Kotak Floating Rate Fund Direct - Growth

Q: What are the returns of Kotak Floating Rate Fund?

The Kotak Floating Rate Fund is a 6 yrs 2 m old fund and has delivered average annual returns of 7.44% since inception. Kotak Floating Rate Fund Returns 1-Year 3-Year 5-Year Since Inception 9.64% 8.34% 6.83% 7.44%

NAV as of Jul 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1560.7026+0.05% 1 day change	7.44% p.a.	#NA View Ranked Funds	₹3,312 Cr

Historical NAV & returns

NAV: ₹1560.7026 as on Jul 21, 2025

This fund Category average

Kotak Floating Rate Fund overview

Expense ratio	0.25% as on May 31, 2025
Exit load	0%
AUM (Fund size)	₹3,312 Cr
Lock-in Period	Nil
Age	6 yrs 2 m since May 09, 2019
Benchmark	NIFTY SD Debt Index A-II
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Kotak Floating Rate Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 09, 2025

Period	This fund	Category average
1 Month	0.58%	0.58%
3 Months	2.22%	1.87%
6 Months	5.23%	5.01%
1 Year	9.64%	9.32%
2 Years	8.84%	8.69%
3 Years	8.34%	8.27%
4 Years	7.04%	6.99%
5 Years	6.83%	6.75%

Asset allocationas on May 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 47.85%

SOV 33.59%

AA+ 14.25%

Cash & Call Money 3.1%

Top Debt Holdings

GOI 30.59%

Muthoot Finance Ltd. 8.07%

National Bank For Agriculture & Rural Development 6.8%

Pipeline Infrastructure (India) Pvt. Ltd. 5.59%

Allocation by Instruments

Debenture 30.76%

GOI Securities 30.59%

Bonds 18.400000000000002%

Bonds/Debentures 4.63%

Other Holdings

Others 0.21%

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Floating Rate Fund	N.A.	3,312 Cr	6 yrs 2 m	0.25%
Franklin India Floating Rate Fund	N.A.	323 Cr	12 yrs 6 m	0.23%
UTI Floater Fund	N.A.	1,031 Cr	6 yrs 9 m	0.41%
Aditya Birla Sun Life Floating Rate Fund	N.A.	13,438 Cr	12 yrs 6 m	0.22%
HDFC Floating Rate Debt Fund	N.A.	15,221 Cr	12 yrs 6 m	0.26%
ICICI Prudential Floating Interest Fund	N.A.	7,429 Cr	12 yrs 6 m	0.55%

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Floating Rate Fund	0.58%	5.23%	9.64%	8.34%	6.83%	N.A.
Franklin India Floating Rate Fund	0.6%	5.63%	10.08%	8.84%	6.98%	7.07%
UTI Floater Fund	0.58%	4.49%	8.22%	7.49%	6.06%	4.65%
Aditya Birla Sun Life Floating Rate Fund	0.57%	4.64%	8.67%	7.95%	6.53%	7.61%
HDFC Floating Rate Debt Fund	0.6%	4.93%	9.16%	8.39%	6.94%	7.63%
ICICI Prudential Floating Interest Fund	0.53%	4.75%	9.01%	8.87%	7.22%	8.02%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Floating Rate Fund	0.68	1.21	2.54	5.06
Franklin India Floating Rate Fund	0.81	1.64	2.61	6.56
UTI Floater Fund	0.54	1.18	1.61	3.09
Aditya Birla Sun Life Floating Rate Fund	0.45	0.99	2.95	6.72
HDFC Floating Rate Debt Fund	0.6	0.9	2.94	6.11
ICICI Prudential Floating Interest Fund	0.82	0.1	2.73	5.04

View all Floater funds

Key risk & return ratios Compared to other funds in the category

Alpha	3.99 vs. 4.67 Underperformed at beating benchmark
Sharpe	2.54 vs. 5.58 Poor risk-adjusted returns
Beta	1.21 vs. 3.01 Less sensitive to market ups & downs
Standard deviation	0.68 vs. 0.85 More stable returns

Compare Kotak Floating Rate Fund in detail with

About this fund

About Kotak Floating Rate Fund

Kotak Floating Rate Fund Direct - Growth is a Floater mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 6 yrs 2 m, having been launched on 09/05/2019. Kotak Floating Rate Fund Direct - Growth has ₹3,312 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Floating Rate Fund Direct - Growth as of 21/07/2025 is ₹1560.70. The fund has an expense ratio of 0.25%, which is close to what most other Floater funds charge.

Kotak Floating Rate Fund Direct - Growth returns of last 1-year are 9.66%. Since launch, it has delivered 7.45% average annual returns.
Kotak Floating Rate Fund Direct - Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, Muthoot Finance Ltd., National Bank For Agriculture & Rural Development, Pipeline Infrastructure (India) Pvt. Ltd., Mankind Pharma Ltd..

...

Fund AUM	3,312 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Deepak Agrawal

Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA. He has been associated with Kotak AMC since 2002.

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.

Investment objective

The scheme seeks to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.

Kotak Mahindra Mutual Fund details

No. of schemes	75 view all schemes
Total AUM	5,26,213 Cr as on Jun 30, 2025
Address	The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla Complex Bandra (E) Mumbai, 400051
Phone	022-61152100 / 1800-22-2626

More funds from Kotak Mahindra Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
Kotak Nifty SDL Apr 2032 Top 12 Equal Weight Index Fund	N.A.	3,072 Cr	10.43%	9.25%
Kotak Medium Term Fund	N.A.	1,912 Cr	10.71%	8.84%
Kotak Gilt Investment Fund	N.A.	3,868 Cr	8.23%	8.82%
Kotak Bond Fund	N.A.	2,131 Cr	9.34%	8.81%
Kotak Dynamic Bond Fund	N.A.	2,883 Cr	9.45%	8.81%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Floating Rate Fund?

The current Net Asset Value (NAV) of the Kotak Floating Rate Fund - Direct Growth plan is approximately ₹1560.7026 as of Jul 21, 2025.

What are the returns of this mutual fund scheme?

The Kotak Floating Rate Fund is a 6 yrs 2 m old fund and has delivered average annual returns of 7.44% since inception.

Kotak Floating Rate Fund Returns

1-Year	3-Year	5-Year	Since Inception
9.64%	8.34%	6.83%	7.44%

How much does this mutual fund charge as expense ratio?

The Kotak Floating Rate Fund - Direct Growth has an expense ratio of 0.25%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The Kotak Floating Rate Fund currently has assets under management (AUM) or fund size valued at approximately 3,312 Cr as on May 31, 2025.

To whom does Kotak Floating Rate Fund lend to?

The top 3 debt holdings of Kotak Floating Rate Fund are as follows

Holding Name	Percentage of Portfolio
GOI	30.59%
Muthoot Finance Ltd.	8.07%
National Bank For Agriculture & Rural Development	6.8%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The Kotak Floating Rate Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	47.85%
SOV	33.59%
AA+	14.25%

What is risk level of Kotak Floating Rate Fund?

This is a Floater fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in Kotak Floating Rate Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for Kotak Floating Rate Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in Kotak Floating Rate Fund is complete.

How can I redeem my investments in Kotak Floating Rate Fund?

Redeeming your investments in Kotak Floating Rate Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in Kotak Floating Rate Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Floater

#NA

Return Outperformance: This fund has generated highest return amongst Floater funds in the last 5 Years.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.