Bandhan CRISIL IBX Gilt April 2028 Index Fund vs Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan CRISIL IBX Gilt April 2028 Index Fund is an Index fund and Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund is a mutual fund. In the 3 years to 30-10-2026, Bandhan CRISIL IBX Gilt April 2028 Index Fund (Direct) returned 7.4% a year and Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (Direct) returned 7.3% a year. Bandhan CRISIL IBX Gilt April 2028 Index Fund charges 0.20% a year and Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund 0.20% (Direct plans). Their portfolios overlap 12.6%: they hold 2 of the same securities.
Bandhan CRISIL IBX Gilt April 2028 Index Fund
Index
- 3 year return
- 7.4%
- Expense ratio
- 0.20%
- NAV
- ₹14.01
Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund
- 3 year return
- 7.3%
- Expense ratio
- 0.20%
- NAV
- ₹13.03
Which is better, Bandhan CRISIL IBX Gilt April 2028 Index or Nippon India Nifty G-Sec Sep 2027 Maturity Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Bandhan CRISIL IBX Gilt April 2028 Index returned more over 3 years: 7.4% a year against 7.3%.
- Nippon India Nifty G-Sec Sep 2027 Maturity Index returned more over 1 year: 5.0% against 4.6%.
- Nippon India Nifty G-Sec Sep 2027 Maturity Index swung less over 3 years: a standard deviation of 0.8% a year against 1.0%.
- Nippon India Nifty G-Sec Sep 2027 Maturity Index fell less in its worst fall since 07-12-2022: −0.6% against −0.7%.
- Bandhan CRISIL IBX Gilt April 2028 Index is the larger fund: ₹3,367 Cr against ₹353 Cr.
- Their portfolios overlap 12.6%: 2 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 | Bandhan CRISIL IBX Gilt April 2028 Index Fund | Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹3,367 Cr (30-09-2026) | ₹353 Cr (30-09-2026) |
| NAV | ₹14.01 (Direct) | ₹13.03 (Direct) |
| Expense ratio (Direct) | 0.20% | 0.20% |
| Expense ratio (Regular) | 0.45% | 0.40% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | CRISIL-IBX Gilt Index - April 2028 | Not available |
| Launch date | 23-03-2021 | Not available |
| Minimum investment | ₹1,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Harshal Joshi, Gautam Kaul | Not available |
| Exit load | Nil | Not available |
Bandhan CRISIL IBX Gilt April 2028 Index vs Nippon India Nifty G-Sec Sep 2027 Maturity Index: 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 |
|---|---|---|---|---|---|---|---|
| Bandhan CRISIL IBX Gilt April 2028 Index Fund (Direct) | −0.08% | +0.55% | +2.15% | +4.63% | +7.36% | +6.08% | -- |
| Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (Direct) | +0.15% | +0.82% | +2.41% | +4.95% | +7.31% | -- | -- |
Bandhan CRISIL IBX Gilt April 2028 Index vs Nippon India Nifty G-Sec Sep 2027 Maturity Index: Year-wise Returns
| Year | Bandhan CRISIL IBX Gilt April 2028Bandhan CRISIL IBX Gilt April 2028 Index | Nippon India Nifty G-Sec Sep 2027 MaturityNippon India Nifty G-Sec Sep 2027 Maturity Index |
|---|---|---|
| 2026to date | +3.68% | +3.95% |
| 2025 | +8.22% | +8.05% |
| 2024 | +8.03% | +7.85% |
| 2023 | +7.76% | +7.56% |
| 2022 | +2.24% | -- |
Bandhan CRISIL IBX Gilt April 2028 Index vs Nippon India Nifty G-Sec Sep 2027 Maturity Index: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 219 of them, one for each trading day from 08-12-2025 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.
Bandhan CRISIL IBX Gilt April 2028 Index Fund (Direct)
Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (Direct)
to
Jan 2026Feb 2023
to
Feb 2026Apr 2023
to
Apr 2026Jun 2023
to
Jun 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Bandhan CRISIL IBX Gilt April 2028 Index | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.6% | 7.5% | 7.1% | 8.3% |
| Nippon India Nifty G-Sec Sep 2027 Maturity Index | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.4% | 7.0% | 8.0% |
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 07-12-2022. Past returns do not promise future returns.
Bandhan CRISIL IBX Gilt April 2028 Index vs Nippon India Nifty G-Sec Sep 2027 Maturity Index: 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 01-12-2022 to 30-10-2026: 47 instalments, ₹4,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Bandhan CRISIL IBX Gilt April 2028 IndexBandhan CRISIL IBX Gilt April 2028 Index Fund (Direct) | ₹4,70,000 | ₹5,35,578 | ₹65,578 | 6.6% |
| Nippon India Nifty G-Sec Sep 2027 Maturity IndexNippon India Nifty G-Sec Sep 2027 Maturity Index Fund (Direct) | ₹4,70,000 | ₹5,35,964 | ₹65,964 | 6.7% |
Bandhan CRISIL IBX Gilt April 2028 IndexBandhan CRISIL IBX Gilt April 2028 Index Fund (Direct)
Nippon India Nifty G-Sec Sep 2027 Maturity IndexNippon India Nifty G-Sec Sep 2027 Maturity Index Fund (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.
