Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan

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Value Research Rating

Unrated

Our Opinion

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Riskometer

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Low to Moderate

₹10.0287 0.10%

As on 18-Mar-2026

Returns

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Calculate SIP Returns of Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk

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This fund has Low to Moderate risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan

Asset Allocation

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan

Assets

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₹-- Cr

Exit Load (Days)

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--

Min. Investment (₹)

1,000

Min. Withdrawal (₹)

100

Min. SIP Investment (₹)

100

Min. No of Cheques

60

About Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan

Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan is a debt mutual fund scheme of Nippon India Mutual Fund. Launched on March 02, 2026, it is currently managed by Vikas Agrawal. The fund has an expense ratio of --% with an overall AUM (Assets Under Management) of ₹-- Cr.

Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct 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 ₹100.

Investment Strategy

The scheme seeks to provide investment returns that are commensurate with the total returns of the securities as represented by the CRISIL-IBX Financial Services 9-12 Months Debt Index before expenses, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved.

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

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
  • No tax is to be paid as long as you continue to hold the units.

Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
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FAQ for Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan

Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan can be bought from the Nippon India Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.

The latest declared NAV of Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan, is ₹10.0287 as of 19-Mar-2026.

Over the past five years, Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan has delivered an annualised return of --% as of 19-Mar-2026.

The minimum investment required to start investing in Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Direct Plan is ₹1,000 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.