GMP IPO Watch
Debt Scheme - Dynamic Bond
Nippon India Dynamic Term Fund
Regular Plan · Growth Option · Nippon India Mutual Fund
Risk: Moderate Risk
★★★★★
Morningstar
52W Low ₹37.88 23 Dec 2025
52W High ₹39.59 17 Aug 2026
₹39.2124
NAV as of 4 Nov 2026
+0.26% day change
Other Plans of This Fund
ISININF204K01FI0
Scheme Code102849
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹1,276.31 Cr
Expense Ratio (as of 29 Oct 2026)0.74%
Min. InvestmentRs. 5,000 and in multiples of Re.1 thereafter
Inception Date16 Oct 2004
BenchmarkNIFTY Composite Debt Index A-III · NA
Portfolio Turnover12.43%
NFO Period16-Oct-2004 – 11-Nov-2004
Returns
1Y
+3.15%
3Y
+6.88%
5Y
+5.77%
7Y
+5.99%
10Y
+6.01%
Since Inception
+6.55%
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.81% | +0.96% | 16 of 22 |
| 1M | +0.10% | +0.35% | 19 of 22 |
| 3M | -0.49% | -0.25% | 15 of 22 |
| 6M | +2.16% | +1.67% | 10 of 22 |
| YTD | +2.98% | +1.95% | 8 of 22 |
| 1Y | +3.15% | +2.16% | 11 of 22 |
| 2Y | +5.46% | +3.42% | 4 of 22 |
| 3Y | +6.88% | +4.79% | 5 of 22 |
| 5Y | +5.77% | +3.99% | 5 of 20 |
| 7Y | +5.99% | +4.26% | 7 of 19 |
| 10Y | +6.01% | +4.15% | 6 of 16 |
| INCEPTION | +6.55% | — | — |
Ranked among: Debt Scheme - Dynamic Bond.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.65% | +8.01% | -8.26% | 86% | 35% |
| 6M | +3.31% | +12.66% | -3.77% | 93% | 38% |
| 1Y | +6.74% | +17.48% | -1.29% | 98% | 41% |
| 2Y | +6.78% | +13.61% | +1.22% | 100% | 42% |
| 3Y | +6.82% | +12.88% | +1.60% | 100% | 42% |
| 5Y | +7.07% | +11.55% | +3.56% | 100% | 42% |
| 7Y | +7.31% | +9.89% | +4.88% | 100% | 43% |
| 10Y | +7.40% | +8.84% | +5.90% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt96.02%
- Cash3.98%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings93
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| 783MHSDL30 | Debt | 8.05% | +0.29% |
| 778MAHSDL30 | Debt | 6.60% | +0.24% |
| 704TAMSDL30 | Debt | 6.18% | +0.24% |
| 772MAHSDL31 | Debt | 3.86% | +0.13% |
| 786MAHSDL30 | Debt | 3.02% | +0.11% |
| 665GUJSDL30 | Debt | 2.95% | +0.10% |
| SDL KA 7.09% 2030 | Debt | 2.77% | +0.11% |
| SDL MH 7.49% 2030 | Debt | 2.72% | +0.10% |
| 67GUJSDL30 | Debt | 2.54% | +0.09% |
| 76MHSDL30 | Debt | 2.45% | +0.09% |
| SDL KA 6.97% 2030 | Debt | 2.40% | +0.09% |
| 775TN2030 | Debt | 2.32% | +0.08% |
| 633TNSDL30 | Debt | 2.29% | +0.08% |
| GOI LOAN 6.36% 2031 | Debt | 2.12% | +0.71% |
| SDL TN 6.6% 2030 | Debt | 2.09% | +0.07% |
View all 97 holdings
| SDL KA 6.58% 2030 | Debt | 1.98% | +0.08% |
| Net Current Assets | Net Current Assets | 1.91% | — |
| 718MAHSDL30 | Debt | 1.88% | +0.07% |
| GS15APR30C | Debt | 1.70% | +0.06% |
| Triparty Repo | Reverse Repo / TREPS | 1.70% | — |
| 77MAHSDL30 | Debt | 1.64% | +0.06% |
| SDL GJ 6.9% 2030 | Debt | 1.47% | +0.06% |
| 695TNSDL31 | Debt | 1.46% | -0.20% |
| 776MAHSDL30 | Debt | 1.37% | +0.05% |
| SDL GJ 7.07% 2030 | Debt | 1.33% | +0.04% |
| SDL KA 6.48% 2030 | Debt | 1.31% | +0.05% |
| 654MAHSDL30 | Debt | 1.29% | +0.05% |
| SDL GJ 7.04% 2030 | Debt | 1.24% | +0.04% |
| 717KASDL29 | Debt | 1.21% | +0.04% |
| SDL MH 6.52% 2030 | Debt | 1.20% | +0.05% |
| SDL KA 7.93% 2031 | Debt | 1.10% | +0.04% |
