{"id":224848,"date":"2026-08-31T17:30:58","date_gmt":"2026-08-31T12:00:58","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/"},"modified":"2026-08-31T17:30:58","modified_gmt":"2026-08-31T12:00:58","slug":"axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/","title":{"rendered":"Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-g-direct-plan\">Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Plan<\/a> is an index fund with a NAV of \u20b912.9596 as of 28 Aug 2026 and scheme AUM of \u20b9335 Cr. Its 1-year, 3-year and 5-year returns are 6.1705%, 7.5601% and 0%, and the risk category is Balanced Risk.<\/p>\n<p>Our view is that the fund suits investors who want a defined-maturity style debt allocation with a government-securities-heavy portfolio and a relatively low expense ratio of 0.2%. The recent return pattern is steadier than the benchmark\u2019s, but the long-term picture is still shaped by the fund\u2019s short operating history and the June 2028 maturity theme.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Axis_CRISIL_IBX_50_50_Gilt_Plus_SDL_June_2028_Index\" title=\"Should you BUY or HOLD Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index?\">Should you BUY or HOLD Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Axis_CRISIL_IBX_50_50_Gilt_Plus_SDL_June_2028_Index_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Plan?\">What is the current NAV of Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#How_has_the_fund_performed_against_its_benchmark\" title=\"How has the fund performed against its benchmark?\">How has the fund performed against its benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#What_is_the_risk_category_and_what_does_the_portfolio_look_like\" title=\"What is the risk category and what does the portfolio look like?\">What is the risk category and what does the portfolio look like?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Is_there_any_exit_load_and_who_manages_the_fund\" title=\"Is there any exit load and who manages the fund?\">Is there any exit load and who manages the fund?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Metric<\/th>\n<th>Value<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b912.9596<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9335 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.2%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>24 Jan 2023<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91000<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Index Funds<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Hardik Shah<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Hardik Shah.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.44%<\/td>\n<td>-0.85%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.17%<\/td>\n<td>3.39%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.17%<\/td>\n<td>-2.29%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.56%<\/td>\n<td>6.4%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Over the most recent month, the fund stayed slightly positive while the benchmark slipped, which points to a comparatively steadier short-term profile. That difference matters because fixed-income and index-linked debt strategies often move in narrower bands, and this fund has kept that pattern intact in the latest period.<\/p>\n<p>The 3-month view is more mixed. The fund\u2019s 2.17% return trails the benchmark\u2019s 3.39%, so the short-term lead is not uniform across every recent window. For investors, that means the fund has not moved in a straight line, even though the one-month reading looks better than the benchmark.<\/p>\n<p>The 1-year return of 6.17% is clearly positive while the benchmark is negative over the same period. That gap suggests the fund has handled the latest year better than the benchmark index, which is an important sign for a strategy built around government securities and state development loans.<\/p>\n<p>The 3-year return of 7.56% is also ahead of the benchmark\u2019s 6.4%, but the margin is modest. Our read is that the fund\u2019s longer stretch has been constructive, though not dramatically different from the benchmark. The current pattern looks more stable than exciting, which is often the expected trade-off in a portfolio designed for debt-market exposure rather than equity-style upside.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Axis_CRISIL_IBX_50_50_Gilt_Plus_SDL_June_2028_Index\"><\/span>Should you BUY or HOLD Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-g-direct-plan\">Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Plan<\/a><\/td>\n<td>6.1705%<\/td>\n<td>7.5601%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-nasdaq-100-index-fund-g-direct-plan\">ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan<\/a><\/td>\n<td>35.235%<\/td>\n<td>31.2535%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-nifty-capital-market-index-fund-g-direct-plan\">Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan<\/a><\/td>\n<td>32.3519%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-nifty-capital-markets-index-fund-g-direct-plan\">Tata Nifty Capital Markets Index Fund Direct Growth Plan<\/a><\/td>\n<td>32.0816%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-nifty-india-defence-index-fund-g-direct-plan\">Motilal Oswal Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>31.9037%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-nifty-india-defence-index-fund-g-direct-plan\">Aditya Birla SL Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>31.8928%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The fund\u2019s 1-year return is far below the strongest peer figures listed here, which is unsurprising because those comparators are equity- and thematic-index funds with very different return profiles. In the 3-year column, the fund is much closer to the available peer data point from ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan, but it still trails that higher-risk equity exposure by a wide margin.<\/p>\n<p>The comparison therefore tells two different stories. Against debt-oriented expectations, the fund\u2019s own 1-year and 3-year numbers look reasonable and more stable than the benchmark\u2019s. Against the peer set shown here, its return profile is much more subdued, which reflects the category mismatch more than a weakness in the fund\u2019s own structure.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Market-cap distribution<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th>Bucket<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Large cap<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Mid cap<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Small cap<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Other<\/td>\n<td>100%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<th>Holdings<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>GOVERNMENT SECURITIES<\/td>\n<td>96.89%<\/td>\n<td>7.06% GOVERNMENT OF INDIA (10\/04\/2028) \u2014 34.44%; 8.05% TAMILNADU STATE DEVELOPMENT LOANS (18\/04\/2028) \u2014 26.77%<\/td>\n<\/tr>\n<tr>\n<td>CASH &amp; CASH EQUIVALENTS AND NET ASSETS<\/td>\n<td>3.11%<\/td>\n<td>NET RECEIVABLES \/ (PAYABLES) \u2014 2.1%; CLEARING CORPORATION OF INDIA LTD \u2014 1.01%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The portfolio is fully placed in the \u201cother\u201d bucket, which is consistent with a debt-oriented index fund rather than an equity allocation. There is no large-, mid- or small-cap exposure in the usual sense, so the movement of the portfolio is likely to be driven by bond and liquidity dynamics rather than equity market cycles.