Kotak FMP Series 300 vs Nippon India Fixed Maturity Plan - XLV - Series 4
Direct Plan, Growth option · Data as on 15-04-2026
Kotak FMP Series 300 is a Debt fund and Nippon India Fixed Maturity Plan - XLV - Series 4 is a mutual fund. In the 3 years to 15-04-2026, Kotak FMP Series 300 (Direct) returned 7.1% a year and Nippon India Fixed Maturity Plan - XLV - Series 4 (Direct) returned 7.2% a year. Kotak FMP Series 300 charges 0.11% a year and Nippon India Fixed Maturity Plan - XLV - Series 4 0.07% (Direct plans). Their portfolios overlap 97.2%: they hold 1 of the same security.
Kotak FMP Series 300 is closed. It has not published a NAV since 15-04-2026. Its figures stop there.
Nippon India Fixed Maturity Plan - XLV - Series 4 is closed. It has not published a NAV since 10-04-2026. Its figures stop there.
Nippon India Fixed Maturity Plan - XLV - Series 4
- 3 year return
- 7.2%
- Expense ratio
- 0.07%
- NAV
- ₹12.36
Which is better, Kotak FMP Series 300 or Nippon India Fixed Maturity Plan - XLV - Series 4? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Nippon India Fixed Maturity Plan - XLV - Series 4 returned more over 3 years: 7.2% a year against 7.1%.
- Nippon India Fixed Maturity Plan - XLV - Series 4 returned more over 1 year: 6.2% against 6.1%.
- Nippon India Fixed Maturity Plan - XLV - Series 4 costs less: 0.07% a year against 0.11% (Direct plans).
- Kotak FMP Series 300 swung less over 3 years: a standard deviation of 0.7% a year against 0.7%.
- Kotak FMP Series 300 fell less in its worst fall since 31-03-2023: −0.2% against −0.3%.
- Kotak FMP Series 300 is the larger fund: ₹262 Cr against ₹121 Cr.
- Their portfolios overlap 97.2%: 1 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 FMP Series 300 | Nippon India Fixed Maturity Plan - XLV - Series 4 |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Nippon India Mutual Fund |
| Category | Debt | Not available |
| AUM | ₹262 Cr (31-03-2026) | ₹121 Cr (31-03-2026) |
| NAV | ₹12.58 (Direct) | ₹12.36 (Direct) |
| Expense ratio (Direct) | 0.11% | 0.07% |
| Expense ratio (Regular) | 0.21% | 0.28% |
| Riskometer | Low | Not available |
| Benchmark | NIFTY Ultra Short Duration Debt Index | Not available |
| Launch date | 09-12-2022 | Not available |
| Minimum investment | ₹5,000 | Not available |
| Lock in | None | Not available |
| Fund managers | Deepak Agrawal | Not available |
| Exit load | Nil | Not available |
Kotak FMP Series 300 vs Nippon India Fixed Maturity Plan - XLV - Series 4: Returns Comparison
Returns as on 15-04-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Kotak FMP Series 300 (Direct) | +0.50% | +1.32% | +2.77% | +6.11% | +7.12% | -- | -- |
| Nippon India Fixed Maturity Plan - XLV - Series 4 (Direct) | +0.50% | +1.33% | +2.80% | +6.16% | +7.18% | -- | -- |
Kotak FMP Series 300 vs Nippon India Fixed Maturity Plan - XLV - Series 4: Year-wise Returns
| Year | Kotak FMP Series 300Kotak FMP Series 300 | Nippon India Fixed Maturity Plan - XLV - Series 4Nippon India Fixed Maturity Plan - XLV - Series 4 |
|---|---|---|
| 2026to date | +1.54% | +1.56% |
| 2025 | +7.15% | +7.22% |
| 2024 | +7.78% | +7.85% |
| 2023 | +6.99% | -- |
Kotak FMP Series 300 vs Nippon India Fixed Maturity Plan - XLV - Series 4: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 492 of them, one for each trading day from 31-03-2024 to 15-04-2026: 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 FMP Series 300 (Direct)
Nippon India Fixed Maturity Plan - XLV - Series 4 (Direct)
to
May 2024Oct 2023
to
Oct 2024Feb 2024
to
Feb 2025Jun 2024
to
Jun 2025Oct 2024
to
Oct 2025Feb 2025
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 FMP Series 300 | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.6% | 7.7% | 6.1% | 8.6% |
| Nippon India Fixed Maturity Plan - XLV - Series 4 | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.7% | 7.8% | 6.2% | 8.7% |
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 31-03-2023. Past returns do not promise future returns.