| 769MAHSDL31 | Debt | 1.09% | +0.04% |
| SDL MH 6.56% 2030 | Debt | 1.08% | +0.04% |
| SDL MP 7.04% 2030 | Debt | 1.07% | +0.04% |
| SDL KA 6.51% 2030 | Debt | 1.05% | +0.04% |
| 755GUJSDL31 | Debt | 0.86% | +0.03% |
| 8.22% State Government Securities | Debt | 0.83% | +0.03% |
| 684GUJSDL30 | Debt | 0.80% | +0.03% |
| SDL TN 6.5% 2030 | Debt | 0.79% | +0.03% |
| 768GUJSDL30 | Debt | 0.68% | +0.02% |
| 739MAHSDL30 | Debt | 0.68% | +0.03% |
| 666TAMSDL29 | Debt | 0.66% | +0.02% |
| SDL KL 6.63% 2030 | Debt | 0.66% | +0.03% |
| 657TAMSDL31 | Debt | 0.65% | +0.02% |
| SDL TN 6.41% 2030 | Debt | 0.65% | +0.02% |
| 673TAMSDL30 | Debt | 0.65% | +0.03% |
| SDL KA 6.56% 2030 | Debt | 0.58% | +0.02% |
| SDL MP 6.57% 2030 | Debt | 0.58% | +0.02% |
| SDL TN 7.03% 2030 | Debt | 0.53% | +0.01% |
| SDL TN 6.66% 2030 | Debt | 0.53% | +0.02% |
| SDL GJ 6.46% 2030 | Debt | 0.52% | +0.02% |
| GOI LOAN 6.01% 2030 | Debt | 0.52% | +0.02% |
| SDL TN 7.17% 2030 | Debt | 0.49% | +0.02% |
| 815MH2030 | Debt | 0.41% | +0.01% |
| GOI LOAN 7.32% 2030 | Debt | 0.41% | +0.01% |
| SDL KA 7.17% 2030 | Debt | 0.40% | +0.01% |
| SDL GJ 6.49% 2029 | Debt | 0.40% | +0.02% |
| SDL TN 6.69% 2030 | Debt | 0.40% | +0.02% |
| SDL TS 7.44% 2030 | Debt | 0.38% | +0.01% |
| Corporate Debt Market Development Fund Class A2 | Reverse Repo / TREPS | 0.37% | +0.01% |
| SDL MP 6.73% 2030 | Debt | 0.30% | +0.01% |
| SDL GJ 7.77% 2031 | Debt | 0.27% | +0.01% |
| GOI LOAN 7.17% 2030 | Debt | 0.27% | +0.01% |
| 763MAHSDL30 | Debt | 0.27% | +0.01% |
| SDL GJ 7.18% 2030 | Debt | 0.27% | +0.01% |
| SDL TN 7.12% 2030 | Debt | 0.27% | +0.01% |
| SDL TN 7.09% 2030 | Debt | 0.27% | +0.01% |
| SDL MH 6.87% 2030 | Debt | 0.27% | +0.01% |
| 683GUJSDL30 | Debt | 0.27% | +0.01% |
| SDL KA 6.61% 2030 | Debt | 0.26% | +0.01% |
| SDL KA 6.51% 2030 | Debt | 0.22% | +0.01% |
| 645GUJSDL30 | Debt | 0.21% | +0.00% |
| 8.08% State Government Securities | Debt | 0.19% | +0.01% |
| SDL KA 7.80% 2030 | Debt | 0.14% | +0.01% |
| SDL MH 7.27% 2030 | Debt | 0.13% | +0.00% |
| SDL TN 7.19% 2030 | Debt | 0.13% | +0.00% |
| SDL KA 7.2% 2031 | Debt | 0.13% | +0.00% |
| 707GUJSDL31 | Debt | 0.13% | +0.00% |
| SDL KL 6.84% 2030 | Debt | 0.13% | +0.00% |
| 672GUJSDL30 | Debt | 0.13% | +0.00% |
| SDL TN 6.55% 2030 | Debt | 0.13% | +0.00% |
| SDL GJ 6.47% 2030 | Debt | 0.13% | +0.00% |
| SDL GJ 6.5% 2030 | Debt | 0.11% | +0.01% |
| 683TAMSDL31 | Debt | 0.10% | +0.00% |
| 818TN2028 | Debt | 0.08% | +0.00% |
| 815TN2028 | Debt | 0.07% | +0.00% |
| SDL KA 6.83% 2031 | Debt | 0.07% | +0.00% |
| 654GJSDL2030 | Debt | 0.06% | +0.01% |
| 71GOI2029 | Debt | 0.04% | +0.00% |
| SDL TN 7.17% 2029 | Debt | 0.03% | +0.00% |
| SDL GJ 6.6% 2029 | Debt | 0.03% | +0.00% |
| 8.28% State Government Securities | Debt | 0.01% | +0.00% |
| 805TN2028 | Debt | 0.01% | +0.00% |
| 7.11% State Government Securities | Debt | 0.00% | — |
| 711GUJSDL31 | Debt | 0.00% | — |
| SDL MH 6.63% 2030 | Debt | 0.00% | — |
| Cash Margin - CCIL | Net Current Assets | 0.00% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 2.11 | 2.41 | Low Volatility |
| 3Y | 1.85 | 2.46 | Low Volatility |
