Investment Strategy 
he scheme seeks to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments such as Government Securities, PSU & Corporate Bonds and Money Market Instruments maturing on or before the maturity of the scheme. 

Basic Details

About Benchmark Index 
CRISIL Medium Term Debt Index seeks to track the performance of a medium term debt portfolio comprising of government securities and AAA/AA rated corporate bonds
Features
● Total Return Index seeking to capture coupon and price returns of the underlying portfolio
● Base date for the Index : October 01, 2004
● Index portfolio marked-to-market on a daily basis using CRISIL Gilt and Bond valuations
● Index is fully invested at all points of time with no cash component
● Derived index from the following sub-indices
− CRISIL Short Term Gilt Index
− CRISIL AAA Medium Term Bond Index
− CRISIL AA Medium Term Bond Index
Key Characteristics
● Rich history: CRISIL Medium Term Debt Index has an inception date of October 01, 2004. Thus the index has been in existence over a decade, seen multiple interest rate cycles, and has stood the test of time
● Liquidity: The index seeks to capture the movement in a portfolio consisting of most liquid government and corporate securities by using appropriate market representation
● Replicability: The index constituents are valued on a daily basis. This lends the index a realistic approach by having the valuations close to the market levels
Methodology
● Weights to government securities will be fixed at 15%
● Weights to sub-indices within corporate bonds will be rebalanced annually based on previous year issuances
● Index valued on a daily basis using CRISIL Gilt and Bond valuations

CRISIL Medium Term Debt Index: Asset Allocation – April 2017

CRISIL Medium Term Debt Index: Index Details – March 1, 2018

Study about Benchmark Index in details
CRISIL Indices Factsheet Mar 01 2023