{"id":252082,"date":"2026-09-17T11:42:18","date_gmt":"2026-09-17T06:12:18","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-direct-growth-review-2026\/"},"modified":"2026-09-17T11:42:18","modified_gmt":"2026-09-17T06:12:18","slug":"kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-direct-growth-review-2026\/","title":{"rendered":"Kotak CRISIL-IBX Financial Services 9 to 12 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\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-g-direct-plan\">Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth Plan<\/a> currently has a NAV of \u20b910.6287 as of 16 Sep 2026 and scheme AUM of \u20b91,055 Cr. Its 1-year, 3-year and 5-year returns are 0%, 0% and 0% respectively, and the scheme carries a Balanced Risk label. Our view is that this is a narrowly targeted debt index fund that may suit investors looking for a short-duration, portfolio-oriented debt allocation rather than a return profile that is already proven across longer periods.<\/p>\n<p>The fund\u2019s recent movement has been modest, with gains visible over the latest 1-month and 3-month windows, while the benchmark has been weaker over the same stretches. That makes the near-term picture more constructive than the long-run headline history, but the scheme is still too young for meaningful 3-year or 5-year track records. For investors, the main question is whether the focused credit exposure and low-cost structure fit the role they want this fund to play inside a broader allocation.<\/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\/kotak-crisil-ibx-financial-services-9-to-12-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\/kotak-crisil-ibx-financial-services-9-to-12-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\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Kotak_CRISIL-IBX_Financial_Services_9_to_12_Months_Debt_Index\" title=\"Should you BUY or HOLD Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index?\">Should you BUY or HOLD Kotak CRISIL-IBX Financial Services 9 to 12 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\/kotak-crisil-ibx-financial-services-9-to-12-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\/kotak-crisil-ibx-financial-services-9-to-12-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\/kotak-crisil-ibx-financial-services-9-to-12-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\/kotak-crisil-ibx-financial-services-9-to-12-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\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-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\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-direct-growth-review-2026\/#What_is_the_current_NAV_of_Kotak_CRISIL-IBX_Financial_Services_9_to_12_Months_Debt_Index_Fund_Direct_Growth_Plan\" title=\"What is the current NAV of Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth Plan?\">What is the current NAV of Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt 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\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-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\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-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\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-direct-growth-review-2026\/#How_does_the_fund_compare_with_peer_funds_on_available_return_data\" title=\"How does the fund compare with peer funds on available return data?\">How does the fund compare with peer funds on available return data?<\/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\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-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\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-direct-growth-review-2026\/#What_are_the_funds_risk_label_portfolio_concentration_and_exit_load\" title=\"What are the fund\u2019s risk label, portfolio concentration and exit load?\">What are the fund\u2019s risk label, portfolio concentration 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\/kotak-crisil-ibx-financial-services-9-to-12-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-16\" href=\"https:\/\/univest.in\/blogs-2\/kotak-crisil-ibx-financial-services-9-to-12-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-17\" href=\"https:\/\/univest.in\/blogs-2\/kotak-crisil-ibx-financial-services-9-to-12-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>\u20b910.6287 as of 16 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b91,055 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.12%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>24 Sep 2025<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/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>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Manu Sharma<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Manu Sharma.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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>-4.41%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.91%<\/td>\n<td>-3.60%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>Data not available<\/td>\n<td>Data not available<\/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>In the latest 1-month and 3-month periods, the fund has stayed slightly positive while the benchmark has been negative. That is a useful sign for a debt-oriented product, because it suggests the portfolio has been relatively steady through a weak benchmark patch.<\/p>\n<p>The short windows matter here because the fund launched only in September 2025, so the longer return horizon is not yet meaningful in a track-record sense. The 1-year, 3-year and 5-year figures are therefore not available, and the fund should be read more as a new live portfolio than as a seasoned long-history compounder.