Should I invest in HDFC Dynamic Debt Fund - Half Yearly IDCW?

We don't give personal investment advice. HDFC Dynamic Debt Fund - Half Yearly IDCW - 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: 4.6%. 5-year CAGR: 1.83%.

HDFC

HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan

Latest NAV

₹13.6543

As of

3 Jun 2026

3,239 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	+0.05%	+17.32%	-17.27	29 / 68	Q2
1W	+0.10%	+14.16%	-14.06	51 / 70	Q3
2W	+0.52%	+15.97%	-15.45	19 / 69	Q2
1M	-0.04%	+15.90%	-15.94	52 / 69	Q4
3M	-1.34%	+15.94%	-17.29	60 / 69	Q4
6M	+0.14%	+17.09%	-16.94	43 / 69	Q3
YTD	-0.44%	+15.85%	-16.28	53 / 69	Q4
1Y	-2.72%	+18.41%	-21.13	56 / 69	Q4
2Y	+0.93%	+7.92%	-6.99	39 / 68	Q3
3Y	+0.73%	+2.85%	-2.12	33 / 63	Q3
4Y	+1.58%	+3.41%	-1.83	39 / 61	Q3
5Y	+1.83%	+3.09%	-1.26	30 / 56	Q3
7Y	+1.71%	+2.73%	-1.03	26 / 52	Q2
10Y	+1.08%	+2.66%	-1.58	22 / 41	Q3
Inception	+1.33%	+7.98%	-6.65	39 / 68	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	-0.44%	+0.03%	-0.47	42 / 55
2025	+0.94%	+2.58%	-1.64	32 / 57
2024	+1.92%	+4.34%	-2.42	33 / 57
2023	+1.10%	+1.22%	-0.12	32 / 60
2022	+0.49%	+21.54%	-21.05	35 / 59
2021	+3.19%	+0.27%	+2.92	17 / 55
2020	+1.50%	+3.18%	-1.68	31 / 52
2019	-0.60%	+2.95%	-3.55	44 / 53
2018	+2.34%	+3.55%	-1.21	27 / 47
2017	-4.03%	-1.08%	-2.95	32 / 44
2016	+6.39%	+6.39%	0.00	23 / 44

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

+1.61%

152 windows

min -6.7% · max 9.5%

73% positive

3-Year rolling

+1.49%

128 windows

min -1.8% · max 5.6%

84% positive

5-Year rolling

+1.30%

103 windows

min 0.1% · max 2.6%

100% positive

7-Year rolling

+1.30%

79 windows

min 0.4% · max 2.3%

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

4.30%

3-year · annualised

Sharpe ratio

-1.32

vs risk-free 6.5%

Sortino ratio

-1.60

Downside-only deviation

Max drawdown

-4.60%

May 2025 → Apr 2026

% positive months

72.2%

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
HDFC Dynamic Debt Fund - Normal IDCW - Direct Plan	HDFC	₹21.1847	3 Jun 2026
NIPPON INDIA DYNAMIC BOND FUND - Direct Plan - IDCW Option	Nippon India	₹29.9231	3 Jun 2026
SBI Dynamic Bond Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹22.6379	3 Jun 2026
ICICI Prudential All Seasons Bond Fund - Direct Plan - Annual IDCW	ICICI Prudential	₹11.2620	3 Jun 2026
BANDHAN Dynamic Bond Fund-Direct Plan-Annual IDCW	Bandhan	₹11.7487	3 Jun 2026
Quantum Dynamic Bond Fund - Direct Plan Monthly IDCW	Quantum	₹10.1944	3 Jun 2026
Aditya Birla Sun Life Dynamic Bond Fund -Direct - IDCW	Aditya Birla Sun Life	₹12.9569	3 Jun 2026
Franklin India Dynamic Accrual Fund-Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct IDCW	Franklin India	₹0.0000	3 Jun 2026
Mirae Asset Dynamic Bond Fund Direct IDCW	Mirae Asset	₹18.5922	3 Jun 2026
Kotak Dynamic Bond Fund - Direct Plan - Standard Income Distribution cum capital withdrawal option	Kotak	₹14.8223	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹13.6543
2 Jun 2026	₹13.6641
1 Jun 2026	₹13.6570
29 May 2026	₹13.6671
27 May 2026	₹13.6484
26 May 2026	₹13.6498
25 May 2026	₹13.6503
22 May 2026	₹13.6179
21 May 2026	₹13.5990
20 May 2026	₹13.6093

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 03 Jun 2026, the NAV of HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan is ₹13.6543. It's a Dynamic Bond Fund from HDFC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan has NAV history starting from 01 Jan 2013, a track record of about 13 years 5 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 - Half Yearly IDCW - 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 - Half Yearly IDCW - Direct Plan has delivered a absolute return of -2.72% — -21.13 pp behind the Dynamic Bond Fund category average of 18.41%. The fund ranks #56 of 69 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan has delivered a CAGR of 0.73% — -2.12 pp behind the Dynamic Bond Fund category average of 2.85%. The fund ranks #33 of 63 in its category — the third (Q3) quartile.

Over the trailing 5-year window, HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan has delivered a CAGR of 1.83% — -1.26 pp behind the Dynamic Bond Fund category average of 3.09%. The fund ranks #30 of 56 in its category — the third (Q3) quartile.

₹1 lakh invested in HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan exactly 10 years ago would be worth approximately ₹111,322 today — a multiplier of 1.11×, based on the 10-year CAGR of 1.08%. The category average over the same window would have grown ₹1 lakh to ₹129,961.

A ₹10,000 monthly SIP in HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹613,544 today. That's an XIRR (money-weighted annualised return) of 0.88%.

A ₹10,000 monthly SIP for 10 years in HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,271,517 (multiplier 1.06×). XIRR: 1.14%. 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 - Half Yearly IDCW - Direct Plan ranks #30 out of 56 funds in the Dynamic Bond Fund category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 3.09%; this fund delivered 1.83%.

The worst peak-to-trough decline HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan has experienced over the last 5-year window is 4.60% — its NAV fell from a high on 28 May 2025 to a low on 02 Apr 2026. 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 - Half Yearly IDCW - Direct Plan averaged 1.30% (best 2.60%, worst 0.10%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.01 — negative risk-adjusted performance.

In calendar year 2025, HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan returned 0.94% — lagging the Dynamic Bond Fund category average of 2.58% by 1.64 pp. It ranked #32 of 57 in its category that year.

HDFC Dynamic Debt Fund - Half Yearly IDCW - 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 - Half Yearly IDCW - 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: 4.6%. 5-year CAGR: 1.83%.

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