| 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.
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.
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.
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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 |
|---|---|---|
| Equity & Equity related | ||
| Embassy Office Parks REIT(*) | Realty | 4.09 |
| BROOKFIELD INDIA REAL ESTATE TRUST(*) | Realty | 2.23 |
| NEXUS SELECT TRUST REIT(*) | Realty | 0.62 |
| Equity & Equity related - Total | 6.94 | |
| Debt Instruments | ||
| Debentures and Bonds | ||
| Government Dated Securities | ||
| 7.71% Central Government | SOV | 2.93 |
| 6.98% Gujarat State Govt-Gujarat | SOV | 2.59 |
| 6.90% Central Government | SOV | 2.15 |
| 7.19% Tamil Nadu State Govt-Tamil Nadu | SOV | 2.08 |
| 7.09% Central Government | SOV | 1.50 |
| 7.47% Karnataka State Govt-Karnataka | SOV | 1.31 |
| 7.18% Maharashtra State Govt-Maharashtra | SOV | 0.87 |
| 7.49% Karnataka State Govt-Karnataka | SOV | 0.79 |
| 6.53% Tamil Nadu State Govt-Tamil Nadu | SOV | 0.15 |
| Government Dated Securities - Total | 14.37 | |
| Public Sector Undertakings | ||
| U P Power Corporation Ltd ( Guaranteed By UP State Government ) | CRISIL A+(CE) | 2.34 |
| REC LTD | CRISIL AAA | 0.11 |
| Public Sector Undertakings - Total | 2.45 | |
| Corporate Debt/Financial Institutions | ||
| JTPM METAL TRADERS PVT LTD (^) | CRISIL AA | 5.61 |
| GODREJ SEEDS AND GENETICS LTD. | CRISIL AA | 5.19 |
| L&T METRO RAIL (HYDERABAD) LTD ( Axis Trusteeship services Ltd . Guaranteed by Larsen & Toubro Limited.) (^) | CRISIL AAA(CE) | 5.18 |
| BAMBOO HOTEL AND GLOBAL CENTRE (DELHI) PRIVATE LTD | ICRA A+(CE) | 4.72 |
| ADANI POWER LTD (^) | CRISIL AA | 4.68 |
| Tata Steel Ltd. | CARE AA+ | 3.93 |
| 360 ONE PRIME LTD. | ICRA AA | 3.92 |
| MAS FINANCIAL SERVICES LTD. | CARE AA- | 3.86 |
| AADHAR HOUSING FINANCE LIMITED (^) | ICRA AA | 3.41 |
| ADITYA BIRLA RENEWABLES LIMITED (^) | CRISIL AA | 3.14 |
| ADITYA BIRLA REAL ESTATE LTD (^) | CRISIL AA | 2.89 |
| VEDANTA LTD. ( Axis Trustee Services Ltd.) (^) | CRISIL AA+ | 2.64 |
| VEDANTA LTD. (^) | ICRA AA+ | 2.64 |
| INDIGRID INFRASTRUCTURE TRUST | CRISIL AAA | 2.64 |
| GODREJ PROPERTIES LIMITED | ICRA AA+ | 2.63 |
| EMBASSY OFFICE PARKS REIT (^) | CRISIL AAA | 2.62 |
| PTC SIDDHIVINAYAK SECURITISATION TRUST 28/09/2030(SIDDHIVINAYAK TRUST) | CRISIL AAA(SO) | 2.05 |
| PTC SHIVSHAKTI SECURITISATION TRUST 28/09/2029(SHIVSHAKTI TRUST) | CRISIL AAA(SO) | 1.78 |
| MUTHOOT FINANCE LTD. | CRISIL AA+ | 1.32 |
| PIRAMAL FINANCE LTD | CARE AA+ | 1.31 |
| Bahadur Chand Investments Private Limited | ICRA AA+ | 1.30 |
| PTC DHRUVA TRUST (SERIES A1) 24/03/2030 (MAT 24/10/2029)(DHRUVA TRUST) | ICRA AAA(SO) | 0.69 |
| TORRENT PHARMACEUTICALS LTD. | ICRA AA+ | 0.65 |
| PTC SANSAR TRUST (AUGUST 24 V) 25/09/2029(SANSAR TRUST) | CRISIL AAA(SO) | 0.61 |
| PIPELINE INFRASTRUCTURE LIMITED | CRISIL AAA | 0.41 |
| PTC SANSAR TRUST (SERIES A1) 25/06/2030 ( MAT 31/08/2027)(SANSAR TRUST) | CRISIL AAA(SO) | 0.40 |
| Mahindra & Mahindra Financial Services Ltd. | CRISIL AAA | 0.11 |
| Corporate Debt/Financial Institutions - Total | 70.33 | |
| Triparty Repo | 1.11 | |
| Alternative Investment Fund | ||
| CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 | Alternative Investment Fund | 0.31 |
| Alternative Investment Fund - Total | 0.31 | |
