HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund vs Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is an Index fund and Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is a mutual fund. HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund charges 0.14% a year and Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund 0.12% (Direct plans). Their portfolios overlap 20.0%: they hold 6 of the same securities.
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
Index
- Expense ratio
- 0.14%
- NAV
- ₹10.41
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
- Expense ratio
- 0.12%
- NAV
- ₹10.41
Which is better, HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index or Nippon India CRISIL-IBX Financial Services 9-12 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.
- Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index costs less: 0.12% a year against 0.14% (Direct plans).
- HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index fell less in its worst fall since 24-03-2026: −0.2% against −0.2%.
- HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index is the larger fund: ₹1,073 Cr against ₹543 Cr.
- Their portfolios overlap 20.0%: 6 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 | HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund |
|---|---|---|
| Fund house | HDFC Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹1,073 Cr (30-09-2026) | ₹543 Cr (30-09-2026) |
| NAV | ₹10.41 (Direct) | ₹10.41 (Direct) |
| Expense ratio (Direct) | 0.14% | 0.12% |
| Expense ratio (Regular) | 0.32% | 0.23% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | CRISIL-IBX Financial Services 9 to 12 Months Debt Index | Not available |
| Launch date | 24-03-2026 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Anupam Joshi, Praveen Jain | Not available |
| Exit load | NIL | Not available |
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 9-12 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 |
|---|---|---|---|---|---|---|---|
| HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) | +0.21% | +1.33% | +3.18% | -- | -- | -- | -- |
| Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) | +0.19% | +1.26% | +3.09% | -- | -- | -- | -- |
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index: Rolling Returns
Every holding period of both funds
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) | Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.90% | +6.18% |
| Standard deviation | 0.72% | 0.73% |
| Sharpe ratio | 2.25 | 1.27 |
| Sortino ratio | 3.61 | 1.89 |
| Maximum drawdown | −0.2% (22-05-2026) | −0.2% (22-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 24-03-2026 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.
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct)
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) | −0.2% | 08-05-2026 | 22-05-2026 | 01-06-2026 | 10 days | −0.0% |
| Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) | −0.2% | 08-05-2026 | 22-05-2026 | 01-06-2026 | 10 days | −0.0% |
From daily values since 24-03-2026, the first day every fund has.
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index: Portfolio Overlap
From each fund's latest monthly portfolio: HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, September 2026; Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, September 2026
Holdings in common
- Overlap
- 20.0%
- Held by both
- 6
- Only in HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index
- 27
- Only in Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index
- 16
| Security | % of HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index | % of Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index |
|---|---|---|
| REC Limited. | 4.62% | 4.57% |
| Tata Capital Ltd. | 4.34% | 10.30% |
| Kotak Mahindra Prime Ltd. | 4.34% | 12.88% |
| L&T Finance Ltd. | 4.34% | 12.02% |
| Canara Bank | 2.26% | 3.58% |
| Mahindra & Mahindra Financial Services Ltd. | 4.67% | 0.18% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 20.0% means 20.0% 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 HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
| Security | % of fund |
|---|---|
| Panatone Finvest Ltd. | 6.84% |
| Small Industries Development Bank | 6.83% |
| Tata Capital Ltd. | 4.67% |
| Power Finance Corporation Ltd. | 4.67% |
| Kotak Mahindra Prime Ltd. | 4.66% |
Largest holdings only in Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
| Security | % of fund |
|---|---|
| Bajaj Finance Limited | 8.58% |
| 8% Tata Capital Housing Finance Limited | 4.61% |
| 8.1% Tata Capital Housing Finance Limited | 4.61% |
| 7.65% Power Finance Corporation Limited | 4.61% |
| Bank of Baroda | 4.47% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index | Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 97.2% | 96.8% |
| Cash and others | 2.8% | 3.2% |
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index vs Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.14% | 0.12% |
| Base expense ratio (Direct) | 0.10% | 0.09% |
| Total expense ratio (Regular) | 0.32% | 0.23% |
| Base expense ratio (Regular) | 0.25% | 0.19% |
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.
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund vs Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund: Frequently Asked Questions
What is the difference between HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund and Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is an Index fund, Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is a mutual fund, run by HDFC Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 20.0%. HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund charges 0.14% a year and Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund 0.12%.
Which has the lower expense ratio, HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund or Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund charges less: 0.12% a year against 0.14%. These are the Direct plans' total expense ratios reported to AMFI.
How much do HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund and Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund overlap?
20.0%. They hold 6 of the same securities, the largest shared ones being REC Limited., Tata Capital Ltd., Kotak Mahindra Prime Ltd.. From each fund's latest monthly portfolio.
Can I invest in both HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund and Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
Yes. 20.0% 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.