HDFC NIFTY G-Sec Apr 2029 Index Fund vs SBI CRISIL IBX Gilt Index - April 2029 Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC NIFTY G-Sec Apr 2029 Index Fund is an Index fund and SBI CRISIL IBX Gilt Index - April 2029 Fund is a mutual fund. In the 3 years to 30-10-2026, HDFC NIFTY G-Sec Apr 2029 Index Fund (Direct) returned 7.4% a year and SBI CRISIL IBX Gilt Index - April 2029 Fund (Direct) returned 7.4% a year. HDFC NIFTY G-Sec Apr 2029 Index Fund charges 0.21% a year and SBI CRISIL IBX Gilt Index - April 2029 Fund 0.21% (Direct plans). Their portfolios overlap 74.9%: they hold 1 of the same security.
HDFC NIFTY G-Sec Apr 2029 Index Fund
Index
- 3 year return
- 7.4%
- Expense ratio
- 0.21%
- NAV
- ₹12.98
SBI CRISIL IBX Gilt Index - April 2029 Fund
- 3 year return
- 7.4%
- Expense ratio
- 0.21%
- NAV
- ₹13.34
Which is better, HDFC NIFTY G-Sec Apr 2029 Index or SBI CRISIL IBX Gilt Index - April 2029? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- HDFC NIFTY G-Sec Apr 2029 Index returned more over 3 years: 7.4% a year against 7.4%.
- HDFC NIFTY G-Sec Apr 2029 Index returned more over 1 year: 3.5% against 3.5%.
- HDFC NIFTY G-Sec Apr 2029 Index swung less over 3 years: a standard deviation of 1.5% a year against 1.5%.
- HDFC NIFTY G-Sec Apr 2029 Index fell less in its worst fall since 10-03-2023: −0.9% against −1.1%.
- SBI CRISIL IBX Gilt Index - April 2029 is the larger fund: ₹1,990 Cr against ₹153 Cr.
- Their portfolios overlap 74.9%: 1 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 | HDFC NIFTY G-Sec Apr 2029 Index Fund | SBI CRISIL IBX Gilt Index - April 2029 Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | SBI Mutual Fund |
| Category | Index | Not available |
| AUM | ₹153 Cr (30-09-2026) | ₹1,990 Cr (30-09-2026) |
| NAV | ₹12.98 (Direct) | ₹13.34 (Direct) |
| Expense ratio (Direct) | 0.21% | 0.21% |
| Expense ratio (Regular) | 0.37% | 0.42% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | Nifty G-Sec Apr 2029 Index. | Not available |
| Launch date | 10-03-2023 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Anupam Joshi, Sankalp Baid | Not available |
| Exit load | NIL | Not available |
HDFC NIFTY G-Sec Apr 2029 Index vs SBI CRISIL IBX Gilt Index - April 2029: 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 |
|---|---|---|---|---|---|---|---|
| HDFC NIFTY G-Sec Apr 2029 Index Fund (Direct) | −0.27% | −0.10% | +1.81% | +3.55% | +7.41% | -- | -- |
| SBI CRISIL IBX Gilt Index - April 2029 Fund (Direct) | −0.25% | −0.11% | +1.85% | +3.53% | +7.38% | -- | -- |
HDFC NIFTY G-Sec Apr 2029 Index vs SBI CRISIL IBX Gilt Index - April 2029: Year-wise Returns
| Year | HDFC NIFTY G-Sec Apr 2029 IndexHDFC NIFTY G-Sec Apr 2029 Index | SBI CRISIL IBX Gilt Index - April 2029SBI CRISIL IBX Gilt Index - April 2029 |
|---|---|---|
| 2026to date | +2.72% | +2.72% |
| 2025 | +8.66% | +8.60% |
| 2024 | +8.55% | +8.56% |
| 2023 | -- | +8.06% |
HDFC NIFTY G-Sec Apr 2029 Index vs SBI CRISIL IBX Gilt Index - April 2029: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 155 of them, one for each trading day from 10-03-2026 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.
