Kotak Savings Fund
Kotak Mahindra Mutual Fund · Best Ultra Short Duration Mutual Funds
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 — 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.
Not enough Ultra Short Duration Fund peers to rank yet
Volatility not available yet
0.4% expense vs 0.3% category avg
Not enough history for a rolling 3Y view
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 Ultra Short Duration 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.
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹15,972Cr 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.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
Pick a longer period to plot the path.
1 monthly installments of ₹10,000 into Kotak Savings Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
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.
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
Investment Guru · 21h ago
TPG pares 6.66% stake in Aster DM Quality Care; HDFC MF, Citigroup, Kotak Mahindra AMC among buyers
Moneycontrol.com · 1d ago
TPG pares 6.66% stake in Aster DM Quality Care; HDFC MF, Citigroup, Kotak Mahindra AMC among buyers
Moneycontrol.com · 1d ago
Kotak Mahindra Mutual Fund files offer document for Nifty Realty Index Fund
Investment Guru · 2d ago
Who leads the hybrid fund race?
Cafemutual · 2d ago
Top three unchanged: SBI, ICICI Pru and HDFC MF dominate equity AAUM rankings
Cafemutual · 3d ago
Kotak Multi Asset Omni FoF - Regular Plan
CNBC TV18 · 10d ago
Kotak Multi Asset Omni FoF - Direct Plan
CNBC TV18 · 10d ago
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 money to governments and companies and earn interest. They're generally steadier than equity funds; their risk comes from interest-rate moves and, for some, the creditworthiness of borrowers.
Frequently asked questions
What is the NAV of Kotak Savings Fund?
As of 20 Aug 2026, the NAV of Kotak Savings Fund is ₹10.02 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Kotak Savings Fund delivered?
Kotak Savings Fund has returned +0.10% 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 Savings Fund?
Kotak Savings Fund charges an expense ratio of 0.36% 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 Savings Fund?
Its largest holdings are AXIS BANK LIMITED CD 14JAN27 (4.3%), BANK OF BARODA CD 05FEB27 (3.7%), NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 24E 7.80 BD 15MR27 FVRS1LAC (3.7%), STATE DEVELOPMENT LOAN 37139 TN 25FB29 6.54 FV RS 100 (2.9%) and HDFC BANK LIMITED CD 22JAN27 (2.2%). Holdings are disclosed monthly and change over time.
How risky is Kotak Savings Fund?
It is rated low on SEBI's risk-o-meter and its worst peak-to-trough fall in our sample was -0.0%. 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 Savings Fund?
Kotak Savings Fund is benchmarked against the Benchmark - Nifty Ultra Short Duration Debt Index A-I Benchmark rationale:. Its alpha and beta on this page are measured against that index.
Who manages Kotak Savings Fund?
Kotak Savings Fund is managed by Deepak Agrawal and Manu Sharma at Kotak Mahindra.
How is Kotak Savings Fund taxed?
Kotak Savings 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.