HDFC Nifty G-Sec Apr 2029 Index Fund
Index Funds · HDFC Asset Management Company Limited
Among the 1179 similar index fundss we track, this one has grown money a bit faster than average. ₹1 lakh invested 3 years ago would be about ₹1.2 lakh today. Investing ₹10,000 every month for the last 3 years would have put in ₹3.7 lakh and grown it to about ₹4.1 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹99,060. Its ride has historically been comparatively steady.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.HDFC Nifty G-Sec Apr 2029 Index Fund is a index funds from HDFC Asset Management Company Limited. It has a track record of about 3.5 years. As of the latest data it carries an RS rating of 59/99 (its recent momentum versus category peers) and a King Score of 77/100 (a long-term quality composite). The current NAV is ₹13.01 (as of 2026-09-16).
Growth of ₹100 - last 4 years
HDFC Nifty G-Sec Apr 2029 Index Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -0.33% | -3.19% |
| 3 months | 0.74% | -0.24% |
| 6 months | 2.16% | 4.45% |
| 1 year | 4.99% | 1.13% |
| 3 years (CAGR) | 7.49% | 9.06% |
Its trailing one-year return is 4.99%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | HDFC Nifty G-Sec Apr 2 | Benchmark |
|---|---|---|
| 2024 | +8.6% | +15.2% |
| 2025 | +8.7% | +6.7% |
| 2026 | +3.0% | -5.8% |
HDFC Nifty G-Sec Apr 2029 Index Fund beat its benchmark in 2 of the last 3 calendar years. That is a strong hit-rate - most active funds fail to clear their index this often. Consistency against the benchmark matters more than any single great year.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
What a monthly SIP in HDFC Nifty G-Sec Apr 2029 Index Fund would have made
A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.
| SIP duration | You invested | It became | XIRR |
|---|---|---|---|
| 3 years | ₹370,000 | ₹409,501 | 6.7% |
Over 3 years, ₹370,000 invested in monthly instalments would have grown to about ₹409,501 - an XIRR of 6.7%. Figures are pre-tax and assume you stayed invested throughout.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -0.94% | -16.31% |
| Worst drawdown (3Y) | -0.94% | -15.09% |
| Volatility (1Y) | 1.99% | 14.53% |
| Sharpe (3Y) | 0.59 | 0.24 |
| Sortino (3Y) | 0.85 | 0.69 |
| Beta (3Y) | 0.05 | 0.67 |
| Alpha (3Y) | 0.8% | 1.16% |
| Up capture | 12.8% | 70.6% |
| Down capture | -5.0% | 61.79% |
| Bull-market return | 8.8% | 22.28% |
| Bear-market return | 11.5% | -18.34% |
Timing matters more than people admit: the best possible 1-year stretch in HDFC Nifty G-Sec Apr 2029 Index Fund (starting 2024-06-04) gained 11.4%, while the worst (starting 2025-05-22) still made 3.7%. The worst peak-to-bottom fall HDFC Nifty G-Sec Apr 2029 Index Fund has ever put investors through is -0.94% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about 11.5% annualised, versus 8.8% in rising markets. It has captured roughly 12.8% of its benchmark's up-moves and -5.0% of its down-moves.
How HDFC Nifty G-Sec Apr 2029 Index Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), HDFC Nifty G-Sec Apr 2029 Index Fund has historically returned about 11.5% annualised, versus roughly 8.8% when the market is rising. Its deepest fall on record is -0.94%. Right now it sits about 0.34% below its all-time high (last hit 2026-08-13). The real question isn't the average year - it's whether you could hold on through the worst one.
How HDFC Nifty G-Sec Apr 2029 Index Fund ranks in its category
Percentile versus its ~1179 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
| Measure | Value |
|---|---|
| Median 3Y rolling CAGR | 7.6% |
| 3Y windows positive | 100.0% |
| Worst 3Y window | 7.09% |
Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, HDFC Nifty G-Sec Apr 2029 Index Fund returned a median of 7.6% a year, and 100.0% of those windows were positive.
