Kotak Gilt Investment Fund

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

The Kotak Gilt Investment Fund is a 27 yrs 1 m old fund and has delivered average annual returns of 8.63% since inception. Kotak Gilt Investment Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 0.94% 5.4% 4.51% 6.88% 8.63%

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

The Kotak Gilt Investment Fund has an expense ratio of 1.48% , 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)
₹94.4763-0.64% 1 day change	8.63% p.a.	App exclusive #NA View Ranked Funds	₹3,263 Cr

Historical NAV & returns

NAV: ₹94.4763 as on Feb 02, 2026

This fund Category average

Kotak Gilt Investment Fund overview

AUM (Fund size)	₹3,263 Cr
Exit load	0%
Lock-in Period	Nil
Age	27 yrs 1 m since Dec 11, 1998
Benchmark	NIFTY All Duration G-Sec Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	1.48% 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 Gilt Investment 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	-0.69%	-0.45%
3 Months	-0.49%	-0.2%
6 Months	-2.05%	-0.9%
1 Year	0.94%	2.85%
2 Years	4.11%	5.33%
3 Years	5.4%	6.1%
4 Years	5.01%	5.56%
5 Years	4.51%	4.94%
7 Years	6.42%	6.51%
10 Years	6.88%	7.0%

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

SOV 85.71003796%

Cash & Call Money 14.28996179%

Top Debt Holdings

GOI 82.85%

Bihar State 1.46%

Tamilnadu State 0.62%

Maharashtra State 0.57%

Allocation by Instruments

GOI Securities 82.82535523%

Central Government Loan 14.10700627%

Repo 12.84967959%

State Development Loan 2.83091392%

Other Holdings

Others 1.44%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Gilt Investment Fund	-0.69%	-2.05%	0.94%	5.4%	4.51%	6.88%
SBI Gilt Fund	0.08%	-0.16%	3.72%	6.64%	5.78%	7.73%
SBI Gilt Fund	0.08%	-0.16%	3.72%	6.64%	5.78%	7.73%
Axis Gilt Fund	-0.3%	-0.07%	4.1%	6.95%	5.35%	7.08%
SBI Gilt Fund	0.08%	-0.14%	3.75%	6.65%	5.78%	7.73%
ICICI Prudential Gilt Fund	-0.25%	0.61%	5.7%	7.47%	6.18%	8.12%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Gilt Investment Fund	3.74	1.0	-0.13	-0.16
SBI Gilt Fund	3.08	0.84	0.2	0.29
SBI Gilt Fund	3.08	0.84	0.2	0.29
Axis Gilt Fund	3.0	0.82	0.3	0.46
SBI Gilt Fund	3.08	0.84	0.2	0.29
ICICI Prudential Gilt Fund	1.91	0.49	0.71	0.83

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Gilt Investment Fund	N.A.	3,263 Cr	27 yrs 1 m	1.48%
SBI Gilt Fund	N.A.	10,817 Cr	25 yrs 1 m	0.96%
SBI Gilt Fund	N.A.	10,817 Cr	22 yrs 2 m	0.96%
Axis Gilt Fund	N.A.	686 Cr	14 yrs	0.82%
SBI Gilt Fund	N.A.	10,817 Cr	22 yrs 2 m	0.96%
ICICI Prudential Gilt Fund	N.A.	9,181 Cr	26 yrs 6 m	1.1%

View all Gilt funds

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

Alpha	-1.98 vs. 1.57 Underperformed at beating benchmark
Sharpe	-0.13 vs. 1.85 Poor risk-adjusted returns
Beta	1.0 vs. 0.43 More sensitive to market's ups & downs
Standard deviation	3.74 vs. 2.74 More volatile performance

Compare Kotak Gilt Investment Fund in detail with

About this fund

About Kotak Gilt Investment Fund

Kotak Gilt Investment Fund is a Gilt mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 27 yrs 1 m, having been launched on 11/12/1998. Kotak Gilt Investment Fund has ₹3,263 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 Gilt Investment Fund as of 02/02/2026 is ₹94.48. The fund has an expense ratio of 1.48%, which is higher than what most other Gilt funds charge.

Kotak Gilt Investment Fund returns of last 1-year are 0.88%. Since launch, it has delivered 8.64% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Kotak Gilt Investment 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 below 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, Bihar State, Tamilnadu State, Maharashtra State, Uttar Pradesh State.

...

Fund AUM	3,263 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Abhishek Bisen

Mr. Bisen is a BA and MBA in Finance. Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.

Investment objective

The scheme seeks to generate risk-free returns through investments in sovereign securities. The savings plan (D) will provide regular dividend payouts. A portion of the fund will be invested in inter bank money market in order to meet the liquidity requirement.

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 Floating Rate Fund	N.A.	3,368 Cr	7.79%	7.8%
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 Gilt Investment Fund?

The current Net Asset Value (NAV) of the Kotak Gilt Investment Fund plan is approximately ₹94.4763 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Kotak Gilt Investment Fund is a 27 yrs 1 m old fund and has delivered average annual returns of 8.63% since inception.

Kotak Gilt Investment Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
0.94%	5.4%	4.51%	6.88%	8.63%

How much does this mutual fund charge as expense ratio?

The Kotak Gilt Investment Fund has an expense ratio of 1.48%, 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 Gilt Investment Fund currently has assets under management (AUM) or fund size valued at approximately 3,263 Cr as on Dec 31, 2025.

To whom does Kotak Gilt Investment Fund lend to?

The top 3 debt holdings of Kotak Gilt Investment Fund are as follows

Holding Name	Percentage of Portfolio
GOI	82.85%
Bihar State	1.46%
Tamilnadu State	0.62%

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 Gilt Investment Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
SOV	85.71003796%
Cash & Call Money	14.28996179%

What is risk level of Kotak Gilt Investment Fund?

This is a Gilt 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 Gilt Investment Fund?

Redeeming your investments in the Kotak Gilt Investment 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 Gilt

#NA

Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 7.03% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.