<\/p>\n<p>The recent pattern is better than the benchmark\u2019s, but the magnitude is still small. That tells us the fund has been defensive rather than strongly growth-led, which is consistent with a short-tenor debt index strategy where stability generally matters more than sharp upside.<\/p>\n<p>Over a longer observation window, the fund has not yet established a multi-year return path that can be compared with the benchmark in a traditional way. For now, the more relevant question is whether the recent steadiness continues while the portfolio matures.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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_Kotak_CRISIL-IBX_Financial_Services_9_to_12_Months_Debt_Index\"><\/span>Should you BUY or HOLD Kotak CRISIL-IBX Financial Services 9 to 12 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 Kotak CRISIL-IBX Financial Services 9 to 12 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\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-g-direct-plan\">Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth Plan<\/a><\/td>\n<td>Data not available<\/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\/baroda-bnp-paribas-gold-etf-fof-g-direct-plan\">Baroda BNP Paribas Gold ETF FoF Direct Growth Plan<\/a><\/td>\n<td>34.39%<\/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\/hdfc-innovation-fund-g-direct-plan\">HDFC Innovation Fund Direct Growth Plan<\/a><\/td>\n<td>14.3%<\/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\/bajaj-finserv-small-cap-fund-g-direct-plan\">Bajaj Finserv Small Cap Fund Direct Growth Plan<\/a><\/td>\n<td>13.33%<\/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\/quant-equity-savings-fund-g-direct-plan\">Quant Equity Savings Fund Direct Growth Plan<\/a><\/td>\n<td>8.75%<\/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\/kotak-active-momentum-fund-g-direct-plan\">Kotak Active Momentum Fund Direct Growth Plan<\/a><\/td>\n<td>6.31%<\/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. The fund\u2019s short-term return profile is materially below the better 1-year figures in this peer set, but that is not a fair full comparison because the available peer universe here is dominated by categories with very different return behavior. What matters more is that this fund has no multi-year record yet, so its near-term steadiness is the main signal available. Against peers with accessible 1-year data, it looks subdued rather than standout on upside, while the lack of 3-year and 5-year figures leaves the longer comparison incomplete.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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>HDFC Bank Ltd.**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>11.46%<\/td>\n<\/tr>\n<tr>\n<td>7.71% REC Ltd**<\/td>\n<td>Corporate Debt<\/td>\n<td>9.49%<\/td>\n<\/tr>\n<tr>\n<td>7.8% National Bank for Agriculture &#038; Rural Development<\/td>\n<td>Corporate Debt<\/td>\n<td>9.49%<\/td>\n<\/tr>\n<tr>\n<td>Bank of Baroda**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>9.22%<\/td>\n<\/tr>\n<tr>\n<td>Bajaj Housing Finance Ltd.**<\/td>\n<td>Commercial Paper<\/td>\n<td>9.14%<\/td>\n<\/tr>\n<tr>\n<td>7.73% LIC Housing Finance Ltd.<\/td>\n<td>Corporate Debt<\/td>\n<td>7.11%<\/td>\n<\/tr>\n<tr>\n<td>Tata Capital Ltd.**<\/td>\n<td>Commercial Paper<\/td>\n<td>6.85%<\/td>\n<\/tr>\n<tr>\n<td>8.3% Tata Capital Ltd.**<\/td>\n<td>Corporate Debt<\/td>\n<td>4.75%<\/td>\n<\/tr>\n<tr>\n<td>Indian Bank<\/td>\n<td>Certificate of Deposit<\/td>\n<td>4.6%<\/td>\n<\/tr>\n<tr>\n<td>Punjab National Bank**<\/td>\n<td>Certificate of Deposit<\/td>\n<td>4.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top 10 holdings account for approximately 76.69% of the portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-g-direct-plan\">Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth Plan<\/a> page<\/p>\n<p>The largest holding is HDFC Bank Ltd.** at 11.46%, which is a meaningful but not dominant single position. After that, the weights remain fairly close together for much of the top bucket, with several holdings clustered between roughly 9% and 7% and then tapering toward the mid-4% range by the tenth name. That pattern suggests the portfolio may not depend on only one or two positions.<\/p>\n<p>At the same time, the top 10 together represent 76.69% of the disclosed portfolio, so the fund does have a fairly concentrated visible core even though it also shows a longer tail beyond the top positions. Because 19 holdings are disclosed in total and more holdings exist beyond the first ten, the portfolio appears to spread risk across several issuers while still keeping a large share in a limited set of instruments. For a short-duration debt strategy, that balance may help keep the fund relatively focused without making any one holding overwhelming.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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 moderate risk label and want a short-horizon debt allocation rather than an equity-style growth profile. The recent return pattern has been steady and slightly positive, but the absence of multi-year performance history means the fund has not yet proved itself across a full market cycle.<\/p>\n<p>It can fit better as a portfolio building block than as a standalone return driver. Investors who prefer lower-cost exposure, can live with concentrated issuer exposure in the disclosed holdings, and are comfortable with benchmark-linked debt behaviour may find the risk-reward trade-off acceptable.