2026 Index Fund
An open-ended Target Maturity Index Fund replicating/tracking the NIFTY SDL December 2026 index. A relatively High Interest Rate Risk and Relatively Low Credit Risk
2026 Index Fund
An open-ended Target Maturity Index Fund replicating/tracking the NIFTY SDL December 2026 index. A relatively High Interest Rate Risk and Relatively Low Credit Risk
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty SDL December 2026 Index before expenses, subject to tracking errors, fees and expenses. However, there is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
NAV Details ( As On February 28, 2023 )| Regular Plan - Growth Option | : ₹ 9.99 |
| Regular Plan - IDCW Option | : ₹ 9.99 |
| Direct Plan - Growth Option | : ₹ 9.99 |
| Direct Plan - IDCW Option | : ₹ 9.90 |
Benchmark Index (Tier 1)NIFTY SDL December 2026 Index
Date of AllotmentJanuary 25, 2023
Fund Manager | Fund Manager | Managing fund since | Experience |
| Mayank Prakash | 25-Jan-23 | 15 years |
Load Structure
Entry Load
Exit Load: Nil
For detailed load structure please refer Scheme Information Document of the scheme.
Minimum Application Amount:
₹ 5,000 and in multiples of ₹ 1 thereafter.
Minimum Additional Application Amount:
₹ 1,000 and in multiples of ₹ 1 thereafter.
Minimum Application Amount:
(i) Daily, Weekly, Monthly SIP: ₹ 500/- and in multiples of
₹ 1/- thereafter;
(ii) Quarterly SIP: ₹ 1500/- and in multiples of ₹ 1/- thereafter.
There is no upper limit
Frequency Available:Daily, Weekly, Monthly and Quarterly
| Monthly AAUM## As On February 28, 2023 | : ₹ 141.66 Crores |
| AUM## As On February 28, 2023 | : ₹ 162.60 Crores |
## excluding inter-scheme Investments, if any, by other schemes of BNP Paribas Mutual Fund, as may be applicable
| FIXED INCOME HOLDINGS | Rating | % of Net Assets |
| Government Securities | 96.34% | |
| ✔ Gujarat 7.57% 09.11.2026 SDL | SOVEREIGN | 33.78% |
| ✔ Haryana 7.28% 28.12.2026 SDL | SOVEREIGN | 21.30% |
| ✔ Maharashtra 7.25% 28.12.2026 SDL | SOVEREIGN | 15.21% |
| ✔ Bihar 7.1% 14.12.2026 SDL | SOVEREIGN | 6.06% |
| ✔ TAMILNADU 7.07% 14.12.2026 SDL | SOVEREIGN | 6.05% |
| ✔ Karnataka 7.08% 14.12.2026 SDL | SOVEREIGN | 4.84% |
| ✔ Kerala 7.29% 28.12.2026 SDL | SOVEREIGN | 3.04% |
| ✔ Gujarat 7.24% 28.12.2026 SDL | SOVEREIGN | 3.04% |
| ✔ W Bengal 7.1% 14.12.2026 SDL | SOVEREIGN | 3.02% |
| Money Market Instruments | 2.96% | |
| TREPS/Reverse Repo | 2.96% | |
| Total Fixed Income Holdings | 99.30% | |
| Net Receivables / (Payables) | 0.70% | |
| GRAND TOTAL | 100.00% |
Investment in Top 10 scrips constitutes 96.34% of the portfolio
The scheme currently does not have Distribution History.
| TER - Distributor Plan (%) | 0.45 |
| TER - Direct Plan (%) | 0.15 |
| Average Maturity (years) | 3.64 |
| Modified Duration (years) | 3.07 |
| YTM (%) | 7.69 |
| Macaulay Duration† (years) | 3.18 |
* The information contained in this report has been obtained from sources considered to be authentic and reliable. The quantitative data does not
purport to be an offer for purchase and sale of mutual fund units.
†Concept of Macaulay duration: The Macaulay Duration is a measure of a bond’s sensitivity to interest rate changes. It is expressed in annual terms. It is the weighted average
term to maturity of the cash flows from a bond. The weight of each cash flow is determined by dividing the present value of the cash flow by the price. Factors like a bond’s price,
maturity, coupon, yield to maturity among others impact the calculation of Macaulay duration.
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.