Bandhan Short Term Fund is a Short Duration fund run by Bandhan Mutual Fund. On 30-09-2026, it managed ₹8,680 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.6% a year and its Regular plan returned 0.3% a year. Its benchmark, NIFTY Short Duration Debt Index A-II, returned 6.6% a year over the same 3 years.
NAV (Direct plan)
₹65.95
▲ 0.02% · 30-10-2026
NAV (Regular plan)
₹10.93
▲ 0.02% · 30-10-2026
Expense ratio
0.39%Direct0.87%Regular
0.39%
A year
Riskometer
Low to Moderate
Set by the fund house
3 year return
7.6%Direct0.3%Regular
7.6%
A year
Bandhan Short Term Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹65.95 (up 0.02% that day); Regular Plan ₹10.93 (up 0.02% that day).
This fund (Direct plan)
₹65.9497
Bandhan Short Term Fund Returns vs NIFTY Short Duration Debt Index A-II
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
+0.04%
+0.72%
+3.17%
+5.54%
+7.64%
+6.48%
+7.08%
This fund (Regular)
0.00%
+0.60%
+2.92%
−1.15%
+0.29%
+0.36%
--
NIFTY Short Duration Debt Index A-II
+0.14%
+0.49%
+2.66%
+4.41%
+6.61%
+5.84%
--
Short Duration average
−0.14%
+0.30%
+2.50%
+4.11%
+6.88%
+6.62%
+6.89%
Best in Short Duration
+0.11%
+0.75%
+3.17%
+5.54%
+7.64%
+10.75%
+7.63%
Worst in Short Duration
−0.34%
−0.09%
+2.15%
−3.88%
−1.14%
+6.01%
+5.64%
Rank in Short Duration
2/25
3/24
1/24
1/23
1/23
7/20
8/16
Category rows compare the Direct plans of 25 Short Duration funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.
Bandhan Short Term Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+4.69%
−1.87%
2025
+7.98%
+0.03%
2024
+8.36%
+1.02%
2023
+7.41%
+3.31%
2022
+3.28%
−1.23%
2021
+3.88%
−2.93%
Bandhan Short Term Fund Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 2,627 periods, one for each trading day from 04-01-2016 to 30-10-2026.
0%2%4%6%8%10%12%
Bandhan Short Term Fund (Direct)
Category average, 25 Short Duration funds
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Bandhan Short Term Fund (Direct)Category average, 25 Short Duration funds
0%
0%
Below 0%
5%
0%
0-5%
93%
95%
5-10%
2%
5%
10-15%
0%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
3,102
8.3%
1.6%
12.2%
0%
7.8%
55%
2 years
2,867
8.0%
3.2%
11.1%
0%
7.6%
56%
3 years
2,627
7.9%
4.5%
10.5%
0%
7.5%
48%
5 years
2,143
7.2%
6.1%
8.9%
0%
6.8%
63%
7 years
1,661
7.3%
6.7%
9.4%
0%
7.1%
100%
10 years
933
7.6%
7.1%
8.0%
0%
7.5%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
154
8.2%
0.6%
12.7%
0%
7.8%
49%
2 years
142
8.1%
2.6%
11.6%
0%
7.5%
52%
3 years
130
7.7%
4.1%
10.5%
0%
7.3%
54%
5 years
106
7.4%
5.8%
9.3%
0%
7.2%
53%
7 years
82
6.9%
6.3%
9.2%
0%
6.8%
96%
10 years
46
7.1%
6.9%
7.4%
0%
7.0%
98%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 25 Short Duration funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
Bandhan Short Term Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Bandhan Short Term Fund (Direct)This fund
Category average
Return (CAGR)
+5.54%
+4.16%
Standard deviation
1.11%
1.17%
Sharpe ratio
0.27
-0.93
Sortino ratio
0.41
-1.23
Maximum drawdown
−0.43%
(21-05-2026)
−0.75%
(02-04-2026)
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Bandhan Short Term Fund (Direct)This fund
Category average
Return (CAGR)
+7.64%
+6.89%
Standard deviation
1.00%
0.97%
Sharpe ratio
1.61
0.89
Sortino ratio
2.54
1.27
Maximum drawdown
−0.57%
(26-08-2025)
−0.75%
(02-04-2026)
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Bandhan Short Term Fund (Direct)This fund
Category average
Return (CAGR)
+6.48%
+6.33%
Standard deviation
1.20%
1.01%
Sharpe ratio
0.56
0.52
Sortino ratio
0.79
0.75
Maximum drawdown
−1.8%
(06-05-2022)
−0.98%
(06-05-2022)
