Kotak Aggressive Hybrid Fund
Kotak Mahindra Mutual Fund · Best Aggressive Hybrid Mutual Funds
This is the Regular plan of Kotak Aggressive Hybrid Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.
Performance
Scorecard
★★★★☆4/5 vs 29 Aggressive Hybrid 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 Aggressive Hybrid Fund (same plan and option).
3Y CAGR +10.34% · ranks 7 of 28 Aggressive Hybrid Funds
Volatility 11.8% vs 10.8% category avg
1.9% expense vs 2.2% category avg
97% 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
- 1-year return (-0.50%) beats the Aggressive Hybrid Fund average (-1.55%)
- 3-year return (+10.34%) beats the Aggressive Hybrid Fund average (+8.82%)
- 5-year return (+9.89%) beats the Aggressive Hybrid Fund average (+8.23%)
- Stronger risk-adjusted returns — Sharpe 0.33 vs 0.20 Aggressive Hybrid Fund average
- Low expense ratio (1.90%) vs the Aggressive Hybrid Fund average of 2.24%
Concerns
No significant concerns identified.
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk and benchmark ratios
Fund vs category average (Aggressive Hybrid Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -4.50% | -4.24% | -0.26% |
| 3M abs | -2.97% | -2.70% | -0.27% |
| 6M abs | +7.20% | +5.57% | +1.63% |
| 1Y CAGR | -0.50% | -1.55% | +1.05% |
| 3Y CAGR | +10.34% | +8.82% | +1.52% |
| 5Y CAGR | +9.89% | +8.23% | +1.66% |
Category average across peers in Aggressive Hybrid Fund (up to 28 funds with data), 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 28 peers in Aggressive Hybrid Fund
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 Aggressive Hybrid 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 | Nifty 50 TRI | Diff | |
|---|---|---|---|---|
| 2026part | -1.39% | -12.85% | +11.46% | |
| 2025 | +4.14% | +11.97% | -7.83% | |
| 2024 | +21.70% | +10.16% | +11.54% | |
| 2023 | +20.07% | +21.69% | -1.62% | |
| 2022 | +5.01% | +5.68% | -0.67% | |
| 2021 | +28.88% | +25.49% | +3.39% | |
| 2020 | +15.38% | +16.57% | -1.19% | |
| 2019 | +14.14% | +13.43% | +0.71% | |
| 2018 | -6.19% | +4.40% | -10.59% | |
| 2017 | +23.16% | +30.12% | -6.96% |
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; those years show no benchmark comparison.
Taxation
Taxed as equityThis is an equity-oriented fund (≥65% in Indian equities), so gains get the concessional capital-gains rates below — they do not add to your income-tax slab.
Flat, on the whole gain
On gains above ₹1.25 L per financial year
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- Equity75.46%
- Debt14.69%
- Cash & Equivalents9.85%
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹8,413Cr 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
ABAbhishek BisenStart date not disclosed
Head - Fixed Income, Debt Fund Manager and Dealer
B A Management, MBA Finance EPAF- IIM-C
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
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ABAtul BholeStart date not disclosed
Equity Fund Manager
MMS (Finance JBIMS), CA Cleared (ICAI), markets.
Mr. Atul has over 18 years of experience in Indian equity Prior to joining
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.
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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 Aggressive Hybrid funds
Aggressive hybrid funds hold roughly 65–80% equity and the rest in debt. The bond sleeve cushions falls, making them a gentler entry into equities than a pure equity fund.
Frequently asked questions
What is the NAV of Kotak Aggressive Hybrid Fund?
As of 01 Oct 2026, the NAV of Kotak Aggressive Hybrid Fund is ₹62.65 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Kotak Aggressive Hybrid Fund delivered?
Kotak Aggressive Hybrid Fund has returned -0.50% over 1 year, +10.34% per year over 3 years, +9.89% per year over 5 years and +11.20% 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 Aggressive Hybrid Fund?
Kotak Aggressive Hybrid Fund charges an expense ratio of 1.90% 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 Aggressive Hybrid Fund?
Kotak Aggressive Hybrid Fund's largest holdings are ICICI BANK LTD. (3.3%), ETERNAL LIMITED (3.2%), Fortis Healthcare India Ltd (3.1%), BHARTI AIRTEL LTD. (3.1%) and STATE BANK OF INDIA. (3.1%). Holdings are disclosed monthly and change over time.
How risky is Kotak Aggressive Hybrid Fund?
Kotak Aggressive Hybrid Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 11.8% and its worst peak-to-trough fall in our sample was -32.3%. 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 0.33 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Kotak Aggressive Hybrid Fund's 0.33 means it has rewarded its volatility with excess return. Higher is better.
What is the benchmark of Kotak Aggressive Hybrid Fund?
Kotak Aggressive Hybrid Fund is benchmarked against the NIFTY 50 Hybrid Composite Debt 65:35 Index TRI. Its alpha and beta on this page are measured against that index.
Who manages Kotak Aggressive Hybrid Fund?
Kotak Aggressive Hybrid Fund is managed by Abhishek Bisen and Atul Bhole at Kotak Mahindra.
How is Kotak Aggressive Hybrid Fund taxed?
Kotak Aggressive Hybrid Fund is an equity-oriented fund, so its capital gains get concessional rates: short-term gains (units held under 1 year) are taxed at 20%, and long-term gains (held 1 year or more) at 12.5% above a ₹1.25 lakh per-year exemption. These rates apply on redemption and don't add to your income-tax slab.