SBI Corporate Bond Fund vs SBI Dynamic Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
SBI Corporate Bond Fund is a Corporate Bond fund and SBI Dynamic Term Fund is a Dynamic Bond fund. In the 3 years to 30-10-2026, SBI Corporate Bond Fund (Direct) returned 7.0% a year and SBI Dynamic Term Fund (Direct) returned 7.4% a year. SBI Corporate Bond Fund charges 0.37% a year and SBI Dynamic Term Fund 0.64% (Direct plans). Their portfolios overlap 18.1%: they hold 7 of the same securities.
SBI Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.0%
- Expense ratio
- 0.37%
- NAV
- ₹16.98
SBI Dynamic Term Fund
Dynamic Bond
- 3 year return
- 7.4%
- Expense ratio
- 0.64%
- NAV
- ₹41.53
Which is better, SBI Corporate Bond 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 6.2%.
- SBI Dynamic Term returned more over 3 years: 7.4% a year against 7.0%.
- SBI Corporate Bond costs less: 0.37% a year against 0.64% (Direct plans).
- SBI Corporate Bond swung less over 3 years: a standard deviation of 1.1% a year against 1.9%.
- SBI Corporate Bond fell less in its worst fall since 08-02-2019: −2.9% against −3.2%.
- SBI Corporate Bond is the larger fund: ₹21,803 Cr against ₹3,502 Cr.
- Their portfolios overlap 18.1%: 7 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 | SBI Corporate Bond Fund | SBI Dynamic Term Fund |
|---|---|---|
| Fund house | SBI Mutual Fund | SBI Mutual Fund |
| Category | Corporate Bond | Dynamic Bond |
| AUM | ₹21,803 Cr (30-09-2026) | ₹3,502 Cr (30-09-2026) |
| NAV | ₹16.98 (Direct) | ₹41.53 (Direct) |
| Expense ratio (Direct) | 0.37% | 0.64% |
| Expense ratio (Regular) | 0.76% | 1.37% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
SBI Corporate Bond 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 |
|---|---|---|---|---|---|---|---|
| SBI Corporate Bond Fund (Direct) | −0.22% | +0.07% | +2.31% | +3.84% | +6.99% | +6.20% | -- |
| SBI Dynamic Term Fund (Direct) | +0.08% | +0.34% | +2.58% | +5.03% | +7.43% | +6.79% | +7.44% |
| Corporate Bond average | −0.24% | +0.05% | +2.31% | +4.00% | +7.02% | +6.20% | -- |
| Dynamic Bond average | −0.48% | −0.66% | +1.80% | +3.05% | +6.70% | +5.98% | +6.68% |
Category average: the average of the 21 Corporate Bond funds and the 22 Dynamic Bond funds, same plan type.
SBI Corporate Bond vs SBI Dynamic Term: Year-wise Returns
| Year | Corporate BondSBI Corporate Bond | Dynamic TermSBI Dynamic Term |
|---|---|---|
| 2026to date | +3.09% | +4.54% |
| 2025 | +8.17% | +6.29% |
| 2024 | +8.41% | +9.55% |
| 2023 | +7.11% | +7.96% |
| 2022 | +3.76% | +4.99% |
| 2021 | +3.36% | +2.74% |
SBI Corporate Bond vs SBI Dynamic Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,153 of them, one for each trading day from 08-02-2022 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.
SBI Corporate Bond Fund (Direct)
SBI Dynamic Term Fund (Direct)
to
Jun 2022Apr 2020
to
Apr 2023Feb 2021
to
Feb 2024Nov 2021
to
Nov 2024Sept 2022
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SBI Corporate Bond | 0.0 | 10.3 | 89.7 | 0.0 | 0.0 | 0.0 | 0.0 | 6.5% | 6.4% | 4.6% | 8.2% |
| SBI Dynamic Term | 0.0 | 2.6 | 97.4 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0% | 7.2% | 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 08-02-2019. Past returns do not promise future returns.
SBI Corporate Bond 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 08-02-2019 to 30-10-2026: 93 instalments, ₹9,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| SBI Corporate BondSBI Corporate Bond Fund (Direct) | ₹9,30,000 | ₹11,97,129 | ₹2,67,129 | 6.4% |
| SBI Dynamic TermSBI Dynamic Term Fund (Direct) | ₹9,30,000 | ₹12,16,675 | ₹2,86,675 | 6.8% |
SBI Corporate BondSBI Corporate Bond 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.
SBI Corporate Bond vs SBI Dynamic Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | SBI Corporate Bond Fund (Direct) | SBI Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.84% | +5.03% |
| Standard deviation | 1.30% | 1.43% |
| Sharpe ratio | -1.08 | -0.15 |
| Sortino ratio | -1.45 | -0.22 |
| Maximum drawdown | −0.8% (02-04-2026) | −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 | SBI Corporate Bond Fund (Direct) | SBI Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.99% | +7.43% |
| Standard deviation | 1.09% | 1.94% |
| Sharpe ratio | 0.89 | 0.72 |
| Sortino ratio | 1.30 | 1.05 |
| Maximum drawdown | −0.8% (02-04-2026) | −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 | SBI Corporate Bond Fund (Direct) | SBI Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.20% | +6.79% |
| Standard deviation | 0.99% | 1.88% |
| Sharpe ratio | 0.40 | 0.53 |
| Sortino ratio | 0.55 | 0.78 |
| Maximum drawdown | −0.9% (09-05-2022) | −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 | SBI Corporate Bond Fund (Direct) | SBI Dynamic Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.04% | +7.98% |
| Standard deviation | 1.62% | 3.26% |
| Sharpe ratio | 1.14 | 0.59 |
| Sortino ratio | 1.91 | 0.86 |
| Maximum drawdown | −2.9% (23-03-2020) | −8.9% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 08-02-2019 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.
