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

We don't give personal investment advice. Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly 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: 2.6%. 5-year CAGR: 1.05%.

Morgan Stanley

Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly

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	+0.10%	+6.99%	-6.90	37 / 763	Q1
1W	-0.02%	+6.38%	-6.39	291 / 722	Q2
2W	-0.08%	+6.63%	-6.71	311 / 725	Q2
1M	+0.06%	+6.29%	-6.23	290 / 752	Q2
3M	+0.36%	+7.87%	-7.51	353 / 728	Q2
6M	+1.35%	+9.67%	-8.32	370 / 642	Q3
YTD	+1.22%	+8.47%	-7.26	312 / 666	Q2
1Y	+2.18%	+13.70%	-11.52	347 / 591	Q3
2Y	+1.97%	-5.03%	+7.00	75 / 197	Q2
3Y	+1.49%	-3.09%	+4.57	48 / 140	Q2
4Y	+1.24%	+1.62%	-0.38	45 / 119	Q2
5Y	+1.05%	-0.16%	+1.21	36 / 102	Q2
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+1.07%	-3.28%	+4.35	363 / 797	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	+1.22%	+2.77%	-1.55	38 / 82
2013	+2.27%	+1.77%	+0.50	36 / 101
2012	+0.90%	-0.30%	+1.21	42 / 113
2011	+0.29%	+1.75%	-1.46	54 / 109
2010	+0.11%	-0.95%	+1.06	99 / 165
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

+0.88%

50 windows

min -0.2% · max 3.1%

90% positive

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

3-Year rolling

+0.83%

26 windows

min 0.4% · max 1.5%

100% positive

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

5-Year rolling

+1.06%

2 windows

min 1.1% · max 1.1%

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

1.65%

3-year · annualised

Sharpe ratio

-3.03

vs risk-free 6.5%

Sortino ratio

-5.16

Downside-only deviation

Max drawdown

-2.58%

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	₹10.5575
25 Jun 2014	₹10.5474
24 Jun 2014	₹10.5463
23 Jun 2014	₹10.5451
20 Jun 2014	₹10.5601
19 Jun 2014	₹10.5593
18 Jun 2014	₹10.5607
17 Jun 2014	₹10.5564
16 Jun 2014	₹10.5560
13 Jun 2014	₹10.5717

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- Institutional Plus- Dividend- Weekly is a Income from Morgan Stanley (Institutional 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- Institutional Plus- Dividend- Weekly 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- Institutional Plus- Dividend- Weekly 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- Institutional Plus- Dividend- Weekly has delivered a absolute return of 2.18% — -11.52 pp behind the Income category average of 13.70%. The fund ranks #347 of 591 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly has delivered a CAGR of 1.49% — +4.57 pp ahead of the Income category average of -3.09%. The fund ranks #48 of 140 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly has delivered a CAGR of 1.05% — +1.21 pp ahead of the Income category average of -0.16%. The fund ranks #36 of 102 in its category — the second (Q2) quartile.

₹1 lakh invested in Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly exactly 5 years ago would be worth approximately ₹105,365 today — a multiplier of 1.05×, based on the 5-year CAGR of 1.05%. The category average over the same window would have grown ₹1 lakh to ₹99,222.

A ₹10,000 monthly SIP in Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly over the last 5 years — total invested ₹600,000 — would be worth ₹623,406 today. That's an XIRR (money-weighted annualised return) of 1.51%.

Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly doesn't yet have 10 years of NAVs. Over the longest available window (5-year SIP), ₹10,000/month would have grown to ₹623,406 — XIRR 1.51%.

On a 5-year basis, Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly ranks #36 out of 102 funds in the Income category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -0.16%; this fund delivered 1.05%.

The worst peak-to-trough decline Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly has experienced over the last 5-year window is 2.58% — its NAV fell from a high on 17 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- Institutional Plus- Dividend- Weekly averaged 1.06% (best 1.08%, worst 1.05%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -4.15 — negative risk-adjusted performance.

In calendar year 2013, Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly returned 2.27% — beating the Income category average of 1.77% by 0.50 pp. It ranked #36 of 101 in its category that year.

Morgan Stanley Short Term Bond Fund- Institutional Plus- Dividend- Weekly 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- Institutional Plus- Dividend- Weekly 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: 2.6%. 5-year CAGR: 1.05%.

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