Kotak FMP Series 304
Kotak Mahindra Mutual Fund · Fixed Maturity Plan · Regular plan, growth option
NAV (₹), 1 Oct 2026
13.1363
1-day change
-0.15%
1Y return
3.6%
3Y CAGR
7.4%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 3 Jan 2023 to 1 Oct 2026
Returns vs Fixed Maturity Plan median (40 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -0.9% | 0.3% |
| 3 months | -0.9% | 1.2% |
| 6 months | 3.1% | 2.8% |
| Year to date | 2.4% | 4.1% |
| 1 year | 3.6% | 5.6% |
| 3 years (CAGR) | 7.4% | 7.3% |
| 5 years (CAGR) | n/a | 6.2% |
| 7 years (CAGR) | n/a | 6.9% |
| 10 years (CAGR) | n/a | n/a |
| Since first NAV (CAGR) | 7.7% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.8% | 7.5% |
| 3Y rolling median | 8.1% | 7.3% |
| 3Y rolling worst | 6.9% | 6.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 6.8% |
| 5Y rolling worst | n/a | 6.2% |
| 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.) | 3.0% | 0.9% |
| Sharpe ratio | 0.37 | 0.88 |
| Sortino ratio | 0.54 | 1.66 |
| 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 | −2.1% | −3.5% |
| Maximum drawdown, last 10Y | n/a | n/a |
| Maximum drawdown, last 5Y | n/a | −3.0% |
| Current drawdown | −1.8% | 0.0% |
| Recovery time of worst fall | 67 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 0.10% a year and the Direct plan's 0.07%, a gap of 0.03%; over the last 3 years the Direct plan returned 0.03 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 ₹82,435.
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 |
|---|---|---|
| Deepak Agrawal | Primary | 1 Dec 2030 |
| Manu Sharma | Primary | 2 Jan 2016 |
Objective: The Scheme endeavors to provide regular income and capital growth with limited interest rate risk to the investors through investments in a portfolio comprising of debt instruments maturing on or before the maturity of the Scheme. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Indicative Allocation Debt and Money Market Instruments including Government Securities - 80% - 100% - Low to Medium (Risk Profile) Money Market Instruments - 0% - 20% - Low to Medium (Risk Profile)
Benchmark (tier 1): Nifty G-Sec July 2031 Index
Minimum application: Rs. 5000/-
Allotment date: 30 Dec 2022
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 | 0.10% | 0.27% |
| AUM, whole scheme (₹ crore) | 122 | 180 |
| 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) | 3.9% | -1.1% TRI |
| Return, 3 years (AMFI) | 7.5% | 4.5% TRI |
Official benchmark: Nifty Long Duration Debt Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Fixed Maturity Plan Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 2.4% | n/a | – |
| 2025 | 7.9% | n/a | – |
| 2024 | 10.0% | 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 | ₹1,21,876 | 2.9% |
| 3 years | ₹3,60,000 | ₹3,94,066 | 6.0% |
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: Fixed Maturity Plan
Plan / option: Regular · Growth
AMFI scheme code: 151285
ISIN: INF174KA1LN2
First NAV in MFIC data: 3 Jan 2023
History: 3.7 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 |
|---|---|---|---|
| HDFC FMP 2638D February 2023 | Fixed Maturity Plan | 0.97 | 7.3% |
| SBI Fixed Maturity Plan (FMP) - Series 34 (3682 Days) | Fixed Maturity Plan | 0.91 | 7.2% |
| SBI Fixed Maturity Plan (FMP) - Series 6 (3668 Days) | Fixed Maturity Plan | 0.91 | 7.2% |
| SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) | Fixed Maturity Plan | 0.91 | 7.5% |
| BANDHAN FIXED TERM PLAN SERIES - 179 (3652 DAYS) | Fixed Maturity Plan | 0.86 | 7.3% |
| ICICI Prudential Fixed Maturity Plan - Series 85 - 10 Years Plan I | Fixed Maturity Plan | 0.86 | 7.5% |
Questions about Kotak FMP Series 304
- What is the latest NAV of Kotak FMP Series 304?
- The NAV of the Regular plan (growth option) was ₹13.1363 on 1 Oct 2026, as published by AMFI.
- Which category is Kotak FMP Series 304 in?
- It is classified as Fixed Maturity Plan in AMFI's daily NAV file. MFIC compares it with 40 Fixed Maturity Plan schemes (Regular plans).
- What returns has Kotak FMP Series 304 delivered?
- Over one year the NAV changed by 3.6%. The 3-year CAGR is 7.4% (category median 7.3%). 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 8.1%, the lowest was 6.9%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Kotak FMP Series 304's NAV?
- The largest peak-to-trough fall in its available history was 2.1%.
- How volatile is Kotak FMP Series 304?
- Its annualised standard deviation of monthly returns over the last 36 months is 3.0%, which is above the Fixed Maturity Plan category median of 0.9%.
- What would a monthly SIP in Kotak FMP Series 304 have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,94,066 on 1 Oct 2026, an annualised return (XIRR) of 6.0%. 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 FMP Series 304?
- The total expense ratio of the Regular plan is 0.10% a year, as disclosed to AMFI (median of Fixed Maturity Plan Regular plans: 0.27%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is Kotak FMP Series 304?
- Assets under management of the whole scheme were ₹122 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of Kotak FMP Series 304?
- 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 FMP Series 304 and how has it compared?
- Its official benchmark is the Nifty Long Duration Debt Index. Over 3 years AMFI reports a return of 7.5% for this plan against 4.5% for the benchmark total return index. Past performance does not indicate future results.
- Who manages Kotak FMP Series 304?
- According to its Scheme Summary Document, Kotak FMP Series 304 is managed by Deepak Agrawal (since 1 Dec 2030), Manu Sharma (since 2 Jan 2016).
- What is the minimum investment in Kotak FMP Series 304?
- The minimum application amount is Rs. 5000/-. SIP details: SIP - N.A. SWP - N.A. STP - N.A..
- 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 3.6% and the Regular plan's by 3.6%. The Regular plan includes the services of a distributor.
Reviewing your own mutual fund portfolio?
Integrato's team can walk you through how your current schemes have behaved, using the same data shown here. Integrato is an AMFI-registered Mutual Fund 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 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.