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Bandhan Short Term Fund (Direct)This fund
Category average
Return (CAGR)
+7.08%
+6.74%
Standard deviation
1.48%
1.36%
Sharpe ratio
1.13
0.98
Sortino ratio
1.92
1.49
Maximum drawdown
−2.5%
(24-03-2020)
−2.3%
(23-03-2020)
From daily NAVs, 28-10-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Measure
Bandhan Short Term Fund (Direct)This fund
Category average
Return (CAGR)
+7.72%
+7.52%
Standard deviation
1.42%
1.34%
Sharpe ratio
1.18
1.10
Sortino ratio
1.87
1.61
Maximum drawdown
−2.5%
(24-03-2020)
−2.3%
(23-03-2020)
From daily NAVs, 03-01-2013 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
−3%−2.5%−2%−1.5%−1%−0.5%0%
Bandhan Short Term Fund (Direct)
Category average, 25 Short Duration funds
2014201620182020202220242026
Bandhan Short Term Fund (Direct)Category average, 25 Short Duration funds
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Bandhan Short Term Fund (Direct)
−2.5%
06-03-2020
24-03-2020
27-03-2020
3 days
−0.09%
Category average
−2.3%
06-03-2020
23-03-2020
31-03-2020
8 days
−0.28%
From the Direct plan's daily NAV since 03-01-2013, adjusted for unit splits, and the average of the 25 Short Duration funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Bandhan Short Term Fund vs Other Short Duration Funds
The five Short Duration funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Bandhan Short Term Fund Expense Ratio and Costs
What each plan charges a year, in force from 08-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Short Duration median
Cost rank (1 = cheapest)
Direct
0.31%
0.02%
0.00%
0.06%
0.39%
0.37%
15/25
Regular
0.72%
0.02%
0.00%
0.13%
0.87%
0.99%
6/25
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Short Duration funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
−1.15%
5.54%
6.69%
₹98,850
₹1,05,540
3 years
0.29%
7.64%
7.35% a year
₹1,00,873
₹1,24,716
5 years
0.36%
6.48%
6.12% a year
₹1,01,813
₹1,36,880
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Bandhan Short Term Fund SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 03-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planBandhan Short Term Fund (Direct)
₹16,60,000
₹28,05,491
₹11,45,491
7.2%
Category averageCategory average, 25 Short Duration funds
₹16,60,000
₹27,46,318
₹10,86,318
7.0%
₹0₹10.0 L₹20.0 L₹30.0 L
Direct planBandhan Short Term Fund (Direct)
Category averageCategory average, 25 Short Duration funds
Amount invested
2014201620182020202220242026
Direct planBandhan Short Term Fund (Direct)Category averageCategory average, 25 Short Duration fundsAmount invested
From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Bandhan Short Term Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
86.8%Debt
Asset
Fund
Category
Debt
86.8%
92.0%
Cash and others
13.2%
8.0%
Credit rating
Bonds and money market papers by credit rating, % of the fund. Category: the average of 25 Short Duration funds.
Rating
Fund
Category
Sovereign
1.0%
11.4%
AAA and A1+
85.8%
71.2%
Bandhan Short Term Fund Portfolio Holdings
As on 30-09-2026 · 82 holdings · from the fund house's monthly portfolio
Holdings
Rating
Weight%
Small Industries Dev Bank of India · Certificate of deposit
CRISIL A1+
4.64%
7.48% National Bank For Agriculture and Rural Development · Bond
CRISIL AAA
4.58%
Canara Bank · Certificate of deposit
CRISIL A1+
4.00%
HDFC Bank Limited · Certificate of deposit
CARE A1+
3.95%
7.07% Bajaj Finance Limited · Bond
CRISIL AAA
3.10%
HDFC Bank Limited · Certificate of deposit
CARE A1+
3.07%
7.8% Tata Capital Housing Finance Limited · Bond
CRISIL AAA
2.88%
Small Industries Dev Bank of India · Certificate of deposit
CRISIL A1+
2.70%
Canara Bank · Certificate of deposit
