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IDBI Short Term Bond Fund - Direct Plan

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Debt: Short Duration

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1 Lakh

Investment Grown to
₹ 1.13 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.32 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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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
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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 11.73 0.05 0.07 8.15 9.49 11.19 13.39 8.43 7.73 8.17 --
CCIL T Bill Liquidity Weight 1.61 -0.01 -0.03 0.11 0.50 1.06 2.04 3.32 3.61 4.05 --
Debt: Short Duration 4.18 0.03 0.03 0.87 1.98 3.52 5.49 7.33 6.92 7.79 --
Rank within category 2 9 5 2 2 2 2 10 9 12 --
Number of funds in category 26 28 28 28 27 27 26 25 23 23 0

As on 21-Oct-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 - Direct Plan
2 star
 Jan-13 13.39 8.43 7.73 0.29% 29
ICICI Prudential Short Term Fund - Direct Plan  | Invest Now
5 star
 Jan-13 5.67 9.34 8.26 0.37% 21,345
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
 Jan-13 5.22 8.97 8.02 0.24% 19,436
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
4 star
 Jan-13 5.00 9.09 7.97 0.34% 17,160
IDFC Bond Fund Short Term Plan - Direct Plan
4 star
 Jan-13 4.29 8.67 7.69 0.29% 12,708

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.90 27-Sep-2021 - 04-Oct-2021 -4.74 03-Jun-2019 - 10-Jun-2019
Month 8.25 14-Sep-2021 - 14-Oct-2021 -4.08 10-May-2019 - 10-Jun-2019
Quarter 9.79 06-Jul-2021 - 05-Oct-2021 -3.07 02-Apr-2019 - 02-Jul-2019
Year 13.86 30-Sep-2020 - 30-Sep-2021 -2.30 27-Mar-2019 - 26-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 8.37 5.86 0.75 1.16 -3.17 2.48
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Short Duration 7.31 3.56 1.75 2.94 0.57 3.71
Rank within category 10 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 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 8 13 7 61
Modified Duration (yrs) 2.66 2.84 0.98 1.80
Average Maturity (yrs) 3.28 3.48 1.20 2.31
Yield to Maturity (%) 5.29 5.61 4.63 4.89
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
up 5.63% GOI 2026 GOI Securities SOV 0.00 - 36.72 36.72
equal Reserve Bank of India 182-D 23/12/2021 Treasury Bills SOV 0.00 - 38.93 16.97
equal 6.92% Godrej Industries 14/05/2025 Debenture AA 0.00 - 8.10 7.01
equal 6.50% Power Finance Corporation 17/09/2025 Non Convertible Debenture AAA 0.00 - 8.49 6.31
equal 5.85% REC 20/12/2025 Non Convertible Debenture AAA 0.00 - 8.27 6.15
equal 5.78% Chennai Petroleum Corporation 17/07/2025 Non Convertible Debenture AAA 0.00 - 8.22 6.14
equal 5.45% NTPC 15/10/2025 Debenture AAA 6.13 - 8.60 6.13
new 6.75% Piramal Capital & Housing Finance 26/09/2031 Debenture AA 0.00 - 3.35 3.35

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 30-Sep-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:

0.05%

Change from previous, NAV as on 21-Oct-2021

Growth: ₹ 23.8029

IDCW Weekly: ₹ 13.3134

IDCW Monthly: ₹ 16.5689

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: 01-Jan-2013
Return Since Launch: 8.34%
Benchmark: CRISIL Short-Term Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 29 Cr (As on 30-Sep-2021)
Expense: 0.29% (As on 31-Aug-2021)
Risk Grade: Above Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly18-Oct-20210.0077

 11-Oct-20210.0152
 04-Oct-20210.7684
 20-Sep-20210.0157
 13-Sep-20210.0056
 06-Sep-20210.0230
 30-Aug-20210.0127
 17-Aug-20210.0383
 02-Aug-20210.0047
 19-Jul-20210.0266
 12-Jul-20210.0018
 07-Jun-20210.0071
 24-May-20210.0131
 17-May-20210.0046
 10-May-20210.0208
 03-May-20210.0154
 26-Apr-20210.0317
 19-Apr-20210.0049
 05-Apr-20210.0067
 04-Jan-20210.0222
 28-Dec-20200.0067
 21-Dec-20200.0033
 07-Dec-20200.0220
 01-Dec-20200.0122
 23-Nov-20200.0207
IDCW Monthly27-Sep-20210.0781

 25-Aug-20210.1111
 26-Jul-20210.0693
 25-May-20210.1001
 26-Apr-20210.1157
 25-Mar-20210.0163
 28-Dec-20200.0354
 25-Nov-20200.1248
 26-Oct-20200.1336
 25-Sep-20200.0819
 25-Aug-20200.3159
 25-Jun-20200.1614
 26-May-20200.2113
 27-May-20190.0575
 25-Apr-20190.0381
 25-Mar-20190.1084
 28-Jan-20190.0367
 27-Dec-20180.1009
 27-Nov-20180.0867
 26-Oct-20180.0447
 28-Aug-20180.0339
 26-Jul-20180.0358
 26-Jun-20180.0373
 28-May-20180.0061
 26-Apr-20180.0176

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: mfshyde[email protected]

Website: www.karvymfs.com

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