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Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund

Q: What is the NAV of Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?

As of 05 Oct 2026, the NAV of Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is ₹10.42 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Nippon India Mutual Fund · Best Index Funds

NAV

₹10.42

+0.08% 1D

as of 05 Oct 2026

This is the Regular plan of Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index 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

+4.23%absolute

52-week rangePrev NAV ₹10.41

Latest ₹10.42

Low ₹10.00100th percentile of its 52-week rangeHigh ₹10.42

Scorecard

Not rated

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. Not rated — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

Not enough Index Funds peers to rank yet

RiskLow

Volatility 0.5% vs 12.3% category avg

CostLow

0.2% 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

Less volatile than its Index Funds peers (0.5% vs 12.3%)
Low expense ratio (0.21%) 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

0.21%

Category 0.96%▼0.75%

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

₹1,000

CRISIL-IBX Financial Services 3-6 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.

13 Mar 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

+0.40%

Absolute return over the last 3 months (not annualized)

+1.62%

Absolute return over the last 6 months (not annualized)

+3.76%

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

+4.23%

Annualized returns (≥1Y — CAGR)

Definitions

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

—

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.

+4.23%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

0.46%

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

-0.05%

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	+0.40%	-3.95%	+4.35%
3M abs	+1.62%	-3.24%	+4.86%
6M abs	+3.76%	+5.68%	-1.92%
1Y CAGR	—	-0.49%	—
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.

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

₹60.00K

Current value

₹60.86K

Absolute

+1.44%

XIRR

+6.99%

Value vs. invested

ValueInvested

6 monthly installments of ₹10,000 into Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

136

Expense ratio

0.21%

AUM

₹331.09Cr

YTM (from holdings)

6.50%

Average maturity

80 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


Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index FundThis fund Nippon India · Regular · Growth	—	—	—	—	—	0.21%	₹331.09Cr
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

Debt96.91%
Cash & Equivalents3.09%

Fund size over time

Quarterly average AUM · AMFI

₹331.09Cr

April - June 2026

+473%

since January - March 2026

At or near its largest, ₹331.09Cr 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.

AMC Profile

Nippon India Mutual Fund is managed by Nippon Life India Asset Management, which took control of the former Reliance Mutual Fund in 2019 when Nippon Life of Japan bought out the Reliance Capital stake. It is among India's largest fund houses by assets and is best known for its small- and mid-cap franchise.

Launched

29 Jun 1995

Total AUM

₹7,87,053Cr+4.7% QoQ

Avg AUM · July - September 2026

Website

mf.nipponindiaim.com

Fund Managers

VAVikash AgarwalStart date not disclosed

Role

Senior Fund Manger

Education

Chartered Accountant, MS Finance (ICFAI). BCOM HONS

Experience

Over 18.5 years of experience in capital markets From September 05, 2024 onwards Nippon Life India Asset Management – Senior Fund Manager – Fixed Income From September 2007 to August 2024 HDFC Asset Management - Fund Manager Debt From April 2006 to September 2007 Larsen and Toubro - Forex Trading and economic research

Funds managed (12)

All schemes Vikash Agarwal 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

Vikash Agarwal

Nippon India 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 Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?

As of 05 Oct 2026, the NAV of Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is ₹10.42 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund delivered?

Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund has returned +4.23% 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 Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?

Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund charges an expense ratio of 0.21% 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 Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?

Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund's largest holdings are Punjab National Bank (9.4%), 7.83% National Bank For Agriculture and Rural Development (6.9%), 7.91% Sundaram Home Finance Limited (6.9%), 7.52% REC Limited (6.9%) and 6.4% LIC Housing Finance Limited (6.9%). Holdings are disclosed monthly and change over time.

How risky is Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?

Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.5% and its worst peak-to-trough fall in our sample was -0.0%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?

Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is benchmarked against the CRISIL-IBX Financial Services 3-6 Months Debt Index. Its alpha and beta on this page are measured against that index.

Who manages Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?

Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is managed by Vikash Agarwal at Nippon India.

How is Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund taxed?

Nippon India CRISIL-IBX Financial Services 3-6 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.