CRISIL A1+
2.54%
8.15% Tata Capital Limited · Bond
CRISIL AAA
2.30%
7.5% Indian Railway Finance Corporation Limited · Bond
CRISIL AAA
2.29%
7.83% Bajaj Housing Finance Limited · Bond
CRISIL AAA
2.28%
8.3% REC Limited · Bond
CRISIL AAA
2.16%
7.74% LIC Housing Finance Limited · Bond
CRISIL AAA
1.95%
Small Industries Dev Bank of India · Certificate of deposit
CRISIL A1+
1.89%
7.75% Sundaram Finance Limited · Bond
CRISIL AAA
1.72%
Union Bank of India · Certificate of deposit
ICRA A1+
1.68%
Axis Bank Limited
CRISIL A1+
1.68%
7.44% Power Finance Corporation Limited · Bond
CRISIL AAA
1.42%
6.95% Bajaj Housing Finance Limited · Bond
CRISIL AAA
1.42%
7.57% Indian Railway Finance Corporation Limited · Bond
CRISIL AAA
1.32%
Axis Bank Limited
CRISIL A1+
1.20%
7.48% Indian Railway Finance Corporation Limited · Bond
CRISIL AAA
1.15%
7.46% Indian Railway Finance Corporation Limited · Bond
CRISIL AAA
1.15%
7.8% LIC Housing Finance Limited · Bond
CRISIL AAA
1.15%
6.97% Bajaj Housing Finance Limited · Bond
CRISIL AAA
1.13%
Punjab National Bank · Certificate of deposit
CRISIL A1+
1.12%
Kotak Mahindra Bank Limited
CRISIL A1+
1.12%
7.53% Bajaj Housing Finance Limited · Bond
CRISIL AAA
1.02%
7.66% Bajaj Housing Finance Limited · Bond
CRISIL AAA
0.86%
7.37% Indian Railway Finance Corporation Limited · Bond
CRISIL AAA
0.86%
7.75% LIC Housing Finance Limited · Bond
CRISIL AAA
0.86%
7.1% Bajaj Housing Finance Limited · Bond
CRISIL AAA
0.85%
7.24% Bajaj Finance Limited · Bond
CRISIL AAA
0.85%
Kotak Mahindra Bank Limited
CRISIL A1+
0.85%
Axis Bank Limited
CRISIL A1+
0.84%
Bank of Baroda · Certificate of deposit
CARE A1+
0.84%
Punjab National Bank · Certificate of deposit
CRISIL A1+
0.84%
Bank of Baroda · Certificate of deposit
FITCH A1+
0.82%
8.3% Indian Railway Finance Corporation Limited · Bond
CRISIL AAA
0.82%
Indian Bank · Certificate of deposit
CRISIL A1+
0.82%
Indian Bank · Certificate of deposit
CRISIL A1+
0.82%
6.6% REC Limited · Bond
ICRA AAA
0.74%
8.0409% Tata Capital Housing Finance Limited · Bond
CRISIL AAA
0.58%
7.75% Tata Capital Housing Finance Limited · Bond
CRISIL AAA
0.58%
7.73% LIC Housing Finance Limited · Bond
CRISIL AAA
0.58%
7.58% REC Limited · Bond
ICRA AAA
0.57%
7.3763% Bajaj Finance Limited · Bond
CRISIL AAA
0.57%
7.11% Bajaj Finance Limited · Bond
CRISIL AAA
0.57%
Axis Bank Limited
CRISIL A1+
0.57%
HDFC Bank Limited · Certificate of deposit
CARE A1+
0.56%
ICICI Bank Limited
ICRA A1+
0.56%
6.9% LIC Housing Finance Limited · Bond
CRISIL AAA
0.51%
8.06% Karnataka SDL (MD 27/03/2029) · State government security
SOVEREIGN
0.41%
7.39% Maharashtra SDL (MD 03/07/2030) · State government security
SOVEREIGN
0.40%
Corporate Debt Market Development Fund Class A2
0.37%
8.06% Bajaj Finance Limited · Bond
CRISIL AAA
0.29%
7.46% REC Limited · Bond
CRISIL AAA
0.29%
7.74% LIC Housing Finance Limited · Bond
CRISIL AAA
0.29%
7.45% Power Finance Corporation Limited · Bond
CRISIL AAA
0.29%
7.53% National Bank For Agriculture and Rural Development · Bond
ICRA AAA
0.29%
8.65% Tata Capital Limited · Bond
CRISIL AAA
0.29%
7.19% JIO Credit Limited · Bond
CRISIL AAA
0.28%
7.299% Kotak Mahindra Prime Limited
CRISIL AAA
0.28%
Kotak Mahindra Bank Limited
CRISIL A1+
0.28%
Union Bank of India · Certificate of deposit
ICRA A1+
0.28%
7.288% Kotak Mahindra Prime Limited
CRISIL AAA
0.28%
HDFC Bank Limited · Certificate of deposit
CARE A1+
0.28%
Small Industries Dev Bank of India · Certificate of deposit
CRISIL A1+
0.28%
HDFC Bank Limited · Certificate of deposit
CARE A1+
0.28%
HDFC Bank Limited · Certificate of deposit
CARE A1+
0.28%
Bank of Baroda · Certificate of deposit
CARE A1+
0.28%
