Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund Direct Growth

Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund Direct Growth is a debt fund. This fund was started on 11 October, 2022. The fund is managed by Rahul Dedhia, Dhawal Dalal. This fund is suitable to keep your money safe.

1. Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund Direct Growth has ₹983 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 April 2037 Index Fund Direct Growth has given a CAGR return of 9.94% since inception. Over the last 1 year the fund has given a CAGR return of 9.80%.

Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.41% Govt Stock 2036, 7.54% Govt Stock 2036, 07.84 Ts SDL 2036, 07.74 Up SDL 2037, 08.03 AP Sdl 2036

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:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
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 – April 2037 by investing in Indian Government Bonds and SDLs, maturing on or before April 29, 2037, 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 April 2037 Index Fund Direct Growth has no lock in period.