SBI MF introduces CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Index Fund
SBI Mutual Fund (MF) has launched SBI CRISIL-IBX 10:90 Gilt + SDL Index - Dec 2029 Index Fund, an open-ended Target Maturity Index Fund predominantly investing in constituents of CRISIL IBX 10:90 Gilt +SDL Index - Dec 2029 with relatively high-interest rate risk and relatively low credit risk. The NFO opens for subscription on May 14, 2026 and closes on May 19, 2026. The Entry Load is not applicable and Exit load is nil for the scheme. The minimum subscription amount is Rs. 5,000/- and in multiples of Re.1 thereafter.
The performance of the scheme will be benchmarked against CRISIL IBX 10:90 Gilt + SDL Index – Dec 2029 Index and its fund manager is Rajeev Radhakrishnan.
The investment objective of the scheme is to provide returns that closely correspond to the total returns of the securities as represented by the underlying index, subject to tracking error.
