About SBI Dynamic Term Fund
SBI Dynamic Term Fund is a dynamic bond fund managed by SBI Mutual Fund. Debt funds that change their portfolio duration freely based on the fund manager’s view on interest rates.
To provide investors attractive returns through investment in an actively managed portfolio of high quality debt securities of varying maturities.
The scheme's stated objective, as published by SBI Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹41.7945 | 119671 |
| Direct | IDCW | ₹23.3448 | 119670 |
| Regular | Growth | ₹37.8132 | 102205 |
| Regular | IDCW | ₹19.8238 | 102206 |
Frequently asked questions
What is the NAV of SBI Dynamic Term Fund today?
The NAV of SBI Dynamic Term Fund (Direct plan, Growth) is ₹41.7945 and the Regular plan NAV is ₹37.8132, as of 13 Nov 2026.
What returns has SBI Dynamic Term Fund given?
Over the last year the Direct plan returned 5.25%, and 7.42% a year over 3 years and 6.88% a year over 5 years. That places it 6 of 22 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of SBI Dynamic Term Fund?
The Direct plan charges 0.64% a year, as disclosed on 30 Sept 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in SBI Dynamic Term Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.
How much has SBI Dynamic Term Fund fallen in the past?
Its deepest fall was 3.2% from 9 Mar 2020 to 19 Mar 2020. Of every one-year stretch in its history, 100% ended in a gain.
What does SBI Dynamic Term Fund invest in?
As on 31 Oct 2026 it held 17 positions, the largest being 6.94% CGL 2036 (42.7%), National Bank for Agriculture and Rural Development (6.3%), Bajaj Finance Ltd (5.8%). Portfolios change every month.
Which category does SBI Dynamic Term Fund belong to?
It is a Dynamic Bond Fund from SBI Mutual Fund. Debt funds that change their portfolio duration freely based on the fund manager’s view on interest rates.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from SBI Dynamic Term Fund taxed?
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.