HSBC CRISIL IBX Gilt June 2027 Index Fund
Target Maturity Index Fund
Target Maturity Index Fund (TMIF) is an open-ended debt fund tracking predefined fixed income index. These funds have a fixed maturity and the potential to generate better risk adjusted performance.
Why HSBC CRISIL IBX Gilt June 2027 Index Fund (HGIF)
- HSBC CRISIL IBX Gilt June 2027 Index Fund (HGIF) replicates the CRISIL IBX Gilt Index – June 2027
- The fund aims to track the index performance and offer liquidity
- Invests in sovereign G-Sec and T-bill papers, as per the index
- The fund focuses on 4 - 5 year point of the yield curve which offers adequate carry and should benefit from a roll-down over a 2 to 3 year timeframe
Risk Warning
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HSBC CRISIL IBX Gilt June 2027 Index Fund An open-ended Target Maturity Index Fund tracking CRISIL-IBX Gilt Index - June 2027. Relatively high interest rate risk and relatively low credit risk. This product is suitable for investors who are seeking*:
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CRISIL-IBX Gilt Index - June 2027 |
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^ Returns and risk commensurate with CRISIL-IBX Gilt Index - June 2027, subject to tracking errors.
* Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Product labelling assigned is as at March 2023 and the same may change on monthly basis.
Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate risk (measured by Macaulay Duration of the scheme) and maximum credit risk (measured by Credit Risk Value of the scheme) the fund manager can take in the scheme. PRC matrix classification is done in accordance with and subject to the methodology/guidelines prescribed by SEBI to help investors take informed decision based on the maximum interest rate risk and maximum credit risk the fund manager can take in the scheme, as depicted in the PRC matrix.
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