Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth
Debt
Direct
Index Funds - Fixed Income
NAV as on 05-03-2025
₹ 10.38
Inception Returns
3.5%
/yr
About Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth
Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth is a debt fund. This fund was started on 23 September, 2024. The fund is managed by Abhishek Bisen. This fund is suitable to keep your money safe.
Key Parameters
- Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth has ₹450 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth has given a CAGR return of 3.48% since inception.
Holdings
Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Hdb Financial Services Ltd., Axis Finance Limited, Aditya Birla Housing Finance Limited, Bajaj Finance Limited, Tata Capital Limited
Taxation
As it is a index funds - fixed income mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth
The investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of CRISILIBX AAA Financial Services Index – Sep 2027 which seeks to track the performance of AAA issuers from the financial services sector maturing near target date of the index.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth has no lock in period.
Historical NAV & Returns
Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth Overview
| Expense ratio | 0.2% |
Benchmark | CRISIL IBX AAA FSI - Sep 2027 |
| AUM | ₹450 Cr |
| Inception Date | 23 September, 2024 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.2% |
| Lock In | No Lock-in |
TurnOver | 0% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (05-Mar-25)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Hdb Financial Services Ltd. | 10.86% | 11.1% | |
Axis Finance Limited | 10.21% | 0% | |
Aditya Birla Housing Finance Limited | 9.91% | 0% | |
Bajaj Finance Limited | 8.82% | 0% | |
Tata Capital Limited | 8.8% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth | - | - | - | 3.48% |
Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹450 Cr
Expense Ratio 0.2%
Frequently Asked Questions for Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth
Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.51% | 0.51% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |