Kotak Savings Fund Direct Growth

Kotak Savings Fund Direct Growth

NAV as on 23-04-2025

₹ 44.35

Inception Returns

7.5%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
335 people have invested ₹ 27.1L in Kotak Savings Fund Direct Growth in the last three months

About Kotak Savings Fund Direct Growth

Kotak Savings Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Deepak Agrawal. This fund is suitable to keep your money safe.

Key Parameters

  1. Kotak Savings Fund Direct Growth has ₹11873 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Kotak Savings Fund Direct Growth has given a CAGR return of 7.47% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.84%, 7.08% and 6.05% respectively.

Holdings

Kotak Savings Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Cash Equivalent, Consumer Cyclical, Government. Its top holdings are 182 DTB 15052025, Small Industries Development Bank Of India, Rural Electrification Corporation Limited, Indian Bank, Canara Bank

Taxation

As it is a ultra short duration 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 Savings Fund Direct Growth

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.

Minimum Investment and lockin period

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

Kotak Savings Fund Direct Growth Overview

Expense ratio0.36%
Benchmark
NIFTY Ultra Short Duration Debt TR INR
AUM₹11873 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
207.37%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (23-Apr-25)

Period
Kotak Savings Fund Direct Growth
Ultra Short Duration Index
1M
1.1%
0.8%
3M
2.2%
1.8%
6M
4%
3.3%
1Y
7.8%
6.8%
3Y
7.1%
6.4%
5Y
6%
5.5%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
90.3%

AA
9.7%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Corporate
57.3%
Cash Equivalent
25.4%
Government
17.3%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 11.9K Cr
₹ 12.7K Cr
₹ 13.2K Cr
  • AUM of the fund stands at 11.9K Cr as of Mar'25
  • AUM decreased by 853.5 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Bharti Telecom Limited's allocation increased from 0.83% to 1.08%
Bharti Telecom Limited's allocation increased from 0.83% to 1.08%
Cholamandalam Investment And Finance Company Limited's allocation increased from 0.77% to 0.87%
Cholamandalam Investment And Finance Company Limited's allocation increased from 0.77% to 0.87%
Top Stocks sold last month
Bharti Telecom Limited's allocation decreased from 5.26 % to 1.62 %
Bharti Telecom Limited's allocation decreased from 5.26 % to 1.62 %
LIC Housing Finance Ltd's allocation decreased from 2.14 % to 1.25 %
LIC Housing Finance Ltd's allocation decreased from 2.14 % to 1.25 %
LIC Housing Finance Limited's allocation decreased from 5.26 % to 1.08 %
LIC Housing Finance Limited's allocation decreased from 5.26 % to 1.08 %
Cash allocation has gone down from 65.4% to 61.7%
Cash allocation has gone down from 65.4% to 61.7%
Debt allocation has gone up from 34.3% to 38%
Debt allocation has gone up from 34.3% to 38%

Top 3 Sectors in March were Financial Services, Corporate & Consumer Cyclical

Mar'25
Financial Services
78%
Corporate
57%
Consumer Cyclical
22%
Feb'25
Financial Services
78%
Corporate
55%
Consumer Cyclical
22%
  • Debt & Cash

Holdings
Weight%
1M Change
182 DTB 15052025
182 DTB 15052025
3.71%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.57%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
3.56%
0%
Indian Bank
Indian Bank
3.54%
0%
Canara Bank
Canara Bank
3.53%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
Kotak Savings Fund Direct Growth
Kotak Savings Fund Direct Growth
7.84%
7.08%
6.05%
7.47%
Aditya Birla Sun Life Savings Fund Direct Plan Growth
Aditya Birla Sun Life Savings Fund Direct Plan Growth
8.19%
7.26%
6.45%
7.78%
Nippon India Ultra Short Duration Fund Direct Growth Option
Nippon India Ultra Short Duration Fund Direct Growth Option
8.14%
7.41%
7.28%
7.24%
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
ICICI Prudential Ultra Short Term Fund Direct Plan Growth
7.95%
7.24%
6.51%
8.07%
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Deepak Agrawal
Deepak Agrawal
Fund Manager of Kotak Savings Fund Direct Growth, since 15 April 2008
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Kotak Money Market Direct Growth
7.25%
6.62%
Kotak Liquid Fund Growth Direct
6.87%
6.43%
Kotak Bond Short Term Plan Direct Growth
7.64%
6.85%
Fund House
Kotak Mahindra Asset Management Co Ltd
Total Schemes
Total AUM
₹4.57L Cr
as on 31-Mar-2025
Address
Kotak Mahindra Asset management Company Limited,2nd Floor, 12-BKC, Plot No C-12,G Block, BKC, Bandra (East),Mumbai - 400 051
Phone
91-22-40930000
Website
fundaccops@kotakmutual.com

Mutual Fund Insights

Insights icon
In the last 5 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.28% return, outperforming this fund by 1.23% per annum.
Insights icon
In the last 1 year, Aditya Birla Sun Life Savings Fund Direct Plan Growth has given 8.19% return, outperforming this fund by 0.35%.
Insights icon
Over the last 3 months, this fund has experienced a 14.9% drop in AUM moving from 13.94K Cr to 11.87K Cr.
Insights icon
This fund has one of the lowest expense ratio in the category (ultra short duration). Its expense ratio is 0.36% which is lower than the category average expense ratio of 0.56%.
Insights icon
In the last 3 years, Nippon India Ultra Short Duration Fund Direct Growth Option has given 7.41% return, outperforming this fund by 0.33% per annum.

Kotak Savings Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.47% since inception which is less than its category average return of 7.85%
AUM size ₹11873 Cr

AUM size ₹11873 Cr

This fund has AUM of ₹11873 Cr which is more than its category average of ₹ 3837 Cr
Expense Ratio 0.36%

Expense Ratio 0.36%

This fund has an expense ratio of 0.36% which is less than its category average expense ratio of 0.62%

Frequently Asked Questions for Kotak Savings Fund Direct Growth

The current NAV of Kotak Savings Fund Direct Growth is ₹44.35 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
Kotak Savings Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.05%
1.05%
6 Month Returns
4%
4%
1 Year Returns
7.84%
7.84%
3 Years Returns
22.79%
7.08%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.36% as on March 2025
₹11873 Cr as on March 2025
182 DTB 15052025(3.71%), Small Industries Development Bank Of India(3.57%), Rural Electrification Corporation Limited(3.56%), Indian Bank(3.54%), Canara Bank(3.53%) as on March 2025
Corporate(57.85%), Cash Equivalent(25.13%), Government(17.02%) as on March 2025
Yield to Maturity is 7.32 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.51 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
90.35
AA
9.65
Deepak Agrawal is the fund manager of Kotak Savings Fund Direct Growth
The Exit load of Kotak Savings Fund Direct Growth is 0%