GMP IPO Watch
Debt Scheme - Money Market Fund
Kotak Money Market Fund
Direct Plan · (Growth) · Kotak Mahindra Mutual Fund
Risk: Moderate Risk
★★★★★
Morningstar
52W Low ₹4621.08 9 Oct 2025
52W High ₹4925.98 9 Oct 2026
₹4927.0891
NAV as of 12 Oct 2026
+0.02% day change
Other Plans of This Fund
ISININF174K01MW2
Scheme Code119746
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹26,299.8 Cr
Expense Ratio (as of 7 Oct 2026)0.16%
Min. Investment₹1,000
Inception Date1 Jan 2007
BenchmarkCRISIL Money Market A-I Index · -
Portfolio Turnover166.97%
NFO Period03-Jul-2003 – 14-Jul-2003
Returns
1Y
+6.60%
3Y
+7.39%
5Y
+6.75%
7Y
+6.27%
10Y
+6.66%
Since Inception
+7.24%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.17% | +0.13% | 28 of 28 |
| 1M | +0.45% | +0.27% | 25 of 28 |
| 3M | +1.72% | +1.24% | 24 of 28 |
| 6M | +3.44% | +2.42% | 27 of 28 |
| YTD | +5.17% | +3.62% | 27 of 28 |
| 1Y | +6.60% | +4.54% | 22 of 26 |
| 2Y | +7.20% | +4.90% | 23 of 24 |
| 3Y | +7.39% | +5.10% | 24 of 24 |
| 5Y | +6.75% | +4.26% | 20 of 20 |
| 7Y | +6.27% | +3.93% | 12 of 17 |
| 10Y | +6.66% | +3.86% | 9 of 13 |
| INCEPTION | +7.24% | — | — |
Ranked among: Debt Scheme - Money Market Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.79% | +3.02% | +0.51% | 100% | 41% |
| 6M | +3.59% | +5.12% | +1.76% | 100% | 41% |
| 1Y | +7.27% | +9.88% | +3.67% | 100% | 43% |
| 2Y | +7.18% | +9.39% | +3.94% | 100% | 43% |
| 3Y | +7.05% | +9.00% | +4.74% | 100% | 43% |
| 5Y | +6.81% | +8.29% | +5.88% | 100% | 43% |
| 7Y | +6.81% | +8.19% | +6.26% | 100% | 43% |
| 10Y | +6.89% | +7.17% | +6.62% | 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%
- Debt99.11%
- Cash0.89%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings108
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| 182T040227 | SOV | 4.45% | +0.35% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 3.82% | +0.31% |
| 182TB11227 | SOV | 3.11% | +0.24% |
| PUNJAB NATIONAL BANK** | Money Market | 2.84% | +0.23% |
| INDUSIND BANK LTD.** | Money Market | 2.66% | +0.21% |
| YES BANK LTD.** | Money Market | 2.64% | +0.21% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 2.48% | +0.20% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 2.12% | +0.17% |
| HDFC BANK LTD.** | Money Market | 2.12% | +0.74% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 2.04% | +0.25% |
| HDFC BANK LTD.** | Money Market | 1.96% | +0.16% |
| 182T210127 | SOV | 1.79% | +0.15% |
| PUNJAB NATIONAL BANK** | Money Market | 1.78% | +0.15% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 1.78% | +0.15% |
| HDFC BANK LTD.** | Money Market | 1.77% | +0.22% |
View all 110 holdings
| INDIAN OVERSEAS BANK** | Money Market | 1.77% | +0.15% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 1.42% | -0.21% |
| BANK OF BARODA** | Money Market | 1.42% | +0.12% |
| PUNJAB & SIND BANK** | Money Market | 1.41% | +0.11% |
| CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LTD.** | Money Market | 1.41% | +0.11% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^)** | Money Market | 1.38% | +0.11% |
| FEDERAL BANK LTD.** | Money Market | 1.33% | +0.10% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 1.33% | +0.02% |
| UNION BANK OF INDIA** | Money Market | 1.33% | +0.11% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 1.24% | +0.10% |
| 182T280127 | SOV | 1.23% | +0.10% |
| FEDERAL BANK LTD.** | Money Market | 1.16% | +0.10% |
| BANK OF BARODA** | Money Market | 1.15% | +0.09% |
| AU SMALL FINANCE BANK LTD.(^)** | Money Market | 1.07% | +0.09% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 1.07% | +0.09% |
| IDBI BANK LTD.** | Money Market | 1.06% | +0.09% |
| MOTILAL OSWAL FINANCIAL SERVICES LIMITED(^)** | Money Market | 1.06% | +0.08% |
| MUTHOOT FINCORP LTD.** | Money Market | 1.06% | +0.08% |
| ICICI SECURITIES LIMITED** | Debt | 1.06% | +0.09% |
| 182TB25327 | SOV | 1.06% | — |
