{"id":224858,"date":"2026-08-31T17:47:52","date_gmt":"2026-08-31T12:17:52","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-hfc-jun-2027-index-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T09:31:59","modified_gmt":"2026-09-16T04:01:59","slug":"axis-crisil-ibx-aaa-bond-nbfc-hfc-jun-2027-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/axis-crisil-ibx-aaa-bond-nbfc-hfc-jun-2027-index-fund-direct-growth-review-2026\/","title":{"rendered":"Axis CRISIL-IBX AAA Bond NBFC-HFC &#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-hfc-jun-2027-index-fund-g-direct-plan\">Axis CRISIL-IBX AAA Bond NBFC-HFC &#8211; Jun 2027 Index Fund Direct Growth Plan<\/a> has a NAV of \u20b911.328 as of 11 Sep 2026 and a scheme AUM of \u20b97 Cr. Its 1-year, 3-year and 5-year returns are 6.28%, 0% and 0%, respectively, and the scheme sits in the Balanced Risk category.<\/p>\n<p>Our view is that this is a short-dated index fund with a concentrated corporate-debt book, so it may suit investors who are comfortable with a relatively narrow issuer mix and want a defined-maturity style exposure rather than a broad market allocation. The benchmark has been weaker over the same recent periods, but the fund\u2019s own return history is still short and uneven.<\/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-hfc-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-hfc-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-hfc-jun-2027-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Axis_CRISIL-IBX_AAA_Bond_NBFC-HFC_%E2%80%93_Jun_2027_Index\" title=\"Should you BUY or HOLD Axis CRISIL-IBX AAA Bond NBFC-HFC &#8211; Jun 2027 Index?\">Should you BUY or HOLD Axis CRISIL-IBX AAA Bond NBFC-HFC &#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-hfc-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-hfc-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-hfc-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-hfc-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-hfc-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-hfc-jun-2027-index-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Axis_CRISIL-IBX_AAA_Bond_NBFC-HFC_%E2%80%93_Jun_2027_Index_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Axis CRISIL-IBX AAA Bond NBFC-HFC &#8211; Jun 2027 Index Fund Direct Growth Plan?\">What is the current NAV of Axis CRISIL-IBX AAA Bond NBFC-HFC &#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-hfc-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-hfc-jun-2027-index-fund-direct-growth-review-2026\/#How_has_the_fund_performed_versus_its_benchmark_recently\" title=\"How has the fund performed versus its benchmark recently?\">How has the fund performed versus its benchmark recently?<\/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-hfc-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-hfc-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-hfc-jun-2027-index-fund-direct-growth-review-2026\/#Who_manages_the_fund_and_what_is_the_exit_load\" title=\"Who manages the fund, and what is the exit load?\">Who manages the fund, and what is the 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-hfc-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-hfc-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-hfc-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>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b911.328 as of 11 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b97 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.15%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>11 Dec 2024<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b91,000<\/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>No exit load<\/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 11 Sep 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>0.37%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.63%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.28%<\/td>\n<td>-8.27%<\/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 recent pattern is steady rather than dramatic. Over 1 month and 3 months, the fund has remained slightly positive while the benchmark has been negative, which tells us the portfolio has held up better in the most recent stretch.<\/p>\n<p>The 1-year figure is also positive at 6.28%, and that is a meaningful contrast with the benchmark\u2019s -8.27% over the same period. Our view is that the fund has been more resilient than the benchmark across every available horizon, even though the benchmark itself is a poor fit for judging a short-dated corporate-debt strategy.<\/p>\n<p>The chart pattern also suggests a gradual rather than explosive compounding path. We do not see sharp drawdowns in the fund\u2019s recent trail, but we also do not see a long public history here, so investors should read the current numbers as a snapshot of a young scheme rather than a full cycle record.<\/p>\n<p>Because the scheme was launched in late 2024, the 3-year and 5-year return fields are not yet meaningful for comparison. That makes the 1-year and shorter-period behaviour more important for judging how the fund has been moving so far.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 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-HFC_%E2%80%93_Jun_2027_Index\"><\/span>Should you BUY or HOLD Axis CRISIL-IBX AAA Bond NBFC-HFC &#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-HFC &#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-hfc-jun-2027-index-fund-g-direct-plan\">Axis CRISIL-IBX AAA Bond NBFC-HFC &#8211; Jun 2027 Index Fund Direct Growth Plan<\/a><\/td>\n<td>6.28%<\/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>32.61%<\/td>\n<td>29.92%<\/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>25.91%<\/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-capital-market-index-fund-g-direct-plan\">Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan<\/a><\/td>\n<td>21.71%<\/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-midsmall-financial-services-index-fund-g-direct-plan\">Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan<\/a><\/td>\n<td>20.15%<\/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-nifty-pharma-index-fund-g-direct-plan\">ICICI Pru Nifty Pharma Index Fund Direct Growth Plan<\/a><\/td>\n<td>18.11%<\/td>\n<td>18.92%<\/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.<\/p>\n<p>Against the listed peers, the fund\u2019s 1-year return is much lower than the equity-oriented comparators shown here. That does not automatically make the scheme weak; it reflects that the peer set is largely built around very different risk and return profiles.<\/p>\n<p>For the longer periods where figures are available, some peers show materially higher 3-year returns, while the current fund has no 3-year or 5-year track record yet. So the short-term comparison and the longer-term comparison tell different stories: the fund has been steady in recent months, but the peer group includes schemes with much stronger multi-year histories.