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Kotak Mahindra Mutual Fund

Kotak Short Term Fund

Kotak Mahindra Mutual Fund · Direct plan · Growth

3-year returns
7.4%
a year
NAV
₹61.38
▲ 0.05% · 18 Sept 2026
Fund size
₹14,436 Cr
Expense ratio
0.39%
a year
Minimum SIP
₹100

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹55.27 and has returned 6.62% a year over 3 years.

Returns, and where it stands

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

PeriodThis fundCategoryRank
1 year5.6%5.6%behind12 of 22
3 years7.4%7.4%behind13 of 22
5 years6.5%6.7%behind11 of 20
10 years7.3%7%ahead6 of 16
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.1%0%
3 months1.3%1.2%
6 months2.9%2.5%
1 year5.6%4.8%
2 yearsp.a.7%6.2%
3 yearsp.a.7.4%6.6%
5 yearsp.a.6.5%5.6%
7 yearsp.a.7%6.1%
10 yearsp.a.7.3%6.4%

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

▲ 5.56% in the last 1Y

58.259.861.418 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
₹19,673
XIRR (per year)
6.87%
Value today
₹1,99,673

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% a year
about the same as the short duration fund average
Worst fall so far
−2.2%
Mar 2020 to Mar 2020, against −3.2% for the category.
Years that made money
100%
Of every one-year stretch it has been through.
Over any three years
4.9% to 9.5%
A year, at worst and at best. Typically 7.4%.

Fund details

Minimum lumpsum
₹100
Minimum top-up
₹100
Lock-in
None
Plan started
1 Jan 2013
Expense ratio
0.39%
as of 31 Aug 2026

Managed by Deepak Agrawal, Abhishek Bisen

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

How it compares

Kotak Short Term Fund against other funds in the Short Duration Fund category
Fund1Y3Y5YExpenseFund size
ICICI Prudential Short Term Fund6.27%7.78%7.13%0.45%₹19,403 Cr
Axis Short Term Fund5.96%7.75%6.78%0.4%₹7,501 Cr
Bandhan Short Term Fund6.29%7.72%6.49%0.36%₹9,287 Cr
Mahindra Manulife Short Term Fund5.94%7.7%6.63%0.33%₹81 Cr
Nippon India Short Term Fund5.8%7.68%6.68%0.39%₹6,557 Cr
Bank of India Short Term Fund5.45%7.64%10.82%0.45%₹260 Cr
Kotak Short Term Fund5.56%7.42%6.45%0.39%₹14,436 Cr

About Kotak Short Term Fund

Kotak Short Term Fund is a short duration fund managed by Kotak Mahindra Mutual Fund. Debt funds with a portfolio duration of 1 to 3 years.

The investment objective of the Scheme is to provide reasonable returns and reasonably high levels of liquidity by investing in debt instruments such as bonds, debentures and Government securities; and money market instruments such as treasury bills, commercial papers, certificates 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. There is no assurance that the investment objective of the Scheme will be realised.

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
Direct(Growth)₹61.3817119739
DirectIDCW Weekly₹10.0018154510
DirectStandard Income Distribution cum capital withdrawal option₹16.2873135500
Regular(Growth)₹55.2708101373
RegularIDCW Weekly₹10.0183154509
RegularNormal Dividend₹12.2709135501

Frequently asked questions

What is the NAV of Kotak Short Term Fund today?

The NAV of Kotak Short Term Fund (Direct plan, Growth) is ₹61.3817 and the Regular plan NAV is ₹55.2708, as of 18 Sept 2026.

What returns has Kotak Short Term Fund given?

Over the last year the Direct plan returned 5.56%, and 7.42% a year over 3 years and 6.45% a year over 5 years. That places it 13 of 22 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of Kotak Short Term Fund?

The Direct plan charges 0.39% 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 Short Term Fund?

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

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

Its deepest fall was 2.2% from 6 Mar 2020 to 23 Mar 2020. Of every one-year stretch in its history, 100% ended in a gain.

Which category does Kotak Short Term Fund belong to?

It is a Short Duration Fund from Kotak Mahindra Mutual Fund. Debt funds with a portfolio duration of 1 to 3 years.

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 Short 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.