{"id":254016,"date":"2026-09-17T16:53:35","date_gmt":"2026-09-17T11:23:35","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/sbi-nifty-g-sec-jul-2031-index-fund-direct-growth-review-2026\/"},"modified":"2026-09-17T16:53:35","modified_gmt":"2026-09-17T11:23:35","slug":"sbi-nifty-g-sec-jul-2031-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/sbi-nifty-g-sec-jul-2031-index-fund-direct-growth-review-2026\/","title":{"rendered":"SBI Nifty G-sec Jul 2031 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/sbi-nifty-g-sec-jul-2031-index-fund-g-direct-plan\">SBI Nifty G-sec Jul 2031 Index Fund Direct Growth Plan<\/a> had a NAV of \u20b910.2298 as of 16 September 2026 and an AUM of \u20b917 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%, and the scheme is placed in the Medium Risk bucket. Our view is that this is a focused gilt index fund for conservative investors who want government-security exposure, but the limited live track record means the recent return pattern matters more than long-run history at this stage.<\/p>\n<p>The portfolio is dominated by two government securities, so the fund\u2019s behaviour should stay closely tied to sovereign bond moves. That makes it suitable for investors who are comfortable with interest-rate sensitivity and who prefer a narrow, rules-based debt exposure over active security selection.<\/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\/sbi-nifty-g-sec-jul-2031-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\/sbi-nifty-g-sec-jul-2031-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\/sbi-nifty-g-sec-jul-2031-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_SBI_Nifty_G-sec_Jul_2031_Index\" title=\"Should you BUY or HOLD SBI Nifty G-sec Jul 2031 Index?\">Should you BUY or HOLD SBI Nifty G-sec Jul 2031 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\/sbi-nifty-g-sec-jul-2031-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\/sbi-nifty-g-sec-jul-2031-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\/sbi-nifty-g-sec-jul-2031-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\/sbi-nifty-g-sec-jul-2031-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\/sbi-nifty-g-sec-jul-2031-index-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/sbi-nifty-g-sec-jul-2031-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-10\" href=\"https:\/\/univest.in\/blogs-2\/sbi-nifty-g-sec-jul-2031-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-11\" href=\"https:\/\/univest.in\/blogs-2\/sbi-nifty-g-sec-jul-2031-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>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b910.2298 as of 16 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b917 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.0%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>26 May 2026<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9500<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Medium 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>Equity<\/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>Rajeev Radhakrishnan, Jignesh Shah, Ranjana Gupta<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Rajeev Radhakrishnan, Jignesh Shah and Ranjana Gupta.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 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>-1.03%<\/td>\n<td>-4.41%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.41%<\/td>\n<td>-3.6%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>0%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>0%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>0%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Over the short term, the fund has held up better than the benchmark in both the 1-month and 3-month windows. The 1-month period was mildly negative for the fund, but the benchmark fell more sharply, which suggests the fund has been less volatile than the comparison index in the recent move.<\/p>\n<p>The 3-month period looks steadier. The fund was slightly positive while the benchmark remained negative, so the fund has recently shown a softer path than the benchmark even without delivering a strong absolute gain. That is useful for investors who care more about stability than high upside.<\/p>\n<p>The longer numbers do not yet give much of a compounding story because the scheme launched only in May 2026. The flat 1-year, 3-year and 5-year return fields mainly indicate that there is not enough long-history evidence here to judge a mature trend. For now, the recent pattern is more informative than the longer-term labels.<\/p>\n<p>Overall, the fund has been ahead of the benchmark in the available recent windows, but the advantage is measured in relative resilience rather than strong absolute returns. That fits a government-securities strategy where the main test is usually consistency through rate moves rather than equity-like growth.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 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_SBI_Nifty_G-sec_Jul_2031_Index\"><\/span>Should you BUY or HOLD SBI Nifty G-sec Jul 2031 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 SBI Nifty G-sec Jul 2031 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\/sbi-nifty-g-sec-jul-2031-index-fund-g-direct-plan\">SBI Nifty G-sec Jul 2031 Index Fund Direct Growth Plan<\/a><\/td>\n<td>0%<\/td>\n<td>0%<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/hdfc-crisil-ibx-financial-services-9-12-months-debt-index-fund-g-direct-plan\">HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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\/axis-nifty50-equal-weight-index-fund-g-direct-plan\">Axis Nifty50 Equal Weight Index Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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\/axis-nifty-energy-index-fund-g-direct-plan\">Axis Nifty Energy Index Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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\/groww-nifty-smallcap-250-momentum-quality-100-index-fund-g-direct-plan\">Groww Nifty Smallcap 250 Momentum Quality 100 Index Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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\/sbi-crisil-ibx-10-90-gilt-sdl-index-dec-2029-index-fund-g-direct-plan\">SBI CRISIL-IBX 10:90 Gilt+SDL Index-Dec 2029 Index Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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>With the available figures, the fund\u2019s short-term return profile looks better than the benchmark comparison we can see, but the peer set does not provide usable return numbers beyond the current fund row. That means the comparison story is mainly about this scheme\u2019s own recent resilience rather than a broader peer spread. We would treat the limited history with caution, because the fund is still very new and its longer return fields are not yet informative.