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Mirae Asset Nifty SDL June 2028 Index Fund(G)-Direct Plan
Univest 7 hrs ago·20 Sept 2026, 2:03 am
Mirae Asset has launched a new fund that tracks the Nifty SDL June 2028 Index. This fund invests in State Development Loans, which are government bonds issued by Indian states. By tracking this specific index, the fund aims to provide returns that match the performance of these high-quality state government securities.
For investors, this launch offers a fresh way to gain exposure to the debt market. State Development Loans are generally considered safe assets, making this fund a potential option for those looking to diversify their portfolio beyond equities. It provides a way to earn returns from government-backed debt instruments.
Investors should monitor the fund's expense ratio and its performance relative to the benchmark index. As with any new fund, it is important to review the fund's portfolio and track record once it begins trading. This will help in understanding how the fund manages its investments.
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