{"id":255508,"date":"2026-09-18T10:35:33","date_gmt":"2026-09-18T05:05:33","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-index-fund-direct-growth-review-2026\/"},"modified":"2026-09-18T10:35:33","modified_gmt":"2026-09-18T05:05:33","slug":"dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-index-fund-direct-growth-review-2026\/","title":{"rendered":"DSP CRISIL-IBX 50:50 Gilt Plus SDL &#8211; April 2033 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-index-fund-g-direct-plan\">DSP CRISIL-IBX 50:50 Gilt Plus SDL &#8211; April 2033 Index Fund Direct Growth Plan<\/a> currently has an NAV of \u20b913.0608 as of 17 September 2026 and scheme AUM of \u20b9276 Cr. Its 1-year, 3-year and 5-year returns are 4.87%, 7.23% and 0%, and the scheme sits in the Medium Risk bucket. In our view, this is a specialised fixed-income index fund that may suit conservative investors who can accept modest return swings in exchange for a government-securities-heavy allocation.<\/p>\n<p>The fund has been live since 25 Jan 2023, so the record is still relatively short. The return pattern points to a steady but uneven compounding path rather than a smooth climb, and that matters for anyone looking for predictability.<\/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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_DSP_CRISIL-IBX_50_50_Gilt_Plus_SDL_%E2%80%93_April_2033_Index\" title=\"Should you BUY or HOLD DSP CRISIL-IBX 50:50 Gilt Plus SDL &#8211; April 2033 Index?\">Should you BUY or HOLD DSP CRISIL-IBX 50:50 Gilt Plus SDL &#8211; April 2033 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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-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>\u20b913.0608 as of 17 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9276 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.15%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>25 Jan 2023<\/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>Shantanu Godambe<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Shantanu Godambe.<\/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>-0.97%<\/td>\n<td>-3.66%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>0.60%<\/td>\n<td>-3.71%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>4.87%<\/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>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent numbers show a fund that has held up better than its benchmark over the short run. Over 1 month and 3 months, the scheme stayed close to flat to slightly negative, while the benchmark was weaker, which tells us the fund has been more resilient in the latest stretch.<\/p>\n<p>That said, the longer view is more important here. The 1-year return of 4.87% is still positive, but the 3-year return of 7.23% suggests the fund has compounded at a moderate pace rather than at a high-growth pace. The benchmark\u2019s 3-year return of 5.82% leaves the fund ahead over that period, but the gap is not large enough to change the basic profile: this is a measured, income-oriented path, not a fast-growth one.<\/p>\n<p>The time pattern also looks uneven rather than linear. There were periods of modest pickup and brief pullbacks, which is normal for a gilt-plus-SDL structure, but it also means the fund may not feel smooth in the short term. For investors who want a low-drama straight line, that matters as much as the absolute return.<\/p>\n<p>Compared with the benchmark, the fund has done better in the recent and 1-year windows, and it also remains ahead on the 3-year horizon. We would read that as a sign of reasonable resilience rather than aggressive outperformance.<\/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_DSP_CRISIL-IBX_50_50_Gilt_Plus_SDL_%E2%80%93_April_2033_Index\"><\/span>Should you BUY or HOLD DSP CRISIL-IBX 50:50 Gilt Plus SDL &#8211; April 2033 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 DSP CRISIL-IBX 50:50 Gilt Plus SDL &#8211; April 2033 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\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-index-fund-g-direct-plan\">DSP CRISIL-IBX 50:50 Gilt Plus SDL &#8211; April 2033 Index Fund Direct Growth Plan<\/a><\/td>\n<td>4.87%<\/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 current fund\u2019s 1-year return is much lower than the strongest recent peer returns in this set, but that does not make the comparison apples-to-apples because the peers listed here span different themes and risk drivers. On the 3-year horizon, the fund is ahead of the two peers that show 3-year data within this list, though the margin is modest against ICICI Pru Nifty Pharma Index Fund and much more visible against the benchmark comparison used in the performance section.<\/p>\n<p>The short-term and longer-term views do tell different stories. Recent returns look restrained next to the stronger equity-style peer numbers, while the 3-year figure looks more constructive within the displayed peer list. For us, that reinforces that this scheme behaves more like a measured debt-oriented allocation than a high-octane return seeker.<\/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>7.26% GOI 22082032<\/td>\n<td>Government Securities<\/td>\n<td>35.97%<\/td>\n<\/tr>\n<tr>\n<td>7.26% GOI 06022033<\/td>\n<td>Government Securities<\/td>\n<td>13.06%<\/td>\n<\/tr>\n<tr>\n<td>7.70% Maharashtra SDL 08032033<\/td>\n<td>Government Securities<\/td>\n<td>12.31%<\/td>\n<\/tr>\n<tr>\n<td>7.74% Maharashtra SDL 01032033<\/td>\n<td>Government Securities<\/td>\n<td>10.70%<\/td>\n<\/tr>\n<tr>\n<td>7.64% Maharashtra SDL 25012033<\/td>\n<td>Government Securities<\/td>\n<td>9.20%<\/td>\n<\/tr>\n<tr>\n<td>7.68% Gujarat SDL 15032033<\/td>\n<td>Government Securities<\/td>\n<td>3.79%<\/td>\n<\/tr>\n<tr>\n<td>7.65% Gujarat SDL 01022033<\/td>\n<td>Government Securities<\/td>\n<td>3.68%<\/td>\n<\/tr>\n<tr>\n<td>7.64% Telangana SDL 08022033<\/td>\n<td>Government Securities<\/td>\n<td>2.93%<\/td>\n<\/tr>\n<tr>\n<td>7.60% Karnataka SDL 28122032<\/td>\n<td>Government Securities<\/td>\n<td>2.55%<\/td>\n<\/tr>\n<tr>\n<td>7.48% Karnataka SDL 21022033<\/td>\n<td>Government Securities<\/td>\n<td>2.36%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 7.26% GOI 22082032 at 35.97%, which is large enough to be the main driver of the portfolio\u2019s behaviour. The next few positions are also meaningful, but the weight drops from 35.97% to 13.06% and then into the low double digits, so the fund is clearly not built around evenly sized positions.