| Infrastructure Investment Trusts | ||
| INDUS INFRA TRUST | Transport Infrastructure | 1.57 |
| CAPITAL INFRA TRUST INVIT | Construction | 1.26 |
| Infrastructure Investment Trusts - Total | 2.83 | |
| Net Current Assets/(Liabilities) | 1.66 | |
| Grand Total | 100.00 | |
| Monthly SIP of (₹) 10000 | Since Inception | 10 years | 7 years | 5 years | 3 years | 1 year |
| Total amount invested (₹) | 14,90,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on July 31, 2026 (₹) | 23,27,218 | 16,96,814 | 10,75,423 | 7,21,781 | 4,04,501 | 1,24,307 |
| Scheme Returns (%) | 6.91 | 6.74 | 6.95 | 7.33 | 7.73 | 6.75 |
| Nifty Low Duration Debt Index A-I Returns (%) | 7.10 | 6.79 | 6.39 | 6.59 | 6.76 | 5.65 |
| Alpha* | -0.20 | -0.05 | 0.56 | 0.74 | 0.97 | 1.10 |
| Nifty Low Duration Debt Index A-I (₹)# | 23,57,591 | 17,01,487 | 10,54,251 | 7,08,486 | 3,98,705 | 1,23,609 |
| NIFTY 1 Year T-Bill Index (₹)^ | 22,11,682 | 16,20,422 | 10,27,302 | 7,02,072 | 3,93,081 | 1,22,592 |
| NIFTY 1 Year T-Bill Index Returns (%) | 6.14 | 5.86 | 5.67 | 6.23 | 5.80 | 4.05 |
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)
| Regular | Direct | |
| Growth | Rs24.4227 | Rs27.4307 |
| IDCW | Rs14.9904 | Rs27.4332 |
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. Vihag Mishra |
| Benchmark | CRISIL Medium Duration Debt A-III Index |
| Allotment date | March 21, 2014 |
| AAUM | Rs1,893.27 crs |
| AUM | Rs1,915.30 crs |
| Folio count | 11,537 |
IDCW Frequency
At discretion of trustees
Debt Quant & Ratios
| Average Maturity | 5.55 yrs |
| Modified Duration | 2.99 yrs |
| Macaulay Duration | 3.14 yrs |
| Annualised YTM* | 8.37% |
| $Standard Deviation | 2.53% |
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.
Expense Ratio**
| Regular Plan: | 1.63% |
| Direct Plan: | 0.67% |
Data as on 31st July, 2026 unless otherwise specified.
Folio Count data as on 30th July 2026.
Folio Count data as on 30th July 2026.
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
(^) Fully or Party blocked against Interest Rate Swap (IRS). (^)This scheme has exposure to floating rate instruments and / or interest rate derivatives. The duration of these instruments is linked to the interest rate reset period. The interest rate risk in a floating rate instrument or in a fixed rate instrument hedged with derivatives is likely to be lesser than that in an equivalent maturity fixed rate instrument. Under some market circumstances the volatility may be of an order greater than what may ordinarily be expected considering only its duration. Hence investors are recommended to consider the unadjusted portfolio maturity of the scheme as well and exercise adequate due diligence when deciding to make their investments. Hedging Position through Interest Rate Swaps as on 31 Jul 2026 is 13.02% of the net assets. ***Existing investment in REITs held by debt schemes of Mutual Funds as on July 31, 2026, is grandfathered.
**The expense ratio disclosed above represents the Base Expense Ratio (BER), including applicable statutory levies on expenses forming part of the BER, but excludes brokerage, transaction costs and related statutory levies. For Total Expense Ratio including brokerage, transaction cost and related statutory levies please refer our website: https://www.kotakmf.com/Information/TER.
* 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'