Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund Direct Growth Plan has an NAV of ₹13.2574 as of 16 Sep 2026 and an AUM of ₹93 Cr. Its 1-year, 3-year and 5-year returns are 5.77%, 7.33% and 0%, and the fund sits in the Balanced Risk category.

Our view is that this is best read as a duration-aware debt index fund rather than a high-velocity return seeker. The portfolio is built almost entirely from government securities maturing around June 2027, so the return path is likely to reflect bond-price movement, carry and the approach of maturity rather than equity-style growth.

Quick facts

Particular	Details
NAV	₹13.2574 as of 16 Sep 2026
AUM	₹93 Cr
Expense Ratio	0.2%
Launch Date	18 Oct 2022
Min SIP	₹100
Risk Category	Balanced Risk
Benchmark	Nifty 50
Fund Category	Index Funds
Exit Load	0.10% on or before 30D, Nil after 30D
Fund Managers	Dhawal Dalal, Hetul Raval

The fund is managed by Dhawal Dalal and Hetul Raval.

Source data date: as of 16 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	0.33%	-4.41%
3M	1.32%	-3.6%
1Y	5.77%	-7.76%
3Y	7.33%	5.74%
5Y	Data not available	Data not available

The short-term pattern has been firmer than the benchmark. Over 1 month and 3 months, the fund stayed positive while the benchmark was negative, which suggests the portfolio has been less exposed to the swings that hit the reference index in the recent period.

That relative edge continues at 1 year, where the fund’s return is positive and the benchmark’s is negative. This is useful context for a debt strategy because the question is less about explosive upside and more about whether the structure has preserved value while still compounding.

The 3-year figure is the more important read-through for us. The fund has compounded at 7.33% over 3 years, ahead of the benchmark’s 5.74%, which indicates the structure has been able to deliver a steadier cumulative result through a longer holding period.

The 5-year slot is not available because the fund has not been running that long. That makes the 3-year trend the best guide to the fund’s longer-running behaviour, and it remains more useful than the weaker one-year benchmark picture for judging the strategy.

Source data date: as of 16 Sep 2026

Should you BUY or HOLD Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

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.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund Direct Growth Plan	5.77%	7.33%	Data not available
ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan	29.31%	30.01%	Data not available
Tata Nifty Capital Markets Index Fund Direct Growth Plan	21.45%	Data not available	Data not available
Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan	21.13%	Data not available	Data not available
Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan	20.68%	Data not available	Data not available
ICICI Pru Nifty Pharma Index Fund Direct Growth Plan	17.57%	18.84%	Data not available

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

The current fund’s near-term returns lag the most aggressive peer figures in the table, but that is not unusual when comparing a debt-oriented index fund with equity-heavy or sector-focused funds. The more relevant point is that its 3-year result is steady and positive, while several peers only have 1-year figures and show much sharper return swings.

Among peers with a 3-year figure, the current fund sits below ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan and ICICI Pru Nifty Pharma Index Fund Direct Growth Plan, but it is ahead of the benchmark-style debt profile implied by the fund’s own structure. For us, the peer table tells two different stories: equity-tilted peers can produce much higher returns, while this fund is built for a more measured path.

Source data date: as of 16 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
7.38% Govt of India Red 20-06-2027	Government Securities	51.24%
7.16% Tamilnadu SDL Red 11-01-2027	Government Securities	16.05%
7.71% Gujarat SDL Red 01-03-2027	Government Securities	10.75%
7.51% Maharashtra SDL Red 24-05-2027	Government Securities	5.39%
7.52% Tamil Nadu SDL Red 24-05-2027	Government Securities	5.39%
7.52% Uttar Pradesh SDL 24-05-2027	Government Securities	5.38%
7.67% Uttar Pradesh SDL 12-04-2027	Government Securities	2.15%
Clearing Corporation of India Ltd.	Cash & Cash Equivalents and Net Assets	1.95%
Accrued Interest	Cash & Cash Equivalents and Net Assets	1.69%

The largest holding is 7.38% Govt of India Red 20-06-2027 at 51.24%, so one security clearly anchors the portfolio. The next few positions are much smaller, with the second and third holdings at 16.05% and 10.75%, which shows a steep drop from the largest position into the rest of the basket.

By the time we reach the lower rows, each holding is close to the mid-single digits or below, and the last two disclosed positions are cash and accrued interest. That pattern suggests the fund is not spread evenly across many unrelated bets; instead, a small set of near-dated sovereign and state securities carries most of the exposure.

The top disclosed holdings account for 99.99% of the portfolio across 9 disclosed rows, so the visible structure is highly concentrated. In our view, that concentration may matter because changes in a few bond prices can influence the fund more than in a widely diversified portfolio.

Source data date: as of 16 Sep 2026

Who should invest

This fund may suit investors who are comfortable with a balanced-risk debt allocation and who can hold through short-term price movement. The return profile has been steadier than the benchmark across the recent 1-month, 3-month and 1-year windows, while the 3-year outcome remains positive.

The main trade-off is that the structure is not built for equity-like upside. Investors who want a more measured path, a defined-duration style exposure and a portfolio concentrated in government securities may find the setup easier to understand than an open-ended multi-asset strategy.

A longer horizon is more relevant than a short trading view, because the fund’s characteristics are tied to bond pricing and the passage of time rather than quick market bets.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: 0.10% on or before 30 days, and nil after 30 days.

Source data date: as of 16 Sep 2026

Frequently asked questions

What is the current NAV of Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund Direct Growth Plan?
Its NAV is ₹13.2574 as of 16 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
Its 1-year, 3-year and 5-year returns are 5.77%, 7.33% and 0%.

How has the fund performed versus the benchmark?
The fund has stayed ahead of the benchmark across the available periods. The benchmark shows -7.76% for 1 year and 5.74% for 3 years, while the fund shows 5.77% and 7.33% for the same periods.

What is the risk category of this fund?
The fund is marked as Balanced Risk. Its portfolio is dominated by government securities and cash equivalents, which helps explain why the pattern is steadier than an equity fund but still tied to bond-price movements.

Who manages this fund?
The fund is managed by Dhawal Dalal and Hetul Raval.

What is the exit load and tax treatment?
The exit load is 0.10% on or before 30 days and nil after 30 days. Short-term capital gains are taxed at 20% for units held less than 1 year, while long-term capital gains are taxed at 12.5% for units held more than 1 year.

Bottom line

This fund’s recent behaviour is steadier than the benchmark, and its 3-year result is more informative than the short 5-year slot, which is not available because the scheme is younger. Compared with the listed peers, its return profile is more subdued, but that reflects a very different debt-oriented structure. The Balanced Risk tag fits a portfolio concentrated in near-dated government securities and cash, so the fund may appeal to investors who value a measured, bond-linked path over faster but more volatile return patterns.

Published on 17 September 2026 at 5:40 PM IST

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RIA disclosure

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.