Kotak Corporate Bond Fund vs Kotak Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Kotak Corporate Bond Fund is a Corporate Bond fund and Kotak Short Term Fund is a Short Duration fund. In the 3 years to 30-10-2026, Kotak Corporate Bond Fund (Direct) returned 7.1% a year and Kotak Short Term Fund (Direct) returned 7.2% a year. Kotak Corporate Bond Fund charges 0.36% a year and Kotak Short Term Fund 0.38% (Direct plans). Their portfolios overlap 49.2%: they hold 54 of the same securities.
Kotak Corporate Bond Fund
Corporate Bond
- 3 year return
- 7.1%
- Expense ratio
- 0.36%
- NAV
- ₹4,190.39
Kotak Short Term Fund
Short Duration
- 3 year return
- 7.2%
- Expense ratio
- 0.38%
- NAV
- ₹61.26
Which is better, Kotak Corporate Bond or Kotak Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak Short Term returned more over 5 years: 6.3% a year against 6.3%.
- Kotak Short Term returned more over 3 years: 7.2% a year against 7.1%.
- Kotak Corporate Bond costs less: 0.36% a year against 0.38% (Direct plans).
- Kotak Short Term swung less over 3 years: a standard deviation of 1.0% a year against 1.1%.
- Kotak Corporate Bond fell less in its worst fall since 02-02-2015: −1.9% against −2.2%.
- Kotak Corporate Bond is the larger fund: ₹14,791 Cr against ₹14,241 Cr.
- Their portfolios overlap 49.2%: 54 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Kotak Corporate Bond Fund | Kotak Short Term Fund |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Kotak Mahindra Mutual Fund |
| Category | Corporate Bond | Short Duration |
| AUM | ₹14,791 Cr (30-09-2026) | ₹14,241 Cr (30-09-2026) |
| NAV | ₹4,190.39 (Direct) | ₹61.26 (Direct) |
| Expense ratio (Direct) | 0.36% | 0.38% |
| Expense ratio (Regular) | 0.69% | 1.12% |
| Riskometer | Moderate | Moderate |
| Benchmark | NIFTY Corporate Bond Index A-II | NIFTY Short Duration Debt Index A-II |
| Launch date | 21-09-2007 | 02-05-2002 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Deepak Agrawal, Manu Sharma | Deepak Agrawal, Abhishek Bisen |
| Exit load | Nil | Nil |
Kotak Corporate Bond vs Kotak Short Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Kotak Corporate Bond Fund (Direct) | −0.26% | −0.07% | +2.21% | +3.84% | +7.11% | +6.31% | +7.14% |
| Kotak Short Term Fund (Direct) | −0.17% | +0.25% | +2.38% | +4.35% | +7.23% | +6.35% | +7.16% |
| Corporate Bond average | −0.24% | +0.05% | +2.31% | +4.00% | +7.02% | +6.20% | +6.98% |
| Short Duration average | −0.14% | +0.30% | +2.50% | +4.11% | +6.88% | +6.62% | +6.89% |
Category average: the average of the 21 Corporate Bond funds and the 25 Short Duration funds, same plan type.
Kotak Corporate Bond vs Kotak Short Term: Year-wise Returns
| Year | Corporate BondKotak Corporate Bond | Short TermKotak Short Term |
|---|---|---|
| 2026to date | +3.08% | +3.54% |
| 2025 | +8.18% | +8.09% |
| 2024 | +8.64% | +8.56% |
| 2023 | +7.23% | +7.31% |
| 2022 | +4.05% | +3.85% |
| 2021 | +4.14% | +4.13% |
Kotak Corporate Bond vs Kotak Short Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 2,113 of them, one for each trading day from 02-02-2018 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Kotak Corporate Bond Fund (Direct)
Kotak Short Term Fund (Direct)
to
Oct 2018Apr 2017
to
Apr 2020Oct 2018
to
Oct 2021Mar 2020
to
Mar 2023Sept 2021
to
Sept 2024Feb 2023
to
Feb 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Kotak Corporate Bond | 0.0 | 0.2 | 99.8 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 8.0% | 5.0% | 9.3% |
| Kotak Short Term | 0.0 | 1.1 | 98.9 | 0.0 | 0.0 | 0.0 | 0.0 | 7.5% | 7.9% | 4.9% | 9.5% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 02-02-2015. Past returns do not promise future returns.
