|Min SIP Amount||₹500|
|NAV||₹21.41 (12 Apr 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹24 Cr|
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 ₹24 Cr and the Latest NAV as of 12 Apr 2021 is ₹21.41.
The IDBI Short Term Bond Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.