SBI Short Term Fund
Short DurationModerateOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹34.26+0.07%1 day
- Return since launch
- 6.6%
- 52-week range
- ₹32.93 — ₹34.24
- AUM
- ₹12,967 Cr
SBI Short Term Fund is a Short Duration debt fund from SBI Mutual Fund with ₹12,967 Cr under management, launched in 2007. Over three years it has returned 5.8% a year, against 6.7% for its category. The expense ratio is 0.88% and the SEBI riskometer reading is Moderate.
Performance
SBI Short Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.9% against +4.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.0% | −0.3 pts | 4.3% | 4.5% |
| 2Y | 5.0% | −0.1 pts | 5.1% | 5.2% |
| 3Y | 5.8% | −0.8 pts | 6.7% | 6.0% |
| 5Y | 6.2% | +0.2 pts | 6.0% | 6.3% |
| 7Y | 6.0% | −0.2 pts | 6.2% | 6.0% |
| 10Y | 6.2% | 0.0 pts | 6.2% | 6.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | −0.1 pts | 0.5% | 0.5% |
| 3M | 0.2% | −0.2 pts | 0.4% | 0.4% |
| 6M | 2.4% | −0.2 pts | 2.6% | 2.7% |
| 1Y | 4.0% | −0.3 pts | 4.3% | 4.3% |
| 2Y | 6.1% | 0.0 pts | 6.0% | 6.2% |
| 3Y | 6.7% | 0.0 pts | 6.7% | 6.7% |
| 5Y | 5.9% | −0.2 pts | 6.0% | 5.8% |
| 7Y | 6.1% | −0.2 pts | 6.2% | 6.0% |
| 10Y | 6.4% | +0.2 pts | 6.2% | 6.4% |
Since launch (19 Jul 2007): 6.6%
Calendar-year returns
Category average9.9%
2.8%
3.5%
6.8%
7.7%
7.8%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.8% | −0.3 pts | 8.1% |
| 2024 | 7.7% | −0.6 pts | 8.3% |
| 2023 | 6.8% | −0.6 pts | 7.3% |
| 2022 | 3.5% | −1.4 pts | 5.0% |
| 2021 | 2.8% | −1.8 pts | 4.5% |
| 2020 | 9.9% | +0.1 pts | 9.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.87%
Expense ratio as on 5 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.73%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.13%
- Exit load
- Exit load of 0.25% if redeemed within 45 days
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Short Duration Debt A-II Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Moderate
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.57 | 0.83 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.88 | 1.36 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.43 | 1.37 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
SBI Short Term Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt81.5%
- Other18.5%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 10.15% | ₹1,344 Cr | +1.44% | +1.36% | +1.12% |
| National Bank For Agriculture & Rural Development | Financial | 4.80% | ₹636 Cr | +0.72% | +1.28% | +2.50% |
| REC Ltd. | Financial | 4.67% | ₹619 Cr | +2.15% | +2.06% | +0.18% |
| Shivshakti Securitisation Trust | Others | 4.32% | ₹573 Cr | +4.21% | +4.04% | +2.31% |
| HDFC Bank Ltd. | Financial | 4.07% | ₹539 Cr | — | +0.96% | +0.60% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.06% | ₹538 Cr | +6.15% | +6.12% | +4.14% |
| Muthoot Finance Ltd. | Financial | 3.16% | ₹418 Cr | +2.16% | +4.13% | +1.14% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 3.08% | ₹408 Cr | +3.10% | +2.95% | +2.68% |
