GMP IPO Watch
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund
Direct Plan · IDCW Payout · HSBC Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.25% | +0.41% | 9 of 23 |
| 1M | +0.23% | +0.28% | 16 of 23 |
| 3M | +0.74% | +0.52% | 13 of 22 |
| 6M | +2.57% | +2.60% | 12 of 21 |
| YTD | +3.83% | +3.48% | 15 of 23 |
| 1Y | +4.81% | +4.82% | 15 of 20 |
| 2Y | +6.58% | +6.35% | 8 of 15 |
| 3Y | +7.42% | +7.11% | 5 of 14 |
| INCEPTION | +6.60% | — | — |
Ranked among: Index Funds - Debt Funds.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.78% | +3.83% | -1.00% | 99% | 40% |
| 6M | +3.62% | +5.77% | +0.08% | 100% | 41% |
| 1Y | +7.62% | +10.57% | +4.33% | 100% | 43% |
| 2Y | +7.88% | +8.87% | +5.96% | 100% | 43% |
| 3Y | +7.82% | +8.66% | +6.98% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt99.13%
- Cash0.87%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| 706GS28M23 | Debt | 30.30% | +0.03% |
| 717GOI2028 | Debt | 11.47% | +0.62% |
| 736MAHSDL28 | Debt | 7.82% | +0.02% |
| 805TN2028 | Debt | 7.11% | +0.03% |
| SDL KA 6.97% 2028 | Debt | 4.90% | +0.02% |
| 805GUJ2028 | Debt | 4.41% | -1.45% |
| SDL MH 6.97% 2028 | Debt | 3.18% | +0.02% |
| 8.28% TAMIL NADU SDL 14-Mar-2028 | Debt | 2.92% | -0.11% |
| 828GOI2027 | Debt | 2.92% | -0.11% |
| SDL MH 6.98% 2028 | Debt | 2.88% | +0.01% |
| 738GOI2027 | Debt | 2.15% | +0.01% |
| 8.26% CENTRAL GOVT 2027 | Debt | 2.06% | +0.00% |
| 8% Kerala SDL - 11-Apr-2028 | Debt | 1.50% | +0.00% |
| 8.2% HARYANA SDL 31-Jan-2028 | Debt | 1.47% | +0.00% |
| 7.92% UTTAR PRADESH SDL 24-Jan-2028 | Debt | 1.47% | +0.01% |
View all 34 holdings
| 823GUJ2028 | Debt | 1.47% | +0.01% |
| 8.27% UTTAR PRADESH SDL 14-Mar-2028 | Debt | 1.46% | -0.05% |
| 8.14% HARYANA SDL 27-Mar-2028 | Debt | 1.25% | -0.04% |
| 8% KARNATAKA SDL 17-Jan-2028 | Debt | 1.18% | +0.01% |
| 7.79% KARNATAKA SDL 03-Jan-2028 | Debt | 1.18% | +0.01% |
| 775GUJ2028 | Debt | 1.18% | +0.01% |
| 8.03% KARNATAKA SDL 31-Jan-2028 | Debt | 0.88% | +0.00% |
| 8.14% UTTARAKHAND SDL 27-Mar-2028 | Debt | 0.87% | -0.03% |
| Treps | Reverse Repo / TREPS | 0.87% | — |
| Net Current Assets (including cash & bank balances) | Debt | 0.87% | — |
| SDL TS 7.50% 2028 | Debt | 0.60% | +0.01% |
| 7.59% UTTARAKHAND SDL 25-Oct-2027 | Debt | 0.60% | +0.01% |
| 8.15% CHATTISGARH SDL 27-Mar-2028 | Debt | 0.58% | -0.02% |
| 8.34% Uttarpradesh SDL - 28-Feb-2028 | Debt | 0.29% | +0.00% |
| GOI LOAN 7.02% 2027 | Debt | 0.12% | +0.00% |
| 7.64% KARNATAKA SDL 08-Nov-2027 | Debt | 0.04% | +0.00% |
| 2026-09-30 00:00:00 | 0.49021780192699255 | 0.00% | — |
| 2026-09-30 00:00:00 | 0.4923776103037371 | 0.00% | — |
| 2026-09-30 00:00:00 | 0.017404587769270452 | 0.00% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.97 | 1.21 | Low Volatility |
| 3Y | 0.98 | 1.43 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.85 | -0.54 | Below Average |
| 3Y | 1.13 | 0.46 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 7.98 | 19.13 | Below Average |
| 3Y | 15.64 | 16.19 | Below Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Tracking Difference
Versus CRISIL IBX 50:50 Gilt Plus SDL Index April 2028, as of Sep 2026.
Compare With Peers
More From HSBC Asset Management (India) Private Ltd.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
HSBC India Export Opportunities Fund
Direct Plan · IDCW
|
+18.74% | — | — | +9.24% |
|
HSBC Global Emerging Markets Fund
Direct Plan · Growth
|
+17.68% | +25.06% | +9.86% | +8.09% |
|
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund
Direct Plan · Growth
|
+17.29% | +24.16% | +13.27% | +10.73% |
|
HSBC Midcap Fund
Direct Plan · Growth
|
+13.77% | +21.86% | — | +22.65% |
|
HSBC Multi Asset Allocation Fund
Direct Plan · Growth
|
+8.06% | — | — | +13.55% |
|
HSBC Equity Savings Fund
Direct Plan · Growth
|
+7.87% | +13.07% | — | +13.02% |
|
HSBC Large & Mid Cap Fund
Direct Plan · Growth
|
+7.72% | +17.66% | +13.72% | +16.80% |
|
HSBC Small Cap Fund
Direct plan · Growth
|
+7.37% | +13.07% | — | +17.41% |
|
HSBC Arbitrage Fund
Direct Plan · Growth
|
+6.52% | +7.15% | — | +7.37% |
|
HSBC Liquid Fund
Regular Plan · Direct
|
+6.45% | +6.90% | +6.44% | +6.82% |
About This Scheme
Investment 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%
Exit Load
Exit Load: Nil
Fund Managers
FM 1 - Mohd. Asif Rizwi, FM 2 - Mahesh Chhabria
FM 1 - Primary, FM 2 - Primary
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.