Kotak FMP Series 308 vs Union Fixed Maturity Plan - Series 13 (1114 Days)
Direct Plan, Growth option · Data as on 27-04-2026
Kotak FMP Series 308 is a Debt fund and Union Fixed Maturity Plan - Series 13 (1114 Days) is a Debt fund. In the 3 years to 27-04-2026, Kotak FMP Series 308 (Direct) returned 7.9% a year and Union Fixed Maturity Plan - Series 13 (1114 Days) (Direct) returned 6.9% a year. Kotak FMP Series 308 charges 0.20% a year and Union Fixed Maturity Plan - Series 13 (1114 Days) 0.25% (Direct plans). Their portfolios overlap 14.6%: they hold 1 of the same security.
Kotak FMP Series 308 is closed. It has not published a NAV since 27-04-2026. Its figures stop there.
Union Fixed Maturity Plan - Series 13 (1114 Days) is closed. It has not published a NAV since 15-04-2026. Its figures stop there.
Union Fixed Maturity Plan - Series 13 (1114 Days)
Debt
- 3 year return
- 6.9%
- Expense ratio
- 0.25%
- NAV
- ₹12.31
Which is better, Kotak FMP Series 308 or Union Fixed Maturity Plan - Series 13 (1114 Days)? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Kotak FMP Series 308 returned more over 3 years: 7.9% a year against 6.9%.
- Kotak FMP Series 308 returned more over 1 year: 7.1% against 6.0%.
- Kotak FMP Series 308 costs less: 0.20% a year against 0.25% (Direct plans).
- Kotak FMP Series 308 swung less over 3 years: a standard deviation of 0.5% a year against 0.6%.
- Union Fixed Maturity Plan - Series 13 (1114 Days) fell less in its worst fall since 03-04-2023: −0.2% against −0.2%.
- Kotak FMP Series 308 is the larger fund: ₹103 Cr against ₹27 Cr.
- Their portfolios overlap 14.6%: 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 308 | Union Fixed Maturity Plan - Series 13 (1114 Days) |
|---|---|---|
| Fund house | Kotak Mahindra Mutual Fund | Union Mutual Fund |
| Category | Debt | Debt |
| AUM | ₹103 Cr (31-03-2026) | ₹27 Cr (30-04-2026) |
| NAV | ₹12.67 (Direct) | ₹12.31 (Direct) |
| Expense ratio (Direct) | 0.20% | 0.25% |
| Expense ratio (Regular) | 0.52% | 0.54% |
| Riskometer | Moderate | Low |
| Benchmark | NIFTY Medium Duration Debt Index | CRISIL Medium Duration Debt A-III Index. CRISIL Benchmark Disclaimer: CRISIL Indices are the sole property of CRISIL Lim |
| Launch date | 29-03-2023 | 29-03-2023 |
| Minimum investment | ₹5,000 | ₹5,000 |
| Lock in | None | None |
| Fund managers | Deepak Agrawal, Manu Sharma | Devesh Thacker, Anindya Sarkar |
| Exit load | Nil | Nil |
Kotak FMP Series 308 vs Union Fixed Maturity Plan - Series 13 (1114 Days): Returns Comparison
Returns as on 27-04-2026. 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 308 (Direct) | +0.57% | +1.67% | +3.25% | +7.12% | +7.94% | -- | -- |
| Union Fixed Maturity Plan - Series 13 (1114 Days) (Direct) | +0.46% | +1.30% | +2.70% | +5.99% | +6.93% | -- | -- |
Kotak FMP Series 308 vs Union Fixed Maturity Plan - Series 13 (1114 Days): Year-wise Returns
| Year | Kotak FMP Series 308Kotak FMP Series 308 | Union Fixed Maturity Plan - Series 13 (1114 Days)Union Fixed Maturity Plan - Series 13 (1114 Days) |
|---|---|---|
| 2026to date | +2.06% | +1.52% |
| 2025 | +8.07% | +6.95% |
| 2024 | +8.61% | +7.59% |
Kotak FMP Series 308 vs Union Fixed Maturity Plan - Series 13 (1114 Days): Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 498 of them, one for each trading day from 03-04-2024 to 27-04-2026: 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 308 (Direct)
Union Fixed Maturity Plan - Series 13 (1114 Days) (Direct)
to
Jun 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 308 | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8.4% | 8.4% | 7.1% | 9.5% |
| Union Fixed Maturity Plan - Series 13 (1114 Days) | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 7.4% | 7.5% | 6.0% | 8.4% |
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 03-04-2023. Past returns do not promise future returns.
