GMP IPO Watch
Kotak Ultra Short Term Fund
Direct Plan · Growth · Kotak Mahindra Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.16% | +0.13% | 15 of 27 |
| 1M | +0.44% | +0.24% | 15 of 27 |
| 3M | +1.53% | +1.03% | 13 of 26 |
| 6M | +3.39% | +2.47% | 15 of 26 |
| YTD | +4.97% | +3.33% | 12 of 27 |
| 1Y | +6.48% | +4.36% | 11 of 26 |
| 2Y | +7.03% | +4.84% | 11 of 25 |
| 3Y | +7.21% | +4.85% | 10 of 24 |
| 5Y | +6.62% | +4.43% | 9 of 23 |
| 7Y | +6.25% | +4.08% | 7 of 18 |
| 10Y | +6.69% | +3.94% | 3 of 11 |
| INCEPTION | +7.37% | — | — |
Ranked among: Debt Scheme - Ultra Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.80% | +3.43% | +0.45% | 100% | 41% |
| 6M | +3.62% | +5.63% | +1.71% | 100% | 41% |
| 1Y | +7.36% | +10.68% | +3.59% | 100% | 43% |
| 2Y | +7.29% | +10.12% | +3.94% | 100% | 43% |
| 3Y | +7.17% | +9.63% | +4.87% | 100% | 43% |
| 5Y | +6.98% | +8.71% | +5.92% | 100% | 43% |
| 7Y | +7.00% | +8.53% | +6.26% | 100% | 43% |
| 10Y | +7.08% | +7.43% | +6.69% | 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 · Aug 2026
Asset Allocation
- Equity0.00%
- Debt93.07%
- Cash1.87%
- Other5.06%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Aug 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| AXIS BANK LTD.(^)** | Money Market | 4.31% | — |
| BANK OF BARODA** | Money Market | 3.65% | — |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^) | Debt | 3.61% | — |
| 182TB11227 | SOV | 3.21% | — |
| SDL TN 6.54% 2029 | SOV | 2.79% | — |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 2.22% | — |
| MANKIND PHARMA LTD | Debt | 1.88% | — |
| MUTHOOT FINANCE LTD.(^)** | Debt | 1.87% | — |
| SDL MH 6.9% 2030 | SOV | 1.87% | — |
| Triparty Repo | Reverse Repo / TREPS | 1.87% | — |
| INDUSIND BANK LTD.(^)** | Money Market | 1.84% | — |
| MINDSPACE BUSINESS PARKS REIT(^)** | Money Market | 1.78% | — |
| HDFC BANK LTD.(^)** | Money Market | 1.68% | — |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^) | Money Market | 1.53% | — |
| PUNJAB NATIONAL BANK | Money Market | 1.52% | — |
View all 118 holdings
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 1.52% | — |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^) | Money Market | 1.52% | — |
| HDFC BANK LTD.(^)** | Money Market | 1.52% | — |
| YES BANK LTD.(^)** | Money Market | 1.51% | — |
| PUNJAB NATIONAL BANK(^)** | Money Market | 1.37% | — |
| RKST-7.66%-28-9-28-PTC | Debt | 1.28% | — |
| VEDANTA LTD. | Debt | 1.26% | — |
| TATA PROJECTS LTD.** | Debt | 1.26% | — |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^) | Debt | 1.25% | — |
| POONAWALLA FINCORP LIMITED(^)** | Debt | 1.25% | — |
| TORRENT PHARMACEUTICALS LTD.(^)** | Debt | 1.25% | — |
| BHARTI TELECOM LTD.(^)** | Debt | 1.23% | — |
| 364TB11227 | SOV | 1.22% | — |
| PUNJAB & SIND BANK(^)** | Money Market | 1.21% | — |
| HDFC BANK LTD.(^) | Money Market | 1.21% | — |
| ADANI POWER LTD(^)** | Debt | 1.18% | — |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 1.17% | — |
| Net Current Assets/(Liabilities) | Money Market | 1.15% | — |
| PIRAMAL FINANCE LTD(^)** | Debt | 1.10% | — |
| BANK OF BARODA(^) | Money Market | 1.07% | — |
| HDFC BANK LTD.** | Money Market | 1.07% | — |
| Madhya Pradesh State Govt - 2027 - Madhya Pradesh | SOV | 0.95% | — |
| 360 ONE PRIME LTD.** | Debt | 0.94% | — |
| NUVAMA WEALTH FINANCE LIMITED(^)** | Debt | 0.94% | — |
| THDCL-15-01-27-CP | Money Market | 0.92% | — |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^) | Money Market | 0.91% | — |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 0.91% | — |
