Groww Dynamic Term Fund vs SBI Dynamic Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Groww Dynamic Term Fund and SBI Dynamic Term Fund are both Dynamic Bond funds. In the 3 years to 30-10-2026, Groww Dynamic Term Fund (Direct) returned 5.7% a year and SBI Dynamic Term Fund (Direct) returned 7.4% a year. Groww Dynamic Term Fund charges 0.45% a year and SBI Dynamic Term Fund 0.64% (Direct plans). Their portfolios overlap 0.7%: they hold 2 of the same securities.
Groww Dynamic Term Fund
Dynamic Bond
- 3 year return
- 5.7%
- Expense ratio
- 0.45%
- NAV
- ₹1,578.44
SBI Dynamic Term Fund
Dynamic Bond
- 3 year return
- 7.4%
- Expense ratio
- 0.64%
- NAV
- ₹41.53
Which is better, Groww Dynamic Term or SBI Dynamic Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Dynamic Term returned more over 5 years: 6.8% a year against 5.0%.
- SBI Dynamic Term returned more over 3 years: 7.4% a year against 5.7%.
- Groww Dynamic Term costs less: 0.45% a year against 0.64% (Direct plans).
- SBI Dynamic Term swung less over 3 years: a standard deviation of 1.9% a year against 2.0%.
- Groww Dynamic Term fell less in its worst fall since 06-12-2018: −2.3% against −3.2%.
- SBI Dynamic Term is the larger fund: ₹3,502 Cr against ₹25 Cr.
- Their portfolios overlap 0.7%: 2 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Groww Dynamic Term Fund | SBI Dynamic Term Fund |
|---|---|---|
| Fund house | Groww Mutual Fund | SBI Mutual Fund |
| Category | Dynamic Bond | Dynamic Bond |
| AUM | ₹25 Cr (30-09-2026) | ₹3,502 Cr (30-09-2026) |
| NAV | ₹1,578.44 (Direct) | ₹41.53 (Direct) |
| Expense ratio (Direct) | 0.45% | 0.64% |
| Expense ratio (Regular) | 1.36% | 1.37% |
| Riskometer | Moderate | Not available |
| Benchmark | CRISIL Dynamic Bond A-III Index | Not available |
| Launch date | 06-12-2018 | Not available |
| Minimum investment | ₹500 | Not available |
| Lock in | None | Not available |
| Fund managers | Kaustubh Sule, Wilfred Gonsalves | Not available |
| Exit load | Nil | Not available |
Groww Dynamic Term vs SBI Dynamic Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Groww Dynamic Term Fund (Direct) | −0.19% | +0.31% | +1.95% | +2.92% | +5.72% | +5.04% | -- |
| SBI Dynamic Term Fund (Direct) | +0.08% | +0.34% | +2.58% | +5.03% | +7.43% | +6.79% | +7.44% |
| Dynamic Bond average | −0.48% | −0.66% | +1.80% | +3.05% | +6.70% | +5.98% | +6.68% |
Category average: the average of the 22 Dynamic Bond funds, same plan type.
Groww Dynamic Term vs SBI Dynamic Term: Year-wise Returns
| Year | GrowwGroww Dynamic Term | SBISBI Dynamic Term |
|---|---|---|
| 2026to date | +2.32% | +4.54% |
| 2025 | +4.87% | +6.29% |
| 2024 | +7.91% | +9.55% |
| 2023 | +6.25% | +7.96% |
| 2022 | +3.24% | +4.99% |
| 2021 | +4.07% | +2.74% |
Groww Dynamic Term vs SBI Dynamic Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,188 of them, one for each trading day from 06-12-2021 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Groww Dynamic Term Fund (Direct)
SBI Dynamic Term Fund (Direct)
to
Apr 2022Feb 2020
to
Feb 2023Dec 2020
to
Dec 2023Oct 2021
to
Oct 2024Aug 2022
to
Aug 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Groww Dynamic Term | 0.0 | 22.8 | 77.2 | 0.0 | 0.0 | 0.0 | 0.0 | 5.7% | 5.6% | 4.2% | 7.7% |
| SBI Dynamic Term | 0.0 | 2.5 | 97.5 | 0.0 | 0.0 | 0.0 | 0.0 | 7.1% | 7.3% | 4.7% | 9.5% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 06-12-2018. Past returns do not promise future returns.
