MonitorDirect · Growth

HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund

HSBC Mutual Fund Index Funds - Debt Funds4.5 years

NAV: 13.3683; 15 Sept 2026
1Y: +5.6%; Trailing CAGR
AUM: ₹1,749.49 Cr; 31 Aug 2026
Volatility: Low; 1.5% annualized

Sept 2024 – Sept 2026

All funds

MonitorDirect · Growth

HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund

HSBC Mutual Fund Index Funds - Debt Funds4.5 years

NAV: 13.3683; 15 Sept 2026
1Y: +5.6%; Trailing CAGR
AUM: ₹1,749.49 Cr; 31 Aug 2026
Volatility: Low; 1.5% annualized

NAV path pending

NAV

15 Sept 2026 · +5.6% over 1Y

13.3683

Sept 202512.6492 – 13.3826Sept 2026

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+5.6%
3Y+7.4%
5Yn/a
10Yn/a
SI+6.7%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.3%
3Y+6.8%
5Yn/a
10Yn/a

Since inception: +6.7%; Calendar-day CAGR
Excess 1Y: -0.4%; Category median, same plan and option
3Y win rate: +71%; Windows beating the median
3Y percentile: 15; Vs comparable share classes
Worst rolling 3Y: +7.0%; 351 daily-ending windows
Median rolling 3Y: +7.9%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows
SIP 3Y XIRR: +6.8%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-0.1%

Apr 2022-2.2% – 0.0%Sept 2026

Average recovery: 4 days; 139 recovered episodes
Longest recovery: 84 days; Trough to prior peak
Current spell: 5 days; Days below latest peak
Time below peak: +53%; NAV observations

6 Apr 2022 – 1 Aug 2022
Trough 9 May 2022 · recovered in 84 days
-2.4%
13 Sept 2022 – 11 Nov 2022
Trough 26 Sept 2022 · recovered in 46 days
-1.4%
10 Mar 2026 – 15 Apr 2026
Trough 2 Apr 2026 · recovered in 13 days
-0.7%
26 Sept 2023 – 2 Nov 2023
Trough 9 Oct 2023 · recovered in 24 days
-0.5%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
15
Vs category
48
Consistency
66
Risk-adjusted
74
Drawdown
94
Mean
60

Portfolio

31 Aug 2026 · 30 holdings · top 10 are 78.8%.

Top 5: 61.9%
Top 10: 78.8%
Largest holding: 30.3%
Effective holdings: 7.9

GOVERNMENT OF INDIA 32829 GOI 10AP28 7.06 FV RS 100
Entities
30.3%
CENTRAL GOVERNMENT LOAN 20061 GOI 08JN28 7.17 FV RS 100
Entities
10.8%
STATE DEVELOPMENT LOAN 32838 MH 12AP28 7.36 FV RS 100
Unspecified
7.8%
STATE DEVELOPMENT LOAN 20359 TN 18AP28 8.05 FV RS 100
Unspecified
7.1%
STATE DEVELOPMENT LOAN 20127 GUJ 31JN28 8.05 FV RS 100
Industrials
5.9%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 15 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

Three-year return sits below the 25th percentile of comparable share classes.

Supporting reads

The fund beat the category median in 71% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.
Peak-to-trough drawdown has stayed shallower than 15%.

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+5.6%
3Y+7.4%
5Yn/a
10Yn/a
SI+6.7%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.3%
3Y+6.8%
5Yn/a
10Yn/a

Since inception: +6.7%; Calendar-day CAGR
Excess 1Y: -0.4%; Category median, same plan and option
3Y win rate: +71%; Windows beating the median
3Y percentile: 15; Vs comparable share classes
Worst rolling 3Y: +7.0%; 351 daily-ending windows
Median rolling 3Y: +7.9%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows
SIP 3Y XIRR: +6.8%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

Path not in current snapshots

n/a

Average recovery: 4 days; 139 recovered episodes
Longest recovery: 84 days; Trough to prior peak
Current spell: 5 days; Days below latest peak
Time below peak: +53%; NAV observations

6 Apr 2022 – 1 Aug 2022
Trough 9 May 2022 · recovered in 84 days
-2.4%
13 Sept 2022 – 11 Nov 2022
Trough 26 Sept 2022 · recovered in 46 days
-1.4%
10 Mar 2026 – 15 Apr 2026
Trough 2 Apr 2026 · recovered in 13 days
-0.7%
26 Sept 2023 – 2 Nov 2023
Trough 9 Oct 2023 · recovered in 24 days
-0.5%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
15
Vs category
48
Consistency
66
Risk-adjusted
74
Drawdown
94
Mean
60

