Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund(G)-Direct Plan
View the regular plan of this scheme
Rs 12.7508 0.0076(0.06 %) NAV as on 24 Apr 2025
Scheme Objective: The investment objective of the scheme is to track the CRISIL IBX Gilt Index - April 2033, by investing in dated Government Securities (G-Sec), maturing on or before April 29, 2033, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Performance (As on 24 Apr 2025)
1 week returns | 3 month returns | 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
---|---|---|---|---|---|---|---|
Scheme | 0.24 % | 4.40 % | 6.51 % | 12.73 % | N/A | N/A | 10.16 % | >
Portfolio
Gilt debt funds invest in government securities of varying maturities. Returns primarily come from price appreciation on these instruments. Funds change portfolio maturities depending on the stage of the rate cycle and can go from very long term of over 10 years to short term. As gilts tend to be the most traded and reactive, returns may be volatile in the short term. Within gilt funds, some may be constant maturity funds where the portfolio maturity is maintained at 10 years.
These funds suit any investor with investment horizons above 5 years.