SBI Short Term Fund NAV ₹18.84: Key Metrics & Performance
By Business Desk
SBI Short Term Fund-IDCW Monthly NAV stands at ₹18.84. Explore key metrics, expense ratio, AUM, and performance details for this open-ended debt scheme.
The SBI Short Term Fund-IDCW Monthly recorded a Net Asset Value (NAV) of ₹18.84 as of August 28, 2026. This open-ended debt scheme, managed by SBI Mutual Fund, aims to generate regular income for investors.
Fund Snapshot
- NAV (August 28, 2026): ₹18.84
- Expense Ratio (Regular Plan, August 20, 2026): 0.87%
- Assets Under Management (AUM, July 31, 2026): ₹14,000.87 crore
- Risk Level: Moderate
- Exit Load: None
Launched on July 27, 2007, the fund invests in debt and money market instruments with a Macaulay duration between 1 and 3 years. These instruments are predominantly rated not below investment grade, aligning with the fund’s objective.
Performance Overview
- One-Year Return: 5.03%
- Three-Year Return: 6.92%
- Five-Year Return: 5.91%
- Return Since Inception: 7.26%
Investors have flexible options for participation in the SBI Short Term Fund-IDCW Monthly. Mansi Sajeja has managed the fund since December 1, 2023.
Investment Minimums
- Lumpsum Investment: Minimum ₹5,000
- Additional Investment: Minimum ₹1,000
- Systematic Investment Plan (SIP): Minimum ₹500
Capital gains from investments made after April 1, 2023, are added to an investor’s total income. These gains are then taxed according to their applicable income tax slab.
For investments made prior to April 1, 2023, gains realized within three years are categorized as short-term capital gains, subject to taxation at the investor’s slab rate. Gains realized after three years qualify as long-term capital gains, taxed at 20% after indexation benefits.
Dividend income from the fund is also incorporated into the investor’s total income for taxation purposes. A 10% Tax Deducted at Source (TDS) applies if the dividend income surpasses ₹5,000 in a financial year.