GMP IPO Watch
Kotak Floating Interest Rates Fund
Direct Plan · GROWTH OPTION · Kotak Mahindra Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
Want to invest in this fund?
Open a free demat & trading account with Zerodha to invest in direct mutual funds with zero commission.
Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | -0.07% | -0.10% | 6 of 12 |
| 1M | +0.04% | -0.04% | 6 of 12 |
| 3M | +0.78% | +0.46% | 5 of 12 |
| 6M | +2.52% | +1.81% | 6 of 12 |
| YTD | +3.95% | +2.78% | 7 of 12 |
| 1Y | +5.29% | +3.55% | 6 of 12 |
| 2Y | +7.03% | +4.69% | 4 of 12 |
| 3Y | +7.59% | +5.27% | 4 of 12 |
| 5Y | +6.64% | +4.61% | 4 of 12 |
| 7Y | +7.12% | +3.44% | 4 of 7 |
| INCEPTION | +7.13% | — | — |
Ranked among: Debt Scheme - Floater Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.78% | +6.14% | -1.31% | 96% | 39% |
| 6M | +3.58% | +8.25% | +0.07% | 100% | 41% |
| 1Y | +7.36% | +12.03% | +2.61% | 100% | 43% |
| 2Y | +7.11% | +9.02% | +4.10% | 100% | 43% |
| 3Y | +6.92% | +8.42% | +5.25% | 100% | 43% |
| 5Y | +7.00% | +7.66% | +6.59% | 100% | 43% |
| 7Y | +7.22% | +7.32% | +7.12% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt98.70%
- Cash1.30%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Power Finance Corporation Ltd.(^)** | Debt | 6.11% | +0.32% |
| SDL KA 7.19% 2032 | SOV | 5.91% | +0.25% |
| SDL TN 7.31% 2033 | SOV | 5.55% | +0.23% |
| REC LTD(^)** | Debt | 5.35% | +0.28% |
| PIPELINE INFRASTRUCTURE LIMITED(^)** | Debt | 5.11% | +0.27% |
| JUBILANT BEVCO LIMITED ( Axis Trustee Services Limited step up or down 25 bps for every rating chang) (^) | Debt | 3.47% | +0.21% |
| JTPM METAL TRADERS PVT LTD ( CATALYST TRUSTEESHIP LIMITE) (^)** | Debt | 3.33% | +0.18% |
| TATA CAPITAL HOUSING FINANCE LTD.(^)** | Debt | 3.07% | +0.14% |
| TATA CAPITAL HOUSING FINANCE LTD.(^) | Debt | 3.06% | +0.15% |
| MUTHOOT FINANCE LTD.(^)** | Debt | 3.05% | +0.15% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)** | Debt | 3.05% | +0.16% |
| DLF Cyber City Developers Ltd(^)** | Debt | 3.03% | +0.16% |
| BHARTI TELECOM LTD.(^)** | Debt | 3.03% | +0.16% |
| EMBASSY OFFICE PARKS REIT(^)** | Debt | 3.01% | +0.15% |
| EMBASSY OFFICE PARKS REIT(^)** | Debt | 2.78% | +0.14% |
View all 44 holdings
| MUTHOOT FINANCE LTD.(^)** | Debt | 2.33% | +0.12% |
| SMFG INDIA CREDIT CO. LTD.(^)** | Debt | 2.30% | +0.12% |
| SDL KA 7.25% 2031 | SOV | 2.30% | +0.10% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)** | Debt | 2.28% | +0.12% |
| Net Current Assets/(Liabilities) | Debt | 2.18% | — |
| BAJAJ HOUSING FINANCE LTD.(^)** | Debt | 2.15% | +0.11% |
| SST-7.80%-28-9-30-PTC | Debt | 2.06% | +0.06% |