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 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<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>8.24% L&amp;T Finance Limited (16\/06\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>13.15%<\/td>\n<\/tr>\n<tr>\n<td>7.7% Bajaj Housing Finance Limited (21\/05\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>13.11%<\/td>\n<\/tr>\n<tr>\n<td>8.25% Mahindra &amp; Mahindra Financial Services Limited (25\/03\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>9.86%<\/td>\n<\/tr>\n<tr>\n<td>8.33% Aditya Birla Capital Limited (19\/05\/2027)<\/td>\n<td>Corporate Debt<\/td>\n<td>6.58%<\/td>\n<\/tr>\n<tr>\n<td>8.3324% HDB Financial Services Limited (10\/05\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>6.58%<\/td>\n<\/tr>\n<tr>\n<td>8.3774% Kotak Mahindra Investments Limited (21\/06\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>6.58%<\/td>\n<\/tr>\n<tr>\n<td>8.0409% Tata Capital Housing Finance Limited (19\/03\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>6.57%<\/td>\n<\/tr>\n<tr>\n<td>8.12% Sundaram Finance Limited (21\/06\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>6.57%<\/td>\n<\/tr>\n<tr>\n<td>8.285% Tata Capital Limited (10\/05\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>6.57%<\/td>\n<\/tr>\n<tr>\n<td>7.8350% LIC Housing Finance Limited (11\/05\/2027) **<\/td>\n<td>Corporate Debt<\/td>\n<td>6.56%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The largest holding is 8.24% L&amp;T Finance Limited (16\/06\/2027) ** at 13.15%, so it is a meaningful single-line exposure but not an overwhelming one by itself. The gap from the first to the tenth holding is visible, yet it is not a cliff; the next several positions still sit in a fairly tight band around the mid-single digits.<\/p>\n<p>The top 10 holdings together account for approximately 82.13% of the portfolio, and the fund discloses 15 holdings in total. That suggests a portfolio where a relatively small number of corporate-debt positions may carry most of the influence, while the remaining holdings form a longer tail.<\/p>\n<p>Our view is that this structure can make individual issuer and maturity selection more important than broad diversification. It may also mean that changes in a few large positions are more likely to affect the fund\u2019s behaviour than in a more widely spread debt portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/axis-crisil-ibx-aaa-bond-nbfc-hfc-jun-2027-index-fund-g-direct-plan\">Axis CRISIL-IBX AAA Bond NBFC-HFC &#8211; Jun 2027 Index Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 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 may suit investors who are comfortable with a Balanced Risk profile and who can accept that the current history is still limited. The short-term return pattern has been positive, while the benchmark has been negative over the same recent periods, but there is not yet a long multi-cycle track record to lean on.<\/p>\n<p>It is better viewed with a medium-term perspective aligned to the scheme\u2019s short-dated bond exposure. The main trade-off is between a steadier corporate-debt style return path and the concentration that comes from holding a relatively small set of NBFC and HFC issuers.<\/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>Exit load: No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 11 Sep 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-HFC_%E2%80%93_Jun_2027_Index_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Axis CRISIL-IBX AAA Bond NBFC-HFC &#8211; Jun 2027 Index Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b911.328 as of 11 Sep 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 6.28%, while the 3-year and 5-year returns are Data not available.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_has_the_fund_performed_versus_its_benchmark_recently\"><\/span>How has the fund performed versus its benchmark recently?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund has been ahead of the benchmark over the available recent periods. For example, its 1-year return is 6.28% versus -8.27% for the benchmark.<\/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>The peer list contains several equity-oriented schemes with much higher 1-year and, in some cases, 3-year returns. This fund\u2019s recent return profile is steadier but much lower than those comparators.<\/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=\"Who_manages_the_fund_and_what_is_the_exit_load\"><\/span>Who manages the fund, and what is the exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund is managed by Aditya Pagaria, and the exit load is no exit load.<\/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 is a young, short-dated index fund whose recent returns have been positive and have held up better than the benchmark across the available periods. The peer set includes schemes with much stronger multi-year histories, while this fund itself still lacks a long record. Its portfolio is concentrated in corporate debt across a limited set of NBFC and HFC issuers, so investors may prefer it only if that structure fits their risk comfort and horizon.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 9:31 AM 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-HFC - Jun 2027 Index Fund Direct Growth Plan\",\"identifier\":\"axis-crisil-ibx-aaa-bond-nbfc-hfc-jun-2027-index-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"11 Dec 2024\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":11.328,\"valueReference\":\"as of 11 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"7 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.15\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.28},{\"@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-HFC - Jun 2027 Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b911.328 as of 11 Sep 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 6.28%, while the 3-year and 5-year returns are Data not available.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed versus its benchmark recently?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund has been ahead of the benchmark over the available recent periods. For example, its 1-year return is 6.28% versus -8.27% for the benchmark.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer funds listed here?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The peer list contains several equity-oriented schemes with much higher 1-year and, in some cases, 3-year returns. This fund\u2019s recent return profile is steadier but much lower than those comparators.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b91000.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund, and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Aditya Pagaria, and the exit load is no exit load.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Axis CRISIL-IBX AAA Bond NBFC-HFC &#8211; Jun 2027 Index Fund Direct Growth Plan has a NAV of \u20b911.328 as of 11 Sep 2026 and a 1-year return of 6.28%.<\/p>\n","protected":false},"author":38,"featured_media":247764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-224858","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["247764"],"rank_math_title":["Axis AAA Bond Jun 2027 Fund: NAV &amp; Review"],"rank_math_description":["Axis CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund Direct Growth Plan has a NAV of \u20b911.328 and 1Y return of 6.28%."],"rank_math_focus_keyword":["Axis CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Axis_CRISIL_IBX_AAA_Bond_NBFC_HFC_Jun_2027_Index_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224858","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=224858"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224858\/revisions"}],"predecessor-version":[{"id":247766,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/224858\/revisions\/247766"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/247764"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=224858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=224858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=224858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}