July 2, 2025
mayank
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 10.2507
NAV IDCW: Rs 10.2510
Suitable For Which Investors?
Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
The scheme seeks to generate returns that are commensurate (before fees and expenses) with the performance of CRISIL IBX 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.
Fund Manager:
1) Manu Sharma
Education: Mr. Sharma has done M.Com and CA.
Experience: He has over 17 years of experience in fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 100 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
| Fund House | Kotak Mahindra Mutual Fund |
| Launch Date | 07-Mar-25 |
| Return Since Launch | 2.51% |
| Benchmark | CRISIL-IBX Financial Services 3 to 6 Months Debt |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 584 Cr |
| (As on 31-May-2025) | |
| Expense | 0.12% |
| (As on 31-May-2025) | |
| Risk Grade | — |
| Return Grade | — |
Trailing Returns (%) of Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Kotak CRISIL-IBX Fin Srvices 3-6 Months Debt Index Dir | — | 0.01 | 0.52 | 2.00 | — | — | — | — | — | — |
| CCIL T Bill Liquidity Weight | — | 0.10 | 0.45 | 1.52 | — | — | — | — | — | — |
| Debt: Ultra Short Duration | — | 0.02 | 0.61 | 2.12 | — | — | — | — | — | — |
| Rank within category | — | 29 | 30 | 28 | — | — | — | — | — | — |
| Number of funds in category | 26 | 30 | 30 | 29 | 26 | 24 | 24 | 22 | 14 | 11 |
Peer Comparison of Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Kotak CRISIL-IBX Fin Srvices 3-6 Months Debt Index Dir | Unrated | — | — | — | 0.12 | 584 | 2.51 | — | 3M |
| ABSL CRISIL-IBX Fin Srvices 3 to 6 Months Debt Index Dir | Unrated | — | — | — | 0.13 | 3,232 | 4.25 | — | 6M |
| ICICI Pru CRISIL-IBX Financial Services 3-6 Months Debt Index Dir | Unrated | — | — | — | 0.10 | 562 | 2.27 | — | 3M |
| Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Dir | Unrated | — | — | — | 0.10 | 407 | 2.44 | — | 3M |
| ICICI Pru Ultra Short Term Dir | 4 star | 8.08 | 7.51 | 6.47 | 0.39 | 16,269 | 8.05 | — | 12Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 14 | 59 |
| Macaulay Duration (yrs) | 0.21 | 0.43 |
| Average Maturity (yrs) | 0.21 | 0.48 |
| Yield to Maturity (%) | 6.49 | 6.60 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
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