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Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund

Q: What is the NAV of Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund?

As of 05 Oct 2026, the NAV of Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund is ₹11.22 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Kotak Mahindra Mutual Fund · Best Index Funds

NAV

₹11.22

+0.08% 1D

as of 05 Oct 2026

This is the Regular plan of Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+6.38%absolute

52-week rangePrev NAV ₹11.21

Latest ₹11.22

Low ₹10.54100th percentile of its 52-week rangeHigh ₹11.22

Scorecard

★★★★★5/5 vs 322 of 373 Index Funds peers1Y

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Index Funds (same plan and option). Based on a 1-year record — this fund is too young for a 3-year CAGR, so its performance is ranked on 1Y against the same peers. 322 of the 373 Index Funds in this cohort carry the full record the stars need, so they are the ones ranked against.

Performance—

Not enough Index Funds peers to rank yet

RiskLow

Volatility 0.6% vs 12.3% category avg

CostLow

0.3% expense vs 1.0% category avg

Consistency—

Not enough history for a rolling 3Y view

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Ahead of the Index Funds average on 1M/3M/1Y — 1Y by 6.93pp
Ranks #26 of 322 on 1-year return in its Index Funds cohort
Less volatile than its Index Funds peers (0.6% vs 12.3%)
Low expense ratio (0.30%) vs the Index Funds average of 0.96%

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.30%

Category 0.96%▼0.66%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

—

Category 0.36

Scheme Info

Definitions

Plan

Regular · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

CRISIL-IBX AAA Financial Services Index – Dec 2026

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

20 Feb 2025

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

+0.47%

Absolute return over the last 3 months (not annualized)

+1.70%

Absolute return over the last 6 months (not annualized)

+3.75%

Absolute return since 1 Jan of this year (not annualized)

+5.02%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+6.42%

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+7.27%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.56%

Excess return per unit of total volatility (rf = 6.5%)

—

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

—

Largest peak-to-trough decline over full history

-0.17%

Benchmark ratios

Not shown for Index Funds — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Index Funds)

Period	Fund	Category avg.	Diff
1M abs	+0.47%	-3.95%	+4.42%
3M abs	+1.70%	-3.24%	+4.94%
6M abs	+3.75%	+5.68%	-1.93%
1Y CAGR	+6.42%	-0.51%	+6.93%
3Y CAGR	—	+8.82%	—
5Y CAGR	—	+7.82%	—

Category average across peers in Index Funds (368 of 373 carry a figure for at least one period), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 373 peers in Index Funds

1Y return

+6.42%

Beats 92.2% · rank #26

3Y return

—

5Y return

—

Sharpe

—

Sortino

—

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹1.20L

Current value

₹1.24L

Absolute

+3.12%

XIRR

+6.88%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+5.02%
2025part	+6.68%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

History points

391

Expense ratio

0.30%

AUM

₹132.82Cr

YTM

6.73%

Macaulay duration

77 days

Average maturity

77 days

Exit load

NIL

Taxation

Taxed as debt

This is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

Pick your slab to see the rate that applies to you.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · Index Funds

Compare all


Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 FundThis fund Kotak Mahindra · Regular · Growth	★★★★★ 1Y	+6.42%	—	—	—	0.30%	₹132.82Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential · Regular · Growth	★★★★★	+32.29%	+33.12%	+20.04%	—	1.06%	₹3,348Cr
Motilal Oswal S&P 500 Index Fund Motilal Oswal · Regular · Growth	★★★★★	+23.73%	+27.06%	+18.06%	—	1.04%	—
ICICI Prudential Nifty Pharma Index Fund ICICI Prudential · Regular · Growth	★★★★★	+19.30%	+19.56%	—	—	1.18%	₹121.63Cr
UTI Nifty 500 Value 50 Index Fund UTI · Regular · Growth	★★★★☆	+3.47%	+19.48%	—	—	1.19%	₹729.68Cr
Motilal Oswal BSE Enhanced Value Index Fund Motilal Oswal · Regular · Growth	★★★★☆	-1.49%	+18.02%	—	—	1.16%	₹2,077Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt93.16%
Cash & Equivalents6.84%

Equity (15)

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT

13.75%

LIC HOUSING FINANCE LTD.

13.59%

INDIAN RAILWAY FINANCE CORPORATION LTD.

13.21%

HDB FINANCIAL SERVICES LTD.

7.77%

BAJAJ HOUSING FINANCE LTD.

7.75%

Kotak Mahindra Prime Ltd.

6.99%

REC LTD

6.98%

SUNDARAM FINANCE LTD.

5.43%

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

4.65%

REC LTD

3.11%

Fund size over time

Quarterly average AUM · AMFI

₹132.82Cr

April - June 2026

-35%

since January - March 2026

−₹75.28Cr

est. net flow, last quarter

Down +35% from its peak of ₹204.95Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

Kotak Mahindra Mutual Fund is run by Kotak Mahindra Asset Management, part of the Kotak Mahindra Bank group, and has been in the business since 1998. It was the first Indian fund house to launch a dedicated gilt scheme, and today runs one of the country's larger equity and debt line-ups.

Launched

04 Aug 1994

Total AUM

₹5,90,460Cr+1.6% QoQ

Avg AUM · April - June 2026

Website

kotakmf.com

Fund Managers

ABAbhishek BisenStart date not disclosed

Role

Head - Fixed Income, Debt Fund Manager and Dealer

Education

B A Management, MBA Finance EPAF- IIM-C

Experience

Mr. Abhishek Bisen has been associated with the company since October 2006 and his key responsibilities include fund management of debt schemes. Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm. Mr. Abhishek Bisen has been associated with the Kotak AMC since October 2006 and his key responsibilities include fund management of debt schemes. Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm

Funds managed (80)

All schemes Abhishek Bisen runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

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Fund managers

Abhishek Bisen

Kotak Mahindra in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

About Index funds & ETFs

Index funds and ETFs must keep at least 95% in the securities of the index they track, rather than trying to beat it. They charge far lower fees than active funds, and their return is the index's return minus that small cost and any tracking difference.

Frequently asked questions

What is the NAV of Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund?

As of 05 Oct 2026, the NAV of Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund is ₹11.22 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund delivered?

Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund has returned +6.42% over 1 year and +7.27% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund?

Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund charges an expense ratio of 0.30% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund?

Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund's largest holdings are NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT (13.8%), LIC HOUSING FINANCE LTD. (13.6%), INDIAN RAILWAY FINANCE CORPORATION LTD. (13.2%), HDB FINANCIAL SERVICES LTD. (7.8%) and BAJAJ HOUSING FINANCE LTD. (7.8%). Holdings are disclosed monthly and change over time.

How risky is Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund?

Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.6% and its worst peak-to-trough fall in our sample was -0.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund?

Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund is benchmarked against the CRISIL-IBX AAA Financial Services Index – Dec 2026. Its alpha and beta on this page are measured against that index.

Who manages Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund?

Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund is managed by Abhishek Bisen at Kotak Mahindra.

How is Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund taxed?

Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.