ICICI Prudential Dynamic Term Fund
Dynamic BondModerately HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹39.20-0.11%1 day
- Return since launch
- 8.5%
- 52-week range
- ₹37.62 — ₹39.38
- AUM
- ₹12,441 Cr
ICICI Prudential Dynamic Term Fund is a Dynamic Bond debt fund from ICICI Prudential Mutual Fund with ₹12,441 Cr under management, launched in 2009. Over three years it has returned 5.7% a year, against 6.2% for its category. The expense ratio is 1.32% and the SEBI riskometer reading is Moderately High.
Performance
ICICI Prudential Dynamic Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.1% against +3.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.2% | +1.0 pts | 3.1% | 3.6% |
| 2Y | 4.8% | +1.1 pts | 3.7% | 3.9% |
| 3Y | 5.7% | −0.5 pts | 6.2% | 4.9% |
| 5Y | 6.4% | +1.0 pts | 5.4% | 5.6% |
| 7Y | 6.4% | +0.8 pts | 5.6% | 5.5% |
| 10Y | 6.8% | +0.8 pts | 6.0% | 5.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 1.0% | +0.1 pts | 0.9% | 0.9% |
| 3M | -0.2% | +0.1 pts | -0.3% | -0.0% |
| 6M | 2.7% | +0.4 pts | 2.4% | 2.3% |
| 1Y | 4.1% | +1.0 pts | 3.1% | 3.2% |
| 2Y | 5.8% | +1.2 pts | 4.6% | 4.8% |
| 3Y | 6.7% | +0.5 pts | 6.2% | 6.2% |
| 5Y | 6.2% | +0.8 pts | 5.4% | 5.4% |
| 7Y | 7.0% | +1.1 pts | 5.8% | 5.7% |
| 10Y | 7.0% | +1.1 pts | 6.0% | 5.9% |
Since launch (4 May 2009): 8.5%
Calendar-year returns
Category average11.8%
4.3%
4.5%
7.6%
8.1%
7.2%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.2% | +0.8 pts | 6.3% |
| 2024 | 8.1% | −1.2 pts | 9.3% |
| 2023 | 7.6% | +0.3 pts | 7.3% |
| 2022 | 4.5% | +0.8 pts | 3.8% |
| 2021 | 4.3% | +0.1 pts | 4.2% |
| 2020 | 11.8% | +1.3 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
1.30%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.11%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.19%
- Exit load
- Exit load of 0.25% if redeemed within 1 month
- 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.
Moderately High
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 | 0.30 | 0.38 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.38 | 0.64 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.24 | 3.07 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
ICICI Prudential Dynamic Term Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt103.5%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| LIC Housing Finance Ltd. | Financial | 7.29% | ₹937 Cr | +6.96% | +6.70% | +6.37% |
| Others | Others | 4.33% | ₹557 Cr | +1.28% | +1.22% | +1.11% |
| Muthoot Finance Ltd. | Financial | 3.11% | ₹400 Cr | +1.49% | +0.43% | +1.35% |
| Vedanta Ltd. | Metals & Mining | 2.34% | ₹301 Cr | +2.97% | +2.86% | +2.69% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.23% | ₹287 Cr | +2.27% | +2.17% | +2.07% |
| Madhya Pradesh State | Others | 1.83% | ₹236 Cr | +1.80% | +1.69% | +1.66% |
| Rajasthan State | Others | 1.80% | ₹232 Cr | +1.77% | +1.66% | +1.63% |