Bandhan CRISIL IBX Gilt April 2028 Index vs Nippon India Nifty G-Sec Sep 2027 Maturity Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan CRISIL IBX Gilt April 2028 Index Fund (Direct) | Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.63% | +4.95% |
| Standard deviation | 0.98% | 0.79% |
| Sharpe ratio | -0.63 | -0.37 |
| Sortino ratio | -0.88 | -0.52 |
| Maximum drawdown | −0.6% (02-04-2026) | −0.3% (21-05-2026) |
| 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 | Bandhan CRISIL IBX Gilt April 2028 Index Fund (Direct) | Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.36% | +7.31% |
| Standard deviation | 0.96% | 0.84% |
| Sharpe ratio | 1.40 | 1.53 |
| Sortino ratio | 2.20 | 2.44 |
| Maximum drawdown | −0.6% (02-04-2026) | −0.3% (21-05-2026) |
| 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 | Bandhan CRISIL IBX Gilt April 2028 Index Fund (Direct) | Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.18% | +7.08% |
| Standard deviation | 1.72% | 1.08% |
| Sharpe ratio | 0.38 | 0.83 |
| Sortino ratio | 0.53 | 1.26 |
| Maximum drawdown | −2.9% (09-05-2022) | −0.6% (27-02-2023) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 24-03-2021 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.
Bandhan CRISIL IBX Gilt April 2028 Index Fund (Direct)
Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan CRISIL IBX Gilt April 2028 Index Fund (Direct) | −0.7% | 03-02-2023 | 27-02-2023 | 13-03-2023 | 14 days | −0.2% |
| Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (Direct) | −0.6% | 03-02-2023 | 27-02-2023 | 13-03-2023 | 14 days | −0.0% |
From daily values since 07-12-2022, 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.
Bandhan CRISIL IBX Gilt April 2028 Index Fund (Direct)
Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (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.
Bandhan CRISIL IBX Gilt April 2028 Index Fund (Direct)
Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (Direct)
Bandhan CRISIL IBX Gilt April 2028 Index vs Nippon India Nifty G-Sec Sep 2027 Maturity Index: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan CRISIL IBX Gilt April 2028 Index Fund, September 2026; Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund, September 2026
Holdings in common
- Overlap
- 12.6%
- Held by both
- 2
- Only in Bandhan CRISIL IBX Gilt April 2028 Index
- 2
- Only in Nippon India Nifty G-Sec Sep 2027 Maturity Index
- 1
| Security | % of Bandhan CRISIL IBX Gilt April 2028 Index | % of Nippon India Nifty G-Sec Sep 2027 Maturity Index |
|---|---|---|
| 8.28% GOI (M/D 21/09/2027) | 24.51% | 12.51% |
| 7.38% GOI (MD 20/06/2027) | 0.11% | 79.17% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 12.6% means 12.6% 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 Bandhan CRISIL IBX Gilt April 2028 Index Fund
| Security | % of fund |
|---|---|
| 7.17% GOI (MD 08/01/2028) | 58.36% |
| 6.64% GOI (MD 09/12/2027) | 14.92% |
Largest holdings only in Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund
| Security | % of fund |
|---|---|
| 6.79% Government of India | 5.40% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan CRISIL IBX Gilt April 2028 Index | Nippon India Nifty G-Sec Sep 2027 Maturity Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 97.9% | 97.1% |
| Cash and others | 2.1% | 2.9% |
Bandhan CRISIL IBX Gilt April 2028 Index vs Nippon India Nifty G-Sec Sep 2027 Maturity Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan CRISIL IBX Gilt April 2028 Index Fund | Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.20% | 0.20% |
| Base expense ratio (Direct) | 0.17% | 0.17% |
| Total expense ratio (Regular) | 0.45% | 0.40% |
| Base expense ratio (Regular) | 0.38% | 0.34% |
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.
Bandhan CRISIL IBX Gilt April 2028 Index Fund vs Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund: Frequently Asked Questions
What is the difference between Bandhan CRISIL IBX Gilt April 2028 Index Fund and Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund?
Bandhan CRISIL IBX Gilt April 2028 Index Fund is an Index fund, Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund is a mutual fund, run by Bandhan Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 12.6%. Bandhan CRISIL IBX Gilt April 2028 Index Fund charges 0.20% a year and Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund 0.20%.
Which has given higher returns, Bandhan CRISIL IBX Gilt April 2028 Index Fund or Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund?
Over 1 year: Bandhan CRISIL IBX Gilt April 2028 Index Fund +4.63%, Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund +4.95%. Over 3 years: Bandhan CRISIL IBX Gilt April 2028 Index Fund +7.36% a year, Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund +7.31% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Bandhan CRISIL IBX Gilt April 2028 Index Fund or Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund?
Both charge 0.20% a year.
How much do Bandhan CRISIL IBX Gilt April 2028 Index Fund and Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund overlap?
12.6%. They hold 2 of the same securities, the largest shared ones being 8.28% GOI (M/D 21/09/2027), 7.38% GOI (MD 20/06/2027). From each fund's latest monthly portfolio.
Which is better for SIP, Bandhan CRISIL IBX Gilt April 2028 Index Fund or Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,08,141 in Bandhan CRISIL IBX Gilt April 2028 Index Fund (XIRR 6.3% a year) and ₹4,08,677 in Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund (XIRR 6.4% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Bandhan CRISIL IBX Gilt April 2028 Index Fund and Nippon India Nifty G-Sec Sep 2027 Maturity Index Fund?
Yes. 12.6% 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.