Kotak Money Market Fund - Direct Plan - (Monthly Payout of Income Distribution cum capital withdrawal option)
The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year.There is no assurance that the investment objective of the Scheme will be realised.
AMC websiteScheme documentsNAV history (AMFI)
- Current NAV₹1,309.93
- Fund Size (AUM)₹ 27,513 Cr.
- Expense Ratio0.16 %
- 1Y Return+6.11%
- 3Y Return (CAGR)+4.83%
- 5Y Return (CAGR)+4.75%
- Category Rank (3Y)—
- RiskometerLow to Moderate Risk
- Min. SIP / Lump sum₹ 100 / ₹ 100
More figures (11)
- Since Launch (CAGR)+42.35%
- Benchmark—
- Volatility (3Y)1.28 %
- Sharpe Ratio (3Y)-1.31
- Beta (3Y)—
- 52-week High / Low₹1,310.72 / ₹1,234.54
- Max Drawdown-1.6 %
- Launched1 Jan 2013
- Lock-inNone
- Portfolio Turnover—
- Fund ManagersDeepak Agrawal, Manu Sharma
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned 4.8% a year.
- Volatility over 3 years was 1.3% a year, with a Sharpe ratio of -1.31.
- Its biggest fall from a peak was 1.6% (12 Apr 2019 to 24 Mar 2020).
- Across all 3-year periods since launch, yearly returns ranged from -0.3% to 365.3% and were positive 77% of the time.
- Expense ratio 0.16%, fund size ₹27,513 crore.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -0.01% | +0.42% | +1.66% | +3.20% | +4.81% | +6.11% | +5.24% | +4.83% | +4.75% | +3.79% | +2.66% | +42.35% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Money Market Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | +4.81% | +4.74% | +4.63% | +6.23% | +3.26% | +2.88% | -0.09% | -0.01% | +0.16% | +0.03% | -0.06% |
January to December each year; the current year is to date.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 1.28% | 1.08% |
| Sharpe ratio ? | -1.31 | -1.61 |
| Sortino ratio ? | -1.36 | -1.68 |
| Maximum drawdown | -0.71% | -0.71% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,24,156 | ₹4,156 | +6.46% |
| 3Y | ₹3,60,000 | ₹3,90,966 | ₹30,966 | +5.43% |
| 5Y | ₹6,00,000 | ₹6,85,245 | ₹85,245 | +5.25% |
| 10Y | ₹12,00,000 | ₹14,62,869 | ₹2,62,869 | +3.88% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
Compare with all Money Market Funds (28)
Sorted by 3-year return; tap a heading to sort. Sorting by past returns is a way to explore data, not a ranking of which fund to choose. 3Y and 5Y are yearly (CAGR).
Scheme details
- Investment objective
- The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year.There is no assurance that the investment objective of the Scheme will be realised.
- Fund managers
- Deepak Agrawal, Manu Sharma
- Fund house
- Kotak Mahindra Mutual Fund
- Category
- Money Market Funds · Debt
- Plan / option
- Direct · IDCW (income distribution)
- AMFI scheme code
- 119747
- ISIN
- INF174K019O8, INF174K01MX0
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Money Market Funds
Money Market Funds invest in money-market instruments maturing within one year.
Generally used by short-term money with a horizon up to about a year.
Other plans of this scheme
- Kotak Money Market Fund - Direct Plan - (Growth)
- Kotak Money Market Fund - Regular Plan - (Growth)
- Kotak Money Market Fund - Direct Plan - IDCW
- Kotak Money Market Fund - Direct Plan - IDCW Weekly
- Kotak Money Market Fund - Regular Plan - (Monthly Payout of Income Distribution cum capital withdrawal option)
- Kotak Money Market Fund - Regular Plan - IDCW Weekly
Questions about this scheme
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