SBI Corporate Bond 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 |
|---|---|---|---|---|---|---|
| SBI Corporate Bond Fund (Direct) | −2.9% | 06-03-2020 | 23-03-2020 | 31-03-2020 | 8 days | −0.5% |
| SBI Dynamic Term Fund (Direct) | −3.2% | 09-03-2020 | 19-03-2020 | 20-04-2020 | 32 days | −0.1% |
From daily values since 08-02-2019, 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.
SBI Corporate Bond 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.
SBI Corporate Bond 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.
SBI Corporate Bond Fund (Direct)
SBI Dynamic Term Fund (Direct)
SBI Corporate Bond vs SBI Dynamic Term: Portfolio Overlap
From each fund's latest monthly portfolio: SBI Corporate Bond Fund, September 2026; SBI Dynamic Term Fund, September 2026
Holdings in common
- Overlap
- 18.1%
- Held by both
- 7
- Only in SBI Corporate Bond
- 70
- Only in SBI Dynamic Term
- 12
| Security | % of SBI Corporate Bond | % of SBI Dynamic Term |
|---|---|---|
| Bajaj Finance Ltd. | 5.18% | 5.70% |
| 6.94% CGL 2036 | 4.51% | 19.66% |
| Siddhivinayak Securitisation Trust (Obligor - Digital Fibre Infrastructure Trust) | 3.26% | 2.73% |
| National Bank for Agriculture and Rural Development | 2.31% | 6.30% |
| Shivshakti Securitisation Trust (Obligor - Digital Fibre Infrastructure Trust) | 2.56% | 2.04% |
| Summit Digitel Infrastructure Pvt. Ltd. | 1.01% | 4.37% |
| Corporate Debt Market Development Fund-A2 | 0.34% | 0.37% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 18.1% means 18.1% 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 SBI Corporate Bond Fund
| Security | % of fund |
|---|---|
| Pipeline Infrastructure Pvt Ltd. | 3.83% |
| TVS Motor Company Ltd. | 3.06% |
| LIC Housing Finance Ltd. | 2.64% |
| Small Industries Development Bank of India | 2.62% |
| India Universal Trust AL2 (Obligor - HDFC Bank Ltd.) | 2.60% |
Largest holdings only in SBI Dynamic Term Fund
| Security | % of fund |
|---|---|
| HDFC Bank Ltd. | 9.80% |
| 7.28% State Government of Andhra Pradesh 2032 | 7.02% |
| Union Bank of India | 5.60% |
| REC Ltd. | 3.57% |
| National Highways Infra Trust | 3.31% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | SBI Corporate Bond | SBI Dynamic Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 90.5% | 82.7% |
| Cash and others | 9.5% | 17.3% |
SBI Corporate Bond vs SBI Dynamic Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | SBI Corporate Bond Fund | SBI Dynamic Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.37% | 0.64% |
| Base expense ratio (Direct) | 0.31% | 0.53% |
| Total expense ratio (Regular) | 0.76% | 1.37% |
| Base expense ratio (Regular) | 0.64% | 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 SBI Corporate Bond with
SBI Corporate Bond Fund vs SBI Dynamic Term Fund: Frequently Asked Questions
What is the difference between SBI Corporate Bond Fund and SBI Dynamic Term Fund?
SBI Corporate Bond Fund is a Corporate Bond fund, SBI Dynamic Term Fund is a Dynamic Bond fund, run by SBI Mutual Fund. Their portfolios overlap 18.1%. SBI Corporate Bond Fund charges 0.37% a year and SBI Dynamic Term Fund 0.64%.
Which has given higher returns, SBI Corporate Bond Fund or SBI Dynamic Term Fund?
Over 1 year: SBI Corporate Bond Fund +3.84%, SBI Dynamic Term Fund +5.03%. Over 3 years: SBI Corporate Bond Fund +6.99% a year, SBI Dynamic Term Fund +7.43% a year. Over 5 years: SBI Corporate Bond Fund +6.20% 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, SBI Corporate Bond Fund or SBI Dynamic Term Fund?
SBI Corporate Bond Fund charges less: 0.37% a year against 0.64%. These are the Direct plans' total expense ratios reported to AMFI.
How much do SBI Corporate Bond Fund and SBI Dynamic Term Fund overlap?
18.1%. They hold 7 of the same securities, the largest shared ones being Bajaj Finance Ltd., 6.94% CGL 2036, Siddhivinayak Securitisation Trust (Obligor - Digital Fibre Infrastructure Trust). From each fund's latest monthly portfolio.
Which is better for SIP, SBI Corporate Bond 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 ₹7,19,551 in SBI Corporate Bond Fund (XIRR 6.4% 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 SBI Corporate Bond Fund and SBI Dynamic Term Fund?
Yes. 18.1% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.