| Godrej Properties Ltd. | Construction | 1.56% | ₹200 Cr | +1.49% | +1.44% | +1.36% |
| Tata Projects Ltd. | Construction | 1.55% | ₹200 Cr | +1.48% | +1.43% | +1.35% |
| Adani Enterprises Ltd. | Services | 1.55% | ₹200 Cr | +1.48% | +1.41% | — |
| Oberoi Realty Ltd. | Construction | 1.55% | ₹199 Cr | +1.49% | +1.43% | +1.36% |
| GOI | Sovereign | 1.34% | ₹173 Cr | +3.02% | +0.14% | +0.16% |
| JTPM Metal Traders Ltd. | Metals & Mining | 1.34% | ₹173 Cr | +1.27% | +1.19% | +1.08% |
| Truhome Finance Ltd. | Financial | 1.16% | ₹150 Cr | +1.10% | — | — |
| Uttar Pradesh State | Others | 1.13% | ₹145 Cr | +1.09% | +1.04% | — |
| Motilal Oswal Finevest Ltd. | Financial | 0.98% | ₹125 Cr | +0.93% | +0.90% | +1.00% |
| Lodha Developers Ltd. | Construction | 0.97% | ₹125 Cr | +0.93% | +0.89% | +0.84% |
| Manappuram Finance Ltd. | Financial | 0.97% | ₹124 Cr | +0.93% | +0.71% | +0.74% |
| Karnataka State | Others | 0.82% | ₹106 Cr | +0.80% | +0.76% | +0.73% |
| Chhattisgarh State | Others | 0.82% | ₹106 Cr | +0.80% | +0.76% | +0.74% |
| Eris Lifesciences Ltd. | Healthcare | 0.81% | ₹105 Cr | +0.15% | +0.15% | +0.68% |
| Aptus Value Housing Finance India Ltd. | Financial | 0.78% | ₹100 Cr | +0.74% | +0.72% | +0.83% |
| Indostar Capital Finance Ltd. | Financial | 0.78% | ₹100 Cr | +0.74% | +0.72% | +0.67% |
| Adani Power Ltd. | Energy | 0.77% | ₹99.58 Cr | +0.74% | +0.71% | — |
| 360 ONE Wealth Ltd. | Financial | 0.77% | ₹99.52 Cr | +0.30% | +0.36% | +0.34% |
| Himachal Pradesh State | Others | 0.75% | ₹96.73 Cr | +0.74% | +0.70% | +0.68% |
| TVS Credit Services Ltd. | Financial | 0.63% | ₹80.81 Cr | +0.60% | +0.58% | +0.55% |
| Nuvama Wealth Finance Ltd. | Financial | 0.58% | ₹74.97 Cr | — | — | — |
| Aadhar Housing Finance Ltd | Financial | 0.58% | ₹74.38 Cr | +1.04% | +1.00% | +0.95% |
| Telangana State | Financial | 0.47% | ₹60.59 Cr | +0.38% | +0.36% | +0.35% |
| Hampi Expressways Pvt Ltd. | Others | 0.46% | ₹58.73 Cr | +0.44% | +0.42% | +0.40% |
| Motilal Oswal Home Finance Ltd. | Financial | 0.39% | ₹50.00 Cr | +0.37% | +0.36% | +0.34% |
| Bihar State | Others | 0.39% | ₹49.90 Cr | +0.38% | +0.36% | +0.04% |
| Haryana State | Others | 0.38% | ₹48.35 Cr | +0.37% | +0.35% | +0.33% |
| Andhra Pradesh State | Financial | 0.28% | ₹36.26 Cr | +0.28% | +0.26% | +0.25% |
| Aavas Financiers Ltd. | Financial | 0.26% | ₹34.00 Cr | +0.25% | +0.24% | +0.23% |
| West Bengal State | Others | 0.26% | ₹32.95 Cr | +0.25% | +0.24% | +0.23% |
| Gujarat State | Construction | 0.24% | ₹31.24 Cr | +0.24% | +0.23% | — |
| Bahadur Chand Investments Pvt. Ltd. | Financial | 0.19% | ₹25.05 Cr | +0.19% | +0.18% | +0.17% |
| Sheela Foam Ltd. | Consumer Discretionary | 0.16% | ₹20.00 Cr | +0.15% | +0.14% | +0.13% |
| Godrej Seeds & Genetics Ltd. | Consumer Staples | 0.15% | ₹19.69 Cr | +0.15% | +0.14% | +0.13% |
| Sansar Trust | Others | 0.15% | ₹19.20 Cr | +0.19% | +0.24% | +0.36% |
