{"id":249609,"date":"2026-09-16T14:51:25","date_gmt":"2026-09-16T09:21:25","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-index-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T14:51:25","modified_gmt":"2026-09-16T09:21:25","slug":"icici-pru-crisil-ibx-financial-services-3-6-months-debt-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-index-fund-direct-growth-review-2026\/","title":{"rendered":"ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-index-fund-g-direct-plan\">ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Plan<\/a> currently has a NAV of \u20b911.0937 as of 15 Sep 2026 and scheme AUM of \u20b9533 Cr. Its 1-year, 3-year and 5-year returns are 6.99%, Data not available and Data not available, while the risk category is Balanced Risk. In our view, this is a short-duration debt index fund that has held up better over the last year than its benchmark, but it still needs to be read as a steadier income-oriented option rather than a high-acceleration return story.<\/p>\n<p>The fund\u2019s short history, balanced-risk tag and portfolio mix point to a relatively moderate outcome profile, with performance that has been stable enough to merit attention for investors who want debt-market exposure without chasing aggressive swings.<\/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\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-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\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-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\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_ICICI_Pru_CRISIL-IBX_Financial_Services_3-6_Months_Debt_Index\" title=\"Should you BUY or HOLD ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index?\">Should you BUY or HOLD ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt 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\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-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\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-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\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-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\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-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\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-index-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-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-10\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-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-11\" href=\"https:\/\/univest.in\/blogs-2\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-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>\u20b911.0937 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b9533 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.09%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>19 Mar 2025<\/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>Darshil Dedhia, Nikhil Kabra<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Darshil Dedhia and Nikhil Kabra.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 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>0.48%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.85%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.99%<\/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 short-term picture is better than the benchmark. Over 1 month and 3 months, the fund has stayed marginally positive while the benchmark has been negative, which tells us the fund has been more resilient in a weak market patch.<\/p>\n<p>The 1-year figure strengthens that view. A 6.99% return against a negative benchmark outcome suggests that the portfolio has carried its own income profile better than the broad comparison index over the same stretch.<\/p>\n<p>That said, the live pattern is still fairly measured rather than explosive. The month-to-month path shows small gains and limited drawdowns, which is consistent with a debt-oriented structure where stability matters more than sharp upside. Our view is that the recent behaviour looks smoother than the benchmark, but not in a way that changes the fund\u2019s basic conservative income-led character.<\/p>\n<p>Because the fund launched in March 2025, there is not yet a full 3-year or 5-year return record to read across. For that reason, we place more weight on the available 1-year and near-term track record when thinking about how the fund has behaved so far.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 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_ICICI_Pru_CRISIL-IBX_Financial_Services_3-6_Months_Debt_Index\"><\/span>Should you BUY or HOLD ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt 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 ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt 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\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-index-fund-g-direct-plan\">ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Plan<\/a><\/td>\n<td>6.99%<\/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>On available 1-year figures, this fund trails the stronger return numbers in the peer set, especially the equity-oriented index funds that have posted much higher gains. That is not unusual for a short-duration debt strategy, but it does mean the fund\u2019s recent return profile looks much more restrained than the higher-octane peers.<\/p>\n<p>The bigger gap is that the fund does not yet have a 3-year or 5-year record to compare with longer-established peers. Where longer histories are available, some peers show much stronger compounding, while this fund\u2019s newer track record remains limited to the one-year window. The short-term and longer-term stories therefore differ: the fund looks steady on a near-term basis, but the peer table does not yet give it the same depth of history.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 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>Bajaj Finance Ltd. **<\/td>\n<td>Commercial Paper<\/td>\n<td>13.89%<\/td>\n<\/tr>\n<tr>\n<td>6.4% LIC Housing Finance Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>11.23%<\/td>\n<\/tr>\n<tr>\n<td>Tata Capital Ltd. **<\/td>\n<td>Commercial Paper<\/td>\n<td>9.36%<\/td>\n<\/tr>\n<tr>\n<td>Bank of Baroda<\/td>\n<td>Certificate of Deposit<\/td>\n<td>9.23%<\/td>\n<\/tr>\n<tr>\n<td>TREPS<\/td>\n<td>Cash &#038; Cash Equivalents and Net Assets<\/td>\n<td>6.68%<\/td>\n<\/tr>\n<tr>\n<td>7.988% HDB Financial Services Ltd. **<\/td>\n<td>Corporate Debt<\/td>\n<td>6.58%<\/td>\n<\/tr>\n<tr>\n<td>8.95% Bharti Telecom Ltd. **<\/td>\n<td>Corporate Debt<\/td>\n<td>4.70%<\/td>\n<\/tr>\n<tr>\n<td>8.09% Kotak Mahindra Prime Ltd. **<\/td>\n<td>Corporate Debt<\/td>\n<td>4.69%<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Financial Security Ltd. **<\/td>\n<td>Commercial Paper<\/td>\n<td>4.62%<\/td>\n<\/tr>\n<tr>\n<td>Canara Bank<\/td>\n<td>Certificate of Deposit<\/td>\n<td>4.61%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top holding is Bajaj Finance Ltd. ** at 13.89%, which is large enough to matter, but not so large that one line item dominates the entire portfolio by itself. The next few holdings are also meaningful in size, so the portfolio appears built around a cluster of short-dated credit and cash-style positions rather than a single anchor.