MIRAE ASSET
CRISIL IBX GILT INDEX - APRIL 2033 INDEX FUND - (MACIF)
(An open-ended target maturity Index Fund investing in the constituents of CRISIL IBX Gilt Index - April 2033. A scheme with relatively high interest rate risk and relatively low credit risk)
| Type of Scheme | An open-ended target maturity Index Fund investing in the constituents of CRISIL IBX Gilt Index - April 2033. A scheme with relatively high interest rate risk and relatively low credit risk |
||||||||||||||||||||||||||
| Investment Objective | The investment objective of the scheme is to track the CRISIL IBX Gilt Index - April 2033 by investing in dated Government Securities (G-Sec), maturing on or before April 29, 2033, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns |
||||||||||||||||||||||||||
Fund Manager** |
Mr. Amit Modani# - (w.e.f 16 January, 2023) Allotment Date |
20th October, 2022 Benchmark Index |
CRISIL IBX Gilt Index - April 2033 Minimum Investment |
Amount ₹ 5,000/- and in multiples of ₹ 1/-thereafter. Minimum Additional Application Amount: ₹1,000/- per application and in multiples of ₹ 1/- thereafter. Systematic Investment Plan (SIP) (Any Date SIP is available from 1st July, 2019) Monthly and Quarterly: ₹ 1000/- (multiples of ₹ 1/- thereafter), minimum 5 in case of Monthly or 3 in case of Quarterly option. Load Structure |
Entry load: NA Exit Load: NIL Plans Available |
Regular Plan and Direct Plan Options Available |
Growth Option and IDCW Option (Payout & Re-investment) Monthly Average AUM (₹ Cr.) as on May 31, 2023 |
208.41 Net AUM (₹ Cr.) |
210.10 Tracking Error Value~ |
~1 Year Tracking Difference for Regular Plan is 0.28% |
Monthly Avg. Expense Ratio |
(Including Statutory Levies) as on May 31, 2023 Regular Plan: 0.55% Direct Plan: 0.15% **For experience of Fund Managers Click Here |
# As per notice cum addendum no. 03/2023 fund manager of the scheme has changed. Please visit the website for more details: https://www.miraeassetmf.co.in/downloads/statutory-disclosure/addendum |
| |||||||||||||
| NAV: | Direct | Regular |
| Growth | ₹ 10.7721 | ₹ 10.7488 |
| IDCW | ₹ 10.7704 | ₹ 10.7497 |
| Portfolio Holdings | % Allocation |
| Government Bond | |
| 7.26% GOI (22/08/2032) | 67.65% |
| 7.95% GOI (28/08/2032) | 14.60% |
| 7.26% GOI (06/02/2033) | 9.70% |
| 8.32% GOI (02/08/2032) | 5.16% |
| Government Bond Total | 97.11% |
| Cash & Other Receivables Total | 2.89% |
| Total | 100.00% |
| Returns (in%) | ||||
| 6 Months (Annualized) | SI (Annualized) | |||
| MACIF | 5.20% |
7.49% |
||
| Scheme Benchmark* | 5.49% |
6.72% |
||
| Additional Benchmark** | 11.19% |
12.92% |
||
| NAV as on 31st May, 2023 | ₹ 10.7488 | |||
| Index Value (31st May, 2023) | Index Value of benchmark is 1,076.27 and CRISIL 10 Year Gilt Index is 4,336.19 |
|||
| Allotment Date | 20th October, 2022 | |||
| Scheme Benchmark | *CRISIL IBX Gilt Index - April 2033 | |||
| Additional Benchmark | **CRISIL 10 Year Gilt Index | |||
Fund manager : Mr. Amit Modani managing the scheme since 16th January, 2023.
Note: Returns (%) for less than 1 year calculated on simple annualized basis, others are CAGR- Compounded Annualized Growth returns.
Past Performance may or may not be sustained in future.
Note : For computation of since inception returns (%) the allotment NAV has been taken as ₹ 10.00. The performance of other funds managed by the same fund manager is given in the respective page of the schemes 
Different Plans under the scheme has different expense structure. The reference and details provided here in are of Regular Plan - Growth Option
This product is suitable for investors who are seeking*
. Income over the target maturity period
. Open ended Target Maturity Index Fund that seeks to track CRISIL IBX Gilt Index - April 2033 Index Fund
*Investors should consult their financial advisers if they are not clear about the suitability of the product.
Note : With reference to SEBI Circular no. SEBI/HO/IMD/IMD-11 DOF-3/CIR/2021/573 dated June 07, 2021 disclosure of Potential Risk Class (PRC) Matrix is provided for debt Schemes of Mirae Asset Mut
| Average Maturity | 9.01 Yrs |
| Modified Duration | 6.35 Yrs |
| Macaulay Duration | 6.57 Yrs |
| Annualized Portfolio YTM* | 7.12% |
*In case of semi annual YTM, it will be annualized.