{"id":254468,"date":"2026-09-18T08:31:35","date_gmt":"2026-09-18T03:01:35","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-direct-growth-review-2026\/"},"modified":"2026-09-18T08:31:35","modified_gmt":"2026-09-18T03:01:35","slug":"bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-direct-growth-review-2026\/","title":{"rendered":"Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-g-direct-plan\">Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 Index Fund Direct Growth Plan<\/a> has a NAV of \u20b913.1824 as of 17 Sep 2026 and a scheme AUM of \u20b9392 Cr. Its 1-year, 3-year and 5-year returns are 5.51%, 7.23% and 0%, and the risk category is Medium Risk. Our view is that it suits investors who want a defined-maturity government-securities index exposure and can accept modest return swings rather than equity-style growth.<\/p>\n<p>The fund\u2019s return pattern has been steadier over 3 years than in the very short term, but its benchmark comparison shows a mixed picture. That makes it more relevant for conservative investors who are comfortable with duration-linked movement and want a portfolio built mainly around SDL and gilt holdings.<\/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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Bandhan_CRISIL_IBX_90_10_SDL_Plus_Gilt_%E2%80%93_April_2032_Index\" title=\"Should you BUY or HOLD Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 Index?\">Should you BUY or HOLD Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Bandhan_CRISIL_IBX_90_10_SDL_Plus_Gilt_%E2%80%93_April_2032_Index_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 Index Fund Direct Growth Plan?\">What is the current NAV of Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_its_benchmark\" title=\"How does the fund compare with its benchmark?\">How does the fund compare with 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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-direct-growth-review-2026\/#How_does_it_compare_with_peer_funds_on_available_return_data\" title=\"How does it compare with peer funds on available return data?\">How does it compare with peer funds on available return data?<\/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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-direct-growth-review-2026\/#Is_there_a_minimum_SIP\" title=\"Is there a minimum SIP?\">Is there a minimum SIP?<\/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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-direct-growth-review-2026\/#What_are_the_fund_manager_details_and_exit_load\" title=\"What are the fund manager details and exit load?\">What are the fund manager details and exit load?<\/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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-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>\u20b913.1824 as of 17 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9392 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.1%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>29 Nov 2022<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/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>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>Gautam Kaul, Harshal Joshi<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Gautam Kaul and Harshal Joshi.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 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%<\/td>\n<td>-3.66%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.47%<\/td>\n<td>-3.71%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>5.51%<\/td>\n<td>-7.13%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.23%<\/td>\n<td>5.82%<\/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>Near-term performance has been uneven, but it has still held up better than the benchmark over 1 month, 3 months and 1 year. The 1-month result is slightly negative, yet the benchmark fell more sharply, which tells us the fund preserved more value during a weak short stretch.<\/p>\n<p>The 3-month figure is a useful improvement. It shows a mild recovery for the fund even while the benchmark remained negative, so the recent phase looks more resilient than the index it is compared against.<\/p>\n<p>Over 1 year, the fund\u2019s 5.51% return stands out against a negative benchmark return. That gap suggests the strategy has behaved more defensively than Nifty 50 in the latest market conditions, although the comparison is not to a like-for-like fixed-income index.<\/p>\n<p>The 3-year return of 7.23% is the clearest long-run figure here. It indicates that the fund has compounded steadily enough to stay above its benchmark over the same period, even though the journey has included small drawdowns and recoveries. The 5-year figure is not available because the scheme has not been running that long, so we should read the longer-term picture through the 3-year trend rather than expect a full-cycle history.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 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_Bandhan_CRISIL_IBX_90_10_SDL_Plus_Gilt_%E2%80%93_April_2032_Index\"><\/span>Should you BUY or HOLD Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 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 Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 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\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-g-direct-plan\">Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 Index Fund Direct Growth Plan<\/a><\/td>\n<td>5.51%<\/td>\n<td>7.23%<\/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>29.31%<\/td>\n<td>30.01%<\/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>21.45%<\/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-capital-market-index-fund-g-direct-plan\">Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan<\/a><\/td>\n<td>21.13%<\/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-midsmall-financial-services-index-fund-g-direct-plan\">Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan<\/a><\/td>\n<td>20.68%<\/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\/icici-pru-nifty-pharma-index-fund-g-direct-plan\">ICICI Pru Nifty Pharma Index Fund Direct Growth Plan<\/a><\/td>\n<td>17.57%<\/td>\n<td>18.84%<\/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 trails the stronger peer figures in this set, while its 3-year return is also lower than the better-performing peers with available longer histories. At the same time, its peer set is not a single style bucket, so the short-term gap should be read as a comparison of recent return behaviour rather than a direct category verdict.<\/p>\n<p>What stands out is that the fund has a more muted return profile than the faster-moving equity-index peers shown here. That makes the comparison useful mainly as a reminder that this scheme is built for stability and maturity-linked exposure, not for chasing the highest recent returns. Its short-term and 3-year numbers tell a similar story: steadier, but less assertive than the top return figures in the table.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 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>7.28% Uttar Pradesh SDL (MD 25\/01\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>12.68%<\/td>\n<\/tr>\n<tr>\n<td>6.54% GOI (MD 17\/01\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>8.25%<\/td>\n<\/tr>\n<tr>\n<td>7.23% Tamilnadu SDL (MD 23\/03\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>7.85%<\/td>\n<\/tr>\n<tr>\n<td>7.73% Maharashtra SDL (MD 29\/03\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>7.26%<\/td>\n<\/tr>\n<tr>\n<td>7.72% Haryana SDL (MD 23\/03\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>6.47%<\/td>\n<\/tr>\n<tr>\n<td>7.2% Odisha SDL (MD 05\/03\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>6.31%<\/td>\n<\/tr>\n<tr>\n<td>7.63% Gujarat SDL (MD 25\/01\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>5.93%<\/td>\n<\/tr>\n<tr>\n<td>7.3% Tamilnadu SDL (MD 30\/03\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>3.81%<\/td>\n<\/tr>\n<tr>\n<td>7.26% Haryana SDL (MD 23\/03\/2032)<\/td>\n<td>Government Securities<\/td>\n<td>3.8%<\/td>\n<\/tr>\n<tr>\n<td>7.68% Karnataka SDL (MD 16\/11\/2031)<\/td>\n<td>Government Securities<\/td>\n<td>3.21%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 7.28% Uttar Pradesh SDL (MD 25\/01\/2032) at 12.68%, which is a meaningful position but not an overpowering one on its own. The tenth holding is 7.68% Karnataka SDL (MD 16\/11\/2031) at 3.21%, so the weight does fall away fairly steadily across the top 10 rather than dropping in one sharp step.