| Investment Objective The investment objective of the scheme is to track the Index by investing in securities as represented by CRISIL IBX SDL Index – June 2027, subject to tracking errors. However, there is no guarantee or assurance that the investment objective of the scheme will be achieved. |
|
Inception Date |
11th January, 2023 |
Fund Manager |
Mr. Sunil Patil, M.Com, MFM, CALLB-I |
Fund AUM |
Fund size monthly average : 80.57 Crore Closing AUM : 80.64 Crore |
High/Low NAV in the month |
High Growth Option : 10.7179 Low Growth Option : 10.6410 |
Total expense ratio (%) |
Regular : 0.42 Direct : 0.16 |
Minimum Investment Amount |
Minimum amount of investment during NFO and on an ongoing basis under all Plans and Options is Rs5,000/- 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 : 3.16 yrs Yield to Maturity* : 7.55% Modified Duration : 2.71 yrs Macaulay Duration : 2.81 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: 10.7179 Direct Growth Option: 10.7474 |
Benchmark Index |
CRISIL IBX SDL Index – June 2027 |
| SIP/SWP/STRIP |  |
| Fund Size | 80.57 Cr (Monthly Average as on 31/1/2024) |
Portfolio |
% of Nav |
Rating |
| Govt Securities | ||
| 07.75 KA SDL MAT 01/03/2027 | 12.51 |
SOV |
| 7.64% UTTARPRADESH SDL 29/03/2027 | 12.47 |
SOV |
| 7.52% GJ SDL 2027- 24/05/2027 | 12.44 |
SOV |
| 7.51 % MH SDL MAT - 24/05/2027 | 11.81 |
SOV |
| 7.85% TN SDL MAT - 15/03/2027 | 6.27 |
SOV |
| 7.78% WB SDL MAT - 01/03/2027 | 6.25 |
SOV |
| 7.76% MP SDL MAT - 01/03/2027 | 6.25 |
SOV |
| 7.53% HARYANA SDL-24/05/2027 | 6.22 |
SOV |
| 6.90% AP SDL MAT - 22/04/27 | 6.11 |
SOV |
| 6.35% AP SDL MAT - 06/05/2027 | 6.01 |
SOV |
| 7.59% KA SDL 29/03/2027 | 3.74 |
SOV |
| 7.59% RJ SDL 15/02/2027 | 3.73 |
SOV |
| 7.59% GJ SDL 15/02/2027 | 3.11 |
SOV |
| Net Current assets | 3.06 |
|
Total |
100.00 |
| Fund Performance Vs Benchmark (CAGR) as on 31st January, 2024 Growth of 10000
|
||||||
| Period | NAV Growth (%) |
CRISIL IBX SDL June 2027
Index (%) |
CRISIL 10 Year Gilt Index (%) |
NAV Growth () |
CRISIL IBX SDL June 2027
Index () |
CRISIL 10 Year Gilt Index () |
| 6 Months | 6.97 |
7.32 |
8.25 |
10,697 |
10,732 |
10,825 |
| SI* | 6.79 |
7.20 |
7.75 |
10,718 |
10,761 |
10,819 |
Different plans have a different expense structure. The performance details provided herein are of regular plan. 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 97 in ‘Fund Manager Summary’. Schemes Managed by Mr. Sunil Patil. Load is not taken into consideration for computation of performance
| Period | |||||||
|
Investment Amount ()
|
Fund
Value
() |
CRISIL
IBX SDL Index () |
CRISIL 10
Year Gilt Index () |
Yield (%)
Fund |
Yield (%)
CRISIL IBX SDL Index |
Yield (%)
CRISIL 10 Year Gilt Index |
|
1 Y |
1,20,000 |
1,24,482 |
1,24,671 |
1,24,901 |
6.97 |
7.27 |
7.63 |
SI |
1,20,000 |
1,24,482 |
1,24,671 |
1,24,901 |
6.97 |
7.27 |
7.63 |
Note: Systematic Investment Plan (SIP) returns are worked out assuming investment of 10,000/- every month at NAV per unit of the scheme as on the first working day for the respective time periods. The loads have not been taken into account. Past performance may or may not be sustained in future.
^ 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 June 2027, subject to tracking error
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
