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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Hsbc Gold Etf – Demat Only

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Very High Risk | Equity

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Low To Moderate Risk | Equity

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Testimonial

Genuine Review Form Statisifed Customers

4.6 Out of 5 (9161 Reviews)

KSquare made investing so simple! Their SIP options fit my monthly budget and help me build wealth consistently without worry. I highly recommend it to anyone starting their financial journey.

Aarav Sharma

Aarav Sharma

Software Engineer

Starting SIPs with KSquare has brought so much clarity to my finances. Their platform is smooth, and the investment returns speak for themselves.

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FAQ's

Frequenlty Asked Question

Can I track my SIP performance on KSquare?

Yes, KSquare offers detailed tracking tools and insights so you can monitor your SIP performance anytime.

What are the tax benefits of NPS?

NPS offers deductions up to ₹1.5 lakh under Section 80C and an additional ₹50,000 under Section 80CCD(1B) of the Income Tax Act.

Do NFOs offer better returns than existing funds?

Not always. While some NFOs may perform well, they lack historical data. KSquare helps evaluate the potential.

Does KSquare offer mutual funds for tax savings?

Yes, KSquare offers ELSS mutual funds, which are eligible for tax deductions under Section 80C up to ₹1.5 lakh.

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.

Are SIP investments safe?

While SIPs are subject to market risks, long-term investing and diversification help reduce risk and improve returns.

What is the role of a fund manager in mutual funds?

Fund managers decide where to invest the pooled money, aiming to maximize returns based on the fund’s strategy.

Can I nominate someone for my NPS account?

Yes, nomination is mandatory and can be easily added or updated through your KSquare profile.

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