Ascetic in the distance crossing K1 (5)
I believe the answer is:
fakir
'ascetic' is the definition.
(I know that Fakir is a type of ascetic)
'distance crossing k1' is the wordplay.
'distance' becomes 'fair' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'crossing' is an insertion indicator (to cross can mean to go over or around).
'kf' becomes 'k'.
'fair' going around 'k' is 'FAKIR'.
'in the' acts as a link.
Can you help me to learn more?
(Other definitions for fakir that I've seen before include "Religious ascetic living solely on alms" , "Ascetic in India" , "Eastern holy man" , "Muslim or Hindu mendicant holy man" , "Religious mendicant in India" .)