SBI Short Term Fund
Short DurationModerateOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹34.13-0.14%1 day
- Return since launch
- 6.6%
- 52-week range
- ₹32.62 — ₹34.20
- AUM
- ₹13,435 Cr
SBI Short Term Fund is a Short Duration debt fund from SBI Mutual Fund with ₹13,435 Cr under management, launched in 2007. Over three years it has returned 6.2% a year, against 6.7% for its category. The expense ratio is 0.87% 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 +4.6% against +4.9% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.5% | −0.3 pts | 4.8% | 4.9% |
| 2Y | 5.4% | −0.1 pts | 5.5% | 5.6% |
| 3Y | 6.2% | −0.6 pts | 6.7% | 6.3% |
| 5Y | 6.4% | +0.3 pts | 6.1% | 6.4% |
| 7Y | 6.1% | −0.2 pts | 6.3% | 6.1% |
| 10Y | 6.3% | 0.0 pts | 6.3% | 6.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.1% | −0.1 pts | 0.1% | 0.1% |
| 3M | 0.7% | −0.1 pts | 0.8% | 0.8% |
| 6M | 2.7% | −0.2 pts | 2.9% | 3.0% |
| 1Y | 4.6% | −0.2 pts | 4.8% | 4.9% |
| 2Y | 6.3% | 0.0 pts | 6.3% | 6.3% |
| 3Y | 6.8% | 0.0 pts | 6.7% | 6.8% |
| 5Y | 5.9% | −0.2 pts | 6.1% | 5.8% |
| 7Y | 6.2% | −0.1 pts | 6.4% | 6.2% |
| 10Y | 6.5% | +0.2 pts | 6.3% | 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 22 Sep 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 | 0.71 | 0.94 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 1.10 | 1.59 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.35 | 1.35 | 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 31 Aug 2026
Asset allocation
- Debt83.8%
- Other16.2%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 16.61% | ₹2,232 Cr | +1.45% | +1.15% | +1.08% |
| REC Ltd. | Financial | 4.62% | ₹620 Cr | +2.16% | +1.76% | +0.93% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.37% | ₹587 Cr | +8.65% | +6.88% | +4.24% |
| Shivshakti Securitisation Trust | Others | 4.34% | ₹583 Cr | +4.22% | +3.49% | — |
| Muthoot Finance Ltd. | Financial | 3.11% | ₹418 Cr | +4.33% | +3.53% | +2.31% |
| Siddhivinayak Securitisation Trust | Others | 2.73% | ₹366 Cr | +2.64% | +2.18% | — |
| Karnataka State | Others | 2.59% | ₹348 Cr | +2.48% | +0.29% | +0.31% |
| Gujarat State | Construction | 2.58% | ₹347 Cr | — | — | — |
| JSW Kalinga Steel Ltd. | Metals & Mining | 2.04% | ₹274 Cr | +1.92% | — | — |
| Radhakrishna Securitisation Trust | Others | 1.99% | ₹267 Cr | +1.93% | +1.16% | — |
| National Bank For Agriculture & Rural Development | Financial | 1.86% | ₹250 Cr | +1.08% | +1.18% | +2.48% |
| Mahindra Rural Housing Finance Ltd. | Financial | 1.86% | ₹250 Cr | +0.90% | +0.73% | +0.78% |
| Tata Capital Housing Finance Ltd. | Financial | 1.85% | ₹249 Cr | +0.72% | +0.59% | +0.62% |
| Union Bank of India | Financial | 1.82% | ₹245 Cr | +2.72% | +2.90% | +1.22% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | 1.68% | ₹226 Cr | +1.98% | +1.62% | +1.71% |
| Toyota Financial Services Ltd. | Financial | 1.66% | ₹223 Cr | +1.97% | +1.75% | +1.84% |
| Cholamandalam Investment and Finance Company Ltd. | Financial | 1.59% | ₹214 Cr | +1.54% | +1.26% | +1.31% |
| Cube Highways Trust | Services | 1.56% | ₹209 Cr | +1.50% | +1.23% | +1.22% |
| Tata Capital Ltd. | Financial | 1.49% | ₹200 Cr | — | — | — |
| Mindspace Business Parks REIT | Construction | 1.49% | ₹200 Cr | +2.17% | +1.75% | +1.85% |
