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

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

1379.733 (0.015%)

NAV on October 15, 2025

Category Fixed income:
Floating Rate

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 2,989 cr

Turnover Ratio 141.12%

Expense Ratio 0.25%

Exit Load -

Returns

1M: 0.79%
1Y: 8.79%
3M: 1.61%
3Y: 8.42%
6M: 4.11%
5Y: 6.81%

Min Investment 100

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ADDITIONAL INFO

Fund Manager Deepak Agrawal (Since over 6 years) Manu Sharma (Since almost 3 years)

ISIN INF174KA1EF3

Fund Family Kotak

Launch Date May 14, 2019

Benchmark Nifty Short Duration Debt TR INR

Avg. Maturity 4.78 years

Yield To Maturity (%) 7.09%

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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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
ICICI Prudential Floating Interest Fund Direct Plan Growth	473.597	8.31%	7,133 cr	0.55%	Below Average
HDFC Floating Rate Debt - Direct Plan - Growth Option	52.068	8.31%	15,446 cr	0.26%	Below Average