Kotak Money Market Scheme Direct Growth
DebtMoney MarketModerate Risk
Direct
NAV (27-Mar-25)
₹4436.090.01%1D
Returns (Since Inception)
7.26%
Rated ★4.3+ on 
Fund Overview
Fund Size
₹27,152 Cr
Expense Ratio
0.24%
ISIN
INF174K01MW2
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
Kotak Money Market Scheme Direct Growth is a Money Market mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 12 years, 2 months and 27 days, having been launched on 01-Jan-13.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹4436.09, Assets Under Management (AUM) of 27151.69 Crores, and an expense ratio of 0.24%.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹4436.09, Assets Under Management (AUM) of 27151.69 Crores, and an expense ratio of 0.24%.
- Kotak Money Market Scheme Direct Growth has given a CAGR return of 7.26% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 27.00% in debts, and 72.74% in cash & cash equivalents.
- You can start investing in Kotak Money Market Scheme Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.81%
+6.60% (Cat Avg.)
3 Years
+7.04%
+6.33% (Cat Avg.)
5 Years
+6.04%
+5.76% (Cat Avg.)
10 Years
+6.83%
+5.73% (Cat Avg.)
Since Inception
+7.26%
— (Cat Avg.)
Portfolio Summaryas of 15th March 2025
| Debt | ₹7,330.06 Cr | 27.00% |
| Others | ₹19,821.64 Cr | 73.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹1,421.32 Cr | 5.23% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹947.13 Cr | 3.49% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹705.92 Cr | 2.60% |
| Indian Bank | Bond - Gov't Agency Debt | ₹697.55 Cr | 2.57% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹614.38 Cr | 2.26% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹564.84 Cr | 2.08% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹511.34 Cr | 1.88% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹489.65 Cr | 1.80% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹473.82 Cr | 1.75% |
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹472.88 Cr | 1.74% |
| 364 Days Tbill Red 05-02-2026 | Bond - Gov't/Treasury | ₹472.57 Cr | 1.74% |
| Canara Bank | Cash - CD/Time Deposit | ₹468.27 Cr | 1.72% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹467.8 Cr | 1.72% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹466.84 Cr | 1.72% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹464.61 Cr | 1.71% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹383.65 Cr | 1.41% |
| 364 DTB 04122025 | Bond - Gov't/Treasury | ₹381.95 Cr | 1.41% |
| Panatone Finvest Limited | Cash - Commercial Paper | ₹375.03 Cr | 1.38% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹374.67 Cr | 1.38% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹374.22 Cr | 1.38% |
| 5.22% Govt Stock 2025 | Bond - Gov't/Treasury | ₹348.81 Cr | 1.28% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹328.99 Cr | 1.21% |
| Indian Bank | Cash - CD/Time Deposit | ₹328.74 Cr | 1.21% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹328.59 Cr | 1.21% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹328.36 Cr | 1.21% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹327.58 Cr | 1.21% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹327.56 Cr | 1.21% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹327.5 Cr | 1.21% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹286.05 Cr | 1.05% |
| Axis Bank Ltd. | Cash - CD/Time Deposit | ₹285.39 Cr | 1.05% |
| 364 DTB 12022026 | Bond - Gov't/Treasury | ₹283.21 Cr | 1.04% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹279.25 Cr | 1.03% |
| Mankind Pharma Limited | Cash - Commercial Paper | ₹276.97 Cr | 1.02% |
| Torrent Electricals Ltd. | Cash - Commercial Paper | ₹241.12 Cr | 0.89% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹239.54 Cr | 0.88% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹239.51 Cr | 0.88% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹239.49 Cr | 0.88% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹239.34 Cr | 0.88% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹236.99 Cr | 0.87% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹236.89 Cr | 0.87% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹236 Cr | 0.87% |
| 364 Days Tbill Mat 200226 | Bond - Gov't/Treasury | ₹235.69 Cr | 0.87% |
| 364 DTB 27022026 | Bond - Gov't/Treasury | ₹235.41 Cr | 0.87% |
| Punjab And Sind Bank | Cash - CD/Time Deposit | ₹234.46 Cr | 0.86% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹232.48 Cr | 0.86% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹232.44 Cr | 0.86% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹230.4 Cr | 0.85% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹212.22 Cr | 0.78% |
