LIC MF Nifty 8-13 yr G-Sec ETF vs PGIM India Dynamic Term Fund
Direct Plan where a fund has one, Growth option · Data as on 30-10-2026
LIC MF Nifty 8-13 yr G-Sec ETF is an ETF fund and PGIM India Dynamic Term Fund is a Dynamic Bond fund. In the 3 years to 30-10-2026, LIC MF Nifty 8-13 yr G-Sec ETF returned 6.4% a year and PGIM India Dynamic Term Fund (Direct) returned 6.8% a year. LIC MF Nifty 8-13 yr G-Sec ETF charges 0.17% a year and PGIM India Dynamic Term Fund 0.49%. Their portfolios overlap 21.4%: they hold 3 of the same securities.
LIC MF Nifty 8-13 yr G-Sec ETF
ETF
- 3 year return
- 6.4%
- Expense ratio
- 0.17%
- NAV
- ₹28.77
PGIM India Dynamic Term Fund
Dynamic Bond
- 3 year return
- 6.8%
- Expense ratio
- 0.49%
- NAV
- ₹3,095.43
Which is better, LIC MF Nifty 8-13 yr G-Sec ETF or PGIM India 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.
- PGIM India Dynamic Term returned more over 5 years: 6.0% a year against 5.2%.
- PGIM India Dynamic Term returned more over 3 years: 6.8% a year against 6.4%.
- LIC MF Nifty 8-13 yr G-Sec ETF costs less: 0.17% a year against 0.49%.
- PGIM India Dynamic Term swung less over 3 years: a standard deviation of 2.2% a year against 2.7%.
- PGIM India Dynamic Term fell less in its worst fall since 26-12-2014: −3.4% against −5.0%.
- LIC MF Nifty 8-13 yr G-Sec ETF is the larger fund: ₹1,704 Cr against ₹78 Cr.
- Their portfolios overlap 21.4%: 3 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 | LIC MF Nifty 8-13 yr G-Sec ETF | PGIM India Dynamic Term Fund |
|---|---|---|
| Fund house | LIC Mutual Fund | PGIM India Mutual Fund |
| Category | ETF | Dynamic Bond |
| AUM | ₹1,704 Cr (30-09-2026) | ₹78 Cr (30-09-2026) |
| NAV | ₹28.77 | ₹3,095.43 (Direct) |
| Expense ratio (Direct) | Not available | 0.49% |
| Expense ratio (Regular) | Not available | 1.68% |
| Riskometer | Moderate | Low to Moderate |
| Benchmark | Nifty 8-13 yr G-Sec | CRISIL Dynamic Bond A-III Index |
| Launch date | 24-12-2014 | 12-01-2012 |
| Minimum investment | For Subscription of units directly with Mutual Fund: All direct transactions in units of the Scheme by MMs/APs or other eligible investors with the AMC/the Fund shall be at intra-day NAV based on the actual execution price of the underlying portfolio. Any | ₹5,000 |
| Lock in | None | None |
| Fund managers | Pratik Harish Shroff, Rahul Singh | Puneet Pal, and Mr. Akhil Dhar |
| Exit load | Nil | NIL |
LIC MF Nifty 8-13 yr G-Sec ETF vs PGIM India 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 |
|---|---|---|---|---|---|---|---|
| LIC MF Nifty 8-13 yr G-Sec ETF | −1.06% | −2.37% | +0.66% | +0.96% | +6.43% | +5.24% | +5.86% |
| PGIM India Dynamic Term Fund (Direct) | −0.28% | −0.62% | +1.62% | +2.22% | +6.79% | +5.98% | +7.20% |
| 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.
LIC MF Nifty 8-13 yr G-Sec ETF vs PGIM India Dynamic Term: Year-wise Returns
| Year | LIC MF Nifty 8-13 yr G-Sec ETFLIC MF Nifty 8-13 yr G-Sec ETF | PGIM India Dynamic TermPGIM India Dynamic Term |
|---|---|---|
| 2026to date | +0.20% | +1.73% |
| 2025 | +7.19% | +6.51% |
| 2024 | +9.49% | +10.38% |
| 2023 | +7.94% | +7.47% |
| 2022 | +0.93% | +3.62% |
| 2021 | +1.55% | +3.59% |
LIC MF Nifty 8-13 yr G-Sec ETF vs PGIM India Dynamic Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,141 of them, one for each trading day from 26-12-2017 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.
