Kotak Floating Rate Fund Direct Growth

Kotak Floating Rate Fund Direct Growth

Debt

Kotak Mutual Fund

Floating Rate

Get the latest NAV of Kotak Floating Rate Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹1565.82

▲0.1%1D

NAV as on 14 Aug 2025

7.43%/per year

Since Inception

Absolute Gain%

▲▼

55 people have invested ₹ 25.3L in Kotak Floating Rate Fund Direct Growth in the last three months

Kotak Floating Rate Fund Performance vs. Floating Rate Index

Fund returns vs Benchmark returns vs Category Average returns as on (14-Aug-25)

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.48%
2.08%
4.98%
9.29%
8.26%
6.85%
Floating Rate Avg
0.25%
1.43%
4.41%
8.32%
7.83%
6.35%
Best in Floating Rate
0.49%
2.1%
5.13%
9.22%
8.78%
7.2%
Worst in Floating Rate
-0.59%
-0.04%
4.06%
7.79%
7.38%
6.03%
Category Rank
3/8
5/8
4/8
5/8
7/10
--

Kotak Floating Rate Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

3
/8
71% Performance
59% Risk Management
91% Cost

Ranked 3 out of 8 mutual funds in the floating rate category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
Kotak Floating Rate Fund
3/8
3,127Cr
0.25%
9.29%
8.26%
-0.24
6.36
2.15
8.50
2.01
HDFC Floating Rate Debt Fund Direct Growth
1/8
15,497Cr
0.26%
8.69%
8.3%
0.15
5.09
2.47
10.05
2.32
Aditya Birla Sun Life Floating Rate Fund Direct Growth
2/8
13,620Cr
0.22%
8.47%
7.92%
-0.09
4.52
2.55
14.73
2.33
ICICI Prudential Floating Interest Fund Direct Growth
4/8
7,555Cr
0.55%
8.64%
8.81%
0.91
4.01
2.27
7.49
2.15
See all

Kotak Floating Rate Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Kotak Floating Rate Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Debt & Cash 99.5%

AAA
85.5%
AA
14.5%
Cash allocation has gone up from 1.5% to 2.1%
Cash allocation has gone up from 1.5% to 2.1%
Debt allocation has gone down from 98% to 97.4%
Debt allocation has gone down from 98% to 97.4%

Kotak Floating Rate Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Debt & Cash 99.5%

Corporate
49.7%
Government
46.8%
Cash Equivalent
3.5%

Top 2 Sectors in July were Corporate, Government

Jul'25

Corporate

62%

Government

36%

Jun'25

Corporate

60%

Government

38%

Kotak Floating Rate Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.25%
Benchmark
Nifty Short Duration Debt TR INR
AUM₹3127 Cr
Inception Date14 May, 2019
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
102.59%
Risk
Risk meter
pointer
Low to Moderate Risk

About Kotak Floating Rate Fund

Kotak Floating Rate Fund Direct Growth is a debt fund. This fund was started on 14 May, 2019. The fund is managed by Manu Sharma, Deepak Agrawal. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Floating Rate Fund Direct Growth has ₹3127 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

Kotak Floating Rate Fund Direct Growth has given a CAGR return of 7.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.29%, 8.26% and 6.85% respectively.

Holdings

Kotak Floating Rate Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 6.99% Govt Stock 2034, 6.63% Govt Stock 2031, Pipeline Infrastructure Limited, Bajaj Finance Limited, Jubilant Bevco Limited

Taxation

As it is a floating rate mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of Kotak Floating Rate Fund Direct Growth

The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments. However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Kotak Floating Rate Fund Direct Growth has no lock in period.

Fund Manager

Manu Sharma

Fund Manager of Kotak Floating Rate Fund Direct Growth, since 1 November 2022

Deepak Agrawal

Fund Manager of Kotak Floating Rate Fund Direct Growth, since 14 May 2019

Learn more about Kotak Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 3.1K Cr
₹ 3.2K Cr
₹ 3.3K Cr
  • AUM of the fund stands at 3.1K Cr as of Jul'25
  • AUM decreased by 102.1 Cr between Jul'25 and Jun'25

Frequently Asked Questions for Kotak Floating Rate Fund Direct Growth

How do I invest in Kotak Floating Rate Fund?

INDmoney makes it simple to invest in the Kotak Floating Rate Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘Kotak Floating Rate Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of Kotak Floating Rate Fund?

The NAV of the fund today is ₹1565.82. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

Kotak Floating Rate Fund fund has generated a return of 9.29% in 1 year, 8.26% in 3 years, 6.85% in 5 years.

Who is the fund manager of Kotak Floating Rate Fund?

The fund managers are Manu Sharma, Deepak Agrawal.

What is the expense ratio of the fund?

The expense ratio is 0.25%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹3127 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of Kotak Floating Rate Fund?

The top 3 holdings of the fund are 6.99% Govt Stock 2034(21.09%), 6.63% Govt Stock 2031(11.18%), Pipeline Infrastructure Limited(5.44%)