Mirae Asset Nifty AAA PSU Bond Plus SDL Apr 2026 5050 Index Fund
The scheme seeks to track Nifty AAA PSU Bond Plus SDL Apr 2026 50:50 Index by investing in AAA rated Public Sector Undertaking (PSU) Bonds and State Development Loans (SDL), maturing on or before April 30, 2026, subject to tracking errors.
Growthvine rating: 2/5 — ranked #31 of 53 in category.
Fund basics
| Category | Debt: Medium to Long Duration |
|---|---|
| NAV | ₹12.71 (as of 2026-04-30) |
| AUM | ₹71 Cr |
| Expense ratio | 0.36% |
| Riskometer | Low to Moderate |
| Fund manager | Pranavi Kulkarni |
| Exit load | 0 |
Performance & risk
| Sharpe ratio | 1.65 |
|---|---|
| Standard deviation | 0.46% |
| Max drawdown | -0.22% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 79.0% of NIFTY Medium to Long Duration Debt Index's upside and -102.2% of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 1.9% | Q4 (Bottom) | #52 of 53 |
| 2025 | 7.1% | Q3 | #37 of 53 |
| 2024 | 7.6% | Q4 (Bottom) | #44 of 50 |
| 2023 | 6.7% | Q3 | #27 of 37 |