PGIM India Gilt Fund vs SBI Nifty G-Sec Jul 2031 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
PGIM India Gilt Fund is a Gilt fund and SBI Nifty G-Sec Jul 2031 Index Fund is a mutual fund. PGIM India Gilt Fund charges 0.53% a year and SBI Nifty G-Sec Jul 2031 Index Fund 0.20% (Direct plans). Their portfolios overlap 11.4%: they hold 1 of the same security.
SBI Nifty G-Sec Jul 2031 Index Fund
- Expense ratio
- 0.20%
- NAV
- ₹10.12
Which is better, PGIM India Gilt 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 costs less: 0.20% a year against 0.53% (Direct plans).
- PGIM India Gilt fell less in its worst fall since 01-06-2026: −2.4% against −2.6%.
- PGIM India Gilt is the larger fund: ₹85 Cr against ₹20 Cr.
- Their portfolios overlap 11.4%: 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 | PGIM India Gilt Fund | SBI Nifty G-Sec Jul 2031 Index Fund |
|---|---|---|
| Fund house | PGIM India Mutual Fund | SBI Mutual Fund |
| Category | Gilt | Not available |
| AUM | ₹85 Cr (30-09-2026) | ₹20 Cr (30-09-2026) |
| NAV | ₹33.17 (Direct) | ₹10.12 (Direct) |
| Expense ratio (Direct) | 0.53% | 0.20% |
| Expense ratio (Regular) | 1.42% | 0.40% |
| Riskometer | Moderate | Not available |
| Benchmark | CRISIL Dynamic Gilt Index | Not available |
| Launch date | 27-10-2008 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Puneet Pal, and Mr. Akhil Dhar | Not available |
| Exit load | NIL | Not available |
PGIM India Gilt 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 |
|---|---|---|---|---|---|---|---|
| PGIM India Gilt Fund (Direct) | −0.51% | −1.39% | +1.49% | +1.14% | +5.93% | +5.32% | +6.31% |
| SBI Nifty G-Sec Jul 2031 Index Fund (Direct) | −1.02% | −1.81% | -- | -- | -- | -- | -- |
| Gilt average | −0.69% | −1.34% | +1.62% | +2.12% | +6.19% | +5.46% | +6.64% |
Category average: the average of the 28 Gilt funds, same plan type.
PGIM India Gilt vs SBI Nifty G-Sec Jul 2031 Index: Year-wise Returns
| Year | PGIM India GiltPGIM India Gilt | SBI Nifty G-Sec Jul 2031 IndexSBI Nifty G-Sec Jul 2031 Index |
|---|---|---|
| 2026to date | +0.70% | -- |
| 2025 | +5.04% | -- |
| 2024 | +10.03% | -- |
| 2023 | +7.73% | -- |
| 2022 | +2.84% | -- |
| 2021 | +4.07% | -- |
PGIM India Gilt vs SBI Nifty G-Sec Jul 2031 Index: Rolling Returns
Every holding period of both funds
PGIM India Gilt 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 | PGIM India Gilt Fund (Direct) | SBI Nifty G-Sec Jul 2031 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.95% | +2.45% |
| Standard deviation | 2.76% | 2.67% |
| Sharpe ratio | 0.54 | -1.06 |
| Sortino ratio | 0.78 | -1.39 |
| Maximum drawdown | −3.2% (02-04-2026) | −2.6% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 08-03-2016 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.
PGIM India Gilt 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 |
|---|---|---|---|---|---|---|
| PGIM India Gilt Fund (Direct) | −2.4% | 14-08-2026 | 23-10-2026 | Not yet | -- | −2.1% |
| 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.
PGIM India Gilt vs SBI Nifty G-Sec Jul 2031 Index: Portfolio Overlap
From each fund's latest monthly portfolio: PGIM India Gilt Fund, September 2026; SBI Nifty G-Sec Jul 2031 Index Fund, September 2026
Holdings in common
- Overlap
- 11.4%
- Held by both
- 1
- Only in PGIM India Gilt
- 16
- Only in SBI Nifty G-Sec Jul 2031 Index
- 1
| Security | % of PGIM India Gilt | % of SBI Nifty G-Sec Jul 2031 Index |
|---|---|---|
| 6.1% Government of India | 11.39% | 76.50% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.4% means 11.4% 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 PGIM India Gilt Fund
| Security | % of fund |
|---|---|
| 6.94% Government of India | 31.24% |
| 6.48% Government of India | 8.42% |
| 91 DAYS TBILL RED 08-10-2026 | 5.88% |
| 91 DAYS TBILL RED 01-10-2026 | 4.20% |
| 6.79% Government of India | 3.69% |
Largest holdings only in SBI Nifty G-Sec Jul 2031 Index Fund
| Security | % of fund |
|---|---|
| 7.02% CGL 2031 | 17.66% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | PGIM India Gilt | SBI Nifty G-Sec Jul 2031 Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 79.3% | 94.2% |
| Cash and others | 20.7% | 5.8% |
PGIM India Gilt vs SBI Nifty G-Sec Jul 2031 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | PGIM India Gilt Fund | SBI Nifty G-Sec Jul 2031 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.53% | 0.20% |
| Base expense ratio (Direct) | 0.44% | 0.15% |
| Total expense ratio (Regular) | 1.42% | 0.40% |
| Base expense ratio (Regular) | 1.19% | 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.
More comparisons
Each fund against the others of its category
PGIM India Gilt Fund vs SBI Nifty G-Sec Jul 2031 Index Fund: Frequently Asked Questions
What is the difference between PGIM India Gilt Fund and SBI Nifty G-Sec Jul 2031 Index Fund?
PGIM India Gilt Fund is a Gilt fund, SBI Nifty G-Sec Jul 2031 Index Fund is a mutual fund, run by PGIM India Mutual Fund and SBI Mutual Fund. Their portfolios overlap 11.4%. PGIM India Gilt Fund charges 0.53% a year and SBI Nifty G-Sec Jul 2031 Index Fund 0.20%.
Which has the lower expense ratio, PGIM India Gilt Fund or SBI Nifty G-Sec Jul 2031 Index Fund?
SBI Nifty G-Sec Jul 2031 Index Fund charges less: 0.20% a year against 0.53%. These are the Direct plans' total expense ratios reported to AMFI.
How much do PGIM India Gilt Fund and SBI Nifty G-Sec Jul 2031 Index Fund overlap?
11.4%. They hold 1 of the same securities, the largest shared ones being 6.1% Government of India. From each fund's latest monthly portfolio.
Can I invest in both PGIM India Gilt Fund and SBI Nifty G-Sec Jul 2031 Index Fund?
Yes. 11.4% 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.