The HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund (HGSF), an open-ended Target Maturity Index Fund that tracks the CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028, has been introduced by HSBC Mutual Fund. According to the fund house, the programme has a high interest rate risk and a low credit risk.
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A portion of the scheme’s assets will be allocated to money market products, such as cash and cash equivalents (Treasury Bills, Government Securities with residual maturity of up to one year and three Party Repos and any other like instrument as specified by the RBI from time to time).
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