<\/p>\n<p>The displayed holdings together account for 65.57% of the portfolio, and the scheme discloses 29 holdings in total. That mix suggests a portfolio that is still fairly concentrated in its core government-securities positions, yet broad enough to avoid relying on just a handful of instruments.<\/p>\n<p>Because all of the largest positions are in government securities, the portfolio may be more sensitive to interest-rate movement than an equity fund, but the spread across 29 holdings could soften the influence of any single bond. The result is a structure that may suit investors looking for defined-duration exposure with a relatively measured concentration profile.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-g-direct-plan\">Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 Index Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 17 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 most relevant for investors who are comfortable with Medium Risk and want a government-securities strategy rather than an equity-style return path. The 1-year and 3-year numbers show modest compounding with some short-term movement, so a medium- to longer-term horizon is more appropriate than a quick-entry, quick-exit approach.<\/p>\n<p>The main trade-off is that the portfolio may offer steadier behaviour than many return-seeking alternatives, but it is unlikely to match the pace of equity-linked peers during strong markets. That makes it suitable for investors who value maturity-linked exposure, can tolerate some duration-driven fluctuation, and are comfortable with returns that may be more measured than the most aggressive options in the broader index-fund universe.<\/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 17 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<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Bandhan_CRISIL_IBX_90_10_SDL_Plus_Gilt_%E2%80%93_April_2032_Index_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 Index Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b913.1824 as of 17 Sep 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 returns are 5.51% for 1 year, 7.23% for 3 years and 0% for 5 years in the displayed return history. The 5-year figure should be read as a placeholder for the scheme\u2019s shorter operating history rather than a full 5-year record.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_its_benchmark\"><\/span>How does the fund compare with its benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>It has done better than the benchmark over 1 month, 3 months, 1 year and 3 years. The benchmark comparison is mixed in the short run, but the fund has been more resilient across the periods shown.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_peer_funds_on_available_return_data\"><\/span>How does it compare with peer funds on available return data?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its recent return figures are lower than the stronger equity-index peer numbers in the table, while its 3-year return is also below the higher longer-term peer figures with available histories. The comparison mainly highlights different return profiles rather than a single uniform trend.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Is_there_a_minimum_SIP\"><\/span>Is there a minimum SIP?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, the minimum SIP is \u20b9100.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_fund_manager_details_and_exit_load\"><\/span>What are the fund manager details and exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Gautam Kaul and Harshal Joshi. There is no exit load.<\/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 return pattern is steadier than its benchmark in the periods shown, but its longer-run record is still moderate rather than high-growth. Compared with the peer figures shown here, it looks more restrained on return, which fits its government-securities profile. The portfolio is dominated by SDL and gilt holdings and spreads across 29 disclosed positions, so the structure is not built around a single instrument. For investors who want measured duration exposure and can accept modest fluctuation, it has a clear role.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 18 September 2026 at 8:30 AM 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\":\"Bandhan CRISIL IBX 90:10 SDL Plus Gilt - April 2032 Index Fund Direct Growth Plan\",\"identifier\":\"bandhan-crisil-ibx-90-10-sdl-plus-gilt-april-2032-index-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"29 Nov 2022\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":13.1824,\"valueReference\":\"as of 17 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"392 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.1\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":5.51},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.23},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Gautam Kaul, Harshal Joshi\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Bandhan CRISIL IBX 90:10 SDL Plus Gilt - April 2032 Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b913.1824 as of 17 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s returns are 5.51% for 1 year, 7.23% for 3 years and 0% for 5 years in the displayed return history. 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The comparison mainly highlights different return profiles rather than a single uniform trend.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes, the minimum SIP is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund manager details and exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Gautam Kaul and Harshal Joshi. There is no exit load.\"}}]}<\/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>Bandhan CRISIL IBX 90:10 SDL Plus Gilt &#8211; April 2032 Index Fund Direct Growth Plan has a NAV of \u20b913.1824 as of 17 Sep 2026, AUM of \u20b9392 Cr, and 1Y\/3Y returns of 5.51%\/7.23%.<\/p>\n","protected":false},"author":38,"featured_media":254465,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-254468","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["254465"],"rank_math_title":["Bandhan CRISIL IBX 90:10 SDL Plus Gilt Review"],"rank_math_description":["Bandhan CRISIL IBX 90:10 SDL Plus Gilt review: NAV \u20b913.1824, 1Y return 5.51%, 3Y return 7.23%, Medium Risk."],"rank_math_focus_keyword":["Bandhan CRISIL IBX 90:10 SDL Plus Gilt - April 2032 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\/Bandhan_CRISIL_IBX_9010_SDL_Plus_Gilt_April_2032_Index_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_I_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/254468","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=254468"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/254468\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/254465"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=254468"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=254468"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=254468"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}