Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund vs Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index 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 Financial Services 9 to 12 Months Debt Index 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 Financial Services 9 to 12 Months Debt Index Fund (Direct) returned 6.0%. Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund charges 0.95% a year and Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund 0.13% (Direct plans). Their portfolios overlap 20.9%: they hold 4 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 Financial Services 9 to 12 Months Debt Index Fund
Index
- 1 year return
- 6.0%
- Expense ratio
- 0.13%
- NAV
- ₹10.67
Which is better, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index or Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index? 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 6.0%.
- Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index costs less: 0.13% a year against 0.95% (Direct plans).
- Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index fell less in its worst fall since 29-09-2025: −0.2% against −0.4%.
- Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index is the larger fund: ₹1,106 Cr against ₹5 Cr.
- Their portfolios overlap 20.9%: 4 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 Financial Services 9 to 12 Months Debt Index Fund |
|---|---|---|
| Fund house | Axis Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Index | Index |
| AUM | ₹5 Cr (31-08-2026) | ₹1,106 Cr (30-09-2026) |
| NAV | ₹11.38 (Direct) | ₹10.67 (Direct) |
| Expense ratio (Direct) | 0.95% | 0.13% |
| Expense ratio (Regular) | 1.06% | 0.33% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | CRISIL-IBX AAA Financial Services Index – Sep 2027 | CRISIL-IBX Financial Services 9 - 12 Months Debt Index |
| Launch date | 22-11-2024 | 24-09-2025 |
| 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 | Manu Sharma |
| Exit load | NIL | NIL |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index: 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 Financial Services 9 to 12 Months Debt Index Fund (Direct) | +0.21% | +1.27% | +3.13% | +5.95% | -- | -- | -- |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index: Year-wise Returns
| Year | Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index | Kotak CRISIL-IBX Financial Services 9 to 12 Months DebtKotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index |
|---|---|---|
| 2026to date | +4.13% | +4.93% |
| 2025 | +8.53% | -- |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index: Rolling Returns
Every holding period of both funds
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index: 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 01-09-2025 to 11-09-2026: 13 instalments, ₹1,30,000 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) | ₹1,30,000 | ₹1,34,313 | ₹4,313 | 6.4% |
| Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt IndexKotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund (Direct) | ₹1,40,000 | ₹1,45,105 | ₹5,105 | 6.0% |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 IndexAxis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund (Direct)
Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt IndexKotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index 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 Financial Services 9 to 12 Months Debt Index: 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 Financial Services 9 to 12 Months Debt Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.14% | +5.95% |
| Standard deviation | 0.75% | 0.62% |
| Sharpe ratio | 1.16 | 1.13 |
| Sortino ratio | 1.71 | 1.69 |
| Maximum drawdown | −0.4% (21-05-2026) | −0.2% (22-05-2026) |
| 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 Financial Services 9 to 12 Months Debt Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.44% | +6.01% |
| Standard deviation | 0.82% | 0.60% |
| Sharpe ratio | 2.21 | 1.22 |
| Sortino ratio | 3.72 | 1.84 |
| Maximum drawdown | −0.4% (21-05-2026) | −0.2% (22-05-2026) |
| 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 Financial Services 9 to 12 Months Debt Index 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 Financial Services 9 to 12 Months Debt Index Fund (Direct) | −0.2% | 08-05-2026 | 22-05-2026 | 01-06-2026 | 10 days | −0.0% |
From daily values since 29-09-2025, the first day every fund has.
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index: 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 Financial Services 9 to 12 Months Debt Index Fund, September 2026
Holdings in common
- Overlap
- 20.9%
- Held by both
- 4
- Only in Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index
- 8
- Only in Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index
- 16
| Security | % of Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index | % of Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index |
|---|---|---|
| 7.56% REC Limited (31/08/2027) | 9.38% | 11.30% |
| 8.1% Bajaj Housing Finance Limited (08/07/2027) | 4.70% | 6.78% |
| 7.59% National Housing Bank (08/09/2027) | 4.69% | 4.53% |
| 7.8% Tata Capital Housing Finance Limited (05/08/2027) | 9.38% | 2.26% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.9% means 20.9% 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% |
| 7.70% National Bank For Agriculture and Rural Development (30/09/2027) | 9.38% |
| 7.68% Small Industries Dev Bank of India (10/08/2027) | 9.38% |
| 7.65% HDB Financial Services Limited (10/09/2027) | 9.36% |
Largest holdings only in Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund
| Security | % of fund |
|---|---|
| BAJAJ FINANCE LTD. | 10.53% |
| LIC HOUSING FINANCE LTD. | 8.97% |
| L & T FINANCE LTD. | 8.42% |
| TATA CAPITAL LTD. | 8.42% |
| TATA CAPITAL LTD. | 4.53% |
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 Financial Services 9 to 12 Months Debt Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.8% | 98.6% |
| Cash and others | 5.2% | 1.4% |
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index vs Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index: 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 Financial Services 9 to 12 Months Debt Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.95% | 0.13% |
| Base expense ratio (Direct) | 0.81% | 0.10% |
| Total expense ratio (Regular) | 1.06% | 0.33% |
| Base expense ratio (Regular) | 0.90% | 0.27% |
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 Financial Services 9 to 12 Months Debt Index Fund: Frequently Asked Questions
What is the difference between Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund and Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund?
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund is an Index fund, Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund is an Index fund, run by Axis Mutual Fund and Kotak Mahindra Mutual Fund. Their portfolios overlap 20.9%. Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund charges 0.95% a year and Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund 0.13%.
Which has given higher returns, Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund or Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund?
Over 1 year: Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund +6.14%, Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund +5.95%. 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 Financial Services 9 to 12 Months Debt Index Fund?
Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund charges less: 0.13% 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 Financial Services 9 to 12 Months Debt Index Fund overlap?
20.9%. They hold 4 of the same securities, the largest shared ones being 7.56% REC Limited (31/08/2027), 8.1% Bajaj Housing Finance Limited (08/07/2027), 7.59% National Housing Bank (08/09/2027). 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 Financial Services 9 to 12 Months Debt Index 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 Financial Services 9 to 12 Months Debt Index Fund Low to Moderate. Over 1 years, the standard deviation of daily returns was 0.75% and 0.62% a year.
Can I invest in both Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund and Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund?
Yes. 20.9% 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 Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund?
Axis CRISIL-IBX AAA Bond Financial Services - Sep 2027 Index Fund: Aditya Pagaria. Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund: Manu Sharma.
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.