HDFC Dynamic Debt Fund Direct Plan-Growth

Q: What are the returns of this mutual fund scheme?

The HDFC Dynamic Debt Fund Direct Plan-Growth is a 12 yrs 9 m old fund and has delivered average annual returns of 7.72% since inception. HDFC Dynamic Debt Fund Direct Plan-Growth Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.35% 7.95% 6.96% 6.96% 7.72%

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹100.0299+0.1% 1 day change	7.72% p.a.	App exclusive #NA View Ranked Funds	₹783 Cr

Historical NAV & returns

NAV: ₹100.0299 as on Oct 20, 2025

This fund Category average

HDFC Dynamic Debt Fund overview

Expense ratio	0.75% as on Sep 30, 2025
Exit load	0%
AUM (Fund size)	₹783 Cr
Lock-in Period	Nil
Age	12 yrs 9 m since Jan 01, 2013
Benchmark	NIFTY Composite Debt Index A-III
Min. investment	SIP: ₹500 & Lumpsum: ₹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 Oct 25, 2025

Period	This fund	Category average
1 Month	0.95%	0.83%
3 Months	0.37%	0.7%
6 Months	0.78%	1.38%
1 Year	6.35%	7.19%
2 Years	8.35%	8.83%
3 Years	7.95%	8.17%
4 Years	6.45%	6.8%
5 Years	6.96%	6.33%
7 Years	7.09%	7.57%
10 Years	6.96%	7.53%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

SOV 82.61011493%

AAA 12.52%

Cash & Call Money 2.98%

Others 0.3%

Top Debt Holdings

GOI 74.11%

REC Ltd. 3.38%

HDFC Bank Ltd. 3.28%

Gujarat State 3.26%

Allocation by Instruments

GOI Securities 74.11000000000001%

Debenture 8.63%

State Development Loan 8.50011493%

Bonds 3.17%

Other Holdings

Others 2.21%

Indus Infra Trust 1.59%

Detailed portfolio analysis

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

Alpha	0.19 vs. 2.7 Underperformed at beating benchmark
Sharpe	0.46 vs. 2.82 Poor risk-adjusted returns
Beta	1.47 vs. 1.04 More sensitive to market's ups & downs
Standard deviation	2.52 vs. 2.41 More volatile performance

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 9 m, having been launched on 01/01/2013. HDFC Dynamic Debt Fund Direct Plan-Growth has ₹783 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HDFC Dynamic Debt Fund Direct Plan-Growth as of 20/10/2025 is ₹100.03. 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 6.47%. Since launch, it has delivered 7.75% 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 below 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 similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in GOI, REC Ltd., HDFC Bank Ltd., Gujarat State, State Bank of India.

...

Fund AUM	783 Cr as on Sep 30, 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	78 view all schemes
Total AUM	8,93,028 Cr as on Sep 30, 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	1Y	3Y
HDFC Income Plus Arbitrage Active FoF	N.A.	1,725 Cr	2.24%	13.38%
HDFC Nifty G-Sec July 2031 Index	N.A.	677 Cr	8.96%	N.A.
HDFC Nifty G-Sec Sep 2032 Index	N.A.	654 Cr	8.65%	N.A.
HDFC Medium Term Debt Fund	N.A.	3,842 Cr	8.49%	8.41%
HDFC Credit Risk Debt Fund	N.A.	6,918 Cr	8.69%	8.39%
HDFC Short Term Debt Fund	N.A.	17,622 Cr	8.53%	8.28%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HDFC Dynamic Debt Fund Direct Plan-Growth?

The current Net Asset Value (NAV) of the HDFC Dynamic Debt Fund - Direct Growth plan is approximately ₹100.0299 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The HDFC Dynamic Debt Fund Direct Plan-Growth is a 12 yrs 9 m old fund and has delivered average annual returns of 7.72% since inception.

HDFC Dynamic Debt Fund Direct Plan-Growth Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.35%	7.95%	6.96%	6.96%	7.72%

How much does this mutual fund charge as expense ratio?

The HDFC Dynamic Debt Fund - Direct Growth has an expense ratio of 0.75%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 783 Cr as on Sep 30, 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	74.11%
REC Ltd.	3.38%
HDFC Bank Ltd.	3.28%

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	82.61011493%
AAA	12.52%
Cash & Call Money	2.98%

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 Direct Plan-Growth?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

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 - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the HDFC Dynamic Debt Fund is complete.

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

Redeeming your investments in the HDFC Dynamic Debt Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

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.