| India (Republic of) | Bond - Short-term Government Bills | ₹211.38 Cr | 0.78% |
| 08.29 MH Sdl 2025 | Bond - Gov't/Treasury | ₹209.27 Cr | 0.77% |
| 08.23 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹201.34 Cr | 0.74% |
| 08.28 KA Sdl 2026 | Bond - Gov't/Treasury | ₹197.91 Cr | 0.73% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹195.37 Cr | 0.72% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹194.11 Cr | 0.71% |
| 08.24 Tn SDL 2025sep | Bond - Gov't/Treasury | ₹191.29 Cr | 0.70% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹188.99 Cr | 0.70% |
| 364 DTB 06112025 | Bond - Gov't/Treasury | ₹187.1 Cr | 0.69% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹186.99 Cr | 0.69% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹186.95 Cr | 0.69% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹186.15 Cr | 0.69% |
| Canara Bank | Bond - Gov't Agency Debt | ₹186.03 Cr | 0.69% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹185.98 Cr | 0.68% |
| Tata Capital Ltd. | Cash - Commercial Paper | ₹185.56 Cr | 0.68% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹185.52 Cr | 0.68% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹185.44 Cr | 0.68% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹164.2 Cr | 0.60% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹163.21 Cr | 0.60% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹163.09 Cr | 0.60% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹162.98 Cr | 0.60% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹142.2 Cr | 0.52% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹142.17 Cr | 0.52% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹142.08 Cr | 0.52% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹141.74 Cr | 0.52% |
| Muthoot Finance Ltd. | Cash - Commercial Paper | ₹140.52 Cr | 0.52% |
| Canara Bank | Cash - CD/Time Deposit | ₹139.93 Cr | 0.52% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹139.75 Cr | 0.51% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹139.35 Cr | 0.51% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹139.08 Cr | 0.51% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹138.99 Cr | 0.51% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹115.78 Cr | 0.43% |
| 08.59 KA Sdl 2025 | Bond - Gov't/Treasury | ₹106.18 Cr | 0.39% |
| Mankind Pharma Limited | Cash - Commercial Paper | ₹99.29 Cr | 0.37% |
| Triparty Repo | Cash - Repurchase Agreement | ₹98.98 Cr | 0.36% |
| JSW Energy Ltd | Cash - Commercial Paper | ₹98.36 Cr | 0.36% |
| Sharekhan Limited | Cash - Commercial Paper | ₹98.33 Cr | 0.36% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹96.76 Cr | 0.36% |
| Sharekhan Limited | Cash - Commercial Paper | ₹96.12 Cr | 0.35% |
| Sharekhan Limited | Cash - Commercial Paper | ₹95.81 Cr | 0.35% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹94.82 Cr | 0.35% |
| Tata Projects Limited | Cash - Commercial Paper | ₹94.56 Cr | 0.35% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹94.52 Cr | 0.35% |
| Canara Bank | Cash - CD/Time Deposit | ₹94.5 Cr | 0.35% |
| Julius Baer Capital (India) Private Limited | Bond - Corporate Bond | ₹93.88 Cr | 0.35% |
| Godrej Housing Finance Limited | Cash - Commercial Paper | ₹93.27 Cr | 0.34% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹93.26 Cr | 0.34% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹93.19 Cr | 0.34% |
| Export-Import Bank of India | Bond - Gov't Agency Debt | ₹93.16 Cr | 0.34% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹93.11 Cr | 0.34% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹93.03 Cr | 0.34% |
| Bank of Baroda | Bond - Corporate Bond | ₹93.01 Cr | 0.34% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹92.94 Cr | 0.34% |
| Muthoot Finance Ltd. | Cash - Commercial Paper | ₹92.68 Cr | 0.34% |
| 364 DTB 21112025 | Bond - Gov't/Treasury | ₹90.91 Cr | 0.33% |
| 08.39 MP Sdl 2026 | Bond - Gov't/Treasury | ₹76.04 Cr | 0.28% |
| 08.15 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹72.97 Cr | 0.27% |
| SBI ALTERNATIVE INVESTMENT FUND | Mutual Fund - Open End | ₹72.53 Cr | 0.27% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹70.16 Cr | 0.26% |
| 08.21 HR UDAY 2025 | Bond - Gov't Agency Debt | ₹67.42 Cr | 0.25% |
| 07.96 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹55.38 Cr | 0.20% |
| 08.38 HR Sdl 2026 | Bond - Gov't/Treasury | ₹50.68 Cr | 0.19% |
