Kotak Savings Fund

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

The Kotak Savings Fund is a 21 yrs 2 m old fund and has delivered average annual returns of 7.2% since inception. Kotak Savings Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.98% 7.0% 5.61% 6.46% 7.2%

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

The Kotak Savings Fund has an expense ratio of 0.83% , 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 Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹43.6816+0.04% 1 day change	7.2% p.a.	App exclusive #NA View Ranked Funds	₹15,340 Cr

Historical NAV & returns

NAV: ₹43.6816 as on Oct 20, 2025

This fund Category average

Kotak Savings Fund overview

AUM (Fund size)	₹15,340 Cr
Exit load	0%
Lock-in Period	Nil
Age	21 yrs 2 m since Aug 02, 2004
Benchmark	NIFTY Ultra Short Duration Debt Index A-I
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.83% as on Sep 30, 2025
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 Savings 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 Oct 25, 2025

Period	This fund	Category average
1 Month	0.49%	0.47%
3 Months	1.35%	1.36%
6 Months	3.11%	3.07%
1 Year	6.98%	6.88%
2 Years	7.07%	6.98%
3 Years	7.0%	6.87%
4 Years	6.2%	6.07%
5 Years	5.61%	5.57%
7 Years	6.11%	5.85%
10 Years	6.46%	6.09%

Asset allocationas on Sep 30, 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+ 42.87%

AAA 32.45%

SOV 14.2%

AA 5.92%

Top Debt Holdings

National Bank For Agriculture & Rural Development 8.71%

Reserve Bank of India 7.71%

Canara Bank 5.25%

Indusind Bank Ltd. 4.81%

Allocation by Instruments

Certificate of Deposit 31.710000000000004%

Debenture 25.970000000000002%

Commercial Paper 11.160000000000002%

Non Convertible Debenture 10.030000000000001%

Other Holdings

Others 0.29%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Savings Fund	0.49%	3.11%	6.98%	7.0%	5.61%	6.46%
ICICI Prudential Ultra Short Term Fund	0.5%	3.3%	7.26%	7.2%	5.93%	6.92%
Mahindra Manulife Ultra Short Duration Fund	0.47%	3.11%	7.0%	7.05%	5.63%	3.43%
WhiteOak Capital Ultra Short Duration Fund	0.43%	2.89%	6.57%	6.59%	5.38%	3.31%
HDFC Ultra Short Term Fund	0.5%	3.19%	7.14%	7.16%	5.78%	4.45%
HSBC Ultra Short Duration Fund	0.49%	3.17%	7.14%	7.17%	5.76%	3.27%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Savings Fund	0.28	0.65	1.63	3.19
ICICI Prudential Ultra Short Term Fund	0.27	0.65	2.4	4.46
Mahindra Manulife Ultra Short Duration Fund	0.24	0.57	2.18	3.83
WhiteOak Capital Ultra Short Duration Fund	0.24	0.58	0.38	0.64
HDFC Ultra Short Term Fund	0.26	0.65	2.32	4.32
HSBC Ultra Short Duration Fund	0.26	0.64	2.47	4.16

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Savings Fund	N.A.	15,340 Cr	21 yrs 2 m	0.83%
ICICI Prudential Ultra Short Term Fund	N.A.	14,697 Cr	14 yrs 6 m	0.8%
Mahindra Manulife Ultra Short Duration Fund	N.A.	208 Cr	6 yrs	0.7%
WhiteOak Capital Ultra Short Duration Fund	N.A.	531 Cr	6 yrs 5 m	1.03%
HDFC Ultra Short Term Fund	N.A.	16,700 Cr	7 yrs 1 m	0.7%
HSBC Ultra Short Duration Fund	N.A.	2,496 Cr	5 yrs 9 m	0.35%

View all Ultra Short Duration funds

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

Alpha	1.63 vs. 2.47 Underperformed at beating benchmark
Sharpe	1.63 vs. 2.73 Poor risk-adjusted returns
Beta	0.65 vs. 0.96 Less sensitive to market ups & downs
Standard deviation	0.28 vs. 0.2 More volatile performance

Compare Kotak Savings Fund in detail with

About this fund

About Kotak Savings Fund

Kotak Savings Fund is a Ultra Short Duration mutual fund scheme from Kotak Mahindra Mutual Fund. This fund has been in existence for 21 yrs 2 m, having been launched on 02/08/2004. Kotak Savings Fund has ₹15,340 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of Kotak Savings Fund as of 20/10/2025 is ₹43.68. The fund has an expense ratio of 0.83%, which is higher than what most other Ultra Short Duration funds charge.

Kotak Savings Fund returns of last 1-year are 7.03%. Since launch, it has delivered 7.20% average annual returns. The fund has doubled the money invested in it every 11 yrs.
Kotak Savings 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 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 National Bank For Agriculture & Rural Development, Reserve Bank of India, Canara Bank, Indusind Bank Ltd., Bajaj Housing Finance Ltd..

...

Fund AUM	15,340 Cr as on Sep 30, 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 through investment in debt and money market instruments with a view to reduce the interest rate risk.

Kotak Mahindra Mutual Fund details

No. of schemes	83 view all schemes
Total AUM	5,66,982 Cr as on Sep 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.	2,937 Cr	7.27%	8.65%
Kotak FMP Series 304 - 3119 Days	N.A.	117 Cr	8.69%	N.A.
Kotak Medium Term Fund	N.A.	1,837 Cr	8.73%	8.07%
Kotak Nifty SDL Plus AAA PSU Bond Jul 2028 60:40 Index Fund	N.A.	548 Cr	8.18%	7.91%
Kotak Floating Rate Fund	N.A.	2,989 Cr	8.3%	7.9%
Kotak Income Plus Arbitrage Omni FoF	N.A.	6,346 Cr	7.62%	N.A.

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of Kotak Savings Fund?

The current Net Asset Value (NAV) of the Kotak Savings Fund plan is approximately ₹43.6816 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The Kotak Savings Fund is a 21 yrs 2 m old fund and has delivered average annual returns of 7.2% since inception.

Kotak Savings Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.98%	7.0%	5.61%	6.46%	7.2%

How much does this mutual fund charge as expense ratio?

The Kotak Savings Fund has an expense ratio of 0.83%, 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 Savings Fund currently has assets under management (AUM) or fund size valued at approximately 15,340 Cr as on Sep 30, 2025.

To whom does Kotak Savings Fund lend to?

The top 3 debt holdings of Kotak Savings Fund are as follows

Holding Name	Percentage of Portfolio
National Bank For Agriculture & Rural Development	8.71%
Reserve Bank of India	7.71%
Canara Bank	5.25%

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 Savings Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	42.87%
AAA	32.45%
SOV	14.2%

What is risk level of Kotak Savings Fund?

This is a Ultra Short Duration 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 Savings Fund?

Redeeming your investments in the Kotak Savings 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 Ultra Short Duration

#NA

Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 7.14% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.