{"id":232479,"date":"2026-09-05T15:12:00","date_gmt":"2026-09-05T09:42:00","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/"},"modified":"2026-09-05T15:12:00","modified_gmt":"2026-09-05T09:42:00","slug":"dsp-dynamic-term-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/","title":{"rendered":"DSP Dynamic Term Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/dsp-dynamic-term-fund-g-direct-plan\">DSP Dynamic Term Fund Direct Growth Plan<\/a> has a current NAV of \u20b93,699.0863 as of 04 Sep 2026, and the scheme\u2019s AUM stands at \u20b9667 Cr. Its 1-year, 3-year and 5-year returns are 3.67%, 6.39% and 5.84% respectively, with a Medium Risk profile. Our view is that this is a relatively steady debt fund for investors who want moderate return potential with lower volatility than equity-style products, though the recent 1-year outcome is still modest.<\/p>\n<p>The fund\u2019s portfolio is led by long-dated government securities, so the return pattern is likely to be shaped more by interest-rate moves than by equity market swings. That can make the path smoother than many growth-oriented funds, but it also means returns may stay uneven when rates and bond prices move against each other.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_DSP_Dynamic_Term\" title=\"Should you BUY or HOLD DSP Dynamic Term?\">Should you BUY or HOLD DSP Dynamic Term?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/dsp-dynamic-term-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b93,699.0863 as of 04 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9667 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.53%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>01 Jan 2013<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load after holding period<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Sandeep Yadav, Shantanu Godambe, Kunal Khudania<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Sandeep Yadav, Shantanu Godambe and Kunal Khudania.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>-0.49%<\/td>\n<td>-2.95%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.12%<\/td>\n<td>2.27%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>3.67%<\/td>\n<td>-4.43%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>6.39%<\/td>\n<td>5.88%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>5.84%<\/td>\n<td>6.29%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent 1-month and 3-month numbers suggest a fund that has stayed fairly restrained, with a mild dip over the latest month and a modest rebound over three months. That is consistent with a debt scheme that can move in a narrow band rather than delivering sharp short-term jumps. The 1-year return is better than the benchmark\u2019s negative 1-year reading, so the fund has held up better than the index over the most recent full-year window.<\/p>\n<p>Over the 3-year period, the fund has returned 6.39%, which is slightly ahead of the benchmark\u2019s 5.88%. That tells us the medium-term compounding profile has been constructive, even if the edge is not large. The 5-year return of 5.84% is a touch below the benchmark\u2019s 6.29%, so the longer horizon does not show the same outperformance that appears in the 1-year and 3-year periods.<\/p>\n<p>The pattern across periods points to an uneven but controlled ride. Recent monthly behaviour does not look materially different from the broader picture: the fund appears designed more for capital preservation and measured accrual than for dramatic bursts of performance. For investors, that means the main question is not whether the fund can swing sharply higher, but whether its steadier debt profile matches the return pace they are comfortable with.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_DSP_Dynamic_Term\"><\/span>Should you BUY or HOLD DSP Dynamic Term?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding DSP Dynamic Term? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/dsp-dynamic-term-fund-g-direct-plan\">DSP Dynamic Term Fund Direct Growth Plan<\/a><\/td>\n<td>3.67%<\/td>\n<td>6.39%<\/td>\n<td>5.84%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-dynamic-term-fund-g-direct-plan\">Bandhan Dynamic Term Fund Direct Growth Plan<\/a><\/td>\n<td>7.47%<\/td>\n<td>7.66%<\/td>\n<td>6.13%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-dynamic-term-fund-g-direct-plan\">Kotak Dynamic Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.92%<\/td>\n<td>7.87%<\/td>\n<td>6.65%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-dynamic-term-fund-g-direct-plan\">Axis Dynamic Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.82%<\/td>\n<td>7.52%<\/td>\n<td>6.32%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/360-one-dynamic-term-fund-g-direct-plan\">360 ONE Dynamic Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.63%<\/td>\n<td>8.19%<\/td>\n<td>6.9%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-dynamic-term-fund-g-direct-plan\">Aditya Birla SL Dynamic Term Fund Direct Growth Plan<\/a><\/td>\n<td>6.31%<\/td>\n<td>7.72%<\/td>\n<td>7.28%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>On the latest 1-year view, this fund trails the stronger peer figures available here, which makes the recent return profile look softer than the group\u2019s better outcomes. The gap is not only in the short term; the 3-year and 5-year numbers also sit below several peer funds with available data, especially on the 5-year measure.<\/p>\n<p>That said, the peer set tells a mixed story because the fund\u2019s 3-year number is still better than its 5-year number, and the same is true for some peers as well. So while the fund does not stand out on the available return measures, the comparison suggests a more moderate return path rather than a pronounced weakness across all horizons. For a debt investor, that may matter more than chasing the highest recent number.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>7.24% GOI 18082055<\/td>\n<td>Government Securities<\/td>\n<td>12.05%<\/td>\n<\/tr>\n<tr>\n<td>7.71% GOI 18052066<\/td>\n<td>Government Securities<\/td>\n<td>11.62%<\/td>\n<\/tr>\n<tr>\n<td>6.94% GOI 11052036<\/td>\n<td>Government Securities<\/td>\n<td>11.5%<\/td>\n<\/tr>\n<tr>\n<td>6.90% GOI 15042065<\/td>\n<td>Government Securities<\/td>\n<td>11.2%<\/td>\n<\/tr>\n<tr>\n<td>Power Finance Corporation Ltd**<\/td>\n<td>Corporate Debt<\/td>\n<td>7.91%<\/td>\n<\/tr>\n<tr>\n<td>State Bank of India**<\/td>\n<td>Corporate Debt<\/td>\n<td>7.53%<\/td>\n<\/tr>\n<tr>\n<td>7.43% Maharashtra SDL 03122040<\/td>\n<td>Government Securities<\/td>\n<td>7.5%<\/td>\n<\/tr>\n<tr>\n<td>7.17% GOI 17042030<\/td>\n<td>Government Securities<\/td>\n<td>6.27%<\/td>\n<\/tr>\n<tr>\n<td>Torrent Pharmaceuticals Ltd**<\/td>\n<td>Corporate Debt<\/td>\n<td>3.88%<\/td>\n<\/tr>\n<tr>\n<td>Small Industries Development Bank of India**<\/td>\n<td>Corporate Debt<\/td>\n<td>3.79%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top 10 holdings account for approximately 83.25% of the portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/dsp-dynamic-term-fund-g-direct-plan\">DSP Dynamic Term Fund Direct Growth Plan<\/a> page<\/p>\n<p>The largest holding, 7.24% GOI 18082055, carries a 12.05% weight, so it is sizeable but not dominant on its own. The next few positions are also meaningful, with several government securities each above 11%, which means the portfolio is built around a cluster of large fixed-income positions rather than one outsized bet.