| KOTAK MEDIUM TERM FUND
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years.
A relatively high interest rate risk and relatively high credit risk.
| KOTAK MEDIUM TERM FUND
An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 years and 4 years.
A relatively high interest rate risk and relatively high credit risk.

  

  
Investment Objective
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 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.


Issuer/Instrument Rating % to Net
Assets

Debt Instruments
Debentures and Bonds
Government Dated Securities
7.10% Central Government SOV 8.60
7.18% Central Government(^) SOV 8.09
6.79% Central Government SOV 1.41
7.09% Central Government SOV 1.39
7.30% Central Government SOV 1.13
6.90% Central Government SOV 1.07
6.53% Tamil Nadu State Govt-Tamil Nadu SOV 0.16
Government Dated Securities - Total 21.85
Public Sector Undertakings
DME DEVELOPMENT LIMITED (^) CRISIL AAA 4.36
U P Power Corporation Ltd ( Guaranteed By UP State Government ) CRISIL A+(CE) 2.98
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT ICRA AAA 0.20
REC LTD CRISIL AAA 0.12
Public Sector Undertakings - Total 7.66
Corporate Debt/Financial Institutions
BAMBOO HOTEL AND GLOBAL CENTRE (DELHI) PRIVATE LTD ICRA A+(CE) 4.99
Tata Steel Ltd. CARE AA+ 4.23
AADHAR HOUSING FINANCE LIMITED ICRA AA 3.64
PIPELINE INFRASTRUCTURE LIMITED CRISIL AAA 3.60
ADITYA BIRLA RENEWABLES LIMITED CRISIL AA 3.37
ADITYA BIRLA REAL ESTATE LTD (^) CRISIL AA 3.10
INDIGRID INFRASTRUCTURE TRUST CRISIL AAA 2.83
GODREJ PROPERTIES LIMITED ICRA AA+ 2.82
EMBASSY OFFICE PARKS REIT CRISIL AAA 2.82
VEDANTA LTD. ICRA AA 2.78
L&T METRO RAIL (HYDERABAD) LTD ( Axis Trusteeship services Ltd . Guaranteed by Larsen & Toubro Limited.) CRISIL AAA(CE) 2.76
JM FINANCIAL CREDIT SOLUTIONS LTD. ICRA AA 2.76
GODREJ SEEDS AND GENETICS LTD. CRISIL AA 2.76
PTC SANSAR TRUST (AUGUST 24 V) 25/09/2029(SANSAR TRUST) CRISIL AAA(SO) 2.67
JM FINANCIAL ASSET RECONSTRUCTION CO. PVT. LTD CRISIL AA- 2.38
PTC SANSAR TRUST (SERIES A1) 25/06/2030 ( MAT 31/08/2027)(SANSAR TRUST) CRISIL AAA(SO) 1.68
VEDANTA LTD. ( Axis Trustee Services Ltd.) CRISIL AA 1.66
PRESTIGE PROJECTS PVT. LTD ICRA A 1.65
MUTHOOT FINANCE LTD. CRISIL AA+ 1.43
PIRAMAL FINANCE LTD CARE AA 1.38
Bahadur Chand Investments Private Limited ICRA AA 1.38
PTC DHRUVA TRUST (SERIES A1) 24/03/2030 (MAT 24/10/2029)(DHRUVA TRUST) ICRA AAA(SO) 1.09
BHARTI TELECOM LTD. CRISIL AAA 0.85
TATA PROJECTS LTD. FITCH AA 0.39
INDOSTAR CAPITAL FINANCE LIMITED CRISIL AA- 0.28
Mahindra & Mahindra Financial Services Ltd. CRISIL AAA 0.11
IOT Utkal Energy Services Ltd. CRISIL AAA 0.01
Corporate Debt/Financial Institutions - Total 59.42
Triparty Repo 1.39
Alternative Investment Fund
CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 Alternative Investment Fund 0.30
Alternative Investment Fund - Total 0.30
Real Estate & Infrastructure Investment Trusts
Embassy Office Parks REIT Realty 3.26
BROOKFIELD INDIA REAL ESTATE TRUST Realty 2.16
INDUS INFRA TRUST Transport Infrastructure 1.44
NEXUS SELECT TRUST REIT Realty 0.58
Real Estate & Infrastructure Investment Trusts - Total 7.44
Net Current Assets/(Liabilities) 1.94
Grand Total 100.00

