IDFC CRISIL IBX 90:10 SDL Plus Gilt - September 2027 Index Fund

An open-ended Target Maturity Index Fund investing in constituents of CRISIL IBX 90:10 SDL plus Gilt Index - September 2027 with Relatively High Interest Rate Risk and Relatively Low Credit Risk

30th November 2022

IDFC CRISIL IBX 90:10 SDL Plus Gilt - September 2027 Index Fund

An open-ended Target Maturity Index Fund investing in constituents of CRISIL IBX 90:10 SDL plus Gilt Index - September 2027 with Relatively High Interest Rate Risk and Relatively Low Credit Risk

30th November 2022

About the Fund: This Target Maturity Index Fund aims to provide the investment returns corresponding to the total returns of the securities as represented by the CRISIL IBX 90:10 SDL plus Gilt Index - September 2027 before expenses, subject to tracking errors. The scheme will terminate on 30th September 2027.
Category: Index Fund
Monthly Avg AUM : ₹ 6.63 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Monthly end AUM : ₹ 28.68 Crores

AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Inception Date: 24 November, 2022
Fund Manager :

An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Mr. Gautam Kaul & Mr. Harshal Joshi
Other Parameter:
Modified Duration

Modified duration is the price sensitivity and the percentage change in price for a unit change in yield

3.79 years
Average Maturity 4.62 years
Macaulay Duration 3.93 years
Yield to Maturity

The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond's current market price, par value, coupon interest rate and time to maturity.

7.43%
Expense Ratio
Regular0.40%
Direct0.15%
Benchmark: CRISIL IBX 90:10 SDL plus Gilt Index - September 2027
SIP (Minimum Amount): ₹ 1,000/- and in multiples of Re.1 thereafter
SIP Frequency: Monthly
SIP Dates (Monthly): Investor may choose any day of the month except 29th, 30th and 31st as the date of instalment.
Investment Objective: Click here
Minimum Investment Amount : ₹ 5,000/- and in multiples of ₹ 1/- thereafter
Option Available: Growth & Income Distribution cum capital withdrawal Option (Payout, Reinvestment or Sweep facility).
Exit Load :

Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time of redemption. For instance, if the NAV is ₹ 100 and the exit load is 1%, the redemption price would be ₹ 99 per unit.

Nil
NAV (₹) as on November 30, 2022
Plan Option Freq NAV
Regular Plan Growth - 10.0124
Regular Plan IDCW@ - 10.0123
@Income Distribution and Capital Withdrawal


NameRating% of NAV
State Government Bond 85.38%
7.33% Maharashtra SDL - 2027 SOV 52.15%
6.2% Rajasthan SDL - 2027 SOV 33.23%
Government Bond 10.56%
7.38% - 2027 G-Sec SOV 10.56%
Net Cash and Cash Equivalent 4.06%
Grand Total 100.00%





Scheme risk-o-meter

Investors understand that their principal will be at Moderate risk

This product is suitable for investors who are seeking*

  • Income over the target maturity period.
  • Investment in constituents of CRISIL IBX 90:10 SDL plus Gilt Index - September 2027.

* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Benchmark risk-o-meter

CRISIL IBX 90:10 SDL plus Gilt Index - September 2027



Performance, SIP & other parameters are not disclosed as fund has not completed 6 months. Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.