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IDBI SHORT TERM BOND FUND

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

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Fund Manager

Mr. Raju Sharma

Total Experience: Over 31 Years (Managing the Scheme since 7th September, 2022)

Other Funds Managed by Mr. Raju Sharma - Click Here

Debt Schemes
IDBI CREDIT RISK FUND
IDBI ULTRA SHORT TERM FUND

Fund Information

NAV

23.8418

As on 28 Jul 23

IDCW stands for Income Distribution cum Capital Withdrawal

Fund Category

Short Duration Fund

Inception

23 Mar 2011

Benchmark

CRISIL Short Duration Debt A-II Index

Entry Load

Not Applicable

Exit Load

Nil

Face Value

Rs. 10/- per unit

Returns

As of last business day of the month- June 2023

6.45%

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

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.

Investment Objective

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.

Who should Invest?

Investors who has a moderate risk appetite
Investors who are looking for reasonable return over short to medium term
Investors looking towards steady returns and liquidity over short term
Investors looking to augment their returns from other than the conventional fixed income avenues like banks, FDs, post office deposits and bonds etc
Investors who are looking for systematic transfer plan to equity oriented schemes
Regular income for short term
Investors who want to invest for 1-3 years and are looking for alternative to bank deposit

Portfolio as on 30/6/2023

Security Name	% to Net Assets*	Rating
COMMERCIAL PAPERS	0.00	N.A.
DEBENTURES	21.72	N.A.
REC Ltd.	10.16	CRISIL AAA
Certificate of Deposits	0.00	N.A.
State Bank of India	11.56	IND A1+
GOVERNMENT SECURITIES	9.76	N.A.
7.06% CGL 2028	9.76	SOV
T-BILLS	55.07	N.A.
364 DAY T-BILL 06.06.24	55.07	SOV
TREPS on G-Sec or T-Bills	12.64	N.A.
CASH & CASH RECEIVABLES	0.81	N.A.
TOTAL	100.00	N.A.

*Rounded off to the nearest two digits after the decimal point.

Scheme Performance as of last business day of the month - June 2023

Regular Plan

Schemes managed by Fund Manager (FM) - Mr. Raju Sharma Experience - Over 31 years

Returns (in %)				Value of Rs. 10,000/- invested
Period	Scheme	Benchmark#	Additional Benchmark##	Scheme (Rs.)	Benchmark# (Rs.)	Additional Benchmark## (Rs.)
1 year	6.45	6.97	9.28	10,645	10,697	10,928
3 years	7.64	4.84	3.10	12,470	11,524	10,959
5 years	6.34	6.90	6.76	13,604	13,960	13,869
Since Inception (SI) Date: 23 March, 2011	7.30	7.80	6.36	23,741	25,151	21,333
FM managing this Scheme since 7th September, 2022 #CRISIL Short Term Bond Fund Index, ##CRISIL 1 Year T-Bill Index

Direct Plan

Schemes managed by Fund Manager (FM) - Mr. Raju Sharma Experience - Over 31 years

Returns (in %)				Value of Rs. 10,000/- invested
Period	Scheme	Benchmark#	Additional Benchmark##	Scheme (Rs.)	Benchmark# (Rs.)	Additional Benchmark## (Rs.)
1 year	6.96	6.97	9.28	10,696	10,697	10,928
3 years	8.12	4.84	3.10	12,640	11,524	10,959
5 years	6.99	6.90	6.76	14,024	13,960	13,869
Since Inception (SI) Date: 23 March, 2011	7.73	7.63	6.34	21,858	21,648	19,068
FM managing this Scheme since 7th September, 2022 #CRISIL Short Term Bond Fund Index, ##CRISIL 1 Year T-Bill Index

Past Performance may or may not be sustained in the future. Returns pertain to growth option under Regular & Direct Plan. The returns are Compounded Annual Growth Returns (CAGR) for past 1 year, 3 years, 5 years & since inception period and annualised for the period below 1 year. The Regular and Direct Plan of IDBI Mutual Fund have different expense structure.

Scheme Name	Option	NAV Per Unit(Rs)	NAV Date

Caption	PDF
Leaflet With Portfolio
Factsheet
Key Information Memorandum cum Application form (KIM)
Scheme Information Document