| KOTAK LOW DURATION FUND
An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months.
A relatively high interest rate risk and moderate credit risk.
An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months.
A relatively high interest rate risk and moderate credit risk.
| KOTAK LOW DURATION FUND
An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months.
A relatively high interest rate risk and moderate credit risk.
(as on June 30, 2026)
*in case of semi annual YTM, it will be annualized.
Source: $ICRA MFI Explorer.
This product is suitable for investors who are seeking*:
(^) 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 30 Jun 2026 is 29.76% of the net assets.
**Total Expense Ratio includes applicable B30 fee and 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'
An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months and 12 months.
A relatively high interest rate risk and moderate credit risk.
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Investment Objective
The primary objective of the Scheme is to generate income through investment primarily in low duration debt &
money market securities. There is no assurance or guarantee that the investment objective of the scheme will be achieved.
The primary objective of the Scheme is to generate income through investment primarily in low duration debt &
money market securities. 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 | ||
| 7.15% Karnataka State Govt(^)-Karnataka | SOV | 4.36 |
| 7.25% Karnataka State Govt(^)-Karnataka | SOV | 1.75 |
| 6.92% Tamil Nadu State Govt(^)-Tamil Nadu | SOV | 1.74 |
| 7.19% Karnataka State Govt(^)-Karnataka | SOV | 1.71 |
| 7.31% Tamil Nadu State Govt(^)-Tamil Nadu | SOV | 1.59 |
| 7.46% Madhya Pradesh State Govt-Madhya Pradesh | SOV | 0.88 |
| 7.03% Tamil Nadu State Govt(^)-Tamil Nadu | SOV | 0.87 |
| 7.84% Tamil Nadu State Govt-Tamil Nadu | SOV | 0.02 |
| 6.54% Tamil Nadu State Govt(^)-Tamil Nadu | SOV | 0.02 |
| 6.75% Central Government | SOV | 0.01 |
| Government Dated Securities - Total | 12.95 | |
| Public Sector Undertakings | ||
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT (^) | ICRA AAA | 4.14 |
| REC LTD (^) | ICRA AAA | 2.60 |
| Power Finance Corporation Ltd. (^) | CRISIL AAA | 1.73 |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT (^) | CRISIL AAA | 1.39 |
| REC LTD (^) | CRISIL AAA | 0.87 |
| Public Sector Undertakings - Total | 10.73 | |
| Corporate Debt/Financial Institutions | ||
| BHARTI TELECOM LTD. (^) | CRISIL AAA | 6.46 |
| BAJAJ HOUSING FINANCE LTD. (^) | CRISIL AAA | 6.20 |
| JTPM METAL TRADERS PVT LTD (^) | CRISIL AA | 3.72 |
| GODREJ SEEDS AND GENETICS LTD. (^) | CRISIL AA | 3.68 |
| EMBASSY OFFICE PARKS REIT (^) | CRISIL AAA | 3.22 |
| BAJAJ FINANCE LTD. (^) | CRISIL AAA | 2.18 |
| PTC RADHAKRISHNA SECURITISATION TRUST 28/09/2028(RADHAKRISHNA TRUST) | CRISIL AAA(SO) | 1.78 |
| VEDANTA LTD. ( Axis Trustee Services Ltd.) (^) | CRISIL AA | 1.75 |
| TATA CAPITAL LTD. (^) | CRISIL AAA | 1.74 |
| ADITYA BIRLA HOUSING FINANCE LTD(^) | ICRA AAA | 1.74 |
| ADANI POWER LTD (^) | CRISIL AA | 1.66 |
| RJ CORP LIMITED (^) | CRISIL AAA | 1.32 |
| PTC INDIA UNIVERSAL TRUST AL1 (SERIES A2) 20/07/2027(INDIA UNIVERSAL TRUST AL1) | FITCH AAA(SO) | 1.16 |
| VEDANTA LTD. (^) | ICRA AA+ | 0.88 |
| CAN FIN HOMES LTD.(^) | ICRA AAA | 0.87 |
| VEDANTA LTD.(^) | ICRA AA | 0.87 |
| PIRAMAL FINANCE LTD | CARE AA+ | 0.87 |
| NEXUS SELECT TRUST REIT (^) | CRISIL AAA | 0.87 |
| Kotak Mahindra Prime Ltd. (^) | CRISIL AAA | 0.87 |
| HINDUJA LEYLAND FINANCE LTD.(^) | CRISIL AA+ | 0.87 |
| DLF Cyber City Developers Ltd (^) | CRISIL AAA | 0.86 |
| PTC IIFL FIN LIQUID GOLD (SERIES 8) 20/08/2027(LIQUID GOLD SERIES 9) | CRISIL AAA(SO) | 0.68 |
| PTC IIFL FIN LIQUID GOLD (SERIES 14A) 20/07/2027(LIQUID GOLD SERIES 14) | CRISIL AAA(SO) | 0.47 |
| PTC DHRUVA TRUST (SERIES A1) 24/03/2030 (MAT 24/10/2029)(DHRUVA TRUST) | ICRA AAA(SO) | 0.46 |
| PTC SANSAR TRUST (AUGUST 24 V) 25/09/2029(SANSAR TRUST)(^) | CRISIL AAA(SO) | 0.44 |
| PNB HOUSING FINANCE LTD.(^) | CARE AAA | 0.44 |
| MUTHOOT FINANCE LTD. (^) | CRISIL AA+ | 0.44 |
| LIC HOUSING FINANCE LTD. | CRISIL AAA | 0.44 |
| TATA CAPITAL HOUSING FINANCE LTD. | CRISIL AAA | 0.43 |
| PTC INDIA UNIVERSAL TRUST AL2 (SERIES A2) 21/11/2027(INDIA UNIVERSAL TRUST AL2) | FITCH AAA(SO) | 0.39 |
| MINDSPACE BUSINESS PARKS REIT (^) | CRISIL AAA | 0.22 |
| PTC SANSAR TRUST (SERIES A1) 25/06/2030 ( MAT 31/08/2027)(SANSAR TRUST) | CRISIL AAA(SO) | 0.17 |
| NOMURA CAPITAL (INDIA) PRIVATE LIMITED | FITCH AAA | 0.17 |
| PTC INDIA UNIVERSAL TRUST AL2 (SERIES A1) 21/11/2026(INDIA UNIVERSAL TRUST AL2) | FITCH AAA(SO) | 0.11 |
| Nirma Ltd. | CRISIL AA | 0.09 |
| AADHAR HOUSING FINANCE LIMITED (^) | ICRA AA | 0.09 |
| SUNDARAM FINANCE LTD. | ICRA AAA | 0.04 |
| PTC SANSAR TRUST (SERIES A1) 20/01/2027 (MAT 20/11/2029)(SANSAR TRUST)(^) | CRISIL AAA(SO) | 0.03 |
| JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group ) | CRISIL AAA | 0.03 |
| TATA CAPITAL LTD. | ICRA AAA | 0.01 |
| ADITYA BIRLA CAPITAL LTD | ICRA AAA | 0.01 |
| Corporate Debt/Financial Institutions - Total | 48.73 | |
| Money Market Instruments | ||
| Commercial Paper(CP)/Certificate of Deposits(CD) | ||
| Public Sector Undertakings | ||
| PUNJAB NATIONAL BANK | CRISIL A1+ | 5.83 |
| CANARA BANK(^) | CRISIL A1+ | 5.00 |
| PUNJAB NATIONAL BANK | CARE A1+ | 4.15 |
| BANK OF BARODA(^) | CARE A1+ | 2.50 |
| UNION BANK OF INDIA | FITCH A1+ | 2.08 |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | CARE A1+ | 2.08 |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | CRISIL A1+ | 1.45 |
| BANK OF BARODA | FITCH A1+ | 0.41 |
| Public Sector Undertakings - Total | 23.50 | |
| Corporate Debt/Financial Institutions | ||
| HDFC BANK LTD.(^) | CARE A1+ | 1.25 |
| SUNDARAM FINANCE LTD. | CRISIL A1+ | 0.84 |
| Corporate Debt/Financial Institutions - Total | 2.09 | |
| Triparty Repo | 1.29 | |
| Alternative Investment Fund | ||
| CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 | Alternative Investment Fund | 0.38 |
| Alternative Investment Fund - Total | 0.38 | |
| Net Current Assets/(Liabilities) | 0.33 | |
| Grand Total | 100.00 | |
| Monthly SIP of (₹) 10000 | Since Inception | 10 years | 7 years | 5 years | 3 years | 1 year |
| Total amount invested (₹) | 22,00,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on June 30, 2026 (₹) | 43,96,855 | 16,59,350 | 10,45,764 | 7,06,348 | 3,97,764 | 1,23,717 |
| Scheme Returns (%) | 7.06 | 6.31 | 6.17 | 6.47 | 6.61 | 5.84 |
| Nifty Low Duration Debt Index A-I Returns (%) | 7.09 | 6.40 | 6.41 | 6.86 | 7.00 | 6.54 |
| Alpha* | -0.03 | -0.09 | -0.24 | -0.39 | -0.39 | -0.70 |
| Nifty Low Duration Debt Index A-I (₹)# | 44,09,604 | 16,66,854 | 10,54,728 | 7,13,195 | 4,00,069 | 1,24,157 |
| NIFTY 1 Year T-Bill Index (₹)^ | 41,33,590 | 16,34,478 | 10,37,849 | 7,02,757 | 3,96,216 | 1,23,560 |
| NIFTY 1 Year T-Bill Index Returns (%) | 6.46 | 6.03 | 5.96 | 6.27 | 6.34 | 5.59 |
Scheme Inception : - March 06, 2008. 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 | Rs3538.7296 | Rs3888.9608 |
| Monthly IDCW | Rs1004.0929 | Rs1011.4636 |
Available Plans/Options
A)Regular Plan B)Direct Plan
Options: Payout of IDCW, Reinvestment of
IDCW & Growth (payout of IDCW is
available under mont
| Fund Manager* |
Mr. Dharmesh Thakkar and Mr. Deepak Agrawal (effective October 24, 2025) |
| Benchmark | Nifty Low Duration Debt Index A-I |
| Allotment date | March 6, 2008 |
| AAUM | Rs12,253.26 crs |
| AUM | Rs11,522.71 crs |
| Folio count | 79,901 |
IDCW Frequency
At discretion of trustees
Debt Quant & Ratios
| Average Maturity | 1.04 yrs |
| Modified Duration | 0.89 yrs |
| Macaulay Duration | 0.94 yrs |
| Annualised YTM* | 7.42% |
| $Standard Deviation | 1.02% |
*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
• 6-9 months
Load Structure
Entry Load:
Nil.
Exit Load:
Nil.
Any exit load charged (net off Service Tax, if
any) shall be credited back to the Scheme
Total Expense Ratio**
| Regular Plan: | 1.18% |
| Direct Plan: | 0.40% |
Data as on 30th June, 2026 unless
otherwise specified.
Folio Count data as on 31st May 2026.
Folio Count data as on 31st May 2026.
Fund
Benchmark: Nifty Low Duration Debt Index A-I
This product is suitable for investors who are seeking*:
- Regular Income over short term
- Income by focussing on low duration securities with portfolio Macaulay duration between 6 months and 12 months
* 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 30 Jun 2026 is 29.76% of the net assets.
**Total Expense Ratio includes applicable B30 fee and 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'