MF Gyan
debtLow risk8 years oldSteady vs its 3-year pace

Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Mahindra Manulife Mutual Fund. It's been running since 24 Aug 2018.

Latest price per unit
₹16.388
▲ 0.01% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.06 L
▲ ₹5.6k gain · 5.6% / year
Invested 3 years ago
₹1.25 L
▲ ₹24.5k gain · 7.6% / year
Invested 5 years ago
₹1.34 L
▲ ₹33.9k gain · 6.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.99 L
Gain / loss+₹18.6k
XIRR (annualised)6.81%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.00 L
Projected gain*+₹20.2k
*at this fund's historical rate of 6.81% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 74 other funds in Income/Debt Oriented Schemes - Dynamic Term Fund

Same plan
1-year return
5.65%median 3.48% (+2.16%)
Rank #21 of 75Beats 73% of peers
3-year return
7.59%median 5.23% (+2.36%)
Rank #11 of 75Beats 86% of peers
5-year return
6.01%median 5.38% (+0.63%)
Rank #23 of 75Beats 67% of peers
Bumpiness (3Y)
1.98%median 2.57% (-0.59%)
Rank #18 of 75Less risky than 77% of peers
Worst-ever drop
-2.34%median -7.49% (+5.15%)
Rank #69 of 75Less risky than 8% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 7 of last 7 years were positive.

+7%
2020
+4%
2021
+2%
2022
+7%
2023
+10%
2024
+7%
2025
+4%
2026
Best year
2024 · 9.71%
Worst year
2022 · 1.94%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
2.0%

The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-2.34%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth against other debt funds.

Technical details (for the pros)
CAGR — 1 year5.65%
CAGR — 3 years7.59%
CAGR — 5 years6.01%
CAGR — since launch6.32%
Volatility — 1 year (annualised)1.87%
Volatility — 3 years (annualised)1.98%
Max drawdown — 1 year-0.93%
Max drawdown — 3 years-0.93%
Sharpe ratio — 1 year (rf=6%)-0.14
Sharpe ratio — 3 years (rf=6%)0.82

Fund info

Fund house
Mahindra Manulife Mutual Fund
Category
Income/Debt Oriented Schemes - Dynamic Term Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF174V01580
ISIN (Div re-invest)
—
Fund code
144403
First price on record
24 Aug 2018 · 1,944 daily prices

About Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth

Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth is a Income/Debt Oriented Schemes - Dynamic Term Fund offered by Mahindra Manulife Mutual Fund under the Direct plan with the Growth option. It has approximately 8 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth is ₹16.3880 (as of 4 Sep 2026). Historically, it has delivered 5.64% over the last year, 7.59% CAGR over 3 years, 6.01% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 2.0% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 2.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth?+

The latest NAV of Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth is ₹16.3880 as of 4 Sep 2026, up 0.01% from the previous day. NAV is updated once a business day after the market close.

What are the returns of Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth?+

Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth has delivered 1-year return 5.64%, 3-year CAGR 7.59%, 5-year CAGR 6.01%, since-inception CAGR 6.32%. Returns are historical and don't predict future performance — markets move in cycles.

What category does Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth belong to?+

Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth is categorised as Income/Debt Oriented Schemes - Dynamic Term Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 2.0%, Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth a direct plan?+

Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth?+

Mahindra Manulife Dynamic Term Fund - Direct Plan - Growth has NAV history available from 24 Aug 2018 — approximately 8 years of track record and 1,944 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.