{"id":224856,"date":"2026-08-31T17:44:07","date_gmt":"2026-08-31T12:14:07","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/"},"modified":"2026-08-31T17:44:07","modified_gmt":"2026-08-31T12:14:07","slug":"axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/","title":{"rendered":"Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-g-direct-plan\">Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index Fund Direct Growth Plan<\/a> has a NAV of \u20b911.5383 as of 28 Aug 2026 and an AUM of \u20b92,173 Cr. Its 1-year, 3-year and 5-year returns are 6.4222%, 0%, and 0% respectively, and it sits in the Balanced Risk category.<\/p>\n<p>Our view is that this is a relatively focused debt-oriented index fund with modest recent return visibility and a portfolio concentrated in corporate debt. The short-term pattern has been steadier than the benchmark, but the available longer-horizon figures are still limited, so the fund looks more suited to investors who want a defined-maturity-style exposure with a moderate risk budget than to those seeking a broad market return engine.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Axis_CRISIL-IBX_AAA_Bond_NBFC_%E2%80%93_Jun_2027_Index\" title=\"Should you BUY or HOLD Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index?\">Should you BUY or HOLD Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Axis_CRISIL-IBX_AAA_Bond_NBFC_%E2%80%93_Jun_2027_Index_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index Fund Direct Growth Plan?\">What is the current NAV of Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index Fund Direct Growth Plan?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#What_are_the_funds_1-year_3-year_and_5-year_returns\" title=\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\">What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#How_has_the_fund_performed_versus_the_benchmark\" title=\"How has the fund performed versus the benchmark?\">How has the fund performed versus the benchmark?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#How_does_it_compare_with_the_peer_funds_listed_here\" title=\"How does it compare with the peer funds listed here?\">How does it compare with the peer funds listed here?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#What_is_the_minimum_SIP_amount\" title=\"What is the minimum SIP amount?\">What is the minimum SIP amount?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#What_is_the_risk_category_and_exit_load\" title=\"What is the risk category and exit load?\">What is the risk category and exit load?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Parameter<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b911.5383<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b92,173 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.17%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>24 Sep 2024<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91000<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Index Funds<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>NIL. No exit load after holding period.<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Aditya Pagaria<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Aditya Pagaria.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.52%<\/td>\n<td>-0.85%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>2.14%<\/td>\n<td>3.39%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.42%<\/td>\n<td>-2.29%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The most useful takeaway from the short-end numbers is that the fund has held up better than the benchmark over 1 month and 1 year, while trailing it over 3 months. That mix suggests the recent path has not been perfectly smooth, but the fund has still preserved a positive annual trend while the benchmark has been weaker over the same 1-year window.<\/p>\n<p>Because the scheme launched in September 2024, the 3-year and 5-year figures are not yet available for either the fund or the benchmark in a meaningful way. That makes the 1-year return the main guide for judging current behaviour, and it points to a fund that has produced modest positive compounding rather than sharp gains.<\/p>\n<p>The time pattern also looks relatively contained, which fits a debt index strategy tied to a specific maturity profile rather than a high-volatility market fund. For investors, that usually means the central question is less about chasing growth and more about whether the expected holding period and credit quality profile match their cash-flow and stability needs.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Axis_CRISIL-IBX_AAA_Bond_NBFC_%E2%80%93_Jun_2027_Index\"><\/span>Should you BUY or HOLD Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-g-direct-plan\">Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index Fund Direct Growth Plan<\/a><\/td>\n<td>6.4222%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-nasdaq-100-index-fund-g-direct-plan\">ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan<\/a><\/td>\n<td>35.235%<\/td>\n<td>31.2535%<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-nifty-capital-market-index-fund-g-direct-plan\">Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan<\/a><\/td>\n<td>32.3519%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-nifty-capital-markets-index-fund-g-direct-plan\">Tata Nifty Capital Markets Index Fund Direct Growth Plan<\/a><\/td>\n<td>32.0816%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/motilal-oswal-nifty-india-defence-index-fund-g-direct-plan\">Motilal Oswal Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>31.9037%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/aditya-birla-sl-nifty-india-defence-index-fund-g-direct-plan\">Aditya Birla SL Nifty India Defence Index Fund Direct Growth Plan<\/a><\/td>\n<td>31.8928%<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639. On the available 1-year figures, this fund\u2019s 6.4222% return is far lower than the equity-oriented peer returns listed here, which is consistent with its debt-focused profile rather than a growth-heavy one. The 3-year and 5-year columns do not yet add a deeper comparison for this scheme, so the peer picture remains largely a short-term one.<\/p>\n<p>That said, the gap between the fund and the other returns in this peer set does not by itself make the fund weaker in its own category context; it simply shows that the fund is playing a different role. For investors comparing across different types of index funds, the more relevant point is that this fund has delivered a much calmer return path than the equity peers in the table.