AMFI - Registered Mutual Fund Distributor

Mirae Asset CRISIL IBX Financial Services 9 12 Months Debt Index Fund Direct Growth

Low To Moderate Risk | Equity

Fund Overview

Launch Date

17 Jun 2025

End Date

23 Jun 2025

Allotment Date

25 Jun 2025

NAV

₹10.00

Expense Ratio, Exit Load & Tax

Expense ratio

Inclusive of GST

Exit load

Nil

Stamp Duty

0.005% (from July 1st, 2020)

Tax implication

NA

Minimum Investment Amounts

Min. for 1st investment

₹5000

Min. for 2nd investment onwards

₹5000

Min. for SIP

₹99

Fund Managment

Amit Modani

Jun 2025 - Present

Education

Mr. Modani is Chartered Accountant

Experience

Prior to joining Mirae Asset Mutual Fund, he has worked with BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.

Fund House & Investment Objective

Mirae Asset Mutual Fund

Rank(total assets)

#13 in India

Date of Incorportation

30/11/2007

Total AUM

₹2,03,958.46Cr

Mirae Asset CRISIL IBX Financial Services 9 12 Months Debt Index Fund Direct Growth is a NA Mutual Fund Scheme launched by Mirae Asset Mutual Fund. This scheme was made available to investors on 30 Nov 2007. Amit Modani is the Current Fund Manager of Mirae Asset CRISIL IBX Financial Services 9 12 Months Debt Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹2,03,958 Cr and the Latest NAV as of 17 Jun 2025 is ₹10.00. The Mirae Asset CRISIL IBX Financial Services 9 12 Months Debt Index Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹99. Minimum Lumpsum Investment is ₹5,000.


Investment Objective

The scheme seeks to track the CRISIL-IBX Financial Services 9-12 Months Debt Index by investing in Commercial Papers (CPs), Certificates of Deposit (CDs) and Corporate Bond Securities, maturing in 9-12 months and seeks to generate returns that are commensurate (before fees and expenses) with the performance of the underlying Index, subject to tracking error

Fund benchmark

CRISIL-IBX Financial Services 9-12 Months Debt Index

Fund House Contact Details

Address

Unit No.606 - 6th Floor,Windsor Building - Off. CST Road,Kalina, Santacruz (East), Mumbai 400098

Phone

022-67800301 / 1800-2090-777

Launch Fund Date

30 Nov 2007

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Bandhan Silver Etf – Demat Only

Very High Risk | Equity

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Dsp Nifty Midcap 150 Etf – Demat Only

Select Risk Level | Equity

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Dsp Msci India Etf – Demat Only

Low To Moderate Risk | Equity

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Edelweiss Nifty 50 Etf – Demat Only

Very High Risk | Equity

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Bandhan Silver Etf – Demat Only

Very High Risk | Equity

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Testimonial

Genuine Review Form Statisifed Customers

5 Out of 5 (4292 Reviews)

KSquare helped me choose the right pension fund with detailed comparisons. Their expert team made everything clear.

Karan Mehra

Karan Mehra

IT Solutions Architect

Thanks to KSquare, I’ve finally started saving regularly. Their SIP structure fits my needs, and I feel much more confident about my financial future.

Ritika Shah

Ritika Shah

Pharmacist

I started my NPS with KSquare last year, and the process was very smooth. I trust them with long-term goals.

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Deepika Menon

Digital Marketer

KSquare’s loan facility saved me during a financial crunch. I didn’t need to touch my investments—very helpful!

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Plant Manager

For long-term stability, I trust KSquare’s NPS guidance. Their regular insights and personal approach are top-notch.

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Geologist

Investing in India felt intimidating until I found KSquare. Their NRI Corner made it straightforward and transparent. It’s exactly what I needed living abroad.

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University Lecturer

KSquare’s service was fast, transparent, and easy to follow. Perfect for someone like me who needed quick access to funds.

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Very few services feel as reliable as KSquare’s NRI Corner. Their consistent communication and legal clarity made my decisions easier.

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Dev Mehta

Aerospace Engineer

I never thought NPS could be this simple. KSquare gave me full control and transparency over my retirement planning.

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Legal Assistant

Quick approvals, low documentation, and expert help—KSquare’s loan service is ideal for anyone needing funds quickly.

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Fashion Designer

FAQ's

Frequenlty Asked Question

Are SIPs better than lump sum investments?

SIPs help average out market volatility over time, making them a safer and more consistent choice than lump sum investing.

What are mutual funds and how do they work?

Mutual funds pool money from many investors to invest in a diversified portfolio of stocks, bonds, or other assets managed by professionals.

Can I invest in SIPs from abroad with KSquare?

Yes, NRIs can set up SIPs through their NRE/NRO accounts. KSquare automates the process for convenience.

Are returns from mutual funds taxable for NRIs?

Yes, returns are subject to TDS based on fund type and holding period. KSquare helps you plan for this.

How does KSquare select and list New Fund Offerings?

KSquare features only SEBI-registered, vetted NFOs and provides research insights to help investors make informed choices.

Does KSquare assist with KYC for NRI clients?

Yes, KSquare helps NRIs complete the KYC process digitally, making onboarding quick and hassle-free.

What documents are needed for applying LAMF?

Basic KYC documents, bank statements, and demat account details are required. KSquare helps with digital submission.

What is the ideal duration for a SIP investment?

The longer the duration, the better the returns. Ideally, stay invested for at least 5–10 years for best results.

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