Item: IDBI Short Term Bond Fund Monthly Direct Reinvestment of Income Distribution cum Cap Wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › IDBI Mutual Fund › IDBI Short Term Bond Fund Monthly Direct Reinvestment of Income Distribution cum Cap Wdrl

15.406 (0.000%)

NAV on July 28, 2023

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 25 cr

Turnover Ratio 3610.05%

Expense Ratio 0.28%

Exit Load -

Returns

1M: Positive return: 0.47%
1Y: Positive return: 6.23%
3M: Positive return: 1.50%
3Y: Positive return: 7.36%
6M: Positive return: 3.42%
5Y: Positive return: 6.43%

Min Investment 5,000

This is with reference to our Notice no. 04/2019-20 dated June 6, 2019 regarding temporary suspension of subscriptions in the Schemes mentioned therein. It has now been decided to reopen the subscriptions under the below mentioned schemes w.e.f November 4, 2019:

ADDITIONAL INFO

Fund Manager Raju Sharma (Since about 4 years)

ISIN INF397L01BI9

Fund Family IDBI

Launch Date January 01, 2013

Benchmark CRISIL Short Duration Fund TR INR

Avg. Maturity 1.26 years

Yield To Maturity (%) 6.94%

INVESTMENT 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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

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Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
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Aditya Birla Sun Life Short Term Fund Direct Plan Growth	₹ 55.247	5.48%	₹ 5,782 cr	0.36%	Average
Nippon India Short Term Fund - Direct Plan - Growth Plan	₹ 61.538	5.32%	₹ 6,557 cr	0.39%	Above Average
HDFC Short Term Fund -Direct Plan - Growth Option	₹ 35.383	5.25%	₹ 14,486 cr	0.40%	Average
Baroda BNP Paribas Short Term Fund Direct Growth Option	₹ 33.977	5.24%	₹ 431 cr	0.43%	Average