| KOTAK SAVINGS FUND
An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months.
A moderate interest rate risk and moderate credit risk.
An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months.
A moderate interest rate risk and moderate credit risk.
| KOTAK SAVINGS FUND
An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months.
A moderate 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*:
An open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months.
A moderate interest rate risk and moderate credit risk.
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Investment Objective
The investment objective of the Scheme is to generate returns through investments in debt and money market
instruments with a view to reduce the interest rate risk. However, 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 returns through investments in debt and money market
instruments with a view to reduce the interest rate risk. However, 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 | ||
| 6.54% Tamil Nadu State Govt(^)-Tamil Nadu | SOV | 3.16 |
| 6.17% Central Government | SOV | 2.31 |
| 6.90% Maharashtra State Govt(^)-Maharashtra | SOV | 2.12 |
| 7.35% Madhya Pradesh State Govt-Madhya Pradesh | SOV | 1.07 |
| 6.04% Gujarat State Govt(^)-Gujarat | SOV | 0.71 |
| 7.07% Tamil Nadu State Govt-Tamil Nadu | SOV | 0.53 |
| 7.57% Gujarat State Govt-Gujarat | SOV | 0.32 |
| GS CG 17/12/2026 - (STRIPS) | SOV | 0.17 |
| 7.85% Andhra Pradesh State Govt-Andhra Pradesh | SOV | 0.04 |
| 7.17% Rajasthan State Govt-Rajasthan | SOV | 0.01 |
| Government Dated Securities - Total | 10.44 | |
| Public Sector Undertakings | ||
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT (^) | ICRA AAA | 4.07 |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT (^) | CRISIL AAA | 1.45 |
| Power Finance Corporation Ltd. (^) | CRISIL AAA | 0.70 |
| Public Sector Undertakings - Total | 6.22 | |
| Corporate Debt/Financial Institutions | ||
| MUTHOOT FINANCE LTD. (^) | CRISIL AA+ | 3.36 |
| MANKIND PHARMA LTD (^) | CRISIL AA+ | 3.01 |
| BHARTI TELECOM LTD. (^) | CRISIL AAA | 1.92 |
| 360 ONE PRIME LTD. (^) | ICRA AA | 1.77 |
| GODREJ SEEDS AND GENETICS LTD. (^) | CRISIL AA | 1.72 |
| PTC RADHAKRISHNA SECURITISATION TRUST 28/09/2028(RADHAKRISHNA TRUST) | CRISIL AAA(SO) | 1.45 |
| VEDANTA LTD.(^) | ICRA AA+ | 1.42 |
| TORRENT PHARMACEUTICALS LTD. (^) | ICRA AA+ | 1.41 |
| POONAWALLA FINCORP LIMITED (^) | CRISIL AAA | 1.41 |
| ADANI POWER LTD (^) | CRISIL AA | 1.35 |
| PIRAMAL FINANCE LTD (^) | CARE AA+ | 1.24 |
| TATA CAPITAL HOUSING FINANCE LTD. (^) | CRISIL AAA | 1.22 |
| JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group ) | CRISIL AAA | 1.06 |
| NUVAMA WEALTH FINANCE LIMITED (^) | CARE AA | 1.05 |
| JUBILANT BEVCO LIMITED (^) | CRISIL AA | 0.78 |
| Mahindra & Mahindra Financial Services Ltd. | CRISIL AAA | 0.71 |
| MUTHOOT FINANCE LTD. | CRISIL AA+ | 0.71 |
| EMBASSY OFFICE PARKS REIT(*) | CRISIL AAA | 0.70 |
| PTC IIFL FIN LIQUID GOLD (SERIES 14A) 20/07/2027(LIQUID GOLD SERIES 14) | CRISIL AAA(SO) | 0.44 |
| PTC IIFL FIN LIQUID GOLD (SERIES 8) 20/08/2027(LIQUID GOLD SERIES 9) | CRISIL AAA(SO) | 0.41 |
| TATA CAPITAL LTD. | CRISIL AAA | 0.40 |
| VEDANTA LTD. ( Axis Trustee Services Ltd.) (^) | CRISIL AA | 0.36 |
| GODREJ PROPERTIES LIMITED (^) | ICRA AA+ | 0.18 |
| GODREJ INDUSTRIES LTD | CRISIL AA+ | 0.18 |
| GODREJ INDUSTRIES LTD | ICRA AA+ | 0.11 |
| GODREJ FINANCE LTD | CRISIL AA+ | 0.04 |
| LIC HOUSING FINANCE LTD. | CRISIL AAA | 0.01 |
| Corporate Debt/Financial Institutions - Total | 28.42 | |
| Money Market Instruments | ||
| Commercial Paper(CP)/Certificate of Deposits(CD) | ||
| Treasury Bills | ||
| 182 DAYS TREASURY BILL 06/08/2026 | SOV | 1.75 |
| 364 DAYS TREASURY BILL 11/02/2027 | SOV | 1.36 |
| 364 DAYS TREASURY BILL 10/09/2026 | SOV | 0.70 |
| 182 DAYS TREASURY BILL 13/08/2026 | SOV | 0.70 |
| Treasury Bills - Total | 4.51 | |