<\/p>\n<p>The drop from the largest holding to the tenth holding is noticeable, moving from 12.05% to 3.79%. That slope suggests the portfolio is more concentrated at the top than at the bottom, while still retaining enough spread to avoid relying on a single issue. The mix of government securities and corporate debt may also help balance different interest-rate and credit exposures.<\/p>\n<p>With 18 disclosed holdings and the top 10 already accounting for about 83.25% of the portfolio, the fund appears fairly concentrated in a small set of positions. That concentration could make portfolio outcomes more sensitive to rate changes in the larger sovereign holdings, while the remaining tail may contribute diversification without materially changing the overall profile.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund suits investors who are comfortable with medium risk and want a debt-oriented allocation that can still move with interest-rate cycles. The 1-year result is modest, but the 3-year record is steadier and the 5-year outcome shows that long-run gains may be more restrained than the stronger peer figures available in the same universe.<\/p>\n<p>The main trade-off is that the portfolio\u2019s higher concentration in sovereign securities may support stability, but it does not guarantee standout returns in every period. A longer holding horizon is more sensible here than a short-term return chase, especially for investors who value a measured path over large swings.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> No exit load after holding period.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 04 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of DSP Dynamic Term Fund Direct Growth Plan?<\/strong><br \/>Its current NAV is \u20b93,699.0863 as of 04 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s 1-year return is 3.67%, its 3-year return is 6.39%, and its 5-year return is 5.84%.<\/p>\n<p><strong>How has it performed versus the benchmark?<\/strong><br \/>It has beaten the benchmark over 1 year and 3 years, but it is slightly behind the benchmark over 5 years.<\/p>\n<p><strong>How does it compare with peer funds on returns?<\/strong><br \/>Its available 1-year, 3-year and 5-year figures are lower than several peer funds in this comparison set, especially on the 1-year measure.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b9100.<\/p>\n<p><strong>What should investors know about risk, portfolio and exit load?<\/strong><br \/>The fund carries a Medium Risk label and is concentrated in government securities and a smaller set of corporate debt holdings. There is no exit load after the holding period.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>DSP Dynamic Term Fund Direct Growth Plan looks like a measured debt fund rather than a return-chasing one. The recent 1-year result is softer than some peer figures, while the 3-year record is better than the benchmark and the 5-year outcome remains more subdued. Its portfolio is concentrated in large government securities, which may support stability but also keeps the fund closely tied to interest-rate moves. For investors seeking a medium-risk debt allocation with a steady profile, that combination may be suitable if the return trade-off is acceptable.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 5 September 2026 at 3:10 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"DSP Dynamic Term Fund Direct Growth Plan\",\"identifier\":\"dsp-dynamic-term-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"01 Jan 2013\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":3699.0863,\"valueReference\":\"as of 04 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"667 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.53\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":3.67},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":6.39},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":5.84},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Sandeep Yadav, Shantanu Godambe, Kunal Khudania\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of DSP Dynamic Term Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its current NAV is \u20b93,699.0863 as of 04 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year return is 3.67%, its 3-year return is 6.39%, and its 5-year return is 5.84%.\"}},{\"@type\":\"Question\",\"name\":\"How has it performed versus the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has beaten the benchmark over 1 year and 3 years, but it is slightly behind the benchmark over 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its available 1-year, 3-year and 5-year figures are lower than several peer funds in this comparison set, especially on the 1-year measure.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"What should investors know about risk, portfolio and exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund carries a Medium Risk label and is concentrated in government securities and a smaller set of corporate debt holdings. There is no exit load after the holding period.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DSP Dynamic Term Fund Direct Growth Plan has a current NAV of \u20b93,699.0863 as of 04 Sep 2026. Its 1-year, 3-year and 5-year returns are 3.67%, 6.39% and 5.84% with a Medium Risk profile.<\/p>\n","protected":false},"author":29,"featured_media":232478,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-232479","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["232478"],"rank_math_title":["DSP Dynamic Term Fund: NAV, Returns &amp; Review"],"rank_math_description":["DSP Dynamic Term Fund Direct Growth Plan NAV is \u20b93,699.0863 as of 04 Sep 2026; 1Y return is 3.67% and 5Y return is 5.84%."],"rank_math_focus_keyword":["DSP Dynamic Term Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/DSP_Dynamic_Term_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=232479"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/232479\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/232478"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=232479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=232479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=232479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}