DebtDynamic BondRegularGrowthModerate

Groww Dynamic Term Fund

Q: What is the NAV of Groww Dynamic Term Fund?

As of 01 Oct 2026, the NAV of Groww Dynamic Term Fund is ₹1,497.85 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Groww Dynamic Term Fund delivered?

Groww Dynamic Term Fund has returned +1.95% over 1 year, +4.81% per year over 3 years, +4.28% per year over 5 years and +5.30% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of Groww Dynamic Term Fund?

Groww Dynamic Term Fund charges an expense ratio of 1.36% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Groww Dynamic Term Fund?

Groww Dynamic Term Fund's largest holdings are 7.71% GOI 18-May-2066 (19.9%), NABARD 18-MAR-2027 (11.4%), SIDBI 18-FEB-2027 (11.1%), Axis Bank Limited 14-JAN-2027 (10.7%) and Indian Bank 22-JAN-2027 (10.7%). Holdings are disclosed monthly and change over time.

Q: How risky is Groww Dynamic Term Fund?

Groww Dynamic Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 2.1% and its worst peak-to-trough fall in our sample was -2.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of -0.82 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Groww Dynamic Term Fund's -0.82 means it has not compensated investors for its volatility over the window. Higher is better.

Q: What is the benchmark of Groww Dynamic Term Fund?

Groww Dynamic Term Fund is benchmarked against the CRISIL Dynamic Bond A-III Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Groww Dynamic Term Fund?

Groww Dynamic Term Fund is managed by Wilfred Peter Gonsalves and Kaustubh Sule at Groww.

Q: How is Groww Dynamic Term Fund taxed?

Groww Dynamic Term Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.

Groww Mutual Fund · Best Dynamic Bond Mutual Funds

NAV

₹1,497.85

-0.07% 1D

as of 01 Oct 2026

This is the Regular plan of Groww Dynamic Term Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+2.23%CAGR

52-week rangePrev NAV ₹1,498.95

Latest ₹1,497.85

Low ₹1,459.0888th percentile of its 52-week rangeHigh ₹1,502.94

Scorecard

★☆☆☆☆1/5 vs 23 Dynamic Bond peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Dynamic Bond (same plan and option).

PerformanceBelow avg

3Y CAGR +4.81% · ranks 20 of 22 Dynamic Bond funds

RiskModerate

Volatility 2.1% vs 2.2% category avg

CostAverage

1.4% expense vs 1.2% category avg

ConsistencyHigh

100% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Consistent — positive in 100% of rolling 3-year windows

Concerns

1-year return (+1.95%) trails the Dynamic Bond average (+3.11%)
3-year return (+4.81%) trails the Dynamic Bond average (+6.09%)
5-year return (+4.28%) trails the Dynamic Bond average (+5.37%)

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.36%

Category 1.24%▲0.12%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

-0.82

Category -0.18▼0.64

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹1,00,10,05,00,500

Smallest one-time (lumpsum) investment the scheme accepts

₹500

CRISIL Dynamic Bond A-III Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

06 Dec 2018

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-0.02%

Absolute return over the last 3 months (not annualized)

+0.26%

Absolute return over the last 6 months (not annualized)

+2.15%

Absolute return since 1 Jan of this year (not annualized)

+1.74%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+1.95%

3-year annualized return (CAGR)

+4.81%

5-year annualized return (CAGR)

+4.28%

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+5.30%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

2.06%

Excess return per unit of total volatility (rf = 6.5%)

-0.82

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

-1.10

Largest peak-to-trough decline over full history

-2.48%

Benchmark ratios

Not shown for Dynamic Bond — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Dynamic Bond)

Period	Fund	Category avg.	Diff
1M abs	-0.02%	-0.34%	+0.32%
3M abs	+0.26%	-0.44%	+0.70%
6M abs	+2.15%	+2.72%	-0.57%
1Y CAGR	+1.95%	+3.11%	-1.16%
3Y CAGR	+4.81%	+6.09%	-1.28%
5Y CAGR	+4.28%	+5.37%	-1.09%

Category average across peers in Dynamic Bond (up to 21 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 21 peers in Dynamic Bond

1Y return

+1.95%

Beats 28.6% · rank #16

3Y return

+4.81%

Beats 9.5% · rank #20

5Y return

+4.28%

Beats 10.5% · rank #18

Sharpe

-0.82

Beats 0% · rank #22

Sortino

-1.10

Beats 0% · rank #22

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹6.67L

Absolute

+11.11%

XIRR

+4.30%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Groww Dynamic Term Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+1.74%
2025	+4.00%
2024	+6.82%
2023	+5.47%
2022	+2.74%
2021	+3.53%
2020	+7.28%
2019	+9.55%
2018part	+0.46%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