| Public Sector Undertakings | ||
| BANK OF BARODA(^) | CARE A1+ | 4.41 |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^) | CARE A1+ | 4.06 |
| PUNJAB NATIONAL BANK(^) | CRISIL A1+ | 3.21 |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT(^) | FITCH A1+ | 2.71 |
| CANARA BANK(^) | CRISIL A1+ | 2.71 |
| BANK OF BARODA | FITCH A1+ | 1.70 |
| UNION BANK OF INDIA(^) | ICRA A1+ | 1.53 |
| PUNJAB & SIND BANK(^) | ICRA A1+ | 1.35 |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | CRISIL A1+ | 1.01 |
| UNION BANK OF INDIA | FITCH A1+ | 0.67 |
| Public Sector Undertakings - Total | 23.36 | |
| Corporate Debt/Financial Institutions | ||
| HDFC BANK LTD.(^) | CARE A1+ | 7.49 |
| AXIS BANK LTD.(^) | CRISIL A1+ | 4.76 |
| INDUSIND BANK LTD.(^) | CRISIL A1+ | 2.73 |
| MUTHOOT FINANCE LTD. | CRISIL A1+ | 2.20 |
| MINDSPACE BUSINESS PARKS REIT(*) | CRISIL A1+ | 1.98 |
| YES BANK LTD.(^) | CRISIL A1+ | 1.68 |
| TATA TELESERVICES LIMITED | CRISIL A1+ | 1.03 |
| TATA HOUSING DEVELOPMENT CO. LTD.(^) | FITCH A1+ | 1.02 |
| IIFL FINANCE LIMITED(^) | CRISIL A1+ | 1.01 |
| TORRENT PHARMACEUTICALS LTD. | ICRA A1+ | 0.99 |
| FEDERAL BANK LTD.(^) | CRISIL A1+ | 0.85 |
| Manappuram Finance Ltd. | CRISIL A1+ | 0.68 |
| Bahadur Chand Investments Private Limited | ICRA A1+ | 0.68 |
| BIRLA GROUP HOLDING PRIVATE LIMITED | CRISIL A1+ | 0.67 |
| EMBASSY OFFICE PARKS REIT(^) | CRISIL A1+ | 0.50 |
| CHOLAMANDALAM SECURITIES LIMITED | ICRA A1+ | 0.47 |
| CREDILA FINANCIAL SERVICES PVT LTD(^) | CRISIL A1+ | 0.33 |
| Corporate Debt/Financial Institutions - Total | 29.07 | |
| Triparty Repo | 0.73 | |
| Alternative Investment Fund | ||
| CORPORATE DEBT MARKET DEVELOPMENT FUND - CLASS A2 | Alternative Investment Fund | 0.33 |
| Alternative Investment Fund - Total | 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 (₹) | 26,30,000 | 12,00,000 | 8,40,000 | 6,00,000 | 3,60,000 | 1,20,000 |
| Total Value as on June 30, 2026 (₹) | 60,86,603 | 16,44,864 | 10,44,167 | 7,07,600 | 3,98,071 | 1,23,951 |
| Scheme Returns (%) | 7.04 | 6.15 | 6.13 | 6.54 | 6.66 | 6.21 |
| Nifty Ultra Short Duration Debt Index A-I Returns (%) | 7.36 | 6.47 | 6.53 | 6.99 | 7.09 | 6.88 |
| Alpha* | -0.32 | -0.33 | -0.40 | -0.45 | -0.44 | -0.67 |
| Nifty Ultra Short Duration Debt Index A-I (₹)# | 63,44,301 | 16,73,120 | 10,59,165 | 7,15,620 | 4,00,659 | 1,24,373 |
| NIFTY 1 Year T-Bill Index (Rs) (₹)^ | 56,91,553 | 16,34,478 | 10,37,849 | 7,02,757 | 3,96,216 | 1,23,560 |
| NIFTY 1 Year T-Bill Index Returns (%) | 6.51 | 6.03 | 5.96 | 6.27 | 6.34 | 5.59 |
Scheme Inception : - August 13, 2004. 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 | Rs45.4943 | Rs47.8786 |
| Monthly IDCW | Rs10.7671 | Rs20.6434 |
Available Plans/Options
A)Regular Plan B)Direct Plan
Options: Reinvestment of IDCW & Growth
(applicable for all plans)
| Fund Manager* | Mr. Deepak Agrawal & Mr. Manu Sharma |
| Benchmark | Nifty Ultra Short Duration Debt Index A-I |
| Allotment date | August 13, 2004 |
| AAUM | Rs14,813.40 crs |
| AUM | Rs 14,181.39 crs |
| Folio count | 36,229 |
IDCW Frequency
Monthly (12th of every Month)
Debt Quant & Ratios
| Average Maturity | 0.56 yrs |
| Modified Duration | 0.43 yrs |
| Macaulay Duration | 0.44 yrs |
| Annualised YTM* | 7.23% |
| $Standard Deviation | 0.71% |
*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
• 3-6 months
Load Structure
Entry Load: Nil. (applicable for all plans)
Exit Load:
Nil. (applicable for all plans)
Total Expense Ratio**
| Regular Plan: | 0.83% |
| Direct Plan: | 0.37% |
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 Ultra Short Duration Debt 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 with portfolio Macaulay duration between 3 months & 6 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 50.98% of the net assets.
**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'
**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'