Kotak Credit Risk Fund
Kotak Mahindra Mutual Fund · Credit Risk · Direct plan, growth option
NAV (₹), 1 Oct 2026
36.2730
1-day change
-0.14%
1Y return
6.6%
3Y CAGR
8.5%
5Y CAGR
6.7%
Max drawdown, 5Y
−3.1%
NAV history month-end NAV, ₹ · 4 Jan 2013 to 1 Oct 2026
Returns vs Credit Risk median (13 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.0% | 0.2% |
| 3 months | 1.2% | 1.2% |
| 6 months | 4.0% | 4.4% |
| Year to date | 4.9% | 5.7% |
| 1 year | 6.6% | 7.5% |
| 3 years (CAGR) | 8.5% | 8.8% |
| 5 years (CAGR) | 6.7% | 7.8% |
| 7 years (CAGR) | 7.0% | 8.0% |
| 10 years (CAGR) | 7.3% | 7.7% |
| Since first NAV (CAGR) | 8.2% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.3% | 8.6% |
| 3Y rolling median | 8.2% | 8.2% |
| 3Y rolling worst | 4.6% | 5.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 7.2% | 7.1% |
| 5Y rolling worst | 6.1% | 6.1% |
| 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.) | 1.6% | 1.3% |
| Sharpe ratio | 1.06 | 1.15 |
| Sortino ratio | 1.83 | 3.62 |
| 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 | −3.9% | −3.9% |
| Maximum drawdown, last 10Y | −3.9% | −3.9% |
| Maximum drawdown, last 5Y | −3.1% | −1.0% |
| Current drawdown | −0.4% | −0.1% |
| Recovery time of worst fall | 64 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.73% a year and the Direct plan's 0.81%, a gap of 0.92%; over the last 3 years the Direct plan returned 1.00 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹21,69,764.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Vihag Mishra | FM 1 Primary | 24 Oct 2025 |
| Deepak Agrawal | FM 2 Primary | 24 Oct 2025 |
Objective: The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA rated and below corporate securities. The scheme would also seek to maintain reasonable liquidity within the fund. There is no assurance that the investment objective of the Schemes will be realised.
Stated asset allocation: (A) Corporate Debt Securities #(only in AA and below rated corporate bonds, excluding AA+ rated corporate bond) - 65% to 100% - Medium (B) Debt & Money Market Instruments including government securities and above AA rated corporate debt securities - 0% to 35% - Low – Medium (C) Units issued by InvITs - 0-10% - Medium to High The scheme shall ensure that for asset allocation limits as provided in above table, the base shall be considered as net assets excluding the extent of minimum stipulated eligible assets i.e. higher of 10% of net assets or LR-CRaR as prescribed at Annexure 1 of AMFI Best Practices Guidelines Circular No.93 / 2021-22 dated July 24, 2021. @ Pursuant to para 1(b) of SE…
Benchmark (tier 1): CRISIL Credit Risk Debt B-II Index
Exit load: For redemption / switch out of upto 6% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. If units redeemed or switched out are in excess of the limit within 1year from the date of allotment: 1% If units are redeemed or switched out on or after 1 year from the date of allotment: NIL
Minimum application: Rs. 100/-
Allotment date: 11 May 2010
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), Direct plan | 0.81% | 0.80% |
| AUM, whole scheme (₹ crore) | 774 | 441 |
| Riskometer | Moderately High | – |
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) | 7.0% | 6.8% TRI |
| Return, 3 years (AMFI) | 8.6% | 7.8% TRI |
| Return, 5 years (AMFI) | 6.7% | 7.2% TRI |
| Month-ends above category median (3Y CAGR) | 56% | 44% median |
| Month-ends in category top quartile (3Y) | 46% | 29% median |
| 7Y rolling CAGR, median (monthly windows) | 7.4% | 7.2% median |
Official benchmark: CRISIL Credit Risk Debt B-II Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Credit Risk Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.9% | n/a | – |
| 2025 | 10.1% | n/a | – |
| 2024 | 8.1% | n/a | – |
| 2023 | 7.4% | n/a | – |
| 2022 | 1.9% | n/a | – |
| 2021 | 6.4% | n/a | – |
| 2020 | 7.7% | n/a | – |
| 2019 | 10.0% | n/a | – |
| 2018 | 7.1% | n/a | – |
| 2017 | 7.6% | 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 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,24,186 | 6.5% |