<\/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> No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 16 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_Kotak_CRISIL-IBX_Financial_Services_9_to_12_Months_Debt_Index_Fund_Direct_Growth_Plan\"><\/span>What is the current NAV of Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth Plan?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The current NAV is \u20b910.6287 as of 16 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 1-year, 3-year and 5-year returns are Data not available, Data not available and Data not available. The scheme was launched on 24 Sep 2025, so a long track record is not yet 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>It has been slightly positive over 1 month and 3 months, while the benchmark was negative over the same periods. That points to a steadier recent pattern than the benchmark.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"How_does_the_fund_compare_with_peer_funds_on_available_return_data\"><\/span>How does the fund compare with peer funds on available return data?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Its available 1-year return is not comparable with the shorter live history, while several peers in the comparison table show positive 1-year numbers. The longer return fields are not available for either this fund or those peers in the table.<\/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 \u20b9100.<\/p>\n<h3 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"What_are_the_funds_risk_label_portfolio_concentration_and_exit_load\"><\/span>What are the fund\u2019s risk label, portfolio concentration and exit load?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The fund carries a Balanced Risk label. The top 10 holdings account for approximately 76.69% of the portfolio, and the scheme has 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\u2019s recent performance is steadier than its benchmark over the latest short windows, but it still lacks a meaningful multi-year return history. Compared with the available peer figures, it does not stand out on the shown 1-year numbers, and the longer comparison is incomplete because those figures are not available. The portfolio is fairly concentrated in a handful of disclosed holdings, yet it also extends beyond the top names. Overall, it looks more suitable for investors seeking a short-duration debt sleeve with moderate risk and low expense drag than for anyone expecting a long, proven return record.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 17 September 2026 at 11:40 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\":\"Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth Plan\",\"identifier\":\"kotak-crisil-ibx-financial-services-9-to-12-months-debt-index-fund-g-direct-plan\",\"dateCreated\":\"24 Sep 2025\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":10.6287,\"valueReference\":\"as of 16 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"1055 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.12\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":0},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Manu Sharma\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The current NAV is \u20b910.6287 as of 16 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The 1-year, 3-year and 5-year returns are Data not available, Data not available and Data not available. The scheme was launched on 24 Sep 2025, so a long track record is not yet available.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed versus its benchmark recently?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has been slightly positive over 1 month and 3 months, while the benchmark was negative over the same periods. That points to a steadier recent pattern than the benchmark.\"}},{\"@type\":\"Question\",\"name\":\"How does the fund compare with peer funds on available return data?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its available 1-year return is not comparable with the shorter live history, while several peers in the comparison table show positive 1-year numbers. The longer return fields are not available for either this fund or those peers in the table.\"}},{\"@type\":\"Question\",\"name\":\"What is the minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s risk label, portfolio concentration and exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund carries a Balanced Risk label. The top 10 holdings account for approximately 76.69% of the portfolio, and the scheme has 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>Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund Direct Growth Plan has a NAV of \u20b910.6287 as of 16 Sep 2026, AUM of \u20b91,055 Cr and a Balanced Risk label. Its short-term returns are slightly positive, but it has no meaningful multi-year track record yet.<\/p>\n","protected":false},"author":38,"featured_media":252080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-252082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["252080"],"rank_math_title":["Kotak CRISIL-IBX Debt Fund Review 2026"],"rank_math_description":["Kotak CRISIL-IBX Debt Fund NAV is \u20b910.6287 as of 16 Sep 2026. Read our review of returns, portfolio and fit."],"rank_math_focus_keyword":["Kotak CRISIL-IBX Financial Services 9 to 12 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\/Kotak_CRISIL_IBX_Financial_Services_9_to_12_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\/252082","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=252082"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/252082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/252080"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=252082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=252082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=252082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}