Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund vs SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund is an Index fund and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is a mutual fund. Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund charges 0.20% a year and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund 0.14% (Direct plans). Their portfolios overlap 11.1%: they hold 4 of the same securities.
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund
Index
- Expense ratio
- 0.20%
- NAV
- ₹11.65
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
- Expense ratio
- 0.14%
- NAV
- ₹10.30
Which is better, Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 or SBI 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.
- SBI CRISIL-IBX Financial Services 9-12 Months Debt Index costs less: 0.14% a year against 0.20% (Direct plans).
- SBI CRISIL-IBX Financial Services 9-12 Months Debt Index fell less in its worst fall since 27-04-2026: −0.3% against −0.4%.
- Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 is the larger fund: ₹606 Cr against ₹482 Cr.
- Their portfolios overlap 11.1%: 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 | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund | SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | SBI Mutual Fund |
| Category | Index | Not available |
| AUM | ₹606 Cr (30-09-2026) | ₹482 Cr (30-09-2026) |
| NAV | ₹11.65 (Direct) | ₹10.30 (Direct) |
| Expense ratio (Direct) | 0.20% | 0.14% |
| Expense ratio (Regular) | 0.39% | 0.31% |
| Riskometer | Low to Moderate | Not available |
| Benchmark | CRISIL-IBX AAA Financial Services Index – Sep 2027 | Not available |
| Launch date | 13-09-2024 | Not available |
| Minimum investment | ₹100 | Not available |
| Lock in | None | Not available |
| Fund managers | Abhishek Bisen | Not available |
| Exit load | Exit load of 0.25%, if redeemed within 30 days. | Not available |
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 vs SBI 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 |
|---|---|---|---|---|---|---|---|
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) | +0.21% | +1.21% | +3.03% | +5.64% | -- | -- | -- |
| SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) | +0.21% | +1.24% | +3.07% | -- | -- | -- | -- |
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 vs SBI CRISIL-IBX Financial Services 9-12 Months Debt Index: Year-wise Returns
| Year | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 | SBI CRISIL-IBX Financial Services 9-12 Months Debt IndexSBI CRISIL-IBX Financial Services 9-12 Months Debt Index |
|---|---|---|
| 2026to date | +4.65% | -- |
| 2025 | +8.50% | -- |
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 vs SBI CRISIL-IBX Financial Services 9-12 Months Debt Index: Rolling Returns
Every holding period of both funds
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 vs SBI 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 | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund (Direct) | SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.36% | +6.01% |
| Standard deviation | 0.78% | 0.70% |
| Sharpe ratio | 2.14 | 1.05 |
| Sortino ratio | 3.44 | 1.53 |
| Maximum drawdown | −0.4% (21-05-2026) | −0.3% (22-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 23-09-2024 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 Financial Services Index-Sep 2027 Fund (Direct)
SBI 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 |
|---|---|---|---|---|---|---|
| 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% |
| SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) | −0.3% | 11-05-2026 | 22-05-2026 | 01-06-2026 | 10 days | −0.0% |
From daily values since 27-04-2026, the first day every fund has.
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 vs SBI CRISIL-IBX Financial Services 9-12 Months Debt Index: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund, September 2026; SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, September 2026
Holdings in common
- Overlap
- 11.1%
- Held by both
- 4
- Only in Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027
- 13
- Only in SBI CRISIL-IBX Financial Services 9-12 Months Debt Index
- 15
| Security | % of Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 | % of SBI CRISIL-IBX Financial Services 9-12 Months Debt Index |
|---|---|---|
| REC LTD | 9.07% | 5.18% |
| BAJAJ HOUSING FINANCE LTD. | 4.16% | 10.37% |
| TATA CAPITAL HOUSING FINANCE LTD. | 1.65% | 5.28% |
| L & T FINANCE LTD. | 0.41% | 0.10% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.1% means 11.1% 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 Financial Services Index-Sep 2027 Fund
| Security | % of fund |
|---|---|
| BAJAJ FINANCE LTD. | 11.59% |
| LIC HOUSING FINANCE LTD. | 8.18% |
| HDB FINANCIAL SERVICES LTD. | 7.81% |
| AXIS Finance Ltd. | 7.63% |
| ADITYA BIRLA HOUSING FINANCE LTD | 7.43% |
Largest holdings only in SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
| Security | % of fund |
|---|---|
| Canara Bank | 9.84% |
| TATA Capital Ltd. | 9.66% |
| L&T Finance Ltd. | 9.66% |
| Sundaram Finance Ltd. | 9.65% |
| HDFC Bank Ltd. | 8.08% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 | SBI CRISIL-IBX Financial Services 9-12 Months Debt Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.8% | 99.5% |
| Cash and others | 5.2% | 0.5% |
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 vs SBI CRISIL-IBX Financial Services 9-12 Months Debt Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund | SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.20% | 0.14% |
| Base expense ratio (Direct) | 0.17% | 0.10% |
| Total expense ratio (Regular) | 0.39% | 0.31% |
| Base expense ratio (Regular) | 0.33% | 0.24% |
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 Financial Services Index-Sep 2027 Fund vs SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund: Frequently Asked Questions
What is the difference between Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund is an Index fund, SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is a mutual fund, run by Kotak Mahindra Mutual Fund and SBI Mutual Fund. Their portfolios overlap 11.1%. Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund charges 0.20% a year and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund 0.14%.
Which has the lower expense ratio, Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund or SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund charges less: 0.14% a year against 0.20%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund overlap?
11.1%. They hold 4 of the same securities, the largest shared ones being REC LTD, BAJAJ HOUSING FINANCE LTD., TATA CAPITAL HOUSING FINANCE LTD.. From each fund's latest monthly portfolio.
Can I invest in both Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
Yes. 11.1% 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.