| SST-7.73%-28-9-29-PTC | Debt | 2.06% | +0.07% |
| HDFC BANK LTD.(^)** | Debt | 1.56% | +0.08% |
| ICICI HOME FINANCE COMPANY LIMITED** | Debt | 1.55% | +0.10% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^) | Debt | 1.54% | +0.08% |
| Power Finance Corporation Ltd.(^)** | Debt | 1.54% | +0.08% |
| LIC HOUSING FINANCE LTD.(^)** | Debt | 1.53% | +0.07% |
| EMBASSY OFFICE PARKS REIT(^)** | Debt | 1.53% | +0.08% |
| BAJAJ FINANCE LTD.(^) | Debt | 1.52% | +0.08% |
| Power Finance Corporation Ltd.(^) | Debt | 1.50% | +0.06% |
| L&T METRO RAIL (HYDERABAD) LTD ( Axis Trusteeship services Ltd . Guaranteed by Larsen & Toubro Limited.) (^)** | Debt | 1.49% | +0.06% |
| VEDANTA LTD. ( Axis Trustee Services Ltd.) (^)** | Debt | 1.40% | +0.07% |
| TATA CAPITAL HOUSING FINANCE LTD.(^)** | Debt | 1.37% | +0.07% |
| Triparty Repo | Reverse Repo / TREPS | 1.30% | — |
| DHRUVA-9.5%-24-10-29-PTC | Debt | 1.10% | +0.00% |
| KNOWLEDGE REALTY TRUST** | Debt | 0.92% | +0.05% |
| Mahindra & Mahindra Financial Services Ltd.** | Debt | 0.77% | +0.04% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | Debt | 0.77% | +0.04% |
| L & T FINANCE LTD.** | Debt | 0.76% | +0.03% |
| SBI ALTERNATIVE INVESTMENT FUND | Alternative Investment Fund | 0.49% | +0.03% |
| Bahadur Chand Investments Private Limited** | Debt | 0.39% | +0.03% |
| Bahadur Chand Investments Private Limited** | Debt | 0.39% | +0.03% |
| V08T-9.75%-20-2-27-PTC | Debt | 0.01% | -0.03% |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.96 | 1.57 | Low Volatility |
| 3Y | 1.14 | 1.29 | Low Volatility |
| 5Y | 1.18 | 1.31 | Low Volatility |
What is this?
Risk as measured by standard deviation is a statistical measure that quantifies the amount of variation or dispersion in a set of data points relative to its mean (average).
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.12 | 0.00 | Good Risk Adjusted Returns |
| 3Y | 1.12 | 0.65 | Good Risk Adjusted Returns |
| 5Y | 0.61 | 0.32 | Good Risk Adjusted Returns |
What is this?
Higher the value means that fund has been able to give better returns for the amount of risk taken. It helps investors understand the return of an investment compared to its risk, showing whether the returns are due to intelligent investing or simply taking on excess risk. It is calculated by subtracting the risk-free return, defined as an Indian Government Bond, from the fund's returns, and then dividing by the standard deviation of returns.
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.24 | 0.23 | Good Risk Adjusted Returns |
| 3Y | 2.61 | 1.45 | Good Risk Adjusted Returns |
| 5Y | 1.01 | 0.70 | Good Risk Adjusted Returns |
What is this?
