Should I invest in Mahindra Manulife Dynamic Bond Fund - Quarterly IDCW?

We don't give personal investment advice. Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW 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: 5.1%. 5-year CAGR: 1.73%.

Mahindra Manulife

Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW

Latest NAV

₹11.5547

As of

17 Jul 2026

1,910 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	-0.12%	-0.06%	-0.06	45 / 64	Q3
1W	-0.26%	-0.13%	-0.13	44 / 64	Q3
2W	-0.25%	-0.22%	-0.03	37 / 64	Q3
1M	+0.35%	+0.40%	-0.04	39 / 64	Q3
3M	+1.61%	+1.30%	+0.30	34 / 64	Q3
6M	+2.25%	+1.83%	+0.43	32 / 64	Q2
YTD	+1.87%	+1.34%	+0.52	28 / 64	Q2
1Y	+1.64%	+2.13%	-0.49	33 / 64	Q3
2Y	+0.97%	+3.27%	-2.30	41 / 64	Q3
3Y	+1.34%	+3.24%	-1.90	34 / 63	Q3
4Y	+2.64%	+3.54%	-0.90	30 / 61	Q2
5Y	+1.73%	+3.28%	-1.55	29 / 56	Q3
7Y	+1.03%	+2.70%	-1.67	28 / 52	Q3
10Y	—	—	—	—	—
Inception	+1.82%	+2.74%	-0.93	31 / 64	Q2

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	+1.87%	+1.48%	+0.39	26 / 55
2025	-0.02%	+2.58%	-2.60	45 / 57
2024	+4.06%	+4.34%	-0.27	26 / 57
2023	+1.74%	+2.94%	-1.20	29 / 59
2022	+1.39%	+1.52%	-0.14	25 / 55
2021	-0.94%	+1.52%	-2.46	41 / 51
2020	-0.42%	+3.18%	-3.60	46 / 52
2019	+4.49%	+2.95%	+1.54	18 / 53
2018	—	—	—	—

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

+1.45%

85 windows

min -3.6% · max 7.9%

60% positive

3-Year rolling

+1.29%

60 windows

min -1.0% · max 3.5%

80% positive

5-Year rolling

+1.31%

36 windows

min 0.9% · max 2.1%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+1.41%

12 windows

min 1.0% · max 1.9%

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

3.90%

3-year · annualised

Sharpe ratio

-1.30

vs risk-free 6.5%

Sortino ratio

-1.79

Downside-only deviation

Max drawdown

-5.11%

Sep 2024 → Mar 2025

% positive months

58.3%

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	₹11.5547
16 Jul 2026	₹11.5681
15 Jul 2026	₹11.5495
14 Jul 2026	₹11.5401
13 Jul 2026	₹11.5788
10 Jul 2026	₹11.5846
9 Jul 2026	₹11.5605
8 Jul 2026	₹11.5529
7 Jul 2026	₹11.5889
6 Jul 2026	₹11.5958

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 Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW is ₹11.5547. It's a Dynamic Bond Fund from Mahindra Manulife, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW has NAV history starting from 24 Aug 2018, a track record of about 7 years 10 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.

Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW is managed by Mahindra Manulife. 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, Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW has delivered a absolute return of 1.64% — -0.49 pp behind the Dynamic Bond Fund category average of 2.13%. The fund ranks #33 of 64 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW has delivered a CAGR of 1.34% — -1.9 pp behind the Dynamic Bond Fund category average of 3.24%. The fund ranks #34 of 63 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW has delivered a CAGR of 1.73% — -1.55 pp behind the Dynamic Bond Fund category average of 3.28%. The fund ranks #29 of 56 in its category — the third (Q3) quartile.

₹1 lakh invested in Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW exactly 5 years ago would be worth approximately ₹108,963 today — a multiplier of 1.09×, based on the 5-year CAGR of 1.73%. The category average over the same window would have grown ₹1 lakh to ₹117,534.

A ₹10,000 monthly SIP in Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW over the last 5 years — total invested ₹600,000 — would be worth ₹630,220 today. That's an XIRR (money-weighted annualised return) of 1.94%.

Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹888,445 — XIRR 1.58%.

On a 5-year basis, Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW ranks #29 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 3.28%; this fund delivered 1.73%.

The worst peak-to-trough decline Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW has experienced over the last 5-year window is 5.11% — its NAV fell from a high on 23 Sep 2024 to a low on 17 Mar 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, Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW averaged 1.31% (best 2.12%, worst 0.91%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -1.36 — negative risk-adjusted performance.

In calendar year 2025, Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW returned -0.02% — lagging the Dynamic Bond Fund category average of 2.58% by 2.60 pp. It ranked #45 of 57 in its category that year.

Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW 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. Mahindra Manulife Dynamic Bond Fund - Direct Plan - Quarterly IDCW 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: 5.1%. 5-year CAGR: 1.73%.

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