IDBI Short Term Bond Growth

• Alpha -4.07%
• Beta 1.16
• Sharpe Ratio0.62
• Std Deviation 4.77%
• Tracking Error 3.31%

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.

The IDBI Short Term Bond Growth has an AUM of 25.60 crores & has delivered CAGR of 6.30% in the last 5 years. The fund has an exit load of 0.00% and an expense ratio of 0.75%. The minimum investment in IDBI Short Term Bond Growth is Rs 5000 and the minimum SIP is Rs 500.

As per morningstar the risk & return rating of the fund are Low & Moderate respectively.

The top holdings of the fund include India (Republic of), Treps, State Bank Of India & Rec Limited.

IDBI Short Term Bond Growth has a sharpe ratio of 0.62 & a standard deviation of 4.77%.