
| 10Y | 5.9% | −0.2 pts | 6.0% | 5.9% |
Since launch (17 Aug 2006): 5.7%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.6% | −0.7 pts | 6.3% |
| 2024 | 8.6% | −0.7 pts | 9.3% |
| 2023 | 6.5% | −0.8 pts | 7.3% |
| 2022 | 2.1% | −1.7 pts | 3.8% |
| 2021 | 2.8% | −1.4 pts | 4.2% |
| 2020 | 10.0% | −0.5 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
0.83%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.68%
- Brokerage
- 0.02%
- Transaction charges
- 0.01%
- Statutory levies
- 0.12%
- Exit load
- Exit load of 0.50% if redeemed within 1 year
- 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 moderate risk — typically medium duration debt and conservative hybrid 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 | 0.14 | 0.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.24 | 0.75 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.84 | 3.02 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
HSBC Dynamic Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt95.4%
- Other4.6%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| GOI | Sovereign | 8.51% | ₹10.31 Cr | +4.03% | +7.61% | +2.42% |
| Power Finance Corporation Ltd. | Financial | 6.38% | ₹7.73 Cr | +6.06% | +9.16% | +7.38% |
| Small Industries Devp. Bank of India Ltd. | Financial | 5.93% | ₹7.18 Cr | +8.02% | +7.56% | +9.19% |
| REC Ltd. | Financial | 5.75% | ₹6.96 Cr | +12.06% | -0.06% | — |
| Others | Others | 5.13% | ₹6.24 Cr | +1.50% | +1.41% | +1.05% |
| Bharti Telecom Ltd. | Communication | 4.28% | ₹5.18 Cr | +4.06% | +3.84% | — |
| National Housing Bank | Financial | 4.26% | ₹5.16 Cr | — | — | — |
| National Bank For Agriculture & Rural Development | Financial | 4.23% | ₹5.12 Cr | +4.08% | +4.09% | +1.27% |
| Indian Railway Finance Corporation Ltd. | Financial | 4.19% | ₹5.07 Cr | — | — | — |
| Maharashtra State | Others | 4.13% | ₹5.00 Cr | +4.01% | +0.33% | — |
| Tamilnadu State | Others | 3.97% | ₹4.81 Cr | — | +3.84% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| REC Ltd. | 5.70% | 0.02% | -5.68% |
| Gujarat State | 4.29% | 0.00% | -4.29% |
| National Bank For Agriculture & Rural Development | 2.46% | 4.23% | +1.77% |
| Maharashtra State | 2.55% | 4.13% | +1.58% |
| Small Industries Devp. Bank of India Ltd. | 5.86% | 5.93% | +0.07% |
| Bharti Telecom Ltd. | 4.22% | 4.28% | +0.06% |
| GOI | 8.45% | 8.51% | +0.06% |
| Power Finance Corporation Ltd. | 6.34% | 6.38% | +0.04% |
| National Housing Bank | 4.23% | 4.26% | +0.03% |
| Indian Railway Finance Corporation Ltd. | 4.18% | 4.19% | +0.01% |
| Tamilnadu State | 3.96% | 3.97% | +0.01% |
| Others | 0.52% | 0.53% | +0.01% |
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 | ₹1,449 Cr | 1.09% | 5.5% | 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% |
 Aditya Birla Sun Life Dynamic Term Fund | ₹1,422 Cr | 1.22% | 4.9% | 6.2% | 6.7% |
 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
he scheme seeks to generate returns in the form of interest income and capital gains, along with high liquidity, commensurate with the current view onthe markets and the interest rate cycle, through active investment in debt and money market instruments.
Fund managers
- Mahesh A ChhabriaMr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
- Shriram RamanathanShriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.Prior to joining HSBC Mutual Fund, he has worked with L&T MF, FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
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 months2.69% absolute | ₹60,000 | ₹61,614 | 2.69% | |
| 1 year3.08% annualised | ₹1,20,000 | ₹1,22,021 | 1.68% | |
| 3 years6.04% annualised | ₹3,60,000 | ₹3,95,578 | 9.88% | |
| 5 years5.14% annualised | ₹6,00,000 | ₹6,85,419 | 14.24% |
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.