About Kotak Gilt Fund
Kotak Gilt Fund is a gilt fund managed by Kotak Mahindra Mutual Fund. Invest at least 80% in government securities. No default risk, but prices move with interest rates.
The objective of the Plan is to generate risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government(s) and/or any security unconditionally guaranteed by the Government of India, and/or reverse repos in such securities as and when permitted by RBI. A portion of the fund may be invested in Reverse repo, CBLO and/or other similar instruments as may be notified to meet the day-to-day liquidity requirements of the Plan. To ensure total safety of Unit holders' funds, the Plan does not invest in any other securities such as shares, debentures or bonds issued by any other entity. The Fund will seek to underwrite issuance of Government Securities if and to the extent permitted by SEBI/ RBI and subject to the prevailing rules and regulations specified in this respect and may also participate in their auction from time to time.
The scheme's stated objective, as published by Kotak Mahindra Mutual Fund.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹111.469 | 119759 |
| Direct | Investment Provident Fund and Trust-Growth | ₹114.1702 | 119757 |
| Direct | Payout of Income Distribution cum capital withdrawal option - Direct | ₹24.5289 | 119758 |
| Regular | Growth | ₹96.8736 | 100265 |
| Regular | Investment Provident Fund and Trust-Growth | ₹99.1086 | 100281 |
| Regular | Payout of Income Distribution cum capital withdrawal option | ₹18.9294 | 100264 |
| Regular | Payout of Income Distribution cum capital withdrawal option | ₹11.7247 | 100280 |
Frequently asked questions
What is the NAV of Kotak Gilt Fund today?
The NAV of Kotak Gilt Fund (Direct plan, Growth) is ₹111.469 and the Regular plan NAV is ₹96.8736, as of 13 Nov 2026.
What returns has Kotak Gilt Fund given?
Over the last year the Direct plan returned 3.09%, and 5.61% a year over 3 years and 5.4% a year over 5 years. That places it 18 of 21 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Kotak Gilt Fund?
The Direct plan charges 0.48% a year, as disclosed on 31 Aug 2026. The fee is already taken out of the NAV, so the returns above are what you keep.
What is the minimum SIP amount in Kotak Gilt Fund?
You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.
How much has Kotak Gilt Fund fallen in the past?
Its deepest fall was 5.9% from 24 Nov 2016 to 10 Mar 2017. Of every one-year stretch in its history, 95% ended in a gain.
Which category does Kotak Gilt Fund belong to?
It is a Gilt Fund from Kotak Mahindra Mutual Fund. Invest at least 80% in government securities. No default risk, but prices move with interest rates.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Kotak Gilt Fund taxed?
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.