Kotak Corporate Bond vs Kotak Short Term: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 02-02-2015 to 30-10-2026: 141 instalments, ₹14,10,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak Corporate BondKotak Corporate Bond Fund (Direct) | ₹14,10,000 | ₹21,53,779 | ₹7,43,779 | 7.0% |
| Kotak Short TermKotak Short Term Fund (Direct) | ₹14,10,000 | ₹21,69,078 | ₹7,59,078 | 7.1% |
Kotak Corporate BondKotak Corporate Bond Fund (Direct)
Kotak Short TermKotak Short Term Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Kotak Corporate Bond vs Kotak Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak Corporate Bond Fund (Direct) | Kotak Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +3.84% | +4.35% |
| Standard deviation | 1.35% | 1.13% |
| Sharpe ratio | -1.04 | -0.79 |
| Sortino ratio | -1.40 | -1.09 |
| Maximum drawdown | −0.7% (23-10-2026) | −0.5% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Corporate Bond Fund (Direct) | Kotak Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.11% | +7.23% |
| Standard deviation | 1.10% | 0.95% |
| Sharpe ratio | 0.98 | 1.27 |
| Sortino ratio | 1.44 | 1.93 |
| Maximum drawdown | −0.7% (23-10-2026) | −0.5% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Corporate Bond Fund (Direct) | Kotak Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.31% | +6.35% |
| Standard deviation | 1.04% | 0.99% |
| Sharpe ratio | 0.49 | 0.56 |
| Sortino ratio | 0.68 | 0.77 |
| Maximum drawdown | −1.0% (06-05-2022) | −1.3% (06-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Kotak Corporate Bond Fund (Direct) | Kotak Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.40% | +7.81% |
| Standard deviation | 1.12% | 1.43% |
| Sharpe ratio | 1.56 | 1.23 |
| Sortino ratio | 2.50 | 1.80 |
| Maximum drawdown | −1.9% (24-03-2020) | −3.0% (19-08-2013) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 02-02-2015 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Kotak Corporate Bond Fund (Direct)
Kotak Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak Corporate Bond Fund (Direct) | −1.9% | 06-03-2020 | 24-03-2020 | 30-03-2020 | 6 days | −0.6% |
| Kotak Short Term Fund (Direct) | −2.2% | 06-03-2020 | 23-03-2020 | 17-04-2020 | 25 days | −0.3% |
From daily values since 02-02-2015, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Corporate Bond Fund (Direct)
Kotak Short Term Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Corporate Bond Fund (Direct)
Kotak Short Term Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Kotak Corporate Bond Fund (Direct)
Kotak Short Term Fund (Direct)
Kotak Corporate Bond vs Kotak Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak Corporate Bond Fund, September 2026; Kotak Short Term Fund, September 2026
Holdings in common
- Overlap
- 49.2%
- Held by both
- 54
- Only in Kotak Corporate Bond
- 48
- Only in Kotak Short Term
- 38
| Security | % of Kotak Corporate Bond | % of Kotak Short Term |
|---|---|---|
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | 3.37% | 4.23% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 3.18% | 2.78% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | 3.53% | 2.72% |
| BAJAJ FINANCE LTD. | 2.94% | 2.21% |
| KNOWLEDGE REALTY TRUST(^) | 2.00% | 2.08% |
| HOUSING & URBAN DEVELOPMENT CORPORATION LTD. | 1.66% | 1.73% |
| Central Government - 2066 | 1.59% | 1.65% |
| LIC HOUSING FINANCE LTD.(^) | 1.42% | 3.47% |
| NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT | 1.56% | 1.35% |
| BAJAJ HOUSING FINANCE LTD. | 1.33% | 1.38% |
| EMBASSY OFFICE PARKS REIT | 1.32% | 1.37% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 1.32% | 1.37% |
| REC LTD | 1.31% | 1.36% |
| NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT | 1.31% | 2.66% |
| PTC INDIA UNIVERSAL TRUST AL1 (SERIES A3) 20/09/2030(INDIA UNIVERSAL TRUST AL1) | 1.13% | 1.27% |
| PTC SHIVSHAKTI SECURITISATION TRUST 28/09/2029(SHIVSHAKTI TRUST) | 1.13% | 1.07% |
| PTC SIDDHIVINAYAK SECURITISATION TRUST 28/09/2030(SIDDHIVINAYAK TRUST) | 1.10% | 1.07% |
| Power Finance Corporation Ltd. | 1.29% | 1.01% |
| L&T METRO RAIL (HYDERABAD) LTD ( Axis Trusteeship services Ltd . Guaranteed by Larsen & Toubro Limited.) | 1.17% | 1.01% |
| INDIAN BANK | 1.13% | 1.01% |
| ADITYA BIRLA CAPITAL LTD | 1.01% | 1.05% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 1.00% | 1.04% |
| Central Government - 2065 | 1.08% | 0.94% |
| Karnataka State Govt - 2036 - Karnataka | 2.37% | 0.81% |
| TATA CAPITAL LTD. | 1.01% | 0.70% |
| NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT | 1.04% | 0.68% |
| Power Finance Corporation Ltd. | 0.68% | 3.33% |
| SMFG INDIA CREDIT CO. LTD. | 0.68% | 0.70% |
| Mahindra & Mahindra Financial Services Ltd. | 0.68% | 0.70% |
| TATA CAPITAL HOUSING FINANCE LTD. | 0.67% | 0.69% |
| BROOKFIELD REIT | 0.67% | 2.76% |