| IIFL FINANCE LIMITED(^)** | Money Market | 0.91% | — |
| FEDERAL BANK LTD.(^)** | Money Market | 0.89% | — |
| TORRENT PHARMACEUTICALS LTD.** | Money Market | 0.89% | — |
| MANKIND PHARMA LTD(^)** | Debt | 0.78% | — |
| ICICI HOME FINANCE COMPANY LIMITED** | Debt | 0.78% | — |
| FEDERAL BANK LTD.(^)** | Money Market | 0.76% | — |
| IIFL FINANCE LIMITED(^)** | Money Market | 0.76% | — |
| JUBILANT BEVCO LIMITED ( Axis Trustee Services Limited step up or down 25 bps for every rating chang) (^)** | Debt | 0.70% | — |
| MUTHOOT FINANCE LTD.(^)** | Debt | 0.63% | — |
| EMBASSY OFFICE PARKS REIT** | Debt | 0.63% | — |
| 360 ONE PRIME LTD.** | Debt | 0.63% | — |
| SDL GJ 6.04% 2026 | SOV | 0.63% | — |
| 364 DAYS TREASURY BILL 10/09/2026 | SOV | 0.63% | — |
| Mahindra & Mahindra Financial Services Ltd.** | Debt | 0.62% | — |
| MUTHOOT FINANCE LTD.** | Debt | 0.62% | — |
| MUTHOOT FINANCE LTD.** | Debt | 0.62% | — |
| TATA CAPITAL HOUSING FINANCE LTD.(^)** | Debt | 0.62% | — |
| Power Finance Corporation Ltd.(^)** | Debt | 0.62% | — |
| Bahadur Chand Investments Private Limited** | Money Market | 0.62% | — |
| CANARA BANK | Money Market | 0.61% | — |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 0.61% | — |
| INDUSIND BANK LTD.** | Money Market | 0.61% | — |
| HDFC BANK LTD.** | Money Market | 0.61% | — |
| CANARA BANK(^)** | Money Market | 0.61% | — |
| UNION BANK OF INDIA** | Money Market | 0.61% | — |
| MFL-3-12-26-CP | Money Market | 0.61% | — |
| MUTHOOT FINANCE LTD.** | Money Market | 0.61% | — |
| MUTHOOT FINANCE LTD.** | Money Market | 0.60% | — |
| AXIS SECURITIES LIMITED** | Debt | 0.60% | — |
| BIRLA GROUP HOLDING PRIVATE LIMITED** | Money Market | 0.60% | — |
| Tamil Nadu State Govt - 2026 - Tamil Nadu | SOV | 0.47% | — |
| MUTHOOT FINANCE LTD.** | Debt | 0.46% | — |
| CANARA BANK** | Money Market | 0.46% | — |
| MUTHOOT FINANCE LTD.** | Money Market | 0.45% | — |
| EMBASSY OFFICE PARKS REIT(^)** | Money Market | 0.45% | — |
| CHOLAMANDALAM SECURITIES LIMITED** | Debt | 0.42% | — |
| BHARTI TELECOM LTD.(^)** | Debt | 0.38% | — |
| VEDANTA LTD. ( Axis Trustee Services Ltd.) (^) | Debt | 0.32% | — |
| LGS-9.1%-20-1-28-PTC | Debt | 0.32% | — |
| Central Government - 2028 | SOV | 0.32% | — |
| Karnataka State Govt - 2027 - Karnataka | SOV | 0.32% | — |
| Bihar State Govt - 2027 - Bihar | SOV | 0.32% | — |
| TATA CAPITAL LTD.** | Debt | 0.31% | — |
| TATA CAPITAL HOUSING FINANCE LTD.(^)** | Debt | 0.31% | — |
| GODREJ SEEDS AND GENETICS LTD. ( ) ** | Debt | 0.31% | — |
| GODREJ SEEDS AND GENETICS LTD. ( ) (^)** | Debt | 0.31% | — |
| GODREJ SEEDS AND GENETICS LTD. ( ) (^)** | Debt | 0.31% | — |
| GODREJ SEEDS AND GENETICS LTD. ( ) (^)** | Debt | 0.31% | — |
| LGS9-9.11%-20-8-27-PTC | Debt | 0.31% | — |
| PUNJAB NATIONAL BANK | Money Market | 0.30% | — |
| CANARA BANK** | Money Market | 0.30% | — |
| BANK OF INDIA** | Money Market | 0.30% | — |
| UNION BANK OF INDIA | Money Market | 0.30% | — |
| CANARA BANK | Money Market | 0.30% | — |
| HDFC BANK LTD.** | Money Market | 0.30% | — |
| BANK OF BARODA(^)** | Money Market | 0.30% | — |
| MUTHOOT FINANCE LTD.** | Money Market | 0.30% | — |
| CREDILA FINANCIAL SERVICES PVT LTD(^)** | Money Market | 0.30% | — |
| SBI ALTERNATIVE INVESTMENT FUND | Alternative Investment Fund | 0.30% | — |
| GODREJ SEEDS AND GENETICS LTD. ( ) (^)** | Debt | 0.28% | — |
| 757GUJSDL26 | SOV | 0.28% | — |
| LIC HOUSING FINANCE LTD. | Debt | 0.16% | — |
| GODREJ PROPERTIES LIMITED(^)** | Debt | 0.16% | — |
| GODREJ INDUSTRIES LTD ( ) ** | Debt | 0.16% | — |
