IDBI Short Term Bond Fund Direct Growth+0.05%

11.14%
1 Year Return
Debt
Short Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

IDBI Short Term Bond Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.84%
NAV21.04 (28 Oct 2020)
Fund Started01 Jan 2013
Fund Size20 Cr

Returns

1Y
3Y*
5Y*
Since inception*
IDBI Short Term Bond Fund Direct Growth
11.1%
6.1%
6.9%
7.7%
Category Average
8.9%
6.3%
7.0%
-
Rank within category
4
17
17
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 11.1% annual returns

    Comparison

    Data not available
    Pros
    1. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Bank Of BarodaFinancialBonds49.5%
    ICICI Bank Ltd.FinancialBonds17.6%
    Power Finance Corpn. Ltd.FinancialNCD7.6%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture5.4%
    Hindalco Industries Ltd.MetalsBonds/NCD5.2%
    Vedanta Ltd.MetalsDebenture4.8%
    Dewan Housing Finance Corpn. Ltd.FinancialDebenture0.0%

    IDBI Short Term Bond Fund Direct Growth Details

    IDBI Short Term Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Bupesh Kalyani is the Current Fund Manager of IDBI Short Term Bond Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹20 Cr and the Latest NAV as of 28 Oct 2020 is ₹21.04.

    The IDBI Short Term Bond Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The Scheme seeks 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.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About IDBI Mutual Fund

    Address
    5th floor, Mafatlal Centre, Nariman Point Mumbai 400021
    Phone
    022-6644 2800
    Launch Date
    29 Mar 2010
    IDBI Mutual Fund
    Asset Management Company
    Custodian
    SBI SG Global Securities Services Pvt.Ltd.
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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