| Sharekhan Limited | Cash - Commercial Paper | ₹49.07 Cr | 0.18% |
| Nuvama Wealth And Investment Limited | Cash - Commercial Paper | ₹48.82 Cr | 0.18% |
| 08.27 MP Sdl 2025 | Bond - Gov't/Treasury | ₹48.28 Cr | 0.18% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹48.05 Cr | 0.18% |
| Net Current Assets/(Liabilities) | Cash - Collateral | ₹47.26 Cr | 0.17% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹46.6 Cr | 0.17% |
| 06.90 Tn SDL 2025 | Bond - Gov't/Treasury | ₹35.05 Cr | 0.13% |
| 08.16 MH Sdl 2025 | Bond - Gov't/Treasury | ₹15.11 Cr | 0.06% |
| 07.97 Tn SDL 2025 | Bond - Gov't/Treasury | ₹5.04 Cr | 0.02% |
| 08.29 Tn SDL 2025aug | Bond - Gov't/Treasury | ₹4.68 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹13,035.51 Cr | 48.01% |
| Cash - Commercial Paper | ₹6,499.93 Cr | 23.94% |
| Bond - Gov't/Treasury | ₹3,977.77 Cr | 14.65% |
| Bond - Gov't Agency Debt | ₹1,626.89 Cr | 5.99% |
| Bond - Corporate Bond | ₹1,581.44 Cr | 5.82% |
| Bond - Short-term Government Bills | ₹211.38 Cr | 0.78% |
| Cash - Repurchase Agreement | ₹98.98 Cr | 0.36% |
| Mutual Fund - Open End | ₹72.53 Cr | 0.27% |
| Cash - Collateral | ₹47.26 Cr | 0.17% |
Risk & Performance Ratios
Standard Deviation
This fund
0.43%
Cat. avg.
0.62%
Lower the better
Sharpe Ratio
This fund
1.44
Cat. avg.
-0.03
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.26
Higher the better
Fund Managers
DA
Deepak Agrawal
Since November 2006
Manu Sharma
Since November 2022
Additional Scheme Detailsas of 15th March 2025
ISIN INF174K01MW2 | Expense Ratio 0.24% | Exit Load No Charges | Fund Size ₹27,152 Cr | Age 12 years 3 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark CRISIL Money Market TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1378.11 Cr | 7.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹197.96 Cr | 7.5% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹197.96 Cr | 6.7% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹88.71 Cr | 7.6% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹88.71 Cr | 7.4% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹19.94 Cr | 6.4% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹19.94 Cr | 5.9% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹26845.19 Cr | 7.7% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2599.25 Cr | 7.7% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹27929.77 Cr | 7.7% |
About the AMC
Kotak Mahindra Mutual Fund
Total AUM
₹5,09,747 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
Take control of your wealth
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Kotak Money Market Scheme Direct Growth?
The NAV of Kotak Money Market Scheme Direct Growth, as of 27-Mar-2025, is ₹4436.09.
What are the returns of Kotak Money Market Scheme Direct Growth?
The fund has generated 7.81% over the last 1 year and 7.04% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Kotak Money Market Scheme Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 27.00% in bonds, and 72.74% in cash and cash equivalents.
Who manages the Kotak Money Market Scheme Direct Growth?
The fund managers responsible for Kotak Money Market Scheme Direct Growth are:-
- Deepak Agrawal
- Manu Sharma
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
Kotak Money Market Scheme Direct Growth
DebtMoney MarketModerate Risk
Direct
NAV (27-Mar-25)
₹4436.090.01%1D
Returns (Since Inception)
7.26%
Rated ★4.3+ on
Fund Overview
Fund Size
₹27,152 Cr
Expense Ratio
0.24%
ISIN
INF174K01MW2
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
01 Jan 2013
Risk Level
Your principal amount will be at Moderate Risk
About this fund
Kotak Money Market Scheme Direct Growth is a Money Market mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 12 years, 2 months and 27 days, having been launched on 01-Jan-13.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹4436.09, Assets Under Management (AUM) of 27151.69 Crores, and an expense ratio of 0.24%.
As of 27-Mar-25, it has a Net Asset Value (NAV) of ₹4436.09, Assets Under Management (AUM) of 27151.69 Crores, and an expense ratio of 0.24%.
- Kotak Money Market Scheme Direct Growth has given a CAGR return of 7.26% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 27.00% in debts, and 72.74% in cash & cash equivalents.
- You can start investing in Kotak Money Market Scheme Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.81%
+6.60% (Cat Avg.)
3 Years
+7.04%
+6.33% (Cat Avg.)
5 Years
+6.04%
+5.76% (Cat Avg.)
10 Years
+6.83%
+5.73% (Cat Avg.)
