Fund Category Index Funds (Debt)
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 50:50 Gilt Plus SDL Index – April 2028 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.
Fund Details | |
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Fund Manager: | Mr. Mohit Sharma & Mr. Sanjay Godambe |
Managing Fund Since: | October 13, 2022 |
Experience in Managing the Fund: | 0.6 Years |
Date of Allotment: | October 13, 2022 |
Type of Scheme: | An open ended Target Maturity Index Fund tracking the CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028. A relatively high interest rate risk and relatively low credit risk. |
Application Amount for fresh subscription: | 500 (plus in multiplies of 1) |
Min. Addl. Investment: | 500 (plus in multiplies of 1) |
SIP: | Monthly: Minimum 500/- |
NAV of Plans / Options () | $Income Distribution cum capital withdrawal | Regular Plan |
Growth: | 10.6474 |
IDCW$: | 10.6484 |
Direct Plan | |
Growth: | 10.6597 |
IDCW$: | 10.6596 |
Benchmark: | CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028 |
Monthly Average AUM: | 405.02 Crores |
AUM as on last day: | 404.13 Crores |
Load Structure (as % of NAV) (Incl. for SIP) | |
Entry Load: | NiL |
Exit Load: | NIL |
Other Parameters | |
Modified Duration: | 3.60 years |
Average Maturity: | 4.36 years |
Yield to Maturity: | 7.31% |
Macaulay Duration: | 3.73 years |
Total Expense Ratio (TER) | |
Including additional expenses and goods and service tax on management fees. | |
Regular | 0.35% |
Direct | 0.20% |
Tracking Error | |
Regular | 1.01% |
Direct | 1.01% |
Data as on 30th June 2023 unless otherwise specified
*Standard deviation of daily tracking difference computed for a 1 year horizon. If the fund is non-existent for 1 year then since inception returns are considered.
Note: The exit load (if any) rate levied at the time of redemption/switch-out of units will be the rate prevailing at the time of allotment of the corresponding units. Customers may request for a separate Exit Load Applicability Report by calling our toll free numbers 1800-270-7000 or from any of our Investor Service Centers.
Portfolio Holdings | ||
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Issuer | % to net Assets |
Rating |
Government Bond | 58.83% | |
7.17% GOI (MD 08/01/2028) | 20.94% | SOV |
7.38% GOI 20JUN2027 | 19.00% | SOV |
GOI 08.28% 21SEP27 | 10.32% | SOV |
6.79% GOI (MD 15/05/2027) | 8.57% | SOV |
State Government bond | 34.61% | |
8.28% Tamilnadu SDL (MD 14/03/2028) | 23.08% | SOV |
8.34% TAMIL NADU 28FEB28 SDL | 7.71% | SOV |
8.05% Tamilnadu SDL (MD 18/04/2028) | 2.54% | SOV |
8.34% UTTAR PRADESH 28FEB28 SDL | 1.28% | SOV |
Cash Management Bills | 3.69% | |
Government of India | 2.78% | SOV |
Government of India | 0.92% | SOV |
Cash & Current Assets | 2.87% |
Rating Profile of Portfolio |
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This page is a part of the July 2023 Factsheet of Aditya Birla Sun Life Mutual Fund. Click on http://empower.abslmf.com/ for the digital factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.