Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund vs Nippon India Fixed Maturity Plan - XLIII - Series 5
Direct Plan, Growth option · Data as on 30-10-2026
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund is an Index fund and Nippon India Fixed Maturity Plan - XLIII - Series 5 is a mutual fund. In the 3 years to 30-10-2026, Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct) returned 7.4% a year and Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct) returned 7.6% a year. Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund charges 0.19% a year and Nippon India Fixed Maturity Plan - XLIII - Series 5 0.15% (Direct plans). Their portfolios overlap 32.4%: they hold 4 of the same securities.
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund
Index
- 3 year return
- 7.4%
- Expense ratio
- 0.19%
- NAV
- ₹12.97
Nippon India Fixed Maturity Plan - XLIII - Series 5
- 3 year return
- 7.6%
- Expense ratio
- 0.15%
- NAV
- ₹13.57
Which is better, Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index or Nippon India Fixed Maturity Plan - XLIII - Series 5? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Fixed Maturity Plan - XLIII - Series 5 returned more over 3 years: 7.6% a year against 7.4%.
- Nippon India Fixed Maturity Plan - XLIII - Series 5 returned more over 1 year: 4.6% against 4.5%.
- Nippon India Fixed Maturity Plan - XLIII - Series 5 costs less: 0.15% a year against 0.19% (Direct plans).
- Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index swung less over 3 years: a standard deviation of 1.0% a year against 1.3%.
- Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index fell less in its worst fall since 27-01-2023: −0.8% against −0.9%.
- Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index is the larger fund: ₹337 Cr against ₹191 Cr.
- Their portfolios overlap 32.4%: 4 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund | Nippon India Fixed Maturity Plan - XLIII - Series 5 |
|---|---|---|
| Fund house | Axis Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹337 Cr (30-09-2026) | ₹191 Cr (30-09-2026) |
| NAV | ₹12.97 (Direct) | ₹13.57 (Direct) |
| Expense ratio (Direct) | 0.19% | 0.15% |
| Expense ratio (Regular) | 0.36% | 0.35% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | CRISIL IBX 50:50 Gilt Plus SDL Index - June 2028 | Not available |
| Launch date | 24-01-2023 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Hardik Shah | Not available |
| Exit load | Nil | Not available |
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index vs Nippon India Fixed Maturity Plan - XLIII - Series 5: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct) | −0.04% | +0.54% | +2.44% | +4.55% | +7.42% | -- | -- |
| Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct) | −0.12% | +0.53% | +2.54% | +4.62% | +7.62% | -- | -- |
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index vs Nippon India Fixed Maturity Plan - XLIII - Series 5: Year-wise Returns
| Year | Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 IndexAxis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index | Nippon India Fixed Maturity Plan - XLIII - Series 5Nippon India Fixed Maturity Plan - XLIII - Series 5 |
|---|---|---|
| 2026to date | +3.45% | +3.50% |
| 2025 | +8.47% | +8.60% |
| 2024 | +8.29% | +8.75% |
| 2023 | -- | +7.92% |
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index vs Nippon India Fixed Maturity Plan - XLIII - Series 5: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 186 of them, one for each trading day from 27-01-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct)
Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct)
to
Feb 2026Apr 2023
to
Apr 2026May 2023
to
May 2026Jul 2023
to
Jul 2026Aug 2023
to
Aug 2026Oct 2023
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.6% | 7.5% | 7.0% | 8.2% |
| Nippon India Fixed Maturity Plan - XLIII - Series 5 | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.8% | 7.7% | 7.2% | 8.5% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 27-01-2023. Past returns do not promise future returns.
