Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth

Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth is a debt fund. This fund was started on 10 November, 2022. The fund is managed by Dhawal Dalal, Rahul Dedhia. This fund is suitable to keep your money safe.

1. Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth has ₹154 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.2.
   

Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth has given a CAGR return of 8.88% since inception. Over the last 1 year the fund has given a CAGR return of 10.26%.

Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.06% Govt Stock 2028, 08.47 GJ Sdl 2028, 08.15 Tn SDL 2028, 08.79 GJ Sdl 2028, 6.13% Govt Stock 2028

As it is a index funds - fixed income mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to replicate CRISIL IBX 50:50 Gilt Plus SDL Index – Sep 2028 by investing in Indian Government Bonds and SDLs, maturing on or before September 28, 2028, subject to tracking errors.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth has no lock in period.