Portfolio

31 Aug 2026 · 30 holdings · top 10 are 78.8%.

Top 5: 61.9%
Top 10: 78.8%
Largest holding: 30.3%
Effective holdings: 7.9

GOVERNMENT OF INDIA 32829 GOI 10AP28 7.06 FV RS 100
Entities
30.3%
CENTRAL GOVERNMENT LOAN 20061 GOI 08JN28 7.17 FV RS 100
Entities
10.8%
STATE DEVELOPMENT LOAN 32838 MH 12AP28 7.36 FV RS 100
Unspecified
7.8%
STATE DEVELOPMENT LOAN 20359 TN 18AP28 8.05 FV RS 100
Unspecified
7.1%
STATE DEVELOPMENT LOAN 20127 GUJ 31JN28 8.05 FV RS 100
Industrials
5.9%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 15 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

Three-year return sits below the 25th percentile of comparable share classes.

Supporting reads

The fund beat the category median in 71% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.
Peak-to-trough drawdown has stayed shallower than 15%.

Worth investigating

Same-category peers with enough history to inspect beside this fund.

NAV

15 Sept 2026 · +5.6% over 1Y

13.3683

Sept 202512.6492 – 13.3826Sept 2026

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+5.6%
3Y+7.4%
5Yn/a
10Yn/a
SI+6.7%

SIP XIRR

Equal monthly instalments to latest NAV

1Y+5.3%
3Y+6.8%
5Yn/a
10Yn/a

Since inception: +6.7%; Calendar-day CAGR
Excess 1Y: -0.4%; Category median, same plan and option
3Y win rate: +71%; Windows beating the median
3Y percentile: 15; Vs comparable share classes
Worst rolling 3Y: +7.0%; 351 daily-ending windows
Median rolling 3Y: +7.9%; Calendar-day CAGR
Positive rolling 5Y: n/a; 0 daily-ending windows
SIP 3Y XIRR: +6.8%; Simulated monthly SIP

Drawdown

Peak to trough from a running NAV high. Move across the path to read a date.

Drawdown

15 Sept 2026

-0.1%

Apr 2022-2.2% – 0.0%Sept 2026

Average recovery: 4 days; 139 recovered episodes
Longest recovery: 84 days; Trough to prior peak
Current spell: 5 days; Days below latest peak
Time below peak: +53%; NAV observations

6 Apr 2022 – 1 Aug 2022
Trough 9 May 2022 · recovered in 84 days
-2.4%
13 Sept 2022 – 11 Nov 2022
Trough 26 Sept 2022 · recovered in 46 days
-1.4%
10 Mar 2026 – 15 Apr 2026
Trough 2 Apr 2026 · recovered in 13 days
-0.7%
26 Sept 2023 – 2 Nov 2023
Trough 9 Oct 2023 · recovered in 24 days
-0.5%

Dimensions

0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.

Returns
15
Vs category
48
Consistency
66
Risk-adjusted
74
Drawdown
94
Mean
60

Portfolio

31 Aug 2026 · 30 holdings · top 10 are 78.8%.

Top 5: 61.9%
Top 10: 78.8%
Largest holding: 30.3%
Effective holdings: 7.9

GOVERNMENT OF INDIA 32829 GOI 10AP28 7.06 FV RS 100
Entities
30.3%
CENTRAL GOVERNMENT LOAN 20061 GOI 08JN28 7.17 FV RS 100
Entities
10.8%
STATE DEVELOPMENT LOAN 32838 MH 12AP28 7.36 FV RS 100
Unspecified
7.8%
STATE DEVELOPMENT LOAN 20359 TN 18AP28 8.05 FV RS 100
Unspecified
7.1%
STATE DEVELOPMENT LOAN 20127 GUJ 31JN28 8.05 FV RS 100
Industrials
5.9%

Decision

Quantitative read of the live evidence. An explanation can only restate what is already here.

As of 15 Sept 2026

Monitor

Engine status

Monitor

Recent evidence

Why this status

Three-year return sits below the 25th percentile of comparable share classes.

Supporting reads

The fund beat the category median in 71% of rolling 3-year windows.
Risk-adjusted return sits above the documented risk-free proxy.
Peak-to-trough drawdown has stayed shallower than 15%.

HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund

Returns

Drawdown

Dimensions

Portfolio

Decision

Worth investigating

Mirae Asset Nifty SDL June 2028 Index Fund

Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund

Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund

Axis CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund

HSBC CRISIL IBX Gilt June 2027 Index Fund

HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund

HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund

Returns

Drawdown

Dimensions

Portfolio

Decision

Returns

Drawdown

Dimensions

Portfolio

Decision

Worth investigating

Mirae Asset Nifty SDL June 2028 Index Fund

Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund

Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund

Axis CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund

HSBC CRISIL IBX Gilt June 2027 Index Fund

HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund

Returns

Drawdown

Dimensions

Portfolio

Decision