Kotak CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund
- NAV as on 25 Sep 2026
- ₹11.19-0.02%1 day
- Return since launch
- 7.2%
- 52-week range
- ₹10.52 — ₹11.19
- AUM
- ₹129 Cr
Kotak CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund is a Target Maturity debt fund from Kotak Mahindra Mutual Fund with ₹129 Cr under management, launched in 2025. The expense ratio is 0.29% and the SEBI riskometer reading is Low to Moderate.
Performance
Kotak CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +6.4% against +5.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.8% | +1.8 pts | 5.0% | 5.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | +0.6 pts | -0.1% | 0.2% |
| 3M | 1.6% | +1.0 pts | 0.7% | 1.0% |
| 6M | 3.7% | +0.9 pts | 2.8% | 2.9% |
| 1Y | 6.4% | +1.4 pts | 5.0% | 5.4% |
Since launch (31 Jan 2025): 7.2%
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.30%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.25%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.05%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL IBX AAA Financial Services - Dec 2026
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
Portfolio
Kotak CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt93.2%
- Other6.8%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | 13.75% | ₹17.74 Cr | +6.59% | +3.41% | +5.81% |
| LIC Housing Finance Ltd. | Financial | 13.59% | ₹17.52 Cr | +8.47% | +4.37% | +2.89% |
| Indian Railway Finance Corporation Ltd. | Financial | 13.21% | ₹17.04 Cr | +8.48% | +1.94% | +11.61% |
| REC Ltd. | Financial | 10.09% | ₹13.01 Cr | +9.40% | +3.88% | +23.14% |
| HDB Financial Services Ltd. | Financial | 7.77% | ₹10.03 Cr | +9.43% | +8.52% | +7.25% |
| Bajaj Housing Finance Ltd. | Financial | 7.75% | ₹10.00 Cr | +9.43% | +13.59% | +2.90% |
| Kotak Mahindra Prime Ltd. | Financial | 6.99% | ₹9.02 Cr | +8.48% | +7.31% | — |
| Others | Others | 6.84% | ₹8.82 Cr | +8.40% | +5.34% | +10.34% |
| Sundaram Finance Ltd. | Financial | 5.43% | ₹7.01 Cr | +6.59% | +12.15% | +7.23% |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.65% | ₹6.00 Cr | +5.65% | +8.23% | +11.54% |
| Export-Import Bank Of India | Financial | 3.10% | ₹4.00 Cr | +3.77% | +6.79% | — |
| Tata Capital Housing Finance Ltd. | Financial | 3.10% | ₹4.00 Cr | +3.77% | +0.49% | +2.89% |
| Tata Capital Financial Services Ltd. | Financial | 0.78% | ₹1.00 Cr | +0.94% | +0.49% | +2.89% |
| Kotak Mahindra Investments Ltd. | Financial | 0.39% | ₹0.50 Cr | +0.47% | +1.22% | +7.26% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Tata Motors Finance Ltd. | 6.73% | 0.00% | -6.73% |
| LIC Housing Finance Ltd. | 8.33% | 13.59% | +5.26% |
| Indian Railway Finance Corporation Ltd. | 8.34% | 13.21% | +4.87% |
| Bajaj Housing Finance Ltd. | 9.25% | 7.75% | -1.50% |
| HDB Financial Services Ltd. | 9.26% | 7.77% | -1.49% |
| Kotak Mahindra Prime Ltd. | 8.34% | 6.99% | -1.35% |
| National Bank For Agriculture & Rural Development | 12.69% | 13.75% | +1.06% |
| Sundaram Finance Ltd. | 6.48% | 5.43% | -1.05% |
| Small Industries Devp. Bank of India Ltd. | 5.55% | 4.65% | -0.90% |
| Others | 4.50% | 5.29% | +0.79% |
| Export-Import Bank Of India | 3.70% | 3.10% | -0.60% |
| Tata Capital Housing Finance Ltd. | 3.70% | 3.10% | -0.60% |
| REC Ltd. | 3.70% | 3.11% | -0.59% |
| Tata Capital Financial Services Ltd. | 0.93% | 0.78% | -0.15% |
| Kotak Mahindra Investments Ltd. | 0.46% | 0.39% | -0.07% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹796 Cr | 0.36% | 6.5% | 7.0% | — |
 Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund | ₹2,897 Cr | 0.32% | 6.2% | 7.0% | — |
| Nippon India CRISIL IBX AAA Financial Services - Dec 2026 Index Fund | ₹126 Cr | 0.35% | 6.9% | — | — |
 Edelweiss CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund | ₹81.25 Cr | 0.32% | 6.4% | — | — |
 Aditya Birla Sun Life CRISIL-IBX AAA NBFC-HFC Index-Sep 2026 Fund | ₹79.96 Cr | 0.44% | 6.6% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of CRISIL-IBX AAA Financial Services Index - Dec 2026 which seeks to track the performance of AAA issuers from the financial services sector maturing near target date of the index.
Fund managers
- Abhishek BisenMr. Bisen is a BA and MBA in Finance.Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.72% absolute | ₹60,000 | ₹62,232 | 3.72% | |
| 1 year6.42% annualised | ₹1,20,000 | ₹1,24,256 | 3.55% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.