Kotak Credit Risk Fund
Kotak Mahindra Mutual Fund · Best Credit Risk Mutual Funds
This is the Direct plan of Kotak Credit Risk 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.
NAV history
Scorecard
★★★★☆4/5 vs 26 Credit Risk Fund peers- Performance 60%
- Risk 15%
- Cost 10%
- Downside 15%
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. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within Credit Risk Fund (same plan and option).
3Y CAGR +8.70% · ranks 4 of 26 Credit Risk Funds
Volatility 1.5% vs 4.4% category avg
0.8% expense vs 0.7% category avg
100% 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
- Ahead of the Credit Risk Fund average on 3M/6M/1Y — 1Y by 4.59pp
- 3-year return (+8.70%) beats the Credit Risk Fund average (+4.21%)
- 5-year return (+6.81%) beats the Credit Risk Fund average (+4.45%)
- Ranks #4 of 26 on 1-year return in its Credit Risk Fund cohort
- Less volatile than its Credit Risk Fund peers (1.5% vs 4.4%)
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Risk (trailing 3Y)
DefinitionsBenchmark ratios
Not shown for Credit Risk 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 (Credit Risk Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | +0.67% | +0.49% | +0.18% |
| 3M abs | +3.02% | +1.80% | +1.22% |
| 6M abs | +3.58% | +1.58% | +2.00% |
| 1Y CAGR | +7.98% | +3.39% | +4.59% |
| 3Y CAGR | +8.70% | +4.21% | +4.49% |
| 5Y CAGR | +6.81% | +4.45% | +2.36% |
Category average across peers in Credit Risk Fund (25 of 26 carry a figure for at least one period), 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.
Category rank
Vs 26 peers in Credit Risk Fund
Rolling returns
Return for every possible 1Y holding period, not just today’s
137 overlapping 1Y windows, sampled monthly across the fund’s history.
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 Credit Risk 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 | +4.74% | |
| 2025 | +10.12% | |
| 2024 | +8.13% | |
| 2023 | +7.45% | |
| 2022 | +1.89% | |
| 2021 | +6.37% | |
| 2020 | +7.69% | |
| 2019 | +10.02% | |
| 2018 | +7.09% | |
| 2017 | +7.56% |
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.
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.
- -6.5%21 Dec 2018 → 24 Dec 2018
Fell over 3 days, back to the old high on 26 Dec 2018 — 2 days 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.
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.
Kotak Mahindra Mutual Fund files offer document for Fixed Maturity Plan Series 336-338
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Moneycontrol.com · 2d ago
Kotak Mahindra Mutual Fund files offer document for Nifty Realty Index Fund
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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 Credit Risk Fund?
As of 20 Aug 2026, the NAV of Kotak Credit Risk Fund is ₹27.20 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Kotak Credit Risk Fund delivered?
Kotak Credit Risk Fund has returned +7.98% over 1 year, +8.70% per year over 3 years, +6.81% per year over 5 years and +8.25% 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 Credit Risk Fund?
Kotak Credit Risk Fund charges an expense ratio of 0.81% 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 Credit Risk Fund?
Its largest holdings are JUBILANT BEVCO LIMITED NCD 31MY28 FVRS1LAC (7.2%), VEDANTA LIMITED SR 2 9.50 NCD 20AG27 FVRS1LAC (6.6%), BAMBOO HOTEL AND GLOBAL CENTRE (DELHI) PRIVATE LIMITED SR I 10.81 NCD 31JN28 FVRS1LAC (6.5%), MUTHOOT FINANCE LIMITED RR NCD 26JL29 FVRS1LAC (6.5%) and TATA PROJECTS LIMITED SR Q 8.25 NCD 28AP27 FVRS1LAC (6.5%). Holdings are disclosed monthly and change over time.
How risky is Kotak Credit Risk Fund?
It is rated moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 1.5% and its worst peak-to-trough fall in our sample was -6.5%. 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 1.42 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Credit Risk Fund's 1.42 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Kotak Credit Risk Fund?
Kotak Credit Risk Fund is benchmarked against the CRISIL Credit Risk Debt B-II Index. Its alpha and beta on this page are measured against that index.
Who manages Kotak Credit Risk Fund?
Kotak Credit Risk Fund is managed by Deepak Agrawal and Vihag Mishra at Kotak Mahindra.
How is Kotak Credit Risk Fund taxed?
Kotak Credit Risk 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.