Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund vs DSP Financial Services Sectoral Debt Fund
Direct Plan, Growth option · Data as on 11-09-2026
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund is an Index fund and DSP Financial Services Sectoral Debt Fund is a Debt fund. Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund charges 0.95% a year and DSP Financial Services Sectoral Debt Fund 0.28% (Direct plans). Their portfolios overlap 11.7%: they hold 2 of the same securities.
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund is closed. It has not published a NAV since 11-09-2026. Its figures stop there.
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund
Index
- Expense ratio
- 0.95%
- NAV
- ₹11.38
DSP Financial Services Sectoral Debt Fund
Debt
- Expense ratio
- 0.28%
- NAV
- ₹10.06
Which is better, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index or DSP Financial Services Sectoral Debt? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- DSP Financial Services Sectoral Debt costs less: 0.28% a year against 0.95% (Direct plans).
- Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index fell less in its worst fall since 28-08-2026: −0.0% against −0.1%.
- DSP Financial Services Sectoral Debt is the larger fund: ₹685 Cr against ₹5 Cr.
- Their portfolios overlap 11.7%: 2 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund | DSP Financial Services Sectoral Debt Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | DSP Mutual Fund |
| Category | Index | Debt |
| AUM | ₹5 Cr (31-08-2026) | ₹685 Cr (30-09-2026) |
| NAV | ₹11.38 (Direct) | ₹10.06 (Direct) |
| Expense ratio (Direct) | 0.95% | 0.28% |
| Expense ratio (Regular) | 1.06% | 0.50% |
| Riskometer | Low to Moderate | Moderate |
| Benchmark | CRISIL-IBX AAA Financial Services Index – Sep 2027 | Crisil Financial Services Short Term Debt Index A-II |
| Launch date | 22-11-2024 | 27-08-2026 |
| Minimum investment | SIP - Monthly SWP - Weekly/Monthly/Quarterly/Halfyearly/Yearly STP - Daily/Weekly/Fortnightly/Monthly/Quarterly | ₹100 |
| Lock in | None | None |
| Fund managers | Aditya Pagaria | Karan Mundhra, Kunal Khudania, Shalini Vasanta |
| Exit load | NIL | Nil |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs DSP Financial Services Sectoral Debt: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct) | +0.51% | +1.80% | +3.22% | +6.14% | -- | -- | -- |
| DSP Financial Services Sectoral Debt Fund (Direct) | +0.14% | -- | -- | -- | -- | -- | -- |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs DSP Financial Services Sectoral Debt: Year-wise Returns
| Year | Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 IndexAxis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index | DSP Financial Services Sectoral DebtDSP Financial Services Sectoral Debt |
|---|---|---|
| 2026to date | +4.13% | -- |
| 2025 | +8.53% | -- |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs DSP Financial Services Sectoral Debt: Rolling Returns
Every holding period of both funds
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs DSP Financial Services Sectoral Debt: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct) | DSP Financial Services Sectoral Debt Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.44% | +3.31% |
| Standard deviation | 0.82% | 0.66% |
| Sharpe ratio | 2.21 | -2.97 |
| Sortino ratio | 3.72 | -3.50 |
| Maximum drawdown | −0.4% (21-05-2026) | −0.1% (23-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 26-11-2024 to 11-09-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct)
DSP Financial Services Sectoral Debt Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct) | −0.0% | 10-09-2026 | 11-09-2026 | Not yet | -- | −0.0% |
| DSP Financial Services Sectoral Debt Fund (Direct) | −0.1% | 13-10-2026 | 23-10-2026 | Not yet | -- | −0.0% |
From daily values since 28-08-2026, the first day every fund has.
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs DSP Financial Services Sectoral Debt: Portfolio Overlap
From each fund's latest monthly portfolio: Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund, August 2026; DSP Financial Services Sectoral Debt Fund, September 2026
Holdings in common
- Overlap
- 11.7%
- Held by both
- 2
- Only in Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index
- 10
- Only in DSP Financial Services Sectoral Debt
- 19
| Security | % of Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index | % of DSP Financial Services Sectoral Debt |
|---|---|---|
| 7.65% HDB Financial Services Limited (10/09/2027) | 9.36% | 7.31% |
| 7.90% Mahindra & Mahindra Financial Services Limited (30/08/2027) | 5.63% | 4.41% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.7% means 11.7% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund
| Security | % of fund |
|---|---|
| 8.33% Aditya Birla Capital Limited (19/05/2027) | 14.12% |
| 7.9265% LIC Housing Finance Limited (14/07/2027) | 9.39% |
| 7.56% REC Limited (31/08/2027) | 9.38% |
| 7.8% Tata Capital Housing Finance Limited (05/08/2027) | 9.38% |
| 7.70% National Bank For Agriculture and Rural Development (30/09/2027) | 9.38% |
Largest holdings only in DSP Financial Services Sectoral Debt Fund
| Security | % of fund |
|---|---|
| Bharti Telecom Limited | 8.53% |
| Tata Capital Limited | 7.65% |
| 8.05% Gujarat SDL 31012028 | 7.50% |
| Kotak Mahindra Prime Limited | 7.44% |
| Sundaram Finance Limited | 7.40% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index | DSP Financial Services Sectoral Debt |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.8% | 98.7% |
| Cash and others | 5.2% | 1.3% |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs DSP Financial Services Sectoral Debt: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund | DSP Financial Services Sectoral Debt Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.95% | 0.28% |
| Base expense ratio (Direct) | 0.81% | 0.20% |
| Total expense ratio (Regular) | 1.06% | 0.50% |
| Base expense ratio (Regular) | 0.90% | 0.38% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund vs DSP Financial Services Sectoral Debt Fund: Frequently Asked Questions
What is the difference between Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund and DSP Financial Services Sectoral Debt Fund?
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund is an Index fund, DSP Financial Services Sectoral Debt Fund is a Debt fund, run by Axis Mutual Fund and DSP Mutual Fund. Their portfolios overlap 11.7%. Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund charges 0.95% a year and DSP Financial Services Sectoral Debt Fund 0.28%.
Which has the lower expense ratio, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund or DSP Financial Services Sectoral Debt Fund?
DSP Financial Services Sectoral Debt Fund charges less: 0.28% a year against 0.95%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund and DSP Financial Services Sectoral Debt Fund overlap?
11.7%. They hold 2 of the same securities, the largest shared ones being 7.65% HDB Financial Services Limited (10/09/2027), 7.90% Mahindra & Mahindra Financial Services Limited (30/08/2027). From each fund's latest monthly portfolio.
Which is riskier, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund or DSP Financial Services Sectoral Debt Fund?
On SEBI's riskometer, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund is rated Low to Moderate and DSP Financial Services Sectoral Debt Fund Moderate. Over their common history, the standard deviation of daily returns was 0.82% and 0.66% a year.
Can I invest in both Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund and DSP Financial Services Sectoral Debt Fund?
Yes. 11.7% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund and DSP Financial Services Sectoral Debt Fund?
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund: Aditya Pagaria. DSP Financial Services Sectoral Debt Fund: Karan Mundhra, Kunal Khudania, Shalini Vasanta.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.