What is the current NAV of Kotak Money Market Fund - (Growth) - Direct?

The current NAV (Net Asset Value) of Kotak Money Market Fund - (Growth) - Direct is ₹4853.85. NAV is updated every business day after market close by AMFI.

What is the 1-year return of Kotak Money Market Fund - (Growth) - Direct?

Kotak Money Market Fund - (Growth) - Direct has delivered a 1-year CAGR return of 124.69% as of the latest data.

What is the 3-year CAGR of Kotak Money Market Fund - (Growth) - Direct?

Kotak Money Market Fund - (Growth) - Direct has delivered a 3-year CAGR return of 46.75%. This measures compounded annual growth over 3 years.

What is the expense ratio of Kotak Money Market Fund - (Growth) - Direct?

The expense ratio of Kotak Money Market Fund - (Growth) - Direct is 0.24% per annum. This is the annual fee charged by the fund to manage your investment.

Who manages Kotak Money Market Fund - (Growth) - Direct?

Kotak Money Market Fund - (Growth) - Direct is managed by Jeetu Valechha Sonar at Kotak Mahindra Mutual Fund.

What is the risk level of Kotak Money Market Fund - (Growth) - Direct?

Kotak Money Market Fund - (Growth) - Direct is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.

What is the minimum SIP amount for Kotak Money Market Fund - (Growth) - Direct?

You can start a SIP in Kotak Money Market Fund - (Growth) - Direct with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.

What is the AUM of Kotak Money Market Fund - (Growth) - Direct?

The Assets Under Management (AUM) of Kotak Money Market Fund - (Growth) - Direct is ₹945 crore. AUM indicates the total market value of assets managed by the fund.

info

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 Money Market Fund - (Growth) - Direct

★★★★★ monitor_heart Health Score: 73/100 · Good

Kotak Mahindra Mutual Fund · Debt · Money Market Fund

₹4,853.85

+1.1 (+0.02%) trending_up

AUM: ₹944 Cr

NAV updated about 2 months ago

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Plan

Direct

Option

Growth

Risk

Low to Moderate

Expense Ratio

0.24%

Exit Load

Exit load of 0.5%, if redeemed within 30 days.

Fund Manager

Jeetu Valechha Sonar

Inception

Mar 2023

Benchmark

Domestic Price of Silver

Sharpe Ratio

-0.13

Std Dev (1Y)

0.46%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

-3.36%

-6.47%

+35.99%

+124.69%

+46.75%

+6.5%

10y

+6.65%

since inception

+51.07%

rate_review TopFund's Take on Kotak Money Market Fund - (Growth) - Direct

Kotak Money Market Fund - (Growth) - Direct holds up reasonably well within the Money Market Fund category, currently carrying a 2-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 73/100.

Cost: At 0.24%, the expense ratio is roughly in line with the Money Market Fund category average of 0.24% — cost isn't a standout factor either way for this fund.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.13 — 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 0.46% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to conservative investors prioritising capital stability and predictable income over high growth.

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.