Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund vs Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund is an Index fund and Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund is a mutual fund. In the year to 30-10-2026, Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund (Direct) returned 6.5% and Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund (Direct) returned 6.6%. Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund charges 0.10% a year and Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund 0.15% (Direct plans). Their portfolios overlap 42.3%: they hold 8 of the same securities.
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund
Index
- 1 year return
- 6.5%
- Expense ratio
- 0.10%
- NAV
- ₹11.29
Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund
- 1 year return
- 6.6%
- Expense ratio
- 0.15%
- NAV
- ₹11.57
Which is better, Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 or Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 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 AAA Financial Services - Dec 2026 Index returned more over 1 year: 6.6% against 6.5%.
- Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 costs less: 0.10% a year against 0.15% (Direct plans).
- Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index fell less in its worst fall since 20-02-2025: −0.1% against −0.2%.
- Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index is the larger fund: ₹118 Cr against ₹90 Cr.
- Their portfolios overlap 42.3%: 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 | Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund | Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Nippon India Mutual Fund |
| Category | Index | Not available |
| AUM | ₹90 Cr (30-09-2026) | ₹118 Cr (30-09-2026) |
| NAV | ₹11.29 (Direct) | ₹11.57 (Direct) |
| Expense ratio (Direct) | 0.10% | 0.15% |
| Expense ratio (Regular) | 0.30% | 0.35% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | CRISIL-IBX AAA Financial Services Index - Dec 2026 | Not available |
| Launch date | 12-02-2025 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Abhishek Bisen | Not available |
| Exit load | NIL | Not available |
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 vs Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 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 |
|---|---|---|---|---|---|---|---|
| Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund (Direct) | +0.46% | +1.68% | +3.44% | +6.53% | -- | -- | -- |
| Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund (Direct) | +0.45% | +1.65% | +3.44% | +6.61% | -- | -- | -- |
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 vs Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index: Year-wise Returns
| Year | Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 | Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 IndexNippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index |
|---|---|---|
| 2026to date | +5.54% | +5.57% |
| 2025 | -- | +8.06% |
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 vs Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 166 of them, one for each trading day from 20-02-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund (Direct)
Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund (Direct)
to
Mar 2026Apr 2025
to
Apr 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.7% | 6.6% | 6.0% | 7.6% |
| Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.8% | 6.7% | 6.2% | 7.7% |
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 20-02-2025. Past returns do not promise future returns.
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 vs Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 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 20-02-2025 to 30-10-2026: 21 instalments, ₹2,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund (Direct) | ₹2,10,000 | ₹2,23,170 | ₹13,170 | 6.9% |
| Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 IndexNippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund (Direct) | ₹2,10,000 | ₹2,23,372 | ₹13,372 | 6.9% |
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund (Direct)
Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 IndexNippon India CRISIL - IBX AAA Financial Services - Dec 2026 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.
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 vs Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund (Direct) | Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.53% | +6.61% |
| Standard deviation | 0.46% | 0.44% |
| Sharpe ratio | 2.81 | 3.10 |
| Sortino ratio | 4.80 | 5.41 |
| Maximum drawdown | −0.1% (20-01-2026) | −0.1% (20-01-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 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.
| Measure | Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund (Direct) | Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.38% | +7.45% |
| Standard deviation | 0.55% | 0.51% |
| Sharpe ratio | 3.52 | 3.55 |
| Sortino ratio | 7.01 | 6.99 |
| Maximum drawdown | −0.2% (13-06-2025) | −0.1% (13-06-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 20-02-2025 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.
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund (Direct)
Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund (Direct) | −0.2% | 09-06-2025 | 13-06-2025 | 23-06-2025 | 10 days | 0.0% |
| Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund (Direct) | −0.1% | 09-06-2025 | 13-06-2025 | 19-06-2025 | 6 days | 0.0% |
From daily values since 20-02-2025, 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.
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund (Direct)
Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund (Direct)
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 vs Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund, September 2026; Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund, September 2026
Holdings in common
- Overlap
- 42.3%
- Held by both
- 8
- Only in Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026
- 5
- Only in Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index
- 7
| Security | % of Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 | % of Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index |
|---|---|---|
| LIC HOUSING FINANCE LTD. | 13.37% | 10.65% |
| SUNDARAM FINANCE LTD. | 12.58% | 8.51% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | 11.93% | 6.22% |
| Kotak Mahindra Prime Ltd. | 4.46% | 9.80% |
| REC LTD | 4.46% | 4.26% |
| AXIS Finance Ltd. | 5.56% | 4.25% |
| REC LTD | 3.34% | 5.96% |
| KOTAK MAHINDRA INVESTMENTS LTD. | 0.56% | 8.47% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 42.3% means 42.3% 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 Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund
| Security | % of fund |
|---|---|
| INDIAN RAILWAY FINANCE CORPORATION LTD. | 13.38% |
| HDB FINANCIAL SERVICES LTD. | 11.14% |
| ADITYA BIRLA HOUSING FINANCE LTD | 7.81% |
| ADITYA BIRLA CAPITAL LTD | 3.54% |
| TATA CAPITAL LTD. | 1.11% |
Largest holdings only in Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund
| Security | % of fund |
|---|---|
| Bajaj Housing Finance Limited | 8.43% |
| Mahindra & Mahindra Financial Services Limited | 8.39% |
| 8.75% Indian Railway Finance Corporation Limited | 5.04% |
| Export Import Bank of India | 4.20% |
| Small Industries Dev Bank of India | 4.20% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 | Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 93.2% | 93.5% |
| Cash and others | 6.8% | 6.5% |
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 vs Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund | Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.10% | 0.15% |
| Base expense ratio (Direct) | 0.08% | 0.13% |
| Total expense ratio (Regular) | 0.30% | 0.35% |
| Base expense ratio (Regular) | 0.25% | 0.30% |
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.
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund vs Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund: Frequently Asked Questions
What is the difference between Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund and Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund?
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund is an Index fund, Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund is a mutual fund, run by Kotak Mahindra Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 42.3%. Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund charges 0.10% a year and Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund 0.15%.
Which has given higher returns, Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund or Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund?
Over 1 year: Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund +6.53%, Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund +6.61%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund or Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund?
Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund charges less: 0.10% a year against 0.15%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund and Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund overlap?
42.3%. They hold 8 of the same securities, the largest shared ones being LIC HOUSING FINANCE LTD., SUNDARAM FINANCE LTD., NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT. From each fund's latest monthly portfolio.
Can I invest in both Kotak CRISIL- IBX AAA Bond Financial Services Index - Dec 2026 Fund and Nippon India CRISIL - IBX AAA Financial Services - Dec 2026 Index Fund?
Yes. 42.3% of each fund's money sits in the same holdings, so a large part 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.