Should I invest in Morgan Stanley Short Term Bond Fund- Regular?

We don't give personal investment advice. Morgan Stanley Short Term Bond Fund- Regular- Dividend 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: 3.1%. 5-year CAGR: 0.70%.

Morgan Stanley

Morgan Stanley Short Term Bond Fund- Regular- Dividend

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	+0.09%	-14.54%	+14.63	21 / 373	Q1
1W	-0.35%	-15.89%	+15.54	153 / 369	Q2
2W	-0.25%	-15.78%	+15.53	143 / 371	Q2
1M	-0.62%	-16.05%	+15.43	193 / 373	Q3
3M	-0.13%	-17.27%	+17.15	191 / 366	Q3
6M	+0.35%	-30.18%	+30.53	145 / 393	Q2
YTD	+0.82%	-32.85%	+33.68	127 / 414	Q2
1Y	+0.74%	-15.79%	+16.54	132 / 309	Q2
2Y	+0.82%	-13.41%	+14.23	74 / 142	Q3
3Y	+1.00%	-6.89%	+7.89	51 / 95	Q3
4Y	+0.88%	+2.81%	-1.93	51 / 84	Q3
5Y	+0.70%	+2.94%	-2.24	49 / 76	Q3
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+0.75%	-35.69%	+36.44	134 / 497	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
2014 YTD	+0.82%	+4.08%	-3.25	42 / 76
2013	+1.14%	+2.34%	-1.19	32 / 76
2012	+0.87%	+3.72%	-2.85	43 / 78
2011	+0.62%	+3.23%	-2.61	42 / 66
2010	+0.47%	-11.73%	+12.20	52 / 132
2009	—	—	—	—

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

+0.64%

50 windows

min -1.1% · max 2.5%

88% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+0.71%

26 windows

min 0.3% · max 1.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

+0.79%

2 windows

min 0.7% · max 0.9%

100% positive

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

7-Year rolling

—

Insufficient history

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

1.98%

3-year · annualised

Sharpe ratio

-2.77

vs risk-free 6.5%

Sortino ratio

-4.40

Downside-only deviation

Max drawdown

-3.07%

May 2013 → Aug 2013

% positive months

55.6%

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
26 Jun 2014	₹10.3892
25 Jun 2014	₹10.3794
24 Jun 2014	₹10.3785
23 Jun 2014	₹10.3774
20 Jun 2014	₹10.4264
19 Jun 2014	₹10.4258
18 Jun 2014	₹10.4274
17 Jun 2014	₹10.4233
16 Jun 2014	₹10.4230
13 Jun 2014	₹10.4210

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.

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

Morgan Stanley Short Term Bond Fund- Regular- Dividend has NAV history starting from 27 May 2009, a track record of about 17 years. 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.

Morgan Stanley Short Term Bond Fund- Regular- Dividend is managed by Morgan Stanley. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Morgan Stanley Short Term Bond Fund- Regular- Dividend has delivered a absolute return of 0.74% — +16.54 pp ahead of the Income category average of -15.79%. The fund ranks #132 of 309 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Morgan Stanley Short Term Bond Fund- Regular- Dividend has delivered a CAGR of 1.00% — +7.89 pp ahead of the Income category average of -6.89%. The fund ranks #51 of 95 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Morgan Stanley Short Term Bond Fund- Regular- Dividend has delivered a CAGR of 0.70% — -2.24 pp behind the Income category average of 2.94%. The fund ranks #49 of 76 in its category — the third (Q3) quartile.

₹1 lakh invested in Morgan Stanley Short Term Bond Fund- Regular- Dividend exactly 5 years ago would be worth approximately ₹103,542 today — a multiplier of 1.04×, based on the 5-year CAGR of 0.70%. The category average over the same window would have grown ₹1 lakh to ₹115,573.

A ₹10,000 monthly SIP in Morgan Stanley Short Term Bond Fund- Regular- Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹612,772 today. That's an XIRR (money-weighted annualised return) of 0.83%.

Morgan Stanley Short Term Bond Fund- Regular- Dividend doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹612,772 — XIRR 0.83%.

On a 5-year basis, Morgan Stanley Short Term Bond Fund- Regular- Dividend ranks #49 out of 76 funds in the Income category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 2.94%; this fund delivered 0.70%.

The worst peak-to-trough decline Morgan Stanley Short Term Bond Fund- Regular- Dividend has experienced over the last 5-year window is 3.07% — its NAV fell from a high on 27 May 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, Morgan Stanley Short Term Bond Fund- Regular- Dividend averaged 0.79% (best 0.89%, worst 0.70%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -3.60 — negative risk-adjusted performance.

In calendar year 2013, Morgan Stanley Short Term Bond Fund- Regular- Dividend returned 1.14% — lagging the Income category average of 2.34% by 1.19 pp. It ranked #32 of 76 in its category that year.

Morgan Stanley Short Term Bond Fund- Regular- Dividend 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. Morgan Stanley Short Term Bond Fund- Regular- Dividend 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: 3.1%. 5-year CAGR: 0.70%.

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