LIC MF Nifty 8-13 yr G-Sec ETF
PGIM India Dynamic Term Fund (Direct)
to
Sept 2018Mar 2017
to
Mar 2020Sept 2018
to
Sept 2021Mar 2020
to
Mar 2023Sept 2021
to
Sept 2024Feb 2023
to
Feb 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LIC MF Nifty 8-13 yr G-Sec ETF | 0.0 | 23.4 | 75.6 | 1.0 | 0.0 | 0.0 | 0.0 | 6.7% | 6.9% | 2.8% | 10.2% |
| PGIM India Dynamic Term | 0.0 | 5.9 | 93.0 | 1.2 | 0.0 | 0.0 | 0.0 | 7.8% | 8.1% | 4.4% | 10.3% |
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 26-12-2014. Past returns do not promise future returns.
LIC MF Nifty 8-13 yr G-Sec ETF vs PGIM India 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 26-12-2014 to 30-10-2026: 143 instalments, ₹14,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| LIC MF Nifty 8-13 yr G-Sec ETFLIC MF Nifty 8-13 yr G-Sec ETF | ₹14,30,000 | ₹20,62,800 | ₹6,32,800 | 6.0% |
| PGIM India Dynamic TermPGIM India Dynamic Term Fund (Direct) | ₹14,30,000 | ₹21,86,294 | ₹7,56,294 | 6.9% |
LIC MF Nifty 8-13 yr G-Sec ETFLIC MF Nifty 8-13 yr G-Sec ETF
PGIM India Dynamic TermPGIM India 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.
LIC MF Nifty 8-13 yr G-Sec ETF vs PGIM India Dynamic Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | LIC MF Nifty 8-13 yr G-Sec ETF | PGIM India Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +0.96% | +2.22% |
| Standard deviation | 3.31% | 2.09% |
| Sharpe ratio | -1.30 | -1.45 |
| Sortino ratio | -1.76 | -1.95 |
| Maximum drawdown | −3.4% (23-10-2026) | −1.5% (23-10-2026) |
| 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 | LIC MF Nifty 8-13 yr G-Sec ETF | PGIM India Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.43% | +6.79% |
| Standard deviation | 2.71% | 2.19% |
| Sharpe ratio | 0.15 | 0.35 |
| Sortino ratio | 0.21 | 0.51 |
| Maximum drawdown | −3.4% (23-10-2026) | −1.9% (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 | LIC MF Nifty 8-13 yr G-Sec ETF | PGIM India Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.24% | +5.98% |
| Standard deviation | 3.17% | 1.86% |
| Sharpe ratio | -0.18 | 0.10 |
| Sortino ratio | -0.24 | 0.14 |
| Maximum drawdown | −4.9% (13-06-2022) | −1.9% (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 | LIC MF Nifty 8-13 yr G-Sec ETF | PGIM India Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.65% | +7.81% |
| Standard deviation | 3.82% | 2.71% |
| Sharpe ratio | 0.26 | 0.65 |
| Sortino ratio | 0.37 | 0.95 |
| Maximum drawdown | −5.0% (22-02-2018) | −4.1% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 26-12-2014 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.
LIC MF Nifty 8-13 yr G-Sec ETF
PGIM India Dynamic Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| LIC MF Nifty 8-13 yr G-Sec ETF | −5.0% | 03-08-2017 | 22-02-2018 | 05-04-2018 | 42 days | −3.0% |
| PGIM India Dynamic Term Fund (Direct) | −3.4% | 09-03-2020 | 23-03-2020 | 23-04-2020 | 31 days | −1.2% |
From daily values since 26-12-2014, 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.
LIC MF Nifty 8-13 yr G-Sec ETF
PGIM India 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.
LIC MF Nifty 8-13 yr G-Sec ETF
PGIM India 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.
LIC MF Nifty 8-13 yr G-Sec ETF
PGIM India Dynamic Term Fund (Direct)
LIC MF Nifty 8-13 yr G-Sec ETF vs PGIM India Dynamic Term: Portfolio Overlap
From each fund's latest monthly portfolio: LIC MF Nifty 8-13 yr G-Sec ETF, September 2026; PGIM India Dynamic Term Fund, September 2026
Holdings in common
- Overlap
- 21.4%
- Held by both
- 3
- Only in LIC MF Nifty 8-13 yr G-Sec ETF
- 0
- Only in PGIM India Dynamic Term
- 12
| Security | % of LIC MF Nifty 8-13 yr G-Sec ETF | % of PGIM India Dynamic Term |
|---|---|---|
| 6.94% Government of India | 58.87% | 16.30% |
| 7.18% Government of India | 15.11% | 5.08% |
| 6.48% Government of India | 25.51% | 0.06% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 21.4% means 21.4% 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 LIC MF Nifty 8-13 yr G-Sec ETF
Every holding of this fund is also held by the other.
