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Kotak India Growth Fund Series 4

Q: What is the NAV of Kotak India Growth Fund Series 4?

The last published NAV of Kotak India Growth Fund Series 4 was ₹30.85 per unit, on 22 Feb 2024. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.

Q: What is the expense ratio of Kotak India Growth Fund Series 4?

Kotak India Growth Fund Series 4 charges an expense ratio of 1.28% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: How risky is Kotak India Growth Fund Series 4?

Kotak India Growth Fund Series 4 sits at the moderate level on our estimate of SEBI's risk-o-meter scale and its worst peak-to-trough fall in our sample was 29.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of Kotak India Growth Fund Series 4?

Kotak India Growth Fund Series 4 is benchmarked against the Nifty 200 TRI. The alpha, beta and capture figures on this page are measured against the Nifty 500 TRI, the closest index whose daily history we hold.

Q: Who manages Kotak India Growth Fund Series 4?

Kotak India Growth Fund Series 4 is managed by Devender Singhal at Kotak Mahindra.

Q: When was Kotak India Growth Fund Series 4 launched, and what is its objective?

Kotak India Growth Fund Series 4 was launched on 20 Feb 2018. its stated objective is: The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity & equity related instruments across market capitalisation and sectors. There is no assurance or guarantee that the investment objective of the scheme will be achieved. Both are as filed in the scheme's own Scheme Summary Document.

Q: How is Kotak India Growth Fund Series 4 taxed?

Kotak India Growth Fund Series 4 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.

Kotak Mahindra Mutual Fund

NAV

₹30.85

as of 22 Feb 2024

This is the Regular plan of Kotak India Growth Fund Series 4 — 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.

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This scheme hasn’t published a NAV since 22 Feb 2024 — it appears to have been discontinued or merged. Trailing return and risk metrics need recent pricing, so they can’t be computed; only the NAV history and lifetime drawdown are shown below.

Performance

+50.25%absolute

52-week rangePrev NAV ₹30.84

Latest ₹30.85

Low ₹19.92100th percentile of its 52-week rangeHigh ₹30.87

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 — this fund has no full year of NAV history yet. A rating needs at least a 1-year return to rank its performance against peers.

Performance—

No 3-year record to rank on yet

Risk—

Volatility not available yet

Cost—

1.3% expense (no category average yet)

ConsistencyHigh

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

Consistent — positive in 100% of rolling 3-year windows

Concerns

No significant concerns identified.

Key Metrics

Annual fee charged by the fund, already deducted from NAV

1.28%

Direct 0.34% · Regular 1.28%

Category —

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

—

Category —

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

—

Category —

Scheme Info

Definitions

Plan

Regular · Growth

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.

—

Smallest recurring SIP instalment the scheme accepts

—

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

Nifty 200 TRI

The scheme's allotment date, as filed in its Scheme Summary Document. This plan's NAV history may begin later — Direct plans only exist from 1 Jan 2013.

20 Feb 2018

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

Definitions

Absolute return over the last 1 month (not annualized)

—

Absolute return over the last 3 months (not annualized)

—

Absolute return over the last 6 months (not annualized)

—

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

—

Annualized returns (≥1Y — CAGR)

Definitions

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

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

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.

—

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

—

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

—

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

—

Largest peak-to-trough decline over full history

-29.07%

Benchmark ratios (vs Nifty 500 TRI · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Nifty 500 TRI

—

Sensitivity to Nifty 500 TRI moves; 1 = moves with the index

—

How much of the fund's movement Nifty 500 TRI explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Nifty 500 TRI over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees; price means no free daily yield exists for that index, so the fund's alpha includes roughly the index's dividend yield. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

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

₹12.75L

Absolute

+112.52%

XIRR

+31.65%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into Kotak India Growth Fund Series 4, 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 500 TRI	Diff
2024part	+4.86%	—	—
2023	+39.64%	+27.43%	+12.21%
2022	+5.93%	+4.34%	+1.59%
2021	+41.25%	+31.59%	+9.66%
2020	+45.09%	+18.33%	+26.76%
2019	+5.64%	+8.95%	-3.31%
2018part	-8.25%	—	—

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.

History points

1,475

Expense ratio

1.28%

Exit load

NIL

Taxation

Taxed as equity

This 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.

Short-term (STCG)

20%

Held under 1 year

Flat, on the whole gain

Long-term (LTCG)

12.5%

Held 1 year or more

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.

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.

-29.1%27 Apr 2018 → 23 Mar 2020
Fell over 1.9 years, back to the old high on 20 Jul 2020 — 4 months under water after the low.
-14.0%09 Nov 2021 → 17 Jun 2022
Fell over 7 months, back to the old high on 06 Sep 2022 — 3 months under water after the low.
-8.5%16 Sep 2020 → 24 Sep 2020
Fell over 8 days, back to the old high on 09 Nov 2020 — 2 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

₹6,14,116Cr+4.0% QoQ

Avg AUM · July - September 2026

Website

kotakmf.com

Fund Managers

DSDevender SinghalStart date not disclosed

Role

Equity Fund Manager

Education

PGDM (Finance, Insurance) Mathematics (Hon) Delhi University

Experience

Mr. Devender Singhal is managing the equity funds for Kotak AMC since Aug 2015. He is managing assets across multicap and hybrid strategies. He has more than 23 years of experience in fund management and equity research of which last 17 years has been with Kotak.Prior to joining Kotak Savings Fund AMC, He has been part of various PMS like Kotak, Religare, Karvy and P N Vijay Financial Services.

Funds managed (42)

All schemes Devender Singhal runs →

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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Fund managers

Devender Singhal

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.

Frequently asked questions

What is the NAV of Kotak India Growth Fund Series 4?

The last published NAV of Kotak India Growth Fund Series 4 was ₹30.85 per unit, on 22 Feb 2024. The scheme has not published a NAV since then — it has likely been merged, wound up or discontinued, so this figure is historical, not a current price.

What is the expense ratio of Kotak India Growth Fund Series 4?

Kotak India Growth Fund Series 4 charges an expense ratio of 1.28% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

How risky is Kotak India Growth Fund Series 4?

Kotak India Growth Fund Series 4 sits at the moderate level on our estimate of SEBI's risk-o-meter scale and its worst peak-to-trough fall in our sample was 29.1%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of Kotak India Growth Fund Series 4?

Kotak India Growth Fund Series 4 is benchmarked against the Nifty 200 TRI. The alpha, beta and capture figures on this page are measured against the Nifty 500 TRI, the closest index whose daily history we hold.

Who manages Kotak India Growth Fund Series 4?

Kotak India Growth Fund Series 4 is managed by Devender Singhal at Kotak Mahindra.

When was Kotak India Growth Fund Series 4 launched, and what is its objective?

Kotak India Growth Fund Series 4 was launched on 20 Feb 2018. its stated objective is: The investment objective of the scheme is to generate capital appreciation from a diversified portfolio of equity & equity related instruments across market capitalisation and sectors. There is no assurance or guarantee that the investment objective of the scheme will be achieved. Both are as filed in the scheme's own Scheme Summary Document.

How is Kotak India Growth Fund Series 4 taxed?

Kotak India Growth Fund Series 4 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.