Should I invest in Birla Sun Life Short Term Fund (Fortnightly Dividend)?

We don't give personal investment advice. Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 13.5%. 5-year CAGR: -1.81%.

Birla Sun Life

Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend)

Unit split applied to historical metrics

This scheme had a 10× unit consolidation on 7 Oct 2011. Returns, SIP simulations and risk metrics on this page are split-adjusted — they reflect what a real investor's portfolio experienced (a consolidation doesn't change portfolio value, only the unit count and per-unit NAV).

Latest NAV

₹147.9373

As of

10 Jun 2026

4,362 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.26%	+0.15%	+0.10	1 / 8	Q1
1W	+0.77%	+0.58%	+0.19	3 / 8	Q2
2W	+0.99%	+0.66%	+0.33	3 / 8	Q2
1M	+0.71%	+0.51%	+0.21	4 / 8	Q2
3M	-5.01%	-0.24%	-4.76	8 / 8	Q4
6M	-4.34%	-0.01%	-4.33	8 / 8	Q4
YTD	-4.46%	+0.08%	-4.55	8 / 8	Q4
1Y	-2.47%	-0.15%	-2.32	7 / 8	Q4
2Y	+0.36%	+1.45%	-1.09	6 / 8	Q3
3Y	-2.39%	+1.09%	-3.48	8 / 8	Q4
4Y	-1.63%	+1.36%	-2.99	8 / 8	Q4
5Y	-1.81%	+1.22%	-3.03	8 / 8	Q4
7Y	-0.48%	+1.86%	-2.34	8 / 8	Q4
10Y	+1.28%	+2.18%	-0.90	4 / 8	Q2
Inception	+2.18%	+2.46%	-0.28	3 / 8	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-4.46%	+0.11%	-4.57	6 / 6
2025	+7.33%	+3.55%	+3.78	3 / 6
2024	-5.74%	+0.55%	-6.29	7 / 8
2023	-6.09%	+0.99%	-7.08	8 / 8
2022	-1.52%	+0.43%	-1.96	8 / 8
2021	-1.66%	+0.27%	-1.94	8 / 8
2020	+4.21%	+4.83%	-0.63	6 / 8
2019	+2.30%	+4.94%	-2.64	8 / 8
2018	+6.62%	+2.19%	+4.43	1 / 8
2017	+4.92%	+1.46%	+3.46	3 / 8
2016	+12.20%	+5.33%	+6.88	1 / 8

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+2.53%

209 windows

min -7.8% · max 14.0%

75% positive

3-Year rolling

+2.78%

184 windows

min -4.4% · max 11.0%

79% positive

5-Year rolling

+3.30%

160 windows

min -2.4% · max 9.0%

81% positive

7-Year rolling

+3.81%

136 windows

min -0.5% · max 7.2%

89% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

7.35%

3-year · annualised

Sharpe ratio

-1.18

vs risk-free 6.5%

Sortino ratio

-1.23

Downside-only deviation

Max drawdown

-12.39%

Dec 2023 → Dec 2024

% positive months

86.1%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Banking & PSU Fund

Scheme	Fund house	NAV	As of
HDFC Banking and PSU Debt Fund - IDCW Option	HDFC	₹10.1812	10 Jun 2026
NIPPON INDIA BANKING and PSU FUND - Direct Plan - IDCW Option	Nippon India	₹22.6114	10 Jun 2026
SBI Banking & PSU Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,530.8972	10 Jun 2026
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Quarterly IDCW	ICICI Prudential	₹13.0479	10 Jun 2026
Invesco India Banking and PSU Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,064.4931	10 Jun 2026
Bandhan Banking and PSU Fund - Direct Annual IDCW	Bandhan	₹12.2197	10 Jun 2026
Aditya Birla Sun Life Banking & PSU Debt Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹105.6569	10 Jun 2026
Franklin India Banking and PSU Debt Fund - Direct - IDCW	Franklin India	₹11.5934	10 Jun 2026
Mirae Asset Banking and PSU Fund - Direct Plan - IDCW	Mirae Asset	₹13.8479	10 Jun 2026
Kotak Banking and PSU Debt - Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹12.9240	10 Jun 2026

Recent NAVs

Date	NAV
10 Jun 2026	₹147.9373
9 Jun 2026	₹147.8300
8 Jun 2026	₹147.4520
5 Jun 2026	₹147.1742
4 Jun 2026	₹146.7589
3 Jun 2026	₹146.6764
2 Jun 2026	₹146.7011
1 Jun 2026	₹146.6131
29 May 2026	₹146.5535
27 May 2026	₹146.4530

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 10 Jun 2026, the NAV of Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) is ₹147.9373. It's a Banking & PSU Fund from Birla Sun Life, run as a Institutional plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) has NAV history starting from 08 May 2008, a track record of about 18 years 1 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) is managed by Birla Sun Life. It's classified by AMFI under the 'Banking & PSU Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) has delivered a absolute return of -2.47% — -2.32 pp behind the Banking & PSU Fund category average of -0.15%. The fund ranks #7 of 8 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) has delivered a CAGR of -2.39% — -3.48 pp behind the Banking & PSU Fund category average of 1.09%. The fund ranks #8 of 8 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) has delivered a CAGR of -1.81% — -3.03 pp behind the Banking & PSU Fund category average of 1.22%. The fund ranks #8 of 8 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) exactly 10 years ago would be worth approximately ₹113,589 today — a multiplier of 1.14×, based on the 10-year CAGR of 1.28%. The category average over the same window would have grown ₹1 lakh to ₹124,052.

A ₹10,000 monthly SIP in Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) over the last 5 years — total invested ₹600,000 — would be worth ₹569,648 today. That's an XIRR (money-weighted annualised return) of -2.04%.

A ₹10,000 monthly SIP for 10 years in Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) = ₹1,200,000 invested. It would currently be worth ₹1,155,562 (multiplier 0.96×). XIRR: -0.75%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) ranks #8 out of 8 funds in the Banking & PSU Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 1.22%; this fund delivered -1.81%.

The worst peak-to-trough decline Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) has experienced over the last 5-year window is 13.45% — its NAV fell from a high on 23 Feb 2022 to a low on 20 Dec 2024. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) averaged 3.30% (best 9.03%, worst -2.43%). 81% of rolling windows ended positive. The 5-year Sharpe ratio is -1.23 — negative risk-adjusted performance.

In calendar year 2025, Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) returned 7.33% — beating the Banking & PSU Fund category average of 3.55% by 3.78 pp. It ranked #3 of 6 in its category that year.

Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 13.5%. 5-year CAGR: -1.81%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.