Kotak Floating Rate Fund

Q: What are the returns of this mutual fund scheme?

The Kotak Floating Rate Fund is a 6 yrs 8 m old fund and has delivered average annual returns of 6.9% since inception. Kotak Floating Rate Fund Returns 1-Year 3-Year 5-Year Since Inception 7.79% 7.8% 6.46% 6.9%

Q: How much does this mutual fund charge as expense ratio?

The Kotak Floating Rate Fund has an expense ratio of 0.63% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹1567.5967+0.02% 1 day change	6.9% p.a.	App exclusive #NA View Ranked Funds	₹3,368 Cr

Historical NAV & returns

NAV: ₹1567.5967 as on Feb 02, 2026

This fund Category average

Kotak Floating Rate Fund overview

AUM (Fund size)	₹3,368 Cr
Exit load	0%
Lock-in Period	Nil
Age	6 yrs 8 m since May 09, 2019
Benchmark	NIFTY SD Debt Index A-II
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.63% as on Feb 01, 2026
Plan type	Regular
Risk	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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.21%	0.13%
3 Months	1.12%	0.79%
6 Months	2.54%	2.05%
1 Year	7.79%	7.0%
2 Years	8.0%	7.5%
3 Years	7.8%	7.46%
4 Years	6.82%	6.7%
5 Years	6.46%	6.14%

Asset allocationas on Dec 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 45.44207556%

SOV 27.56%

A1+ 13.21%

AA 8.48%

Top Debt Holdings

GOI 27.56%

Punjab National Bank 8.81%

Pipeline Infrastructure (India) Pvt. Ltd. 5.45%

Union Bank of India 4.4%

Allocation by Instruments

Debenture 32.592075560000005%

GOI Securities 27.56%

Certificate of Deposit 13.21%

Non Convertible Debenture 7.14%

Other Holdings

Others 1.04%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Floating Rate Fund	0.21%	2.54%	7.79%	7.8%	6.46%	N.A.
HDFC Floating Rate Debt Fund	0.13%	2.39%	7.32%	7.8%	6.53%	7.26%
Aditya Birla Sun Life Floating Rate Fund	0.15%	2.53%	7.19%	7.54%	6.41%	7.22%
UTI Floater Fund	0.14%	2.23%	6.55%	6.83%	5.61%	4.42%
Aditya Birla Sun Life Floating Rate Fund	0.15%	2.53%	7.19%	7.54%	6.41%	7.22%
Franklin India Floating Rate Fund	0.21%	2.04%	7.57%	7.71%	6.17%	6.29%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Floating Rate Fund	0.7	0.79	2.04	3.56
HDFC Floating Rate Debt Fund	0.68	0.84	2.1	2.86
Aditya Birla Sun Life Floating Rate Fund	0.55	0.74	2.1	2.75
UTI Floater Fund	0.64	0.76	0.77	1.01
Aditya Birla Sun Life Floating Rate Fund	0.55	0.74	2.1	2.75
Franklin India Floating Rate Fund	0.99	0.88	1.36	1.76

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Floating Rate Fund	N.A.	3,368 Cr	6 yrs 8 m	0.63%
HDFC Floating Rate Debt Fund	N.A.	16,224 Cr	18 yrs 3 m	0.5%
Aditya Birla Sun Life Floating Rate Fund	N.A.	13,416 Cr	22 yrs 8 m	0.45%
UTI Floater Fund	N.A.	1,580 Cr	7 yrs 3 m	0.87%
Aditya Birla Sun Life Floating Rate Fund	N.A.	13,416 Cr	16 yrs 10 m	0.45%
Franklin India Floating Rate Fund	N.A.	305 Cr	24 yrs 9 m	0.94%

View all Floater funds

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

Alpha	2.9 vs. 3.86 Underperformed at beating benchmark
Sharpe	2.04 vs. 4.58 Poor risk-adjusted returns
Beta	0.79 vs. 1.72 Less sensitive to market ups & downs
Standard deviation	0.7 vs. 0.93 More stable returns

Compare Kotak Floating Rate Fund in detail with

About this fund

About Kotak Floating Rate Fund

Kotak Floating Rate Fund is a Floater mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 6 yrs 8 m, having been launched on 09/05/2019. Kotak Floating Rate Fund has ₹3,368 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Floating Rate Fund as of 02/02/2026 is ₹1567.60. The fund has an expense ratio of 0.63%, which is higher than what most other Floater funds charge.

Kotak Floating Rate Fund returns of last 1-year are 7.85%. Since launch, it has delivered 6.91% average annual returns.
Kotak Floating Rate Fund 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, Punjab National Bank, Pipeline Infrastructure (India) Pvt. Ltd., Union Bank of India, JTPM Metal Traders Ltd..

...

Fund AUM	3,368 Cr as on Dec 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	84 view all schemes
Total AUM	5,88,199 Cr as on Dec 31, 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 FMP Series 304 - 3119 Days	N.A.	119 Cr	6.42%	8.33%
Kotak Medium Term Fund	N.A.	2,015 Cr	8.11%	8.07%
Kotak Income Plus Arbitrage Omni FoF	N.A.	7,870 Cr	6.76%	7.89%
Kotak Credit Risk Fund	N.A.	707 Cr	8.26%	7.65%
Kotak Nifty SDL Jul 2033 Index Fund	N.A.	190 Cr	5.17%	7.62%

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 plan is approximately ₹1567.5967 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Kotak Floating Rate Fund is a 6 yrs 8 m old fund and has delivered average annual returns of 6.9% since inception.

Kotak Floating Rate Fund Returns

1-Year	3-Year	5-Year	Since Inception
7.79%	7.8%	6.46%	6.9%

How much does this mutual fund charge as expense ratio?

The Kotak Floating Rate Fund has an expense ratio of 0.63%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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 3,368 Cr as on Dec 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	27.56%
Punjab National Bank	8.81%
Pipeline Infrastructure (India) Pvt. Ltd.	5.45%

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	45.44207556%
SOV	27.56%
A1+	13.21%

What is risk level of Kotak Floating Rate Fund?

This is a Floater fund comes with Moderate risk.

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

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

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

Redeeming your investments in the Kotak Floating Rate Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

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.