PGIM India CRISIL IBX Gilt Index Apr 2028 Fund
(An open-ended Target Maturity Index Fund investing in constituents of the CRISIL-IBX Gilt Index - April 2028. A relatively high interest rate risk and relatively low credit risk scheme. )

NAV as on 23 Apr 2024

14.0000

Regular Plan - Growth Option

0.1400 (1.0000%)

NAV of Other Plans

Direct Plan - Dividend: 13.8300

Nature of Scheme :

An open-ended Target Maturity Index Fund investing in constituents of the CRISIL-IBX Gilt Index - April 2028. A relatively high interest rate risk and relatively low credit risk scheme.

Key Features

Benchmark Index

CRISIL-IBX Gilt Index - April 2028

Minimum Application Amount

Minimum of Rs 5,000 and in multiples of Rs 1 thereafter

Minimum Additional Amount

Minimum of Rs 1,000 and in multiples of Rs 1 thereafter

Exit Load

Nil More

Scheme Overview

Investment Objective

The scheme seeks to generate returns that corresponds to the total returns of the securities as represented by the CRISIL-IBX Gilt Index - April 2028 (before fees and expenses), subject to tracking error. However, there can be no assurance that the investment objective of the scheme will be achieved. The scheme does not guarantee/indicate any returns.

However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

Investment Strategy

The scheme will invest in the constituents of the underlying index viz. CRISIL-IBX Gilt Index - April 2028, and will use a passive investment approach to manage the portfolio, subject to tracking error. The fund manager’s endeavor would be to rebalance the portfolio in order to replicate the underlying index. However, there may be a short period where the constituents of the portfolio may differ from that of the underlying index. In case of any deviation from the asset allocation pattern, the portfolio to be rebalanced by AMC within 7 days from the date of said deviation.

Scheme Performance

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Scheme Portfolio

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riskometer

This product is suitable for investors who are seeking*:

Income over the target maturity period.
Investment in constituents of the CRISIL-IBX Gilt Index - April 2028
Degree of risk – Moderate

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

A relatively high interest rate risk and relatively low credit risk

download documents

Scheme Information Document

Application Form

Product Brochure

Product Presentation

Fund Dashboard

Product Literature

Monthly Portfolio Disclosure

Why you should consider Target Maturity Index Fund now

Index Methodology and Constituent details

5 Reasons to Consider Target Maturity Funds now

Why Target Maturity Funds are ideal for mutual fund investors at this juncture

fund managers

Mr. Puneet Pal

Over 22 years of experience in Debt Market

Mr. Bhupesh Kalyani

Over 18 years of experience in fund management of fixed income securities Read More...

Tracking Error :
As on March 29, 2024

Period	Direct Plan	Regular Plan
1 Year
3 Year
5 Year
10 Year
Since Inception

Daily Rolling Tracking Error :
As on April 23, 2024

Regular Plan : 0.15%

Direct Plan : 0.15%

MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.

Each CRISIL Index (including, for the avoidance of doubt, its values and constituents) is the sole property of CRISIL Limited (CRISIL). No CRISIL Index may be copied, retransmitted or redistributed in any manner. While CRISIL uses reasonable care in computing the CRISIL Indices and bases its calculation on data that it considers reliable, CRISIL does not warrant that any CRISIL Index is error-free, complete, adequate or without faults. Anyone accessing and/or using any part of the CRISIL Indices does so subject to the condition that: (a) CRISIL is not responsible for any errors, omissions or faults with respect to any CRISIL Index or for the results obtained from the use of any CRISIL Index; (b) CRISIL does not accept any liability (and expressly excludes all liability) arising from or relating to their use of any part of CRISIL Indices.