<\/p>\n<p>The top 10 holdings together account for approximately 96.55% of the portfolio, and the disclosed holdings count is 12. That tells us the portfolio is concentrated in a fairly small set of government and state development loan securities, with only a short tail beyond the listed names.<\/p>\n<p>Because every holding in the table is a sovereign or state-linked security, the portfolio may behave in a more policy-rate-sensitive way than an equity fund, but the concentration in the largest position means individual bond movements could still matter. In our view, the structure looks deliberate and fairly tight rather than diversified across many unrelated issuers.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-index-fund-g-direct-plan\">DSP CRISIL-IBX 50:50 Gilt Plus SDL &#8211; April 2033 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 may suit investors with a conservative-to-moderate risk tolerance who want exposure to government securities and state development loans through an index structure. The Medium Risk tag fits its behaviour better than an ultra-stable fixed-deposit style product, because short-term returns can move around even when the longer trend remains constructive.<\/p>\n<p>The main fit is a medium-to-long horizon, where the 3-year return pattern has more room to matter than the softer 1-month and 3-month numbers. The trade-off is clear: you may get a relatively disciplined debt-oriented portfolio, but you should not expect equity-style growth or uninterrupted monthly gains.<\/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>No exit load applies if units are sold anytime.<\/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<p><strong>What is the current NAV of DSP CRISIL-IBX 50:50 Gilt Plus SDL &#8211; April 2033 Index Fund Direct Growth Plan?<\/strong><br \/>Its current NAV is \u20b913.0608 as of 17 September 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The fund\u2019s 1-year return is 4.87% and its 3-year return is 7.23%. The 5-year return is Data not available.<\/p>\n<p><strong>How has the fund performed versus the benchmark?<\/strong><br \/>The fund has done better than the benchmark in the 1-month, 3-month, 1-year and 3-year windows. The benchmark comparison available here is Nifty 50.<\/p>\n<p><strong>How does it compare with the peer funds listed here?<\/strong><br \/>Its 1-year return is below the strongest peer figures shown, while its 3-year return is ahead of the peer funds in this set that have 3-year data available. The peer group spans different themes, so the numbers should be read as a comparative snapshot rather than a like-for-like league table.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b9100.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>Shantanu Godambe manages the fund. There is no exit load if units are sold anytime.<\/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 the benchmark but still modest, while the 3-year figure gives a more constructive picture of gradual compounding. Against the peer set shown here, the short-term return looks muted, but the 3-year number is more competitive where such data is available. The portfolio is heavily tilted toward government securities and SDLs, with one large holding carrying significant weight. That makes it a measured, rate-sensitive option for investors who are comfortable with a medium-risk debt-oriented profile.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 18 September 2026 at 10:32 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\":\"DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund Direct Growth Plan\",\"identifier\":\"dsp-crisil-ibx-50-50-gilt-plus-sdl-april-2033-index-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"25 Jan 2023\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":13.0608,\"valueReference\":\"as of 17 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"276 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.15\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":4.87},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.23},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Shantanu Godambe\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its current NAV is \u20b913.0608 as of 17 September 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 4.87% and its 3-year return is 7.23%. The 5-year return is Data not available.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed versus the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund has done better than the benchmark in the 1-month, 3-month, 1-year and 3-year windows. The benchmark comparison available here is Nifty 50.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is below the strongest peer figures shown, while its 3-year return is ahead of the peer funds in this set that have 3-year data available. The peer group spans different themes, so the numbers should be read as a comparative snapshot rather than a like-for-like league table.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Shantanu Godambe manages the fund. There is no exit load if units are sold anytime.\"}}]}<\/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>DSP CRISIL-IBX 50:50 Gilt Plus SDL &#8211; April 2033 Index Fund Direct Growth Plan has an NAV of \u20b913.0608, AUM of \u20b9276 Cr and 1Y\/3Y returns of 4.87%\/7.23% as of 17 Sep 2026.<\/p>\n","protected":false},"author":38,"featured_media":255503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-255508","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["255503"],"rank_math_title":["DSP Gilt Plus SDL Direct Growth Review 2026"],"rank_math_description":["DSP CRISIL-IBX 50:50 Gilt Plus SDL Direct Growth Plan review: NAV \u20b913.0608, 1Y return 4.87%, 3Y return 7.23%."],"rank_math_focus_keyword":["DSP CRISIL-IBX 50:50 Gilt Plus SDL - April 2033 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\/DSP_CRISIL_IBX_5050_Gilt_Plus_SDL_April_2033_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\/255508","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=255508"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/255508\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/255503"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=255508"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=255508"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=255508"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}