Kotak Nifty G-Sec July 2033 Index Fund vs Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Nifty G-Sec July 2033 Index Fund is an Index fund and Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund is an Index fund. In the 3 years to 30-10-2026, Kotak Nifty G-Sec July 2033 Index Fund (Direct) returned 7.0% a year and Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct) returned 7.0% a year. Kotak Nifty G-Sec July 2033 Index Fund charges 0.14% a year and Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund 0.18% (Direct plans). Their portfolios overlap 39.5%: they hold 2 of the same securities.
Kotak Nifty G-Sec July 2033 Index Fund
Index
- 3 year return
- 7.0%
- Expense ratio
- 0.14%
- NAV
- ₹12.28
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund
Index
- 3 year return
- 7.0%
- Expense ratio
- 0.18%
- NAV
- ₹13.24
Which is better, Kotak Nifty G-Sec July 2033 Index or Mirae Asset CRISIL IBX Gilt Index - April 2033 Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Mirae Asset CRISIL IBX Gilt Index - April 2033 Index returned more over 3 years: 7.0% a year against 7.0%.
- Kotak Nifty G-Sec July 2033 Index returned more over 1 year: 2.4% against 2.0%.
- Kotak Nifty G-Sec July 2033 Index costs less: 0.14% a year against 0.18% (Direct plans).
- Mirae Asset CRISIL IBX Gilt Index - April 2033 Index swung less over 3 years: a standard deviation of 2.3% a year against 2.3%.
- Kotak Nifty G-Sec July 2033 Index fell less in its worst fall since 13-10-2023: −2.9% against −2.9%.
- Mirae Asset CRISIL IBX Gilt Index - April 2033 Index is the larger fund: ₹206 Cr against ₹21 Cr.
- Their portfolios overlap 39.5%: 2 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 Nifty G-Sec July 2033 Index Fund | Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Mirae Asset Mutual Fund |
| Category | Index | Index |
| AUM | ₹21 Cr (30-09-2026) | ₹206 Cr (30-09-2026) |
| NAV | ₹12.28 (Direct) | ₹13.24 (Direct) |
| Expense ratio (Direct) | 0.14% | 0.18% |
| Expense ratio (Regular) | 0.39% | 0.45% |
| Riskometer | Moderate | Moderate |
| Benchmark | Nifty G-Sec July 2033 Index | CRISIL IBX Gilt Index - April 2033 |
| Launch date | 11-10-2023 | 20-10-2022 |
| Minimum investment | ₹100 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Abhishek Bisen | Pranavi Kulkarni |
| Exit load | Nil | Nil |
Kotak Nifty G-Sec July 2033 Index vs Mirae Asset CRISIL IBX Gilt Index - April 2033 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 Nifty G-Sec July 2033 Index Fund (Direct) | −0.78% | −1.91% | +1.40% | +2.42% | +7.04% | -- | -- |
| Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct) | −0.81% | −1.99% | +1.24% | +1.99% | +7.04% | -- | -- |
Kotak Nifty G-Sec July 2033 Index vs Mirae Asset CRISIL IBX Gilt Index - April 2033 Index: Year-wise Returns
| Year | Kotak Nifty G-Sec JulyKotak Nifty G-Sec July 2033 Index | Mirae Asset CRISIL IBX Gilt Index - AprilMirae Asset CRISIL IBX Gilt Index - April 2033 Index |
|---|---|---|
| 2026to date | +1.65% | +1.28% |
| 2025 | +7.72% | +7.77% |
| 2024 | +9.21% | +9.53% |
| 2023 | -- | +8.04% |
Kotak Nifty G-Sec July 2033 Index vs Mirae Asset CRISIL IBX Gilt Index - April 2033 Index: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 496 of them, one for each trading day from 14-10-2024 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 Nifty G-Sec July 2033 Index Fund (Direct)
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct)
to
Dec 2024Apr 2024
to
Apr 2025Aug 2024
to
Aug 2025Dec 2024
to
Dec 2025May 2025
to
May 2026Aug 2025
to
Aug 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 Nifty G-Sec July 2033 Index | 0.0 | 21.2 | 55.8 | 23.0 | 0.0 | 0.0 | 0.0 | 7.8% | 8.4% | 1.5% | 12.8% |
| Mirae Asset CRISIL IBX Gilt Index - April 2033 Index | 0.0 | 24.0 | 49.8 | 26.2 | 0.0 | 0.0 | 0.0 | 7.8% | 8.5% | 1.1% | 13.1% |
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 13-10-2023. Past returns do not promise future returns.
