Axis CRISIL IBX SDL June 2034 Debt Index Fund (NFO) is an open-ended index fund launched by Axis Mutual Fund on March 4, 2024. Its objective is to track the CRISIL IBX SDL Index – June 2034, which means it aims to deliver returns similar to the index, before accounting for fund expenses. There is no assurance that the fund will achieve its objective. The minimum investment amount is Rs 5,000 and there is no entry or exit load.
The investment objective of the Axis CRISIL IBX SDL June 2034 Debt Index Fund is to provide investment returns corresponding to the total returns of the securities as represented by the CRISIL IBX SDL Index – June 2034 before expenses, subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved.
Axis CRISIL IBX SDL June 2034 Debt Index Fund (NFO) is suitable for investors who are seeking income over the long term and investments in state government securities (SDLs) similar to the composition of CRISIL IBX SDL Index – June 2034, subject to tracking errors
Risk-o-meter: Axis CRISIL IBX SDL June 2034 Debt Index Fund – Moderate, Benchmark – Moderate.
Potential Risk Class: It’s a relatively high-interest rate risk and relatively low credit riskscheme(A – III).
| Instruments | Indicative Allocation (%) | Risk Profile |
| Fixed Income Instruments comprising CRISIL IBX SDL Index – June 2034 | 95 – 100 | Low to Moderate |
| Debt and Money Market Instruments* | 0 – 5 | Low to Moderate |
Axis CRISIL IBX SDL June 2034 Debt Index Fund will benchmark against CRISIL IBX SDL Index – June 2034.
About the Index
CRISIL IBX SDL Index – June 2034 seeks to track the performance of SDL securities maturing between 01 July 2033 to 30 June 2034. The index shall mature on 30 June 2034.
Hardik Shah, Age: 36 Years, Educational Qualification: MBA (Finance), B.E (IT), Total number of years of experience: 14 years
| Scheme Name | Nav (Rs. /Unit) | Aum (Rs. Cr) | 1 Month Returns (%) | 1 Year Returns (%) |
| SBI CRISIL IBX Gilt Index – June 2036 Fund Regular – IDCW | 11.34 | 2222.91 | 0.75 | 9.94 |
| Bandhan CRISIL IBX 90:10 SDL Plus Gilt- November 2026 Index Fund Regular – IDCW | 10.33 | 109.35 | 0.56 | 7.9 |
| Axis CRISIL IBX 50:50 Gilt Plus SDL September 2027 Index Fund Regular – IDCW | 10.8 | 33.53 | 0.46 | 7.93 |
| SBI CPSE Bond Plus SDL Sep 2026 50:50 Index Fund Regular – IDCW | 11.05 | 10182.22 | 0.6 | 7.71 |
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.
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