HDFC NIFTY G-Sec Apr 2029 Index Fund (Direct)
SBI CRISIL IBX Gilt Index - April 2029 Fund (Direct)
to
Mar 2026May 2023
to
May 2026Jun 2023
to
Jun 2026Jul 2023
to
Jul 2026Sept 2023
to
Sept 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HDFC NIFTY G-Sec Apr 2029 Index | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.6% | 7.7% | 7.1% | 8.5% |
| SBI CRISIL IBX Gilt Index - April 2029 | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.6% | 7.7% | 7.1% | 8.4% |
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 10-03-2023. Past returns do not promise future returns.
HDFC NIFTY G-Sec Apr 2029 Index vs SBI CRISIL IBX Gilt Index - April 2029: 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 10-03-2023 to 30-10-2026: 44 instalments, ₹4,40,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| HDFC NIFTY G-Sec Apr 2029 IndexHDFC NIFTY G-Sec Apr 2029 Index Fund (Direct) | ₹4,40,000 | ₹4,94,462 | ₹54,462 | 6.3% |
| SBI CRISIL IBX Gilt Index - April 2029SBI CRISIL IBX Gilt Index - April 2029 Fund (Direct) | ₹4,40,000 | ₹4,94,332 | ₹54,332 | 6.3% |
HDFC NIFTY G-Sec Apr 2029 IndexHDFC NIFTY G-Sec Apr 2029 Index Fund (Direct)
SBI CRISIL IBX Gilt Index - April 2029SBI CRISIL IBX Gilt Index - April 2029 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.
HDFC NIFTY G-Sec Apr 2029 Index vs SBI CRISIL IBX Gilt Index - April 2029: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC NIFTY G-Sec Apr 2029 Index Fund (Direct) | SBI CRISIL IBX Gilt Index - April 2029 Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.55% | +3.53% |
| Standard deviation | 1.58% | 1.70% |
| Sharpe ratio | -1.07 | -1.01 |
| Sortino ratio | -1.55 | -1.46 |
| Maximum drawdown | −0.9% (06-04-2026) | −1.1% (07-04-2026) |
| 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 | HDFC NIFTY G-Sec Apr 2029 Index Fund (Direct) | SBI CRISIL IBX Gilt Index - April 2029 Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.41% | +7.38% |
| Standard deviation | 1.45% | 1.52% |
| Sharpe ratio | 0.95 | 0.89 |
| Sortino ratio | 1.43 | 1.33 |
| Maximum drawdown | −0.9% (06-04-2026) | −1.1% (07-04-2026) |
| 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 | HDFC NIFTY G-Sec Apr 2029 Index Fund (Direct) | SBI CRISIL IBX Gilt Index - April 2029 Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.44% | +7.48% |
| Standard deviation | 1.54% | 1.72% |
| Sharpe ratio | 0.83 | 0.76 |
| Sortino ratio | 1.25 | 1.14 |
| Maximum drawdown | −0.9% (06-04-2026) | −1.1% (07-04-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 10-03-2023 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.
HDFC NIFTY G-Sec Apr 2029 Index Fund (Direct)
SBI CRISIL IBX Gilt Index - April 2029 Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC NIFTY G-Sec Apr 2029 Index Fund (Direct) | −0.9% | 27-02-2026 | 06-04-2026 | 20-04-2026 | 14 days | −0.7% |
| SBI CRISIL IBX Gilt Index - April 2029 Fund (Direct) | −1.1% | 28-02-2026 | 07-04-2026 | 20-04-2026 | 13 days | −0.7% |
From daily values since 10-03-2023, 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.
HDFC NIFTY G-Sec Apr 2029 Index Fund (Direct)
SBI CRISIL IBX Gilt Index - April 2029 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.
