Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is an Index fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is a mutual fund. Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund charges 0.10% a year and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund 0.11% (Direct plans). Their portfolios overlap 26.5%: they hold 5 of the same securities.
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Index
- Expense ratio
- 0.10%
- NAV
- ₹11.17
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
- Expense ratio
- 0.11%
- NAV
- ₹10.45
Which is better, Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index or Nippon India CRISIL-IBX Financial Services 3-6 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.
- Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index costs less: 0.10% a year against 0.11% (Direct plans).
- Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index fell less in its worst fall since 13-03-2026: −0.1% against −0.1%.
- Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index is the larger fund: ₹387 Cr against ₹260 Cr.
- Their portfolios overlap 26.5%: 5 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 | Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund |
|---|---|---|
| Fund house | Bandhan Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹387 Cr (30-09-2026) | ₹260 Cr (30-09-2026) |
| NAV | ₹11.17 (Direct) | ₹10.45 (Direct) |
| Expense ratio (Direct) | 0.10% | 0.11% |
| Expense ratio (Regular) | 1.02% | 0.22% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | CRISIL-IBX Financial Services 3-6 Months Debt Index | Not available |
| Launch date | 13-03-2025 | Not available |
| Minimum investment | ₹1,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Brijesh Shah, Harshal Joshi | Not available |
| Exit load | Nil | Not available |
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 3-6 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 |
|---|---|---|---|---|---|---|---|
| Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) | +0.31% | +1.53% | +3.40% | +6.73% | -- | -- | -- |
| Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) | +0.32% | +1.49% | +3.35% | -- | -- | -- | -- |
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Year-wise Returns
| Year | BandhanBandhan CRISIL-IBX Financial Services 3-6 Months Debt Index | Nippon IndiaNippon India CRISIL-IBX Financial Services 3-6 Months Debt Index |
|---|---|---|
| 2026to date | +5.63% | -- |
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Rolling Returns
Every holding period of both funds
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.01% | +7.26% |
| Standard deviation | 0.40% | 0.49% |
| Sharpe ratio | 3.99 | 4.06 |
| Sortino ratio | 7.40 | 7.01 |
| Maximum drawdown | −0.1% (22-10-2026) | −0.1% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 17-03-2025 to 30-10-2026. 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.
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct)
Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) | −0.1% | 19-10-2026 | 22-10-2026 | 27-10-2026 | 5 days | 0.0% |
| Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund (Direct) | −0.1% | 13-10-2026 | 22-10-2026 | 27-10-2026 | 5 days | 0.0% |
From daily values since 13-03-2026, the first day every fund has.
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Portfolio Overlap
From each fund's latest monthly portfolio: Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, September 2026; Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, September 2026
Holdings in common
- Overlap
- 26.5%
- Held by both
- 5
- Only in Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index
- 11
- Only in Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index
- 14
| Security | % of Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index | % of Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index |
|---|---|---|
| 8.04% Bajaj Housing Finance Limited | 6.47% | 9.63% |
| Small Industries Dev Bank of India | 6.29% | 9.36% |
| Mahindra & Mahindra Financial Services Limited | 6.28% | 9.35% |
| HDFC Bank Limited | 10.04% | 3.74% |
| Bank of Baroda | 6.28% | 3.74% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 26.5% means 26.5% 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 Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
| Security | % of fund |
|---|---|
| Kotak Mahindra Bank Limited | 8.84% |
| 8.135% Kotak Mahindra Prime Limited | 6.47% |
| 6.65% LIC Housing Finance Limited | 6.45% |
| Sundaram Finance Limited | 6.34% |
| Canara Bank | 6.33% |
Largest holdings only in Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
| Security | % of fund |
|---|---|
| Aditya Birla Capital Limited | 13.13% |
| 7.73% LIC Housing Finance Limited | 9.63% |
| National Bank For Agriculture and Rural Development | 9.32% |
| Union Bank of India | 5.60% |
| ICICI Bank Limited | 3.76% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 98.2% | 98.5% |
| Cash and others | 1.8% | 1.5% |
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund | Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.10% | 0.11% |
| Base expense ratio (Direct) | 0.08% | 0.08% |
| Total expense ratio (Regular) | 1.02% | 0.22% |
| Base expense ratio (Regular) | 0.88% | 0.18% |
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.
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund vs Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund: Frequently Asked Questions
What is the difference between Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is an Index fund, Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund is a mutual fund, run by Bandhan Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 26.5%. Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund charges 0.10% a year and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund 0.11%.
Which has the lower expense ratio, Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund or Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?
Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund charges less: 0.10% a year against 0.11%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund overlap?
26.5%. They hold 5 of the same securities, the largest shared ones being 8.04% Bajaj Housing Finance Limited, Small Industries Dev Bank of India, Mahindra & Mahindra Financial Services Limited. From each fund's latest monthly portfolio.
Can I invest in both Bandhan CRISIL-IBX Financial Services 3-6 Months Debt Index Fund and Nippon India CRISIL-IBX Financial Services 3-6 Months Debt Index Fund?
Yes. 26.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
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.