Kotak Nifty G-Sec July 2033 Index vs Mirae Asset CRISIL IBX Gilt Index - April 2033 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 13-10-2023 to 30-10-2026: 37 instalments, ₹3,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Nifty G-Sec July 2033 IndexKotak Nifty G-Sec July 2033 Index Fund (Direct) | ₹3,70,000 | ₹4,00,140 | ₹30,140 | 5.0% |
| Mirae Asset CRISIL IBX Gilt Index - April 2033 IndexMirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct) | ₹3,70,000 | ₹3,99,180 | ₹29,180 | 4.9% |
Kotak Nifty G-Sec July 2033 IndexKotak Nifty G-Sec July 2033 Index Fund (Direct)
Mirae Asset CRISIL IBX Gilt Index - April 2033 IndexMirae Asset CRISIL IBX Gilt Index - April 2033 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 Nifty G-Sec July 2033 Index vs Mirae Asset CRISIL IBX Gilt Index - April 2033 Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Nifty G-Sec July 2033 Index Fund (Direct) | Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +2.42% | +1.99% |
| Standard deviation | 2.69% | 2.69% |
| Sharpe ratio | -1.05 | -1.21 |
| Sortino ratio | -1.42 | -1.64 |
| Maximum drawdown | −2.9% (26-10-2026) | −2.9% (26-10-2026) |
| 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 Nifty G-Sec July 2033 Index Fund (Direct) | Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.04% | +7.04% |
| Standard deviation | 2.27% | 2.26% |
| Sharpe ratio | 0.45 | 0.45 |
| Sortino ratio | 0.64 | 0.64 |
| Maximum drawdown | −2.9% (26-10-2026) | −2.9% (26-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 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 Nifty G-Sec July 2033 Index Fund (Direct) | Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.94% | +7.22% |
| Standard deviation | 2.26% | 2.38% |
| Sharpe ratio | 0.40 | 0.44 |
| Sortino ratio | 0.57 | 0.64 |
| Maximum drawdown | −2.9% (26-10-2026) | −2.9% (26-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 13-10-2023 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 Nifty G-Sec July 2033 Index Fund (Direct)
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Nifty G-Sec July 2033 Index Fund (Direct) | −2.9% | 14-08-2026 | 26-10-2026 | Not yet | -- | −2.6% |
| Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct) | −2.9% | 14-08-2026 | 26-10-2026 | Not yet | -- | −2.6% |
From daily values since 13-10-2023, 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 Nifty G-Sec July 2033 Index Fund (Direct)
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Nifty G-Sec July 2033 Index Fund (Direct)
Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (Direct)
Kotak Nifty G-Sec July 2033 Index vs Mirae Asset CRISIL IBX Gilt Index - April 2033 Index: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Nifty G-Sec July 2033 Index Fund, September 2026; Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund, September 2026
Holdings in common
- Overlap
- 39.5%
- Held by both
- 2
- Only in Kotak Nifty G-Sec July 2033 Index
- 0
- Only in Mirae Asset CRISIL IBX Gilt Index - April 2033 Index
- 4
| Security | % of Kotak Nifty G-Sec July 2033 Index | % of Mirae Asset CRISIL IBX Gilt Index - April 2033 Index |
|---|---|---|
| Central Government - 2032 | 30.07% | 20.13% |
| Central Government - 2033 | 67.13% | 19.36% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 39.5% means 39.5% 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 Kotak Nifty G-Sec July 2033 Index Fund
Every holding of this fund is also held by the other.
Largest holdings only in Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund
| Security | % of fund |
|---|---|
| 6.28% Government of India (MD 14/07/2032) | 23.44% |
| 6.68% Government of India (MD 27/01/2033) | 16.65% |
| 7.95% Government of India (MD 28/08/2032) | 10.14% |
| 8.32% Government of India (MD 02/08/2032) | 7.69% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Nifty G-Sec July 2033 Index | Mirae Asset CRISIL IBX Gilt Index - April 2033 Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 97.2% | 97.4% |
| Cash and others | 2.8% | 2.6% |
Kotak Nifty G-Sec July 2033 Index vs Mirae Asset CRISIL IBX Gilt Index - April 2033 Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Nifty G-Sec July 2033 Index Fund | Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.14% | 0.18% |
| Base expense ratio (Direct) | 0.12% | 0.15% |
| Total expense ratio (Regular) | 0.39% | 0.45% |
| Base expense ratio (Regular) | 0.33% | 0.38% |
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 Nifty G-Sec July 2033 Index Fund vs Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund: Frequently Asked Questions
What is the difference between Kotak Nifty G-Sec July 2033 Index Fund and Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund?
Kotak Nifty G-Sec July 2033 Index Fund is an Index fund, Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund is an Index fund, run by Kotak Mahindra Mutual Fund and Mirae Asset Mutual Fund. Their portfolios overlap 39.5%. Kotak Nifty G-Sec July 2033 Index Fund charges 0.14% a year and Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund 0.18%.
Which has given higher returns, Kotak Nifty G-Sec July 2033 Index Fund or Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund?
Over 1 year: Kotak Nifty G-Sec July 2033 Index Fund +2.42%, Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund +1.99%. Over 3 years: Kotak Nifty G-Sec July 2033 Index Fund +7.04% a year, Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund +7.04% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Nifty G-Sec July 2033 Index Fund or Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund?
Kotak Nifty G-Sec July 2033 Index Fund charges less: 0.14% a year against 0.18%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Nifty G-Sec July 2033 Index Fund and Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund overlap?
39.5%. They hold 2 of the same securities, the largest shared ones being Central Government - 2032, Central Government - 2033. From each fund's latest monthly portfolio.
Which is riskier, Kotak Nifty G-Sec July 2033 Index Fund or Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund?
On SEBI's riskometer, Kotak Nifty G-Sec July 2033 Index Fund is rated Moderate and Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund Moderate. Over 3 years, the standard deviation of daily returns was 2.27% and 2.26% a year.
Which is better for SIP, Kotak Nifty G-Sec July 2033 Index Fund or Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund?
Over the last 3 years, a monthly SIP of ₹10,000 from 13-10-2023 to 30-10-2026 grew to ₹4,00,140 in Kotak Nifty G-Sec July 2033 Index Fund (XIRR 5.0% a year) and ₹3,99,180 in Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund (XIRR 4.9% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Nifty G-Sec July 2033 Index Fund and Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund?
Yes. 39.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak Nifty G-Sec July 2033 Index Fund and Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund?
Kotak Nifty G-Sec July 2033 Index Fund: Abhishek Bisen. Mirae Asset CRISIL IBX Gilt Index - April 2033 Index Fund: Pranavi Kulkarni.
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.