| Phoenix ARC Pvt Ltd. | Diversified | 0.13% | ₹16.35 Cr | +0.12% | +0.12% | — |
| Odisha State | Financial | 0.12% | ₹15.16 Cr | +0.12% | +0.11% | +0.17% |
| Maharashtra State | Others | 0.10% | ₹12.61 Cr | +0.10% | +0.06% | +0.09% |
| JM Financial Products Ltd. | Financial | 0.10% | ₹12.35 Cr | +0.18% | +0.44% | +0.13% |
| REC Ltd. | Financial | 0.04% | ₹5.11 Cr | +0.04% | +0.07% | +0.04% |
| National Bank For Agriculture & Rural Development | Financial | 0.01% | ₹1.04 Cr | +0.01% | +0.01% | +0.01% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| GOI | 0.15% | 1.34% | +1.20% |
| company:8878 | 0.76% | 0.00% | -0.76% |
| Vedanta Ltd. | 3.05% | 2.34% | -0.71% |
| Eris Lifesciences Ltd. | 0.16% | 0.81% | +0.66% |
| company:6435 | 0.19% | 0.00% | -0.19% |
| LIC Housing Finance Ltd. | 7.13% | 7.29% | +0.16% |
| Telangana State | 0.39% | 0.47% | +0.08% |
| Muthoot Finance Ltd. | 2.27% | 2.33% | +0.07% |
| Truhome Finance Ltd. | 1.12% | 1.16% | +0.04% |
| Tata Projects Ltd. | 1.52% | 1.55% | +0.04% |
| Godrej Properties Ltd. | 1.52% | 1.56% | +0.03% |
| JTPM Metal Traders Ltd. | 1.31% | 1.34% | +0.03% |
| Oberoi Realty Ltd. | 1.51% | 1.55% | +0.03% |
| Adani Enterprises Ltd. | 1.52% | 1.55% | +0.03% |
| Motilal Oswal Finevest Ltd. | 0.95% | 0.98% | +0.02% |
| Lodha Developers Ltd. | 0.95% | 0.97% | +0.02% |
| Manappuram Finance Ltd. | 0.95% | 0.97% | +0.02% |
| Cholamandalam Investment and Finance Company Ltd. | 1.15% | 1.17% | +0.02% |
| Adani Power Ltd. | 0.76% | 0.77% | +0.02% |
| Indostar Capital Finance Ltd. | 0.76% | 0.78% | +0.02% |
| 360 ONE Wealth Ltd. | 0.76% | 0.77% | +0.02% |
| Aptus Value Housing Finance India Ltd. | 0.76% | 0.78% | +0.02% |
| Nuvama Wealth Finance Ltd. | 0.57% | 0.58% | +0.01% |
| Sansar Trust | 0.16% | 0.15% | -0.01% |
| TVS Credit Services Ltd. | 0.62% | 0.63% | +0.01% |
| Aadhar Housing Finance Ltd | 0.53% | 0.54% | +0.01% |
| Uttar Pradesh State | 1.12% | 1.13% | +0.01% |
| Others | 0.33% | 0.34% | +0.01% |
| Motilal Oswal Home Finance Ltd. | 0.38% | 0.39% | +0.01% |
| Hampi Expressways Pvt Ltd. | 0.45% | 0.46% | +0.01% |
| Chhattisgarh State | 0.82% | 0.82% | +0.01% |
| Aavas Financiers Ltd. | 0.26% | 0.26% | +0.01% |
| Karnataka State | 0.82% | 0.82% | +0.01% |
| Bahadur Chand Investments Pvt. Ltd. | 0.19% | 0.19% | 0.00% |
| Rajasthan State | 1.80% | 1.80% | 0.00% |
| Sheela Foam Ltd. | 0.15% | 0.16% | 0.00% |
| Himachal Pradesh State | 0.75% | 0.75% | 0.00% |
| Bihar State | 0.38% | 0.39% | 0.00% |
| Godrej Seeds & Genetics Ltd. | 0.15% | 0.15% | 0.00% |
| Phoenix ARC Pvt Ltd. | 0.12% | 0.13% | 0.00% |
| JM Financial Products Ltd. | 0.09% | 0.10% | 0.00% |
| Andhra Pradesh State | 0.28% | 0.28% | 0.00% |
| Gujarat State | 0.24% | 0.24% | 0.00% |
| Madhya Pradesh State | 1.83% | 1.83% | 0.00% |
| West Bengal State | 0.25% | 0.26% | 0.00% |
| Haryana State | 0.37% | 0.38% | 0.00% |
| Maharashtra State | 0.10% | 0.10% | 0.00% |
| REC Ltd. | 0.04% | 0.04% | 0.00% |