Kotak FMP Series 308 vs Union Fixed Maturity Plan - Series 13 (1114 Days): 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 03-04-2023 to 27-04-2026: 37 instalments, ₹3,70,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Kotak FMP Series 308Kotak FMP Series 308 (Direct) | ₹3,70,000 | ₹4,17,449 | ₹47,449 | 7.8% |
| Union Fixed Maturity Plan - Series 13 (1114 Days)Union Fixed Maturity Plan - Series 13 (1114 Days) (Direct) | ₹3,70,000 | ₹4,09,864 | ₹39,864 | 6.8% |
Kotak FMP Series 308Kotak FMP Series 308 (Direct)
Union Fixed Maturity Plan - Series 13 (1114 Days)Union Fixed Maturity Plan - Series 13 (1114 Days) (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 308 vs Union Fixed Maturity Plan - Series 13 (1114 Days): Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Kotak FMP Series 308 (Direct) | Union Fixed Maturity Plan - Series 13 (1114 Days) (Direct) |
|---|---|---|
| Return (CAGR) | +7.12% | +5.99% |
| Standard deviation | 0.36% | 0.32% |
| Sharpe ratio | 4.75 | 1.75 |
| Sortino ratio | 11.61 | 3.20 |
| Maximum drawdown | −0.1% (11-06-2025) | −0.1% (09-05-2025) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 25-04-2025 to 27-04-2026. 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 308 (Direct) | Union Fixed Maturity Plan - Series 13 (1114 Days) (Direct) |
|---|---|---|
| Return (CAGR) | +7.94% | +6.93% |
| Standard deviation | 0.48% | 0.55% |
| Sharpe ratio | 3.45 | 1.12 |
| Sortino ratio | 6.09 | 1.76 |
| Maximum drawdown | −0.2% (06-10-2023) | −0.2% (06-10-2023) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 27-04-2023 to 27-04-2026. 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 308 (Direct) | Union Fixed Maturity Plan - Series 13 (1114 Days) (Direct) |
|---|---|---|
| Return (CAGR) | +7.98% | +7.04% |
| Standard deviation | 0.48% | 0.57% |
| Sharpe ratio | 3.51 | 1.29 |
| Sortino ratio | 6.25 | 2.11 |
| Maximum drawdown | −0.2% (06-10-2023) | −0.2% (06-10-2023) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 03-04-2023 to 27-04-2026. 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 308 (Direct)
Union Fixed Maturity Plan - Series 13 (1114 Days) (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Kotak FMP Series 308 (Direct) | −0.2% | 04-10-2023 | 06-10-2023 | 12-10-2023 | 6 days | 0.0% |
| Union Fixed Maturity Plan - Series 13 (1114 Days) (Direct) | −0.2% | 25-09-2023 | 06-10-2023 | 12-10-2023 | 6 days | 0.0% |
From daily values since 03-04-2023, 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 308 (Direct)
Union Fixed Maturity Plan - Series 13 (1114 Days) (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 308 (Direct)
Union Fixed Maturity Plan - Series 13 (1114 Days) (Direct)
Kotak FMP Series 308 vs Union Fixed Maturity Plan - Series 13 (1114 Days): Portfolio Overlap
From each fund's latest monthly portfolio: Kotak FMP Series 308, March 2026; Union Fixed Maturity Plan - Series 13 (1114 Days), March 2026
Holdings in common
- Overlap
- 14.6%
- Held by both
- 1
- Only in Kotak FMP Series 308
- 7
- Only in Union Fixed Maturity Plan - Series 13 (1114 Days)
- 1
| Security | % of Kotak FMP Series 308 | % of Union Fixed Maturity Plan - Series 13 (1114 Days) |