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index vs Nippon India Fixed Maturity Plan - XLIII - Series 5: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 27-01-2023 to 30-10-2026: 46 instalments, ₹4,60,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 IndexAxis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct) | ₹4,60,000 | ₹5,22,793 | ₹62,793 | 6.6% |
| Nippon India Fixed Maturity Plan - XLIII - Series 5Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct) | ₹4,60,000 | ₹5,24,640 | ₹64,640 | 6.8% |
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 IndexAxis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct)
Nippon India Fixed Maturity Plan - XLIII - Series 5Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index vs Nippon India Fixed Maturity Plan - XLIII - Series 5: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct) | Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct) |
|---|---|---|
| Return (CAGR) | +4.55% | +4.62% |
| Standard deviation | 1.06% | 1.20% |
| Sharpe ratio | -0.66 | -0.52 |
| Sortino ratio | -0.84 | -0.66 |
| Maximum drawdown | −0.8% (02-04-2026) | −0.9% (02-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct) | Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct) |
|---|---|---|
| Return (CAGR) | +7.42% | +7.62% |
| Standard deviation | 1.04% | 1.27% |
| Sharpe ratio | 1.34 | 1.26 |
| Sortino ratio | 2.04 | 1.87 |
| Maximum drawdown | −0.8% (02-04-2026) | −0.9% (29-08-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct) | Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct) |
|---|---|---|
| Return (CAGR) | +7.19% | +6.83% |
| Standard deviation | 1.14% | 1.88% |
| Sharpe ratio | 0.90 | 0.45 |
| Sortino ratio | 1.37 | 0.61 |
| Maximum drawdown | −0.8% (02-04-2026) | −2.6% (13-06-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 27-01-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct)
Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct) | −0.8% | 10-03-2026 | 02-04-2026 | 16-04-2026 | 14 days | −0.2% |
| Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct) | −0.9% | 04-08-2025 | 29-08-2025 | 24-09-2025 | 26 days | −0.4% |
From daily values since 27-01-2023, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct)
Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (Direct)
Nippon India Fixed Maturity Plan - XLIII - Series 5 (Direct)
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index vs Nippon India Fixed Maturity Plan - XLIII - Series 5: Portfolio Overlap
From each fund's latest monthly portfolio: Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund, September 2026; Nippon India Fixed Maturity Plan - XLIII - Series 5, September 2026
Holdings in common
- Overlap
- 32.4%
- Held by both
- 4
- Only in Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index
- 5
- Only in Nippon India Fixed Maturity Plan - XLIII - Series 5
- 34
| Security | % of Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index | % of Nippon India Fixed Maturity Plan - XLIII - Series 5 |
|---|---|---|
| 8.05% Tamilnadu State Development Loans (18/04/2028) | 31.66% | 41.16% |
| 8.15% Tamil Nadu State Development Loans (09/05/2028) | 1.09% | 0.64% |
| 8.16% Rajasthan State Development Loans (09/05/2028) | 1.51% | 0.05% |
| 8.09% West Bengal State Development Loans (27/03/2028) | 13.84% | 0.01% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 32.4% means 32.4% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund
| Security | % of fund |
|---|---|
| 7.06% Government of India (10/04/2028) | 35.62% |
| 7.18% Gujarat State Development Loans (07/06/2028) | 8.93% |
| 8.44% Rajasthan State Development Loans (07/03/2028) | 1.51% |
| 8% Kerala State Development Loans (11/04/2028) | 1.50% |
| 6.73% Kerala State Development Loans (10/06/2028) | 0.59% |
Largest holdings only in Nippon India Fixed Maturity Plan - XLIII - Series 5
| Security | % of fund |
|---|---|
| 6.99% State Government Securities | 32.73% |
| 8.39% State Government Securities | 4.03% |
| GOI STRIPS (MD16/06/2028) | 2.57% |
| 8.57% State Government Securities | 2.47% |
| GOI Strips (MD 12/06/2028 ) | 2.42% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index | Nippon India Fixed Maturity Plan - XLIII - Series 5 |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.3% | 97.3% |
| Cash and others | 3.7% | 2.7% |
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index vs Nippon India Fixed Maturity Plan - XLIII - Series 5: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund | Nippon India Fixed Maturity Plan - XLIII - Series 5 |
|---|---|---|
| Total expense ratio (Direct) | 0.19% | 0.15% |
| Base expense ratio (Direct) | 0.15% | 0.13% |
| Total expense ratio (Regular) | 0.36% | 0.35% |
| Base expense ratio (Regular) | 0.30% | 0.30% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund vs Nippon India Fixed Maturity Plan - XLIII - Series 5: Frequently Asked Questions
What is the difference between Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund and Nippon India Fixed Maturity Plan - XLIII - Series 5?
Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund is an Index fund, Nippon India Fixed Maturity Plan - XLIII - Series 5 is a mutual fund, run by Axis Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 32.4%. Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund charges 0.19% a year and Nippon India Fixed Maturity Plan - XLIII - Series 5 0.15%.
Which has given higher returns, Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund or Nippon India Fixed Maturity Plan - XLIII - Series 5?
Over 1 year: Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund +4.55%, Nippon India Fixed Maturity Plan - XLIII - Series 5 +4.62%. Over 3 years: Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund +7.42% a year, Nippon India Fixed Maturity Plan - XLIII - Series 5 +7.62% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund or Nippon India Fixed Maturity Plan - XLIII - Series 5?
Nippon India Fixed Maturity Plan - XLIII - Series 5 charges less: 0.15% a year against 0.19%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund and Nippon India Fixed Maturity Plan - XLIII - Series 5 overlap?
32.4%. They hold 4 of the same securities, the largest shared ones being 8.05% Tamilnadu State Development Loans (18/04/2028), 8.15% Tamil Nadu State Development Loans (09/05/2028), 8.16% Rajasthan State Development Loans (09/05/2028). From each fund's latest monthly portfolio.
Which is better for SIP, Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund or Nippon India Fixed Maturity Plan - XLIII - Series 5?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,08,333 in Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund (XIRR 6.4% a year) and ₹4,09,196 in Nippon India Fixed Maturity Plan - XLIII - Series 5 (XIRR 6.5% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Axis CRISIL IBX 50:50 Gilt Plus SDL June 2028 Index Fund and Nippon India Fixed Maturity Plan - XLIII - Series 5?
Yes. 32.4% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.