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An open ended Constant Maturity Index Fund tracking the CRISIL-IBX Financial Services 9 to 12 Months Debt Index. A relatively low interest rate risk and relatively low credit risk
Ms. Pranavi Kulkarni
CRISIL-IBX Financial Services 9-12 Months Debt Index
Wednesday 25th June 2025
Rs. 5000/-and in multiples of Re. 1/-thereafter.
Rs 99/-and above
Nil
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Upto 1year
Debt Investing

Wealth Creation

Investment Objective of Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund. 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. The Scheme Riskometer shows that the risk of the scheme is Moderate. The riskometer is a semicircular gauge divided into six color-coded zones: Low Risk (dark green), Low to Moderate Risk (light green), Moderate Risk (yellow), Moderately High Risk (brown), High Risk (orange) and Very High Risk (red). The needle of the scheme riskometer points to the Moderate Risk zone. The Scheme Benchmark is the CRISIL IBX Gilt Index - April 2033. The Benchmark Riskometer also has its needle pointing to the Moderate Risk zone. Note that the caption under the benchmark riskometer in the image reads "The risk of the scheme is Moderate", so the benchmark's risk level is also Moderate.
The above Product Labelling assigned during the New Fund Offer (NFO) is based on internal assessment of the scheme characteristics or model portfolio and the same may vary post NFO when the actual investments are made.
Potential Risk Class Matrix (PRC)
| Credit Risk → Interest Rate Risk↓ | Relatively Low (Class A) | Moderate (Class B) | Relatively High (Class C) |
|---|---|---|---|
| Relatively Low (Class I) | A-I | ||
| Moderate (Class II) | |||
| Relatively High (Class III) |
(A scheme with relatively high interest rate risk and relatively low credit risk)
Disclaimers & Footer
CRISIL Indices Limited Disclaimer
Each CRISIL Index ( for the avoidance of doubt, its values and constituents) published on the web site (www.crisil.com) or otherwise delivered to client by CRISIL Limited (“ is the sole property of CRISIL By viewing, accessing and/or otherwise using CRISIL Indices or any related information ( together,“ the person doing so (“ acknowledges and accepts as follows The user understands that the Material is provided by way of general information CRISIL makes no representation or warranty that the Material is appropriate or available for use at any location(s) outside India Any access to the Materials from territories where such contents are illegal, is prohibited The user may not use or export the Material in violation of any export and other laws or regulation Where a user accesses the Material from a location outside India, the user is responsible for compliance with ( if any, violation of) all local laws The provision of the Material is not intended to create an adviser, broker/dealer, or consultant client relationship between CRISIL and the user CRISIL neither endorses nor solicits any business in respect the trading, purchase or sale of any of the securities or instruments that may be featured in the CRISIL Index Any use of the Material other than user’s own personal or individual non commercial purpose, is subject to the user obtaining the prior written consent of (and payment of applicable charges to) CRISIL Without limiting the foregoing, unless the user is specifically permitted by CRISIL in writing the user may not ::( copy, transmit, combine with other information, recompile or redistribute any part of the Material in any manner ;;( commercially exploit any part of Material Any unauthorized access and use of any part of the Material is illegal and may attract legal action as CRISIL may consider necessary While CRISIL uses reasonable care in computing the CRISIL Indices and bases its calculation on data that it considers reliable, CRISIL makes no representations or warranties including that any CRISIL Index or other Material is error free, complete, adequate, updated or fit for any particular purpose Further, there may be errors in transmission of the information The user takes the full responsibility for any use of CRISIL Indices CRISIL does not accept any liability whatsoever (and expressly excludes all liability) arising from or relating to their use of any part of Material.
Statutory Details:Trustee Mirae Asset Trustee Company Private Limited: Investment Manager Mirae Asset Investment Managers ( Private Limited (Sponsor Mirae Asset Global Investments Company Limited The information contained in this document is compiled from third party and publically available sources and is included for general information purposes only. There can be no assurance and guarantee on the yields Views expressed by the Fund Manager cannot be construed to be a decision to invest The statements contained herein are based on current views and involve known and unknown risks and uncertainties Whilst Mirae Asset Investment Managers ( Private Limited (the AMC) shall have no responsibility/liability whatsoever for the accuracy or any use or reliance thereof of such information The AMC, its associate or sponsors or group companies, its Directors or employees accepts no liability for any loss or damage of any kind resulting out of the use of this document. The recipient(s) before acting on any information herein should make his/her/their own investigation and seek appropriate professional advice and shall alone be fully responsible liable for any decision taken on the basis of information contained herein Any reliance on the accuracy or use of such information shall be done only after consultation to the financial consultant to understand the specific legal, tax or financial implications.
*Data as on 31st May, 2022.
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If Inflation rate is selected then
futureValue = Future value considering the inflation rate
else
Calculate on current value.
SIPAmount = parseInt(-((Rate of interest / 12) * (-futureValue + (interest amount on loan * 0))) / ((-1 + interest amount on loan) * (1 + (rate of interest / 12))));
Annual Return = (Last NAV of the year - Last NAV of the previous year) / Last NAV of the previous year
For more details, please visit the AMFI website
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