Who manages HDFC Nifty G-Sec Apr 2029 Index Fund - and how good are they?
HDFC Nifty G-Sec Apr 2029 Index Fund is managed by Anupam Joshi and Sankalp Baid. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Anupam Joshi's full record
Anupam Joshi currently runs 13 funds, across Aggressive Hybrid Fund, Conservative Hybrid Fund, Index Funds, Long Duration Fund and more, with about ₹33,554 Cr under management. The book's average King Score is 71.8/100. Their strongest fund by King Score is HDFC Income Fund (79/100); HDFC Nifty G-Sec Apr 2029 Index Fund ranks #4 of 13 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HDFC Income Fund | 77 | 79 | 1.2% | 2.4% | 4.2% | 6.7% | 5.7% | 5.9% | 0.09 | 6.8% | -10.6% |
| 2 | HDFC NIFTY SDL Plus G-Sec Jun 2027 40 60 Index Fund | 74 | 77 | 1.4% | 2.7% | 5.8% | 7.3% | n/a | n/a | 1.0 | 7.3% | -0.4% |
| 3 | HDFC Hybrid Debt Fund | 68 | 77 | 0.1% | 0.9% | 1.9% | 7.1% | 7.7% | 8.3% | 0.15 | 10.3% | -12.1% |
| 4 | HDFC Nifty G-Sec Apr 2029 Index Fund (this page) | 59 | 77 | 0.7% | 2.2% | 5.0% | 7.5% | n/a | n/a | 0.59 | 7.6% | -0.9% |
| 5 | HDFC Long Duration Debt Fund | 74 | 76 | 0.7% | 1.6% | 2.3% | 5.8% | n/a | n/a | -0.17 | 6.4% | -6.0% |
| 6 | HDFC Nifty SDL Oct 2026 Index Fund | 74 | 74 | 1.4% | 2.8% | 5.8% | 7.2% | n/a | n/a | 1.03 | 7.2% | -0.2% |
| 7 | HDFC Nifty G-Sec Jun 2027 Index Fund | 70 | 74 | 1.3% | 2.6% | 5.6% | 7.3% | n/a | n/a | 0.82 | 7.5% | -0.6% |
| 8 | HDFC Nifty G-Sec July 2031 Index Fund | 55 | 73 | 0.5% | 2.1% | 4.8% | 7.5% | n/a | n/a | 0.42 | 8.3% | -2.2% |
| 9 | HDFC Nifty G-Sec Jun 2036 Index Fund | 54 | 71 | 0.7% | 1.8% | 4.3% | 7.5% | n/a | n/a | 0.29 | 7.5% | -3.2% |
| 10 | HDFC Nifty G-Sec Dec 2026 Index Fund | 74 | 70 | 1.4% | 2.7% | 5.8% | 7.1% | n/a | n/a | 0.86 | 7.4% | -0.6% |
| 11 | HDFC Nifty G-Sec Sep 2032 Index Fund | 54 | 70 | 0.5% | 1.9% | 4.6% | 7.4% | n/a | n/a | 0.35 | 8.1% | -2.2% |
| 12 | HDFC Hybrid Equity Fund | 39 | 44 | 0.2% | 0.3% | -4.7% | 5.8% | 7.9% | 10.1% | -0.07 | 13.0% | -33.6% |
| 13 | HDFC CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | 90 | n/a | 1.9% | 3.9% | 7.2% | n/a | n/a | n/a | 0.85 | n/a | -0.0% |
Sankalp Baid's full record
Sankalp Baid currently runs 8 funds, across Index Funds, with about ₹3,071 Cr under management. The book's average King Score is 73.2/100. Their strongest fund by King Score is HDFC NIFTY SDL Plus G-Sec Jun 2027 40 60 Index Fund (77/100); HDFC Nifty G-Sec Apr 2029 Index Fund ranks #2 of 8 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HDFC NIFTY SDL Plus G-Sec Jun 2027 40 60 Index Fund | 74 | 77 | 1.4% | 2.7% | 5.8% | 7.3% | n/a | n/a | 1.0 | 7.3% | -0.4% |
| 2 | HDFC Nifty G-Sec Apr 2029 Index Fund (this page) | 59 | 77 | 0.7% | 2.2% | 5.0% | 7.5% | n/a | n/a | 0.59 | 7.6% | -0.9% |
| 3 | HDFC Nifty SDL Oct 2026 Index Fund | 74 | 74 | 1.4% | 2.8% | 5.8% | 7.2% | n/a | n/a | 1.03 | 7.2% | -0.2% |
