SBI Dynamic Bond Direct Plan-Growth

Q: What are the returns of SBI Dynamic Bond Fund?

The SBI Dynamic Bond Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.49% since inception. SBI Dynamic Bond Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 12.27% 9.0% 7.21% 8.46% 8.49%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹39.2263+0.07% 1 day change	8.49% p.a.	#NA View Ranked Funds	4

Historical NAV & returns

NAV: ₹39.2263 as on Apr 23, 2025

This fund Category average

SBI Dynamic Bond Fund overview

VRO rating	4
Expense ratio	0.61% as on Mar 31, 2025
Exit load	0.25% For units in excess of 10% of the investment, 0.25% will be charged for redemption within 1 month!
AUM (Fund size)	₹3,410 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	CRISIL Dynamic Bond A-III Index
Min. investment	SIP ₹500 & Lump. ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

SBI Dynamic Bond 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	2.95%	2.71%
3 months	4.39%	4.19%
6 months	5.78%	5.82%
1 year	12.27%	11.96%
3 years	9.0%	8.48%
5 years	7.21%	7.22%
7 years	8.6%	7.82%
10 years	8.46%	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 64.87%

AAA 32.13%

Cash & Call Money 2.73%

Others 0.27%

Top Debt Holdings

GOI 32.34%

Maharashtra State 4.98%

West Bengal State 4.95%

Highways Infrastructure Trust 4.82%

Allocation by Instruments

GOI Securities 32.34%

State Development Loan 25.51%

Debenture 12.6%

Bonds 8.17%

Other Holdings

Others 0.27%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
SBI Dynamic Bond Fund	N.A.	₹3,410 Crs	12 yrs 3 m	0.61%
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
SBI Dynamic Bond Fund	2.95%	5.78%	12.27%	9.0%	7.21%	8.46%
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
SBI Dynamic Bond Fund	2.16	1.22	0.83	1.4
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	1.17 vs. 2.59 Underperformed at beating benchmark
Sharpe	0.83 vs. 2.7 Poor risk-adjusted returns
Beta	1.22 vs. 0.95 More sensitive to market's ups & downs
Standard deviation	2.16 vs. 2.32 More stable returns

Compare SBI Dynamic Bond Fund in detail with

About this fund

About SBI Dynamic Bond Fund

SBI Dynamic Bond Direct Plan-Growth is a Dynamic Bond mutual fund scheme from Sbi Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. SBI Dynamic Bond Direct Plan-Growth has ₹3,410 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 SBI Dynamic Bond Direct Plan-Growth as of 23/04/2025 is ₹39.23. The fund has an expense ratio of 0.61%, which is close to what most other Dynamic Bond funds charge.

SBI Dynamic Bond Direct Plan-Growth returns of last 1-year are 12.17%. Since launch, it has delivered 8.50% average annual returns. The fund has doubled the money invested in it every 9 yrs.
SBI Dynamic Bond Direct Plan-Growth scheme's ability to deliver returns consistently is higher than most funds of its category. Its ability to control losses in a falling market is above 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, Maharashtra State, West Bengal State, Highways Infrastructure Trust, Summit Digitel Infrastructure Pvt. Ltd..

...

Fund AUM	₹3,410 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Rajeev Radhakrishnan

Mr. Radhakrishnan is B.E (Production), MMS (Finance) and CFA. Prior to joining SBI AMC he has worked with UTI Asset Management Company Ltd.

Tejas Soman

Mr. Soman has done B.Com from University of Mumbai and Post Graduate Program in Securities Markets - From ‘NISM’ Prior to joining SBI Mutual Fund, he was associated with Yes Bank Limited, STCI Primary Dealership and PricewaterhouseCoopers

Investment objective

The scheme seeks to provide investors attractive returns through investment in an actively managed portfolio of high quality debt securities of varying maturities.

SBI Mutual Fund details

No. of schemes	67 view all schemes
Total AUM	₹10,76,364 Crs as on Mar 31, 2025
Address	9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai, 400051
Phone	022-61793000 / 1800-425-5425

More funds from SBI Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
SBI Magnum Gilt Fund	N.A.	₹11,489 Crs	12.84%	9.17%
SBI CRISIL IBX Gilt Index - June 2036 Fund	N.A.	₹2,508 Crs	13.43%	N.A.
SBI Magnum Constant Maturity Fund	N.A.	₹1,831 Crs	12.68%	8.59%
SBI Long Duration Fund	N.A.	₹2,982 Crs	13.58%	N.A.
SBI Credit Risk Fund	N.A.	₹2,255 Crs	9.97%	8.33%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of SBI Dynamic Bond Fund?

The current Net Asset Value (NAV) of the SBI Dynamic Bond Fund - Direct Growth plan is approximately ₹39.2263 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The SBI Dynamic Bond Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 8.49% since inception.

SBI Dynamic Bond Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
12.27%	9.0%	7.21%	8.46%	8.49%

How much does this mutual fund charge as expense ratio?

The SBI Dynamic Bond Fund - Direct Growth has an expense ratio of 0.61%, 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 SBI Dynamic Bond Fund currently has assets under management (AUM) or fund size valued at approximately ₹3,410 Crs crore as of Mar 31, 2025.

To whom does SBI Dynamic Bond Fund lend to?

The top 3 debt holdings of SBI Dynamic Bond Fund are as follows

Holding Name	Percentage of Portfolio
GOI	32.34%
Maharashtra State	4.98%
West Bengal State	4.95%

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 SBI Dynamic Bond Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	64.87%
AAA	32.13%
Cash & Call Money	2.73%

What is risk level of SBI Dynamic Bond 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 SBI Dynamic Bond 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 SBI Dynamic Bond 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 SBI Dynamic Bond Fund is complete.

How can I redeem my investments in SBI Dynamic Bond Fund?

Redeeming your investments in SBI Dynamic Bond 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 SBI Dynamic Bond 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 Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Dynamic Bond funds in the last 10 Years.
Age: This is the 2nd oldest Dynamic Bond fund.
Return/Risk: The fund is performing poorly than its category.
Exit Load: For units in excess of 10% of the investment, 0.25% will be charged for redemption within 1 month