Bank of Baroda · Certificate of deposit
CARE A1+
0.28%
Bank of Baroda · Certificate of deposit
CARE A1+
0.28%
Small Industries Dev Bank of India · Certificate of deposit
CRISIL A1+
0.22%
7.3% GOI (MD 19/06/2053) · Government security
SOVEREIGN
0.18%
7.88% Bajaj Finance Limited · Bond
CRISIL AAA
0.17%
8.04% Bajaj Housing Finance Limited · Bond
CRISIL AAA
0.17%
Punjab National Bank · Certificate of deposit
CRISIL A1+
0.11%
Axis Bank Limited
CRISIL A1+
0.06%
6.79% GOI (MD 15/05/2027) · Government security
SOVEREIGN
0.01%
8.24% GOI (MD 15/02/2027) · Government security
SOVEREIGN
0.01%
Bandhan Short Term Fund Portfolio Overlap
Funds with the most similar portfolios, across every fund house and category
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Bandhan Short Term Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.39%
Expense ratio (Regular)
0.87%
Category
Short Duration
Risk
Low to Moderate
Benchmark
NIFTY Short Duration Debt Index A-II
Launch date
13-12-2000
Minimum investment
₹1,000
Minimum additional investment
₹1,000
AUM
₹8,680.22 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
118407
ISIN (Direct)
INF194K01U07
Scheme code (Regular)
143368
ISIN (Regular)
INF194KA15K0
NAV history
From 03-01-2013, 13.8 years
Exit load
Nil
Tax on Bandhan Short Term Fund returns
Bandhan Short Term Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹65.9497
30-10-2026
direct
Annual IDCW
₹11.1784
30-10-2026
direct
Fortnightly IDCW
₹10.3651
30-10-2026
direct
Monthly IDCW
₹10.3691
30-10-2026
direct
Periodic IDCW
₹23.8055
30-10-2026
direct
Quarterly IDCW
₹10.7672
30-10-2026
regular
Annual IDCW
₹10.9334
30-10-2026
regular
Fortnightly IDCW
₹10.4053
30-10-2026
regular
Periodic IDCW
₹22.7082
30-10-2026
regular
Quarterly IDCW
₹10.8302
30-10-2026
About Bandhan Short Term Fund
Bandhan Short Term Fund is a mutual fund from Bandhan Mutual Fund. Its category is Short Duration. It was launched on 13-12-2000. Its benchmark is NIFTY Short Duration Debt Index A-II. At the end of September 2026 it held 82 securities.
Fund Manager
Suyash Choudhary
Fund manager of Bandhan Short Term Fund, since 11-03-2011
Frequently Asked Questions for Bandhan Short Term Fund
What is the current NAV of Bandhan Short Term Fund?
The Direct plan NAV is ₹65.9497. The Regular plan NAV is ₹10.9334, as on 30-10-2026.
What are the returns of Bandhan Short Term Fund?
The Direct plan returned +5.54% in 1 year, +7.64% a year over 3 years, +6.48% a year over 5 years. The Regular plan returned −1.15% in 1 year, +0.29% a year over 3 years, +0.36% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Bandhan Short Term Fund?
The Direct plan charges 0.39% a year. The Regular plan charges 0.87% a year. This is the figure the fund house reported to AMFI, in force from 08-09-2026.
What is the AUM of Bandhan Short Term Fund?
Bandhan Short Term Fund managed ₹8,680.22 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Bandhan Short Term Fund?
At the end of September 2026 the largest holdings were Small Industries Dev Bank of India (4.64%), 7.48% National Bank For Agriculture and Rural Development (4.58%), Canara Bank (4.00%), HDFC Bank Limited (3.95%), 7.07% Bajaj Finance Limited (3.10%). The fund held 82 securities in all.
How do I invest in Bandhan Short Term Fund?
Through Bandhan Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹1,000. You can invest once or through a monthly SIP.
Who is the fund manager of Bandhan Short Term Fund?
Suyash Choudhary (since 11-03-2011).
What is the exit load of Bandhan Short Term Fund?
Nil
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.
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