| Siddhivinayak Securitisation Trust | Others | 2.71% | ₹358 Cr | +2.65% | +2.53% | +2.30% |
| Karnataka State | Others | 2.59% | ₹343 Cr | +2.50% | +3.38% | +0.31% |
| Gujarat State | Construction | 2.58% | ₹342 Cr | +3.23% | — | — |
| JSW Kalinga Steel Ltd. | Metals & Mining | 2.08% | ₹276 Cr | +1.95% | +1.38% | — |
| Interise Trust | Financial | 2.00% | ₹265 Cr | +1.22% | +1.17% | — |
| Radhakrishna Securitisation Trust | Others | 1.98% | ₹262 Cr | +1.92% | +1.34% | +1.24% |
| Mahindra Rural Housing Finance Ltd. | Financial | 1.89% | ₹250 Cr | +1.79% | +0.86% | +0.78% |
| Union Bank of India | Financial | 1.85% | ₹245 Cr | +0.68% | +2.73% | — |
| Bajaj Housing Finance Ltd. | Financial | 1.78% | ₹235 Cr | — | — | — |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 1.70% | ₹225 Cr | +1.63% | +1.89% | +1.72% |
| Tata Capital Housing Finance Ltd. | Financial | 1.68% | ₹222 Cr | +2.55% | +0.69% | +0.62% |
| Cube Highways Trust | Services | 1.58% | ₹209 Cr | +1.51% | +1.43% | +1.23% |
| Tata Capital Ltd. | Financial | 1.51% | ₹200 Cr | +1.45% | — | — |
| Mindspace Business Parks REIT | Construction | 1.51% | ₹199 Cr | +1.08% | +2.06% | +1.87% |
| Anzen India Energy Yield Plus Trust | Financial | 1.50% | ₹198 Cr | +1.43% | +1.36% | +1.24% |
| Power Finance Corporation Ltd. | Financial | 1.50% | ₹198 Cr | +1.30% | +1.24% | +1.13% |
| Toyota Financial Services Ltd. | Financial | 1.50% | ₹198 Cr | +1.96% | +2.05% | +1.86% |
| India Universal Trust AL1 | Others | 1.32% | ₹174 Cr | +1.30% | +1.28% | +1.20% |
| TVS Motor Company Ltd. | Automobile | 1.31% | ₹173 Cr | — | — | — |
| Tata Projects Ltd. | Construction | 1.16% | ₹153 Cr | — | — | +1.24% |
| IDFC First Bank Ltd. | Financial | 1.13% | ₹150 Cr | — | — | — |
| Aditya Birla Housing Finance Ltd. | Financial | 1.13% | ₹149 Cr | +1.45% | +2.06% | +1.87% |
| Sundaram Finance Ltd. | Financial | 1.12% | ₹149 Cr | +1.08% | — | — |
| National Bank For Financing Infrastructure And Development | Financial | 1.12% | ₹148 Cr | +1.08% | — | — |
| Sustainable Energy Infra Trust | Construction | 1.09% | ₹145 Cr | +1.05% | +1.00% | +0.91% |
| RJ Corp Ltd. | Consumer Staples | 0.94% | ₹124 Cr | — | — | — |
| Bajaj Finance Ltd. | Financial | 0.93% | ₹123 Cr | — | — | +0.31% |
| Aadhar Housing Finance Ltd | Financial | 0.93% | ₹123 Cr | +0.89% | +1.19% | +1.23% |
| Motilal Oswal Financial Services Ltd. | Financial | 0.75% | ₹99.95 Cr | — | — | — |
| Torrent Power Ltd. | Energy | 0.75% | ₹99.35 Cr | +0.72% | +0.24% | +0.37% |
| Axis Bank Ltd. | Financial | 0.74% | ₹98.10 Cr | — | — | +1.18% |
| Bajaj Auto Credit Ltd. | Financial | 0.74% | ₹98.09 Cr | +0.71% | +0.68% | — |
| Godrej Industries Ltd. | Consumer Staples | 0.56% | ₹73.53 Cr | +0.36% | +3.71% | +3.36% |
| Godrej Seeds & Genetics Ltd. | Consumer Staples | 0.48% | ₹63.90 Cr | +0.36% | +0.68% | +0.62% |
| Bharti Telecom Ltd. | Communication | 0.38% | ₹50.18 Cr | +0.54% | +0.70% | +0.64% |
| Nexus Select Trust | Construction | 0.38% | ₹50.07 Cr | +0.36% | +0.34% | +0.31% |