| GS17DEC26C | SOV | 0.16% | — |
| TATA CAPITAL HOUSING FINANCE LTD.** | Debt | 0.15% | — |
| BANK OF BARODA | Money Market | 0.15% | — |
| HDFC BANK LTD. | Money Market | 0.15% | — |
| CANARA BANK** | Money Market | 0.15% | — |
| BANK OF BARODA** | Money Market | 0.15% | — |
| UNION BANK OF INDIA** | Money Market | 0.15% | — |
| GODREJ INDUSTRIES LTD ( ) ** | Debt | 0.09% | — |
| 360 ONE PRIME LTD.** | Money Market | 0.06% | — |
| GODREJ FINANCE LTD** | Debt | 0.03% | — |
| HDFC BANK LTD.** | Money Market | 0.03% | — |
| Rajasthan State Govt - 2026 - Rajasthan | SOV | 0.01% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.37 | 0.73 | Low Volatility |
| 3Y | 0.48 | 0.57 | Low Volatility |
| 5Y | 0.54 | 0.63 | 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 | 1.22 | 0.68 | Good Risk Adjusted Returns |
| 3Y | 1.72 | 0.88 | Good Risk Adjusted Returns |
| 5Y | 1.32 | 0.28 | 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 | 2.62 | 2.09 | Good Risk Adjusted Returns |
| 3Y | 4.08 | 2.60 | Good Risk Adjusted Returns |
| 5Y | 2.71 | 0.91 | 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 | 1.25 | 1.17 | Poor Risk Adjusted Returns |
| 3Y | 1.17 | 1.06 | Poor Risk Adjusted Returns |
| 5Y | 1.14 | 1.05 | 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 |
|---|---|---|---|---|
|
Mirae Asset Ultra Short-Term Fund
Direct Plan · Growth
|
+6.70% | +7.43% | +6.73% | +6.23% |
|
Franklin India Ultra Short Term Fund
Direct Plan · Growth
|
+6.49% | — | — | +7.19% |
|
Baroda BNP Paribas Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.40% | +7.04% | +6.51% | +6.33% |
|
HSBC Ultra Short Term Fund
Regular plan · Growth
|
+6.40% | +7.00% | +6.34% | +5.87% |
|
HDFC Ultra Short Term Fund
Direct Plan · Growth Option
|
+6.38% | +7.22% | +6.59% | +6.64% |
|
Aditya Birla Sun Life Ultra Short Term Fund
Regular Plan · GROWTH
|
+6.31% | +7.24% | +6.58% | +7.66% |
|
BANDHAN ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.27% | +6.96% | +6.30% | +6.24% |
|
SBI ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.20% | +6.94% | +6.28% | +7.13% |
|
Nippon India Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.18% | +6.79% | +6.21% | +5.79% |
|
Invesco India Ultra Short Term Fund
Regular Plan · Growth
|
+6.16% | +6.88% | +6.11% | +7.01% |
More From Kotak Mahindra Asset Management Company Limited.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Kotak Silver ETF | +48.01% | +47.44% | — | +34.86% |
|
Kotak Silver ETF Fund of Fund
Direct Plan · Growth
|
+46.66% | +44.81% | — | +34.65% |
|
Kotak Global Emerging Market Overseas Equity Active FOF
Direct Plan · Growth
|
+36.13% | +29.38% | +13.52% | +9.77% |
|
Kotak US Specific Equity Passive FOF
Direct Plan · Growth
|
+34.50% | +34.77% | +22.24% | +21.63% |
|
Kotak Global Innovation Overseas Equity Active FOF
Direct Plan · Growth
|
+30.57% | +28.68% | +11.66% | +10.32% |
|
Kotak Healthcare Fund
Direct Plan · IDCW Option
|
+27.79% | — | — | +22.27% |
| KOTAK GOLD ETF | +23.35% | +36.44% | +24.93% | +14.72% |
|
Kotak Gold Fund
Direct Plan · Growth
|
+22.76% | +35.96% | +24.40% | +10.90% |
|
Kotak MNC Fund
Direct Plan · IDCW Option
|
+18.82% | — | — | +13.19% |
|
Kotak Special Opportunities Fund
Direct Plan · Growth
|
+18.18% | — | — | +7.51% |
About This Scheme
Investment Objective
The investment objective of the Scheme is to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.
Stated Asset Allocation
Debt & Money market instruments including government securities - 0 to 100% - Low to Medium
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.