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

INVEST VIA NRE/NRO

PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Growth for NRI [10.89]

Min Investment

5,000

Fund Size

30.68 Cr

Expense Ratio

0.5%

Exit Load

0%

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

10.89

0.04%

NAV as on 30 Apr 24, 12:00 AM

moderate risk

index funds fixed income

debt

NAV as on 30 Apr 24, 12:00 AM

moderate risk

index funds fixed income

debt

6.13%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

7.92%p.a.

Since Inception

About PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Growth scheme from PGIM India Asset Management 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 Feb 2023, PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Growth is Index Funds - Fixed Income fund of its category with 30.68 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds - Fixed Income funds.

  • PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Growth delivered 6.1% annual returns during the last year. It has delivered 7.9% average annual returns since the fund was launched.
  • PGIM India CRISIL IBX Gilt Index - Apr 2028 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 generate returns that corresponds to the total returns of the securities as represented by the CRISIL-IBX Gilt Index-April 2028 (before fees and expenses), subject to tracking errors. However, there can be no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.

Top 3 Holdings

7.17% Govt Stock 2028

58.79%

8.28% Govt Stock 2027

38.10%

India (Republic of)

1.14%

Fund Managers

  1. Bhupesh Kalyani (Feb 2023 - Present)
  2. Puneet Pal (Feb 2023 - Present)

Key Information

View Scheme Document

PGIM India CRISIL IBX Gilt Index - Apr 2028 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 PGIM India CRISIL IBX Gilt Index - Apr 2028 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 PGIM India CRISIL IBX Gilt Index - Apr 2028 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 PGIM India CRISIL IBX Gilt Index - Apr 2028 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