| 3 years | ₹3,60,000 | ₹4,05,928 | 8.0% |
| 5 years | ₹6,00,000 | ₹7,29,029 | 7.7% |
| 10 years | ₹12,00,000 | ₹17,42,880 | 7.2% |
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: Credit Risk
Plan / option: Direct · Growth
AMFI scheme code: 119741
ISIN: INF174K01LZ7
First NAV in MFIC data: 4 Jan 2013
History: 13.7 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Nippon India CRISIL - IBX AAA Financial Services - Jan 2028 Index Fund | Debt Index Fund | 0.89 | n/a |
| Kotak CRISIL-IBX AAA Financial Services Index-Sep 2027 Fund | Debt Index Fund | 0.87 | n/a |
| Franklin India Medium to Long Term Fund | Medium to Long Duration | 0.85 | n/a |
| HDFC Credit Risk Fund | Credit Risk | 0.83 | 8.1% |
| Axis CRISIL-IBX AAA Bond NBFC - Jun 2027 Index Fund | Debt Index Fund | 0.82 | n/a |
| ICICI Prudential Credit Risk Fund | Credit Risk | 0.80 | 9.0% |
Questions about Kotak Credit Risk Fund
- What is the latest NAV of Kotak Credit Risk Fund?
- The NAV of the Direct plan (growth option) was ₹36.2730 on 1 Oct 2026, as published by AMFI.
- Which category is Kotak Credit Risk Fund in?
- It is classified as Credit Risk in AMFI's daily NAV file. MFIC compares it with 13 Credit Risk schemes (Direct plans).
- What returns has Kotak Credit Risk Fund delivered?
- Over one year the NAV changed by 6.6%. The 3-year CAGR is 8.5% (category median 8.8%) and the 5-year CAGR is 6.7% (category median 7.8%). 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 8.2%, the lowest was 4.6%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Kotak Credit Risk Fund's NAV?
- The largest peak-to-trough fall in its available history was 3.9%; within the last five years it was 3.1% (category median 1.0%).
- How volatile is Kotak Credit Risk Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.6%, which is above the Credit Risk category median of 1.3%.
- What would a monthly SIP in Kotak Credit Risk 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 ₹7,29,029 on 1 Oct 2026, an annualised return (XIRR) of 7.7%. This uses the Direct 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 Credit Risk Fund?
- The total expense ratio of the Direct plan is 0.81% a year, as disclosed to AMFI (median of Credit Risk Direct plans: 0.80%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Kotak Credit Risk Fund?
- Assets under management of the whole scheme were ₹774 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Kotak Credit Risk Fund?
- AMFI lists the scheme's riskometer as “Moderately High”, 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 Credit Risk Fund and how has it compared?
- Its official benchmark is the CRISIL Credit Risk Debt B-II Index. Over 3 years AMFI reports a return of 8.6% for this plan against 7.8% for the benchmark total return index; over 5 years 6.7% against 7.2%. Past performance does not indicate future results.
- How often has Kotak Credit Risk Fund beaten its category?
- At 56% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Credit Risk schemes (Direct plans); it was in the top quarter at 46% of them. A typical scheme would show about 50%.
- Who manages Kotak Credit Risk Fund?
- According to its Scheme Summary Document, Kotak Credit Risk Fund is managed by Vihag Mishra (since 24 Oct 2025), Deepak Agrawal (since 24 Oct 2025).
- What is the exit load of Kotak Credit Risk Fund?
- As stated in its scheme documents: For redemption / switch out of upto 6% of the initial investment amount (limit) purchased or switched in within 1 year from the date of allotment: Nil. If units redeemed or switched out are in excess of the limit within 1year from the date of allotment: 1% If units are redeemed or switched out on or after 1 year from the date of allotment: NIL Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in Kotak Credit Risk 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 6.6% and the Regular plan's by 5.6%. 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 1 Oct 2026. Category medians use Direct 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.