| MOTILAL OSWAL FINANCIAL SERVICES LIMITED** | Money Market | 1.05% | +0.08% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^)** | Money Market | 1.02% | +0.08% |
| PUNJAB NATIONAL BANK** | Money Market | 0.89% | +0.07% |
| AU SMALL FINANCE BANK LTD.** | Money Market | 0.89% | +0.07% |
| INDUSIND BANK LTD.** | Money Market | 0.89% | +0.07% |
| Export-Import Bank of India** | Money Market | 0.89% | +0.07% |
| Triparty Repo | Reverse Repo / TREPS | 0.89% | — |
| KARUR VYSYA BANK LTD.** | Money Market | 0.88% | +0.07% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 0.88% | +0.07% |
| ICICI SECURITIES LIMITED** | Debt | 0.88% | +0.07% |
| ADITYA BIRLA CAPITAL LTD(^)** | Money Market | 0.88% | +0.07% |
| 360 ONE PRIME LTD.** | Money Market | 0.88% | +0.07% |
| IIFL FINANCE LIMITED** | Money Market | 0.88% | +0.07% |
| UNION BANK OF INDIA(^)** | Money Market | 0.86% | +0.06% |
| AU SMALL FINANCE BANK LTD.** | Money Market | 0.86% | +0.07% |
| TATA COMMUNICATIONS LTD** | Money Market | 0.80% | +0.07% |
| Mahindra & Mahindra Financial Services Ltd.** | Money Market | 0.79% | +0.06% |
| HDFC BANK LTD.** | Money Market | 0.71% | +0.06% |
| PUNJAB & SIND BANK** | Money Market | 0.71% | +0.06% |
| MUTHOOT FINANCE LTD.** | Money Market | 0.71% | +0.06% |
| MUTHOOT FINANCE LTD.** | Money Market | 0.71% | +0.06% |
| MOTILAL OSWAL FINANCIAL SERVICES LIMITED** | Money Market | 0.71% | +0.06% |
| AXIS SECURITIES LIMITED(^)** | Debt | 0.71% | +0.06% |
| ADITYA BIRLA CAPITAL LTD** | Money Market | 0.71% | +0.06% |
| 364TB11227 | SOV | 0.71% | +0.05% |
| INDIAN BANK** | Money Market | 0.69% | +0.05% |
| CANARA BANK** | Money Market | 0.62% | +0.05% |
| CANARA BANK** | Money Market | 0.62% | +0.05% |
| ICICI BANK LTD.** | Money Market | 0.59% | +0.02% |
| MUTHOOT FINCORP LTD.** | Money Market | 0.54% | +0.05% |
| NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT** | Money Market | 0.53% | +0.04% |
| CANARA BANK | Money Market | 0.53% | +0.04% |
| ADITYA BIRLA HOUSING FINANCE LTD** | Money Market | 0.53% | +0.04% |
| MOTILAL OSWAL FINANCIAL SERVICES LIMITED** | Money Market | 0.53% | +0.04% |
| MUTHOOT FINCORP LTD.** | Money Market | 0.53% | +0.04% |
| TORRENT PHARMACEUTICALS LTD.** | Money Market | 0.50% | +0.04% |
| 91TB031226 | SOV | 0.45% | — |
| UNION BANK OF INDIA** | Money Market | 0.44% | +0.03% |
| IIFL FINANCE LIMITED** | Money Market | 0.44% | +0.04% |
| ANGEL ONE LIMITED** | Money Market | 0.44% | +0.04% |
| ANGEL ONE LIMITED** | Money Market | 0.44% | +0.04% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 0.36% | +0.03% |
| INDIAN OVERSEAS BANK** | Money Market | 0.35% | +0.03% |
| HDFC BANK LTD. | Money Market | 0.35% | +0.03% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 0.35% | +0.03% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 0.35% | +0.03% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | Money Market | 0.35% | +0.03% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^)** | Money Market | 0.35% | +0.03% |
| PILANI INVESTMENT AND INDUSTRIES CORPORATION LTD** | Money Market | 0.35% | +0.02% |
| BIRLA GROUP HOLDING PRIVATE LIMITED** | Money Market | 0.35% | +0.02% |
| HERO FINCORP LTD.** | Money Market | 0.35% | +0.02% |
| BAJAJ HOUSING FINANCE LTD.** | Money Market | 0.35% | +0.02% |
| ICICI SECURITIES LIMITED** | Debt | 0.35% | — |
| CREDILA FINANCIAL SERVICES PVT LTD** | Money Market | 0.35% | +0.03% |
| MUTHOOT FINCORP LTD.** | Money Market | 0.35% | +0.03% |
| NUVAMA WEALTH MANAGEMENT LIMITED** | Money Market | 0.35% | +0.03% |
| SBI ALTERNATIVE INVESTMENT FUND | Alternative Investment Fund | 0.35% | +0.03% |
| 360 ONE PRIME LTD.** | Money Market | 0.27% | +0.03% |
| NUVAMA WEALTH FINANCE LIMITED** | Money Market | 0.27% | +0.03% |
| NUVAMA WEALTH AND INVESTMENT LTD** | Money Market | 0.27% | +0.03% |
| ICICI SECURITIES LIMITED** | Debt | 0.26% | — |
| ADITYA BIRLA CAPITAL LTD** | Money Market | 0.25% | +0.02% |
