Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 Index Fund - Direct Plan - Bandhan Mutual 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
What is a CRISIL IBX SDL Index Fund?
Looking to add relative stability and safety to your portfolio? The Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 Index Fund primarily invests in government securities and State Development Loans (SDLs). If you want a fund that targets low credit risk with a fixed maturity, this may be a viable option. Let’s see how this index fund can support your investment strategy.
The Credit Rating Information Services of India Limited (CRISIL) is a leading provider of debt and hybrid indices in India. CRISIL indices serve as benchmarks for mutual funds, guiding their investment strategies. State Development Loans (SDLs) are government-issued bonds used to finance fiscal deficits, offering a low credit risk profile for investors.
The Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 Index Fund is a target maturity index fund that tracks the CRISIL IBX 90:10 SDL Index while also investing in gilt securities. It is mandated to allocate at least 95% of its corpus to securities in the index, which carry low credit risk but high interest rate risk. The fund’s target maturity date is September 2027, and it may invest up to 5% in cash and money market instruments.
The Bandhan CRISIL IBX SDL Plus Gilt Fund has a low-to-moderate risk level due to its focus on government securities. However, it is not a diversified investment, which may increase risk. The fund may also be susceptible to high interest rate risk, tracking errors, and other market fluctuations.
- Min Investment 1,000
- Min SIP Amount 100
- Exit Load
Nil
Scheme is suitable for a minimum investment horizon of 2 years
Tier 1 Benchmark : CRISIL IBX 90:10 SDL plus Gilt Index – September 2027Alternate Benchmark : Crisil 10 Year GOI
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Performance as on 31st October 2024
| Scheme Names | CAGR Returns (%) | Current value of Investment of 10,000 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1 year | 3 year | 5 year | 10 year | 24/11/2022 Since inception | 1 year | 3 year | 5 year | 10 year | 24/11/2022 Since inception | |
| Bandhan Crisil IBX 90:10 SDL Plus Gilt - September 2027 Index Fund - Regular Plan - Growth | 9.01 | N.A. | N.A. | N.A. | 7.65 | 10,903 | N.A. | N.A. | N.A. | 11,534 |
| 9.61 | N.A. | N.A. | N.A. | 8.18 | 10,963 | N.A. | N.A. | N.A. | 11,645 | |
| 10.67 | N.A. | N.A. | N.A. | 8.38 | 11,070 | N.A. | N.A. | N.A. | 11,687 | |
| ^ Tier 1 Benchmark | ^^ Alternate Benchmark | ^^^ Tier 2 Benchmark | ||||||||||
This fund is managed by Mr. Gautam Kaul (w.e.f 17/11/2022) & Mr. Harshal Joshi (w.e.f 17/11/2022)
View fund performance of other funds managed by Mr. Gautam Kaul, Mr. Harshal Joshi
Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.
Taxation:
For taxation, please refer the link : https://bit.ly/46xQzi1
Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 Index Fund
(Scheme Risk-o-meter)
CRISIL IBX 90:10 SDL plus Gilt Index – September 2027
(Tier 1 Benchmark Risk-o-meter)
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
Who Should Invest in a CRISIL IBX SDL Index Fund?
CRISIL IBX SDL Index funds are moderately risky, as they invest in State Development Loan bonds, treasury bills, and other government securities. This index fund may be suitable for investors with a moderate risk appetite.
The Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 Index Fund is ideal for investors with a fixed investment horizon, aiming to generate income until its maturity in September 2027.
This fund is mandated to invest at least 95% of its corpus in SDLs that form part of the CRISIL IBX 90:10 SDL plus Gilt Index. It may suit investors seeking exposure to government securities and money market instruments with a defined maturity date of September 2027.
The Bandhan CRISIL IBX 90:10 SDL Plus Gilt Index Fund may not suit investors looking for diversification, as it primarily invests in G-secs.
This scheme may be ideal for investors looking to track the CRISIL IBX 90:10 SDL Plus Gilt Index and potentially benefit from its performance.
FAQs on CRISIL IBX SDL Plus Gilt Index Fund
How do CRISIL IBX 90:10 SDL Plus Gilt Index funds work?
CRISIL Gilt index funds invest in constituents of the CRISIL IBX 90:10 SDL Plus Gilt index. They aim to potentially generate income for the investor over the target maturity period.
Is Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 index fund risky?
Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 index fund is moderately risky. It invests predominantly in Gsecs and SDL bonds present in the CRISIL IBX 90:10 SDL index.
Can you withdraw money from Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 Index fund before the maturity date?
Yes, you can withdraw your investment before the maturity date. Bandhan CRISIL IBX 90:10 SDL Plus Gilt index fund is an open-ended scheme. However, investors must note that early withdrawal may increase the possibility of interest rate risk.
Does Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 index fund have a lock-in period?
No, Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 Index Fund does not have a lock-in period. Although its maturity date is 30th September 2027, investors can withdraw from the fund at any time.
Is Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 Index fund suitable for wealth creation?
Bandhan CRISIL IBX 90:10 SDL Plus Gilt September 2027 Index Fund aims to potentially generate income over the target maturity period. It does not aim to create wealth for the investor in the long run.