| Sundaram Finance Ltd. | Financial | 1.49% | ₹200 Cr | — | — | +1.84% |
| Anzen India Energy Yield Plus Trust | Financial | 1.48% | ₹199 Cr | +1.43% | +1.16% | +1.23% |
| Godrej Industries Ltd. | Consumer Staples | 1.46% | ₹197 Cr | +3.89% | +3.17% | +3.34% |
| Power Finance Corporation Ltd. | Financial | 1.33% | ₹179 Cr | +1.29% | +1.06% | +1.12% |
| India Universal Trust AL1 | Others | 1.32% | ₹177 Cr | +1.32% | +1.10% | +1.20% |
| TVS Motor Company Ltd. | Automobile | 1.30% | ₹174 Cr | — | — | — |
| Interise Trust | Financial | 1.26% | ₹170 Cr | +1.22% | +1.00% | — |
| Tata Projects Ltd. | Construction | 1.15% | ₹154 Cr | — | +1.17% | +1.23% |
| GOI | Sovereign | 1.14% | ₹153 Cr | +1.64% | +1.35% | +0.47% |
| Aditya Birla Housing Finance Ltd. | Financial | 1.11% | ₹150 Cr | +2.16% | +1.76% | +1.86% |
| Bajaj Finance Ltd. | Financial | 1.11% | ₹149 Cr | — | — | +0.46% |
| National Bank For Financing Infrastructure And Development | Financial | 1.11% | ₹149 Cr | — | — | — |
| Sustainable Energy Infra Trust | Construction | 1.08% | ₹145 Cr | +1.04% | +0.86% | +0.91% |
| Aadhar Housing Finance Ltd | Financial | 0.92% | ₹123 Cr | +1.24% | +1.02% | +1.22% |
| Canara Bank | Financial | 0.91% | ₹123 Cr | — | +1.09% | +0.59% |
| Torrent Power Ltd. | Energy | 0.75% | ₹100 Cr | +0.25% | +0.20% | +0.53% |
| Bajaj Housing Finance Ltd. | Financial | 0.74% | ₹99.75 Cr | — | — | — |
| Bajaj Auto Credit Ltd. | Financial | 0.73% | ₹98.18 Cr | +0.71% | +0.58% | — |
| Tata Housing Devp. Co. Ltd | Construction | 0.62% | ₹83.78 Cr | +0.60% | +0.87% | — |
| Tamilnadu State | Others | 0.40% | ₹53.78 Cr | +1.04% | +0.86% | +0.90% |
| Bharti Telecom Ltd. | Communication | 0.37% | ₹50.24 Cr | +1.63% | +0.60% | +1.46% |
| Nexus Select Trust | Construction | 0.37% | ₹50.19 Cr | +0.36% | +0.29% | +0.31% |
| Phoenix ARC Pvt Ltd. | Diversified | 0.37% | ₹49.54 Cr | +0.36% | +0.29% | — |
| Godrej Seeds & Genetics Ltd. | Consumer Staples | 0.37% | ₹49.49 Cr | +0.71% | +0.58% | +0.39% |
| Reserve Bank of India | Financial | 0.37% | ₹49.38 Cr | — | — | — |
| Indian Bank | Financial | 0.37% | ₹49.08 Cr | — | — | +0.29% |
| West Bengal State | Others | 0.30% | ₹39.88 Cr | — | — | — |
| Chhattisgarh State | Others | 0.25% | ₹33.67 Cr | +0.24% | +0.20% | — |
| BNP Paribas | Financial | -1.86% | ₹-250.00 Cr | — | — | — |
| ICICI Securities Primary Dealership Ltd. | Financial | -3.72% | ₹-500.00 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Bajaj Finance Ltd. | 3.22% | 1.11% | -2.11% |
| TVS Motor Company Ltd. | 0.00% | 1.30% | +1.30% |
| Tata Projects Ltd. | 0.00% | 1.15% | +1.15% |
| Canara Bank | 0.00% | 0.91% | +0.91% |
| Gujarat State | 3.23% | 2.58% | -0.65% |
| company:11725 | 0.57% | 0.00% | -0.57% |
| company:11622 | 0.54% | 0.00% | -0.54% |
| GOI | 1.65% | 1.14% | -0.51% |
| Reserve Bank of India | 0.00% | 0.37% | +0.37% |
| Aditya Birla Housing Finance Ltd. | 1.44% | 1.11% | -0.33% |
| West Bengal State | 0.00% | 0.30% | +0.30% |
| company:4739 | 0.18% | 0.00% | -0.18% |
| Bharti Telecom Ltd. | 0.54% | 0.37% | -0.17% |
| ICICI Securities Primary Dealership Ltd. | -3.57% | -3.72% | -0.15% |
| Shivshakti Securitisation Trust | 4.19% | 4.34% | +0.15% |
