Nippon India ETF Nifty SDL Apr 2026 Top 20 Equal Weight (Formerly Nippon India ETF Nifty SDL - 2026 Maturity)
An open-ended Target Maturity Exchange Traded SDL Fund predominately investing in constituents of Nifty SDL Apr 2026 Top 20 Equal Weight Index. Moderate interest rate risk and Relatively Low Credit Risk.
The investment objective of the scheme is to provide investment returns closely corresponding to the total returns of the securities as represented by the Nifty SDL Apr 2026 Top 20 Equal Weight Index before expenses, subject to tracking errors. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Note: The graph is plotted based on dividend reinvestment NAV.
The Scheme employs a passive approach designed to track the performance of Nifty SDL Apr 2026 Top 20 Equal Weight Index.The Scheme seeks to achieve this goal by investing in securities representing the Nifty SDL Apr 2026 Top 20 Equal Weight Index.The Scheme will invest 95% to 100% in State Development Loans (SDLs). The Scheme may also invest in money market instruments.
*In terms of SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009, no entry load will be charged by the Scheme to the investor effective August 1, 2009. Upfront commission shall be paid directly by the investor to the AMFI registered Distributors based on the investors' assessment of various factors including the service rendered by the distributor.
**If charged, the same shall be credited to the scheme immediately net of service tax, if any.
Inception Date
25/03/2021
Benchmark
Nifty SDL Apr 2026 Top 20 Equal Weight Index
1.54 Years
Methodology of Benchmark
Methodology of Benchmark
Scheme Fund Managers
Vivek Sharma,Siddharth Deb
7.35
Note:*Yields are annualized for all the securities
Pricing Per Unit
1/10th of Index
1.38 Years
Creation Unit Size
50,000 Units
Exchange Listed
NSE
NSE Symbol
SDL26BEES
0.00 Years
ISIN
INF204KC1022
Total Expense Ratio^
0.15
Minimum Application Amount
Through Stock Exchange - 1 Unit & in multiples thereof.
Directly with the Mutual fund - in creation unit size viz. 50,000 Units & in multiples thereof.
Directly with the Mutual fund - in creation unit size viz. 50,000 Units & multiple of 1 unit thereof.
^w.e.f May 1, 2023, the execution value for large investors must be greater than Rs.25 crores (except for Schemes managed by Employee Provident Fund Organisation (EPFO), India and Recognized Provident Funds, Approved Gratuity Funds and Approved Superannuation Funds under Income Tax Act, 1961)
Load Structure
Entry Load : Nil, Exit Load : Nil
PRC Matrix
| Potential Risk Class | |||
|---|---|---|---|
| Credit Risk → | Relatively Low (Class A) |
Moderate (Class B) |
Relatively High (Class C) |
| Interest Rate Risk ↓ |
|||
| Relatively Low (Class I) |
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| Moderate (Class II) |
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| Relatively High (Class III) |
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Fund size
Monthly Avg
Rs.7257.78 Cr
Month End
Rs.7194.73 Cr
Total Expense Ratio - includes additional expenses provided in Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Service Tax on Management Fees.
Data as on May 31, 2024
Income over long term
Investments in State Development Loans (SDL) similar to the composition of Nifty SDL Apr 2026 Top 20 Equal Weight Index, subject to tracking errors
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Data as on Jun 30, 2024.
Note: Data related to Group Disclosure is unavailable
Data as on Jun 30, 2024.
Source: ACE Equity
Data as on Jun 30, 2024.
Source: As per AMFI Industry Classification
Source: As per Hang Seng Industry Classification
