Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option
★★★★★ 3rd-party
External rating
- Source: Third-party data provider (Groww/CRISIL)
- Original rating: 3/5, displayed as-is — TopFund does not modify third-party ratings
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria
TopFund Score: 68/100 · Good
How this score is calculated
- Star rating (35%)3/5
- 3Y CAGR (30%)7.71%
- Expense ratio (20%)0.2423%
- AUM (15%)₹3,425 Cr
Not investment advice — an analytical read of public fund data. Methodology →
Kotak Mahindra Mutual Fund · Debt · Floater
₹1,667.28
AUM: ₹3,424 Cr
NAV updated 11 days ago
Plan
Direct
Option
Growth
Risk
Low to Moderate
Expense Ratio
0.2423%
Exit Load
Nil
Fund Manager
Deepak Agrawal
Inception
May 2019
Benchmark
NIFTY Short Duration Debt Index A-II
Sharpe Ratio
-0.28
Std Dev (1Y)
1.0%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.08%
3m
+1.36%
6m
+2.91%
1y
+6.05%
3y
+7.71%
5y
+6.68%
10y
—
since inception
+5.21%
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, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 68/100.
Cost: At 0.2423%, the expense ratio is meaningfully cheaper — about 19% below the Floater category average of 0.3% (based on 56 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 negative Sharpe ratio of -0.28 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 1.0% is on the lower side for a Floater fund, 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.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
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 ₹1667.28. NAV is updated every business day after market close by AMFI.
1Y: 6.05% · 3Y CAGR: 7.71% · 5Y CAGR: 6.68%
The expense ratio of KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option is 0.2423% per annum. This is the annual fee charged by the fund to manage your investment.
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 classified as a Low to Moderate risk fund. It is 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.
You can start a SIP in KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of KOTAK FLOATING RATE FUND-DIRECT PLAN-Standard Reinvestment of Income Distribution cum capital withdrawal option is ₹3,425 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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