Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth

Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth is a debt fund. This fund was started on 23 September, 2024. The fund is managed by Abhishek Bisen. This fund is suitable to keep your money safe.

1. Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth has ₹444 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.2.
   

Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth has given a CAGR return of 8.82% since inception.

Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Axis Finance Limited, Aditya Birla Housing Finance Limited, Hdb Financial Services Limited, Bajaj Finance Limited, Tata Capital Limited

As it is a index funds - fixed income mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of CRISILIBX AAA Financial Services Index – Sep 2027 which seeks to track the performance of AAA issuers from the financial services sector maturing near target date of the index.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Crisil IBX AAA Financial Services Index Sep 2027 Fund Direct Growth has no lock in period.