GMP IPO Watch
Debt Scheme - Ultra Short Duration Fund
Kotak Ultra Short Term Fund
Direct Plan · IDCW Weekly · Kotak Mahindra Mutual Fund
Risk: Moderate Risk
52W Low ₹10.00 20 Jul 2026
52W High ₹10.03 3 Sept 2026
₹10.0199
NAV as of 4 Nov 2026
+0.03% day change
Other Plans of This Fund
ISININF174KA1C43
Scheme Code154513
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹0.01 Cr
Expense Ratio (as of 27 Oct 2026)0.36%
Min. Investment₹5,000
Inception Date7 Oct 2008
BenchmarkNifty Ultra Short Duration Debt Index A-I · -
NFO Period02-Aug-2004 – 10-Aug-2004
Returns
Since Inception
+0.67%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.03% | +0.13% | 10 of 27 |
| 1M | -0.02% | +0.27% | 14 of 27 |
| 3M | +0.06% | +0.94% | 13 of 26 |
| YTD | +0.19% | +3.56% | 12 of 27 |
| INCEPTION | +0.67% | — | — |
Ranked among: Debt Scheme - Ultra Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +0.05% | +0.10% | -0.06% | 82% | 33% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt99.82%
- Cash0.18%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings111
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| AXIS BANK LTD.(^)** | Money Market | 4.53% | +0.22% |
| BANK OF BARODA** | Money Market | 3.84% | +0.19% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)** | Debt | 3.77% | +0.16% |
| 182TB11227 | SOV | 3.37% | +0.16% |
| SDL TN 6.54% 2029 | SOV | 2.91% | +0.12% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^)** | Money Market | 2.34% | +0.12% |
| MANKIND PHARMA LTD** | Debt | 1.97% | +0.09% |
| MUTHOOT FINANCE LTD.(^)** | Debt | 1.95% | +0.08% |
| SDL MH 6.9% 2030 | SOV | 1.94% | +0.07% |
| HDFC BANK LTD.** | Money Market | 1.93% | — |
| MINDSPACE BUSINESS PARKS REIT(^)** | Money Market | 1.87% | +0.09% |
| HDFC BANK LTD.(^)** | Money Market | 1.77% | +0.09% |
| 91TB031226 | SOV | 1.62% | — |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^)** | Money Market | 1.61% | +0.08% |
| PUNJAB NATIONAL BANK** | Money Market | 1.60% | +0.08% |
View all 113 holdings
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 1.60% | +0.08% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^)** | Money Market | 1.60% | +0.08% |
| HDFC BANK LTD.(^)** | Money Market | 1.59% | +0.07% |
| YES BANK LTD.** | Money Market | 1.59% | +0.08% |
| PUNJAB NATIONAL BANK(^)** | Money Market | 1.44% | +0.07% |
| VEDANTA LTD. | Debt | 1.31% | +0.05% |
| TATA PROJECTS LTD.** | Debt | 1.31% | +0.05% |
| POONAWALLA FINCORP LIMITED(^)** | Debt | 1.31% | +0.06% |
| RKST-7.66%-28-9-28-PTC | Debt | 1.31% | +0.03% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^) | Debt | 1.30% | +0.05% |
| TORRENT PHARMACEUTICALS LTD.(^)** | Debt | 1.30% | +0.05% |
| BHARTI TELECOM LTD.(^)** | Debt | 1.28% | +0.05% |
| 364TB11227 | SOV | 1.28% | +0.06% |
| PUNJAB & SIND BANK** | Money Market | 1.27% | +0.06% |
| HDFC BANK LTD.(^)** | Money Market | 1.27% | +0.06% |
| ADANI POWER LTD(^)** | Debt | 1.24% | +0.06% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^)** | Money Market | 1.23% | +0.06% |
| PIRAMAL FINANCE LTD** | Debt | 1.15% | +0.05% |
| BANK OF BARODA(^)** | Money Market | 1.12% | +0.05% |
| HDFC BANK LTD.** | Money Market | 1.12% | +0.05% |
| Madhya Pradesh State Govt - 2027 - Madhya Pradesh(^) | SOV | 0.99% | +0.04% |
| NUVAMA WEALTH FINANCE LIMITED(^)** | Debt | 0.98% | +0.04% |
