NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Growth for NRI [10.34]

Min Investment

5,000

Fund Size

108.29 Cr

Expense Ratio

0.3%

Exit Load

%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

10.34

0.06%

NAV as on 04 Feb 26, 12:00 AM

risk

index

debt

NAV as on 04 Feb 26, 12:00 AM

risk

index

debt

0.00%p.a.

Last 1Y

0.00%p.a.

Last 3Y

0.00%p.a.

Last 5Y

3.43%p.a.

Since Inception

About Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Growth scheme from Mirae Asset Investment Managers (India) Private Limited. It is a Index mutual fund scheme that predominantly invests in Index stocks of companies. Launched on Jun 2025, Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Growth is Index fund of its category with 108.29 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Index funds.

  • Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Growth delivered 0.0% annual returns during the last year. It has delivered 3.4% average annual returns since the fund was launched.
  • Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in debt

Fund Objective

The investment objective of the scheme is 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.

Top 10 Holdings

Repo

0.36%

Net Receivables

3.39%

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.11 BD 27FB26 FVRS10LAC

10.88%

HDB FINANCIAL SERVICES LIMITED SR A/1(FX)/186 OP 2 8.04 NCD 25FB26 FVRS10LA

10.22%

LIC HOUSING FINANCE LIMITED TR 426 7.7201 LOA 12FB26 FVRS10LAC

10.22%

REC LIMITED SR 219 7.60 BD 28FB26 FVRS1LAC

11.59%

BAJAJ FINANCE LIMITED SR 286 TR 12 8 LOA DATE 27FB26 FVRS10LAC

10.22%

KOTAK MAHINDRA PRIME LIMITED 7.97 NCD 22MY26 FVRS1LAC

11.60%

HDFC BANK LIMITED SR Z001 6 NCD 29MY26 FVRS10LAC

12.27%

NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 27FEB26

6.58%

Fund Managers

  1. Amit Modani (Jun 2025 - Present)
  2. Mahendra Kumar Jajoo (Sep 2025 - Present)
  3. Basant Bafna (Dec 2025 - Present)

Key Information

View Scheme Document

Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

NRI Mutual Fund Tax on Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Growth?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Mirae Asset CRISIL-IBX Financial Services 9-12 Months Debt Index Fund - Growth
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions