About Kotak Liquid Fund
Kotak Liquid Fund is a liquid fund managed by Kotak Mahindra Mutual Fund. Invest in debt and money market securities maturing within 91 days. Low risk, withdrawals usually reach your bank the next working day; an alternative to a savings account for short-term money.
The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures and Government Securities; and money market instruments such as treasury bills, commercial paper, certificate of deposit, including repos in permitted securities of different maturities, so as to spread the risk across different kinds of issuers in the debt markets. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI/RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations. To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI.
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 | ₹5,747.0936 | 119766 |
| Direct | Daily Reinvestment of Income Distribution cum capital withdrawal option | ₹1,222.81 | 119764 |
| Direct | IDCW | ₹1,007.0878 | 154606 |
| Direct | Weekly - Reinvestment & Payout of Income Distribution cum capital withdrawal option | ₹1,010.6217 | 153585 |
| Direct | Weekly - Reinvestment & Payout of Income Distribution cum capital withdrawal option | ₹1,044.7294 | 153586 |
| Regular | Growth | ₹5,684.515 | 100835 |
| Regular | Daily Reinvestment of Income Distribution cum capital withdrawal option | ₹1,283.5466 | 100833 |
| – | Growth | ₹1,002.7105 | 154605 |
Frequently asked questions
What is the NAV of Kotak Liquid Fund today?
The NAV of Kotak Liquid Fund (Direct plan, Growth) is ₹5,747.0936 and the Regular plan NAV is ₹5,684.515, as of 20 Sept 2026.
What returns has Kotak Liquid Fund given?
Over the last year the Direct plan returned 6.49%, and 6.95% a year over 3 years and 6.35% a year over 5 years. That places it 17 of 33 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of Kotak Liquid Fund?
The Direct plan charges 0.15% 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.
How much has Kotak Liquid Fund fallen in the past?
Its deepest fall was 0.3% from 17 Mar 2020 to 24 Mar 2020. Of every one-year stretch in its history, 100% ended in a gain.
Which category does Kotak Liquid Fund belong to?
It is a Liquid Fund from Kotak Mahindra Mutual Fund. Invest in debt and money market securities maturing within 91 days. Low risk, withdrawals usually reach your bank the next working day; an alternative to a savings account for short-term money.
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 Liquid 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.