Item: Kotak Floating Interest Rates Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl
Rating: 4
Author: Morningstar

Home › Mutual Funds › Kotak Mutual Fund › Kotak Floating Interest Rates Fund Direct Monthly Reinvestment of Income Distribution cum Cap Wdrl

1457.803 (0.021%)

NAV on November 09, 2026

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 3,240 cr

Turnover Ratio 122.75%

Expense Ratio 0.24%

Exit Load -

Returns

1M: Positive return: 0.30%
1Y: Positive return: 5.19%
3M: Positive return: 0.56%
3Y: Positive return: 7.54%
6M: Positive return: 2.66%
5Y: Positive return: 6.70%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Deepak Agrawal (Since over 7 years) Manu Sharma (Since about 4 years)

ISIN INF174KA1EF3

Fund Family Kotak

Launch Date May 14, 2019

Benchmark Nifty Short Duration Debt TR INR

Avg. Maturity 1.74 years

Yield To Maturity (%) 8.06%

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.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

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Top Floating Rate Funds

Name	Latest NAV	Returns 1y	Fund Assets	Expense Ratio	Risk
Axis Floating Interest Rates Fund Direct Growth	₹ 1440.569	6.99%	₹ 149 cr	0.22%	High
ICICI Prudential Floating Interest Rates Fund Direct Plan Growth	₹ 505.040	6.14%	₹ 8,658 cr	0.29%	Below Average
Franklin India Floating Interest Rates Direct Growth	₹ 48.345	5.86%	₹ 256 cr	0.38%	Average
HDFC Floating Interest Rates - Direct Plan - Growth Option	₹ 55.224	5.58%	₹ 15,659 cr	0.27%	Below Average