July 5, 2025
RA Jainee
Kotak Savings Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 45.0223
NAV IDCW Monthly: Rs 19.4122
Suitable For Which Investors?
Ultra-short Duration debt funds predominantly invest in bonds maturing in three to six months. They aim to earn slightly better returns over liquid funds but with a marginally higher degree of volatility.
They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for the next six months up to 1-1.5 years. Investors who want to avoid the complexity of wading through the very finely classified categories of debt funds can simply give these funds a miss and stick to liquid funds for this investing need. But those, who want slightly better returns and can withstand a little more volatility, can consider ultra-short duration funds.
The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital. Remember, they are geared to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit, but are not suitable to build wealth in the long run.
Fund’s Investment Strategy:
The scheme seeks to generate returns through investment in debt and money market instruments with a view to reduce the interest rate risk.
Fund Manager:
1) Deepak Agrawal
Education: Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
Experience: He has been associated with Kotak AMC since 2002.
2) Manu Sharma
Education: Mr. Sharma has done M.Com and CA.
Experience: He has over 17 years of experience in fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 1 |
| Min. Balance (Rs) | 1,000 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Kotak Savings Fund
| Fund House | Kotak Mahindra Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.47% |
| Benchmark | NIFTY Ultra Short Duration Debt Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 15,401 Cr |
| (As on 31-May-2025) | |
| Expense | 0.37% |
| (As on 30-Jun-2025) | |
| Risk Grade | Above Average |
| Return Grade | Average |
Trailing Returns (%) of Kotak Savings Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Kotak Savings Dir | 4.19 | 0.03 | 0.65 | 1.98 | 4.13 | 7.95 | 7.38 | 6.00 | 6.62 | 6.99 |
| CCIL T Bill Liquidity Weight | 2.81 | 0.01 | 0.42 | 1.41 | 2.70 | 5.20 | 4.53 | 3.53 | 3.74 | 3.93 |
| Debt: Ultra Short Duration | 4.13 | 0.03 | 0.65 | 1.94 | 4.06 | 7.90 | 7.32 | 6.03 | 6.25 | 6.60 |
| Rank within category | 9 | 3 | 18 | 7 | 9 | 13 | 14 | 10 | 4 | 3 |
| Number of funds in category | 26 | 30 | 30 | 29 | 26 | 24 | 24 | 22 | 14 | 11 |
Peer Comparison of Kotak Savings Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| Kotak Savings Dir | 2 star | 7.95 | 7.38 | 6.00 | 0.37 | 15,401 | 7.47 | — | 12Y 6M |
| ICICI Pru Ultra Short Term Dir | 4 star | 8.11 | 7.53 | 6.46 | 0.39 | 16,269 | 8.05 | — | 12Y 6M |
| Nippon India Ultra Short Duration Dir | 4 star | 8.20 | 7.67 | 7.31 | 0.38 | 8,772 | 7.25 | — | 12Y 6M |
| Axis Ultra Short Duration Dir | 4 star | 8.10 | 7.56 | 6.26 | 0.38 | 6,211 | 6.80 | — | 6Y 9M |
| Tata Ultra Short Term Dir | 4 star | 8.10 | 7.50 | 6.09 | 0.28 | 4,684 | 6.40 | — | 6Y 5M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 103 | 59 |
| Macaulay Duration (yrs) | 0.69 | 0.42 |
| Average Maturity (yrs) | 0.71 | 0.48 |
| Yield to Maturity (%) | 6.63 | 6.60 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For Kotak Savings Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Apply Online: https://www.kotakmf.com/mutual-funds
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