Edelweiss CRISIL-IBX AAA Bond NBFC-HFC-Jun 2027 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?

Edelweiss CRISIL-IBX AAA Bond NBFC-HFC-Jun 2027 Index Fund Direct Growth Plan has a current NAV of ₹11.2383 as of 15 Sep 2026 and scheme AUM of ₹81 Cr. Its 1-year, 3-year and 5-year returns are 6.65%, 0% and 0%, and the risk category is Balanced Risk.

Our view is that this is a short-duration, quality-credit-oriented index fund with a narrow maturity profile and modest tracking history. The return pattern is steadier over 1 year than over longer periods, but the fund still sits in an early stage of its life, so the longer-dated figures need to be read with that limited history in mind.

Quick facts

Particular	Details
NAV	₹11.2383 as of 15 Sep 2026
AUM	₹81 Cr
Expense Ratio	0.14%
Launch Date	18 Feb 2025
Min SIP	₹100
Risk Category	Balanced Risk
Benchmark	Nifty 50
Fund Category	Index Funds
Exit Load	0.10% on or before 30D, Nil after 30D
Fund Managers	Dhawal Dalal, Hetul Raval

The fund is managed by Dhawal Dalal and Hetul Raval.

Source data date: as of 15 Sep 2026

Performance

Period	Fund return	Benchmark return
1M	0.41%	-4.81%
3M	1.82%	-3.63%
1Y	6.65%	-8.27%
3Y	Data not available	Data not available
5Y	Data not available	Data not available

Over the most recent month and quarter, the fund stayed in positive territory while the benchmark was negative. That gap matters because it suggests the portfolio has been less exposed to the swings that weighed on the benchmark during the same periods.

The 1-year figure is also positive at 6.65%, while the benchmark is negative over the same horizon. That gives the fund a clear edge on the available trailing period, although the comparison is against a benchmark that has had a difficult year rather than a rising market.

The short history of the scheme limits how much we can lean on long-run compounding, but the pattern so far is more controlled than erratic. The monthly and quarterly data show small upward moves rather than large jumps, which is consistent with a portfolio built around AAA-quality NBFC and HFC debt instruments maturing around June 2027.

For investors, that profile points to steadier income-style behaviour rather than strong capital appreciation. The main question is not whether it can match equity-like gains, but whether its relatively calm path and low expense ratio are enough to suit a conservative debt allocation.

Source data date: as of 15 Sep 2026

Should you BUY or HOLD Edelweiss CRISIL-IBX AAA Bond NBFC-HFC-Jun 2027 Index?

A fund's past returns alone don't tell you whether you should buy it today or continue holding it.

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.

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Peer comparison

Fund	1Y return	3Y return	5Y return
Edelweiss CRISIL-IBX AAA Bond NBFC-HFC-Jun 2027 Index Fund Direct Growth Plan	6.65%	Data not available	Data not available
ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan	32.61%	29.92%	Data not available
Tata Nifty Capital Markets Index Fund Direct Growth Plan	25.91%	Data not available	Data not available
Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan	21.71%	Data not available	Data not available
Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan	20.15%	Data not available	Data not available
ICICI Pru Nifty Pharma Index Fund Direct Growth Plan	18.11%	18.92%	Data not available

This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.

Against the peer set, this fund’s 1-year return is much lower than the growth-focused funds listed here. That is not surprising, because the peers shown are equity-oriented index strategies, while this scheme is a debt index fund with a very different return profile and risk pattern.

What stands out more is the absence of meaningful 3-year and 5-year records for this fund, so the peer comparison is not a like-for-like long-history test. The available figures still show that the fund has been steadier than the equity peers over the latest month and year, but the trade-off is a much lower return profile.

For investors reading this section, the comparison says more about strategy type than about simple outperformance. The fund looks built for stability and credit quality, while the peers listed here are built for higher growth potential and come with very different return behaviour.

