MonitorDirect · GrowthWatch before adding
DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund
- NAV
- 12.8956
- 29 Oct 2026
- 1Y
- +2.4%
- Trailing CAGR
- AUM
- ₹269.1 Cr
- 30 Sept 2026
- Volatility
- Low
- 2.0% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
3.8 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.15% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -2.7%. Ask whether you can hold through a similar fall.
Vs category
Fail
2% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 97.5% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 3%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+2.4%
- 3Y+7.0%
- 5Yn/a
- 10Yn/a
- SI+7.0%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+1.1%
- 3Y+4.9%
- 5Yn/a
- 10Yn/a
- Since inception
- +7.0%
- Calendar-day CAGR
- Excess 1Y
- +6.3%
- Category median, same plan and option
- 3Y win rate
- +2%
- Windows beating the median
- 3Y percentile
- 22
- Vs comparable share classes
- SIP 3Y XIRR
- +4.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.7%
- 184 daily-ending windows
- Median rolling 3Y
- +7.6%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -2.7%
- Worst peak-to-trough
- Current
- -2.5%
- Below last peak
- Current spell
- 77 days
- Days below latest peak
- Time below peak
- +67%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 90 recovered episodes
- Longest recovery
- 67 days
- Trough to prior peak
13 Aug 2026 – open
Trough 28 Oct 2026 · not recovered
-2.7%
5 Mar 2026 – 8 Jun 2026
Trough 2 Apr 2026 · recovered in 67 days
-1.8%
27 May 2025 – 14 Oct 2025
Trough 26 Aug 2025 · recovered in 49 days
-1.5%
21 Sept 2023 – 15 Nov 2023
Trough 23 Oct 2023 · recovered in 23 days
-1.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
22
Vs category
90
Consistency
21
Risk-adjusted
53
Drawdown
93
Mean
56
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 13 holdings · top 10 are 97.5%.
- Top 5
- 82.0%
- Top 10
- 97.5%
- Largest holding
- 36.6%
- Effective holdings
- 5.2
GOVERNMENT OF INDIA 31909 GOI 22AG32 7.26 FV RS 100
Entities
36.6%
GOVERNMENT OF INDIA 32584 GOI 06FB33 7.26 FV RS 100
Entities
13.2%
STATE DEVELOPMENT LOAN 32706 MH 08MR33 7.7 FV RS 100
Unspecified
12.1%
7.74% Maharashtra SDL 2033
Unspecified
10.5%
STATE DEVELOPMENT LOAN 32546 MH 25JN33 7.64 FV RS 100
Unspecified
9.4%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
8 Sept 2026
DECISION
Status moved from HEALTHY to MONITOR.
8 Sept 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund
DSP Mutual Fund
- 1Y
- +5.1%
- 3Y
- +7.4%
- Vol
- 0.9%
- Max DD
- -0.3%
- Sharpe
- 1.56
- 3Y win
- +6%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Nippon India Nifty SDL Plus G-Sec - Jun 2028 Maturity 70:30 Index Fund
Nippon India Mutual Fund
- 1Y
- +4.7%
- 3Y
- +7.5%
- Vol
- 1.1%
- Max DD
- -0.7%
- Sharpe
- 1.22
- 3Y win
- +15%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Kotak Mahindra Mutual Fund
- 1Y
- +6.5%
- 3Y
- n/a
- Vol
- 0.4%
- Max DD
- -0.2%
- Sharpe
- 2.30
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Edelweiss CRISIL IBX AAA Financial Services Bond - Jan 2028 Index Fund
Edelweiss Mutual Fund
- 1Y
- +5.4%
- 3Y
- n/a
- Vol
- 0.9%
- Max DD
- -0.5%
- Sharpe
- 1.37
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund
Axis Mutual Fund
- 1Y
- +4.6%
- 3Y
- +7.4%
- Vol
- 1.2%
- Max DD
- -0.8%
- Sharpe
- 1.09
- 3Y win
- +1%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER