HealthyDirect · GrowthFit for a long SIP
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund
Kotak Mahindra Mutual FundOther Scheme - Index Funds1.6 years
- NAV
- 11.1556
- 30 Oct 2026
- 1Y
- +6.5%
- Trailing CAGR
- AUM
- ₹236.47 Cr
- 30 Sept 2026
- Volatility
- Low
- 0.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 94% of rolling 1-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Fail
1.6 years - thin for judging consistency.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.12% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -0.2%. Ask whether you can hold through a similar fall.
Vs category
n/a
Category relative read still thin.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 84.3% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 0%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.5%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- SI+6.8%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.5%
- 3Yn/a
- 5Yn/a
- 10Yn/a
- Since inception
- +6.8%
- Calendar-day CAGR
- Excess 1Y
- +10.1%
- Category median, same plan and option
- 3Y win rate
- n/a
- Windows beating the median
- 3Y percentile
- n/a
- Vs comparable share classes
- SIP 3Y XIRR
- n/a
- Simulated monthly SIP
- Worst rolling 3Y
- n/a
- 0 daily-ending windows
- Median rolling 3Y
- n/a
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -0.2%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +12%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 3 days
- 20 recovered episodes
- Longest recovery
- 10 days
- Trough to prior peak
14 Oct 2026 – 29 Oct 2026
Trough 22 Oct 2026 · recovered in 7 days
-0.2%
7 Sept 2026 – 21 Sept 2026
Trough 11 Sept 2026 · recovered in 10 days
-0.1%
6 Jul 2026 – 10 Jul 2026
Trough 8 Jul 2026 · recovered in 2 days
-0.1%
11 Mar 2026 – 17 Mar 2026
Trough 13 Mar 2026 · recovered in 4 days
-0.0%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
37
Vs category
100
Consistency
94
Risk-adjusted
100
Drawdown
100
Mean
86
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 94% of rolling 1-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 19 holdings · top 10 are 84.3%.
- Top 5
- 51.3%
- Top 10
- 84.3%
- Largest holding
- 10.3%
- Effective holdings
- 12.6
ADITYA BIRLA CAPITAL LIMITED 363D CP 09FEB27
Financial
10.3%
HDFC BANK LIMITED CD 09MAR27
Financial
10.3%
PUNJAB NATIONAL BANK CD 12MAR27
Financial
10.3%
LIC HOUSING FINANCE LTD 351D CP 11MAR27
Financial
10.3%
Export-Import Bank of India (12/03/2027) **
Financial
10.3%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential Nifty Auto Index Fund
ICICI Prudential Mutual Fund
- 1Y
- -4.6%
- 3Y
- +17.1%
- Vol
- 18.0%
- Max DD
- -28.3%
- Sharpe
- 0.76
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
ICICI Prudential Nifty Midcap 150 Index Fund
ICICI Prudential Mutual Fund
- 1Y
- -4.6%
- 3Y
- +13.3%
- Vol
- 16.7%
- Max DD
- -21.1%
- Sharpe
- 0.52
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Kotak Nifty Next 50 Index Fund
Kotak Mahindra Mutual Fund
- 1Y
- -2.7%
- 3Y
- +16.2%
- Vol
- 17.5%
- Max DD
- -26.3%
- Sharpe
- 0.49
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown · Higher TER
Motilal Oswal BSE Enhanced Value Index Fund
Motilal Oswal Mutual Fund
- 1Y
- -7.9%
- 3Y
- +17.8%
- Vol
- 19.9%
- Max DD
- -22.1%
- Sharpe
- 0.86
- 3Y win
- +100%
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Nippon India Nifty India Manufacturing Index Fund
Nippon India Mutual Fund
- 1Y
- -2.0%
- 3Y
- n/a
- Vol
- 15.2%
- Max DD
- -12.8%
- Sharpe
- -0.04
- 3Y win
- n/a
- Higher win rate vs category
Caveat: Higher volatility · Deeper drawdown · Higher TER · Lower trailing returns