| Siddhivinayak Securitisation Trust | 2.63% | 2.73% | +0.10% |
| JSW Kalinga Steel Ltd. | 1.95% | 2.04% | +0.09% |
| Karnataka State | 2.51% | 2.59% | +0.08% |
| Radhakrishna Securitisation Trust | 1.91% | 1.99% | +0.08% |
| BNP Paribas | -1.79% | -1.86% | -0.08% |
| Mahindra Rural Housing Finance Ltd. | 1.79% | 1.86% | +0.07% |
| Toyota Financial Services Ltd. | 1.60% | 1.66% | +0.06% |
| Cholamandalam Investment and Finance Company Ltd. | 1.53% | 1.59% | +0.06% |
| Anzen India Energy Yield Plus Trust | 1.42% | 1.48% | +0.06% |
| Jamnagar Utilities and Power Pvt. Ltd. | 1.62% | 1.68% | +0.06% |
| Cube Highways Trust | 1.50% | 1.56% | +0.06% |
| Mindspace Business Parks REIT | 1.43% | 1.49% | +0.06% |
| Small Industries Devp. Bank of India Ltd. | 2.11% | 2.17% | +0.06% |
| Interise Trust | 1.21% | 1.26% | +0.05% |
| Tata Capital Ltd. | 1.44% | 1.49% | +0.05% |
| Muthoot Finance Ltd. | 1.07% | 1.11% | +0.04% |
| Power Finance Corporation Ltd. | 1.29% | 1.33% | +0.04% |
| Tata Capital Housing Finance Ltd. | 1.27% | 1.31% | +0.04% |
| Aadhar Housing Finance Ltd | 0.88% | 0.92% | +0.04% |
| Union Bank of India | 0.68% | 0.72% | +0.04% |
| National Bank For Financing Infrastructure And Development | 1.07% | 1.11% | +0.04% |
| REC Ltd. | 1.43% | 1.47% | +0.04% |
| Sundaram Finance Ltd. | 1.08% | 1.11% | +0.03% |
| Bajaj Housing Finance Ltd. | 0.71% | 0.74% | +0.03% |
| Sustainable Energy Infra Trust | 1.05% | 1.08% | +0.03% |
| Bajaj Auto Credit Ltd. | 0.70% | 0.73% | +0.03% |
| India Universal Trust AL1 | 1.29% | 1.32% | +0.03% |
| Torrent Power Ltd. | 0.72% | 0.75% | +0.03% |
| Tata Housing Devp. Co. Ltd | 0.60% | 0.62% | +0.02% |
| Others | 0.36% | 0.38% | +0.02% |
| Indian Bank | 0.35% | 0.37% | +0.02% |
| Nexus Select Trust | 0.36% | 0.37% | +0.01% |
| National Bank For Agriculture & Rural Development | 0.36% | 0.37% | +0.01% |
| Chhattisgarh State | 0.24% | 0.25% | +0.01% |
| Tamilnadu State | 0.39% | 0.40% | +0.01% |
| Phoenix ARC Pvt Ltd. | 0.36% | 0.37% | +0.01% |
| Godrej Seeds & Genetics Ltd. | 0.36% | 0.37% | +0.01% |
| Godrej Industries Ltd. | 0.18% | 0.19% | +0.01% |
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 | ₹11,181 Cr | 0.91% | 5.2% | 6.6% | 6.7% |
 ICICI Prudential Short Term Fund | ₹19,403 Cr | 1.05% | 5.3% | 6.6% | 6.9% |
 HDFC Short Term Fund | ₹14,486 Cr | 0.72% | 4.9% | 6.5% | 6.7% |
 Bandhan Short Term Fund | ₹8,731 Cr | 0.87% | 5.9% | 6.7% | 6.7% |
 Axis Short Term Fund | ₹7,501 Cr | 0.93% | 5.2% | 6.7% | 6.7% |
 Aditya Birla Sun Life Short Term Fund | ₹5,782 Cr | 0.96% | 4.9% | 6.4% | 6.6% |
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 months2.71% absolute | ₹60,000 | ₹61,626 | 2.71% | |
| 1 year4.58% annualised | ₹1,20,000 | ₹1,23,019 | 2.52% | |
| 3 years6.75% annualised | ₹3,60,000 | ₹4,00,043 | 11.12% | |
| 5 years5.87% annualised | ₹6,00,000 | ₹6,98,776 | 16.46% |
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 ₹34.13 as on 24 Sep 2026.
What is the expense ratio of SBI Short Term Fund?
The expense ratio of SBI Short Term Fund is 0.87% 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 4.5% over 1 year, 6.2% over 3 years and 6.4% 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 ₹12,81,381 Cr under management.