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Kotak Mahindra Mutual Fund

Kotak Medium Term Fund

Kotak Mahindra Mutual Fund · Direct plan · Growth

3-year returns
9%
a year
NAV
₹27.59
▲ 0.07% · 18 Sept 2026
Fund size
₹1,926 Cr
Expense ratio
0.67%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹24.54 and has returned 7.94% a year over 3 years.

Returns, and where it stands

Against the average medium duration fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year7.2%6.2%ahead3 of 13
3 years9%7.9%ahead2 of 13
5 years7.4%7.1%ahead2 of 12
10 years7.6%7%ahead5 of 11
Every period, and the Regular plan →
PeriodDirectRegular
1 month0%-0.1%
3 months1.9%1.6%
6 months3.8%3.3%
1 year7.2%6.2%
2 yearsp.a.8.3%7.3%
3 yearsp.a.9%7.9%
5 yearsp.a.7.4%6.3%
7 yearsp.a.7.7%6.7%
10 yearsp.a.7.6%6.6%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▲ 7.19% in the last 1Y

25.826.727.618 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹24,222
XIRR (per year)
8.4%
Value today
₹2,04,222

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
1.4% a year
about the same as the medium duration fund average
Worst fall so far
−5.2%
Mar 2020 to Apr 2020, against −6.2% for the category.
Years that made money
100%
Of every one-year stretch it has been through.
Over any three years
5.5% to 9.4%
A year, at worst and at best. Typically 7.4%.

Fund details

Minimum lumpsum
₹100
Minimum top-up
₹100
Lock-in
None
Plan started
25 Mar 2014
Expense ratio
0.67%
as of 31 Aug 2026

Managed by Deepak Agrawal, Vihag Mishra

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

Kotak Medium Term Fund against other funds in the Medium Duration Fund category
Fund1Y3Y5YExpenseFund size
Aditya Birla Sun Life Medium Term Fund9.13%10.52%12.67%0.71%₹3,319 Cr
Kotak Medium Term Fund7.19%8.98%7.39%0.67%₹1,926 Cr
ICICI Prudential Medium Term Fund7.48%8.46%7.37%0.73%₹5,419 Cr
Nippon India Medium Term Fund (Existing Number of Segregated Portfolios - 1)6.24%8.38%6.81%0.5%₹147 Cr
Axis Medium Term Fund6.81%8.35%7.33%0.71%₹2,112 Cr
HDFC Medium Term Fund6.63%7.86%6.75%0.7%₹3,599 Cr
SBI Medium Term Fund6.78%7.8%6.82%0.72%₹6,489 Cr

About Kotak Medium Term Fund

Kotak Medium Term Fund is a medium duration fund managed by Kotak Mahindra Mutual Fund. Debt funds with a portfolio duration of 3 to 4 years; more sensitive to interest rate changes.

The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved

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
PlanOptionNAVScheme code
DirectGrowth₹27.5943128006
DirectStandard Income Distribution cum capital withdrawal optio₹27.5966128079
RegularGrowth₹24.5367128009
RegularStandard Income Distribution cum capital withdrawal optio₹15.0603128078

Frequently asked questions

What is the NAV of Kotak Medium Term Fund today?

The NAV of Kotak Medium Term Fund (Direct plan, Growth) is ₹27.5943 and the Regular plan NAV is ₹24.5367, as of 18 Sept 2026.

What returns has Kotak Medium Term Fund given?

Over the last year the Direct plan returned 7.19%, and 8.98% a year over 3 years and 7.39% a year over 5 years. That places it 2 of 13 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Kotak Medium Term Fund?

The Direct plan charges 0.67% 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 Medium Term Fund?

You can start a monthly SIP with ₹100, or invest a lump sum of ₹100 or more.

How much has Kotak Medium Term Fund fallen in the past?

Its deepest fall was 5.2% from 4 Mar 2020 to 29 Apr 2020. Of every one-year stretch in its history, 100% ended in a gain.

Which category does Kotak Medium Term Fund belong to?

It is a Medium Duration Fund from Kotak Mahindra Mutual Fund. Debt funds with a portfolio duration of 3 to 4 years; more sensitive to interest rate changes.

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 Medium Term 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.