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indexLow risk4 years oldSteady vs its 3-year pace

PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth

Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market. From PGIM India Mutual Fund. It's been running since 27 Feb 2023.

Latest price per unit
₹12.8954
▼ 0.07% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.05 L
▲ ₹5.5k gain · 5.5% / year
Invested 3 years ago
₹1.23 L
▲ ₹23.4k gain · 7.3% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.98 L
Gain / loss+₹18.2k
XIRR (annualised)6.69%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.00 L
Projected gain*+₹19.8k
*at this fund's historical rate of 6.69% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in Other Scheme - Index Funds

Same plan
1-year return
5.47%median 5.83% (-0.36%)
Rank #284 of 501Beats 43% of peers
3-year return
7.27%median 7.64% (-0.37%)
Rank #203 of 501Beats 28% of peers
Bumpiness (3Y)
1.02%median 13.32% (-12.30%)
Rank #98 of 501Less risky than 81% of peers
Worst-ever drop
-0.66%median -17.34% (+16.68%)
Rank #430 of 501Less risky than 14% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 4 years were positive.

+7%
2023
+8%
2024
+8%
2025
+3%
2026
Best year
2025 · 8.06%
Worst year
2026 · 3.30%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.0%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.66%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth against other index funds.

Technical details (for the pros)
CAGR — 1 year5.47%
CAGR — 3 years7.27%
CAGR — 5 years—
CAGR — since launch7.52%
Volatility — 1 year (annualised)0.92%
Volatility — 3 years (annualised)1.02%
Max drawdown — 1 year-0.59%
Max drawdown — 3 years-0.66%
Sharpe ratio — 1 year (rf=6%)-0.47
Sharpe ratio — 3 years (rf=6%)1.30

Fund info

Fund house
PGIM India Mutual Fund
Category
Other Scheme - Index Funds
Plan
Direct
Option
Growth
ISIN (Growth)
INF663L01X21
ISIN (Div re-invest)
—
Fund code
151407
First price on record
27 Feb 2023 · 850 daily prices

About PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth

PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth is a Other Scheme - Index Funds offered by PGIM India Mutual Fund under the Direct plan with the Growth option. It has approximately 4 years of NAV track record. The fund falls in the index category — Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

The current NAV of PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth is ₹12.8954 (as of 4 Sep 2026). Historically, it has delivered 5.47% over the last year, 7.27% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.0% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.7%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth?+

The latest NAV of PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth is ₹12.8954 as of 4 Sep 2026, down 0.07% from the previous day. NAV is updated once a business day after the market close.

What are the returns of PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth?+

PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth has delivered 1-year return 5.47%, 3-year CAGR 7.27%, since-inception CAGR 7.52%. Returns are historical and don't predict future performance — markets move in cycles.

What category does PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth belong to?+

PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth is categorised as Other Scheme - Index Funds. Copies an index like the Nifty 50 or Sensex. Low fees, no active fund manager, returns match the market.

How risky is PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth?+

Based on its 3-year annualised volatility of 1.0%, PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth a direct plan?+

PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth?+

PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth has NAV history available from 27 Feb 2023 — approximately 4 years of track record and 850 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.