Fund Snapshot

You are here :

IDBI SHORT TERM BOND FUND

An open-ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years.#.# Please refer to the Scheme Information Document (SID) on which the concept of Macaulay’s duration has been explained

Fund Manager

contact-image

Mr. Bhupesh Kalyani

Total Experience: Over 19 Years (Managing the Scheme since 1st February, 2017)

Other Funds Managed by Mr. Bhupesh Kalyani - Click Here

Fund Information

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

Short Duration Fund

Inception

23 Mar 2011

Benchmark

CRISIL Short Duration Fund A-II Index
Benchmark RiskometerBENCHMARK RISKOMETER
graph
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.

Entry Load

Not Applicable

Exit Load

Nil

Face Value

Rs. 10/- per unit

Returns

As of last business day of the month- March 2022

12.90%

Investment Essentials

Minimum Application Amount

Minimum Lumpsum Amount:
Rs. 5000/- and in multiples of Re. 1
Minimum Additional Lumpsum Amount:
Rs. 1000/- and in multiples of Re. 1
Systematic Investment Plan (SIP) Options
Monthly Option:
Rs. 500/- per month for a minimum period of 12 months
Or
Rs. 1000/- per month for a minimum period of 6 months

Quarterly Option:
Rs. 1500/- per quarter for a minimum period of 4 quarters

SCHEME LABEL

Riskometer
graph

This product is suitable for investors who are seeking*

  • Regular income for short term
  • Investment in Debt / Money Market instruments such that Macaulay duration of the portfolio is maintained between 1 year to 3 years
*Investor should consult their financial advisors if in doubt about whether the product is suitable for them.