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Market-cap distribution<\/strong><\/p>\n<table>\n<thead>\n<tr>\n<th>Market cap bucket<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Large cap<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Mid cap<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Small cap<\/td>\n<td>0%<\/td>\n<\/tr>\n<tr>\n<td>Other<\/td>\n<td>100%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table>\n<thead>\n<tr>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<th>Top holdings<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>CORPORATE DEBT<\/td>\n<td>93.47%<\/td>\n<td>8.12% KOTAK MAHINDRA PRIME LIMITED (21\/06\/2027) ** &#8211; 11.08%; 8.285% TATA CAPITAL LIMITED (10\/05\/2027) ** &#8211; 10.48%<\/td>\n<\/tr>\n<tr>\n<td>CASH &amp; CASH EQUIVALENTS AND NET ASSETS<\/td>\n<td>4.84%<\/td>\n<td>CLEARING CORPORATION OF INDIA LTD &#8211; 3.68%; NET RECEIVABLES \/ (PAYABLES) &#8211; 1.16%<\/td>\n<\/tr>\n<tr>\n<td>COMMERCIAL PAPER<\/td>\n<td>1.68%<\/td>\n<td>SUNDARAM FINANCE LIMITED (10\/05\/2027) ** &#8211; 0.72%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The portfolio is entirely mapped to the \u201cOther\u201d bucket, which is consistent with a debt-index structure rather than an equity allocation. That means the market-cap labels do not tell a stock-style story here; the more important picture comes from the debt sectors and the individual issuers inside them.<\/p>\n<p>Corporate debt at 93.47% is materially larger than the rest of the portfolio, so it is likely to have the greatest influence on the fund\u2019s behaviour. Cash and cash equivalents, at 4.84%, provide a smaller buffer, while commercial paper is only 1.68%, so the overall shape remains heavily concentrated in debt instruments tied to the NBFC segment.<\/p>\n<p>Within that structure, the two largest named holdings each carry meaningful but not dominant weights, which suggests the portfolio is still spread across multiple instruments rather than relying on a single issuer. In practical terms, that can keep the fund\u2019s outcome closely aligned with the maturity and credit profile of the underlying debt basket.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund fits investors who are comfortable with a Balanced Risk profile and want a debt-oriented index strategy that aims for steadier movement than equity funds. The 1-year return is positive, but the available longer-horizon figures are not yet meaningful, so the investment case is built more on portfolio structure and maturity profile than on a long performance record.<\/p>\n<p>It may suit an investor with a medium-term holding horizon who values predictable exposure to AAA corporate debt over aggressive growth. The main trade-off is that the fund can offer a calmer path, but that also means it is unlikely to behave like higher-growth index funds that appear in the peer set.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load<\/strong><\/p>\n<ul>\n<li>NIL.<\/li>\n<li>No exit load after holding period.<\/li>\n<\/ul>\n<p class=\"mf-source-date\"><small>Source data date: as of 28 Aug 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_current_NAV_of_Axis_CRISIL-IBX_AAA_Bond_NBFC_%E2%80%93_Jun_2027_Index_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b911.5383 as of 28 Aug 2026.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_1-year_3-year_and_5-year_returns\"><\/span>What are the fund\u2019s 1-year, 3-year and 5-year returns?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund\u2019s 1-year return is 6.4222%, while the 3-year and 5-year returns are Data not available in a meaningful way for this scheme\u2019s current track record.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_performed_versus_the_benchmark\"><\/span>How has the fund performed versus the benchmark?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Over 1 year, the fund returned 6.42% compared with -2.29% for the benchmark. Over 3 months, the fund returned 2.14% versus 3.39% for the benchmark, so the short-term comparison has been mixed.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_it_compare_with_the_peer_funds_listed_here\"><\/span>How does it compare with the peer funds listed here?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its 1-year return of 6.4222% is much lower than the 1-year returns shown for the equity-oriented peer funds in the table. The comparison is useful mainly as a reminder that this fund plays a different role with a debt-focused profile.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_minimum_SIP_amount\"><\/span>What is the minimum SIP amount?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The minimum SIP amount is \u20b91000.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_is_the_risk_category_and_exit_load\"><\/span>What is the risk category and exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is in the Balanced Risk category. The exit load is NIL, and there is no exit load after the holding period.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund\u2019s recent return pattern is steadier than the benchmark over 1 year, but the shorter 3-month comparison is less strong, so the near-term picture is mixed. Against the peer returns shown here, it sits in a very different return band because of its debt-focused mandate. The portfolio is heavily concentrated in corporate debt, which is likely to shape outcomes more than the smaller cash and commercial paper pockets. That makes the fund more relevant for investors seeking a measured, debt-led exposure than for those looking for equity-style upside.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 31 August 2026 at 5:41 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund Direct Growth Plan\",\"identifier\":\"axis-crisil-ibx-aaa-bond-nbfc-jun-2027-index-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"24 Sep 2024\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":11.5383,\"valueReference\":\"as of 28 Aug 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"2173 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.17\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.4222},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Aditya Pagaria\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b911.5383 as of 28 Aug 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year return is 6.4222%, while the 3-year and 5-year returns are Data not available in a meaningful way for this scheme\u2019s current track record.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed versus the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Over 1 year, the fund returned 6.42% compared with -2.29% for the benchmark. 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The exit load is NIL, and there is no exit load after the holding period.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Person\",\"name\":\"{{ANALYST_NAME}}\",\"affiliation\":{\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\"},\"description\":\"Uniapps Investment Adviser Pvt. Ltd. \u2014 SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Axis CRISIL-IBX AAA Bond NBFC &#8211; Jun 2027 Index Fund Direct Growth Plan has a \u20b911.5383 NAV, 6.4222% 1Y return and a debt-heavy corporate portfolio as of 28 Aug 2026.<\/p>\n","protected":false},"author":29,"featured_media":224855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224856","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["224855"],"rank_math_title":["Axis CRISIL-IBX AAA Fund Review | NAV &amp; Returns"],"rank_math_description":["Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund Direct Growth Plan NAV is \u20b911.5383; 1Y return is 6.4222%. 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