Bandhan Short Term Fund
Bandhan Mutual Fund · Short Duration · Direct plan, growth option
NAV (₹), 1 Oct 2026
65.9298
1-day change
0.01%
1Y return
6.1%
3Y CAGR
7.7%
5Y CAGR
6.5%
Max drawdown, 5Y
−1.8%
NAV history month-end NAV, ₹ · 3 Jan 2013 to 1 Oct 2026
Returns vs Short Duration median (24 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.3% | 0.2% |
| 3 months | 0.8% | 0.7% |
| 6 months | 3.8% | 3.1% |
| Year to date | 4.7% | 3.8% |
| 1 year | 6.1% | 5.2% |
| 3 years (CAGR) | 7.7% | 7.4% |
| 5 years (CAGR) | 6.5% | 6.5% |
| 7 years (CAGR) | 6.8% | 6.8% |
| 10 years (CAGR) | 7.1% | 7.1% |
| Since first NAV (CAGR) | 7.8% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.4% | 8.1% |
| 3Y rolling median | 7.9% | 7.7% |
| 3Y rolling worst | 4.5% | 4.9% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 7.2% | 7.0% |
| 5Y rolling worst | 6.1% | 6.1% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.5% | 1.4% |
| Sharpe ratio | 0.76 | 0.55 |
| Sortino ratio | 1.40 | 0.92 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −2.5% | −2.4% |
| Maximum drawdown, last 10Y | −2.5% | −2.6% |
| Maximum drawdown, last 5Y | −1.8% | −0.9% |
| Current drawdown | 0.0% | −0.2% |
| Recovery time of worst fall | 3 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 8 Sep 2026: TER increased from 0.36% to 0.39% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Suyash Choudhary | Primary | 11 Mar 2011 |
Objective: The scheme seeks to invest in a diversified set of debt and money market securities with the aim of generating optimal returns over short term such that the Macaulay duration of the portfolio is between 1 year and 3 years. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Stated asset allocation: Debt Securities (including G-Sec and securitised debt) and Money Market Instruments and Units issued by REITs & InvITs such that the Macaulay duration of the portfolio is between 1 year and 3 years, within which - 0%-100%, Units issued by InvITs - 0%-10%
Benchmark (tier 1): NIFTY Short Duration Debt Index A-II
Minimum application: Rs.1000
Allotment date: 13 Dec 2000
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.39% | 0.38% |
| AUM, whole scheme (₹ crore) | 8,679 | 526 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 6.2% | 4.4% TRI |
| Return, 3 years (AMFI) | 7.7% | 6.6% TRI |
| Return, 5 years (AMFI) | 6.5% | 5.8% TRI |
| Month-ends above category median (3Y CAGR) | 35% | 44% median |
| Month-ends in category top quartile (3Y) | 8% | 14% median |
| 7Y rolling CAGR, median (monthly windows) | 7.3% | 7.3% median |
Official benchmark: NIFTY Short Duration Debt Index A-II (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Short Duration Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.7% | n/a | – |
| 2025 | 8.0% | n/a | – |
| 2024 | 8.4% | n/a | – |
| 2023 | 7.4% | n/a | – |
| 2022 | 3.3% | n/a | – |
| 2021 | 3.9% | n/a | – |
| 2020 | 10.2% | n/a | – |
| 2019 | 10.3% | n/a | – |
| 2018 | 7.0% | n/a | – |
| 2017 | 6.5% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,24,071 | 6.3% |
| 3 years | ₹3,60,000 | ₹4,01,341 | 7.2% |
| 5 years | ₹6,00,000 | ₹7,19,325 | 7.2% |
| 10 years | ₹12,00,000 | ₹17,20,222 | 7.0% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: Bandhan Mutual Fund
Category: Short Duration
Plan / option: Direct · Growth
AMFI scheme code: 118407
ISIN: INF194K01U07
First NAV in MFIC data: 3 Jan 2013
History: 13.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Bandhan Medium Term Fund | Medium Duration | 0.98 | 7.5% |
| Mahindra Manulife Short Term Fund | Short Duration | 0.97 | 7.6% |
| Canara Robeco Short Term Fund | Short Duration | 0.97 | 7.0% |
| Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund) | Banking & PSU | 0.96 | 7.0% |
| TRUSTMF Short Term Fund | Short Duration | 0.96 | 7.1% |
| Invesco India Medium Term Fund | Medium Duration | 0.96 | 7.0% |
Questions about Bandhan Short Term Fund
- What is the latest NAV of Bandhan Short Term Fund?
- The NAV of the Direct plan (growth option) was ₹65.9298 on 1 Oct 2026, as published by AMFI.
- Which category is Bandhan Short Term Fund in?
- It is classified as Short Duration in AMFI's daily NAV file. MFIC compares it with 24 Short Duration schemes (Direct plans).
- What returns has Bandhan Short Term Fund delivered?
- Over one year the NAV changed by 6.1%. The 3-year CAGR is 7.7% (category median 7.4%) and the 5-year CAGR is 6.5% (category median 6.5%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 7.9%, the lowest was 4.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Bandhan Short Term Fund's NAV?
- The largest peak-to-trough fall in its available history was 2.5%; within the last five years it was 1.8% (category median 0.9%).
- How volatile is Bandhan Short Term Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.5%, which is above the Short Duration category median of 1.4%.
- What would a monthly SIP in Bandhan Short Term Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,19,325 on 1 Oct 2026, an annualised return (XIRR) of 7.2%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Bandhan Short Term Fund?
- The total expense ratio of the Direct plan is 0.39% a year, as disclosed to AMFI (median of Short Duration Direct plans: 0.38%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Bandhan Short Term Fund?
- Assets under management of the whole scheme were ₹8,679 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Bandhan Short Term Fund?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Bandhan Short Term Fund and how has it compared?
- Its official benchmark is the NIFTY Short Duration Debt Index A-II. Over 3 years AMFI reports a return of 7.7% for this plan against 6.6% for the benchmark total return index; over 5 years 6.5% against 5.8%. Past performance does not indicate future results.
- How often has Bandhan Short Term Fund beaten its category?
- At 35% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Short Duration schemes (Direct plans); it was in the top quarter at 8% of them. A typical scheme would show about 50%.
- Who manages Bandhan Short Term Fund?
- According to its Scheme Summary Document, Bandhan Short Term Fund is managed by Suyash Choudhary (since 11 Mar 2011).
- What is the minimum investment in Bandhan Short Term Fund?
- The minimum application amount is Rs.1000. SIP details: SIP Details: Rs.100 , STP Details: Rs.500 , SWP Details: Rs.200.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.