HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund
HSBC Mutual Fund · Debt Index Fund · Direct plan, growth option
NAV (₹), 1 Oct 2026
13.3779
1-day change
-0.01%
1Y return
5.3%
3Y CAGR
7.4%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 4 Apr 2022 to 1 Oct 2026
Returns vs Debt Index Fund median (107 schemes) and “Target maturity 2028” median (18)
| Period | Scheme | Category median | Target maturity 2028 median |
|---|---|---|---|
| 1 month | 0.2% | 0.2% | 0.2% |
| 3 months | 1.0% | 1.1% | 1.0% |
| 6 months | 2.9% | 2.9% | 2.9% |
| Year to date | 3.6% | 3.9% | 3.6% |
| 1 year | 5.3% | 5.5% | 5.2% |
| 3 years (CAGR) | 7.4% | 7.4% | 7.4% |
| 5 years (CAGR) | n/a | 6.0% | 6.1% |
| 7 years (CAGR) | n/a | n/a | n/a |
| 10 years (CAGR) | n/a | n/a | n/a |
| Since first NAV (CAGR) | 6.7% | – | – |
“Target maturity 2028” is MFIC's grouping of Debt Index Fund schemes by the theme or index in their names, not an AMFI category.
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.0% | 7.8% |
| 3Y rolling median | 7.9% | 7.6% |
| 3Y rolling worst | 7.0% | 6.9% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 6.2% |
| 5Y rolling worst | n/a | 6.0% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.4% | 1.3% |
| Sharpe ratio | 0.63 | 0.67 |
| Sortino ratio | 1.02 | 1.07 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −2.4% | −0.8% |
| Maximum drawdown, last 10Y | n/a | n/a |
| Maximum drawdown, last 5Y | n/a | −3.2% |
| Current drawdown | −0.1% | 0.0% |
| Recovery time of worst fall | 84 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 0.39% a year and the Direct plan's 0.19%, a gap of 0.20%; over the last 3 years the Direct plan returned 0.18 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹5,35,226.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Mohd. Asif Rizwi | Primary | 1 Feb 2025 |
| Mahesh Chhabria | Primary | 15 Jul 2023 |
Objective: The investment objective of the Scheme is to provide returns corresponding to the total returns of the securities as represented by the CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028 before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Under normal circumstances, it is anticipated that the asset allocation of the Scheme will be as follows: GSecs securities forming part of the GSec portion of CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028 AND SDLs securities forming part of the SDL portion CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028: 95%-100% Money Market instruments including cash and cash equivalents (Treasury Bills, Government Securities with residual maturity of upto 1 year and Tri-Party Repos): 0%-5%
Benchmark (tier 1): CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028
Exit load: Exit Load: Nil
Minimum application: Rs. 5,000 per application
Allotment date: 31 Mar 2022
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.19% | 0.20% |
| AUM, whole scheme (₹ crore) | 1,748 | 260 |
| Riskometer | Low to Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 5.4% | 5.7% TRI |
| Return, 3 years (AMFI) | 7.4% | 7.7% TRI |
| Month-ends above category median (3Y CAGR) | 83% | 63% median |
| Month-ends in category top quartile (3Y) | 28% | 24% median |
Official benchmark: CRISIL IBX 50:50 Gilt Plus SDL Index - April 2028 (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Debt Index Fund Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.6% | n/a | – |
| 2025 | 8.4% | n/a | – |
| 2024 | 8.2% | n/a | – |
| 2023 | 7.6% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,266 | 5.1% |
| 3 years | ₹3,60,000 | ₹3,98,460 | 6.7% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HSBC Mutual Fund
Category: Debt Index Fund
Plan / option: Direct · Growth
AMFI scheme code: 149966
ISIN: INF336L01QH7
First NAV in MFIC data: 4 Apr 2022
History: 4.5 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund | Debt Index Fund | 1.00 | 7.4% |
| DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund | Debt Index Fund | 1.00 | 7.4% |
| Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund | Debt Index Fund | 0.99 | 7.5% |
| Aditya Birla Sun Life Crisil IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund | Debt Index Fund | 0.99 | 7.4% |
| Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity 70:30 Index Fund | Debt Index Fund | 0.99 | 7.5% |
| UTI NIFTY SDL Plus AAA PSU Bond Apr 2028- 75:25 Index Fund | Debt Index Fund | 0.97 | 7.5% |
Questions about HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund
- What is the latest NAV of HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund?
- The NAV of the Direct plan (growth option) was ₹13.3779 on 1 Oct 2026, as published by AMFI.
- Which category is HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund in?
- It is classified as Debt Index Fund in AMFI's daily NAV file. MFIC compares it with 107 Debt Index Fund schemes (Direct plans).
- What returns has HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund delivered?
- Over one year the NAV changed by 5.3%. The 3-year CAGR is 7.4% (category median 7.4%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 7.9%, the lowest was 7.0%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund's NAV?
- The largest peak-to-trough fall in its available history was 2.4%.
- How volatile is HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.4%, which is above the Debt Index Fund category median of 1.3%.
- What would a monthly SIP in HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,98,460 on 1 Oct 2026, an annualised return (XIRR) of 6.7%. This uses the Direct plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund?
- The total expense ratio of the Direct plan is 0.19% a year, as disclosed to AMFI (median of Debt Index Fund Direct plans: 0.20%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund?
- Assets under management of the whole scheme were ₹1,748 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund?
- AMFI lists the scheme's riskometer as “Low to Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund and how has it compared?
- Its official benchmark is the CRISIL IBX 50:50 Gilt Plus SDL Index - April 2028. Over 3 years AMFI reports a return of 7.4% for this plan against 7.7% for the benchmark total return index. Past performance does not indicate future results.
- How often has HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund beaten its category?
- At 83% of the 18 month-ends compared over the last 10 years, its 3-year return was above the median of Debt Index Fund schemes (Direct plans); it was in the top quarter at 28% of them. A typical scheme would show about 50%.
- Who manages HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund?
- According to its Scheme Summary Document, HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund is managed by Mohd. Asif Rizwi (since 1 Feb 2025), Mahesh Chhabria (since 15 Jul 2023).
- What is the exit load of HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund?
- As stated in its scheme documents: Exit Load: Nil Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund?
- The minimum application amount is Rs. 5,000 per application. SIP details: SIP - Daily / Weekly / Monthly - 500 / 500 / 1000; Quarterly - 1500; Minimum Aggregate Amount: Rs. 6,000/- in multiples of Re.1. STP - Daily/Weekly/Fortnightly/Monthly/Quarterly: Rs. 500; The minimum amount required under the source scheme for registering STP is Rs. 6,000. SWP - Monthly/Quarterly/Half-yearly/Annual: Rs. 500; The minimum amount required under the scheme for registering SWP is Rs. 6,000..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.3% and the Regular plan's by 5.1%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund Distributor.
Follow HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund by email
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.
Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Direct plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.