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Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund

Q: What is the NAV of Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund?

As of 05 Oct 2026, the NAV of Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund is ₹10.66 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

₹10.66

+0.09% 1D

as of 05 Oct 2026

This is the Direct plan of Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

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NAV history

+6.26%absolute

52-week rangePrev NAV ₹10.65

Latest ₹10.66

Low ₹10.03100th percentile of its 52-week rangeHigh ₹10.66

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.12%

Category —

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

—

Category —

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

—

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

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 Financial Services 9 - 12 Months Debt Index

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.

30 Sep 2025

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

Definitions

Absolute return over the last 1 month (not annualized)

+0.32%

Absolute return over the last 3 months (not annualized)

+1.51%

Absolute return over the last 6 months (not annualized)

+3.72%

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

+4.85%

Annualized returns (≥1Y — CAGR)

Definitions

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

+6.29%

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.

+6.33%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.62%

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

-0.23%

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	+0.32%	—	—
3M abs	+1.51%	—	—
6M abs	+3.72%	—	—
1Y CAGR	+6.29%	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in Index Funds, 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.

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

+3.02%

XIRR

+6.66%

Value vs. invested

ValueInvested

12 monthly installments of ₹10,000 into Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index 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	+4.85%
2025part	+1.49%

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

245

Expense ratio

0.12%

AUM

₹1,001Cr

YTM

6.95%

Macaulay duration

175 days

Average maturity

179 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 Financial Services 9 to 12 Months Debt Index FundThis fund Kotak Mahindra · Direct · IDCW	—	+6.29%	—	—	—	0.12%	₹1,001Cr
ICICI Prudential NASDAQ 100 Index Fund ICICI Prudential · Direct · IDCW	—	+35.58%	+34.63%	+21.08%	—	0.63%	₹3,572Cr
ICICI Prudential Nifty Pharma Index Fund ICICI Prudential · Direct · IDCW	—	+20.08%	+20.30%	—	—	0.51%	₹150.77Cr
ICICI Prudential Nifty Auto Index Fund ICICI Prudential · Direct · IDCW	—	-4.29%	+17.35%	—	—	0.36%	₹241.22Cr
Aditya Birla Sun Life Nifty Smallcap 50 Index Fund Aditya Birla Sun Life · Direct · IDCW	—	+11.80%	+17.31%	+12.02%	—	0.57%	₹354.15Cr
Kotak Nifty Smallcap 50 Index Fund Kotak Mahindra · Direct · IDCW	—	+11.45%	+17.19%	—	—	0.34%	₹243.86Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt96.15%
Cash & Equivalents3.85%

Fund size over time

Quarterly average AUM · AMFI

₹1,001Cr

July - September 2026

+22%

since January - March 2026

−₹89.84Cr

est. net flow, last quarter

Down +6% from its peak of ₹1,068Cr in April - June 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

₹6,14,116Cr+4.0% QoQ

Avg AUM · July - September 2026

Website

kotakmf.com

Fund Managers

MSManu SharmaStart date not disclosed

Role

Debt - Fund Manager and Dealer

Education

Chartered Accountant from the Institute of Chartered Accountants of India & M.Com

Experience

Mr. Manu Sharma has over 17 years of experience in the fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation. He joined Kotak AMC from Deskera Systems in September 2019 and was based out of Bangalore/Singapore for one year. Prior to it Mr. Manu was with Kotak AMC since September 2006 to June 2018 and has handled major assignments like the Fund Management, Operations and Finance for the Kotak AMC.

Funds managed (5)

All schemes Manu Sharma 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

Manu Sharma

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 Financial Services 9 to 12 Months Debt Index Fund?

As of 05 Oct 2026, the NAV of Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund is ₹10.66 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund delivered?

Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund has returned +6.29% over 1 year and +6.33% 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 Financial Services 9 to 12 Months Debt Index Fund?

Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund charges an expense ratio of 0.12% 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 Financial Services 9 to 12 Months Debt Index Fund?

Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund's largest holdings are NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT (9.5%), REC LTD (9.5%), BANK OF BARODA (9.2%), BAJAJ HOUSING FINANCE LTD. (9.1%) and LIC HOUSING FINANCE LTD. (7.1%). Holdings are disclosed monthly and change over time.

How risky is Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund?

Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index 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 Financial Services 9 to 12 Months Debt Index Fund?

Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund is benchmarked against the CRISIL-IBX Financial Services 9 - 12 Months Debt Index. Its alpha and beta on this page are measured against that index.

Who manages Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund?

Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund is managed by Manu Sharma at Kotak Mahindra.

How is Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund taxed?

Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index 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.