3 Year return

0
Launched on September 2022 (2 years)

Investment Details

₹500

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Based on past performance of this fund

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Your Investment ₹3,00,000
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  • Total Value

Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹2144.48 Cr.

Expense Ratio

0.21% (inclusive of GST)

Exit Load

0.15% - if redeemed on or before 30 days from the date of allotment. Nil - after 30 days from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Tax on gains as per your income tax bracket

Fund Holdings

Holdings

SBI Mutual Fund Managers

DA

Dinesh Ahuja

Fund Manager since Apr 2022

View Details

Fund House Details

SBI Mutual Fund

SBI Mutual Fund Asset management company

AUM ₹990,090.20 Cr.
No. of Schemes 213
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by SBI Mutual Fund

List of mutual fund schemes by AMC

About SBI Crisil IBX Gilt Index April 2029 Fund Direct Plan Growth

SBI Crisil IBX Gilt Index April 2029 Fund Direct Plan Growth is an index fund managed by SBI Mutual Fund. It tracks the SBI CRISIL IBX Gilt Index April 2029, which is a benchmark index of the Indian government securities (G-secs) maturing in April 2029. The fund aims to replicate the performance of the index by investing in a basket of securities that make up the index.

Investment Objectives of the Scheme

The key investment objectives of the SBI Crisil IBX Gilt Index April 2029 Fund Direct Plan Growth are to: Track the performance of the SBI CRISIL IBX Gilt Index April 2029. Provide investors with a low-cost investment option to participate in the growth of the G-secs market.

Key Features of The Fund

5-year return NA
Expense Ratio 0.21%
Fund Manager Dinesh Ahuja
Fund Size ₹2144.48 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

The SBI Crisil IBX Gilt Index April 2029 Fund Direct Plan Growth is a good option for investors who are looking for a low-risk investment option. However, it is important to note that this is a gilt fund and hence, it is exposed to interest rate risk. Investors should carefully consider their investment goals, risk tolerance, and investment horizon before investing in this fund. It is always advisable to consult with a financial advisor before investing in any mutual fund.

AMC Contact Details

Name SBI Mutual Fund
Launch Date June 1987
Addresss 9th Floor, Crescenzo, C-38 & 39, G Block, Bandra-Kurla Complex, Mumbai, Maharashtra, India - 400 051
Contact 1800 209 3333 1800 425 5425
Email customer.delight@sbimf.com
Website https://www.sbimf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of SBI Crisil IBX Gilt Index April 2029 Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of SBI Crisil IBX Gilt Index April 2029 Fund Jul 12 2024 is 11.4947

What is the AUM of SBI Crisil IBX Gilt Index April 2029 Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of SBI Crisil IBX Gilt Index April 2029 Fund is 2144.48 crore.

What is the expense ratio of SBI Crisil IBX Gilt Index April 2029 Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of SBI Crisil IBX Gilt Index April 2029 Fund is 0.21%

What are the returns of SBI Crisil IBX Gilt Index April 2029 Fund since inception?

The SBI Crisil IBX Gilt Index April 2029 Fund was launched on Sep 26 2022. The fund has delivered a CAGR of 8.17 since inception.

What is the minimum SIP amount to invest in SBI Crisil IBX Gilt Index April 2029 Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for SBI Crisil IBX Gilt Index April 2029 Fund is 500.

How do I invest in SBI Crisil IBX Gilt Index April 2029 Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in SBI Crisil IBX Gilt Index April 2029 Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in SBI Crisil IBX Gilt Index April 2029 Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in SBI Crisil IBX Gilt Index April 2029 Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.