NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Growth for NRI [11.90]

Min Investment

5,000

Fund Size

262.7 Cr

Expense Ratio

0.4%

Exit Load

0%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

11.90

-0.13%

NAV as on 17 Nov 24, 12:00 AM

moderate risk

index funds fixed income

debt

NAV as on 17 Nov 24, 12:00 AM

moderate risk

index funds fixed income

debt

9.78%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

8.94%p.a.

Since Inception

About Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Growth scheme from Mirae Asset Investment Managers (India) Private Limited. It is a Index Funds - Fixed Income mutual fund scheme that predominantly invests in Index Funds - Fixed Income stocks of companies. Launched on Oct 2022, Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Growth is Index Funds - Fixed Income fund of its category with 262.7 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds - Fixed Income funds.

  • Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Growth delivered 9.8% annual returns during the last year. It has delivered 8.9% average annual returns since the fund was launched.
  • Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund 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.

Top 4 Holdings

7.26% Govt Stock 2033

51.37%

7.26% Govt Stock 2032

25.80%

7.95% Govt Stock 2032

11.94%

8.32% Govt Stock 2032

6.51%

Fund Managers

  1. Amit Modani (Jan 2023 - Present)

Key Information

View Scheme Document

Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions