Kotak Savings Fund

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

The Kotak Savings Fund is a 21 yrs 6 m old fund and has delivered average annual returns of 7.17% since inception. Kotak Savings Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.56% 6.88% 5.74% 6.42% 7.17%

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

The Kotak Savings Fund has an expense ratio of 0.82% , 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)
₹44.3138+0.04% 1 day change	7.17% p.a.	App exclusive #NA View Ranked Funds	₹14,243 Cr

Historical NAV & returns

NAV: ₹44.3138 as on Feb 02, 2026

This fund Category average

Kotak Savings Fund overview

AUM (Fund size)	₹14,243 Cr
Exit load	0%
Lock-in Period	Nil
Age	21 yrs 6 m since Aug 02, 2004
Benchmark	NIFTY Ultra Short Duration Debt Index A-I
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.82% 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 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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.29%	0.28%
3 Months	1.23%	1.09%
6 Months	2.63%	2.51%
1 Year	6.56%	6.36%
2 Years	6.86%	6.76%
3 Years	6.88%	6.79%
4 Years	6.34%	6.25%
5 Years	5.74%	5.67%
7 Years	5.95%	5.86%
10 Years	6.42%	6.84%

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+ 49.82%

AAA 33.88%

SOV 17.94%

AA 7.39%

Top Debt Holdings

Reserve Bank of India 12.33%

National Bank For Agriculture & Rural Development 8.13%

Bank Of Baroda 7.31%

Bajaj Housing Finance Ltd. 4.87%

Allocation by Instruments

Certificate of Deposit 31.430000000000014%

Debenture 26.849999999999998%

Commercial Paper 18.39%

Treasury Bills 12.330000000000002%

Other Holdings

Others 0.32%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
Kotak Savings Fund	0.29%	2.63%	6.56%	6.88%	5.74%	6.42%
Mirae Asset Ultra Short Duration Fund	0.25%	2.75%	6.81%	7.22%	6.03%	3.07%
ICICI Prudential Ultra Short Term Fund	0.28%	2.74%	6.8%	7.07%	6.02%	6.89%
Mahindra Manulife Ultra Short Duration Fund	0.25%	2.57%	6.46%	6.9%	5.75%	3.57%
WhiteOak Capital Ultra Short Duration Fund	0.2%	2.35%	6.02%	6.44%	5.5%	3.43%
Baroda BNP Paribas Ultra Short Duration Fund	0.25%	2.65%	6.65%	7.12%	6.07%	4.77%

Fund name	Std. deviation	Beta	Sharpe	Sortino
Kotak Savings Fund	0.31	0.42	1.69	2.59
Mirae Asset Ultra Short Duration Fund	0.32	0.49	2.67	3.21
ICICI Prudential Ultra Short Term Fund	0.31	0.45	2.24	3.18
Mahindra Manulife Ultra Short Duration Fund	0.31	0.47	1.76	2.07
WhiteOak Capital Ultra Short Duration Fund	0.31	0.48	0.34	0.4
Baroda BNP Paribas Ultra Short Duration Fund	0.33	0.49	2.32	2.9

Fund name	ETM Rank	AUM	Fund age	Expense ratio
Kotak Savings Fund	N.A.	14,243 Cr	21 yrs 6 m	0.82%
Mirae Asset Ultra Short Duration Fund	N.A.	2,067 Cr	5 yrs 4 m	0.46%
ICICI Prudential Ultra Short Term Fund	N.A.	16,907 Cr	14 yrs 9 m	0.79%
Mahindra Manulife Ultra Short Duration Fund	N.A.	219 Cr	6 yrs 3 m	0.7%
WhiteOak Capital Ultra Short Duration Fund	N.A.	574 Cr	6 yrs 8 m	1.02%
Baroda BNP Paribas Ultra Short Duration Fund	N.A.	765 Cr	7 yrs 8 m	0.49%

View all Ultra Short Duration funds

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

Alpha	1.32 vs. 2.31 Underperformed at beating benchmark
Sharpe	1.69 vs. 2.34 Poor risk-adjusted returns
Beta	0.42 vs. 1.0 Less sensitive to market ups & downs
Standard deviation	0.31 vs. 0.25 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 6 m, having been launched on 02/08/2004. Kotak Savings Fund has ₹14,243 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 Savings Fund as of 02/02/2026 is ₹44.31. The fund has an expense ratio of 0.82%, which is higher than what most other Ultra Short Duration funds charge.

Kotak Savings Fund returns of last 1-year are 6.58%. Since launch, it has delivered 7.17% 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 above 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, National Bank For Agriculture & Rural Development, Bank Of Baroda, Bajaj Housing Finance Ltd., Canara Bank.

...

Fund AUM	14,243 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 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	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 Savings Fund?

The current Net Asset Value (NAV) of the Kotak Savings Fund plan is approximately ₹44.3138 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The Kotak Savings Fund is a 21 yrs 6 m old fund and has delivered average annual returns of 7.17% since inception.

Kotak Savings Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.56%	6.88%	5.74%	6.42%	7.17%

How much does this mutual fund charge as expense ratio?

The Kotak Savings Fund has an expense ratio of 0.82%, 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 14,243 Cr as on Dec 31, 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
Reserve Bank of India	12.33%
National Bank For Agriculture & Rural Development	8.13%
Bank Of Baroda	7.31%

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+	49.82%
AAA	33.88%
SOV	17.94%

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 7.06% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.