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PlaystoreAditya Birla Sun Life AMC Limited
Aditya Birla Sun Life AMC Limited
Debt
Index Fund
An open ended Target Maturity Index Fund tracking the CRISIL IBX Gilt Apr 2028 Index. A relatively high interest rate risk and relatively low credit risk
Annualized Returns %
Annualized
Returns %
Aditya Birla Sun Life
CRISIL IBX Gilt Apr 2028
Index Fund
SIP Amount
Min . ₹ 500
Lumpsum Amount
Min. ₹ 500
Fund Overview
Aditya Birla Sun Life CRISIL IBX Gilt Apr 2028 Index Fund is an open ended Target Maturity Index Fund tracking the CRISIL IBX Gilt Apr 2028 Index. A relatively high interest rate risk and relatively low credit risk.
Also Read: What is Target Maturity Fund?
Investment Objective
The investment objective of the Scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX Gilt Apr 2028 Index before expenses, subject to tracking errors.
The Scheme does not guarantee/indicate any returns. There can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Why one can invest:
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If you seek predictable and transparent returns from your debt investment.
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If you're seeking dependable and straightforward returns from your debt investments.
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If you prefer reduced credit risk by investing in Government Securities (G-secs).
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If you have a specific financial goal and a predetermined time horizon in mind for your investments.
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If you require access to your funds throughout the investment period.
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If you want to benefit from passive investing, which offers low costs and allows for lower minimum investments (starting as low as Rs. 500).
Fund Details
CAGR
Latest NAV
AUM
Inception Date
Risk
Investment Horizon
Short to medium term, till maturity date of the Scheme i.e.: April 05, 2028
Annualized Benchmark Returns
Min Investment
Entry load
NIL
Exit load
NIL
Total Expense Ratio (TER)
Sharpe Ratio
Beta Ratio
Other Parameters
Standard Deviation
Modified Duration
-
Yield to Maturity
-
Portfolio Turnover:
-
Average Maturity
-
Macaulay Duration
-
Net Equity Exposure
-
Fund Managers
Mr. Bhupesh Bameta
Mr. Sanjay Godambe
Riskometer
(An open ended debt scheme predominantly investing in AA and below rated corporate bonds)
This product is suitable for investors who are seeking
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Income with capital growth over short to medium term
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Investments in portfolio of corporate debt securities with short to medium term maturities, across the credit spectrum, and within the investment grade
*Investors should consult their financial advisers if in doubt whether the product is suitable for them
Portfolio & Sector Holdings
Retail
% of Net Assets
Sector Holdings
Dividend History
Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.
Investment Performance
IDCW Plan of this scheme has distributed income to its investors out of its earnings, from time to time. The details of the same is tabulated:| Declared on date | IDCW Yield (Regular Plan) | IDCW Per Unit | Cum IDCW NAV |
|---|
Fund Summary
For those seeking safe and stable investment options in the world of debt investments, target maturity funds are worth considering.
These funds follow a carefully planned investment approach with a specific maturity date. This helps you align your investments with your financial goals effectively.
Aditya Birla Sun Life CRISIL IBX Gilt Apr 2028 Index Fund is an open-ended fund that invests in a selection of government securities from the CRISIL IBX Gilt Apr 2028 Index.
This fund provides predictable returns because of its target maturity approach. It also offers low or minimal credit risk by investing in government-backed securities, and it keeps costs down by using a passive investment strategy.
This fund is suitable for medium-term investors, aligning with its maturity date of April 05, 2028.
Fund Discipline
• The Scheme allocates 95% - 100% of its asset in instruments forming part of the CRISIL IBX Gilt Apr 2028 Index.
• The Scheme may also choose to invest up to 5% in Cash and Debt/Money Market Instruments.
• The fund Benchmark is CRISIL IBX Gilt Apr 2028 Index.
Index Methodology: https://www.crisil.com/content/dam/crisil/indices/index-linked-products/index-linked-products-methodology.pdf
• The Scheme may also choose to invest up to 5% in Cash and Debt/Money Market Instruments.
• The fund Benchmark is CRISIL IBX Gilt Apr 2028 Index.
Index Methodology: https://www.crisil.com/content/dam/crisil/indices/index-linked-products/index-linked-products-methodology.pdf
Tax Applicability
Pursuant to amendment to the Finance Bill 2023, any capital gains earned on investments made in this scheme on or after 1 April 2023, will be considered as short-term capital gains and added to the investor’s income and taxed at the applicable income tax slab rates (plus any applicable surcharge and cess), regardless of the investment holding period.
Please note that investments made on or before March 31, 2023, and held for more than 36 months will be eligible for indexation benefit in taxation. Gains on such investments will be taxed at a rate of 20% (plus applicable surcharge and cess) after taking into account the indexation benefit.
Any income received under this option would be considered as income for the investors and hence would be taxed at applicable tax slab rates.
Forms & Downloads
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Frequently Asked Questions
There are two ways in which you can invest in this fund.
o Via Direct Plan - involves purchasing units of the fund directly from Aditya Birla Sun Life Mutual Fund
o Via Regular Plan – involves investing through a distributor or broker of your choice
Both these plans have a common portfolio but separate NAVs. This is because they both apply different expense ratios. Your choice of plan thus directly impacts the returns from your investment.
To redeem your investments in the direct plan of this scheme, you can use their mobile app or desktop webpage and select a specified amount or number of units to redeem. For investments made in the regular plan through Registrar and Transfer Agent (RTA) or Mutual Fund Distributor (MFD), you can submit a duly signed redemption form to the respective RTA/MFD or redeem online through their portal, if available.
Investing in Aditya Birla Sun Life CRISIL IBX Gilt Apr 2028 Index Fund is possible through both SIP (Systematic Investment Plan) and lump-sum methods. The decision on which mode to choose depends on factors such as your investment objective, risk tolerance, and investment timeframe.
Also Read: What is SIP?
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