Since Inception
+7.26%
— (Cat Avg.)
Portfolio Summaryas of 15th March 2025
| Debt | ₹7,330.06 Cr | 27.00% |
| Others | ₹19,821.64 Cr | 73.00% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹1,421.32 Cr | 5.23% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹947.13 Cr | 3.49% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹705.92 Cr | 2.60% |
| Indian Bank | Bond - Gov't Agency Debt | ₹697.55 Cr | 2.57% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹614.38 Cr | 2.26% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹564.84 Cr | 2.08% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹511.34 Cr | 1.88% |
| National Bank For Agriculture And Rural Development | Cash - Commercial Paper | ₹489.65 Cr | 1.80% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹473.82 Cr | 1.75% |
| 364 DTB 29012026 | Bond - Gov't/Treasury | ₹472.88 Cr | 1.74% |
| 364 Days Tbill Red 05-02-2026 | Bond - Gov't/Treasury | ₹472.57 Cr | 1.74% |
| Canara Bank | Cash - CD/Time Deposit | ₹468.27 Cr | 1.72% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹467.8 Cr | 1.72% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹466.84 Cr | 1.72% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹464.61 Cr | 1.71% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹383.65 Cr | 1.41% |
| 364 DTB 04122025 | Bond - Gov't/Treasury | ₹381.95 Cr | 1.41% |
| Panatone Finvest Limited | Cash - Commercial Paper | ₹375.03 Cr | 1.38% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹374.67 Cr | 1.38% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹374.22 Cr | 1.38% |
| 5.22% Govt Stock 2025 | Bond - Gov't/Treasury | ₹348.81 Cr | 1.28% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹328.99 Cr | 1.21% |
| Indian Bank | Cash - CD/Time Deposit | ₹328.74 Cr | 1.21% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹328.59 Cr | 1.21% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹328.36 Cr | 1.21% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹327.58 Cr | 1.21% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹327.56 Cr | 1.21% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹327.5 Cr | 1.21% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹286.05 Cr | 1.05% |
| Axis Bank Ltd. | Cash - CD/Time Deposit | ₹285.39 Cr | 1.05% |
| 364 DTB 12022026 | Bond - Gov't/Treasury | ₹283.21 Cr | 1.04% |
| Axis Bank Ltd. | Bond - Corporate Bond | ₹279.25 Cr | 1.03% |
| Mankind Pharma Limited | Cash - Commercial Paper | ₹276.97 Cr | 1.02% |
| Torrent Electricals Ltd. | Cash - Commercial Paper | ₹241.12 Cr | 0.89% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹239.54 Cr | 0.88% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹239.51 Cr | 0.88% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹239.49 Cr | 0.88% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹239.34 Cr | 0.88% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹236.99 Cr | 0.87% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹236.89 Cr | 0.87% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹236 Cr | 0.87% |
| 364 Days Tbill Mat 200226 | Bond - Gov't/Treasury | ₹235.69 Cr | 0.87% |
| 364 DTB 27022026 | Bond - Gov't/Treasury | ₹235.41 Cr | 0.87% |
| Punjab And Sind Bank | Cash - CD/Time Deposit | ₹234.46 Cr | 0.86% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹232.48 Cr | 0.86% |
| Bharti Telecom Limited | Cash - Commercial Paper | ₹232.44 Cr | 0.86% |
| 360 One Prime Ltd. | Cash - Commercial Paper | ₹230.4 Cr | 0.85% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹212.22 Cr | 0.78% |
| India (Republic of) | Bond - Short-term Government Bills | ₹211.38 Cr | 0.78% |
| 08.29 MH Sdl 2025 | Bond - Gov't/Treasury | ₹209.27 Cr | 0.77% |
| 08.23 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹201.34 Cr | 0.74% |
| 08.28 KA Sdl 2026 | Bond - Gov't/Treasury | ₹197.91 Cr | 0.73% |
| Muthoot Fincorp Limited | Cash - Commercial Paper | ₹195.37 Cr | 0.72% |
