Fund Performance
Lumpsum
SIP
5.20
as on 08 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,641 today.
NAV Performance
Fund Information
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₹ 3,992.283
as on 08 Dec 2023 -
Regular - Growth
-
8 / 20
-
₹ 5,000
-
₹ 14,730 Cr.
as on 31 May 2023 -
0.36%
-
14 Jul 2003
-
CRISIL 10 Year Gilt Index
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Kotak Mahindra Mutual Fund
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Highlights of this fund
Kotak Money Market Scheme is an Open-ended Debt Fund. The fund belongs to Money Market Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 14 Jul 2003. This fund is offered by one of the top AMC (Assets Management Company) Kotak Mahindra Mutual Fund. You can also view here all other Debt funds offered by Kotak Mahindra Mutual Fund.
Latest NAV of the fund is ₹ 3,992.283 as on 08 Dec 2023.
This fund has 20 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.36%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year.
List of Fund Managers of Kotak Money Market Scheme
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About Vihag Mishra
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About Manu Sharma
Mr. Sharma has done M.Com and CA. He has over 17 years of experience in fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation.
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About Deepak Agrawal
Mr. Deepak Agrawal's career started from Kotak AMC when he joined the organisation in December 2002. He was initially in Research, Dealing and eventually moved into Fund Management from November 2006.He holds a Post Graduate Degree in Commerce from Mumbai University, and is a qualified chartered account and a company secretary. He has also cleared AIMR CFA Level I.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Moderate Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.15% | 0.57% | 1.73% | 3.53% | 7.45% | 6.06% | 6.26% | 6.67% | 8.46% | 7.36% | 6.82% | 6.11% | 6.47% | 6.51% |
| Category Average | 0.13% | 0.52% | 1.59% | 3.25% | 6.97% | 5.68% | 5.01% | 5.81% | 6.88% | 7.04% | 6.48% | 5.76% | 5.57% | 6.14% |
| Kotak Money Market Scheme | 0.13%₹ 10,012 | 0.57%₹ 10,056 | 1.68%₹ 10,168 | 3.44%₹ 10,344 | 7.31%₹ 10,731 | 7.23%₹ 12,464 | 5.97%₹ 11,230 | 6.71%₹ 25,696 | 5.20%₹ 11,641 | 6.02%₹ 39,442 | 5.92%₹ 13,338 | 5.65%₹ 69,213 | 6.91%₹ 19,522 | 6.31%₹ 1,65,960 |
| UTI Money Market Fund | 0.14%₹ 10,013 | 0.55%₹ 10,054 | 1.72%₹ 10,172 | 3.53%₹ 10,353 | 7.45%₹ 10,745 | 7.36%₹ 12,473 | 6.06%₹ 11,249 | 6.82%₹ 25,725 | 5.29%₹ 11,671 | 6.11%₹ 39,496 | 6.03%₹ 13,408 | 5.77%₹ 69,416 | 6.97%₹ 19,616 | 6.40%₹ 1,66,704 |
| Nippon India Money Market Fund | 0.13%₹ 10,012 | 0.57%₹ 10,056 | 1.71%₹ 10,171 | 3.48%₹ 10,348 | 7.39%₹ 10,739 | 7.28%₹ 12,468 | 6.06%₹ 11,248 | 6.79%₹ 25,716 | 5.30%₹ 11,675 | 6.10%₹ 39,490 | 6.06%₹ 13,423 | 5.77%₹ 69,421 | 6.97%₹ 19,623 | 6.41%₹ 1,66,804 |
| Aditya Birla Sun Life Money Manager Fund | 0.13%₹ 10,013 | 0.56%₹ 10,055 | 1.71%₹ 10,171 | 3.49%₹ 10,348 | 7.45%₹ 10,744 | 7.34%₹ 12,471 | 6.02%₹ 11,240 | 6.80%₹ 25,720 | 5.29%₹ 11,671 | 6.09%₹ 39,488 | 6.17%₹ 13,494 | 5.84%₹ 69,543 | 7.07%₹ 19,814 | 6.51%₹ 1,67,670 |
| SBI Savings Fund | 0.13%₹ 10,012 | 0.52%₹ 10,052 | 1.58%₹ 10,157 | 3.23%₹ 10,322 | 6.91%₹ 10,690 | 6.79%₹ 12,436 | 5.48%₹ 11,126 | 6.26%₹ 25,580 | 4.76%₹ 11,498 | 5.56%₹ 39,171 | 5.59%₹ 13,132 | 5.27%₹ 68,563 | 6.69%₹ 19,115 | 6.00%₹ 1,63,292 |
| ICICI Prudential Money Market Fund | 0.14%₹ 10,013 | 0.55%₹ 10,055 | 1.68%₹ 10,168 | 3.46%₹ 10,345 | 7.37%₹ 10,737 | 7.27%₹ 12,467 | 5.92%₹ 11,219 | 6.72%₹ 25,700 | 5.18%₹ 11,634 | 6.00%₹ 39,433 | 5.99%₹ 13,378 | 5.70%₹ 69,297 | 6.93%₹ 19,552 | 6.35%₹ 1,66,257 |
Portfolio Holdings
Top Debt Instrument Type holdings of Kotak Money Market Scheme
| Instrument Type | Holding Percentage | Holding Values in Crore |
|---|---|---|
| CD | 45.93% | ₹ 7,415.95 Cr. |
| CP | 34.48% | ₹ 5,572.74 Cr. |
| T-Bills | 20.38% | ₹ 3,295.22 Cr. |
| Others | -.79% | - |
Top Debt Holdings of Kotak Money Market Scheme
| Name of Debt Instrument | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Bond - T-Bill | 20.38% | ₹ 3,295.22 Cr. |
| Bond - Housing Development Finance Corporation Ltd. | 8.89% | ₹ 1,436.18 Cr. |
| Bond - Small Industries Development Bank Of India | 6.74% | ₹ 1,088.41 Cr. |
| Bond - Federal Bank Ltd. | 6.18% | ₹ 998.52 Cr. |
| Bond - Union Bank Of India | 5.92% | ₹ 955.69 Cr. |
| Others | 51.89% |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| Reverse Repo | 0.60% |
| Net Receivables | -1.39% |