Groww Dynamic Term vs SBI Dynamic Term: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 06-12-2018 to 30-10-2026: 95 instalments, ₹9,50,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Groww Dynamic TermGroww Dynamic Term Fund (Direct) | ₹9,50,000 | ₹11,71,835 | ₹2,21,835 | 5.2% |
| SBI Dynamic TermSBI Dynamic Term Fund (Direct) | ₹9,50,000 | ₹12,52,656 | ₹3,02,656 | 6.9% |
Groww Dynamic TermGroww Dynamic Term Fund (Direct)
SBI Dynamic TermSBI Dynamic Term Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Groww Dynamic Term vs SBI Dynamic Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Groww Dynamic Term Fund (Direct) | SBI Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.92% | +5.03% |
| Standard deviation | 1.72% | 1.43% |
| Sharpe ratio | -1.35 | -0.15 |
| Sortino ratio | -1.73 | -0.22 |
| Maximum drawdown | −0.8% (10-12-2025) | −0.8% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Groww Dynamic Term Fund (Direct) | SBI Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.72% | +7.43% |
| Standard deviation | 2.01% | 1.94% |
| Sharpe ratio | -0.15 | 0.72 |
| Sortino ratio | -0.21 | 1.05 |
| Maximum drawdown | −2.3% (26-08-2025) | −1.6% (26-08-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Groww Dynamic Term Fund (Direct) | SBI Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.04% | +6.79% |
| Standard deviation | 1.71% | 1.88% |
| Sharpe ratio | -0.44 | 0.53 |
| Sortino ratio | -0.60 | 0.78 |
| Maximum drawdown | −2.3% (26-08-2025) | −1.6% (26-08-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Groww Dynamic Term Fund (Direct) | SBI Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.94% | +7.98% |
| Standard deviation | 1.82% | 3.26% |
| Sharpe ratio | 0.39 | 0.59 |
| Sortino ratio | 0.57 | 0.86 |
| Maximum drawdown | −2.3% (26-08-2025) | −8.9% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 06-12-2018 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Groww Dynamic Term Fund (Direct)
SBI Dynamic Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Groww Dynamic Term Fund (Direct) | −2.3% | 28-05-2025 | 26-08-2025 | 15-10-2025 | 50 days | −0.4% |
| SBI Dynamic Term Fund (Direct) | −3.2% | 09-03-2020 | 19-03-2020 | 20-04-2020 | 32 days | −0.1% |
From daily values since 06-12-2018, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Groww Dynamic Term Fund (Direct)
SBI Dynamic Term Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Groww Dynamic Term Fund (Direct)
SBI Dynamic Term Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Groww Dynamic Term Fund (Direct)
SBI Dynamic Term Fund (Direct)
Groww Dynamic Term vs SBI Dynamic Term: Portfolio Overlap
From each fund's latest monthly portfolio: Groww Dynamic Term Fund, September 2026; SBI Dynamic Term Fund, September 2026
Holdings in common
- Overlap
- 0.7%
- Held by both
- 2
- Only in Groww Dynamic Term
- 8
- Only in SBI Dynamic Term
- 17
| Security | % of Groww Dynamic Term | % of SBI Dynamic Term |
|---|---|---|
| Corporate Debt Market Development Fund Class A2 | 0.88% | 0.37% |
| SIDBI 18-FEB-2027 | 11.09% | 0.28% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 0.7% means 0.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Groww Dynamic Term Fund
| Security | % of fund |
|---|---|
| 7.71% GOI 18-May-2066 | 29.45% |
| NABARD 18-MAR-2027 | 11.41% |
| Indian Bank 22-JAN-2027 | 10.77% |
| 7.725% Larsen & Toubro Limited 28-APR-2028 | 3.93% |
| 7.35% EXIM Bank 27-JUL-2028 | 3.91% |
Largest holdings only in SBI Dynamic Term Fund
| Security | % of fund |
|---|---|
| 6.94% CGL 2036 | 19.66% |
| HDFC Bank Ltd. | 9.80% |
| 7.28% State Government of Andhra Pradesh 2032 | 7.02% |
| National Bank for Agriculture and Rural Development | 6.30% |
| Bajaj Finance Ltd. | 5.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Groww Dynamic Term | SBI Dynamic Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 75.6% | 82.7% |
| Cash and others | 24.4% | 17.3% |
Groww Dynamic Term vs SBI Dynamic Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Groww Dynamic Term Fund | SBI Dynamic Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.45% | 0.64% |
| Base expense ratio (Direct) | 0.37% | 0.53% |
| Total expense ratio (Regular) | 1.36% | 1.37% |
| Base expense ratio (Regular) | 1.17% | 1.15% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Groww Dynamic Term with
Groww Dynamic Term Fund vs SBI Dynamic Term Fund: Frequently Asked Questions
What is the difference between Groww Dynamic Term Fund and SBI Dynamic Term Fund?
Both are Dynamic Bond funds, run by Groww Mutual Fund and SBI Mutual Fund. Their portfolios overlap 0.7%. Groww Dynamic Term Fund charges 0.45% a year and SBI Dynamic Term Fund 0.64%.
Which has given higher returns, Groww Dynamic Term Fund or SBI Dynamic Term Fund?
Over 1 year: Groww Dynamic Term Fund +2.92%, SBI Dynamic Term Fund +5.03%. Over 3 years: Groww Dynamic Term Fund +5.72% a year, SBI Dynamic Term Fund +7.43% a year. Over 5 years: Groww Dynamic Term Fund +5.04% a year, SBI Dynamic Term Fund +6.79% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Groww Dynamic Term Fund or SBI Dynamic Term Fund?
Groww Dynamic Term Fund charges less: 0.45% a year against 0.64%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Groww Dynamic Term Fund and SBI Dynamic Term Fund overlap?
0.7%. They hold 2 of the same securities, the largest shared ones being Corporate Debt Market Development Fund Class A2, SIDBI 18-FEB-2027. From each fund's latest monthly portfolio.
Which is better for SIP, Groww Dynamic Term Fund or SBI Dynamic Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,93,506 in Groww Dynamic Term Fund (XIRR 5.0% a year) and ₹7,27,046 in SBI Dynamic Term Fund (XIRR 6.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Groww Dynamic Term Fund and SBI Dynamic Term Fund?
Yes. 0.7% of each fund's money sits in the same holdings, so the two hold mostly different investments.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.