Kotak CRISIL IBX Financial Services 3 6 Months Debt Index Fund Direct Growth

Kotak CRISIL IBX Financial Services 3 6 Months Debt Index Fund Direct Growth is a debt fund. This fund was started on 21 February, 2025. The fund is managed by Manu Sharma. This fund is suitable to keep your money safe.

1. Kotak CRISIL IBX Financial Services 3 6 Months Debt Index Fund Direct Growth has ₹548 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Kotak CRISIL IBX Financial Services 3 6 Months Debt Index Fund Direct Growth has given a CAGR return of 3.93% since inception.

Kotak CRISIL IBX Financial Services 3 6 Months Debt Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are Bajaj Finance Limited, HDFC Bank Limited, Rec Limited, LIC Housing Finance Ltd, Small Industries Development Bank Of India

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 Financial Services 3-6 Months Debt Index that seeks to track the performance of Commercial Papers (CPs), Certificates of Deposit (CDs) & corporate bond securities maturing within 3 to 6 months from the date of inclusion in the index.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak CRISIL IBX Financial Services 3 6 Months Debt Index Fund Direct Growth has no lock in period.