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5 star

IDBI Short Term Bond Fund


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.12 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.31 Lakh

Suitability:

"Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 11.93 0.01 0.18 0.58 9.11 10.54 12.28 7.50 6.70 7.16 7.72
CCIL T Bill Liquidity Weight 1.85 0.02 0.06 0.18 0.45 1.07 1.97 3.22 3.54 3.99 4.48
Debt: Short Duration 3.96 0.02 0.08 0.38 1.43 2.71 4.23 6.38 5.91 6.88 7.62
Rank within category 2 23 1 1 2 2 2 11 11 14 13
Number of funds in category 26 28 28 28 28 27 26 25 23 23 21

As on 30-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
IDBI Short Term Bond Fund
5 star
Mar-11 12.28 7.50 6.70 0.75% 30
ICICI Prudential Short Term Fund  | Invest Now
5 star
Oct-01 4.23 8.30 7.04 1.13% 20,584
HDFC Short Term Debt Fund  | Invest Online
5 star
Jun-10 4.20 8.39 7.58 0.75% 19,407
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
May-02 3.48 7.86 6.77 1.16% 17,142
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
Dec-00 3.45 7.82 6.96 0.77% 12,688

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.89 27-Sep-2021 - 04-Oct-2021 -4.75 03-Jun-2019 - 10-Jun-2019
Month 8.23 27-Sep-2021 - 27-Oct-2021 -4.12 10-May-2019 - 10-Jun-2019
Quarter 9.66 10-Aug-2021 - 09-Nov-2021 -3.19 02-Apr-2019 - 02-Jul-2019
Year 13.39 30-Sep-2020 - 30-Sep-2021 -2.92 27-Mar-2019 - 26-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.63 5.86 0.64 1.00 -3.10 1.87
CCIL T Bill Liquidity Weight 3.25 0.40 -1.53 -4.22 -- --
Debt: Short Duration 6.49 3.55 1.42 2.55 0.71 3.06
Rank within category 9 19 19 19 3 19
Number of funds in category 25 25 25 25 25 25

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 7 13 7 59
Modified Duration (yrs) 2.55 2.84 1.94 --
Average Maturity (yrs) 3.12 3.48 2.35 --
Yield to Maturity (%) 5.28 5.61 4.63 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 5.63% GOI 2026 GOI Securities SOV 0.00 - 36.72 35.74
equal 6.92% Godrej Industries 14/05/2025 Debenture AA 0.00 - 8.10 6.81
equal 6.50% Power Finance Corporation 17/09/2025 Non Convertible Debenture AAA 6.14 - 8.49 6.14
equal 5.85% REC 20/12/2025 Non Convertible Debenture AAA 5.97 - 8.27 5.97
equal 5.78% Chennai Petroleum Corporation 17/07/2025 Non Convertible Debenture AAA 5.96 - 8.22 5.96
equal 5.45% NTPC 15/10/2025 Debenture AAA 5.95 - 8.27 5.95
equal 6.75% Piramal Capital & Housing Finance 26/09/2031 Debenture AA 0.00 - 3.47 3.47

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Oct-2021

Fund Manager

— Bhupesh Kalyani since 01-Feb-2017

Education: Mr. Kalyani is a CA, ICWA and CISA.

Experience: Prior to joining IDBI AMC he was with LIC Mutual Fund, Edelweiss Mutual Fund, Tata Mutual Fund and Star Union Dai-ichi life Insurance C.o. Ltd.

Funds Managed:


0.01%

Change from previous, NAV as on 30-Nov-2021

Growth: ₹ 22.2991

IDCW Weekly: ₹ 12.2085

IDCW Monthly: ₹ 12.1313


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 5,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: IDBI Mutual Fund
Launch Date: 23-Mar-2011
Return Since Launch: 7.78%
Benchmark: CRISIL Short-Term Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 30 Cr (As on 31-Oct-2021)
Expense: 0.75% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: High

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly29-Nov-20210.0157

 22-Nov-20210.0057
 08-Nov-20210.0173
 25-Oct-20210.0042
 18-Oct-20210.0063
 11-Oct-20210.0132
 04-Oct-20210.7020
 20-Sep-20210.0138
 13-Sep-20210.0044
 06-Sep-20210.0205
 30-Aug-20210.0102
 17-Aug-20210.0335
 02-Aug-20210.0028
 19-Jul-20210.0254
 07-Jun-20210.0051
 24-May-20210.0114
 17-May-20210.0036
 10-May-20210.0184
 03-May-20210.0135
 26-Apr-20210.0284
 19-Apr-20210.0072
 04-Jan-20210.0198
 28-Dec-20200.0055
 21-Dec-20200.0019
 07-Dec-20200.0198
IDCW Monthly25-Nov-20210.0396

 25-Oct-20210.9877
 27-Sep-20210.0581
 25-Aug-20210.0828
 26-Jul-20210.0470
 25-May-20210.0750
 26-Apr-20210.0870
 25-Mar-20210.0024
 28-Dec-20200.0245
 25-Nov-20200.0954
 26-Oct-20200.1016
 25-Sep-20200.0606
 25-Aug-20200.2402
 25-Jun-20200.1236
 26-May-20200.0858
 27-May-20190.0425
 25-Apr-20190.0263
 25-Mar-20190.0801
 28-Jan-20190.0252
 27-Dec-20180.0755
 27-Nov-20180.0624
 26-Oct-20180.0314
 28-Aug-20180.0232
 26-Jul-20180.0246
 26-Jun-20180.0258

Contact Information

AMC: IDBI Asset Management Ltd.

Address: 4th Floor, IDBI Tower, WTC Complex, Cuffe Parade, Colaba, Mumbai - 400005

Phone: 022-66442800 / 1800-419-4324

Fax: 022-66442801

Email: [email protected]

Website: http://www.idbimutual.co.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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