| KOTAK LIQUID FUND
An open ended liquid scheme. A relatively low interest rate risk and moderate credit risk.
| KOTAK LIQUID FUND
An open ended liquid scheme. A relatively low interest rate risk and moderate credit risk.

   

   
Investment Objective
The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures and Government Securities; and money market instruments such as treasury bills, commercial paper, certificate 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. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI / RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations. To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI. There is no assurance that the investment objective of the Schemes will be realised.

The investment objective of the Scheme is to provide reasonable returns and high level of liquidity by investing in debt instruments such as bonds, debentures and Government Securities; and money market instruments such as treasury bills, commercial paper, certificate 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. The Scheme may invest in call money/term money market in terms of RBI guidelines in this respect. Subject to the maximum amount permitted from time to time, the Scheme may invest in offshore securities in the manner allowed by SEBI / RBI, provided such investments are in conformity with the investment objective of the Scheme and the prevailing guidelines and Regulations. To reduce the risk of the portfolio, the Scheme may also use various derivative and hedging products from time to time, in the manner permitted by SEBI. There is no assurance that the investment objective of the Schemes will be realised.


Issuer/Instrument Industry/Rating % to Net
Assets

Debt Instruments
Debentures and Bonds
Corporate Debt/Financial Institutions
TATA COMMUNICATIONS LTD CARE AAA 0.57
Corporate Debt/Financial Institutions - Total 0.57
Public Sector Undertakings
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CRISIL AAA 0.45
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT CRISIL AAA 0.14
Power Finance Corporation Ltd. CRISIL AAA 0.13
Public Sector Undertakings - Total 0.72
Government Dated Securities
6.97% Central Government SOV 0.76
Government Dated Securities - Total 0.76
Money Market Instruments
Commercial Paper(CP)/Certificate of Deposits(CD)
Corporate Debt/Financial Institutions
HDFC BANK LTD. CARE A1+ 6.32
ICICI SECURITIES LIMITED CRISIL A1+ 6.07
INDUSIND BANK LTD. CRISIL A1+ 3.74
KARUR VYSYA BANK LTD. ICRA A1+ 2.86
Reliance Retail Ventures Ltd CRISIL A1+ 1.86
IIFL FINANCE LIMITED CRISIL A1+ 1.49
JULIUS BAER CAPITAL (INDIA) PVT. LTD CRISIL A1+ 1.49
CITY UNION BANK LTD. ICRA A1+ 1.25
JAMMU KASHMIR BANK LTD CRISIL A1+ 1.24
PNB HOUSING FINANCE LTD. CRISIL A1+ 1.24
TITAN COMPANY LTD. CARE A1+ 1.24
HDFC SECURITIES LIMITED CARE A1+ 1.12
BAJAJ FINANCIAL SECURITIES LIMITED CRISIL A1+ 1.05
BIRLA GROUP HOLDING PRIVATE LIMITED CRISIL A1+ 1.05
DSP FINANCE PRIVATE LIMITED ICRA A1+ 0.99
ICICI BANK LTD. ICRA A1+ 0.99
Manappuram Finance Ltd. CRISIL A1+ 0.99
SHAREKHAN LIMITED CRISIL A1+ 0.99
AXIS BANK LTD. CRISIL A1+ 0.87
MOTILAL OSWAL FINANCIAL SERVICES LIMITED ICRA A1+ 0.86
ADITYA BIRLA MONEY LTD CRISIL A1+ 0.75
FEDERAL BANK LTD. CRISIL A1+ 0.75
MOTILAL OSWAL FINVEST LTD. CRISIL A1+ 0.74
NETWORK18 MEDIA & INVESTMENTS LTD. CARE A1+ 0.74
ANGEL ONE LIMITED ICRA A1+ 0.63
Adani Ports and Special Economic Zone Limited CRISIL A1+ 0.62
CAN FIN HOMES LTD. ICRA A1+ 0.62
DCB BANK LIMITED CRISIL A1+ 0.62
Grasim Industries Ltd. CRISIL A1+ 0.62
IDFC FIRST BANK LIMITED CRISIL A1+ 0.62
MASHREQ BANK PSC- INDIA BRANCH. FITCH A1+ 0.62
NUVAMA WEALTH FINANCE LIMITED CRISIL A1+ 0.62
HERO FINCORP LTD. CRISIL A1+ 0.50
IGH HOLDINGS PRIVATE LIMITED CRISIL A1+ 0.50
JIO CREDIT LIMITED CRISIL A1+ 0.50
LIC HOUSING FINANCE LTD. CRISIL A1+ 0.50
Nirma Ltd. CRISIL A1+ 0.50
NUVOCO VISTAS CORPORATION LTD. CRISIL A1+ 0.50
SBICAP SECURITIES LIMITED CRISIL A1+ 0.50
IIFL CAPITAL SERVICES LTD. CRISIL A1+ 0.49
AU SMALL FINANCE BANK LTD. CRISIL A1+ 0.37
AXIS SECURITIES LIMITED CRISIL A1+ 0.37
BHARTI TELECOM LTD. CRISIL A1+ 0.37
HDFC SECURITIES LIMITED ICRA A1+ 0.25
TVS CREDIT SERVICES LIMITED CRISIL A1+ 0.25
GODREJ FINANCE LTD CRISIL A1+ 0.19
MIRAE ASSET CAPITAL MARKETS (INDIA) PRIVATE LIMITED CRISIL A1+ 0.12
NJ CAPITAL PRIVATE LIMITED ICRA A1+ 0.12
NUVAMA WEALTH AND INVESTMENT LTD CRISIL A1+ 0.12
CHOLAMANDALAM SECURITIES LIMITED ICRA A1+ 0.06
Corporate Debt/Financial Institutions - Total 51.87
Public Sector Undertakings
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT ICRA A1+ 8.68
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CRISIL A1+ 7.43
UNION BANK OF INDIA ICRA A1+ 4.73
BANK OF BARODA FITCH A1+ 4.68
CANARA BANK CRISIL A1+ 2.86
PUNJAB & SIND BANK ICRA A1+ 2.73
NTPC LTD ICRA A1+ 2.50
UNION BANK OF INDIA FITCH A1+ 1.86
Export-Import Bank of India CRISIL A1+ 1.36
INDIAN BANK CRISIL A1+ 1.25
BANK OF INDIA CARE A1+ 1.24
PUNJAB NATIONAL BANK FITCH A1+ 1.24
National Housing Bank CRISIL A1+ 0.88
GIC Housing Finance Ltd. CRISIL A1+ 0.69
NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT FITCH A1+ 0.62
REC LTD CRISIL A1+ 0.62
CENTRAL BANK OF INDIA CARE A1+ 0.37
HINDUSTAN PETROLEUM CORPORATION LTD. CRISIL A1+ 0.37
BANK OF BARODA CARE A1+ 0.25
CANARA BANK ICRA A1+ 0.25
Public Sector Undertakings - Total 44.61
Treasury Bills
91 DAYS TREASURY BILL 13/08/2026 SOV 3.25
91 DAYS TREASURY BILL 24/09/2026 SOV 3.07
91 DAYS TREASURY BILL 03/09/2026 SOV 2.49
91 DAYS TREASURY BILL 20/08/2026 SOV 1.87
91 DAYS TREASURY BILL 09/07/2026 SOV 1.76
91 DAYS TREASURY BILL 10/09/2026 SOV 1.43
91 DAYS TREASURY BILL 16/07/2026 SOV 1.13
91 DAYS TREASURY BILL 28/08/2026 SOV 0.87
364 DAYS TREASURY BILL 09/07/2026 SOV 0.64
182 DAYS TREASURY BILL 09/07/2026 SOV 0.50
182 DAYS TREASURY BILL 13/08/2026 SOV 0.42
182 DAYS TREASURY BILL 27/08/2026 SOV 0.42
364 DAYS TREASURY BILL 13/08/2026 SOV 0.42
91 DAYS TREASURY BILL 06/08/2026 SOV 0.35
182 DAYS TREASURY BILL 03/09/2026 SOV 0.31
182 DAYS TREASURY BILL 18/09/2026 SOV 0.25
364 DAYS TREASURY BILL 06/08/2026 SOV 0.25
182 DAYS TREASURY BILL 10/09/2026 SOV 0.12
Treasury Bills - Total 19.55
Alternative Investment Fund
CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 Alternative Investment Fund 0.25
Alternative Investment Fund - Total 0.25
Net Current Assets/(Liabilities) -18.33
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 (₹) 27,20,000 12,00,000 8,40,000 6,00,000 3,60,000 1,20,000
Total Value as on May 31, 2026 (₹) 62,93,917 16,29,546 10,43,663 7,08,840 3,98,338 1,24,145
Scheme Returns (%) 6.80 5.97 6.11 6.61 6.70 6.52
Nifty Liquid Index A-I Returns (%) 6.88 6.04 6.22 6.71 6.76 6.59
Alpha* -0.09 -0.08 -0.10 -0.09 -0.06 -0.08
Nifty Liquid Index A-I (₹)# 63,67,086 16,36,000 10,47,489 7,10,528 3,98,686 1,24,193
NIFTY 1 Year T-Bill Index (₹)^ 60,47,587 16,34,478 10,37,849 7,02,757 3,96,216 1,23,560
NIFTY 1 Year T-Bill Index Returns (%) 6.49 6.03 5.96 6.27 6.34 5.59

