DebtMedium to Long Term FundDirectIDCWModerate

Kotak Medium to Long Term Fund

Q: What is the NAV of Kotak Medium to Long Term Fund?

As of 05 Oct 2026, the NAV of Kotak Medium to Long Term Fund is ₹30.07 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has Kotak Medium to Long Term Fund delivered?

Kotak Medium to Long Term Fund has returned +3.86% over 1 year, +6.96% per year over 3 years, +6.02% per year over 5 years and +2.45% 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.

Q: What is the expense ratio of Kotak Medium to Long Term Fund?

Kotak Medium to Long Term Fund charges an expense ratio of 0.74% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of Kotak Medium to Long Term Fund?

Kotak Medium to Long Term Fund's largest holdings are Central Government - 2055 (16.4%), Central Government - 2035 (8.2%), National Housing Bank (7.6%), SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (5.6%) and Central Government - 2054(^) (5.3%). Holdings are disclosed monthly and change over time.

Q: How risky is Kotak Medium to Long Term Fund?

Kotak Medium to Long Term Fund is rated moderate 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 -16.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 0.21 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Medium to Long Term Fund's 0.21 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of Kotak Medium to Long Term Fund?

Kotak Medium to Long Term Fund is benchmarked against the CRISIL Medium to Long Duration Debt A-III Index. Its alpha and beta on this page are measured against that index.

Q: Who manages Kotak Medium to Long Term Fund?

Kotak Medium to Long Term Fund is managed by Abhishek Bisen at Kotak Mahindra.

Q: How is Kotak Medium to Long Term Fund taxed?

Kotak Medium to Long Term Fund 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.

Kotak Mahindra Mutual Fund

NAV

₹30.07

+0.08% 1D

as of 05 Oct 2026

This is the Direct plan of Kotak Medium to Long Term Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

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NAV history

+3.68%absolute

52-week rangePrev NAV ₹30.05

Latest ₹30.07

Low ₹28.8975th percentile of its 52-week rangeHigh ₹30.48

Scorecard

Not rated

How 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.

Performance—

Not enough Medium to Long Term Fund peers to rank yet

Risk—

Volatility 2.1% (no category average yet)

Cost—

0.7% expense (no category average yet)

ConsistencyModerate

75% of rolling 3Y windows were positive

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.74%

Category —

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

0.21

Category —

Scheme Info

Definitions

Plan

Direct · IDCW

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

Exit Load

None

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹100

Smallest one-time (lumpsum) investment the scheme accepts

₹100

CRISIL Medium to Long Duration Debt A-III Index

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

03 Jul 2013

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-0.55%

Absolute return over the last 3 months (not annualized)

-0.54%

Absolute return over the last 6 months (not annualized)

+4.11%

Absolute return since 1 Jan of this year (not annualized)

+3.03%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+3.86%

3-year annualized return (CAGR)

+6.96%

5-year annualized return (CAGR)

+6.02%

10-year annualized return (CAGR)

+2.31%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+2.45%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

2.15%

Excess return per unit of total volatility (rf = 6.5%)

0.21

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

0.29

Largest peak-to-trough decline over full history

-16.24%

Benchmark ratios

Not shown for Medium to Long Term Fund — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (Medium to Long Term Fund)

Period	Fund	Category avg.	Diff
1M abs	-0.55%	—	—
3M abs	-0.54%	—	—
6M abs	+4.11%	—	—
1Y CAGR	+3.86%	—	—
3Y CAGR	+6.96%	—	—
5Y CAGR	+6.02%	—	—

Category average across peers in Medium to Long Term 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.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹7.02L

Absolute

+16.93%

XIRR

+6.39%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Kotak Medium to Long Term Fund, 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	+3.03%
2025	+6.43%
2024	+9.26%
2023	+8.02%
2022	+2.89%
2021	-4.37%
2020	-0.58%
2019	+4.07%
2018	+3.35%
2017	-8.72%

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.

History points

3,200

Expense ratio

0.74%

YTM

7.36%

Macaulay duration

5.65 years

Average maturity

11.60 years

Exit load

Nil

Taxation

Taxed as debt

This 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.

Any holding period

30%

Short- and long-term alike

Your income-tax slab — no LTCG or indexation benefit

Your income-tax slab

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.

