Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund vs SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is a mutual fund and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is a mutual fund. Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund charges 0.12% a year and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund 0.14% (Direct plans). Their portfolios overlap 23.7%: they hold 3 of the same securities.
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
- Expense ratio
- 0.12%
- NAV
- ₹10.41
SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
- Expense ratio
- 0.14%
- NAV
- ₹10.30
Which is better, Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index 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.
- Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index costs less: 0.12% a year against 0.14% (Direct plans).
- Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index fell less in its worst fall since 27-04-2026: −0.2% against −0.3%.
- Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index is the larger fund: ₹543 Cr against ₹482 Cr.
- Their portfolios overlap 23.7%: 3 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 | Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund |
|---|---|---|
| Fund house | Nippon India Mutual Fund | SBI Mutual Fund |
| Category | Not available | Not available |
| AUM | ₹543 Cr (30-09-2026) | ₹482 Cr (30-09-2026) |
| NAV | ₹10.41 (Direct) | ₹10.30 (Direct) |
| Expense ratio (Direct) | 0.12% | 0.14% |
| Expense ratio (Regular) | 0.23% | 0.31% |
| Riskometer | Not available | Not available |
| Benchmark | Not available | Not available |
| Launch date | Not available | Not available |
| Minimum investment | Not available | Not available |
| Lock in | Not available | Not available |
| Fund managers | Not available | Not available |
| Exit load | Not available | Not available |
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index 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 |
|---|---|---|---|---|---|---|---|
| Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) | +0.19% | +1.26% | +3.09% | -- | -- | -- | -- |
| SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) | +0.21% | +1.24% | +3.07% | -- | -- | -- | -- |
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index vs SBI CRISIL-IBX Financial Services 9-12 Months Debt Index: Rolling Returns
Every holding period of both funds
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index 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 | Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) | SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.18% | +6.01% |
| Standard deviation | 0.73% | 0.70% |
| Sharpe ratio | 1.27 | 1.05 |
| Sortino ratio | 1.89 | 1.53 |
| Maximum drawdown | −0.2% (22-05-2026) | −0.3% (22-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 04-03-2026 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.
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index 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 |
|---|---|---|---|---|---|---|
| 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% |
| 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.
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index vs SBI CRISIL-IBX Financial Services 9-12 Months Debt Index: Portfolio Overlap
From each fund's latest monthly portfolio: Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, September 2026; SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, September 2026
Holdings in common
- Overlap
- 23.7%
- Held by both
- 3
- Only in Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index
- 19
- Only in SBI CRISIL-IBX Financial Services 9-12 Months Debt Index
- 16
| Security | % of Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index | % of SBI CRISIL-IBX Financial Services 9-12 Months Debt Index |
|---|---|---|
| L&T Finance Limited | 12.02% | 9.66% |
| Tata Capital Limited | 10.30% | 9.66% |
| Canara Bank | 4.37% | 9.84% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 23.7% means 23.7% 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 Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
| Security | % of fund |
|---|---|
| Kotak Mahindra Prime Limited | 12.88% |
| 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% |
Largest holdings only in SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
| Security | % of fund |
|---|---|
| Bajaj Housing Finance Ltd. | 10.37% |
| Sundaram Finance Ltd. | 9.65% |
| HDFC Bank Ltd. | 8.08% |
| Bajaj Finance Ltd. | 7.75% |
| LIC Housing Finance Ltd. | 5.29% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index | SBI CRISIL-IBX Financial Services 9-12 Months Debt Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.8% | 99.5% |
| Cash and others | 3.2% | 0.5% |
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index 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 | Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund | SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.12% | 0.14% |
| Base expense ratio (Direct) | 0.09% | 0.10% |
| Total expense ratio (Regular) | 0.23% | 0.31% |
| Base expense ratio (Regular) | 0.19% | 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.
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund vs SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund: Frequently Asked Questions
What is the difference between Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is a mutual fund, SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund is a mutual fund, run by Nippon India Mutual Fund and SBI Mutual Fund. Their portfolios overlap 23.7%. Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund charges 0.12% a year and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund 0.14%.
Which has the lower expense ratio, Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund or SBI 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 Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund overlap?
23.7%. They hold 3 of the same securities, the largest shared ones being L&T Finance Limited, Tata Capital Limited, Canara Bank. From each fund's latest monthly portfolio.
Can I invest in both Nippon India CRISIL-IBX Financial Services 9-12 Months Debt Index Fund and SBI CRISIL-IBX Financial Services 9-12 Months Debt Index Fund?
Yes. 23.7% 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.