ICICI Prudential Dynamic Term Fund
Dynamic BondModerately HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹39.09-0.24%1 day
- Return since launch
- 8.5%
- 52-week range
- ₹37.35 — ₹39.38
- AUM
- ₹13,163 Cr
ICICI Prudential Dynamic Term Fund is a Dynamic Bond debt fund from ICICI Prudential Mutual Fund with ₹13,163 Cr under management, launched in 2009. Over three years it has returned 6.1% a year, against 6.1% 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 +4.6% against +3.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.5% | +0.9 pts | 3.6% | 3.5% |
| 2Y | 5.2% | +1.3 pts | 4.0% | 4.0% |
| 3Y | 6.1% | 0.0 pts | 6.1% | 5.1% |
| 5Y | 6.6% | +1.2 pts | 5.4% | 5.6% |
| 7Y | 6.5% | +0.9 pts | 5.7% | 5.5% |
| 10Y | 6.9% | +0.8 pts | 6.1% | 5.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.4% | 0.0 pts | -0.4% | -0.3% |
| 3M | 0.4% | +0.3 pts | 0.1% | 0.2% |
| 6M | 3.2% | +0.6 pts | 2.6% | 2.5% |
| 1Y | 4.6% | +0.9 pts | 3.6% | 3.7% |
| 2Y | 6.1% | +1.5 pts | 4.5% | 4.6% |
| 3Y | 6.8% | +0.7 pts | 6.1% | 6.1% |
| 5Y | 6.2% | +0.8 pts | 5.4% | 5.3% |
| 7Y | 7.1% | +1.2 pts | 5.9% | 5.8% |
| 10Y | 7.2% | +1.1 pts | 6.1% | 6.0% |
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
1.32%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.13%
- 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 | 0.57 | 0.48 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.74 | 0.75 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.03 | 3.02 | 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 31 Aug 2026
Asset allocation
- Debt94.0%
- Other6.0%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| LIC Housing Finance Ltd. | Financial | 7.13% | ₹939 Cr | +6.80% | +6.37% | +6.43% |
| GOI | Sovereign | 5.53% | ₹728 Cr | +0.28% | +0.26% | +15.17% |
| Others | Others | 3.44% | ₹453 Cr | +1.57% | +1.44% | +1.39% |
| Vedanta Ltd. | Metals & Mining | 3.05% | ₹401 Cr | +2.91% | +2.71% | +2.71% |
| Muthoot Finance Ltd. | Financial | 3.03% | ₹399 Cr | +1.46% | +0.41% | +1.37% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 2.20% | ₹289 Cr | +2.20% | +2.06% | +2.07% |
| Madhya Pradesh State | Others | 1.83% | ₹241 Cr | +1.73% | +1.64% | +1.65% |
| Rajasthan State | Others | 1.80% | ₹237 Cr | +1.71% | +1.61% | +1.63% |
| Godrej Properties Ltd. | Construction | 1.52% | ₹201 Cr | +1.46% | +1.37% | +1.37% |
| Adani Enterprises Ltd. | Services | 1.52% | ₹200 Cr | +1.44% | +1.34% | — |
| Tata Projects Ltd. | Construction | 1.52% | ₹200 Cr | +1.45% | +1.35% | +1.36% |
| Oberoi Realty Ltd. | Construction | 1.51% | ₹199 Cr | +1.45% | +1.36% | +1.37% |
| JTPM Metal Traders Ltd. | Metals & Mining | 1.31% | ₹172 Cr | +1.22% | +1.13% | — |
| Truhome Finance Ltd. | Financial | 1.12% | ₹147 Cr | — | — | — |
| Uttar Pradesh State | Others | 1.12% | ₹147 Cr | +1.06% | +1.00% | — |
| Motilal Oswal Finevest Ltd. | Financial | 0.95% | ₹126 Cr | +0.91% | +0.85% | +0.67% |
| Lodha Developers Ltd. | Construction | 0.95% | ₹125 Cr | +0.91% | +0.84% | +0.85% |
| Manappuram Finance Ltd. | Financial | 0.95% | ₹125 Cr | +0.73% | +0.68% | +0.75% |
