- Mutual Funds
- IDBI Mutual Funds
- IDBI Short Term Bond fund (PIDCW-M)
Formerly IDBI Short Term Bond Mn DP
IDBI Short Term Bond fund (PIDCW-M)
₹ 12.7947
NAV (Oct 03)
Short term funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 12.7947
NAV (Oct 3)
Fund Returns
Last 1Y | 5.8% |
Last 3Y | 6.9% |
Last 5Y | 5.8% |
Last 10Y | 6.1% |
Since Inception | 6.2% |
6 Month CAGR | 3.2% |
Scheme Information
The investment objective of the Scheme is 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. However,there can be no assurance that the investment objective of the Scheme will be realized.
Expense Ratio | 0.75 |
Launched (12y ago) | Mar 23, 2011 |
AUM in Crores | 25.491 |
ISIN | INF397L01406 |
Lock-in | No Lock-in |
Benchmark | CRISIL Short Duration Fund TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 4.8 |
Standard Deviation (5yr) | 4.6 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.552 |
Sharpe Ratio (5yr) | 0.172 |
YTM | 6.94 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| IDBI Short Term Bond fund (PIDCW-M) | 8,42,314 | 1,09,702 | 5.8% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 15,536 cr |
About the AMC
IDBI Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.5% | 7.1% | ||
21.9% | 14.2% | ||
4.5% | 5.5% | ||
21.6% | 14% | ||
4.4% | 4.9% |
IDBI Short Term Bond fund (PIDCW-M) Review
IDBI Short Term Bond fund (PIDCW-M) is a Short Term Debt fund and has delivered an annualised return of 6.2% over a period of 12 years. The fund was previously known as IDBI Short Term Bond Mn DP. The fund is managed by IDBI Asset Management Limited. The fund manager’s name is null.
Nav of IDBI Short Term Bond fund (PIDCW-M) as of 10/3/2023 is ₹12.79 with the total AUM as of 10/4/2023 is ₹25.491. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDBI Short Term Bond fund (PIDCW-M) was launched on Mar 23, 2011. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for IDBI Short Term Bond fund (PIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
IDBI Short Term Bond fund (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Short Duration Fund TR INR.
IDBI Short Term Bond fund (PIDCW-M) is rated as a 3 fund in Debt and delivered 5.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDBI Short Term Bond fund (PIDCW-M).
Frequently Asked Questions
What is IDBI Short Term Bond fund (PIDCW-M)?
How to invest in IDBI Short Term Bond fund (PIDCW-M)?
You can invest in IDBI Short Term Bond fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of IDBI Short Term Bond fund (PIDCW-M)?
The minimum sip amount for IDBI Short Term Bond fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is IDBI Short Term Bond fund (PIDCW-M) good to invest in?
As per Scripbox experts, IDBI Short Term Bond fund (PIDCW-M) is a Neutral fund. You can investIDBI Short Term Bond fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the IDBI Short Term Bond fund (PIDCW-M)?
The expense ratio of the IDBI Short Term Bond fund (PIDCW-M) is 0.75% for regular plan.