| VERTIS INFRASTRUCTURE TRUST - NCDS | 0.67% | 0.69% |
| ADITYA BIRLA CAPITAL LTD | 0.66% | 0.69% |
| ONGC PETRO ADDITIONS LTD. | 0.65% | 0.68% |
| Maharashtra State Govt - 2035 - Maharashtra | 0.60% | 0.62% |
| BHARTI TELECOM LTD. | 1.33% | 0.52% |
| MINDSPACE BUSINESS PARKS REIT | 0.50% | 2.83% |
| Karnataka State Govt - 2036 - Karnataka | 0.49% | 0.51% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 0.41% | 1.33% |
| PTC INDIA UNIVERSAL TRUST AL2 (SERIES A3) 21/11/2030(INDIA UNIVERSAL TRUST AL2) | 0.58% | 0.39% |
| SBI ALTERNATIVE INVESTMENT FUND | 0.37% | 0.37% |
| JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group ) | 1.35% | 0.35% |
| ADITYA BIRLA CAPITAL LTD | 1.01% | 0.35% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 1.00% | 0.35% |
| Tamil Nadu State Govt - 2033 - Tamil Nadu | 0.49% | 0.34% |
| LIC HOUSING FINANCE LTD. | 0.34% | 1.05% |
| Hindustan Zinc Ltd. | 0.34% | 0.70% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA | 0.34% | 0.35% |
| INDIGRID INFRASTRUCTURE TRUST | 0.33% | 0.34% |
| AXIS BANK LTD. | 0.33% | 0.62% |
| Maharashtra State Govt - 2033 - Maharashtra | 0.22% | 0.23% |
| TATA CAPITAL LTD. | 0.07% | 0.70% |
| PTC SANSAR TRUST (SERIES A1) 25/06/2030 ( MAT 31/08/2027)(SANSAR TRUST) | 0.18% | 0.04% |
| PTC SANSAR TRUST (AUGUST 24 V) 25/09/2029(SANSAR TRUST) | 0.03% | 0.02% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 49.2% means 49.2% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Kotak Corporate Bond Fund
| Security | % of fund |
|---|---|
| Power Finance Corporation Ltd. | 2.64% |
| Mahindra & Mahindra Financial Services Ltd. | 2.02% |
| Larsen and Toubro Ltd. | 1.84% |
| Power Finance Corporation Ltd. | 1.78% |
| PIPELINE INFRASTRUCTURE LIMITED | 1.68% |
Largest holdings only in Kotak Short Term Fund
| Security | % of fund |
|---|---|
| BAJAJ FINANCE LTD. | 2.46% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^) | 2.13% |
| BHARTI TELECOM LTD. | 1.89% |
| CUBE HIGHWAYS TRUST | 1.71% |
| Karnataka State Govt - 2035 - Karnataka | 1.46% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak Corporate Bond | Kotak Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 93.4% | 91.9% |
| Cash and others | 6.6% | 8.1% |
Kotak Corporate Bond vs Kotak Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak Corporate Bond Fund | Kotak Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.36% | 0.38% |
| Base expense ratio (Direct) | 0.31% | 0.33% |
| Total expense ratio (Regular) | 0.69% | 1.12% |
| Base expense ratio (Regular) | 0.59% | 0.95% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Kotak Corporate Bond with
Kotak Corporate Bond Fund vs Kotak Short Term Fund: Frequently Asked Questions
What is the difference between Kotak Corporate Bond Fund and Kotak Short Term Fund?
Kotak Corporate Bond Fund is a Corporate Bond fund, Kotak Short Term Fund is a Short Duration fund, run by Kotak Mahindra Mutual Fund. Their portfolios overlap 49.2%. Kotak Corporate Bond Fund charges 0.36% a year and Kotak Short Term Fund 0.38%.
Which has given higher returns, Kotak Corporate Bond Fund or Kotak Short Term Fund?
Over 1 year: Kotak Corporate Bond Fund +3.84%, Kotak Short Term Fund +4.35%. Over 3 years: Kotak Corporate Bond Fund +7.11% a year, Kotak Short Term Fund +7.23% a year. Over 5 years: Kotak Corporate Bond Fund +6.31% a year, Kotak Short Term Fund +6.35% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak Corporate Bond Fund or Kotak Short Term Fund?
Kotak Corporate Bond Fund charges less: 0.36% a year against 0.38%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak Corporate Bond Fund and Kotak Short Term Fund overlap?
49.2%. They hold 54 of the same securities, the largest shared ones being NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT, SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA, NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT. From each fund's latest monthly portfolio.
Which is riskier, Kotak Corporate Bond Fund or Kotak Short Term Fund?
On SEBI's riskometer, Kotak Corporate Bond Fund is rated Moderate and Kotak Short Term Fund Moderate. Over 3 years, the standard deviation of daily returns was 1.10% and 0.95% a year.
Which is better for SIP, Kotak Corporate Bond Fund or Kotak Short Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,21,097 in Kotak Corporate Bond Fund (XIRR 6.5% a year) and ₹7,23,482 in Kotak Short Term Fund (XIRR 6.7% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Kotak Corporate Bond Fund and Kotak Short Term Fund?
Yes. 49.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
Who manages Kotak Corporate Bond Fund and Kotak Short Term Fund?
Kotak Corporate Bond Fund: Deepak Agrawal, Manu Sharma. Kotak Short Term Fund: Deepak Agrawal, Abhishek Bisen.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.