HDFC NIFTY G-Sec Apr 2029 Index Fund (Direct)
SBI CRISIL IBX Gilt Index - April 2029 Fund (Direct)
HDFC NIFTY G-Sec Apr 2029 Index vs SBI CRISIL IBX Gilt Index - April 2029: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC NIFTY G-Sec Apr 2029 Index Fund, September 2026; SBI CRISIL IBX Gilt Index - April 2029 Fund, September 2026
Holdings in common
- Overlap
- 74.9%
- Held by both
- 1
- Only in HDFC NIFTY G-Sec Apr 2029 Index
- 1
- Only in SBI CRISIL IBX Gilt Index - April 2029
- 0
| Security | % of HDFC NIFTY G-Sec Apr 2029 Index | % of SBI CRISIL IBX Gilt Index - April 2029 |
|---|---|---|
| 7.1% GOI MAT 180429 | 74.91% | 93.72% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 74.9% means 74.9% 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 HDFC NIFTY G-Sec Apr 2029 Index Fund
| Security | % of fund |
|---|---|
| 7.59% GOI MAT 200329 | 20.46% |
Largest holdings only in SBI CRISIL IBX Gilt Index - April 2029 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 | HDFC NIFTY G-Sec Apr 2029 Index | SBI CRISIL IBX Gilt Index - April 2029 |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 95.4% | 93.7% |
| Cash and others | 4.6% | 6.3% |
HDFC NIFTY G-Sec Apr 2029 Index vs SBI CRISIL IBX Gilt Index - April 2029: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC NIFTY G-Sec Apr 2029 Index Fund | SBI CRISIL IBX Gilt Index - April 2029 Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.21% | 0.21% |
| Base expense ratio (Direct) | 0.18% | 0.18% |
| Total expense ratio (Regular) | 0.37% | 0.42% |
| Base expense ratio (Regular) | 0.31% | 0.36% |
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.
HDFC NIFTY G-Sec Apr 2029 Index Fund vs SBI CRISIL IBX Gilt Index - April 2029 Fund: Frequently Asked Questions
What is the difference between HDFC NIFTY G-Sec Apr 2029 Index Fund and SBI CRISIL IBX Gilt Index - April 2029 Fund?
HDFC NIFTY G-Sec Apr 2029 Index Fund is an Index fund, SBI CRISIL IBX Gilt Index - April 2029 Fund is a mutual fund, run by HDFC Mutual Fund and SBI Mutual Fund. Their portfolios overlap 74.9%. HDFC NIFTY G-Sec Apr 2029 Index Fund charges 0.21% a year and SBI CRISIL IBX Gilt Index - April 2029 Fund 0.21%.
Which has given higher returns, HDFC NIFTY G-Sec Apr 2029 Index Fund or SBI CRISIL IBX Gilt Index - April 2029 Fund?
Over 1 year: HDFC NIFTY G-Sec Apr 2029 Index Fund +3.55%, SBI CRISIL IBX Gilt Index - April 2029 Fund +3.53%. Over 3 years: HDFC NIFTY G-Sec Apr 2029 Index Fund +7.41% a year, SBI CRISIL IBX Gilt Index - April 2029 Fund +7.38% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, HDFC NIFTY G-Sec Apr 2029 Index Fund or SBI CRISIL IBX Gilt Index - April 2029 Fund?
Both charge 0.21% a year.
How much do HDFC NIFTY G-Sec Apr 2029 Index Fund and SBI CRISIL IBX Gilt Index - April 2029 Fund overlap?
74.9%. They hold 1 of the same securities, the largest shared ones being 7.1% GOI MAT 180429. From each fund's latest monthly portfolio.
Which is better for SIP, HDFC NIFTY G-Sec Apr 2029 Index Fund or SBI CRISIL IBX Gilt Index - April 2029 Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-10-2023 to 30-10-2026 grew to ₹4,06,105 in HDFC NIFTY G-Sec Apr 2029 Index Fund (XIRR 6.0% a year) and ₹4,06,001 in SBI CRISIL IBX Gilt Index - April 2029 Fund (XIRR 6.0% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both HDFC NIFTY G-Sec Apr 2029 Index Fund and SBI CRISIL IBX Gilt Index - April 2029 Fund?
Yes. 74.9% of each fund's money sits in the same holdings, so a large part 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.