| 360 ONE PRIME LTD.(^)** | Debt | 0.98% | +0.04% |
| THDCL-15-01-27-CP | Money Market | 0.96% | +0.04% |
| IIFL FINANCE LIMITED(^)** | Money Market | 0.96% | +0.05% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT** | Money Market | 0.95% | +0.04% |
| FEDERAL BANK LTD.(^)** | Money Market | 0.94% | +0.05% |
| ICICI HOME FINANCE COMPANY LIMITED** | Debt | 0.82% | +0.04% |
| MANKIND PHARMA LTD(^)** | Debt | 0.82% | +0.04% |
| FEDERAL BANK LTD.(^)** | Money Market | 0.80% | +0.04% |
| IIFL FINANCE LIMITED(^)** | Money Market | 0.80% | +0.04% |
| JUBILANT BEVCO LIMITED ( Axis Trustee Services Limited step up or down 25 bps for every rating chang) (^) | Debt | 0.74% | +0.04% |
| MUTHOOT FINANCE LTD.(^)** | Debt | 0.66% | +0.03% |
| VEDANTA LTD.** | Debt | 0.66% | — |
| MUTHOOT FINANCE LTD.** | Debt | 0.66% | +0.04% |
| EMBASSY OFFICE PARKS REIT** | Debt | 0.66% | +0.03% |
| Mahindra & Mahindra Financial Services Ltd.** | Debt | 0.66% | +0.04% |
| SDL GJ 6.04% 2026 | SOV | 0.66% | +0.03% |
| MUTHOOT FINANCE LTD.** | Debt | 0.65% | +0.03% |
| 360 ONE PRIME LTD.(^)** | Debt | 0.65% | +0.02% |
| Power Finance Corporation Ltd.(^)** | Debt | 0.65% | +0.03% |
| TATA CAPITAL HOUSING FINANCE LTD.(^)** | Debt | 0.65% | +0.03% |
| Bahadur Chand Investments Private Limited** | Money Market | 0.65% | +0.03% |
| MFL-3-12-26-CP | Money Market | 0.65% | +0.04% |
| CANARA BANK** | Money Market | 0.64% | +0.03% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA** | Money Market | 0.64% | +0.03% |
| INDUSIND BANK LTD.** | Money Market | 0.64% | +0.03% |
| HDFC BANK LTD.** | Money Market | 0.64% | +0.03% |
| UNION BANK OF INDIA** | Money Market | 0.64% | +0.03% |
| CANARA BANK(^) | Money Market | 0.64% | +0.03% |
| MUTHOOT FINANCE LTD.** | Money Market | 0.64% | +0.03% |
| MUTHOOT FINANCE LTD.** | Money Market | 0.63% | +0.03% |
| AXIS SECURITIES LIMITED** | Debt | 0.63% | +0.03% |
| BIRLA GROUP HOLDING PRIVATE LIMITED** | Money Market | 0.63% | +0.03% |
| Tamil Nadu State Govt - 2026 - Tamil Nadu | SOV | 0.49% | +0.02% |
| MUTHOOT FINANCE LTD. | Debt | 0.48% | +0.02% |
| CANARA BANK | Money Market | 0.48% | +0.02% |
| MUTHOOT FINANCE LTD.** | Money Market | 0.48% | +0.03% |
| EMBASSY OFFICE PARKS REIT** | Money Market | 0.48% | +0.03% |
| CHOLAMANDALAM SECURITIES LIMITED** | Debt | 0.44% | +0.02% |
| BHARTI TELECOM LTD.(^)** | Debt | 0.39% | +0.01% |
| VEDANTA LTD. ( Axis Trustee Services Ltd.) ** | Debt | 0.33% | +0.01% |
| TATA CAPITAL LTD.** | Debt | 0.33% | +0.02% |
| TATA CAPITAL HOUSING FINANCE LTD.(^)** | Debt | 0.33% | +0.02% |
| Central Government - 2028 | SOV | 0.33% | +0.01% |
| Karnataka State Govt - 2027 - Karnataka | SOV | 0.33% | +0.01% |
| Bihar State Govt - 2027 - Bihar | SOV | 0.33% | +0.01% |
| GODREJ SEEDS AND GENETICS LTD. ( ) (^)** | Debt | 0.32% | +0.01% |
| GODREJ SEEDS AND GENETICS LTD. ( ) ** | Debt | 0.32% | +0.01% |
| GODREJ SEEDS AND GENETICS LTD. ( ) (^)** | Debt | 0.32% | +0.01% |
| GODREJ SEEDS AND GENETICS LTD. ( ) (^)** | Debt | 0.32% | +0.01% |
| LGS-9.1%-20-1-28-PTC | Debt | 0.32% | +0.00% |
| PUNJAB NATIONAL BANK | Money Market | 0.32% | +0.02% |
| CANARA BANK** | Money Market | 0.32% | +0.02% |
| BANK OF INDIA** | Money Market | 0.32% | +0.02% |
| UNION BANK OF INDIA** | Money Market | 0.32% | +0.02% |
| CANARA BANK | Money Market | 0.32% | +0.02% |
