Should I invest in HDFC Dynamic Debt Fund?

We don't give personal investment advice. HDFC Dynamic Debt Fund - Growth Option - Direct Plan is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.6%. 5-year CAGR: 6.09%.

HDFC

HDFC Dynamic Debt Fund - Growth Option - Direct Plan

Latest NAV

₹103.4571

As of

17 Jul 2026

3,270 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.08%	-0.03%	-0.06	15 / 24	Q3
1W	-0.23%	-0.12%	-0.11	16 / 24	Q3
2W	-0.22%	-0.10%	-0.12	14 / 24	Q3
1M	+1.51%	+1.01%	+0.50	4 / 24	Q1
3M	+2.66%	+2.20%	+0.46	5 / 24	Q1
6M	+3.83%	+3.35%	+0.48	8 / 24	Q2
YTD	+3.44%	+3.03%	+0.41	10 / 24	Q2
1Y	+4.00%	+4.48%	-0.48	14 / 24	Q3
2Y	+6.42%	+6.78%	-0.36	17 / 24	Q3
3Y	+7.04%	+7.09%	-0.04	15 / 24	Q3
4Y	+7.35%	+7.30%	+0.05	13 / 23	Q3
5Y	+6.09%	+6.53%	-0.44	18 / 22	Q4
7Y	+7.14%	+6.80%	+0.35	8 / 21	Q2
10Y	+6.54%	+7.20%	-0.66	13 / 16	Q4
Inception	+7.58%	+7.59%	-0.02	14 / 24	Q3

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	+3.44%	+3.04%	+0.40	9 / 22
2025	+5.52%	+6.45%	-0.94	16 / 22
2024	+9.31%	+9.50%	-0.19	15 / 22
2023	+7.77%	+7.18%	+0.59	5 / 22
2022	+2.83%	+3.73%	-0.90	15 / 22
2021	+8.13%	+4.80%	+3.33	3 / 21
2020	+9.64%	+9.74%	-0.10	15 / 21
2019	+3.98%	+8.95%	-4.97	19 / 21
2018	+4.67%	+6.33%	-1.66	17 / 19
2017	+2.54%	+4.33%	-1.79	15 / 18
2016	+15.47%	+13.83%	+1.65	6 / 18

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+7.68%

153 windows

min 0.2% · max 19.6%

100% positive

3-Year rolling

+7.46%

129 windows

min 3.2% · max 14.2%

100% positive

5-Year rolling

+7.11%

105 windows

min 5.1% · max 9.5%

100% positive

7-Year rolling

+7.08%

80 windows

min 5.2% · max 9.0%

100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

2.63%

3-year · annualised

Sharpe ratio

0.15

vs risk-free 6.5%

Sortino ratio

0.36

Downside-only deviation

Max drawdown

-2.59%

May 2025 → Aug 2025

% positive months

83.3%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Dynamic Bond Fund

Scheme	Fund house	NAV	As of
Nippon India Dynamic Bond Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹42.3595	17 Jul 2026
SBI Dynamic Bond Fund - DIRECT PLAN - Growth	SBI	₹41.2977	17 Jul 2026
ICICI Prudential All Seasons Bond Fund - Direct Plan - Growth	ICICI Prudential	₹42.4684	17 Jul 2026
BANDHAN Dynamic Bond Fund-Direct Plan-Growth	Bandhan	₹40.1432	17 Jul 2026
Quantum Dynamic Bond Fund - Direct Plan Growth Option	Quantum	₹22.8158	17 Jul 2026
Aditya Birla Sun Life Dynamic Bond Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹52.7806	17 Jul 2026
Franklin India Dynamic Accrual Fund - Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct Growth Plan	Franklin India	₹0.0000	17 Jul 2026
Mirae Asset Dynamic Bond Fund -Direct Plan -Growth	Mirae Asset	₹18.8029	17 Jul 2026
Kotak Dynamic Bond Fund - Growth - Direct	Kotak	₹43.4114	17 Jul 2026
DSP Strategic Bond Fund - Direct Plan - Growth	DSP	₹3,712.7837	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹103.4571
16 Jul 2026	₹103.5449
15 Jul 2026	₹103.3614
14 Jul 2026	₹103.2470
13 Jul 2026	₹103.6368
10 Jul 2026	₹103.6962
9 Jul 2026	₹103.4928
8 Jul 2026	₹103.4335
7 Jul 2026	₹103.7475
6 Jul 2026	₹103.7605

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of HDFC Dynamic Debt Fund - Growth Option - Direct Plan is ₹103.4571. It's a Dynamic Bond Fund from HDFC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

HDFC Dynamic Debt Fund - Growth Option - Direct Plan has NAV history starting from 01 Jan 2013, a track record of about 13 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

HDFC Dynamic Debt Fund - Growth Option - Direct Plan is managed by HDFC. It's classified by AMFI under the 'Dynamic Bond Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HDFC Dynamic Debt Fund - Growth Option - Direct Plan has delivered a absolute return of 4.00% — -0.48 pp behind the Dynamic Bond Fund category average of 4.48%. The fund ranks #14 of 24 in its category — the third (Q3) quartile.

Over the trailing 3-year window, HDFC Dynamic Debt Fund - Growth Option - Direct Plan has delivered a CAGR of 7.04% — -0.04 pp behind the Dynamic Bond Fund category average of 7.09%. The fund ranks #15 of 24 in its category — the third (Q3) quartile.

Over the trailing 5-year window, HDFC Dynamic Debt Fund - Growth Option - Direct Plan has delivered a CAGR of 6.09% — -0.44 pp behind the Dynamic Bond Fund category average of 6.53%. The fund ranks #18 of 22 in its category — the bottom (Q4) quartile.

₹1 lakh invested in HDFC Dynamic Debt Fund - Growth Option - Direct Plan exactly 10 years ago would be worth approximately ₹188,469 today — a multiplier of 1.88×, based on the 10-year CAGR of 6.54%. The category average over the same window would have grown ₹1 lakh to ₹200,492.

A ₹10,000 monthly SIP in HDFC Dynamic Debt Fund - Growth Option - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹710,809 today. That's an XIRR (money-weighted annualised return) of 6.71%.

A ₹10,000 monthly SIP for 10 years in HDFC Dynamic Debt Fund - Growth Option - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,690,424 (multiplier 1.41×). XIRR: 6.66%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HDFC Dynamic Debt Fund - Growth Option - Direct Plan ranks #18 out of 22 funds in the Dynamic Bond Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 6.53%; this fund delivered 6.09%.

The worst peak-to-trough decline HDFC Dynamic Debt Fund - Growth Option - Direct Plan has experienced over the last 5-year window is 2.59% — its NAV fell from a high on 28 May 2025 to a low on 26 Aug 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, HDFC Dynamic Debt Fund - Growth Option - Direct Plan averaged 7.11% (best 9.52%, worst 5.07%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.23 — negative risk-adjusted performance.

In calendar year 2025, HDFC Dynamic Debt Fund - Growth Option - Direct Plan returned 5.52% — lagging the Dynamic Bond Fund category average of 6.45% by 0.94 pp. It ranked #16 of 22 in its category that year.

HDFC Dynamic Debt Fund - Growth Option - Direct Plan is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. HDFC Dynamic Debt Fund - Growth Option - Direct Plan is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.6%. 5-year CAGR: 6.09%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

HDFC Dynamic Debt Fund - Growth Option - Direct Plan

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Dynamic Bond Fund

Recent NAVs

Frequently asked questions

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