<\/p>\n<p>Government securities account for 96.89% of the portfolio, while cash and cash equivalents together with net assets make up 3.11%. That gap is material, so the government-securities sleeve is likely to have the greatest influence on how the fund behaves. Within that sleeve, the two named holdings carry meaningful individual weights, but the sector itself remains the dominant driver.<\/p>\n<p>The smaller cash-related portion may help with day-to-day cash management and settlement needs, but it is not large enough to change the overall character of the fund. For investors, the key takeaway is that this is a concentrated debt allocation in terms of sector mix, even though it remains diversified across a small set of government-linked instruments.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund fits investors who are comfortable with a Balanced Risk profile and want debt-market exposure with relatively limited sector breadth. The 1-year and 3-year returns are positive, and the fund has stayed ahead of the benchmark over those same periods, which supports a measured rather than aggressive investor profile.<\/p>\n<p>The trade-off is that the portfolio is heavily concentrated in government securities, so it may not deliver the kind of upside some investors expect from equity funds or more thematic debt strategies. It is more suitable for a medium-term horizon where the June 2028 maturity theme and the debt allocation style can work together, rather than for someone seeking fast growth.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Axis_CRISIL_IBX_50_50_Gilt_Plus_SDL_June_2028_Index_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b912.9596 as of 28 Aug 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-year return is 6.1705%, the 3-year return is 7.5601%, and the 5-year return is Data not available.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_performed_against_its_benchmark\"><\/span>How has the fund performed against its benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has outperformed the benchmark over 1 year and 3 years, while the 3-month view is weaker than the benchmark. The benchmark\u2019s 1-year return is negative, which makes the fund\u2019s latest year look comparatively stronger.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b91000.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_risk_category_and_what_does_the_portfolio_look_like\"><\/span>What is the risk category and what does the portfolio look like?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The risk category is Balanced Risk. The portfolio is almost entirely in government securities, with 96.89% in that sleeve and 3.11% in cash and cash equivalents and net assets.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Is_there_any_exit_load_and_who_manages_the_fund\"><\/span>Is there any exit load and who manages the fund?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>There is no exit load. The fund is managed by Hardik Shah.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund has a steadier recent profile than its benchmark, and its 1-year and 3-year returns are both positive, but the 3-month period shows that the short-term path is not perfectly smooth. Compared with the peer return figures shown here, the fund\u2019s numbers are much more modest, which reflects its debt-oriented structure rather than a weakness in the strategy. The main portfolio characteristic is the very high government-securities weight, which makes the fund\u2019s behaviour more debt-driven than equity-driven and keeps the risk profile in the Balanced Risk bucket.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 31 August 2026 at 5:29 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Plan\",\"identifier\":\"axis-crisil-ibx-50-50-gilt-plus-sdl-june-2028-index-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"24 Jan 2023\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":12.9596,\"valueReference\":\"as of 28 Aug 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"335 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.2\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.1705},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.5601},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Hardik Shah\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b912.9596 as of 28 Aug 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year return is 6.1705%, the 3-year return is 7.5601%, and the 5-year return is Data not available.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed against its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has outperformed the benchmark over 1 year and 3 years, while the 3-month view is weaker than the benchmark. The benchmark\u2019s 1-year return is negative, which makes the fund\u2019s latest year look comparatively stronger.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b91000.\"}},{\"@type\":\"Question\",\"name\":\"What is the risk category and what does the portfolio look like?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The risk category is Balanced Risk. The portfolio is almost entirely in government securities, with 96.89% in that sleeve and 3.11% in cash and cash equivalents and net assets.\"}},{\"@type\":\"Question\",\"name\":\"Is there any exit load and who manages the fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"There is no exit load. The fund is managed by Hardik Shah.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Person\",\"name\":\"{{ANALYST_NAME}}\",\"affiliation\":{\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\"},\"description\":\"Uniapps Investment Adviser Pvt. Ltd. \u2014 SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Plan has a NAV of \u20b912.9596 as of 28 Aug 2026, AUM of \u20b9335 Cr and Balanced Risk profile.<\/p>\n","protected":false},"author":29,"featured_media":224847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["224847"],"rank_math_title":["Axis CRISIL IBX 50:50 Gilt Fund Review 2026"],"rank_math_description":["Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Plan review: NAV \u20b912.9596, 1Y return 6.1705%, AUM \u20b9335 Cr."],"rank_math_focus_keyword":["Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/08\/Axis_CRISIL_IBX_5050_Gilt_Plus_SDL_June_2028_Index_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Inves_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=224848"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224848\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/224847"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}