Kotak Gilt Fund
Kotak Mahindra Mutual Fund · Gilt · Direct plan, growth option
NAV (₹), 1 Oct 2026
110.8415
1-day change
-0.12%
1Y return
1.9%
3Y CAGR
5.6%
5Y CAGR
5.3%
Max drawdown, 5Y
−4.7%
NAV history month-end NAV, ₹ · 2 Jan 2013 to 1 Oct 2026
Returns vs Gilt median (24 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -0.6% | -0.5% |
| 3 months | -0.8% | -0.8% |
| 6 months | 3.8% | 3.8% |
| Year to date | 1.9% | 1.9% |
| 1 year | 1.9% | 2.3% |
| 3 years (CAGR) | 5.6% | 6.2% |
| 5 years (CAGR) | 5.3% | 5.6% |
| 7 years (CAGR) | 6.4% | 6.1% |
| 10 years (CAGR) | 6.8% | 6.8% |
| Since first NAV (CAGR) | 7.7% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.3% | 7.5% |
| 3Y rolling median | 8.0% | 7.5% |
| 3Y rolling worst | 4.8% | 4.1% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 8.2% | 7.7% |
| 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.) | 4.4% | 3.9% |
| Sharpe ratio | -0.20 | -0.06 |
| Sortino ratio | -0.26 | -0.08 |
| 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 | −13.3% | −8.0% |
| Maximum drawdown, last 10Y | −5.9% | −4.9% |
| Maximum drawdown, last 5Y | −4.7% | −3.6% |
| Current drawdown | −1.8% | −1.6% |
| Recovery time of worst fall | 392 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 |
|---|---|---|
| Abhishek Bisen | FM 1 Primary | 15 Apr 2008 |
Objective: The objective of the Plan is to generate risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government(s) and/or any security unconditionally guaranteed by the Government of India, and/or reverse repos in such securities as and when permitted by RBI. A portion of the fund may be invested in Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as may be notified to meet the day-to-day liquidity requirements of the Plan. To ensure total safety of Unitholders' funds, the Plan does not invest in any other securities such as shares, debentures or bonds issued by any other entity. The Fund will seek to underwrite issuance of Government Securities if and to the extent permitted by SEBI/RBI and subject to the prevailing rules and regulations specified in this respect and may also par…
Stated asset allocation: Government of India Securities/ State Government Securities/ Government of India tbills/, repos/ reverse repos in such Securities as may be permitted by RBI - 80%-100% - Sovereign Call money market or alternative investment for call money market as may be provided by the Reserve Bank of India - currently Triparty repo on Government securities or treasury bills - 0% - 20% - Low
Benchmark (tier 1): Nifty All Duration G-Sec Index
Minimum application: Rs. 100/-
Allotment date: 29 Dec 1998
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 | 0.48% | 0.50% |
| AUM, whole scheme (₹ crore) | n/a | 244 |
| Riskometer | n/a | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Month-ends above category median (3Y CAGR) | 76% | 44% median |
| Month-ends in category top quartile (3Y) | 28% | 20% median |
| 7Y rolling CAGR, median (monthly windows) | 8.4% | 7.9% median |
Category consistency: last 10 years of month-ends, Gilt Direct plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 1.9% | n/a | – |
| 2025 | 3.4% | n/a | – |
| 2024 | 9.4% | n/a | – |
| 2023 | 8.4% | n/a | – |
| 2022 | 3.5% | n/a | – |
| 2021 | 3.2% | n/a | – |
| 2020 | 14.4% | n/a | – |
| 2019 | 10.9% | n/a | – |
| 2018 | 8.5% | n/a | – |
| 2017 | 1.7% | 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 | ₹1,22,040 | 3.2% |
| 3 years | ₹3,60,000 | ₹3,81,945 | 3.9% |
| 5 years | ₹6,00,000 | ₹6,84,316 | 5.2% |
| 10 years | ₹12,00,000 | ₹16,61,313 | 6.3% |
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: Gilt
Plan / option: Direct · Growth
AMFI scheme code: 119759
ISIN: INF174K01KE4
First NAV in MFIC data: 2 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 |
|---|---|---|---|
| Kotak Gilt Fund | Gilt | 1.00 | 5.6% |
| Kotak Long Term Fund | Long Duration | 0.98 | n/a |
| HSBC Gilt Fund | Gilt | 0.98 | 5.9% |
| BANDHAN LONG TERM FUND | Long Duration | 0.98 | n/a |
| HDFC Dynamic Term Fund | Dynamic Bond | 0.97 | 6.6% |
| Nippon India Gilt Fund | Gilt | 0.97 | 6.3% |
Questions about Kotak Gilt Fund
- What is the latest NAV of Kotak Gilt Fund?
- The NAV of the Direct plan (growth option) was ₹110.8415 on 1 Oct 2026, as published by AMFI.
- Which category is Kotak Gilt Fund in?
- It is classified as Gilt in AMFI's daily NAV file. MFIC compares it with 24 Gilt schemes (Direct plans).
- What returns has Kotak Gilt Fund delivered?
- Over one year the NAV changed by 1.9%. The 3-year CAGR is 5.6% (category median 6.2%) and the 5-year CAGR is 5.3% (category median 5.6%). 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 8.0%, the lowest was 4.8%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in Kotak Gilt Fund's NAV?
- The largest peak-to-trough fall in its available history was 13.3%; within the last five years it was 4.7% (category median 3.6%).
- How volatile is Kotak Gilt Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 4.4%, which is above the Gilt category median of 3.9%.
- What would a monthly SIP in Kotak Gilt 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 ₹6,84,316 on 1 Oct 2026, an annualised return (XIRR) of 5.2%. 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 Gilt Fund?
- The total expense ratio of the Direct plan is 0.48% a year, as disclosed to AMFI (median of Gilt Direct plans: 0.50%). It is already deducted from the NAV, so every return shown is after expenses.
- How often has Kotak Gilt Fund beaten its category?
- At 76% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Gilt schemes (Direct plans); it was in the top quarter at 28% of them. A typical scheme would show about 50%.
- Who manages Kotak Gilt Fund?
- According to its Scheme Summary Document, Kotak Gilt Fund is managed by Abhishek Bisen (since 15 Apr 2008).
- What is the minimum investment in Kotak Gilt 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 1.9% and the Regular plan's by 0.9%. 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.
Follow Kotak Gilt Fund by email
Every Monday: this scheme's NAV, 1-month and 1-year return beside its category median, 3-year CAGR and how far it is below its peak. Add more schemes from their pages or from your MFIC watchlist. Free; unsubscribe from any email.
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.