IDBI Short Term Bond Fund Monthly IDCW

IDBI Short Term Bond Fund Monthly IDCW is a scheme launched by IDBI Mutual Fund on March 23, 2011, and falls under the Short Duration fund category. It currently manages an AUM of Rs 120.93 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 1.32% for managing the portfolio.

• Investing Strategy:

  The primary investment objective of the scheme is to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments. However there can be no assurance that the investment objective of the scheme wil

• Performance:

  IDBI Short Term Bond Fund Monthly IDCW trailing returns over different times are 7.48% (1 year), 6.64% (3 year) and 3.98% (5 year). The average annual return of this fund stands at 5.57%.