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KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option
★★★★★ monitor_heart Health Score: 75/100 · GoodKotak Mahindra Mutual Fund · Debt · Floater
₹1,444.34
AUM: ₹3,101 Cr
NAV updated 5 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.243%
Exit Load
Nil
Fund Manager
Deepak Agrawal
Inception
May 2019
Benchmark
NIFTY Short Duration Debt Index A-II
Sharpe Ratio
0.01
Std Dev (1Y)
0.97%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.73%
3m
+1.77%
6m
+3.23%
1y
+6.21%
3y
+7.99%
5y
+6.89%
10y
—
since inception
+5.24%
rate_review TopFund's Take on KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option
KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option holds up reasonably well within the Floater category, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 75/100.
Cost: At 0.243%, the expense ratio is meaningfully cheaper — about 10% below the Floater category average of 0.27% (based on 68 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a modest Sharpe ratio of 0.01 — returns have only marginally compensated for the risk taken. Separately, annualised volatility of 0.97% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
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info Fund Snapshot
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Frequently Asked Questions about KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option
The current NAV (Net Asset Value) of KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option is ₹1444.34. NAV is updated every business day after market close by AMFI.
1Y: 6.21% · 3Y CAGR: 7.99% · 5Y CAGR: 6.89%
The expense ratio is 0.243% per annum — the annual fee deducted from your investment to cover fund management costs.
KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option is managed by Deepak Agrawal at Kotak Mahindra Mutual Fund.
KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option is a Floater fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option is ₹3,102 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.