| 5Y | 2.41 | 2.44 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -1.02 | -1.56 | Above Average |
| 3Y | 0.38 | -0.39 | Above Average |
| 5Y | -0.03 | -0.75 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 2.29 | 1.90 | Above Average |
| 3Y | 6.25 | 3.86 | Above Average |
| 5Y | 3.31 | 3.20 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.80 | 0.75 | Poor Risk Adjusted Returns |
| 3Y | 0.81 | 0.90 | Good Risk Adjusted Returns |
| 5Y | 0.88 | 0.75 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
BANDHAN Dynamic Term Fund
Regular Plan · Growth
|
+5.79% | +6.96% | +5.29% | +7.44% |
|
Axis Dynamic Term Fund
Regular Plan · Growth Option
|
+5.02% | +7.18% | +5.90% | +7.70% |
|
Kotak Dynamic Term Fund
Regular Plan · Growth
|
+4.87% | +7.00% | +5.72% | +7.76% |
|
SBI DYNAMIC TERM FUND
Regular Plan · Growth
|
+4.44% | +6.61% | +6.04% | +6.50% |
|
UTI Dynamic Term Fund
Regular Plan · Growth
|
+3.84% | +6.53% | +6.84% | +7.48% |
|
Mirae Asset Dynamic Term Fund
Direct Plan · Growth
|
+3.74% | +6.75% | +5.74% | +6.71% |
|
360 ONE Dynamic Term Fund
Regular Plan · GROWTH Option
|
+3.69% | +7.58% | +6.43% | +6.79% |
|
Groww Dynamic Term Fund
Direct Plan · Growth
|
+3.65% | +5.93% | +5.21% | +6.04% |
|
HDFC Dynamic Term Fund
Regular Plan · Growth Option
|
+3.33% | +5.92% | +4.92% | +6.86% |
|
Mahindra Manulife Dynamic Term Fund
Regular Plan · Growth
|
+3.25% | +6.24% | +4.83% | +5.02% |
More From Nippon Life India Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Nippon India Taiwan Equity Fund
Direct Plan · Growth Option
|
+61.78% | +49.40% | — | +24.96% |
|
Nippon India Silver ETF
Direct Plan
|
+26.05% | +36.23% | — | +25.08% |
|
Nippon India Silver ETF FOF
Direct Plan · IDCW Option
|
+24.99% | +35.38% | — | +24.09% |
|
Nippon India Nifty Pharma ETF
Direct Plan
|
+22.83% | +22.93% | +15.06% | +13.35% |
|
Nippon India Japan Equity Fund
Direct Plan · IDCW Option
|
+20.27% | +21.27% | +9.63% | +9.56% |
|
Nippon India ETF Gold BeES
Direct Plan
|
+16.58% | +30.82% | +23.10% | +15.30% |
|
Nippon India Gold Savings Fund
Direct Plan · Growth Option
|
+16.51% | +30.76% | +22.97% | +10.34% |
|
Nippon India US Equity Opportunities Fund
Direct Plan · IDCW Option
|
+11.90% | +18.73% | +10.93% | +14.93% |
|
Nippon India Pharma Fund
Direct Plan · Growth Option
|
+10.54% | +18.85% | +14.53% | +17.34% |
|
Nippon India Fixed Maturity Plan - XLV - Series 5
Direct Plan · Growth Option
|
+7.36% | +8.43% | — | +8.54% |
About This Scheme
Investment Objective
The primary investment objective of the scheme is to generate optimal returns consistent with moderate levels of risk. This income may be complemented by capital appreciation of the portfolio. Accordingly, investments shall predominantly be made in Debt & Money Market Instruments.
Stated Asset Allocation
Debt & Money Market Instruments; Maximum 100, Minimum 0. Units issued by REITs and InvITs; Maximum 10, Minimum 0.
Exit Load
Nil
Fund Managers
FM 1 Vivek Sharma, FM 2 Pranay Sinha
FM 1 Comanage, FM 2 Comanage
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Nippon Life India Asset Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.