Aditya Birla Sun Life Crisil IBX Gilt June 2027 Index Fund - NFO

Introduction 

Are you looking to invest in a mutual fund but prefer to avoid high risk? If so, the Aditya Birla Sun Life CRISIL IBX Gilt June 2027 Index Fund could be a suitable option for you. This fund offers a fixed maturity date and a moderate level of risk. Keep reading to understand the details of this scheme before deciding to invest your money in it.

Aditya Birla Sun Life Crisil IBX Gilt June 2027 Index Fund - NFO Overview

The Aditya Birla Sun Life CRISIL IBX Gilt June 2027 Index Fund is tailored for individuals seeking moderate risk and predictable returns. With a fixed maturity date, this fund offers a clear investment timeline. 

Starting from May 22, 2024, and concluding on June 4, 2024, the fund will invest in instruments that are part of the CRISIL IBX Gilt Index – June 2027, as well as in debt and money market instruments, cash, and cash equivalents.

Fund Overview

The Aditya Birla Sun Life Crisil IBX Gilt June 2027 Index Fund-NFO holds an AUM totalling Rs. 3,45,543.18 crores. This fund has a stamp duty of 0.005% (From July 1st 2020). The minimum investment required is an SIP of Rs 500.

Start Date	22 May 2024
End Date	4 June 2024
VRO rating	-
Expense ratio	NA
Exit load	Nil
AUM (Fund size)	Rs. 3,45,543.18Cr.
Stamp Duty	0.005% (From July 1st 2020)
Benchmark Index	CRISIL IBX Gilt Index – June 2027
Min. investment	SIP ₹500
Risk	Moderate

 

The Objective of the fund

The investment objective of the Scheme is to generate returns that match the total returns of the securities represented by the CRISIL IBX Gilt Index – June 2027, before accounting for expenses, subject to tracking error.

Asset allocation (% of Net Assets) of the Scheme's portfolio will be as follows:

Types of Instruments	Minimum Allocation (% of Net Assets)	Maximum Allocation (% of Net Assets)	Risk Profile
Instruments forming part of the CRISIL IBX Gilt Index – June 2027	95	100	Moderate
Debt/Money Market Instruments, cash and cash equivalent	0	5	Low

 

 

Peers of Aditya Birla Sun Life Crisil IBX Gilt June 2027 Index Fund - NFO

Debt Target Maturity Funds	1M Return	1Y Return	AUM (Cr)
Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund	1.03	6.43%	4,70,359.79
BHARAT Bond FOF - April 2031 Direct - Growth	0.74	6.35%	1,29,665.79
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund	0.93	6.52%	1,50,927.57
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	1.08	6.62%	1,50,927.57

 

Risk Factors in Such Funds

• The Fund Manager may not be able to allocate the entire corpus exactly in the same proportion as in the underlying index due to various factors.

• Continuous monitoring of the Tracking Error of the Scheme by the Fund Manager is conducted, with efforts made to minimize the Tracking Error to the maximum extent possible.

• The scheme may encounter difficulties in acquiring or selling the desired number of securities due to prevailing conditions in the securities market, including circuit filters, liquidity, and volatility in security prices.

• The Scheme is passively managed and linked to an index, it may be affected by a general decline in the Indian markets related to its underlying index.

• Fixed income securities such as bonds, debentures, and money market instruments are subject to price-risk or interest-rate risk.

 

Past Performance of Debt Target Maturity Funds

Debt Target Maturity Funds	NAV (Rs)	Returns since inception	Expense Ratio
Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund	11.07	7.08%	0.20%
BHARAT Bond FOF - April 2031 Direct - Growth	12.17	5.25%	0.06%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund	11.02	7.09%	0.15%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	11.36	5.92%	0.16%

 

 

Aditya Birla Sun Life Crisil IBX Gilt June 2027 Index Fund NFO - Who can invest 

This fund is ideal for individuals seeking low-risk investments and stable returns. It invests in instruments that are part of the CRISIL IBX Gilt Index – June 2027, as well as in debt and money market instruments, cash, and cash equivalents. This strategy mitigates interest rate risk and offers stable returns even during periods of market volatility.

Aditya Birla Sun Life Crisil IBX Gilt June 2027 Index Fund NFO - Growth Fund Managers

• Mr. Bhupesh Bameta

• Mr. Sanjay Godambe
  
  

 

 

Conclusion

The Aditya Birla Sun Life CRISIL IBX Gilt June 2027 Index Fund aims to generate stable returns by investing in securities with minimal credit risk. It has a defined maturity date, offering investors a clear investment horizon. However, potential investors should consider the current interest rate, possible tracking errors, and liquidity conditions before investing.

Disclaimer: This Stock Analysis is only for informational purposes and should not be considered as investment advice. Always do your research and consult with a financial advisor.

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