| Investment Objective The investment objective of the scheme is to track the Index by investing in securities as represented by CRISIL IBX SDL Index – April 2033, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. |
|
Inception Date |
21st December, 2022 |
Fund Manager |
Mr. Sunil Patil, M.Com, MFM, CAIIB-I Managing the scheme since Dec-2022 |
Fund AUM |
Fund size monthly average : 281.51 Crore Closing AUM : 283.49 Crore |
High/Low NAV in the month |
High Growth Option : 10.7770 Low Growth Option : 10.6337 |
Total expense ratio (%) |
Regular : 0.42 Direct : 0.15 |
Minimum Investment Amount |
Minimum amount of investment during NFO and on an ongoing basis under all Plans and Options is Rs 5,000/- and in multiples of Re.1/- thereafter. Subsequent minimum investment amount under a folio is Rs 1,000/- and in multiples of Re 1/- thereafter with no upper limit. |
| Portfolio Parameters | Weighted Average Maturity : 8.96 yrs Yield to Maturity* : 7.74% Modified Duration : 6.25 yrs Macaulay Duration : 6.49 yrs The above scheme is in existence for less than 1 years. *Annualized Portfolio YTM – Yields of all securities are annualized |
Plans/Options
(Regular / Direct) |
Growth Option |
Load Structure |
Entry Load : Nil* (Not Applicable as per SEBI guidelines) Exit Load : Nil *In terms of provision no. 10.4.1 a. of para 10.4 under Chapter 10 of SEBI Master Circular for Mutual Funds No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/74 dated May 19, 2023 no entry load will be charged by the Scheme to the investor effective August 1, 2009 |
NAV per unit as on 31st January, 2024 |
Regular Growth Option: 10.7770 Direct Growth Option: 10.8091 |
Benchmark Index |
CRISIL IBX SDL Index – April 2033 |
| SIP/SWP/STRIP |  |
| Fund Size | 281.51 Cr (Monthly Average as on 31/1/2024) |
Portfolio |
% of Nav |
Rating |
| Govt Securities | ||
| 7.70% MAHARASHTRA SDL-08/03/2033 | 14.22 |
SOV |
| 7.79% UTTARPRADESH SDL 29/03/2033 | 8.92 |
SOV |
| 7.77% HARYANA SDL MAT - 29/03/2033 | 8.91 |
SOV |
| 7.67% Madhya Pd SDL 01/02/2033 | 8.86 |
SOV |
| 07.78% RAJASTHAN SDL 29/03/2033 | 7.13 |
SOV |
| 7.64% WESTBENGAL SDL 21/12/2032 | 6.71 |
SOV |
| 07.64% BIHAR SDL 21/12/2032 | 5.29 |
SOV |
| 07.68% GUJRAT SDL 15/03/2033 | 5.14 |
SOV |
| 07.65% GUJRAT SDL 01/02/2033 | 3.54 |
SOV |
| 7.64% MADHYA PRADESH SDL-08/02/2033 | 3.54 |
SOV |
| 7.63% HARYANA SDL MAT - 21/12/2032 | 3.53 |
SOV |
| 07.57% TAMIL NADU SDL - 11/01/2033 | 3.52 |
SOV |
| 7.63% HARYANA SDL MAT - 04/01/2033 | 2.84 |
SOV |
| 7.63% KL SDL MAT - 28/12/2032 | 2.21 |
SOV |
| 07.82% TAMIL NADU SDL - 27/10/2032 | 1.79 |
SOV |
| 07.77% RAJASTHAN SDL 23/03/2033 | 1.78 |
SOV |
| 07.62% TAMIL NADU SDL - 04/01/2033 | 1.77 |
SOV |
| 7.60% KARNATAKA SDL 28/12/2032 | 1.76 |
SOV |
| 7.62% ASSAM SDL -30/11/2032 | 1.76 |
SOV |
| 7.46% MADHYA PRADESH SDL-14/09/2032 | 1.75 |
SOV |
| 07.58% ASSAM SDL 12/04/2033 | 0.98 |
SOV |
| 7.64% MAHARASHTRA SDL-25/01/2033 | 0.62 |
SOV |
| 7.84% RAJASTHAN SDL MAT- 27/10/2032 | 0.27 |
SOV |
| 07.61% RAJASTHAN SDL MAT- 28/12/2032 | 0.10 |
SOV |
| Net Current assets | 3.05 |
|
Total |
100.00 |
| Fund Performance Vs Benchmark (CAGR) as on 31st January, 2024 Growth of 10000
|
||||||
| Period | NAV Growth (%) |
CRISIL IBX SDL Apr 2033
Index (%) |
CRISIL 10 Year Gilt Index (%) |
NAV Growth () |
CRISIL IBX SDL Apr 2033
Index() |
CRISIL 10 Year Gilt Index () |
| 6 Months | 7.38 |
7.48 |
8.25 |
10,738 |
10,748 |
10,825 |
| SI* | 6.96 |
7.21 |
7.67 |
10,777 |
10,805 |
10,857 |
Different plans have a different expense structure. The performance details provided herein are of regular plan. Returns greater than 6 months but less than one year are Simple Annualized Growth Rate. Period for which scheme's performance has been provided is computed basis last day of the month-end preceding the date of advertisement. In case, the start/end date of the concerned period is a non-business day, the NAV of the previous date is considered for computation of returns. For performance details of other Schemes managed by the Fund Manager, please refer the respective Scheme sheets as listed in page 92 in ‘Fund Manager Summary’. Schemes Managed by Mr. Sunil Patil. Load is not taken into consideration for computation of performance
^ G-sec/SDLs having a residual maturity upto one year.
*Investors should consult their Mutual Fund Distributor if in doubt about whether the product is suitable for them.:
- Income over the target maturity period
- Investments in State Development Loans (SDLs), tracking CRISIL IBX SDL Index April 2033, subject to tracking error.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
