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: -1.68%.

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

₹149.2069

As of

17 Jul 2026

4,388 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

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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	+0.02%	+0.02%	-0.01	8 / 8	Q4
1W	-0.10%	-0.07%	-0.03	6 / 8	Q3
2W	-0.20%	-0.16%	-0.05	5 / 8	Q3
1M	+0.68%	+0.46%	+0.23	1 / 8	Q1
3M	+1.65%	+0.90%	+0.76	1 / 8	Q1
6M	-3.26%	+0.75%	-4.01	8 / 8	Q4
YTD	-3.57%	+0.54%	-4.11	8 / 8	Q4
1Y	-1.66%	+0.47%	-2.13	7 / 8	Q4
2Y	+0.37%	+1.90%	-1.52	6 / 8	Q3
3Y	-2.31%	+1.22%	-3.53	8 / 8	Q4
4Y	-1.56%	+1.38%	-2.94	8 / 8	Q4
5Y	-1.68%	+1.32%	-3.00	8 / 8	Q4
7Y	-0.65%	+1.77%	-2.42	8 / 8	Q4
10Y	+1.18%	+2.15%	-0.97	4 / 8	Q2
Inception	+2.22%	+2.48%	-0.25	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	-3.57%	+0.71%	-4.29	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

+2.46%

210 windows

min -12.4% · max 14.1%

75% positive

3-Year rolling

+2.71%

186 windows

min -4.5% · max 11.0%

79% positive

5-Year rolling

+3.25%

161 windows

min -2.4% · max 8.9%

80% positive

7-Year rolling

+3.76%

137 windows

min -0.6% · max 7.2%

88% 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

-1.16

vs risk-free 6.5%

Sortino ratio

-1.22

Downside-only deviation

Max drawdown

-12.39%

Dec 2023 → Dec 2024

% positive months

83.3%

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	₹10.1186	17 Jul 2026
NIPPON INDIA BANKING and PSU FUND - Direct Plan - IDCW Option	Nippon India	₹22.8275	17 Jul 2026
SBI Banking & PSU Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,547.1581	17 Jul 2026
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Quarterly IDCW	ICICI Prudential	₹13.1750	17 Jul 2026
Invesco India Banking and PSU Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,063.0787	17 Jul 2026
Bandhan Banking and PSU Fund - Direct Annual IDCW	Bandhan	₹12.3368	17 Jul 2026
Aditya Birla Sun Life Banking & PSU Debt Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹106.6001	17 Jul 2026
Franklin India Banking and PSU Debt Fund - Direct - IDCW	Franklin India	₹11.5230	17 Jul 2026
Mirae Asset Banking and PSU Fund - Direct Plan - IDCW	Mirae Asset	₹13.9587	17 Jul 2026
Kotak Banking and PSU Debt - Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹13.0325	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹149.2069
16 Jul 2026	₹149.1843
15 Jul 2026	₹149.0859
14 Jul 2026	₹149.0163
13 Jul 2026	₹149.3559
10 Jul 2026	₹149.3489
9 Jul 2026	₹149.1865
8 Jul 2026	₹149.1614
7 Jul 2026	₹149.4973
6 Jul 2026	₹149.5623

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 17 Jul 2026, the NAV of Birla Sun Life Short Term Fund- Institutional Plan (Fortnightly Dividend) is ₹149.2069. 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 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.

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 -1.66% — -2.13 pp behind the Banking & PSU Fund category average of 0.47%. 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 -2.31% — -3.53 pp behind the Banking & PSU Fund category average of 1.22%. 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 -1.68% — -3 pp behind the Banking & PSU Fund category average of 1.32%. 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 ₹112,469 today — a multiplier of 1.12×, based on the 10-year CAGR of 1.18%. The category average over the same window would have grown ₹1 lakh to ₹123,691.

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 ₹575,679 today. That's an XIRR (money-weighted annualised return) of -1.63%.

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 ₹1,163,936 (multiplier 0.97×). XIRR: -0.61%. 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 1.32%; this fund delivered -1.68%.

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 3.25% (best 8.92%, worst -2.43%). 80% of rolling windows ended positive. The 5-year Sharpe ratio is -1.21 — 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: -1.68%.

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