| Punjab National Bank | Financial | 0.38% | ₹50.00 Cr | — | +0.48% | — |
| Reserve Bank of India | Financial | 0.37% | ₹49.59 Cr | — | — | — |
| Phoenix ARC Pvt Ltd. | Diversified | 0.37% | ₹49.39 Cr | +0.36% | +0.34% | — |
| Kotak Mahindra Prime Ltd. | Financial | 0.22% | ₹29.79 Cr | — | — | — |
| Canara Bank | Financial | 0.19% | ₹24.71 Cr | — | — | +0.60% |
| Bank Of Baroda | Financial | 0.19% | ₹24.55 Cr | — | +1.35% | — |
| West Bengal State | Others | 0.18% | ₹24.48 Cr | — | — | — |
| Tamilnadu State | Others | 0.01% | ₹1.95 Cr | +1.05% | +1.00% | +0.91% |
| GOI | Sovereign | 0.01% | ₹1.34 Cr | +1.66% | +1.57% | +0.38% |
| BNP Paribas | Financial | -1.89% | ₹-250.00 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| HDFC Bank Ltd. | 0.00% | 4.07% | +4.07% |
| company:4647 | -3.72% | 0.00% | +3.72% |
| National Bank For Agriculture & Rural Development | 0.37% | 2.22% | +1.85% |
| Union Bank of India | 0.72% | 1.85% | +1.13% |
| IDFC First Bank Ltd. | 0.00% | 1.13% | +1.13% |
| GOI | 1.14% | 0.01% | -1.13% |
| Bajaj Housing Finance Ltd. | 0.74% | 1.78% | +1.03% |
| RJ Corp Ltd. | 0.00% | 0.94% | +0.94% |
| Motilal Oswal Financial Services Ltd. | 0.00% | 0.75% | +0.75% |
| Axis Bank Ltd. | 0.00% | 0.74% | +0.74% |
| Interise Trust | 1.26% | 2.00% | +0.74% |
| Canara Bank | 0.91% | 0.19% | -0.73% |
| company:5761 | 0.62% | 0.00% | -0.62% |
| Tamilnadu State | 0.40% | 0.01% | -0.39% |
| Punjab National Bank | 0.00% | 0.38% | +0.38% |
| company:5434 | 0.37% | 0.00% | -0.37% |
| company:13087 | 0.25% | 0.00% | -0.25% |
| Kotak Mahindra Prime Ltd. | 0.00% | 0.22% | +0.22% |
| Bank Of Baroda | 0.00% | 0.19% | +0.19% |
| Tata Capital Housing Finance Ltd. | 1.31% | 1.13% | -0.18% |
| Bajaj Finance Ltd. | 1.11% | 0.93% | -0.18% |
| Power Finance Corporation Ltd. | 1.33% | 1.50% | +0.17% |
| Toyota Financial Services Ltd. | 1.66% | 1.50% | -0.17% |
| Godrej Seeds & Genetics Ltd. | 0.37% | 0.48% | +0.11% |
| West Bengal State | 0.30% | 0.18% | -0.11% |
| Cholamandalam Investment and Finance Company Ltd. | 1.59% | 1.48% | -0.11% |
| JSW Kalinga Steel Ltd. | 2.04% | 2.08% | +0.04% |
| Mahindra Rural Housing Finance Ltd. | 1.86% | 1.89% | +0.03% |
| BNP Paribas | -1.86% | -1.89% | -0.03% |
| Muthoot Finance Ltd. | 1.11% | 1.13% | +0.02% |
| Siddhivinayak Securitisation Trust | 2.73% | 2.71% | -0.02% |
| Jamnagar Utilities and Power Pvt. Ltd. | 1.68% | 1.70% | +0.02% |
| Cube Highways Trust | 1.56% | 1.58% | +0.02% |
| Mindspace Business Parks REIT | 1.49% | 1.51% | +0.02% |
| Anzen India Energy Yield Plus Trust | 1.48% | 1.50% | +0.02% |
| Tata Capital Ltd. | 1.49% | 1.51% | +0.02% |
| Small Industries Devp. Bank of India Ltd. | 2.17% | 2.18% | +0.02% |
| Shivshakti Securitisation Trust | 4.34% | 4.32% | -0.02% |
| REC Ltd. | 1.47% | 1.48% | +0.01% |
| Tata Projects Ltd. | 1.15% | 1.16% | +0.01% |
| Aditya Birla Housing Finance Ltd. | 1.11% | 1.13% | +0.01% |
| TVS Motor Company Ltd. | 1.30% | 1.31% | +0.01% |
