HDFC Dynamic Debt Fund Direct Plan-Growth

Q: What are the returns of HDFC Dynamic Debt Fund?

The HDFC Dynamic Debt Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.0% since inception. HDFC Dynamic Debt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 11.8% 8.43% 8.07% 7.29% 8.0%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹99.3067+0.03% 1 day change	8.0% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹99.3067 as on Apr 23, 2025

This fund Category average

HDFC Dynamic Debt Fund overview

VRO rating	3
Expense ratio	0.75% as on Mar 31, 2025
Exit load	0% Exit load of 0.50% if redeemed within 3 months!
AUM (Fund size)	₹778 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	NIFTY Composite Debt Index A-III
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HDFC Dynamic Debt Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	2.57%	2.71%
3 months	4.05%	4.19%
6 months	5.65%	5.82%
1 year	11.8%	11.96%
3 years	8.43%	8.48%
5 years	8.07%	7.22%
7 years	7.26%	7.82%
10 years	7.29%	7.85%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 82.11011561%

AAA 12.62%

Cash & Call Money 3.37%

Others 0.28%

Top Debt Holdings

GOI 78.01%

REC Ltd. 3.4%

Gujarat State 3.35%

HDFC Bank Ltd. 3.3%

Allocation by Instruments

GOI Securities 78.01000000000002%

Debenture 8.67%

State Development Loan 4.1001156100000005%

Bonds 3.22%

Other Holdings

Others 1.96%

Indus Infra Trust 1.5%

Embassy Office Parks REIT 0.12%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
HDFC Dynamic Debt Fund	N.A.	₹778 Crs	12 yrs 3 m	0.75%
ICICI Prudential All Seasons Bond Fund	N.A.	₹14,363 Crs	12 yrs 3 m	0.59%
PGIM India Dynamic Bond Fund	N.A.	₹103 Crs	12 yrs 3 m	0.35%
JM Dynamic Bond Fund	N.A.	₹45 Crs	12 yrs 3 m	0.52%
360 ONE Dynamic Bond Fund	N.A.	₹724 Crs	11 yrs 10 m	0.27%
Groww Dynamic Bond Fund	N.A.	₹62 Crs	6 yrs 5 m	0.4518%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HDFC Dynamic Debt Fund	2.57%	5.65%	11.8%	8.43%	8.07%	7.29%
ICICI Prudential All Seasons Bond Fund	2.07%	5.79%	11.24%	8.81%	8.05%	8.9%
PGIM India Dynamic Bond Fund	2.9%	6.25%	12.89%	8.78%	7.25%	8.41%
JM Dynamic Bond Fund	2.82%	6.35%	11.86%	7.91%	6.96%	7.5%
360 ONE Dynamic Bond Fund	2.29%	5.43%	11.23%	7.88%	7.43%	7.42%
Groww Dynamic Bond Fund	2.93%	5.9%	10.87%	7.3%	6.27%	4.42%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HDFC Dynamic Debt Fund	1.89	1.15	0.63	1.11
ICICI Prudential All Seasons Bond Fund	1.39	0.8	1.3	1.81
PGIM India Dynamic Bond Fund	1.83	1.02	0.87	1.93
JM Dynamic Bond Fund	1.66	0.89	0.51	1.02
360 ONE Dynamic Bond Fund	1.85	1.1	0.45	0.68
Groww Dynamic Bond Fund	1.88	1.0	0.04	0.07

View all Dynamic Bond funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.61 vs. 2.59 Underperformed at beating benchmark
Sharpe	0.63 vs. 2.7 Poor risk-adjusted returns
Beta	1.15 vs. 0.95 More sensitive to market's ups & downs
Standard deviation	1.89 vs. 2.32 More stable returns

Compare HDFC Dynamic Debt Fund in detail with

About this fund

About HDFC Dynamic Debt Fund

HDFC Dynamic Debt Fund Direct Plan-Growth is a Dynamic Bond mutual fund scheme from Hdfc Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. HDFC Dynamic Debt Fund Direct Plan-Growth has ₹778 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Dynamic Debt Fund Direct Plan-Growth as of 23/04/2025 is ₹99.31. The fund has an expense ratio of 0.75%, which is higher than what most other Dynamic Bond funds charge.

HDFC Dynamic Debt Fund Direct Plan-Growth returns of last 1-year are 11.75%. Since launch, it has delivered 8.00% average annual returns. The fund has doubled the money invested in it every 10 yrs.
HDFC Dynamic Debt Fund Direct Plan-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, REC Ltd., Gujarat State, HDFC Bank Ltd., State Bank of India.

...

Fund AUM	₹778 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Anil Bamboli

Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI. Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.

Investment objective

The scheme seeks to generate income / capital appreciation by investing in a range of debt and money market instruments.

HDFC Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	₹7,80,967 Crs as on Mar 31, 2025
Address	"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate Mumbai, 400020
Email	shareholders.relations@hdfcfund.com
Phone	022 ? 66316333

More funds from HDFC Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
HDFC Gilt Fund	N.A.	₹2,907 Crs	12.59%	8.35%
HDFC Income Fund	N.A.	₹885 Crs	11.83%	8.29%
HDFC Long Duration Debt Fund	N.A.	₹5,569 Crs	13.76%	N.A.
HDFC Nifty G-Sec July 2031 Index	N.A.	₹695 Crs	12.49%	N.A.
HDFC Medium Term Debt Fund	N.A.	₹3,861 Crs	10.39%	7.85%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Dynamic Debt Fund?

The current Net Asset Value (NAV) of the HDFC Dynamic Debt Fund - Direct Growth plan is approximately ₹99.3067 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The HDFC Dynamic Debt Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.0% since inception.

HDFC Dynamic Debt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
11.8%	8.43%	8.07%	7.29%	8.0%

How much does this mutual fund charge as expense ratio?

The HDFC Dynamic Debt Fund - Direct Growth has an expense ratio of 0.75%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The HDFC Dynamic Debt Fund currently has assets under management (AUM) or fund size valued at approximately ₹778 Crs crore as of Mar 31, 2025.

To whom does HDFC Dynamic Debt Fund lend to?

The top 3 debt holdings of HDFC Dynamic Debt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	78.01%
REC Ltd.	3.4%
Gujarat State	3.35%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The HDFC Dynamic Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	82.11011561%
AAA	12.62%
Cash & Call Money	3.37%

What is risk level of HDFC Dynamic Debt Fund?

This is a Dynamic Bond fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HDFC Dynamic Debt Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HDFC Dynamic Debt Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HDFC Dynamic Debt Fund is complete.

How can I redeem my investments in HDFC Dynamic Debt Fund?

Redeeming your investments in HDFC Dynamic Debt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HDFC Dynamic Debt Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Dynamic Bond

#NA

Return Outperformance: This fund has generated highest return amongst Dynamic Bond funds in the last 5 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.