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 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<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>6.10% CGL 2031<\/td>\n<td>Government Securities<\/td>\n<td>89.05%<\/td>\n<\/tr>\n<tr>\n<td>7.02% CGL 2031<\/td>\n<td>Government Securities<\/td>\n<td>7.07%<\/td>\n<\/tr>\n<tr>\n<td>TREPS<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>3.08%<\/td>\n<\/tr>\n<tr>\n<td>Net Receivable \/ Payable<\/td>\n<td>Cash &amp; Cash Equivalents and Net Assets<\/td>\n<td>0.8%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 6.10% CGL 2031 at 89.05%, so the fund is highly shaped by one sovereign security. That kind of structure may give the portfolio a very direct sensitivity to the pricing of a single long-duration government bond, which can matter more than broad diversification in the near term.<\/p>\n<p>The weight then falls sharply to 7.07% in 7.02% CGL 2031, with cash and receivable items making up the rest. Because the disclosed holdings already cover the full portfolio and there are only four rows, the fund appears narrowly built rather than spread across many positions.<\/p>\n<p>That concentration could make the fund\u2019s path easier to understand, but it may also mean fewer offsets if the main security moves against it. For investors, the key point is that this is a concentrated gilt exposure, not a blended or wide portfolio.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 Sep 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 is better suited to investors who are comfortable with Medium Risk and can hold through rate-driven fluctuations. The recent return pattern has been relatively steadier than the benchmark, but the scheme is new, so there is not yet a long performance track record to rely on.<\/p>\n<p>A longer horizon is more appropriate than a short holding period because the portfolio is built around government securities with a clear interest-rate sensitivity. The main trade-off is that investors may accept muted near-term performance in exchange for a disciplined, rules-based gilt exposure that can behave differently from equity funds and many short-duration debt funds.<\/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 16 Sep 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<p><strong>What is the current NAV of SBI Nifty G-sec Jul 2031 Index Fund Direct Growth Plan?<\/strong><br \/>The current NAV is \u20b910.2298 as of 16 September 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%. The scheme is very new, so these longer-period labels do not yet reflect a mature track record.<\/p>\n<p><strong>How has the fund done versus the benchmark recently?<\/strong><br \/>It has been better than the benchmark in the available recent windows. The fund returned -1.03% over 1 month and 0.41% over 3 months, while the benchmark returned -4.41% and -3.6% over the same periods.<\/p>\n<p><strong>Who manages this fund?<\/strong><br \/>The fund is managed by Rajeev Radhakrishnan, Jignesh Shah and Ranjana Gupta.<\/p>\n<p><strong>Is there an exit load?<\/strong><br \/>No, there is no exit load.<\/p>\n<p><strong>What is the portfolio mainly invested in?<\/strong><br \/>It is heavily concentrated in government securities, led by 6.10% CGL 2031 at 89.05% and 7.02% CGL 2031 at 7.07%. The rest is in TREPS and net receivables\/payables.<\/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\u2019s recent behaviour is steadier than the benchmark in the available windows, but the long-term return fields are not yet meaningful because the scheme is newly launched. The portfolio is extremely concentrated in government securities, especially one large sovereign bond, so it is best viewed as a focused gilt allocation rather than a diversified debt solution. It may suit investors who want a rules-based, medium-risk government-securities exposure and are comfortable waiting for a longer track record to develop.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 17 September 2026 at 4:52 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\":\"SBI Nifty G-sec Jul 2031 Index Fund Direct Growth Plan\",\"identifier\":\"sbi-nifty-g-sec-jul-2031-index-fund-g-direct-plan\",\"category\":\"Equity\",\"dateCreated\":\"26 May 2026\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":10.2298,\"valueReference\":\"as of 16 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"17 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.0\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Rajeev Radhakrishnan, Jignesh Shah, Ranjana Gupta\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of SBI Nifty G-sec Jul 2031 Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b910.2298 as of 16 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year, 3-year and 5-year returns are 0%, 0% and 0%. The scheme is very new, so these longer-period labels do not yet reflect a mature track record.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund done versus the benchmark recently?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has been better than the benchmark in the available recent windows. The fund returned -1.03% over 1 month and 0.41% over 3 months, while the benchmark returned -4.41% and -3.6% over the same periods.\"}},{\"@type\":\"Question\",\"name\":\"Who manages this fund?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Rajeev Radhakrishnan, Jignesh Shah and Ranjana Gupta.\"}},{\"@type\":\"Question\",\"name\":\"Is there an exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No, there is no exit load.\"}},{\"@type\":\"Question\",\"name\":\"What is the portfolio mainly invested in?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It is heavily concentrated in government securities, led by 6.10% CGL 2031 at 89.05% and 7.02% CGL 2031 at 7.07%. The rest is in TREPS and net receivables\/payables.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SBI Nifty G-sec Jul 2031 Index Fund Direct Growth Plan has a \u20b910.2298 NAV, \u20b917 Cr AUM and a concentrated gilt portfolio dominated by 6.10% CGL 2031.<\/p>\n","protected":false},"author":38,"featured_media":254015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-254016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["254015"],"rank_math_title":["SBI Nifty G-sec Jul 2031 Review | NAV, Returns"],"rank_math_description":["SBI Nifty G-sec Jul 2031 Index Fund Direct Growth Plan NAV is \u20b910.2298 as of 16 Sep 2026; 1M return -1.03%, 3M return 0.41%."],"rank_math_focus_keyword":["SBI Nifty G-sec Jul 2031 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\/09\/SBI_Nifty_G_sec_Jul_2031_Index_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/254016","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\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=254016"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/254016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/254015"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=254016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=254016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=254016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}