Kotak FMP Series 300 vs Nippon India Fixed Maturity Plan - XLV - Series 4: 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 01-03-2023 to 15-04-2026: 38 instalments, ₹3,80,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak FMP Series 300Kotak FMP Series 300 (Direct) | ₹3,80,000 | ₹4,23,472 | ₹43,472 | 7.0% |
| Nippon India Fixed Maturity Plan - XLV - Series 4Nippon India Fixed Maturity Plan - XLV - Series 4 (Direct) | ₹3,80,000 | ₹4,23,645 | ₹43,645 | 7.0% |
Kotak FMP Series 300Kotak FMP Series 300 (Direct)
Nippon India Fixed Maturity Plan - XLV - Series 4Nippon India Fixed Maturity Plan - XLV - Series 4 (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 FMP Series 300 vs Nippon India Fixed Maturity Plan - XLV - Series 4: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak FMP Series 300 (Direct) | Nippon India Fixed Maturity Plan - XLV - Series 4 (Direct) |
|---|---|---|
| Return (CAGR) | +6.11% | +6.16% |
| Standard deviation | 0.35% | 0.35% |
| Sharpe ratio | 1.98 | 2.12 |
| Sortino ratio | 3.64 | 3.92 |
| Maximum drawdown | −0.1% (23-09-2025) | −0.1% (23-09-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 15-04-2025 to 15-04-2026. 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 FMP Series 300 (Direct) | Nippon India Fixed Maturity Plan - XLV - Series 4 (Direct) |
|---|---|---|
| Return (CAGR) | +7.12% | +7.18% |
| Standard deviation | 0.68% | 0.69% |
| Sharpe ratio | 1.19 | 1.26 |
| Sortino ratio | 1.85 | 1.97 |
| Maximum drawdown | −0.2% (06-10-2023) | −0.3% (06-10-2023) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 13-04-2023 to 15-04-2026. 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 FMP Series 300 (Direct) | Nippon India Fixed Maturity Plan - XLV - Series 4 (Direct) |
|---|---|---|
| Return (CAGR) | +7.07% | +7.22% |
| Standard deviation | 0.85% | 0.71% |
| Sharpe ratio | 0.88 | 1.30 |
| Sortino ratio | 1.38 | 2.09 |
| Maximum drawdown | −0.5% (28-02-2023) | −0.3% (06-10-2023) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 15-12-2022 to 15-04-2026. 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 FMP Series 300 (Direct)
Nippon India Fixed Maturity Plan - XLV - Series 4 (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak FMP Series 300 (Direct) | −0.2% | 25-09-2023 | 06-10-2023 | 17-10-2023 | 11 days | 0.0% |
| Nippon India Fixed Maturity Plan - XLV - Series 4 (Direct) | −0.3% | 25-09-2023 | 06-10-2023 | 20-10-2023 | 14 days | 0.0% |
From daily values since 31-03-2023, 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 FMP Series 300 (Direct)
Nippon India Fixed Maturity Plan - XLV - Series 4 (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 FMP Series 300 (Direct)
Nippon India Fixed Maturity Plan - XLV - Series 4 (Direct)
Kotak FMP Series 300 vs Nippon India Fixed Maturity Plan - XLV - Series 4: Portfolio Overlap
From each fund's latest monthly portfolio: Kotak FMP Series 300, March 2026; Nippon India Fixed Maturity Plan - XLV - Series 4, March 2026
Holdings in common
- Overlap
- 97.2%
- Held by both
- 1
- Only in Kotak FMP Series 300
- 0
- Only in Nippon India Fixed Maturity Plan - XLV - Series 4
- 1
| Security | % of Kotak FMP Series 300 | % of Nippon India Fixed Maturity Plan - XLV - Series 4 |
|---|---|---|
| GS 5.63% CG 12/04/2026 - (STRIPS) | 99.07% | 97.24% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 97.2% means 97.2% 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 FMP Series 300
Every holding of this fund is also held by the other.
Largest holdings only in Nippon India Fixed Maturity Plan - XLV - Series 4
| Security | % of fund |
|---|---|
| GOI Strips (MD 12/04/2026 ) | 2.70% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak FMP Series 300 | Nippon India Fixed Maturity Plan - XLV - Series 4 |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 99.1% | 99.9% |
| Cash and others | 0.9% | 0.1% |
Kotak FMP Series 300 vs Nippon India Fixed Maturity Plan - XLV - Series 4: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak FMP Series 300 | Nippon India Fixed Maturity Plan - XLV - Series 4 |
|---|---|---|
| Total expense ratio (Direct) | 0.11% | 0.07% |
| Base expense ratio (Direct) | 0.08% | 0.05% |
| Total expense ratio (Regular) | 0.21% | 0.28% |
| Base expense ratio (Regular) | 0.17% | 0.23% |
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.
Kotak FMP Series 300 vs Nippon India Fixed Maturity Plan - XLV - Series 4: Frequently Asked Questions
What is the difference between Kotak FMP Series 300 and Nippon India Fixed Maturity Plan - XLV - Series 4?
Kotak FMP Series 300 is a Debt fund, Nippon India Fixed Maturity Plan - XLV - Series 4 is a mutual fund, run by Kotak Mahindra Mutual Fund and Nippon India Mutual Fund. Their portfolios overlap 97.2%. Kotak FMP Series 300 charges 0.11% a year and Nippon India Fixed Maturity Plan - XLV - Series 4 0.07%.
Which has given higher returns, Kotak FMP Series 300 or Nippon India Fixed Maturity Plan - XLV - Series 4?
Over 1 year: Kotak FMP Series 300 +6.11%, Nippon India Fixed Maturity Plan - XLV - Series 4 +6.16%. Over 3 years: Kotak FMP Series 300 +7.12% a year, Nippon India Fixed Maturity Plan - XLV - Series 4 +7.18% a year. As on 15-04-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak FMP Series 300 or Nippon India Fixed Maturity Plan - XLV - Series 4?
Nippon India Fixed Maturity Plan - XLV - Series 4 charges less: 0.07% a year against 0.11%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak FMP Series 300 and Nippon India Fixed Maturity Plan - XLV - Series 4 overlap?
97.2%. They hold 1 of the same securities, the largest shared ones being GS 5.63% CG 12/04/2026 - (STRIPS). From each fund's latest monthly portfolio.
Which is better for SIP, Kotak FMP Series 300 or Nippon India Fixed Maturity Plan - XLV - Series 4?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-04-2023 to 15-04-2026 grew to ₹4,10,950 in Kotak FMP Series 300 (XIRR 7.0% a year) and ₹4,11,282 in Nippon India Fixed Maturity Plan - XLV - Series 4 (XIRR 7.0% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Kotak FMP Series 300 and Nippon India Fixed Maturity Plan - XLV - Series 4?
Yes. 97.2% of each fund's money sits in the same holdings, so a large part of the two investments would move together.
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.