Kotak Dynamic Bond Fund delivered 3.9% returns over the last three months and 7.4% CAGR over three years, according to ACE MF data on August 12.
Moneycontrol Desk
August 13, 2026 / 14:55 IST
Kotak Dynamic Bond Fund currently leads the dynamic-bond mutual fund category with a three-month return of 3.9 percent. It is followed by Bandhan Dynamic Bond Fund and ICICI Pru All Seasons Bond Fund, which delivered returns of 3.9 percent and 3.1 percent, respectively, over the same period, according to ACE MF data on August 12.The ranking considers only schemes with assets under management of at least Rs 1,500 crore. Among the top five funds that meet this criterion, ICICI Pru All Seasons Bond Fund has the largest corpus at Rs 13,260.3 crore.The benchmark comparison is also important. Kotak Dynamic Bond Fund was ahead of its benchmark by 3.6 percentage points on a one-year basis, with the benchmark returning 3.4%. It was also ahead of its benchmark by 0.4 percentage points on a three-year basis, with the benchmark returning 7.0%.The leadership shifts in the six-month comparison, where Bandhan Dynamic Bond Fund tops the list with 5.4 percent.The leadership shifts in the one-year comparison, where Bandhan Dynamic Bond Fund tops the list with 7.9 percent.The three-year return table also has Kotak Dynamic Bond Fund in front, with the fund delivering 7.4 percent.The variation across return windows shows why rankings can look different depending on the period being considered. A short-term leader may not always be the same as the fund that has done well over a longer horizon.Table: Top 5 dynamic-bond funds by three-month returnTop 5 dynamic-bond funds by three-month returnFund name3-month return (%)AUM (Rs crore)1-month return (%)6-month return (%)1-year return (%)3-year return (%)Kotak Dynamic Bond Fund3.92,366.30.74.17.07.4Bandhan Dynamic Bond Fund3.91,943.8-0.15.47.97.1ICICI Pru All Seasons Bond Fund3.113,260.30.43.65.97.3Nippon India Dynamic Bond Fund2.83,916.70.83.35.17.4SBI Dynamic Bond Fund2.23,682.10.43.55.36.8Note: The ranking considers only schemes with minimum assets under management of Rs 1,500 crore. Returns and AUM are according to ACE MF data on August 12. One-year and three-year returns are CAGR; one-month, three-month and six-month returns are absolute returns. AUM is in Rs crore.What is a dynamic-bond fund?Dynamic-bond funds can change portfolio duration based on the fund manager’s interest-rate view. Their returns can therefore move with changes in bond yields.