Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 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 Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund is an Index fund. In the year to 30-10-2026, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct) returned 6.1% and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) returned 5.6%. Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund charges 0.95% a year and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund 0.20% (Direct plans). Their portfolios overlap 42.8%: they hold 8 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
- 1 year return
- 6.1%
- Expense ratio
- 0.95%
- NAV
- ₹11.38
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund
Index
- 1 year return
- 5.6%
- Expense ratio
- 0.20%
- NAV
- ₹11.65
Which is better, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index or Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index returned more over 1 year: 6.1% against 5.6%.
- Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 costs less: 0.20% a year against 0.95% (Direct plans).
- Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index fell less in its worst fall since 26-11-2024: −0.4% against −0.4%.
- Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 is the larger fund: ₹606 Cr against ₹5 Cr.
- Their portfolios overlap 42.8%: 8 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 | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Index | Index |
| AUM | ₹5 Cr (31-08-2026) | ₹606 Cr (30-09-2026) |
| NAV | ₹11.38 (Direct) | ₹11.65 (Direct) |
| Expense ratio (Direct) | 0.95% | 0.20% |
| Expense ratio (Regular) | 1.06% | 0.39% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | CRISIL-IBX AAA Financial Services Index – Sep 2027 | CRISIL-IBX AAA Financial Services Index – Sep 2027 |
| Launch date | 22-11-2024 | 13-09-2024 |
| 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 | Abhishek Bisen |
| Exit load | NIL | Exit load of 0.25%, if redeemed within 30 days. |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: 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% | -- | -- | -- |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) | +0.21% | +1.21% | +3.03% | +5.64% | -- | -- | -- |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: Year-wise Returns
| Year | Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 IndexAxis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 |
|---|---|---|
| 2026to date | +4.13% | +4.65% |
| 2025 | +8.53% | +8.50% |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 198 of them, one for each trading day from 26-11-2025 to 11-09-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct)
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct)
to
Dec 2025Feb 2025
to
Feb 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Aug 2025
to
Aug 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.0% | 6.5% | 5.3% | 8.9% |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.9% | 6.4% | 5.5% | 8.9% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 26-11-2024. Past returns do not promise future returns.
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 26-11-2024 to 11-09-2026: 23 instalments, ₹2,30,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 IndexAxis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct) | ₹2,30,000 | ₹2,44,840 | ₹14,840 | 6.8% |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) | ₹2,40,000 | ₹2,56,161 | ₹16,161 | 6.4% |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 IndexAxis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct)
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: 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) | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.14% | +5.64% |
| Standard deviation | 0.75% | 0.77% |
| Sharpe ratio | 1.16 | 0.51 |
| Sortino ratio | 1.71 | 0.72 |
| Maximum drawdown | −0.4% (21-05-2026) | −0.4% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 11-09-2025 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.
| Measure | Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct) | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.44% | +7.36% |
| Standard deviation | 0.82% | 0.78% |
| Sharpe ratio | 2.21 | 2.14 |
| Sortino ratio | 3.72 | 3.44 |
| Maximum drawdown | −0.4% (21-05-2026) | −0.4% (21-05-2026) |
| 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)
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 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) | −0.4% | 08-05-2026 | 21-05-2026 | 31-05-2026 | 10 days | −0.0% |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) | −0.4% | 12-05-2026 | 21-05-2026 | 02-06-2026 | 12 days | −0.0% |
From daily values since 26-11-2024, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct)
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct)
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: Portfolio Overlap
From each fund's latest monthly portfolio: Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund, August 2026; Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund, September 2026
Holdings in common
- Overlap
- 42.8%
- Held by both
- 8
- Only in Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index
- 4
- Only in Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027
- 9
| Security | % of Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index | % of Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 |
|---|---|---|
| 7.56% REC Limited (31/08/2027) | 9.38% | 9.07% |
| 7.65% HDB Financial Services Limited (10/09/2027) | 9.36% | 7.81% |
| 7.70% National Bank For Agriculture and Rural Development (30/09/2027) | 9.38% | 7.42% |
| 7.90% Mahindra & Mahindra Financial Services Limited (30/08/2027) | 5.63% | 4.73% |
| 8.12% Bajaj Finance Limited (10/09/2027) | 4.70% | 11.59% |
| 8.1% Bajaj Housing Finance Limited (08/07/2027) | 4.70% | 4.16% |
| 7.59% National Housing Bank (08/09/2027) | 4.69% | 3.30% |
| 7.8% Tata Capital Housing Finance Limited (05/08/2027) | 9.38% | 1.65% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 42.8% means 42.8% 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% |
| 7.68% Small Industries Dev Bank of India (10/08/2027) | 9.38% |
| 8.12% Kotak Mahindra Prime Limited (21/06/2027) | 4.70% |
Largest holdings only in Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund
| Security | % of fund |
|---|---|
| LIC HOUSING FINANCE LTD. | 8.18% |
| AXIS Finance Ltd. | 7.63% |
| ADITYA BIRLA HOUSING FINANCE LTD | 7.43% |
| TATA CAPITAL LTD. | 6.59% |
| Kotak Mahindra Prime Ltd. | 5.77% |
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 | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.8% | 94.8% |
| Cash and others | 5.2% | 5.2% |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027: 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 | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.95% | 0.20% |
| Base expense ratio (Direct) | 0.81% | 0.17% |
| Total expense ratio (Regular) | 1.06% | 0.39% |
| Base expense ratio (Regular) | 0.90% | 0.33% |
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 Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund: Frequently Asked Questions
What is the difference between Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund is an Index fund, Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund is an Index fund, run by Axis Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 42.8%. Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund charges 0.95% a year and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund 0.20%.
Which has given higher returns, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund or Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
Over 1 year: Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund +6.14%, Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund +5.64%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund or Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund charges less: 0.20% 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 Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund overlap?
42.8%. They hold 8 of the same securities, the largest shared ones being 7.56% REC Limited (31/08/2027), 7.65% HDB Financial Services Limited (10/09/2027), 7.70% National Bank For Agriculture and Rural Development (30/09/2027). From each fund's latest monthly portfolio.
Which is riskier, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund or Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
On SEBI's riskometer, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund is rated Low to Moderate and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund Low to Moderate. Over 1 years, the standard deviation of daily returns was 0.75% and 0.77% a year.
Can I invest in both Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
Yes. 42.8% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund and Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund?
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund: Aditya Pagaria. Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund: Abhishek Bisen.
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.