1,895

Expense ratio

1.36%

AUM

₹37.56Cr

YTM

6.81%

Macaulay duration

3.04 years

Average maturity

8.55 years

Exit load

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Dynamic Bond

Compare all


Groww Dynamic Term FundThis fund Groww · Regular · Growth	★☆☆☆☆	+1.95%	+4.81%	+4.28%	—	1.36%	₹37.56Cr
360 ONE Dynamic Term Fund 360 One · Regular · Growth	★★★★★	+4.47%	+7.62%	+6.47%	—	0.59%	—
360 ONE Dynamic Term Fund 360 One · Regular · Growth	—	+4.47%	+7.62%	+6.47%	—	0.59%	—
Axis Dynamic Term Fund Axis · Regular · Growth	★★★★★	+5.47%	+7.02%	+5.80%	—	0.65%	—
Aditya Birla Sun Life Dynamic Term Fund Aditya Birla Sun Life · Regular · Growth	★★★★☆	+4.68%	+6.99%	+6.57%	—	1.22%	—
Kotak Dynamic Term Fund Kotak Mahindra · Regular · Growth	★★★★☆	+4.37%	+6.92%	+5.64%	—	1.35%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt88.24%
Cash & Equivalents11.76%

Fund size over time

Quarterly average AUM · AMFI

₹37.56Cr

April - June 2026

-39%

since January - March 2026

−₹24.23Cr

est. net flow, last quarter

Down +39% from its peak of ₹61.66Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Groww Mutual Fund is the asset management arm of the Groww investing platform, which acquired Indiabulls Mutual Fund in 2023 and rebranded it. The house leans towards low-cost index and passive schemes alongside a small active line-up.

Launched

09 Apr 2008

Total AUM

₹6,571Cr+28.7% QoQ

Avg AUM · July - September 2026

Website

growwmf.in

Fund Managers

WGWilfred Peter GonsalvesStart date not disclosed

Education

CA, B. Com from Mumbai University

Experience

Wilfred has over 7 years of experience in Investment Management, with a strong background in credit analysis, macroeconomics, fixed income, and gold. At Whiteoak Capital, where he worked for 1.5 years, Wilfred specialized as a dealer in Fixed Income securities and supported Gold ETF units trading. Prior to this, he served as a Fixed Income Dealer at Edelweiss Tokio Life Insurance for 3 years, where his responsibilities included Fixed Income trading and portfolio management. Additionally, at L&T Finance, Wilfred was part of the Deal Origination team for 2 years, conducting in-depth credit analysis to support investment decisions."

Funds managed (10)

All schemes Wilfred Peter Gonsalves runs →

KSKaustubh SuleManaging since 11 May 2023

Role

Senior – Fund Manager

Education

B.E.(Computer) MBA(Finance)

Experience

Mr. Kaustubh has worked in Fixed Income trading and portfolio management for almost 14 years and 3 years in the IT industry as a software engineer. He has worked with Hexaware Technologies, Union Bank of India, Reliance Life insurance, HDFC Life insurance. He was working with Axis Asset Management Company as Fund Manager- Fixed Income before joining Groww. Place: Mumbai Date: June 03, 2026 Changes Appointed w.e.f July 31, 2026 Cessation w.e.f July 31, 2026 & Investor Cessation w.e.f July 31, 2026 Place: Mumbai Date: July 31, 2026

Funds managed (8)

All schemes Kaustubh Sule runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Wilfred Peter Gonsalves Kaustubh Sule

Groww in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Dynamic Bond funds

Dynamic bond funds have no duration mandate at all: the manager moves between short and long bonds as their rate view changes. That hands one call — where rates go next — to the manager, so the outcome depends heavily on getting it right.

Frequently asked questions

What is the NAV of Groww Dynamic Term Fund?

As of 01 Oct 2026, the NAV of Groww Dynamic Term Fund is ₹1,497.85 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Groww Dynamic Term Fund delivered?

Groww Dynamic Term Fund has returned +1.95% over 1 year, +4.81% per year over 3 years, +4.28% per year over 5 years and +5.30% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Groww Dynamic Term Fund?

Groww Dynamic Term Fund charges an expense ratio of 1.36% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Groww Dynamic Term Fund?

Groww Dynamic Term Fund's largest holdings are 7.71% GOI 18-May-2066 (19.9%), NABARD 18-MAR-2027 (11.4%), SIDBI 18-FEB-2027 (11.1%), Axis Bank Limited 14-JAN-2027 (10.7%) and Indian Bank 22-JAN-2027 (10.7%). Holdings are disclosed monthly and change over time.

How risky is Groww Dynamic Term Fund?

Groww Dynamic Term Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 2.1% and its worst peak-to-trough fall in our sample was -2.5%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of -0.82 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Groww Dynamic Term Fund's -0.82 means it has not compensated investors for its volatility over the window. Higher is better.

What is the benchmark of Groww Dynamic Term Fund?

Groww Dynamic Term Fund is benchmarked against the CRISIL Dynamic Bond A-III Index. Its alpha and beta on this page are measured against that index.

Who manages Groww Dynamic Term Fund?

Groww Dynamic Term Fund is managed by Wilfred Peter Gonsalves and Kaustubh Sule at Groww.

How is Groww Dynamic Term Fund taxed?

Groww Dynamic Term Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.