Should I invest in ING Short Term Income Fund?

We don't give personal investment advice. ING Short Term Income Fund-Growth Option is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.5%. 5-year CAGR: 7.54%.

ING

ING Short Term Income Fund-Growth Option

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	-0.01%	-9.99%	+9.98	726 / 1129	Q3
1W	+0.17%	-13.04%	+13.21	152 / 1151	Q1
2W	+0.30%	-13.18%	+13.48	146 / 1149	Q1
1M	+0.64%	-13.26%	+13.91	129 / 1137	Q1
3M	+1.67%	-13.15%	+14.82	169 / 1116	Q1
6M	+4.49%	-15.45%	+19.95	146 / 906	Q1
YTD	+6.95%	-15.77%	+22.73	71 / 952	Q1
1Y	+8.08%	-13.09%	+21.17	188 / 820	Q1
2Y	+7.36%	-12.72%	+20.08	87 / 446	Q1
3Y	+8.16%	-11.01%	+19.17	41 / 385	Q1
4Y	+8.12%	-6.52%	+14.64	57 / 339	Q1
5Y	+7.54%	-7.36%	+14.90	71 / 314	Q1
7Y	+8.11%	+2.53%	+5.58	37 / 234	Q1
10Y	—	—	—	—	—
Inception	+8.23%	-13.63%	+21.87	172 / 1199	Q1

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
2014 YTD	+6.95%	+5.51%	+1.44	115 / 240
2013	+5.70%	-1.95%	+7.65	79 / 276
2012	+9.43%	+1.38%	+8.05	80 / 295
2011	+9.01%	-3.16%	+12.17	57 / 317
2010	+4.90%	-5.78%	+10.68	82 / 377
2009	+7.56%	-12.86%	+20.41	146 / 713
2008	+10.63%	-2.02%	+12.66	28 / 380
2007	+9.59%	+4.84%	+4.75	37 / 142
2006	—	—	—	—

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

+8.19%

92 windows

min 4.7% · max 12.4%

100% positive

3-Year rolling

+8.20%

68 windows

min 6.6% · max 10.0%

100% positive

5-Year rolling

+8.06%

44 windows

min 7.1% · max 8.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+8.25%

19 windows

min 8.0% · max 8.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

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

1.80%

3-year · annualised

Sharpe ratio

0.77

vs risk-free 6.5%

Sortino ratio

1.42

Downside-only deviation

Max drawdown

-3.55%

Jun 2013 → Aug 2013

% positive months

91.7%

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.

Recent NAVs

Date	NAV
9 Oct 2014	₹24.1864
8 Oct 2014	₹24.1892
7 Oct 2014	₹24.1783
1 Oct 2014	₹24.1463
30 Sep 2014	₹24.1363
29 Sep 2014	₹24.1312
26 Sep 2014	₹24.1223
25 Sep 2014	₹24.1142
24 Sep 2014	₹24.1086
23 Sep 2014	₹24.1043

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.

ING Short Term Income Fund-Growth Option is a Income from ING (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

ING Short Term Income Fund-Growth Option has NAV history starting from 03 Apr 2006, a track record of about 20 years 2 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.

ING Short Term Income Fund-Growth Option is managed by ING. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, ING Short Term Income Fund-Growth Option has delivered a absolute return of 8.08% — +21.17 pp ahead of the Income category average of -13.09%. The fund ranks #188 of 820 in its category — the top (Q1) quartile.

Over the trailing 3-year window, ING Short Term Income Fund-Growth Option has delivered a CAGR of 8.16% — +19.17 pp ahead of the Income category average of -11.01%. The fund ranks #41 of 385 in its category — the top (Q1) quartile.

Over the trailing 5-year window, ING Short Term Income Fund-Growth Option has delivered a CAGR of 7.54% — +14.9 pp ahead of the Income category average of -7.36%. The fund ranks #71 of 314 in its category — the top (Q1) quartile.

₹1 lakh invested in ING Short Term Income Fund-Growth Option exactly 5 years ago would be worth approximately ₹143,815 today — a multiplier of 1.44×, based on the 5-year CAGR of 7.54%. The category average over the same window would have grown ₹1 lakh to ₹68,226.

A ₹10,000 monthly SIP in ING Short Term Income Fund-Growth Option over the last 5 years — total invested ₹600,000 — would be worth ₹732,452 today. That's an XIRR (money-weighted annualised return) of 7.90%.

ING Short Term Income Fund-Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,111,931 — XIRR 7.88%.

On a 5-year basis, ING Short Term Income Fund-Growth Option ranks #71 out of 314 funds in the Income category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -7.36%; this fund delivered 7.54%.

The worst peak-to-trough decline ING Short Term Income Fund-Growth Option has experienced over the last 5-year window is 3.55% — its NAV fell from a high on 19 Jun 2013 to a low on 19 Aug 2013. 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, ING Short Term Income Fund-Growth Option averaged 8.06% (best 8.57%, worst 7.15%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.54 — reasonable risk-adjusted performance.

In calendar year 2013, ING Short Term Income Fund-Growth Option returned 5.70% — beating the Income category average of -1.95% by 7.65 pp. It ranked #79 of 276 in its category that year.

ING Short Term Income Fund-Growth Option is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. ING Short Term Income Fund-Growth Option is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 3.5%. 5-year CAGR: 7.54%.

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