Peer comparison · Medium to Long Term Fund

Compare all


Kotak Medium to Long Term FundThis fund Kotak Mahindra · Direct · Standard · IDCW	—	+3.86%	+6.96%	+6.02%	—	—	—
LIC MF Medium to Long Term Fund LIC · Direct · IDCW	—	+4.45%	+7.36%	+6.30%	—	0.22%	—
LIC MF Medium to Long Term Fund LIC · Direct · Quarterly IDCW	—	+4.45%	+7.36%	—	—	0.22%	—
LIC MF Medium to Long Term Fund LIC · Direct · Annual IDCW	—	+4.45%	+7.36%	—	—	0.22%	—
SBI Medium to Long Term Fund SBI · Direct · IDCW	—	+4.01%	+6.76%	+6.12%	—	0.78%	—
SBI Medium to Long Term Fund SBI · Direct · IDCW	—	+4.01%	+6.76%	+6.12%	—	0.78%	—

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Debt82.10%
Cash & Equivalents12.46%
Real Estate / REITs5.44%

which companies this fund invests in

As on 31 Aug 2026 · AMC disclosure

Central Government - 2055

16.39%

Central Government - 2035

8.16%

National Housing Bank

7.61%

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

5.58%

Central Government - 2054(^)

5.29%

CAPITAL INFRA TRUST

4.51%

Central Government - 2065

4.43%

PTC SIDDHIVINAYAK SECURITISATION TRUST 28/09/2030(SIDDHIVINAYAK TRUST)

4.11%

PTC SHIVSHAKTI SECURITISATION TRUST 28/09/2029(SHIVSHAKTI TRUST)

4.08%

Power Finance Corporation Ltd.

2.82%

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-16.2%04 Mar 2015 → 12 Jun 2015
Fell over 3 months, back to the old high on 23 Nov 2016 — 17 months under water after the low.
-16.1%24 Nov 2016 → 19 Mar 2020
Fell over 3.3 years, back to the old high on 15 Dec 2023 — 3.7 years under water after the low.
-8.8%11 Jul 2013 → 19 Aug 2013
Fell over 39 days, back to the old high on 30 May 2014 — 9 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

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.

Launched

04 Aug 1994

Total AUM

₹5,90,460Cr+1.6% QoQ

Avg AUM · April - June 2026

Website

kotakmf.com

Fund Managers

ABAbhishek BisenManaging since 01 Apr 2008

Role

Head - Fixed Income, Debt Fund Manager and Dealer

Education

B A Management, MBA Finance EPAF- IIM-C

Experience

Mr. Abhishek Bisen has been associated with the company since October 2006 and his key responsibilities include fund management of debt schemes. Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm. Mr. Abhishek Bisen has been associated with the Kotak AMC since October 2006 and his key responsibilities include fund management of debt schemes. Prior to joining Kotak AMC, Abhishek was working with Securities Trading Corporation of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm

Funds managed (81)

All schemes Abhishek Bisen runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. 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.

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Fund managers

Abhishek Bisen

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 Debt funds

Debt funds lend to governments and companies and earn interest. They're generally steadier than equity funds and are used for shorter horizons and stability.

Frequently asked questions

What is the NAV of Kotak Medium to Long Term Fund?

As of 05 Oct 2026, the NAV of Kotak Medium to Long Term Fund is ₹30.07 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has Kotak Medium to Long Term Fund delivered?

Kotak Medium to Long Term Fund has returned +3.86% over 1 year, +6.96% per year over 3 years, +6.02% per year over 5 years and +2.45% 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 Medium to Long Term Fund?

Kotak Medium to Long Term Fund charges an expense ratio of 0.74% 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 Medium to Long Term Fund?

Kotak Medium to Long Term Fund's largest holdings are Central Government - 2055 (16.4%), Central Government - 2035 (8.2%), National Housing Bank (7.6%), SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (5.6%) and Central Government - 2054(^) (5.3%). Holdings are disclosed monthly and change over time.

How risky is Kotak Medium to Long Term Fund?

Kotak Medium to Long Term Fund is rated moderate 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 -16.2%. 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 0.21 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Medium to Long Term Fund's 0.21 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of Kotak Medium to Long Term Fund?

Kotak Medium to Long Term Fund is benchmarked against the CRISIL Medium to Long Duration Debt A-III Index. Its alpha and beta on this page are measured against that index.

Who manages Kotak Medium to Long Term Fund?

Kotak Medium to Long Term Fund is managed by Abhishek Bisen at Kotak Mahindra.

How is Kotak Medium to Long Term Fund taxed?

Kotak Medium to Long Term Fund 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.