Kotak Short Term Fund
Kotak Mahindra Mutual Fund · Short Duration · Regular plan, growth option
NAV (₹), 2 Oct 2026
55.2317
1-day change
-0.02%
1Y return
4.4%
3Y CAGR
6.6%
5Y CAGR
5.6%
Max drawdown, 5Y
−1.3%
NAV history month-end NAV, ₹ · 3 Apr 2006 to 1 Oct 2026
Returns vs Short Duration median (28 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.1% | 0.1% |
| 3 months | 0.5% | 0.5% |
| 6 months | 2.7% | 2.9% |
| Year to date | 3.1% | 3.3% |
| 1 year | 4.4% | 4.6% |
| 3 years (CAGR) | 6.6% | 6.7% |
| 5 years (CAGR) | 5.6% | 5.7% |
| 7 years (CAGR) | 6.1% | 6.1% |
| 10 years (CAGR) | 6.4% | 6.4% |
| Since first NAV (CAGR) | 7.5% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.7% | 7.4% |
| 3Y rolling median | 7.6% | 7.1% |
| 3Y rolling worst | 4.1% | 4.3% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 7.9% | 7.4% |
| 5Y rolling worst | 5.3% | 5.3% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.4% | 1.4% |
| Sharpe ratio | -0.01 | 0.08 |
| Sortino ratio | -0.01 | 0.12 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −3.1% | −2.4% |
| Maximum drawdown, last 10Y | −2.4% | −2.6% |
| Maximum drawdown, last 5Y | −1.3% | −1.0% |
| Current drawdown | −0.2% | −0.2% |
| Recovery time of worst fall | 49 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Deepak Agrawal | FM 1 Primary | 11 Jul 2007 |
| Abhishek Bisen | FM 2 Primary | 11 Jul 2007 |
Objective: The investment objective of the Scheme is to provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. There is no assurance that the investment objective of the Scheme will be realised.
Stated asset allocation: Debt & money market instruments including government securities - 0-100%
Benchmark (tier 1): Nifty Short Duration Debt Index A-II
Minimum application: Rs. 100/-
Allotment date: 2 May 2002
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.12% | 0.98% |
| AUM, whole scheme (₹ crore) | 14,302 | 1,155 |
| Riskometer | Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 4.5% | 4.4% TRI |
| Return, 3 years (AMFI) | 6.6% | 6.6% TRI |
| Return, 5 years (AMFI) | 5.6% | 5.8% TRI |
| Month-ends above category median (3Y CAGR) | 36% | 36% median |
| Month-ends in category top quartile (3Y) | 6% | 6% median |
| 7Y rolling CAGR, median (monthly windows) | 7.7% | 7.4% median |
Official benchmark: NIFTY Short Duration Debt Index A-II (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Short Duration Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.1% | n/a | – |
| 2025 | 7.3% | n/a | – |
| 2024 | 7.7% | n/a | – |
| 2023 | 6.5% | n/a | – |
| 2022 | 3.0% | n/a | – |
| 2021 | 3.3% | n/a | – |
| 2020 | 10.0% | n/a | – |
| 2019 | 9.6% | n/a | – |
| 2018 | 6.3% | n/a | – |
| 2017 | 5.4% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,22,787 | 4.3% |
| 3 years | ₹3,60,000 | ₹3,93,616 | 5.9% |
| 5 years | ₹6,00,000 | ₹7,00,277 | 6.1% |
| 10 years | ₹12,00,000 | ₹16,47,870 | 6.2% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
Category: Short Duration
Plan / option: Regular · Growth
AMFI scheme code: 101373
ISIN: INF174K01ES7
First NAV in MFIC data: 3 Apr 2006
History: 20.5 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Nippon India Short Term Fund | Short Duration | 0.99 | 7.0% |
| HDFC Short Term Fund | Short Duration | 0.99 | 7.1% |
| Kotak Corporate Bond Fund | Corporate Bond | 0.99 | 7.0% |
| HSBC Short Term Fund | Short Duration | 0.99 | 7.2% |
| HSBC Short Term Fund | Short Duration | 0.98 | 6.8% |
| HSBC Short Term Fund | Short Duration | 0.98 | 6.8% |
Questions about Kotak Short Term Fund
- What is the latest NAV of Kotak Short Term Fund?
- The NAV of the Regular plan (growth option) was ₹55.2317 on 2 Oct 2026, as published by AMFI.
- Which category is Kotak Short Term Fund in?
- It is classified as Short Duration in AMFI's daily NAV file. MFIC compares it with 28 Short Duration schemes (Regular plans).
- What returns has Kotak Short Term Fund delivered?
- Over one year the NAV changed by 4.4%. The 3-year CAGR is 6.6% (category median 6.7%) and the 5-year CAGR is 5.6% (category median 5.7%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 7.6%, the lowest was 4.1%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Kotak Short Term Fund's NAV?
- The largest peak-to-trough fall in its available history was 3.1%; within the last five years it was 1.3% (category median 1.0%).
- How volatile is Kotak Short Term Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.4%, which is above the Short Duration category median of 1.4%.
- What would a monthly SIP in Kotak Short Term Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,00,277 on 2 Oct 2026, an annualised return (XIRR) of 6.1%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of Kotak Short Term Fund?
- The total expense ratio of the Regular plan is 1.12% a year, as disclosed to AMFI (median of Short Duration Regular plans: 0.98%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Kotak Short Term Fund?
- Assets under management of the whole scheme were ₹14,302 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Kotak Short Term Fund?
- AMFI lists the scheme's riskometer as “Moderate”, and its benchmark's as “Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of Kotak Short Term Fund and how has it compared?
- Its official benchmark is the NIFTY Short Duration Debt Index A-II. Over 3 years AMFI reports a return of 6.6% for this plan against 6.6% for the benchmark total return index; over 5 years 5.6% against 5.8%. Past performance does not indicate future results.
- How often has Kotak Short Term Fund beaten its category?
- At 36% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Short Duration schemes (Regular plans); it was in the top quarter at 6% of them. A typical scheme would show about 50%.
- Who manages Kotak Short Term Fund?
- According to its Scheme Summary Document, Kotak Short Term Fund is managed by Deepak Agrawal (since 11 Jul 2007), Abhishek Bisen (since 11 Jul 2007).
- What is the minimum investment in Kotak Short Term Fund?
- The minimum application amount is Rs. 100/-. SIP details: SIP - Rs. 100/- and any amount thereafter,SWP - Rs. 1000 STP - Rs. 1000.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.1% and the Regular plan's by 4.4%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.