The Sortino Ratio is a financial metric used to measure the risk-adjusted return of an investment. It's a modification of the Sharpe Ratio but with a key difference; it only considers downside risk (the risk of negative returns), rather than total volatility. This means it focuses on how well an investment performs relative to the volatility that leads to losses, ignoring the volatility that results in gains. The idea is that investors are primarily concerned with minimizing losses, and positive volatility is generally seen as a good thing.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 5.32 | 5.43 | Good Risk Adjusted Returns |
| 3Y | 5.31 | 5.69 | Good Risk Adjusted Returns |
| 5Y | 5.78 | 5.23 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
SBI Floating Interest Rates Fund
Regular Plan · Growth
|
+5.97% | +7.25% | +6.46% | +6.22% |
|
Tata Floating Interest Rates Fund
Direct Plan · IDCW Monthly Payout Option
|
+5.62% | +7.34% | +6.70% | +6.59% |
|
UTI Floating Interest Rates Fund
Regular Plan · Growth
|
+5.34% | +6.56% | +5.81% | +6.12% |
|
ICICI Prudential Floating Interest Rates Fund
Regular Plan · Growth
|
+5.33% | +7.02% | +6.28% | +7.55% |
|
BANDHAN FLOATING INTEREST RATES FUND
Regular Plan · Growth
|
+5.29% | +7.13% | +6.19% | +5.93% |
|
Axis Floating Interest Rates Fund
Regular Plan · Quarterly IDCW Option
|
+4.40% | +6.85% | +5.43% | +5.40% |
|
Nippon India Floating Interest Rates Fund
Regular Plan · Growth Option
|
+4.36% | +7.00% | +6.20% | +7.52% |
|
DSP Floating Interest Rates Fund
Regular Plan · Growth
|
+4.28% | +7.27% | +6.21% | +6.24% |
|
HDFC Floating Interest Rates Fund
Regular Plan · Daily IDCW Option
|
-0.17% | -0.04% | -0.03% | -0.01% |
|
Aditya Birla Sun Life Floating Interest Rates Fund
Regular Plan · Daily IDCW
|
-1.17% | -0.16% | -0.09% | -0.04% |
More From Kotak Mahindra Asset Management Company Limited.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Kotak US Specific Equity Passive FOF
Direct Plan · Growth
|
+31.48% | +31.70% | +20.56% | +20.68% |
|
Kotak Global Emerging Market Overseas Equity Active FOF
Direct Plan · Payout of Income Distribution cum capital withdrawal option
|
+31.35% | +25.46% | +11.15% | +9.38% |
|
Kotak Global Innovation Overseas Equity Active FOF
Direct Plan · Growth
|
+25.24% | +25.57% | +9.51% | +8.96% |
|
Kotak Silver ETF Fund of Fund
Direct Plan · Growth
|
+22.75% | +41.71% | — | +31.99% |
|
Kotak Healthcare Fund
Direct Plan · IDCW Option
|
+20.66% | — | — | +20.27% |
| Kotak Silver ETF | +18.26% | +42.49% | — | +32.36% |
| KOTAK GOLD ETF | +14.36% | +34.30% | +23.70% | +14.61% |
|
Kotak Gold Fund
Direct Plan · Growth
|
+14.18% | +33.97% | +23.39% | +10.77% |
|
Kotak MNC Fund
Direct Plan · Growth
|
+13.56% | — | — | +10.65% |
|
Kotak Special Opportunities Fund
Direct Plan · Growth
|
+13.28% | — | — | +5.46% |
About This Scheme
Investment Objective
The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Stated Asset Allocation
Floating Rate Debt Securities (including securitized debt and Fixed rate debt instruments swapped for floating rate returns) - 65 - 100% - Low –Medium Fixed Rate Debt Securities (including securitized debt, money market instruments & Floating rate debt instruments swapped for Fixed rate returns) - 0 - 35% - Low – Medium Units issued by InvITs - 0 - 10% - Medium to High The scheme shall ensure that for asset allocation limits as provided in above table, the base shall be considered as net assets excluding the extent of minimum stipulated eligible assets i.e. higher of 10% of net assets or LR-CRaR as prescribed at Annexure 1 of AMFI Best Practices Guidelines Circular No.93 / 2021-22 dated July 24, 2021. @Pursuant to para 1(b) of SEBI circular no. HO/24/13/12(1)2025-IMDPOD- 2/I/157/2025 dated November 28, 2025 existing investments in REITs, if any held by Debt schemes of Kotak Mahindra Mutual Fund as on December 31, 2025, is grandfathered. No new investments will be made in REITs on or after January 01, 2026.
Exit Load
Nil
Fund Managers
FM 1 Mr. Deepak Agrawal, FM2 Mr. Manu Sharma
FM 1 Primary, FM 2 Primary
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.