| The Federal Bank Limited | Cash - CD/Time Deposit | ₹194.11 Cr | 0.71% |
| 08.24 Tn SDL 2025sep | Bond - Gov't/Treasury | ₹191.29 Cr | 0.70% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹188.99 Cr | 0.70% |
| 364 DTB 06112025 | Bond - Gov't/Treasury | ₹187.1 Cr | 0.69% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹186.99 Cr | 0.69% |
| Au Small Finance Bank Limited | Cash - CD/Time Deposit | ₹186.95 Cr | 0.69% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹186.15 Cr | 0.69% |
| Canara Bank | Bond - Gov't Agency Debt | ₹186.03 Cr | 0.69% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹185.98 Cr | 0.68% |
| Tata Capital Ltd. | Cash - Commercial Paper | ₹185.56 Cr | 0.68% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹185.52 Cr | 0.68% |
| Piramal Capital & Housing Finance Ltd. | Cash - Commercial Paper | ₹185.44 Cr | 0.68% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹164.2 Cr | 0.60% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹163.21 Cr | 0.60% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹163.09 Cr | 0.60% |
| IDBI Bank Limited | Cash - CD/Time Deposit | ₹162.98 Cr | 0.60% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹142.2 Cr | 0.52% |
| Union Bank Of India | Cash - CD/Time Deposit | ₹142.17 Cr | 0.52% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹142.08 Cr | 0.52% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹141.74 Cr | 0.52% |
| Muthoot Finance Ltd. | Cash - Commercial Paper | ₹140.52 Cr | 0.52% |
| Canara Bank | Cash - CD/Time Deposit | ₹139.93 Cr | 0.52% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹139.75 Cr | 0.51% |
| Indusind Bank Ltd. | Bond - Corporate Bond | ₹139.35 Cr | 0.51% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹139.08 Cr | 0.51% |
| Motilal Oswal Financial Services Limited | Cash - Commercial Paper | ₹138.99 Cr | 0.51% |
| Birla Group Holdings Private Limited | Cash - Commercial Paper | ₹115.78 Cr | 0.43% |
| 08.59 KA Sdl 2025 | Bond - Gov't/Treasury | ₹106.18 Cr | 0.39% |
| Mankind Pharma Limited | Cash - Commercial Paper | ₹99.29 Cr | 0.37% |
| Triparty Repo | Cash - Repurchase Agreement | ₹98.98 Cr | 0.36% |
| JSW Energy Ltd | Cash - Commercial Paper | ₹98.36 Cr | 0.36% |
| Sharekhan Limited | Cash - Commercial Paper | ₹98.33 Cr | 0.36% |
| Indusind Bank Limited | Cash - CD/Time Deposit | ₹96.76 Cr | 0.36% |
| Sharekhan Limited | Cash - Commercial Paper | ₹96.12 Cr | 0.35% |
| Sharekhan Limited | Cash - Commercial Paper | ₹95.81 Cr | 0.35% |
| Standard Chartered Capital Limited | Cash - Commercial Paper | ₹94.82 Cr | 0.35% |
| Tata Projects Limited | Cash - Commercial Paper | ₹94.56 Cr | 0.35% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹94.52 Cr | 0.35% |
| Canara Bank | Cash - CD/Time Deposit | ₹94.5 Cr | 0.35% |
| Julius Baer Capital (India) Private Limited | Bond - Corporate Bond | ₹93.88 Cr | 0.35% |
| Godrej Housing Finance Limited | Cash - Commercial Paper | ₹93.27 Cr | 0.34% |
| Hero Fincorp Limited | Cash - Commercial Paper | ₹93.26 Cr | 0.34% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹93.19 Cr | 0.34% |
| Export-Import Bank of India | Bond - Gov't Agency Debt | ₹93.16 Cr | 0.34% |
| Union Bank of India | Bond - Gov't Agency Debt | ₹93.11 Cr | 0.34% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹93.03 Cr | 0.34% |
| Bank of Baroda | Bond - Corporate Bond | ₹93.01 Cr | 0.34% |
| National Bank for Agriculture and Rural Development | Bond - Gov't Agency Debt | ₹92.94 Cr | 0.34% |
| Muthoot Finance Ltd. | Cash - Commercial Paper | ₹92.68 Cr | 0.34% |
| 364 DTB 21112025 | Bond - Gov't/Treasury | ₹90.91 Cr | 0.33% |
| 08.39 MP Sdl 2026 | Bond - Gov't/Treasury | ₹76.04 Cr | 0.28% |
| 08.15 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹72.97 Cr | 0.27% |
| SBI ALTERNATIVE INVESTMENT FUND | Mutual Fund - Open End | ₹72.53 Cr | 0.27% |
| Muthoot Finance Limited | Cash - Commercial Paper | ₹70.16 Cr | 0.26% |
| 08.21 HR UDAY 2025 | Bond - Gov't Agency Debt | ₹67.42 Cr | 0.25% |
