Kotak Money Market Fund

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

The Kotak Money Market Fund is a 22 yrs 7 m old fund and has delivered average annual returns of 7.05% since inception. Kotak Money Market Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.07% 7.38% 6.2% 6.63% 7.05%

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

The Kotak Money Market Fund has an expense ratio of 0.35% , 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)
₹4653.6893+0.05% 1 day change	7.05% p.a.	App exclusive #NA View Ranked Funds	₹32,188 Cr

Historical NAV & returns

NAV: ₹4653.6893 as on Feb 02, 2026

This fund Category average

Kotak Money Market Fund overview

AUM (Fund size)	₹32,188 Cr
Exit load	0%
Lock-in Period	Nil
Age	22 yrs 7 m since Jul 03, 2003
Benchmark	CRISIL Money Market A-I Index
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.35% as on Feb 01, 2026
Plan type	Regular
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

Kotak Money Market 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	0.3%	0.3%
3 Months	1.29%	1.13%
6 Months	2.72%	2.54%
1 Year	7.07%	6.8%
2 Years	7.35%	7.09%
3 Years	7.38%	7.12%
4 Years	6.82%	6.53%
5 Years	6.2%	5.91%
7 Years	6.3%	6.03%
10 Years	6.63%	6.77%

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

A1+ 94.12586754%

SOV 17.08851381%

Others 0.27422396%

Cash & Call Money -11.48860599%

Top Debt Holdings

Reserve Bank of India 15.55%

Bank Of Baroda 11.67%

HDFC Bank Ltd. 10.23%

Axis Bank Ltd. 6.45%

Allocation by Instruments

Certificate of Deposit 62.70014647%

Commercial Paper 29.3059638%

Treasury Bills 15.565804759999999%

Money Market 2.11975727%

Other Holdings

Others 0.27%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Money Market Fund	0.3%	2.72%	7.07%	7.38%	6.2%	6.63%
UTI Money Market Fund	0.3%	2.77%	7.17%	7.46%	6.27%	6.7%
Aditya Birla Sun Life Money Manager Fund	0.24%	2.67%	6.99%	7.41%	6.25%	6.78%
Sundaram Money Market Fund	0.29%	2.71%	7.05%	7.22%	5.98%	4.5%
Nippon India Money Market Fund	0.28%	2.7%	7.1%	7.41%	6.27%	6.7%
Aditya Birla Sun Life Money Manager Fund	0.24%	2.67%	6.99%	7.41%	6.26%	6.78%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Money Market Fund	0.38	0.52	2.63	4.19
UTI Money Market Fund	0.37	0.53	2.85	4.38
Aditya Birla Sun Life Money Manager Fund	0.39	0.59	2.61	3.44
Sundaram Money Market Fund	0.37	0.53	2.25	3.49
Nippon India Money Market Fund	0.39	0.55	2.61	4.03
Aditya Birla Sun Life Money Manager Fund	0.39	0.59	2.61	3.44

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Money Market Fund	N.A.	32,188 Cr	22 yrs 7 m	0.35%
UTI Money Market Fund	N.A.	19,301 Cr	16 yrs 6 m	0.22%
Aditya Birla Sun Life Money Manager Fund	N.A.	27,449 Cr	20 yrs 3 m	0.37%
Sundaram Money Market Fund	N.A.	1,835 Cr	7 yrs 4 m	0.32%
Nippon India Money Market Fund	N.A.	20,190 Cr	20 yrs 7 m	0.38%
Aditya Birla Sun Life Money Manager Fund	N.A.	27,449 Cr	22 yrs 8 m	0.37%

View all Money Market funds

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

Alpha	1.97 vs. 3.16 Underperformed at beating benchmark
Sharpe	2.63 vs. 2.89 Poor risk-adjusted returns
Beta	0.52 vs. 1.71 Less sensitive to market ups & downs
Standard deviation	0.38 vs. 0.31 More volatile performance

Compare Kotak Money Market Fund in detail with

About this fund

About Kotak Money Market Fund

Kotak Money Market Fund is a Money Market mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 22 yrs 7 m, having been launched on 03/07/2003. Kotak Money Market Fund has ₹32,188 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 Money Market Fund as of 02/02/2026 is ₹4653.69. The fund has an expense ratio of 0.35%, which is higher than what most other Money Market funds charge.

Kotak Money Market Fund returns of last 1-year are 7.09%. Since launch, it has delivered 7.05% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Kotak Money Market 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 average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Reserve Bank of India, Bank Of Baroda, HDFC Bank Ltd., Axis Bank Ltd., Punjab National Bank.

...

Fund AUM	32,188 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

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.

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.

Investment objective

The Scheme seeks to generate returns by investing in money market instruments having maturity upto 1 year.

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 Money Market Fund?

The current Net Asset Value (NAV) of the Kotak Money Market Fund plan is approximately ₹4653.6893 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Kotak Money Market Fund is a 22 yrs 7 m old fund and has delivered average annual returns of 7.05% since inception.

Kotak Money Market Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.07%	7.38%	6.2%	6.63%	7.05%

How much does this mutual fund charge as expense ratio?

The Kotak Money Market Fund has an expense ratio of 0.35%, 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 Money Market Fund currently has assets under management (AUM) or fund size valued at approximately 32,188 Cr as on Dec 31, 2025.

To whom does Kotak Money Market Fund lend to?

The top 3 debt holdings of Kotak Money Market Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	15.55%
Bank Of Baroda	11.67%
HDFC Bank Ltd.	10.23%

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 Money Market Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	94.12586754%
SOV	17.08851381%
Others	0.27422396%

What is risk level of Kotak Money Market Fund?

This is a Money Market 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 can I redeem my investments in Kotak Money Market Fund?

Redeeming your investments in the Kotak Money Market 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.