Fund Performance
Lumpsum
SIP
7.22
as on 27 Jul 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 12,324 today.
NAV Performance
Fund Information
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₹ 23.842
as on 27 Jul 2023 -
Regular - Growth
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-
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₹ 5,000
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₹ 25 Cr.
as on 31 May 2023 -
0.75%
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23 Mar 2011
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CRISIL 10 Year Gilt Index
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IDBI Mutual Fund
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Highlights of this fund
IDBI Short Term Bond Fund is an Open-ended Debt Fund. The fund belongs to Short Duration Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 23 Mar 2011. This fund is offered by one of the top AMC (Assets Management Company) IDBI Mutual Fund. You can also view here all other Debt funds offered by IDBI Mutual Fund.
Latest NAV of the fund is ₹ 23.842 as on 27 Jul 2023.
This fund has 12 years of track record. Since 28 Feb 2023 expense ratio of this fund is 0.75%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
The investment objective of the Scheme is to provide investors with regular income by investing in debt and money market instruments, such that the Macaulay duration of the portfolio is maintained between 1 year to 3 years. However, there can be no assurance that the investment objective of the Scheme will be realized.
List of Fund Managers of IDBI Short Term Bond Fund
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About Raju Sharma
Mr. Sharma is a Commerce Graduate and holds a degree of CA and LLB. Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, Indiabulls Mutual Fund, JM Morgan Stanley and DHFL.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderately Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.20% | 0.68% | 3.54% | 11.40% | 12.83% | 15.63% | 11.35% | 7.22% | 7.82% | 7.18% | 11.05% | 12.09% | 8.66% | 7.13% |
| Category Average | 0.15% | 0.45% | 1.36% | 3.09% | 6.23% | 5.32% | 4.73% | 5.76% | 6.88% | 6.13% | 5.94% | 5.38% | 5.58% | 6.20% |
| IDBI Short Term Bond Fund | 0.10%₹ 10,010 | 0.45%₹ 10,045 | 1.39%₹ 10,138 | 3.21%₹ 10,320 | - | - | - | - | - | - | - | - | - | - |
| HDFC Short Term Debt Fund | 0.17%₹ 10,017 | 0.52%₹ 10,051 | 1.41%₹ 10,141 | 2.95%₹ 10,294 | 6.87%₹ 10,687 | 6.75%₹ 12,434 | 5.02%₹ 11,028 | 6.21%₹ 25,570 | 4.75%₹ 11,494 | 5.51%₹ 39,142 | 7.00%₹ 14,028 | 6.04%₹ 69,891 | 7.68%₹ 20,966 | 7.00%₹ 1,72,000 |
| ICICI Prudential Short Term Fund | 0.17%₹ 10,016 | 0.49%₹ 10,049 | 1.60%₹ 10,160 | 3.29%₹ 10,328 | 7.15%₹ 10,714 | 7.18%₹ 12,461 | 5.72%₹ 11,176 | 6.86%₹ 25,734 | 5.23%₹ 11,650 | 6.08%₹ 39,479 | 7.22%₹ 14,177 | 6.42%₹ 70,569 | 7.82%₹ 21,242 | 7.13%₹ 1,73,232 |
| Kotak Bond (short Term) | 0.15%₹ 10,015 | 0.44%₹ 10,044 | 1.27%₹ 10,127 | 2.62%₹ 10,261 | 6.15%₹ 10,614 | 6.14%₹ 12,395 | 4.42%₹ 10,902 | 5.60%₹ 25,413 | 4.14%₹ 11,293 | 4.92%₹ 38,798 | 6.43%₹ 13,657 | 5.39%₹ 68,754 | 7.15%₹ 19,957 | 6.40%₹ 1,66,757 |
| Nippon India Short Term Fund | 0.17%₹ 10,016 | 0.46%₹ 10,046 | 1.38%₹ 10,137 | 2.68%₹ 10,267 | 6.45%₹ 10,644 | 6.38%₹ 12,410 | 4.68%₹ 10,958 | 5.80%₹ 25,463 | 4.67%₹ 11,468 | 5.21%₹ 38,966 | 6.61%₹ 13,778 | 5.69%₹ 69,291 | 7.31%₹ 20,258 | 6.53%₹ 1,67,894 |
| Axis Short Term Fund | 0.18%₹ 10,017 | 0.47%₹ 10,047 | 1.35%₹ 10,134 | 2.54%₹ 10,253 | 6.42%₹ 10,642 | 6.20%₹ 12,399 | 4.93%₹ 11,009 | 5.84%₹ 25,474 | 4.53%₹ 11,421 | 5.22%₹ 38,976 | 6.72%₹ 13,850 | 5.72%₹ 69,336 | 7.34%₹ 20,318 | 6.67%₹ 1,69,120 |
Portfolio Holdings
Top Debt Instrument Type holdings of IDBI Short Term Bond Fund
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CD | 11.28% | ₹ 2.94 Cr. |
| NCD & Bonds | 9.98% | ₹ 2.60 Cr. |
| Others | 78.74% | - |
Top Debt Holdings of IDBI Short Term Bond Fund
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - State Bank Of India | 11.28% | ₹ 2.94 Cr. |
| Bond - Rural Electrification Corporation Limited | 9.98% | ₹ 2.60 Cr. |
| Others | 78.74% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 78.01% |
| Net Receivables | 0.73% |