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Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 78/100 · Good
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)—
- Expense ratio (20%)0.1%
- AUM (15%)₹138 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Mirae Asset Mutual Fund · Debt · Low Duration
₹10.79
AUM: ₹138 Cr
NAV updated 6 days ago
Plan
Regular
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.1%
Exit Load
Nil
Fund Manager
Amit Modani
Inception
Jun 2025
Benchmark
CRISIL-IBX Financial Services 9-12 Months Debt Index
Sharpe Ratio
-0.25
Std Dev (1Y)
0.59%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.57%
3m
+1.89%
6m
+3.53%
1y
+6.32%
3y
—
5y
—
10y
—
since inception
+6.13%
TopFund's Take on Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW holds up reasonably well within the Low Duration category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 78/100.
Cost: At 0.1%, the expense ratio is meaningfully cheaper — about 57% below the Low Duration category average of 0.23% (based on 48 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.25 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.59% is on the lower side for a Low Duration fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW
The current NAV (Net Asset Value) of Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW is ₹10.79. NAV is updated every business day after market close by AMFI.
1Y: 6.32%
The expense ratio of Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW is 0.1% per annum. This is the annual fee charged by the fund to manage your investment.
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW is managed by Amit Modani at Mirae Asset Mutual Fund.
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW is a Low Duration fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Regular Plan - IDCW is ₹138 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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