| 4 | HDFC Nifty G-Sec Jun 2027 Index Fund | 70 | 74 | 1.3% | 2.6% | 5.6% | 7.3% | n/a | n/a | 0.82 | 7.5% | -0.6% |
| 5 | HDFC Nifty G-Sec July 2031 Index Fund | 55 | 73 | 0.5% | 2.1% | 4.8% | 7.5% | n/a | n/a | 0.42 | 8.3% | -2.2% |
| 6 | HDFC Nifty G-Sec Jun 2036 Index Fund | 54 | 71 | 0.7% | 1.8% | 4.3% | 7.5% | n/a | n/a | 0.29 | 7.5% | -3.2% |
| 7 | HDFC Nifty G-Sec Dec 2026 Index Fund | 74 | 70 | 1.4% | 2.7% | 5.8% | 7.1% | n/a | n/a | 0.86 | 7.4% | -0.6% |
| 8 | HDFC Nifty G-Sec Sep 2032 Index Fund | 54 | 70 | 0.5% | 1.9% | 4.6% | 7.4% | n/a | n/a | 0.35 | 8.1% | -2.2% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.21% |
| Exit load | No exit load |
| Minimum investment | ₹100 |
| Fund size (AUM) | ₹89 Cr |
| Age | 3.5 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How HDFC Nifty G-Sec Apr 2029 Index Fund compares to peers
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
HDFC Nifty G-Sec Apr 2029 Index Fund review: the bottom line
Related
Frequently asked questions
Is HDFC Nifty G-Sec Apr 2029 Index Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, HDFC Nifty G-Sec Apr 2029 Index Fund scores 77/100 on our King Score and RS 59/99 within its category, has compounded 7.49% a year over three years, and its worst drawdown was -0.94%. Compare those against your needs and the peer table above.
What is the NAV of HDFC Nifty G-Sec Apr 2029 Index Fund today?
The latest NAV is ₹13.01 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of HDFC Nifty G-Sec Apr 2029 Index Fund?
The Direct-plan expense ratio is 0.21% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of HDFC Nifty G-Sec Apr 2029 Index Fund?
HDFC Nifty G-Sec Apr 2029 Index Fund is managed by Anupam Joshi; Sankalp Baid.
Is HDFC Nifty G-Sec Apr 2029 Index Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -0.94% - ₹1 lakh briefly becoming about ₹99,060. As a index & fof, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is HDFC Nifty G-Sec Apr 2029 Index Fund good for SIP?
We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 3 years grew ₹3.7 lakh into about ₹4.1 lakh (XIRR 6.7%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.
What are the SIP returns of HDFC Nifty G-Sec Apr 2029 Index Fund?
A ₹10,000/month SIP over 3 years would have grown to about ₹409,501 (an XIRR of 6.7%) on ₹370,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.
How does HDFC Nifty G-Sec Apr 2029 Index Fund rank among similar funds?
On 3-year returns it sits around the 67th percentile of its category, and its consistency ranks 83th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.
Is HDFC Nifty G-Sec Apr 2029 Index Fund tax-efficient / what about capital gains?
As a index & fof, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See HDFC Nifty G-Sec Apr 2029 Index Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.