Should I invest in HDFC Dynamic Debt Fund - Normal IDCW?

We don't give personal investment advice. HDFC Dynamic Debt Fund - Normal 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: 2.6%. 5-year CAGR: 6.09%.

HDFC

HDFC Dynamic Debt Fund - Normal IDCW - Direct Plan

Latest NAV

₹21.7836

As of

17 Jul 2026

2,790 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%	-0.06%	-0.02	38 / 64	Q3
1W	-0.23%	-0.13%	-0.10	42 / 64	Q3
2W	-0.22%	-0.22%	0.00	30 / 64	Q2
1M	+1.51%	+0.40%	+1.11	9 / 64	Q1
3M	+2.67%	+1.30%	+1.36	9 / 64	Q1
6M	+3.83%	+1.83%	+2.00	9 / 64	Q1
YTD	+3.44%	+1.34%	+2.09	9 / 64	Q1
1Y	+4.00%	+2.13%	+1.87	18 / 64	Q2
2Y	+6.42%	+3.27%	+3.16	19 / 64	Q2
3Y	+7.04%	+3.24%	+3.80	15 / 63	Q1
4Y	+7.35%	+3.54%	+3.81	14 / 61	Q1
5Y	+6.09%	+3.28%	+2.80	19 / 56	Q2
7Y	+7.14%	+2.70%	+4.45	2 / 52	Q1
10Y	+6.54%	+2.55%	+3.99	8 / 40	Q1
Inception	+6.95%	+2.74%	+4.21	8 / 64	Q1

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%	+1.48%	+1.96	7 / 55
2025	+5.52%	+2.58%	+2.94	12 / 57
2024	+9.31%	+4.34%	+4.97	13 / 57
2023	+7.77%	+2.94%	+4.83	4 / 59
2022	+2.83%	+1.52%	+1.30	17 / 55
2021	+8.13%	+1.52%	+6.61	4 / 51
2020	+9.64%	+3.18%	+6.46	10 / 52
2019	+3.98%	+2.95%	+1.03	19 / 53
2018	+4.67%	+3.55%	+1.12	19 / 47
2017	+2.53%	-1.08%	+3.62	9 / 44
2016	+15.50%	+6.39%	+9.11	3 / 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

+6.98%

129 windows

min 0.2% · max 18.6%

100% positive

3-Year rolling

+6.61%

105 windows

min 3.2% · max 8.8%

100% positive

5-Year rolling

+6.69%

81 windows

min 5.1% · max 8.1%

100% positive

7-Year rolling

+6.63%

56 windows

min 5.2% · max 7.4%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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
HDFC Dynamic Debt Fund - Half Yearly IDCW - Direct Plan	HDFC	₹14.0403	17 Jul 2026
NIPPON INDIA DYNAMIC BOND FUND - Direct Plan - IDCW Option	Nippon India	₹30.6037	17 Jul 2026
SBI Dynamic Bond Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹23.0673	17 Jul 2026
ICICI Prudential All Seasons Bond Fund - Direct Plan - Annual IDCW	ICICI Prudential	₹11.5275	17 Jul 2026
BANDHAN Dynamic Bond Fund-Direct Plan-Annual IDCW	Bandhan	₹12.1184	17 Jul 2026
Quantum Dynamic Bond Fund - Direct Plan Monthly IDCW	Quantum	₹10.4272	17 Jul 2026
Aditya Birla Sun Life Dynamic Bond Fund -Direct - IDCW	Aditya Birla Sun Life	₹13.2466	17 Jul 2026
Franklin India Dynamic Accrual Fund-Segregated Portfolio 3 (9.50% Yes Bank Ltd CO 23Dec21) - Direct IDCW	Franklin India	₹0.0000	17 Jul 2026
Mirae Asset Dynamic Bond Fund Direct IDCW	Mirae Asset	₹18.7797	17 Jul 2026
Kotak Dynamic Bond Fund - Direct Plan - Standard Income Distribution cum capital withdrawal option	Kotak	₹15.2355	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹21.7836
16 Jul 2026	₹21.8021
15 Jul 2026	₹21.7634
14 Jul 2026	₹21.7393
13 Jul 2026	₹21.8214
10 Jul 2026	₹21.8339
9 Jul 2026	₹21.7911
8 Jul 2026	₹21.7786
7 Jul 2026	₹21.8447
6 Jul 2026	₹21.8474

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 - Normal IDCW - Direct Plan is ₹21.7836. 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 - Normal IDCW - Direct Plan has NAV history starting from 18 Dec 2014, a track record of about 11 years 7 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 - Normal 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 - Normal IDCW - Direct Plan has delivered a absolute return of 4.00% — +1.87 pp ahead of the Dynamic Bond Fund category average of 2.13%. The fund ranks #18 of 64 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HDFC Dynamic Debt Fund - Normal IDCW - Direct Plan has delivered a CAGR of 7.04% — +3.8 pp ahead of the Dynamic Bond Fund category average of 3.24%. The fund ranks #15 of 63 in its category — the top (Q1) quartile.

Over the trailing 5-year window, HDFC Dynamic Debt Fund - Normal IDCW - Direct Plan has delivered a CAGR of 6.09% — +2.8 pp ahead of the Dynamic Bond Fund category average of 3.28%. The fund ranks #19 of 56 in its category — the second (Q2) quartile.

₹1 lakh invested in HDFC Dynamic Debt Fund - Normal IDCW - Direct Plan exactly 10 years ago would be worth approximately ₹188,464 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 ₹128,632.

A ₹10,000 monthly SIP in HDFC Dynamic Debt Fund - Normal IDCW - Direct Plan over the last 5 years — total invested ₹600,000 — would be worth ₹710,812 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 - Normal IDCW - Direct Plan = ₹1,200,000 invested. It would currently be worth ₹1,690,426 (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 - Normal IDCW - Direct Plan ranks #19 out of 56 funds in the Dynamic Bond Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 3.28%; this fund delivered 6.09%.

The worst peak-to-trough decline HDFC Dynamic Debt Fund - Normal IDCW - 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 - Normal IDCW - Direct Plan averaged 6.69% (best 8.07%, 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 - Normal IDCW - Direct Plan returned 5.52% — beating the Dynamic Bond Fund category average of 2.58% by 2.94 pp. It ranked #12 of 57 in its category that year.

HDFC Dynamic Debt Fund - Normal 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 - Normal 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: 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 - Normal IDCW - 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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