Systematic Investment Plan (SIP) If you had invested Rs 10,000 every month
Monthly SIP of (₹) 10000 Since Inception 10 years 7 years 5 years 3 years 1 year
Total amount invested (₹) 13,70,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on July 31, 2025 (₹) 20,68,460 17,05,050 10,76,809 7,20,841 4,09,480 1,25,765
Scheme Returns (%) 6.97 6.83 6.99 7.28 8.55 9.09
CRISIL Medium Duration Debt A-III Index Returns (%) 7.46 7.28 7.12 6.91 8.31 9.27
Alpha* -0.49 -0.45 -0.13 0.37 0.25 -0.18
CRISIL Medium Duration Debt A-III Index (₹)# 21,30,170 17,45,783 10,81,929 7,14,146 4,07,985 1,25,876
CRISIL 10 Year Gilt Index (₹)^ 20,42,800 16,87,487 10,71,344 7,20,568 4,13,590 1,25,796
CRISIL 10 Year Gilt Index Returns (%) 6.77 6.63 6.84 7.26 9.23 9.14

Scheme Inception : - March 21, 2014. The returns are calculated by XIRR approach assuming investment of ₹ 10,000/- on the 1st working day of every month. Since Inception returns are assumed to be starting from the inception date of the Scheme and calculated accordingly. XIRR helps in calculating return on investments given an initial and final value and a series of cash inflows and outflows and taking the time of investment into consideration. The SIP performance details provided herein are of Regular Plan - Growth Option Different plans have different expense structure. # Benchmark; ^ Additional Benchmark. Alpha is difference of scheme return with benchmark return. *All payouts during the period have been reinvested in the units of the scheme at the then prevailing NAV. Source: ICRA MFI Explorer.

Net Asset Value (NAV)
RegularDirect
Growth Rs22.9321Rs25.5098
IDCW Rs14.0754Rs25.5121
(as on July 31, 2025)

Available Plans/Options

A) Regular Plan B) Direct Plan
Options: Payout of IDCW, Reinvestment of IDCW & Growth (applicable for all plans)


Fund Manager* Mr. Deepak Agrawal,
Mr. Sunit Garg
(upto May 31, 2025) &
Mr. Vihag Mishra
(w.e.f. June 01, 2025)
Benchmark***CRISIL Medium Duration Debt A-III Index
Allotment dateMarch 21, 2014
AAUMRs1,868.75 crs
AUMRs1,817.07 crs
Folio count9,596

IDCW Frequency

At discretion of trustees


Debt Quant & Ratios
Average Maturity 5.28 yrs
Modified Duration 3.31 yrs
Macaulay Duration 3.46 yrs
Annualised YTM* 7.73%
$Standard Deviation 1.45%
*in case of semi annual YTM, it will be annualized.
Source: $ICRA MFI Explorer.

Minimum Investment Amount

Initial & Additional Investment
• Rs100 and any amount thereafter
Systematic Investment Plan (SIP)
• Rs 100 and any amount thereafter

Ideal Investments Horizon

• 2.5 years & above


Load Structure

Entry Load: Nil. (applicable for all plans)
Exit Load: Nil.


Total Expense Ratio**
Regular Plan: 1.63%
Direct Plan: 0.67%

Data as on 31st July, 2025 unless otherwise specified.

Folio Count data as on 30th June 2025.

Fund


Benchmark: CRISIL Medium Duration Debt A-III Index


This product is suitable for investors who are seeking*:
  • Income over a medium term investment horizon
  • Investment in debt, government securities & money market instruments with portfolio Macaulay duration between 3 years & 4 years

* Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

For latest Riskometer, investors may refer to an addendum issued or updated on website at www.kotakmf.com


**Total Expense Ratio includes applicable GST.
* For Fund Manager experience, please refer 'For Regular Plan' & 'For Direct Plan'
For last three IDCW, please refer 'Dividend History'.
For scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'