Mirae Asset CRISIL IBX Gilt Index –
April 2033 Index Fund

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

Ms. Pranavi Kulkarni

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

TER ( Total Expense Ratio)

Click here to view the latest TER.

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

Ms. Pranavi Kulkarni

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

Investment Objective of Mirae Asset CRISIL IBX Gilt Index - April 2033 Index 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. The Scheme Riskometer shows that the risk of the scheme is Moderate. The riskometer is a semicircular gauge divided into six color-coded zones: Low Risk (dark green), Low to Moderate Risk (light green), Moderate Risk (yellow), Moderately High Risk (brown), High Risk (orange) and Very High Risk (red). The needle of the scheme riskometer points to the Moderate Risk zone. The Scheme Benchmark is the CRISIL IBX Gilt Index - April 2033. The Benchmark Riskometer also has its needle pointing to the Moderate Risk zone. Note that the caption under the benchmark riskometer in the image reads "The risk of the scheme is Moderate", so the benchmark's risk level is also Moderate.

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)

Disclaimers & Footer

CRISIL Research, a division of CRISIL Limited (“CRISIL”) has taken due care and caution in preparing this report (“Report”) based on the information obtained by CRISIL from sources which it considers reliable (“Data”). However, CRISIL does not guarantee the accuracy, adequacy or completeness of the Data or Report and is not responsible for any errors or omissions or for the results obtained from the use of Data or Report. The Report is not a recommendation to invest or disinvest in any company whether covered or not in the Report and no part of the Report should be construed as an investment advice or any form of investment banking. CRISIL especially states that it has no liability whatsoever, financial or otherwise, to the subscribers/ users/ transmitters/ distributors of this Report. CRISIL Research operates independently of, and does not have access to information obtained by CRISIL’s Ratings Division / CRISIL Risk and Infrastructure Solutions Limited (“CRIS”), which may, in their regular operations, obtain information of a confidential nature. The views expressed in the Report are that of CRISIL Research and not of CRISIL’s Ratings Division / CRIS. The Report is confidential to the client. No part of this Report may be distributed, copied, reproduced or published (together, “Redistribute”) without CRISIL’s prior written consent, other than as permitted under a formal Agreement (if any) in place between the client and CRISIL. Where CRISIL gives such consent, the Client shall ensure that the recipient so permitted is responsible to ensure compliance with all applicable laws and regulations with respect to any such Redistribution. Without limiting the generality of the foregoing, nothing in the Report is to be construed as CRISIL providing or intending to provide any services in jurisdictions where CRISIL does not have the necessary permission and/or registration to carry out its business activities in this regard. The Client will be responsible for ensuring compliances and any consequences of non-compliances for use and access of the Report or part thereof outside India.

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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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