| Karnataka State | Others | 0.82% | ₹108 Cr | +0.77% | +0.73% | +0.73% |
| Chhattisgarh State | Others | 0.82% | ₹107 Cr | +0.78% | +0.74% | +0.74% |
| Aptus Value Housing Finance India Ltd. | Financial | 0.76% | ₹100 Cr | +0.73% | +0.68% | +0.84% |
| Indostar Capital Finance Ltd. | Financial | 0.76% | ₹100 Cr | +0.73% | +0.68% | +0.67% |
| TMF Holdings Ltd. | Financial | 0.76% | ₹100.00 Cr | +0.72% | +0.67% | +0.67% |
| 360 ONE Wealth Ltd. | Financial | 0.76% | ₹99.55 Cr | +0.72% | +0.34% | +0.34% |
| Adani Power Ltd. | Energy | 0.76% | ₹99.43 Cr | +0.72% | +0.67% | — |
| Himachal Pradesh State | Others | 0.75% | ₹98.52 Cr | +0.71% | +0.67% | +0.68% |
| National Bank For Agriculture & Rural Development | Financial | 0.74% | ₹97.45 Cr | +0.02% | +0.01% | +0.01% |
| TVS Credit Services Ltd. | Financial | 0.62% | ₹81.04 Cr | +0.59% | +0.56% | +0.56% |
| company:17814 | Financial | 0.57% | ₹74.88 Cr | — | — | — |
| Aadhar Housing Finance Ltd | Financial | 0.57% | ₹74.62 Cr | +1.01% | +0.95% | +0.95% |
| Hampi Expressways Pvt Ltd. | Others | 0.45% | ₹59.08 Cr | +0.43% | +0.40% | +0.40% |
| Telangana State | Financial | 0.39% | ₹51.15 Cr | +0.37% | +0.35% | +0.35% |
| Bihar State | Others | 0.38% | ₹50.62 Cr | +0.37% | +0.35% | — |
| Motilal Oswal Home Finance Ltd. | Financial | 0.38% | ₹50.04 Cr | +0.36% | +0.34% | +0.34% |
| Haryana State | Others | 0.37% | ₹49.35 Cr | +0.35% | +0.34% | +0.33% |
| Andhra Pradesh State | Financial | 0.28% | ₹36.84 Cr | +0.27% | +0.25% | — |
| Aavas Financiers Ltd. | Financial | 0.26% | ₹33.99 Cr | +0.25% | +0.23% | +0.23% |
| West Bengal State | Others | 0.25% | ₹33.52 Cr | +0.24% | +0.23% | +0.23% |
| Gujarat State | Construction | 0.24% | ₹31.75 Cr | +0.23% | +0.22% | — |
| JM Financial Credit Solutions Ltd. | Financial | 0.19% | ₹25.06 Cr | +0.18% | — | — |
| Bahadur Chand Investments Pvt. Ltd. | Financial | 0.19% | ₹24.99 Cr | +0.18% | +0.17% | +0.17% |
| Sansar Trust | Others | 0.16% | ₹21.42 Cr | +0.21% | +0.25% | +0.38% |
| Eris Lifesciences Ltd. | Healthcare | 0.16% | ₹20.55 Cr | +0.15% | +0.14% | +0.69% |
| Sheela Foam Ltd. | Consumer Discretionary | 0.15% | ₹20.01 Cr | +0.15% | +0.13% | +0.14% |
| Godrej Seeds & Genetics Ltd. | Consumer Staples | 0.15% | ₹19.73 Cr | +0.14% | +0.13% | +0.13% |
| Phoenix ARC Pvt Ltd. | Diversified | 0.12% | ₹16.40 Cr | +0.12% | +0.11% | — |
| Odisha State | Financial | 0.12% | ₹15.43 Cr | +0.11% | +0.11% | — |
| Maharashtra State | Others | 0.10% | ₹12.78 Cr | +0.09% | +0.06% | +1.96% |
| JM Financial Products Ltd. | Financial | 0.09% | ₹12.35 Cr | +0.18% | +0.42% | +0.14% |
| REC Ltd. | Financial | 0.04% | ₹5.13 Cr | +0.04% | +0.04% | +0.04% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:17814 | 0.00% | 0.57% | +0.57% |
| Ess Kay Fincorp Ltd. | 0.38% | 0.00% | -0.38% |
| JM Financial Products Ltd. | 0.19% | 0.09% | -0.09% |
| LIC Housing Finance Ltd. | 7.09% | 7.13% | +0.04% |
| Vedanta Ltd. | 3.03% | 3.05% | +0.02% |
| Sansar Trust | 0.18% | 0.16% | -0.02% |
| JTPM Metal Traders Ltd. | 1.30% | 1.31% | +0.01% |
