Nippon India CRISIL IBX AAA Financial Services - Dec 2026 Index Fund
- NAV as on 9 Nov 2026
- ₹11.55+0.07%1 day
- Return since launch
- 7.2%
- 52-week range
- ₹10.84 — ₹11.54
- AUM
- ₹124 Cr
Nippon India CRISIL IBX AAA Financial Services - Dec 2026 Index Fund is a Target Maturity debt fund from Nippon India Mutual Fund with ₹124 Cr under management, launched in 2024. The expense ratio is 0.35% and the SEBI riskometer reading is Low to Moderate.
Performance
Nippon India CRISIL IBX AAA Financial Services - Dec 2026 Index 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 +5.1% 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% | +2.3 pts | 4.5% | 5.0% |
| 2Y | 6.9% | +1.7 pts | 5.2% | 5.8% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.4% | −0.2 pts | 0.6% | 0.4% |
| 3M | 1.6% | +1.3 pts | 0.3% | 0.8% |
| 6M | 3.4% | +0.8 pts | 2.6% | 2.7% |
| 1Y | 6.5% | +2.0 pts | 4.5% | 5.1% |
| 2Y | 7.2% | +1.0 pts | 6.2% | 6.6% |
Since launch (15 Oct 2024): 7.2%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.9% | −0.1 pts | 8.0% |
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
0.35%
Expense ratio as on 31 Oct 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.30%
- 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
Nippon India CRISIL IBX AAA Financial Services - Dec 2026 Index Fund portfolio
Portfolio as of 30 Sep 2026
Asset allocation
- Debt96.7%
- Other3.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| LIC Housing Finance Ltd. | Financial | 10.65% | ₹12.51 Cr | +7.70% | +4.82% | +7.12% |
| REC Ltd. | Financial | 10.22% | ₹12.01 Cr | +8.56% | +12.04% | — |
| Kotak Mahindra Prime Ltd. | Financial | 9.80% | ₹11.51 Cr | +4.28% | +6.01% | +7.08% |
| Kotak Mahindra Investments Ltd. | Financial | 8.47% | ₹9.96 Cr | +4.28% | +6.04% | +4.28% |
| Bajaj Housing Finance Ltd. | Financial | 8.43% | ₹9.90 Cr | +3.00% | +4.22% | +7.12% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 8.39% | ₹9.86 Cr | — | — | — |
| Others | Others | 6.52% | ₹7.65 Cr | +0.03% | +0.03% | +0.06% |
| National Bank For Agriculture & Rural Development | Financial | 6.22% | ₹7.31 Cr | +11.14% | +1.20% | +1.42% |
| Indian Railway Finance Corporation Ltd. | Financial | 5.04% | ₹5.92 Cr | +4.29% | +6.04% | +7.13% |
| Axis Finance Ltd. | Financial | 4.25% | ₹5.00 Cr | +4.26% | +5.98% | +7.02% |
| Export-Import Bank Of India | Financial | 4.20% | ₹4.94 Cr | — | — | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 4.20% | ₹4.93 Cr | +2.57% | — | +7.11% |
| Sundaram Finance Ltd. | Financial | 1.70% | ₹2.00 Cr | +4.28% | +2.41% | +2.85% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Kotak Mahindra Prime Ltd. | 0.00% | 9.80% | +9.80% |
| company:11622 | 8.71% | 0.00% | -8.71% |
| Mahindra & Mahindra Financial Services Ltd. | 0.00% | 8.39% | +8.39% |
| Export-Import Bank Of India | 0.00% | 4.20% | +4.20% |
| National Bank For Agriculture & Rural Development | 10.32% | 6.22% | -4.10% |
| company:11821 | 3.96% | 0.00% | -3.96% |
| company:12429 | 3.96% | 0.00% | -3.96% |
| company:4907 | 3.96% | 0.00% | -3.96% |
| Indian Railway Finance Corporation Ltd. | 2.62% | 5.04% | +2.42% |
| Small Industries Devp. Bank of India Ltd. | 2.38% | 4.20% | +1.82% |
| Bajaj Housing Finance Ltd. | 6.73% | 8.43% | +1.70% |
| Kotak Mahindra Investments Ltd. | 7.89% | 8.47% | +0.58% |
| LIC Housing Finance Ltd. | 11.10% | 10.65% | -0.45% |
| Axis Finance Ltd. | 3.95% | 4.25% | +0.30% |
| REC Ltd. | 3.97% | 4.26% | +0.29% |
| Sundaram Finance Ltd. | 1.59% | 1.70% | +0.11% |
| Others | 0.00% | 0.02% | +0.02% |
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 | ₹1,463 Cr | 0.36% | 6.2% | 6.8% | — |
| Nippon India Nifty AAA CPSE Bond Plus SDL - Apr 2027 Maturity 60:40 Index Fund | ₹2,901 Cr | 0.32% | 6.0% | 6.8% | — |
 Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund | ₹2,798 Cr | 0.49% | 6.0% | — | — |
 Edelweiss CRISIL-IBX AAA Bond NBFC-HFC - Jun 2027 Index Fund | ₹82.06 Cr | 0.32% | 6.2% | — | — |
 Kotak CRISIL-IBX AAA Bond Financial Services Index - Dec 2026 Fund | ₹72.86 Cr | 0.29% | 6.7% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to provide investment returns that are commensurate with the total returns of the securities as represented by the CRISIL-IBX AAA Financial Services Index - Dec 2026 before expenses, subject to tracking errors. There is no assurance that the investment objective of the scheme will be achieved.
Fund managers
- Vivek SharmaMr. Vivek Sharma is a B.E (Electronics) and PGDM (Finance).He has been associated with Nippon India Mutual Fund since 2006.
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 months3.41% absolute | ₹60,000 | ₹62,046 | 3.41% | |
| 1 year6.45% annualised | ₹1,20,000 | ₹1,24,276 | 3.56% |
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.