[ A ] Benchmark Performance of CRISIL IBX AAA Financial Services – Sep 2027

Index objective:
Seeks to track the performance of AAA issuers from the financial services sector maturing near target date of the index. This is a sectoral index consisting of only issuers from financial services sector.

Eligibility criteria:
• AAA-rated corporate bond issuers in the financial services sector with conservative rating of AAA only based on liquidity, and the security nearest to index maturity.
• Issuing entity should be domiciled in India and should satisfy either of the following:
1) HFC issuers as available in the list mentioned on the nhb.org.in website with minimum outstanding amount of Rs.300 Cr in the eligible bonds of the issuer.
2) NBFC issuers as available in the RBI list of Non-Banking Financial Companies (NBFCs) with minimum Outstanding amount of Rs.300 Cr in the eligible bonds of the issuer.
3) Public Financial Institutions (PFIs) owned and managed by GOI as available in the RBI list of Public Financial Institutions (PFIs) with minimum outstanding amount of Rs.300 Cr in the eligible bonds of the issuer.
4) Private sector banks as per RBI with minimum outstanding amount of Rs.2,500 Cr in the eligible bonds of the issuer.

Study about Benchmark Index in details (Pages 97 to 100)

index-linked-products-methodology

SEBI Full Details-Axis CRISIL-IBX AAA Bond Financial Services-Sep 2027 Index Fund

Note on Benchmark Performance:

[ B ] Performance Review of the Fund Managers of this NFO

Past Performance of Aditya Pagaria

As on 6-11-2024

Note on Fund Managers’ performance

[ C ] Conclusion
Considering above two aspects of this NFO, I donot recommend large investment in this NFO. This being NFO of sectoral nature, small investment may be made.

Invest Online

https://sahifund.com/axis-crisil-ibx-aaa-bond-financial-services-sep-2027-index-fund/