• When looking to plan for long-term, critical goals, investors tend to be cautious. This often causes them to lose out on returns in a bid to maintain low risk.

• What if you could combine the benefit of moderate risk, predictability of returns plus a little extra in the form of returns?

• A target maturity fund can be your go-to fund here!

• Target maturity funds are debt-oriented mutual funds that have a passive and index-based investing strategy. They will replicate income over the target maturity period of its underlying index subject to tracking errors.

• This offers investors transparency and predictability of returns within a pre-defined time frame. A target maturity fund aims to eliminate duration risk (when held till maturity).

• Aditya Birla Sun Life CRISIL IBX GILT April 2033 Index Fund is a target maturity fund that provides all of this with an added feature of potentially earning long-term capital gains.

• It invests in a portfolio of G-secs comprised in the underlying index. G-secs being sovereign instruments tend to have negligible credit and default risk. The inclusion of G-secs in global indices will be met with a rise in their demand. This coupled with cooling off inflation can see G-sec yields fall presenting capital gains opportunities for investors who invest at current high yields.

• The fund is suited for medium to long term, up to the maturity date of April 29, 2033.