| PUNJAB NATIONAL BANK** | Money Market | 0.18% | +0.02% |
| PUNJAB NATIONAL BANK | Money Market | 0.18% | — |
| BANK OF BARODA | Money Market | 0.18% | +0.02% |
| MUTHOOT FINCORP LTD.** | Money Market | 0.18% | +0.02% |
| MUTHOOT FINANCE LTD.** | Money Market | 0.18% | +0.02% |
| BAJAJ HOUSING FINANCE LTD.** | Money Market | 0.18% | +0.02% |
| INDIAN BANK** | Money Market | 0.14% | — |
| UNION BANK OF INDIA** | Money Market | 0.12% | — |
| CANARA BANK | Money Market | 0.09% | -0.81% |
| CANARA BANK** | Money Market | 0.09% | -0.65% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 0.09% | — |
| Madhya Pradesh State Govt - 2026 - Madhya Pradesh | SOV | 0.05% | +0.00% |
| Net Current Assets/(Liabilities) | Money Market | -0.18% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.47 | 0.88 | Low Volatility |
| 3Y | 0.55 | 0.68 | Low Volatility |
| 5Y | 0.58 | 0.71 | 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 | 1.16 | 0.76 | Good Risk Adjusted Returns |
| 3Y | 1.81 | 1.10 | Good Risk Adjusted Returns |
| 5Y | 1.44 | 0.68 | 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 | 2.88 | 1.88 | Good Risk Adjusted Returns |
| 3Y | 5.11 | 2.88 | Good Risk Adjusted Returns |
| 5Y | 3.44 | 1.57 | 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 | 1.48 | 1.43 | Poor Risk Adjusted Returns |
| 3Y | 1.54 | 1.49 | Poor Risk Adjusted Returns |
| 5Y | 1.53 | 1.52 | 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 |
|---|---|---|---|---|
|
LIC MF Money Market Fund
Direct Plan · Growth
|
+6.66% | +6.81% | — | +6.63% |
|
Axis Money Market Fund
Direct Plan · Growth Option
|
+6.63% | +7.46% | +6.81% | +6.47% |
|
Bajaj Finserv Money Market Fund
Direct Plan · Growth
|
+6.54% | +7.38% | — | +7.47% |
|
Mirae Asset Money Market Fund
Direct Plan · Growth
|
+6.49% | +7.41% | +6.66% | +6.55% |
|
JioBlackRock Money Market Fund
Direct Plan · Growth Option
|
+6.47% | — | — | +6.35% |
|
UTI - Money Market Fund
Regular Plan · Discontinued Growth
|
+6.45% | +7.11% | +6.36% | +6.91% |
|
Tata Money Market Fund
Regular Plan · Growth Option
|
+6.40% | +7.26% | +6.63% | +6.96% |
|
ICICI Prudential Money Market Fund - Cash Option
Regular Plan · Growth
|
+6.39% | +7.26% | +6.61% | +7.11% |
|
HDFC Money Market Fund
Regular Plan · Growth Option
|
+6.38% | +7.21% | +6.57% | +7.31% |
|
Nippon India Money Market Fund
Regular Plan · Growth Option
|
+6.37% | +7.26% | +6.67% | +7.37% |
More From Kotak Mahindra Asset Management Company Limited.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Kotak Silver ETF | +38.66% | +46.06% | — | +34.57% |
|
Kotak Silver ETF Fund of Fund
Direct Plan · Growth
|
+35.68% | +44.78% | — | +34.32% |
|
Kotak US Specific Equity Passive FOF
Direct Plan · Growth
|
+34.01% | +33.87% | +21.82% | +21.55% |
|
Kotak Global Emerging Market Overseas Equity Active FOF
Direct Plan · Growth
|
+33.80% | +28.00% | +12.51% | +9.60% |
|
Kotak Global Innovation Overseas Equity Active FOF
Direct Plan · Growth
|
+28.81% | +27.62% | +11.00% | +10.06% |
|
Kotak Healthcare Fund
Direct Plan · Growth Option
|
+24.38% | — | — | +21.35% |
|
Kotak Gold Fund
Direct Plan · Growth
|
+21.03% | +35.79% | +24.52% | +10.98% |
| KOTAK GOLD ETF | +20.93% | +36.16% | +24.85% | +14.76% |
|
Kotak MNC Fund
Direct Plan · Growth
|
+16.26% | — | — | +11.67% |
|
Kotak Special Opportunities Fund
Direct Plan · Growth
|
+15.76% | — | — | +6.39% |
About This Scheme
Investment Objective
The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year. There is no assurance that the investment objective of the Scheme will be realised.
Stated Asset Allocation
Money Market Instruments having maturity upto 1 year - 0-100% - Low
Exit Load
Nil
Fund Managers
FM 1 Mr. Deepak Agrawal, FM2 Mr. Manu Sharma
FM 1 Primary, FM 2 Primary
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Kotak Mahindra Asset Management Company Limited. website
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.