Aditya Birla Sun Life Dynamic Bond Fund

An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and relatively high credit risk.

July 2026

Debt Scheme
Investment Objective
The investment objective of the scheme is to generate optimal returns with high liquidity through active management of Investment Objective the portfolio by investing in Debt and Money Market Instruments. The Scheme does not guarantee/indicate any returns. There is no assurance that the objective of the Scheme will be achieved.
Fund Category: Dynamic Bond Fund
Fund Snapshot
Date of Allotment :Sep 27, 2004
Benchmark: Nifty Composite Debt Index A-III
Fund Manager - Mr. Bhupesh Bameta
Managing the Fund Since: August 06, 2020
Experience in Managing the Fund: 6.0 Years
Fund Manager - Mr. Mohit Sharma
Managing the Fund Since: March 22, 2021
Experience in Managing the Fund: 5.4 Years
SIP:
Monthly: Minimum ₹ 1000/-
Application Amount for fresh subscription:
₹ 1,000 (plus in multiplies of ₹ 1)
Minimum Additional Investment:
₹ 1,000 (plus in multiplies of ₹ 1)
Load Structure (as % of NAV) (Incl. for SIP)
Entry Load: NIL
Exit Load: In respect of each purchase / switch-in of
Units, upto 15% of the units may be
redeemed / switched-out without any exit
load from the date of allotment. Any
redemption in excess of the above limit
shall be subject to the following exit load:
For redemption / switch-out of units on or
before 90 days from the date of allotment:
0.50% of applicable NAV. For redemption /
switch-out of units after 90 days from the
date of allotment: Nil.
AUM as on July 31, 2026 (in ₹Crore)
Month End AUM 1,440.65
Monthly Average AUM 1,457.99
Base Expense Ratio (BER)
Regular 1.04%
Direct 0.55%
BER excludes brokerage incurred towards execution of trades, transaction cost & statutory levies as applicable to investors.
NAV as on July 31, 2026
Regular IDCW$ 12.17
Retail Growth 48.92
Retail IDCW$ 10.73
Retail IDCW$ 10.77
Direct Growth 52.81
Direct IDCW$ 13.25
Direct IDCW$ 11.24
Direct IDCW$ 11.09

$Income Distribution cum capital withdrawal

Note: Standard Deviation, Sharpe Ratio & Beta are calculated on Annualised basis using 3 years history of monthly returns.
Risk Free Rate assumed to be 5.41 % (FBIL OvernightMIBOR as on 31 July, 2026) for calculating SharpeRatio
Sectoral Contribution(in %)
Rating Profile of Portfolio
Instrument Profile
Instrument Name
% Net Assets
Bonds & Debentures
62.28%
Sovereign
37.32%
Others
0.40%
Debt Quants
Modified Duration
5.32 years
Average Maturity
12.32 years
Yield to Maturity
8.29%
Macaulay Duration
5.59 years
Standard Deviation
2.54%
Portfolio Holdings as on July 31, 2026
( • Top Ten Holdings - Issuerwise)
Sector/Issuer Name
Rating
% to Net Assets
Debt & Debt Related    
Fixed rates bonds - Corporate   62.06%
● Cholamandalam Investment & Finance Co. Ltd. ICRA AA+ 5.61%
● Hinduja Leyland Finance Ltd. CRISIL AA+ 5.53%
● Power Finance Corporation Ltd. ICRA AAA 5.20%
● Jubilant Bevco Ltd. CRISIL AA 4.63%
● GMR Airports Ltd. CRISIL A+ 4.24%
● Oxyzo Financial Services Pvt. Ltd. ICRA A+ 4.12%
● Bajaj Housing Finance Ltd. CRISIL AAA 3.54%
National Bank for Agriculture and Rural Development ICRA AAA 3.48%
National Bank for Agriculture and Rural Development ICRA AAA 3.46%
Small Industries Development Bank of India CRISIL AAA 3.45%
Kogta Financial (India) Ltd. CARE AA- 3.11%
Vedanta Ltd. ICRA AA+ 2.44%
Vedanta Ltd. CRISIL AA+ 2.10%
Adani Power Ltd. CRISIL AA 2.01%
Adani Airport Holdings Ltd. CRISIL AA- 1.99%
Tata Capital Housing Finance Ltd. ICRA AAA 1.73%
GMR Airports Ltd. CRISIL A+ 1.62%
Adani Power Ltd. CRISIL AA 1.38%
SK Finance Ltd. ICRA AA- 1.04%
National Bank for Agriculture and Rural Development ICRA AAA 1.03%
Power Finance Corporation Ltd. CRISIL AAA 0.36%
Government Bond   22.65%
● Government of India 6.9% 15.04.2065 GOV SOV 15.31%
● Government of India 7.71% 18.05.2066 GOV SOV 3.89%
Sector/Issuer Name
Rating
% to Net Assets
Government Of India 7.34% 22.04.2064 GOV SOV 3.36%
Government Of India 6.1% 12.07.2031 GOV SOV 0.07%
Government of India 8.33% 07.06.2036 GOV SOV 0.02%
State Government bond   14.54%
● State Government of Telangana 7.95% 20.07.2035 SDL SOV 3.62%
State Government Of Andhra Pradesh 7.04% 02.06.2040 SDL SOV 2.18%
State Government of Bihar 7.73% 08.11.2038 SDL SOV 2.11%
State Government of Assam 7.54% 02.05.2034 SDL SOV 1.74%
State Government Of Andhra Pradesh 8.07% 08.06.2036 SDL SOV 1.66%
State Government of Tamil Nadu 7.46% 18.03.1935 SDL SOV 1.26%
State Government of Rajasthan 6.99% 18.03.2036 SDL SOV 0.78%
State Government of Rajasthan 7.52% 25.02.2036 SDL SOV 0.28%
State Government of West Bengal 7.29% 28.12.2026 SDL SOV 0.24%
State Government Of Andhra Pradesh 7.17% 30.10.2043 SDL SOV 0.22%
State Government of Telangana 7.22% 11.09.2038 SDL SOV 0.10%
State Government of Gujarat 8.35% 06.03.2029 SDL SOV 0.08%
State Government of Kerala 7.2% 27.02.2042 SDL SOV 0.07%
State Government of Uttar Pradesh 8.43% 06.03.2029 SDL SOV 0.07%
State Government of Kerala 7.17% 19.09.2038 SDL SOV 0.06%
State Government of Uttar Pradesh 7.51% 27.03.2038 SDL SOV 0.05%
State Government of Tamilnadu 7.43% 08.05.2034 SDL SOV 0.02%
Alternative Investment Funds (AIF)   0.40%
Corporate Debt Market Development Fund   0.40%
Net Cash and Cash Equivalent   0.35%
Grand Total   100.00%
Miscellaneous includes securities with exposure of less than 0.01%
Product Label
Scheme Name
Aditya Birla Sun Life Dynamic Bond Fund
An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and relatively high credit risk.
This product is suitable for investors who are seeking*:
  • Income with capital growth
  • Investments in actively managed portfolio of debt and money market instruments including government securities
Risk-o-meter
Benchmark Risk-o-meter
Nifty Composite Debt Index A-III
*Investors should consult their financial advisors if in doubt whether the product is suitable for them.