Largest holdings only in PGIM India Dynamic Term Fund
| Security | % of fund |
|---|---|
| 6.59% Power Finance Corporation Ltd. | 9.15% |
| 6.65% Indian Railway Finance Corporation Ltd. | 6.77% |
| Canara Bank | 6.24% |
| 6.7% REC Ltd. | 6.17% |
| Punjab National Bank | 4.95% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | LIC MF Nifty 8-13 yr G-Sec ETF | PGIM India Dynamic Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 99.5% | 62.9% |
| Cash and others | 0.5% | 37.1% |
LIC MF Nifty 8-13 yr G-Sec ETF vs PGIM India Dynamic Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | LIC MF Nifty 8-13 yr G-Sec ETF | PGIM India Dynamic Term Fund |
|---|---|---|
| Total expense ratio (Direct) | Not available | 0.49% |
| Base expense ratio (Direct) | 0.00% | 0.40% |
| Total expense ratio (Regular) | Not available | 1.68% |
| Base expense ratio (Regular) | 0.14% | 1.41% |
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
LIC MF Nifty 8-13 yr G-Sec ETF vs PGIM India Dynamic Term Fund: Frequently Asked Questions
What is the difference between LIC MF Nifty 8-13 yr G-Sec ETF and PGIM India Dynamic Term Fund?
LIC MF Nifty 8-13 yr G-Sec ETF is an ETF fund, PGIM India Dynamic Term Fund is a Dynamic Bond fund, run by LIC Mutual Fund and PGIM India Mutual Fund. Their portfolios overlap 21.4%. LIC MF Nifty 8-13 yr G-Sec ETF charges 0.17% a year and PGIM India Dynamic Term Fund 0.49%.
Which has given higher returns, LIC MF Nifty 8-13 yr G-Sec ETF or PGIM India Dynamic Term Fund?
Over 1 year: LIC MF Nifty 8-13 yr G-Sec ETF +0.96%, PGIM India Dynamic Term Fund +2.22%. Over 3 years: LIC MF Nifty 8-13 yr G-Sec ETF +6.43% a year, PGIM India Dynamic Term Fund +6.79% a year. Over 5 years: LIC MF Nifty 8-13 yr G-Sec ETF +5.24% a year, PGIM India Dynamic Term Fund +5.98% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, LIC MF Nifty 8-13 yr G-Sec ETF or PGIM India Dynamic Term Fund?
LIC MF Nifty 8-13 yr G-Sec ETF charges less: 0.17% a year against 0.49%. These are the total expense ratios reported to AMFI.
How much do LIC MF Nifty 8-13 yr G-Sec ETF and PGIM India Dynamic Term Fund overlap?
21.4%. They hold 3 of the same securities, the largest shared ones being 6.94% Government of India, 7.18% Government of India, 6.48% Government of India. From each fund's latest monthly portfolio.
Which is riskier, LIC MF Nifty 8-13 yr G-Sec ETF or PGIM India Dynamic Term Fund?
On SEBI's riskometer, LIC MF Nifty 8-13 yr G-Sec ETF is rated Moderate and PGIM India Dynamic Term Fund Low to Moderate. Over 3 years, the standard deviation of daily returns was 2.71% and 2.19% a year.
Which is better for SIP, LIC MF Nifty 8-13 yr G-Sec ETF or PGIM India Dynamic Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹6,99,243 in LIC MF Nifty 8-13 yr G-Sec ETF (XIRR 5.3% a year) and ₹7,09,671 in PGIM India Dynamic Term Fund (XIRR 5.9% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both LIC MF Nifty 8-13 yr G-Sec ETF and PGIM India Dynamic Term Fund?
Yes. 21.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages LIC MF Nifty 8-13 yr G-Sec ETF and PGIM India Dynamic Term Fund?
LIC MF Nifty 8-13 yr G-Sec ETF: Pratik Harish Shroff, Rahul Singh. PGIM India Dynamic Term Fund: Puneet Pal, and Mr. Akhil Dhar.
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.