Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
- NAV as on 9 Nov 2026
- ₹10.82+0.07%1 day
- Return since launch
- 5.9%
- 52-week range
- ₹10.23 — ₹10.82
- AUM
- ₹114 Cr
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is a Low Duration debt fund from Mirae Asset Mutual Fund with ₹114 Cr under management, launched in 2025. The expense ratio is 0.31% and the SEBI riskometer reading is Low to Moderate.
Performance
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.8% 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 | 5.9% | +0.5 pts | 5.4% | 5.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | 0.0 pts | 0.3% | 0.3% |
| 3M | 1.2% | +0.1 pts | 1.1% | 1.1% |
| 6M | 3.1% | +0.2 pts | 2.9% | 3.0% |
| 1Y | 5.8% | +0.4 pts | 5.4% | 5.5% |
Since launch (17 Jun 2025): 5.9%
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
0.32%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.24%
- Brokerage
- 0.03%
- 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 Financial Services 9-12 Months Debt
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
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt95.7%
- Other4.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| LIC Housing Finance Ltd. | Financial | 15.38% | ₹20.00 Cr | — | — | +4.28% |
| Bajaj Housing Finance Ltd. | Financial | 15.38% | ₹20.00 Cr | — | — | — |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 15.37% | ₹19.98 Cr | — | — | — |
| Kotak Mahindra Prime Ltd. | Financial | 15.34% | ₹19.94 Cr | +10.02% | — | — |
| Tata Capital Housing Finance Ltd. | Financial | 15.29% | ₹19.88 Cr | — | — | — |
| National Housing Bank | Financial | 9.62% | ₹12.51 Cr | — | — | +12.95% |
| Small Industries Devp. Bank of India Ltd. | Financial | 5.12% | ₹6.66 Cr | — | +8.18% | +13.85% |
| REC Ltd. | Financial | 3.84% | ₹5.00 Cr | +13.36% | +6.95% | +14.71% |
| Others | Others | 1.66% | ₹2.16 Cr | +2.52% | -6.04% | +2.90% |
| HDFC Bank Ltd. | Financial | 0.77% | ₹1.00 Cr | — | +8.18% | — |
| HDB Financial Services Ltd. | Financial | 0.77% | ₹1.00 Cr | — | — | +12.10% |
| Indian Bank | Financial | 0.73% | ₹0.95 Cr | — | +10.88% | — |
| L&T Finance Ltd. | Financial | 0.73% | ₹0.95 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| LIC Housing Finance Ltd. | 0.00% | 15.38% | +15.38% |
| Bajaj Housing Finance Ltd. | 0.00% | 15.38% | +15.38% |
| Mahindra & Mahindra Financial Services Ltd. | 0.00% | 15.37% | +15.37% |
| Tata Capital Housing Finance Ltd. | 0.00% | 15.29% | +15.29% |
| Indian Bank | 12.64% | 0.73% | -11.91% |
| company:5655 | 9.78% | 0.00% | -9.78% |
| National Housing Bank | 0.00% | 9.62% | +9.62% |
| company:14725 | 9.46% | 0.00% | -9.46% |
| company:5721 | 9.09% | 0.00% | -9.09% |
| company:407 | 8.34% | 0.00% | -8.34% |
| Kotak Mahindra Prime Ltd. | 7.60% | 15.34% | +7.74% |
| company:2048 | 7.06% | 0.00% | -7.06% |
| REC Ltd. | 10.13% | 3.84% | -6.29% |
| company:6233 | 5.26% | 0.00% | -5.26% |
| company:5652 | 5.24% | 0.00% | -5.24% |
| company:442 | 5.24% | 0.00% | -5.24% |
| Small Industries Devp. Bank of India Ltd. | 7.34% | 5.12% | -2.22% |
| HDFC Bank Ltd. | 0.00% | 0.77% | +0.77% |
| HDB Financial Services Ltd. | 0.00% | 0.77% | +0.77% |
| L&T Finance Ltd. | 0.00% | 0.73% | +0.73% |
| Others | 0.77% | 0.52% | -0.25% |
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 | ₹6,126 Cr | 0.53% | 5.8% | 6.6% | 6.8% |
 ICICI Prudential Ultra Short to Short Term Fund | ₹17,294 Cr | 0.53% | 5.8% | 6.8% | 7.0% |
 Tata Ultra Short to Short Term Fund | ₹2,665 Cr | 0.57% | 5.9% | 6.5% | 6.6% |
 UTI Ultra Short to Short Term Fund | ₹2,604 Cr | 0.65% | 5.8% | 6.7% | 6.8% |
 Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | ₹1,942 Cr | 0.36% | 5.9% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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
Fund managers
- Pranavi KulkarniMs. Kulkarni is a BE Computer Science, MBA FinancePrior to joining Mirae Asset Mutual Fund, she has worked with Edelweiss Mutual Fund, CRISIL Ltd. and Yes Bank.
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 months3.09% absolute | ₹60,000 | ₹61,854 | 3.09% | |
| 1 year5.78% annualised | ₹1,20,000 | ₹1,23,824 | 3.19% |
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.