| 07.96 GJ Sdl 2025 | Bond - Gov't/Treasury | ₹55.38 Cr | 0.20% |
| 08.38 HR Sdl 2026 | Bond - Gov't/Treasury | ₹50.68 Cr | 0.19% |
| Sharekhan Limited | Cash - Commercial Paper | ₹49.07 Cr | 0.18% |
| Nuvama Wealth And Investment Limited | Cash - Commercial Paper | ₹48.82 Cr | 0.18% |
| 08.27 MP Sdl 2025 | Bond - Gov't/Treasury | ₹48.28 Cr | 0.18% |
| Aditya Birla Finance Limited | Cash - Commercial Paper | ₹48.05 Cr | 0.18% |
| Net Current Assets/(Liabilities) | Cash - Collateral | ₹47.26 Cr | 0.17% |
| Bahadur Chand Investments Private Limited | Cash - Commercial Paper | ₹46.6 Cr | 0.17% |
| 06.90 Tn SDL 2025 | Bond - Gov't/Treasury | ₹35.05 Cr | 0.13% |
| 08.16 MH Sdl 2025 | Bond - Gov't/Treasury | ₹15.11 Cr | 0.06% |
| 07.97 Tn SDL 2025 | Bond - Gov't/Treasury | ₹5.04 Cr | 0.02% |
| 08.29 Tn SDL 2025aug | Bond - Gov't/Treasury | ₹4.68 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Cash - CD/Time Deposit | ₹13,035.51 Cr | 48.01% |
| Cash - Commercial Paper | ₹6,499.93 Cr | 23.94% |
| Bond - Gov't/Treasury | ₹3,977.77 Cr | 14.65% |
| Bond - Gov't Agency Debt | ₹1,626.89 Cr | 5.99% |
| Bond - Corporate Bond | ₹1,581.44 Cr | 5.82% |
| Bond - Short-term Government Bills | ₹211.38 Cr | 0.78% |
| Cash - Repurchase Agreement | ₹98.98 Cr | 0.36% |
| Mutual Fund - Open End | ₹72.53 Cr | 0.27% |
| Cash - Collateral | ₹47.26 Cr | 0.17% |
Risk & Performance Ratios
Standard Deviation
This fund
0.43%
Cat. avg.
0.62%
Lower the better
Sharpe Ratio
This fund
1.44
Cat. avg.
-0.03
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.26
Higher the better
Fund Managers
DA
Deepak Agrawal
Since November 2006
Manu Sharma
Since November 2022
Additional Scheme Detailsas of 15th March 2025
ISIN INF174K01MW2 | Expense Ratio 0.24% | Exit Load No Charges | Fund Size ₹27,152 Cr | Age 12 years 3 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark CRISIL Money Market TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Money Market Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y |
|---|---|---|---|---|
| Edelweiss Money Market Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1378.11 Cr | 7.0% |
| Union Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹197.96 Cr | 7.5% |
| Union Money Market Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹197.96 Cr | 6.7% |
| TRUSTMF Money Market Fund Direct Growth Low to Moderate Risk | 0.2% | 0.0% | ₹88.71 Cr | 7.6% |
| TRUSTMF Money Market Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹88.71 Cr | 7.4% |
| LIC MF Money Market Fund Direct Growth Low Risk | 0.6% | 0.0% | ₹19.94 Cr | 6.4% |
| LIC MF Money Market Fund Regular Growth Low Risk | 1.0% | 0.0% | ₹19.94 Cr | 5.9% |
| Tata Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹26845.19 Cr | 7.7% |
| Franklin India Money Market Fund Regular Growth Low to Moderate Risk | 0.3% | 0.0% | ₹2599.25 Cr | 7.7% |
| HDFC Money Market Fund Regular Growth Low to Moderate Risk | 0.4% | 0.0% | ₹27929.77 Cr | 7.7% |
About the AMC
Kotak Mahindra Mutual Fund
Total AUM
₹5,09,747 Cr
Address
2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051
Other Funds by Kotak Mahindra Mutual Fund
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Kotak Money Market Scheme Direct Growth?
The NAV of Kotak Money Market Scheme Direct Growth, as of 27-Mar-2025, is ₹4436.09.
What are the returns of Kotak Money Market Scheme Direct Growth?
The fund has generated 7.81% over the last 1 year and 7.04% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Kotak Money Market Scheme Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 27.00% in bonds, and 72.74% in cash and cash equivalents.
Who manages the Kotak Money Market Scheme Direct Growth?
The fund managers responsible for Kotak Money Market Scheme Direct Growth are:-
- Deepak Agrawal
- Manu Sharma
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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
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