HDFC CRISIL-IBX AAA Bond Financial Services Index Fund

HDFC Mutual Fund has launched the HDFC CRISIL-IBX AAA Bond Financial Services Index Sep 2027 Fund, a target maturity fund offering investors exposure to AAA-rated bonds. This scheme tracks the CRISIL-IBX AAA Financial Services Index, ensuring moderate interest rate risk and low credit risk while providing growth-oriented investment options.

Key Features of the Fund

Index-Based Investment Strategy:

The scheme is categorised as an index fund, aimed at replicating the CRISIL-IBX AAA Financial Services Index – Sep 2027. It generates returns based on the performance of this benchmark index while maintaining a relatively moderate risk profile. Liquidity is ensured with units redeemable at NAV-based prices on any business day.

Plans and Options:

The fund provides Regular and Direct Plans, both with growth options. Investors’ earnings are reinvested, reflected in the NAV, with no exit load applicable. The minimum application amount during the NFO and subsequently is ₹100, with additional investments accepted in multiples of ₹1.

Operational Details

The scheme has a target maturity date of September 30, 2027. Upon maturity, units are automatically redeemed at the NAV on the specified date, with redemption proceeds transferred within three working days. The underlying index ensures a seamless transition to maturity.

Conclusion

The HDFC CRISIL-IBX AAA Bond Financial Services Index – Sep 2027 Fund offers a reliable and structured investment option for those seeking predictable returns through exposure to high-quality AAA-rated bonds.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.