| National Bank For Financing Infrastructure And Development | 1.11% | 1.12% | +0.01% |
| Sustainable Energy Infra Trust | 1.08% | 1.09% | +0.01% |
| Bajaj Auto Credit Ltd. | 0.73% | 0.74% | +0.01% |
| Aadhar Housing Finance Ltd | 0.92% | 0.93% | +0.01% |
| Sundaram Finance Ltd. | 1.11% | 1.12% | +0.01% |
| Reserve Bank of India | 0.37% | 0.37% | +0.01% |
| Others | 0.38% | 0.39% | +0.01% |
| Radhakrishna Securitisation Trust | 1.99% | 1.98% | -0.01% |
| Bharti Telecom Ltd. | 0.37% | 0.38% | 0.00% |
| Torrent Power Ltd. | 0.75% | 0.75% | 0.00% |
| Nexus Select Trust | 0.37% | 0.38% | 0.00% |
| Phoenix ARC Pvt Ltd. | 0.37% | 0.37% | 0.00% |
| India Universal Trust AL1 | 1.32% | 1.32% | 0.00% |
| Karnataka State | 2.59% | 2.59% | 0.00% |
| Godrej Industries Ltd. | 0.19% | 0.19% | 0.00% |
| Gujarat State | 2.58% | 2.58% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹7,266 Cr | 0.78% | 5.1% | 6.3% | 6.6% |
 ICICI Prudential Short Term Fund | ₹18,468 Cr | 1.03% | 4.7% | 6.3% | 6.7% |
 Bandhan Short Term Fund | ₹8,628 Cr | 0.86% | 5.3% | 6.4% | 6.6% |
 Axis Short Term Fund | ₹7,395 Cr | 0.95% | 5.0% | 6.5% | 6.7% |
 Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund | ₹1,651 Cr | 0.33% | 6.0% | — | — |
 Sundaram Short Term Fund | ₹190 Cr | 0.73% | 4.7% | 6.0% | 6.3% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide investors an opportunity to generate regular income through investments in a portfolio comprising predominantly of debt instruments which are rated not below investment grade and money market instruments such that the Macaulay duration of the portfolio is between 1 year and 3 years.
Fund managers
- Mansi SajejaMs. Sajeja is a CFA and has done Post Graduate Diploma in Business Management.Prior to joining SBIFMPL, she was Rating Analyst at ICRA Limited.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.40% absolute | ₹60,000 | ₹61,440 | 2.40% | |
| 1 year3.96% annualised | ₹1,20,000 | ₹1,22,605 | 2.17% | |
| 3 years6.68% annualised | ₹3,60,000 | ₹3,99,600 | 11.00% | |
| 5 years5.88% annualised | ₹6,00,000 | ₹6,98,961 | 16.49% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of SBI Short Term Fund?
The NAV of SBI Short Term Fund is ₹34.26 as on 9 Nov 2026.
What is the expense ratio of SBI Short Term Fund?
The expense ratio of SBI Short Term Fund is 0.88% per year.
What is the minimum SIP amount for SBI Short Term Fund?
You can start a SIP in SBI Short Term Fund with ₹3,000 a month.
What returns has SBI Short Term Fund given?
SBI Short Term Fund has returned 4.0% over 1 year, 5.8% over 3 years and 6.2% over 5 years (annualised).
Is there a lock-in or exit load on SBI Short Term Fund?
Lock-in: None. Exit load: Exit load of 0.25% if redeemed within 45 days.
How risky is SBI Short Term Fund?
SBI Short Term Fund is rated Moderate on the SEBI riskometer and belongs to the Short Duration category.
Which fund house manages SBI Short Term Fund?
SBI Short Term Fund is managed by SBI Mutual Fund, which runs 80 schemes with ₹13,34,527 Cr under management.