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Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct
★★★★★ monitor_heart Health Score: 70/100 · GoodKotak Mahindra Mutual Fund · Debt · Money Market Fund
₹1,290.89
AUM: ₹31,606 Cr
NAV updated about 2 months ago
Plan
Direct
Option
—
Risk
Low to Moderate
Expense Ratio
0.16%
Exit Load
Nil
Fund Manager
Deepak Agrawal
Inception
Dec 2012
Benchmark
CRISIL Money Market A-I Index
Sharpe Ratio
-1.49
Std Dev (1Y)
0.81%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.49%
3m
+1.59%
6m
+2.97%
1y
+6.03%
3y
+7.33%
5y
+6.49%
10y
+6.64%
since inception
+43.42%
rate_review TopFund's Take on Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct holds up reasonably well within the Money Market Fund 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 70/100.
Cost: At 0.16%, the expense ratio is meaningfully cheaper — about 33% below the Money Market Fund category average of 0.24% (based on 64 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 -1.49 — 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 0.81% 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.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
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Frequently Asked Questions about Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct
The current NAV (Net Asset Value) of Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct is ₹1290.89. NAV is updated every business day after market close by AMFI.
1Y: 6.03% · 3Y CAGR: 7.33% · 5Y CAGR: 6.49%
The expense ratio is 0.16% per annum — the annual fee deducted from your investment to cover fund management costs.
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct is managed by Deepak Agrawal at Kotak Mahindra Mutual Fund.
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct is a Low to Moderate risk fund. Suitable for investors with a moderate risk appetite.
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct is a Money Market Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct is ₹31,606 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.