IDBI Short Term Bond Fund Direct Growth is a Debt Mutual Fund Scheme launched by IDBI Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Bupesh Kalyani is the Current Fund Manager of IDBI Short Term Bond Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹38 Cr and the Latest NAV as of 20 Nov 2019 is ₹19.14.
The IDBI Short Term Bond Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
The objective of the Scheme will be to provide investors with regular income for their investment. The Scheme will endeavour to achievethis objective through an allocation of the investment corpus in a diversified portfolio of debt and money market instruments.
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