Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND vs SBI Nifty G-Sec Jul 2031 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND is an Index fund and SBI Nifty G-Sec Jul 2031 Index Fund is a mutual fund. Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND charges 0.20% a year and SBI Nifty G-Sec Jul 2031 Index Fund 0.20% (Direct plans). Their portfolios overlap 28.0%: they hold 2 of the same securities.
Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND
Index
- Expense ratio
- 0.20%
- NAV
- ₹12.92
SBI Nifty G-Sec Jul 2031 Index Fund
- Expense ratio
- 0.20%
- NAV
- ₹10.12
Which is better, Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND or SBI Nifty G-Sec Jul 2031 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- SBI Nifty G-Sec Jul 2031 Index fell less in its worst fall since 01-06-2026: −2.6% against −2.8%.
- Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND is the larger fund: ₹408 Cr against ₹20 Cr.
- Their portfolios overlap 28.0%: 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 2032 INDEX FUND | SBI Nifty G-Sec Jul 2031 Index Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | SBI Mutual Fund |
| Category | Index | Not available |
| AUM | ₹408 Cr (30-09-2026) | ₹20 Cr (30-09-2026) |
| NAV | ₹12.92 (Direct) | ₹10.12 (Direct) |
| Expense ratio (Direct) | 0.20% | 0.20% |
| Expense ratio (Regular) | 0.46% | 0.40% |
| Riskometer | Moderate | Not available |
| Benchmark | CRISIL IBX Gilt Index - April 2032 | Not available |
| Launch date | 15-02-2023 | 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 2032 INDEX FUND vs SBI Nifty G-Sec Jul 2031 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 2032 INDEX FUND (Direct) | −0.81% | −1.87% | +1.56% | +2.53% | +7.24% | -- | -- |
| SBI Nifty G-Sec Jul 2031 Index Fund (Direct) | −1.02% | −1.81% | -- | -- | -- | -- | -- |
Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND vs SBI Nifty G-Sec Jul 2031 Index: Year-wise Returns
| Year | Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUNDBandhan CRISIL IBX GILT APRIL 2032 INDEX FUND | SBI Nifty G-Sec Jul 2031 IndexSBI Nifty G-Sec Jul 2031 Index |
|---|---|---|
| 2026to date | +1.99% | -- |
| 2025 | +7.94% | -- |
| 2024 | +9.39% | -- |
Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND vs SBI Nifty G-Sec Jul 2031 Index: Rolling Returns
Every holding period of both funds
Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND vs SBI Nifty G-Sec Jul 2031 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 2032 INDEX FUND (Direct) | SBI Nifty G-Sec Jul 2031 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.16% | +2.45% |
| Standard deviation | 2.22% | 2.67% |
| Sharpe ratio | 0.45 | -1.06 |
| Sortino ratio | 0.64 | -1.39 |
| Maximum drawdown | −2.8% (26-10-2026) | −2.6% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 16-02-2023 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.
Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND (Direct)
SBI Nifty G-Sec Jul 2031 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 2032 INDEX FUND (Direct) | −2.8% | 06-08-2026 | 26-10-2026 | Not yet | -- | −2.5% |
| SBI Nifty G-Sec Jul 2031 Index Fund (Direct) | −2.6% | 06-08-2026 | 23-10-2026 | Not yet | -- | −2.3% |
From daily values since 01-06-2026, the first day every fund has.
Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND vs SBI Nifty G-Sec Jul 2031 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND, September 2026; SBI Nifty G-Sec Jul 2031 Index Fund, September 2026
Holdings in common
- Overlap
- 28.0%
- Held by both
- 2
- Only in Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND
- 1
- Only in SBI Nifty G-Sec Jul 2031 Index
- 0
| Security | % of Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND | % of SBI Nifty G-Sec Jul 2031 Index |
|---|---|---|
| 7.02% GOI (MD 18/06/2031) | 14.77% | 17.66% |
| 6.1% GOI (MD 12/07/2031) | 13.23% | 76.50% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 28.0% means 28.0% 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 2032 INDEX FUND
| Security | % of fund |
|---|---|
| 6.54% GOI (MD 17/01/2032) | 68.51% |
Largest holdings only in SBI Nifty G-Sec Jul 2031 Index Fund
Every holding of this fund is also held by the other.
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND | SBI Nifty G-Sec Jul 2031 Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.5% | 94.2% |
| Cash and others | 3.5% | 5.8% |
Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND vs SBI Nifty G-Sec Jul 2031 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND | SBI Nifty G-Sec Jul 2031 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.20% | 0.20% |
| Base expense ratio (Direct) | 0.17% | 0.15% |
| Total expense ratio (Regular) | 0.46% | 0.40% |
| Base expense ratio (Regular) | 0.39% | 0.32% |
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 2032 INDEX FUND vs SBI Nifty G-Sec Jul 2031 Index Fund: Frequently Asked Questions
What is the difference between Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND and SBI Nifty G-Sec Jul 2031 Index Fund?
Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND is an Index fund, SBI Nifty G-Sec Jul 2031 Index Fund is a mutual fund, run by Bandhan Mutual Fund and SBI Mutual Fund. Their portfolios overlap 28.0%. Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND charges 0.20% a year and SBI Nifty G-Sec Jul 2031 Index Fund 0.20%.
Which has the lower expense ratio, Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND or SBI Nifty G-Sec Jul 2031 Index Fund?
Both charge 0.20% a year.
How much do Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND and SBI Nifty G-Sec Jul 2031 Index Fund overlap?
28.0%. They hold 2 of the same securities, the largest shared ones being 7.02% GOI (MD 18/06/2031), 6.1% GOI (MD 12/07/2031). From each fund's latest monthly portfolio.
Can I invest in both Bandhan CRISIL IBX GILT APRIL 2032 INDEX FUND and SBI Nifty G-Sec Jul 2031 Index Fund?
Yes. 28.0% 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.