HDFC Mutual Fund (MF) has launched HDFC CRISIL-IBX Financial Services 9-12 Months Debt Index Fund, an open-ended Scheme tracking the CRISIL-IBX Financial Services 9-12 Months Debt Index with Relatively Low Interest Rate Risk and Relatively Low Credit Risk. The NFO opens for subscription on March 19, 2026 and closes on March 23, 2026. No Entry Load will be charged and Exit Load is nil for the scheme. The minimum subscription amount is Rs. 100/- and any amount thereafter.The performance of the scheme will be benchmarked against CRISIL-IBX Financial Services 9- 12 Months Debt Index and its fund managers are Anupam Joshi and Praveen Jain.The investment objective of the scheme is to generate returns that are commensurate (before fees and expenses) with the performance of the CRISIL-IBX Financial Services 9-12 Months Debt Index, subject to tracking difference.