Source data date: as of 15 Sep 2026

Portfolio: where your money goes

Holding	Sector	Weight
8.33% Aditya Birla Cap SR L1 NCD19-05-27	Corporate Debt	12.36%
7.8989% Aditya Birla HSG SR K2 08-06-27**	Corporate Debt	9.85%
8.30% SMFG Ind CRD SR109 Op I R 30-06-27**	Corporate Debt	6.18%
8.35% Axis Fin SR 14 NCD Op B 07-05-27**	Corporate Debt	6.18%
7.90% LIC HSG Fin TR421 NCD R 23-06-2027**	Corporate Debt	6.17%
8.12% Kotak Mah Prime TR Gid01 R21-06-27**	Corporate Debt	6.17%
8.2378% HDB Fin Ser SR 207 R 06-04-27	Corporate Debt	6.17%
8.24% L&T Fin Ltd SR J NCD Red 16-06-27**	Corporate Debt	6.17%
8.25% Mah & Mah Fin SR Red 25-03-2027**	Corporate Debt	6.17%
8.285% Tata Capital Ltd NCD 10-05-2027**	Corporate Debt	6.17%

The top 10 holdings account for approximately 71.59% of the portfolio.

To see all holdings, visit the Edelweiss CRISIL-IBX AAA Bond NBFC-HFC-Jun 2027 Index Fund Direct Growth Plan page

The largest holding at 12.36% is meaningful on its own, but it is not so large that the portfolio depends on a single issuer. The weight then steps down to 9.85% and clusters in a narrow band around 6.17% to 6.18% for most of the remaining top names, which suggests a controlled spread across issuers rather than a highly top-heavy structure.

Because the top 10 positions together account for 71.59% and the scheme discloses 16 holdings in total, the visible part of the portfolio may have a fairly concentrated core with a longer tail behind it. That mix could help keep issuer-specific outcomes from dominating the fund, while still allowing the larger positions to matter more than the smaller ones.

The entire visible book sits in Corporate Debt, so the portfolio story here is about credit selection and maturity profile rather than sector rotation. For a debt index fund, that makes the concentration profile easier to read: the fund is likely to have greater influence from a handful of larger bond positions, but the drop-off from first to tenth holding is measured rather than abrupt.

Source data date: as of 15 Sep 2026

Who should invest

This fund is better suited to investors who want a debt-oriented allocation and can accept Balanced Risk rather than very low volatility. The recent return pattern is stable and positive, but the longer-dated record is too short to treat it as a full cycle test.

The benchmark comparison shows the fund has held up better over the available recent periods, while the peer table highlights that its return profile is far below equity index funds. That trade-off is important: investors may get more stability and credit-quality discipline, but they should not expect equity-style upside.

A medium-term horizon fits the structure better than a short trading view. The portfolio is built around bonds maturing around 2027, so the fund is most relevant for investors who are comfortable holding a debt strategy through its intended maturity window and who value steadier behaviour over higher return ambition.

Tax and exit load

Holding period	Tax rate	Description
Units held less than 1 year	20%	Short-term capital gains tax
Units held more than 1 year	12.5%	Long-term capital gains tax

Exit load: 0.10% on or before 30D, Nil after 30D.

Source data date: as of 15 Sep 2026

Frequently asked questions

What is the current NAV of Edelweiss CRISIL-IBX AAA Bond NBFC-HFC-Jun 2027 Index Fund Direct Growth Plan?
The current NAV is ₹11.2383 as of 15 Sep 2026.

What are the fund’s 1-year, 3-year and 5-year returns?
Its 1-year return is 6.65%, while the 3-year and 5-year returns are Data not available in the visible history.

How has the fund done versus its benchmark?
It has outpaced the benchmark over the available 1-month, 3-month and 1-year periods. The benchmark figures over those same horizons are negative, while the fund stays positive.

How does it compare with the peer funds listed here?
Its 1-year return is lower than the equity-oriented peer funds shown, but the comparison is not a like-for-like test because this scheme is a debt index fund. The fund has been steadier over the short term than those peers.

Is there a minimum SIP amount?
Yes. The minimum SIP amount is ₹100.

Who manages the fund and what is the exit load?
The fund is managed by Dhawal Dalal and Hetul Raval. The exit load is 0.10% on or before 30D, and nil after 30D.

Bottom line

This fund’s recent performance is steadier than its limited longer-history record can fully prove, and it has held up better than the benchmark over the available periods. The peer set in this article is largely equity-oriented, so the fund’s lower return profile is best read as part of its debt-oriented design rather than a weakness. With Balanced Risk, a concentrated corporate-debt core and a short maturity profile, it suits investors looking for a steadier allocation rather than strong capital growth.

Published on 16 September 2026 at 2:05 PM IST

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RIA disclosure

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.