Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan

About Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan

Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan is a debt mutual fund scheme of Mirae Asset Mutual Fund. Launched on June 25, 2025, it is currently managed by Pranavi Kulkarni. The fund has an expense ratio of 0.27% with an overall AUM (Assets Under Management) of ₹68 Cr.

Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan is mandated to invest in bonds such that the duration of the portfolio is between six to twelve months, and therefore it is suitable to invest in for a similar time frame. Being passively managed, it replicates the portfolio of its chosen benchmark index. The fund allows minimum lumpsum investment of ₹1,000 and minimum SIP of ₹99.

Investment Strategy

The scheme seeks to track the CRISIL-IBX Financial Services 9-12 Months Debt Index by investing in Commercial Papers (CPs), Certificates of Deposit (CDs) and Corporate Bond Securities, maturing in 9-12 months and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error

Suitability

Low Duration funds are avoidable for most investors in our opinion, because:

• They are meant to keep your capital safe while earning low returns. This investing need is better served by Liquid funds
• There are too many types of debt funds with little differentiation, making choice difficult for investors. Low Duration funds are one of them