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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FAQ's

Frequenlty Asked Question

Why should I choose KSquare for my SIP needs?

KSquare offers expert support, real-time tracking, flexible options, and a user-friendly platform to grow your wealth steadily.

What is a Loan Against Mutual Fund (LAMF)?

A Loan Against Mutual Fund allows you to borrow money by pledging your mutual fund units as collateral without selling your investments.

What documents are needed to invest in an NFO through KSquare?

You’ll need KYC-compliant documents like PAN, Aadhaar, and bank details to invest in NFOs through KSquare.

Is there a credit score requirement for getting LAMF?

While credit score matters, lenders also consider the value and type of mutual funds pledged. KSquare helps assess your eligibility beforehand.

Can I change my fund manager in NPS via KSquare?

Yes, KSquare allows you to switch your fund manager or investment option once a year through your dashboard.

What is the typical duration of an NFO subscription period?

NFOs generally remain open for 7 to 15 days, after which the scheme is closed for subscription until listed.

What documents are needed for applying LAMF?

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

Do SIPs help in achieving children’s education goals?

Yes, SIPs offer structured savings and growth, ensuring funds are ready when needed for future school, college or career plans.

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