| HDFC BANK LTD. | Money Market | 0.32% | +0.02% |
| BANK OF BARODA | Money Market | 0.32% | +0.02% |
| MUTHOOT FINANCE LTD.** | Money Market | 0.32% | +0.02% |
| CREDILA FINANCIAL SERVICES PVT LTD(^)** | Money Market | 0.32% | +0.02% |
| SBI ALTERNATIVE INVESTMENT FUND | Alternative Investment Fund | 0.31% | +0.01% |
| LGS9-9.11%-20-8-27-PTC | Debt | 0.30% | -0.01% |
| 757GUJSDL26 | SOV | 0.30% | +0.02% |
| GODREJ SEEDS AND GENETICS LTD. ( ) (^)** | Debt | 0.29% | +0.01% |
| Triparty Repo | Reverse Repo / TREPS | 0.18% | — |
| LIC HOUSING FINANCE LTD.** | Debt | 0.17% | +0.01% |
| GODREJ PROPERTIES LIMITED(^)** | Debt | 0.16% | +0.00% |
| GODREJ INDUSTRIES LTD ( ) ** | Debt | 0.16% | +0.00% |
| GS17DEC26C | SOV | 0.16% | +0.00% |
| CANARA BANK** | Money Market | 0.16% | +0.01% |
| BANK OF BARODA** | Money Market | 0.16% | +0.01% |
| UNION BANK OF INDIA | Money Market | 0.16% | +0.01% |
| GODREJ INDUSTRIES LTD ( ) ** | Debt | 0.10% | +0.01% |
| 360 ONE PRIME LTD.** | Money Market | 0.06% | +0.00% |
| GODREJ FINANCE LTD** | Debt | 0.03% | +0.00% |
| HDFC BANK LTD.** | Money Market | 0.03% | +0.00% |
| Net Current Assets/(Liabilities) | Money Market | -1.04% | — |
Risk Metrics
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 3Y | -19.22 | -8.30 | Below Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Mirae Asset Ultra Short-Term Fund
Direct Plan · Growth
|
+6.55% | +7.35% | +6.75% | +6.20% |
|
Franklin India Ultra Short Term Fund
Direct Plan · Growth
|
+6.31% | — | — | +7.07% |
|
Baroda BNP Paribas Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.24% | +6.95% | +6.51% | +6.30% |
|
HSBC Ultra Short Term Fund
Regular plan · Growth
|
+6.22% | +6.91% | +6.35% | +5.84% |
|
HDFC Ultra Short Term Fund
Direct Plan · Growth Option
|
+6.17% | +7.14% | +6.60% | +6.61% |
|
BANDHAN ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.13% | +6.88% | +6.31% | +6.22% |
|
Aditya Birla Sun Life Ultra Short Term Fund
Regular Plan · GROWTH
|
+6.12% | +7.16% | +6.59% | +7.65% |
|
SBI ULTRA SHORT TERM FUND
Regular Plan · Growth
|
+6.10% | +6.88% | +6.31% | +7.12% |
|
Nippon India Ultra Short Term Fund
Regular Plan · Growth Option
|
+6.04% | +6.72% | +6.21% | +5.77% |
|
Invesco India Ultra Short Term Fund
Regular Plan · Growth
|
+6.01% | +6.81% | +6.13% | +6.99% |
More From Kotak Mahindra Asset Management Company Limited.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
| Kotak Silver ETF | +26.35% | +36.48% | — | +28.03% |
|
Kotak Gold Silver Passive FOF
Direct Plan · Growth
|
+26.30% | — | — | +26.30% |
|
Kotak Silver ETF Fund of Fund
Direct Plan · Growth
|
+26.06% | +35.79% | — | +27.27% |
|
Kotak Healthcare Fund
Direct Plan · Growth Option
|
+25.53% | — | — | +22.05% |
| KOTAK GOLD ETF | +16.90% | +31.05% | +23.29% | +14.39% |
|
Kotak Gold Fund
Direct Plan · Growth
|
+16.87% | +30.79% | +22.87% | +10.50% |
|
Kotak US Specific Equity Passive FOF
Direct Plan · Growth
|
+15.91% | +28.49% | +17.63% | +18.98% |
|
Kotak Global Emerging Market Overseas Equity Active FOF
Direct Plan · Growth
|
+15.41% | +21.87% | +9.60% | +8.54% |
|
Kotak MNC Fund
Direct Plan · Growth
|
+12.74% | — | — | +10.47% |
|
Kotak Manufacture in India Fund
Direct Plan · IDCW Option
|
+12.20% | +20.58% | — | +19.90% |
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
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.