Primarily market-linked growth exposure
The investment objective of the scheme is to generate returns that corresponds to the total returns of the securities as represented by the CRISIL-IBX Gilt Index-April 2028 (before fees and expenses), subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/ indicate any returns.
Investors with a long horizon who can tolerate meaningful falls in value.
Share-price volatility, valuation risk, concentration and tracking risk where applicable.
How the money may be invested
Securities comprising the CRISILIBX Gilt Index - April 2028 - Min 95% and Max 100% Money Market Instruments, Government securities, T- Bills, including Triparty Repo, cash and cash equivalents and units of liquid mutual fund- Min 0% and Max 5%
- SEBI category
- Index Fund
- Fund type
- An open-ended Target Maturity Index Fund investing in constituents of the CRISIL-IBX Gilt Index - April 2028. A relatively high interest rate risk and relatively low credit risk.
- Primary benchmark
- CRISIL-IBX Gilt Index - April 2028
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Sandeep Devan and Mr. Puneet Pal
- Manager tenure on this scheme
- Since Mr. Sandeep Devan - 25/02/2026 and Mr. Puneet Pal - 22/02/2023
- Role / co-management
- Description - Asset classwise we have different Fund Manager. Sandeep Devan is a Primary Fund Manager for Debt and Puneet Pal is Comanage Fund Manager for Debt.
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct Growth | ₹12.8954 | 04 Sep 2026 |
| PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Direct Plan - Direct IDCW | ₹10.6645 | 04 Sep 2026 |
| PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Regular Plan - Regular Growth | ₹12.8206 | 04 Sep 2026 |
| PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund - Regular Plan - Regular IDCW | ₹10.5998 | 04 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.60%, Direct 0.46%
- Exit load
- NIL
- Minimum application
- Rs. 5000 · multiples of Rs.1
- SIP frequency
- SIP - Monthly/Quarterly, SWP - Monthly/ Quartely/ Annually, STP -Daily/Weekly/Monthly/Quarterly
- Minimum SIP amount
- SIP - Monthly/Quarterly : 1000, SWP - Monthly/ Quartely/ Annually : 1000, STP -Daily/Weekly/Monthly/Quarterly :1000
- Minimum instalments
- SIP - 5, SWP - 5, STP - 5
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.