Kotak Money Market Fund - Regular Plan - (
This is the Regular plan of Kotak Money Market Fund - Regular Plan - ( — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed monthly and paid out, which is why this NAV sits below the growth plan of the same fund.
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returns (+7.23% 3Y CAGR)NAV history
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Debt funds (same plan and option) to rank against yet.
Not enough Money Market Fund peers to rank yet
Volatility 2.1% (no category average yet)
0.4% expense (no category average yet)
57% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
No standout strengths identified.
Concerns
- Positive in only 57% of rolling 3-year windows
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Money Market Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.44% | — | — |
| 3M abs | +0.51% | — | — |
| 6M abs | +0.14% | — | — |
| 1Y CAGR | -0.03% | — | — |
| 3Y CAGR | +0.02% | — | — |
| 5Y CAGR | +0.07% | — | — |
Category average across peers in Money Market Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Kotak Money Market Fund - Regular Plan - (, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +0.06% | |
| 2025 | +0.10% | |
| 2024 | -0.01% | |
| 2023 | -0.01% | |
| 2022 | +0.19% | |
| 2021 | +1.81% | |
| 2020 | +2.15% | |
| 2019 | +0.55% | |
| 2018 | +0.16% | |
| 2017 | +0.03% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Debt100.22%
Fund size over time
Quarterly average AUM · AMFIDown +10% from its peak of ₹32,950Cr in January - March 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.
AMC Profile
Kotak Mahindra Mutual Fund is run by Kotak Mahindra Asset Management, part of the Kotak Mahindra Bank group, and has been in the business since 1998. It was the first Indian fund house to launch a dedicated gilt scheme, and today runs one of the country's larger equity and debt line-ups.
Fund Managers
DADeepak AgrawalStart date not disclosed
CIO - Debt & Head Products
Post Graduate in Commerce, Chartered Accountant, Company Secretary
Mr. Deepak Agrawal’s career has started from Kotak AMC when he joined the organization in December 2002 where he was initially in Research, Dealing and then moved into Fund Management from November 2006
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MSManu SharmaStart date not disclosed
Debt - Fund Manager and Dealer
Chartered Accountant from the Institute of Chartered Accountants of India & M.Com
Mr. Manu Sharma has over 17 years of experience in the fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation. He joined Kotak AMC from Deskera Systems in September 2019 and was based out of Bangalore/Singapore for one year. Prior to it Mr. Manu was with Kotak AMC since September 2006 to June 2018 and has handled major assignments like the Fund Management, Operations and Finance for the Kotak AMC.
Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
Explore from here
Kotak Mahindra in the news
Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Money Market funds
Money market funds hold only money market instruments — treasury bills, commercial paper, certificates of deposit — maturing within one year. The one-year ceiling is on each instrument, which keeps both interest-rate and credit risk short.
Frequently asked questions
What is the NAV of Kotak Money Market Fund - Regular Plan - (?
As of 05 Oct 2026, the NAV of Kotak Money Market Fund - Regular Plan - ( is ₹1,055.88 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Kotak Money Market Fund - Regular Plan - ( delivered?
Kotak Money Market Fund - Regular Plan - ( has returned -0.03% over 1 year, +0.02% per year over 3 years, +0.07% per year over 5 years and +0.25% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Kotak Money Market Fund - Regular Plan - (?
Kotak Money Market Fund - Regular Plan - ( charges an expense ratio of 0.37% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Kotak Money Market Fund - Regular Plan - (?
Kotak Money Market Fund - Regular Plan - ('s largest holdings are 182 DAYS TREASURY BILL 04/02/2027 (4.1%), 182 DAYS TREASURY BILL 18/09/2026 (4.0%), NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT (3.5%), 182 DAYS TREASURY BILL 11/02/2027 (2.9%) and PUNJAB NATIONAL BANK (2.6%). Holdings are disclosed monthly and change over time.
How risky is Kotak Money Market Fund - Regular Plan - (?
Kotak Money Market Fund - Regular Plan - ( is rated low on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 2.1% and its worst peak-to-trough fall in our sample was -1.4%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of -3.06 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Money Market Fund - Regular Plan - ('s -3.06 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of Kotak Money Market Fund - Regular Plan - (?
Kotak Money Market Fund - Regular Plan - ( is benchmarked against the CRISIL Money Market A-I Index. Its alpha and beta on this page are measured against that index.
Who manages Kotak Money Market Fund - Regular Plan - (?
Kotak Money Market Fund - Regular Plan - ( is managed by Deepak Agrawal and Manu Sharma at Kotak Mahindra.
How is Kotak Money Market Fund - Regular Plan - ( taxed?
Kotak Money Market Fund - Regular Plan - ( is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.