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

Min Investment 5,000

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ADDITIONAL INFO

Fund Manager Raju Sharma (Since over 2 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

Top Rated
Top Performing

Top Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Nippon India Short Term Fund - Direct Plan - Growth Plan	55.249	8.46%	5,932 cr	0.37%	Average
Axis Short Duration Fund Direct Plan Growth Option	32.473	8.39%	8,781 cr	0.36%	Below Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	49.650	8.38%	8,141 cr	0.38%	Below Average
ICICI Prudential Short Term Fund Direct Plan Growth Option	63.265	8.35%	19,848 cr	0.45%	Low
Kotak Bond Short Term Plan Direct Growth	55.339	8.35%	16,979 cr	0.38%	Average
Bandhan Bond Fund - Short Term Plan Direct Plan Growth	58.997	8.33%	9,641 cr	0.33%	Above Average
HDFC Short Term Debt Fund -Direct Plan - Growth Option	31.893	8.30%	14,110 cr	0.40%	Low

Best Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Sundaram Short Term Debt Fund - Direct Plan - Growth Option	39.099	13.62%	330 cr	0.28%	Above Average
Bank of India Short Term Income Fund Direct Plan Growth	28.135	9.48%	102 cr	0.45%	High
Nippon India Short Term Fund - Direct Plan - Growth Plan	55.249	8.46%	5,932 cr	0.37%	Average
Mirae Asset Short Duration Direct Growth	16.093	8.39%	342 cr	0.24%	Below Average
Axis Short Duration Fund Direct Plan Growth Option	32.473	8.39%	8,781 cr	0.36%	Below Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	49.650	8.38%	8,141 cr	0.38%	Below Average
ICICI Prudential Short Term Fund Direct Plan Growth Option	63.265	8.35%	19,848 cr	0.45%	Low