Scheme Inception : - November 04, 2003. The returns are calculated by XIRR approach assuming investment of Rs10,000/- 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 is for Regular Plan – Growth Option Different plans have different expense structure. # Benchmark; ^ Additional Benchmark. Alpha is difference of scheme return with benchmark return.*Allpayouts 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 Rs5607.6809Rs5667.5004
Daily IDCW Rs1269.6297Rs1222.8100
(as on June 30, 2026)

Available Plans/Options

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


Fund Manager* Mr. Deepak Agrawal &
Mr. Sunil Pandey
Benchmark Nifty Liquid Index A-I
Allotment dateNovember 4, 2003
AAUMRs45,773.42 crs
AUMRs39,816.84 crs
Folio count60,932

IDCW Frequency

Daily and Weekly


Debt Quant & Ratios
Average Maturity 0.20 yrs
Modified Duration 0.19 yrs
Macaulay Duration 0.19 yrs
Annualised YTM* 6.48%
$Standard Deviation0.24%

*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

Ideal Investments Horizon

• 7 days to month


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

1. Exit load shall applicable be as per the graded basis as specified below:

Investor exit upon subscriptionExit load as a % of redemption proceeds
Day 1 0.0070%
Day 2 0.0065%
Day 3 0.0060%
Day 4 0.0055%
Day 5 0.0050%
Day 6 0.0045%
Day 7 onwards 0.0000%

Any exit load charged (net off Goods and Services tax, if any) shall be credited back to the Scheme. Units issued on reinvestment of IDCW shall not be subject to entry and exit load.


Total Expense Ratio**
Regular Plan: 0.33%
Direct Plan: 0.19%

Data as on 30th June, 2026 unless otherwise specified.

Folio Count data as on 31st May 2026.

Fund


Benchmark: Nifty Liquid Index A-I



This product is suitable for investors who are seeking*:
  • Income over a short term investment horizon
  • Investment in debt & money market securities

* 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 scheme performance, please refer 'For Regular Plan' & 'For Direct Plan'