Mirae Asset CRISIL IBX Gilt Index – April 2033 Index Fund

(An open-ended target maturity Index Fund investing in the constituents of CRISIL IBX Gilt Index – April 2033. A scheme with relatively high interest rate risk and relatively low credit risk)

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About the fund

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

Investment Framework:

The scheme would invest in Government Securities (G-Secs) representing CRISIL IBX Gilt Index – April 2033.
Scheme may also invest in money market instruments, in compliance with Regulations. Money Market Instruments will include only treasury bills and government securities having a residual maturity up to one year, Tri-party Repo on government securities or T-bills and any other like instruments as specified by the Reserve Bank of India from time to time.

Why Invest in Target Maturity Funds?

Predictable Returns & No Lock-in *
Relatively low cost
Low fund manager risk
Option to transact anytime or hold till maturity
Transparent portfolio

*Please note the predictability of return doesn’t imply guaranteed return or protection of principal. Investments are still subject to credit and market risk. Further, returns will be potentially predictable only if the investor continues to hold it till the maturity.

Fund facts

Type

An open-ended target maturity Index Fund investing in the constituents of CRISIL IBX Gilt Index – April 2033. A scheme with relatively high interest rate risk and relatively low credit risk

fund manager

Mr. Amit Modani (Since 16th Jan, 2023)

Benchmark index

CRISIL IBX Gilt Index – April 2033

Allotment date

21st October 2022

Minimum Investment

Rs. 5,000/- and in multiples of Re. 1/- thereafter.

Minimum Additional Amount:

Rs. 1,000/- and in multiples of Re. 1/- thereafter.

PLANS & OPTIONS AVAILABLE:

Regular and Direct Plan (1) Growth Option and (2) Income Distribution cum capital withdrawal (IDCW).
The IDCW Option shall have Reinvestment and Payout option

YTM for Debt Index schemes

Note :

* In case of semi annual YTM (Yield to Maturity), it will be annualised .

Ideal Investment Horizon

Investment Horizon

Recommended Investment Horizon
Hold till Maturity

Nature of investment:

Replicate CRISIL IBX Gilt Index – April 2033

Suitable Investment:

Wealth Creation

Net asset value

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For Historic NAV Click here

Fund Managers Fund Manager

Mr. Amit Modani fund manager

Since 16th Jan, 2023

Comparison Note on three target Maturity Fund by Mirae Asset Mutual Fund Click here to view Comparison Note on three target Maturity Fund by Mirae Asset Mutual Fund.

RISKOMETER

Potential Risk Class Matrix (PRC)

Credit Risk → Interest Rate Risk↓	Relatively Low (Class A)	Moderate (Class B)	Relatively High (Class C)
Relatively Low (Class I)
Moderate (Class II)
Relatively High (Class III)	A-III

(A scheme with relatively high interest rate risk and relatively low credit risk)

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Mirae Asset CRISIL IBX Gilt Index – April 2033 Index Fund

(An open-ended target maturity Index Fund investing in the constituents of CRISIL IBX Gilt Index – April 2033. A scheme with relatively high interest rate risk and relatively low credit risk)

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