HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
This is the Direct plan of HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
NAV history
Scorecard
Not ratedHow 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.
Not enough Index Funds peers to rank yet
Volatility 0.7% vs 12.3% category avg
0.1% expense vs 0.5% category avg
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 (0.7% vs 12.3%)
- Low expense ratio (0.13%) vs the Index Funds average of 0.50%
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Index Funds)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.36% | -3.94% | +4.30% |
| 3M abs | +1.56% | -3.19% | +4.75% |
| 6M abs | +3.77% | +5.91% | -2.14% |
| 1Y CAGR | — | -0.08% | — |
| 3Y CAGR | — | +9.25% | — |
| 5Y CAGR | — | +8.29% | — |
Category average across peers in Index Funds (376 of 381 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.
6 monthly installments of ₹10,000 into HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Taxation
Taxed as debtThis 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.
Your income-tax slab — no LTCG or indexation benefit
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.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Debt95.46%
- Cash & Equivalents4.54%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹823.61Cr 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
HDFC Mutual Fund is run by HDFC Asset Management, part of the HDFC Bank group and listed on the exchanges since 2018. It has been in business since 1999, absorbed Zurich India's schemes in 2003, and is consistently among the two or three largest fund houses by assets.
Fund Managers
AJAnupam JoshiStart date not disclosed
Fund Manager - Fixed Income
• PGDBM Finance from Chetana’s Institute of Management & Research
Collectively over 19 years experience in Fund management, research and dealing • October 2015 till Date: HDFC Asset Management Company Limited • August 2008 till September 2015: IDFC Asset Management Company Limited Last Position Held: Director - Investments
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PJPraveen JainStart date not disclosed
Co-Fund Manager, Senior Credit Analyst and Fixed Income Dealer (Backup)
• B.Com. (Hons.), • Chartered Accountant, • CFA (CFA Institute)
Collectively over 20 years experience in Credit Research and Treasury • September 26, 2007 till Date: HDFC Asset Management Company Limited
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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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.
From the blog
Frequently asked questions
What is the NAV of HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
As of 05 Oct 2026, the NAV of HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is ₹10.40 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund delivered?
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund has returned +4.00% 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 HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund charges an expense ratio of 0.13% 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 HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund's largest holdings are Tata Capital Ltd. (10.5%), REC Limited. (7.8%), Panatone Finvest Ltd. (7.6%), Bajaj Finance Ltd. (5.2%) and Mahindra & Mahindra Financial Services Ltd. (5.2%). Holdings are disclosed monthly and change over time.
How risky is HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 0.7% 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 HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
HDFC CRISIL-IBX Financial Services 9-12 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 HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is managed by Anupam Joshi and Praveen Jain at HDFC.
How is HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund taxed?
HDFC CRISIL-IBX Financial Services 9-12 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.