| Adani Enterprises Ltd. | 1.51% | 1.52% | +0.01% |
| Tata Projects Ltd. | 1.51% | 1.52% | +0.01% |
| Lodha Developers Ltd. | 0.95% | 0.95% | +0.01% |
| Cholamandalam Investment and Finance Company Ltd. | 1.14% | 1.15% | +0.01% |
| Madhya Pradesh State | 1.83% | 1.83% | +0.01% |
| TMF Holdings Ltd. | 0.75% | 0.76% | +0.01% |
| Aptus Value Housing Finance India Ltd. | 0.76% | 0.76% | +0.01% |
| Godrej Properties Ltd. | 1.52% | 1.52% | +0.01% |
| Indostar Capital Finance Ltd. | 0.76% | 0.76% | +0.01% |
| Manappuram Finance Ltd. | 0.94% | 0.95% | 0.00% |
| Hampi Expressways Pvt Ltd. | 0.44% | 0.45% | 0.00% |
| Adani Power Ltd. | 0.75% | 0.76% | 0.00% |
| Chhattisgarh State | 0.82% | 0.82% | 0.00% |
| Motilal Oswal Finevest Ltd. | 0.95% | 0.95% | 0.00% |
| Muthoot Finance Ltd. | 2.26% | 2.27% | 0.00% |
| Others | 0.33% | 0.33% | 0.00% |
| 360 ONE Wealth Ltd. | 0.75% | 0.76% | 0.00% |
| Rajasthan State | 1.80% | 1.80% | 0.00% |
| Oberoi Realty Ltd. | 1.51% | 1.51% | 0.00% |
| Motilal Oswal Home Finance Ltd. | 0.38% | 0.38% | 0.00% |
| Truhome Finance Ltd. | 1.12% | 1.12% | 0.00% |
| Aadhar Housing Finance Ltd | 0.53% | 0.53% | 0.00% |
| Andhra Pradesh State | 0.28% | 0.28% | 0.00% |
| Aavas Financiers Ltd. | 0.26% | 0.26% | 0.00% |
| Uttar Pradesh State | 1.12% | 1.12% | 0.00% |
| TVS Credit Services Ltd. | 0.61% | 0.62% | 0.00% |
| Bihar State | 0.39% | 0.38% | 0.00% |
| West Bengal State | 0.26% | 0.25% | 0.00% |
| Himachal Pradesh State | 0.75% | 0.75% | 0.00% |
| GOI | 0.14% | 0.15% | 0.00% |
| Telangana State | 0.39% | 0.39% | 0.00% |
| Bahadur Chand Investments Pvt. Ltd. | 0.19% | 0.19% | 0.00% |
| Sheela Foam Ltd. | 0.15% | 0.15% | 0.00% |
| JM Financial Credit Solutions Ltd. | 0.19% | 0.19% | 0.00% |
| Eris Lifesciences Ltd. | 0.15% | 0.16% | 0.00% |
| Maharashtra State | 0.10% | 0.10% | 0.00% |
| Godrej Seeds & Genetics Ltd. | 0.15% | 0.15% | 0.00% |
| Karnataka State | 0.82% | 0.82% | 0.00% |
| Phoenix ARC Pvt Ltd. | 0.12% | 0.12% | 0.00% |
| Haryana State | 0.37% | 0.37% | 0.00% |
| Odisha State | 0.12% | 0.12% | 0.00% |
| Gujarat State | 0.24% | 0.24% | 0.00% |
| REC Ltd. | 0.04% | 0.04% | 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 | ₹1,449 Cr | 1.09% | 5.6% | 6.3% | 6.6% |
 Kotak Dynamic Term Fund | ₹2,342 Cr | 1.35% | 6.0% | 6.2% | 6.4% |
 Bandhan Dynamic Term Fund | ₹1,926 Cr | 1.65% | 6.7% | 5.7% | 6.0% |
 Aditya Birla Sun Life Dynamic Term Fund | ₹1,422 Cr | 1.22% | 5.1% | 6.3% | 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% | 4.8% | 6.9% | 7.1% |
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 months3.20% absolute | ₹60,000 | ₹61,920 | 3.20% | |
| 1 year4.58% annualised | ₹1,20,000 | ₹1,23,019 | 2.52% | |
| 3 years6.85% annualised | ₹3,60,000 | ₹4,00,677 | 11.30% | |
| 5 years6.24% annualised | ₹6,00,000 | ₹7,05,671 | 17.61% |
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 ₹39.09 as on 24 Sep 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 4.5% over 1 year, 6.1% over 3 years and 6.6% 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 ₹11,76,218 Cr under management.