| Odisha State | 0.12% | 0.12% | 0.00% |
| National Bank For Agriculture & Rural Development | 0.01% | 0.01% | 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 | ₹1,961 Cr | 1.25% | 5.5% | 5.9% | 6.4% |
 SBI Dynamic Term Fund | ₹3,457 Cr | 1.37% | 4.8% | 5.5% | 6.2% |
 Kotak Dynamic Term Fund | ₹2,168 Cr | 1.35% | 5.7% | 5.9% | 6.3% |
 Bandhan Dynamic Term Fund | ₹1,892 Cr | 1.65% | 6.0% | 5.5% | 5.9% |
 Aditya Birla Sun Life Dynamic Term Fund | ₹1,340 Cr | 1.22% | 5.0% | 6.1% | 6.7% |
 Axis Dynamic Term Fund | ₹949 Cr | 0.64% | 5.9% | 6.5% | 6.7% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate income through investments in a range of debt instruments and money market instruments and the plan aims to maintain the optimum balance of yield , safety and liquidity.
Fund managers
- Manish BanthiaMr. Banthia is B.Com, CA and MBAHe is associated with ICICI Prudential Asset Management Company since Oct 2005, ICICI Prudential AMC - Fixed Income Investments - Aug 2007 to Oct 2009, ICICI Prudential AMC - New Product Development - Oct 2005 to Jul 2007, Aditya Birla Nuvo Ltd. - From May 2005 to Oct 2005, Aditya Birla Management Corporation Ltd. - From May 2004 to May 2005.
- Nikhil KabraMr. Kabra is a B.Com and Chartered Accountant.Prior to joining ICICI Prudential AMC from September 25, 2013 he was associated with Sumedha Fiscal Services Limited from October 2012 to September 2013 and Haribhakti & Co. from September 2010 to October 2012.
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 months2.74% absolute | ₹60,000 | ₹61,644 | 2.74% | |
| 1 year4.12% annualised | ₹1,20,000 | ₹1,22,712 | 2.26% | |
| 3 years6.71% annualised | ₹3,60,000 | ₹3,99,790 | 11.05% | |
| 5 years6.22% annualised | ₹6,00,000 | ₹7,05,296 | 17.55% |
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.
What is the NAV of ICICI Prudential Dynamic Term Fund?
The NAV of ICICI Prudential Dynamic Term Fund is ₹39.20 as on 9 Nov 2026.
What is the expense ratio of ICICI Prudential Dynamic Term Fund?
The expense ratio of ICICI Prudential Dynamic Term Fund is 1.32% per year.
What is the minimum SIP amount for ICICI Prudential Dynamic Term Fund?
You can start a SIP in ICICI Prudential Dynamic Term Fund with ₹3,000 a month.
What returns has ICICI Prudential Dynamic Term Fund given?
ICICI Prudential Dynamic Term Fund has returned 4.2% over 1 year, 5.7% over 3 years and 6.4% over 5 years (annualised).
Is there a lock-in or exit load on ICICI Prudential Dynamic Term Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 1 month.
How risky is ICICI Prudential Dynamic Term Fund?
ICICI Prudential Dynamic Term Fund is rated Moderately High on the SEBI riskometer and belongs to the Dynamic Bond category.
Which fund house manages ICICI Prudential Dynamic Term Fund?
ICICI Prudential Dynamic Term Fund is managed by ICICI Prudential Mutual Fund, which runs 109 schemes with ₹12,20,481 Cr under management.