MF Gyan
debtLow risk14 years oldSteady vs its 3-year pace

L&T Short Term Bond Fund -Direct Plan - Monthly IDCW

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From L&T Mutual Fund. It's been running since 2 Jan 2013.

Latest price per unit
₹11.7323
▲ 0.04% today
As of 24 Nov 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹98.4k
▼ ₹1.6k loss · -1.6% / year
Invested 3 years ago
₹1.01 L
▲ ₹747 gain · 0.2% / year
Invested 5 years ago
₹1.05 L
▲ ₹5.2k gain · 1.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.78 L
Gain / loss-₹1.7k
XIRR (annualised)-0.61%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.78 L
Projected gain*+-₹1.7k
*at this fund's historical rate of -0.61% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 83 other funds in Debt Scheme - Short Duration Fund

Same plan
1-year return
-1.57%median 4.46% (-6.03%)
Rank #75 of 84Beats 6% of peers
3-year return
0.25%median 3.67% (-3.42%)
Rank #52 of 84Beats 28% of peers
5-year return
1.03%median 2.48% (-1.46%)
Rank #38 of 84Beats 41% of peers
Bumpiness (3Y)
2.26%median 3.18% (-0.92%)
Rank #31 of 84Less risky than 62% of peers
Worst-ever drop
-3.80%median -5.51% (+1.72%)
Rank #54 of 84Less risky than 35% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 7 years were positive.

+3%
2016
-0%
2017
+1%
2018
+4%
2019
+4%
2020
-1%
2021
-1%
2022
Best year
2019 · 4.25%
Worst year
2021 · -1.40%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
2.3%

The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-3.80%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of L&T Short Term Bond Fund -Direct Plan - Monthly IDCW against other debt funds.

Technical details (for the pros)
CAGR — 1 year-1.57%
CAGR — 3 years0.25%
CAGR — 5 years1.03%
CAGR — since launch1.18%
Volatility — 1 year (annualised)1.57%
Volatility — 3 years (annualised)2.26%
Max drawdown — 1 year-2.27%
Max drawdown — 3 years-3.80%
Sharpe ratio — 1 year (rf=6%)-4.86
Sharpe ratio — 3 years (rf=6%)-2.56

Fund info

Fund house
L&T Mutual Fund
Category
Debt Scheme - Short Duration Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
119857
First price on record
2 Jan 2013 · 2,386 daily prices

About L&T Short Term Bond Fund -Direct Plan - Monthly IDCW

L&T Short Term Bond Fund -Direct Plan - Monthly IDCW is a Debt Scheme - Short Duration Fund offered by L&T Mutual Fund under the Direct plan with the IDCW option. It has approximately 14 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of L&T Short Term Bond Fund -Direct Plan - Monthly IDCW is ₹11.7323 (as of 24 Nov 2022). Historically, it has delivered -1.57% over the last year, 0.25% CAGR over 3 years, 1.03% CAGR over 5 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 2.3% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 3.8%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of L&T Short Term Bond Fund -Direct Plan - Monthly IDCW?+

The latest NAV of L&T Short Term Bond Fund -Direct Plan - Monthly IDCW is ₹11.7323 as of 24 Nov 2022, up 0.04% from the previous day. NAV is updated once a business day after the market close.

What are the returns of L&T Short Term Bond Fund -Direct Plan - Monthly IDCW?+

L&T Short Term Bond Fund -Direct Plan - Monthly IDCW has delivered 1-year return -1.57%, 3-year CAGR 0.25%, 5-year CAGR 1.03%, since-inception CAGR 1.18%. Returns are historical and don't predict future performance — markets move in cycles.

What category does L&T Short Term Bond Fund -Direct Plan - Monthly IDCW belong to?+

L&T Short Term Bond Fund -Direct Plan - Monthly IDCW is categorised as Debt Scheme - Short Duration Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is L&T Short Term Bond Fund -Direct Plan - Monthly IDCW?+

Based on its 3-year annualised volatility of 2.3%, L&T Short Term Bond Fund -Direct Plan - Monthly IDCW sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is L&T Short Term Bond Fund -Direct Plan - Monthly IDCW a direct plan?+

L&T Short Term Bond Fund -Direct Plan - Monthly IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is L&T Short Term Bond Fund -Direct Plan - Monthly IDCW?+

L&T Short Term Bond Fund -Direct Plan - Monthly IDCW has NAV history available from 2 Jan 2013 — approximately 14 years of track record and 2,386 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.