<\/p>\n<p>Weight then falls away gradually from the first holding to the tenth, from 13.89% down to 4.61%. That pattern suggests the fund may not be fully even across holdings, yet it is also not heavily skewed to just one or two positions. The top 10 holdings account for approximately 75.59% of the portfolio, and the fund discloses 20 holdings in total, so there is a visible tail beyond the largest names.<\/p>\n<p>In our view, this mix points to a portfolio where the larger positions could have greater influence on short-term outcomes, while the remaining holdings may help spread exposure across additional issuers and instruments. The blend of commercial paper, corporate debt, certificate of deposit and cash equivalents also supports the fund\u2019s comparatively steady profile.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-crisil-ibx-financial-services-3-6-months-debt-index-fund-g-direct-plan\">ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Plan<\/a> page<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 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 debt allocation and who want exposure to a short-duration index-style portfolio rather than an equity-led growth vehicle. The 1-year return has been positive, while the benchmark comparison has been weaker, so the main trade-off is stability over stronger upside.<\/p>\n<p>A medium-term horizon makes more sense than a very short holding period, because the portfolio is designed to work through a credit-and-cash mix rather than to jump sharply in value. Investors who want a smoother return pattern and who can accept that longer history is still limited may find the fund easier to understand than a more volatile category.<\/p>\n<p>Peer return comparisons also suggest that the fund is positioned on the restrained side of the return spectrum. That can appeal to investors who value steadiness, but it also means the fund is not a fit for someone looking for aggressive growth.<\/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 15 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<p><strong>What is the current NAV of ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Plan?<\/strong><br \/>Its NAV is \u20b911.0937 as of 15 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s recent returns?<\/strong><br \/>The fund\u2019s 1-year return is 6.99%. Its 3-year and 5-year returns are Data not available because the fund has a short live history.<\/p>\n<p><strong>How has it performed versus the benchmark?<\/strong><br \/>It has held up better than the benchmark across the available 1-month, 3-month and 1-year periods. The benchmark figures are negative over those same windows, while the fund stayed positive.<\/p>\n<p><strong>How does it compare with peer funds on 1-year returns?<\/strong><br \/>Its 1-year return is lower than several of the peer funds shown, especially the equity-oriented index funds with much higher gains. The fund\u2019s profile is more muted and debt-oriented.<\/p>\n<p><strong>What is the minimum SIP amount?<\/strong><br \/>The minimum SIP amount is \u20b91000.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>The fund is managed by Darshil Dedhia and Nikhil Kabra. There 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 fund has shown a steadier short-term pattern than its benchmark, but its longer-view history is still limited because it launched in 2025. Compared with peers on available return data, its 1-year figure is more restrained, which fits a short-duration debt strategy rather than an aggressive growth approach. The portfolio is fairly concentrated in a handful of larger credit and cash-style positions, yet it also spans 20 holdings in total. Our view is that it suits investors who want a balanced-risk, income-oriented allocation and can accept moderate returns in exchange for relative stability.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 2:49 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\":\"ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Plan\",\"identifier\":\"icici-pru-crisil-ibx-financial-services-3-6-months-debt-index-fund-g-direct-plan\",\"category\":\"Index Funds\",\"dateCreated\":\"19 Mar 2025\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":11.0937,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"533 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.09\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.99},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Darshil Dedhia, Nikhil Kabra\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its NAV is \u20b911.0937 as of 15 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s recent returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund\u2019s 1-year return is 6.99%. Its 3-year and 5-year returns are Data not available because the fund has a short live history.\"}},{\"@type\":\"Question\",\"name\":\"How has it performed versus the benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has held up better than the benchmark across the available 1-month, 3-month and 1-year periods. The benchmark figures are negative over those same windows, while the fund stayed positive.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with peer funds on 1-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its 1-year return is lower than several of the peer funds shown, especially the equity-oriented index funds with much higher gains. The fund\u2019s profile is more muted and debt-oriented.\"}},{\"@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 Darshil Dedhia and Nikhil Kabra. There 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>ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Plan has a \u20b911.0937 NAV as of 15 Sep 2026, \u20b9533 Cr AUM and 6.99% 1-year return.<\/p>\n","protected":false},"author":38,"featured_media":249605,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-249609","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["249605"],"rank_math_title":["ICICI Pru CRISIL-IBX Fund Review 2026 | NAV &amp; Returns"],"rank_math_description":["ICICI Pru CRISIL-IBX Fund NAV is \u20b911.0937 as of 15 Sep 2026; 1-year return is 6.99%. Read the review."],"rank_math_focus_keyword":["ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt 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\/ICICI_Pru_CRISIL_IBX_Financial_Services_3_6_Months_Debt_Index_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Shoul_neutral.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249609","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=249609"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249609\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/249605"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=249609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=249609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=249609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}