NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹10.18
0.01%
NAV as on 23 Nov 24, 12:00 AM
moderate risk
index funds fixed income
debt
NAV as on 23 Nov 24, 12:00 AM
moderate risk
index funds fixed income
debt
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
1.40%p.a.
Since Inception
About Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 Fund Growth scheme from Kotak Mahindra Asset Management Co Ltd. It is a Index Funds - Fixed Income mutual fund scheme that predominantly invests in Index Funds - Fixed Income stocks of companies. Launched on Sep 2024, Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 Fund Growth is Index Funds - Fixed Income fund of its category with 415.04 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Index Funds - Fixed Income funds.
- Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 Fund Growth delivered 0.0% annual returns during the last year. It has delivered 1.4% average annual returns since the fund was launched.
- Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 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 generate returns that are commensurate (before fees and expenses) with the performance of CRISILIBX AAA Financial Services Index – Sep 2027 which seeks to track the performance of AAA issuers from the financial services sector maturing near target date of the index.
Top 10 Holdings
Aditya Birla Housing Finance Limited
11.23%
LIC Housing Finance Limited
11.21%
Hdb Financial Services Ltd.
11.09%
Axis Finance Limited
10.02%
Bajaj Finance Limited
9.99%
Kotak Mahindra Prime Limited
9.96%
Tata Capital Limited
9.95%
Mahindra & Mahindra Financial Services Limited
6.20%
National Housing Bank
3.74%
Hdb Financial Services Limited
2.50%
Fund Managers
- Abhishek Bisen (Sep 2024 - Present)
Key Information
View Scheme Document
Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 Fund Growth SIP Calculator
If invested
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 Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 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 Kotak Crisil-IBX AAA Financial Services Index - Sep 2027 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
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Frequently Asked Questions
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