|---|---|---|
| Central Government - 2026 | 14.56% | 56.98% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.6% means 14.6% 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 308
| Security | % of fund |
|---|---|
| 364 DAYS TREASURY BILL 23/04/2026 | 33.86% |
| ADITYA BIRLA REAL ESTATE LTD | 7.76% |
| MINDSPACE BUSINESS PARKS REIT | 7.76% |
| JM FINANCIAL CREDIT SOLUTIONS LTD. | 7.76% |
| TATA PROJECTS LTD. | 7.76% |
Largest holdings only in Union Fixed Maturity Plan - Series 13 (1114 Days)
| Security | % of fund |
|---|---|
| GOI 7.27% 2026 | 8.55% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Kotak FMP Series 308 | Union Fixed Maturity Plan - Series 13 (1114 Days) |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 94.0% | 65.5% |
| Cash and others | 6.0% | 34.5% |
Kotak FMP Series 308 vs Union Fixed Maturity Plan - Series 13 (1114 Days): Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Kotak FMP Series 308 | Union Fixed Maturity Plan - Series 13 (1114 Days) |
|---|---|---|
| Total expense ratio (Direct) | 0.20% | 0.25% |
| Base expense ratio (Direct) | 0.16% | 0.17% |
| Total expense ratio (Regular) | 0.52% | 0.54% |
| Base expense ratio (Regular) | 0.43% | 0.42% |
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 308 vs Union Fixed Maturity Plan - Series 13 (1114 Days): Frequently Asked Questions
What is the difference between Kotak FMP Series 308 and Union Fixed Maturity Plan - Series 13 (1114 Days)?
Kotak FMP Series 308 is a Debt fund, Union Fixed Maturity Plan - Series 13 (1114 Days) is a Debt fund, run by Kotak Mahindra Mutual Fund and Union Mutual Fund. Their portfolios overlap 14.6%. Kotak FMP Series 308 charges 0.20% a year and Union Fixed Maturity Plan - Series 13 (1114 Days) 0.25%.
Which has given higher returns, Kotak FMP Series 308 or Union Fixed Maturity Plan - Series 13 (1114 Days)?
Over 1 year: Kotak FMP Series 308 +7.12%, Union Fixed Maturity Plan - Series 13 (1114 Days) +5.99%. Over 3 years: Kotak FMP Series 308 +7.94% a year, Union Fixed Maturity Plan - Series 13 (1114 Days) +6.93% a year. As on 27-04-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Kotak FMP Series 308 or Union Fixed Maturity Plan - Series 13 (1114 Days)?
Kotak FMP Series 308 charges less: 0.20% a year against 0.25%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Kotak FMP Series 308 and Union Fixed Maturity Plan - Series 13 (1114 Days) overlap?
14.6%. They hold 1 of the same securities, the largest shared ones being Central Government - 2026. From each fund's latest monthly portfolio.
Which is riskier, Kotak FMP Series 308 or Union Fixed Maturity Plan - Series 13 (1114 Days)?
On SEBI's riskometer, Kotak FMP Series 308 is rated Moderate and Union Fixed Maturity Plan - Series 13 (1114 Days) Low. Over 3 years, the standard deviation of daily returns was 0.48% and 0.55% a year.
Which is better for SIP, Kotak FMP Series 308 or Union Fixed Maturity Plan - Series 13 (1114 Days)?
Over the last 3 years, a monthly SIP of ₹10,000 from 03-04-2023 to 27-04-2026 grew to ₹4,17,449 in Kotak FMP Series 308 (XIRR 7.8% a year) and ₹4,09,864 in Union Fixed Maturity Plan - Series 13 (1114 Days) (XIRR 6.8% a year). Both received 37 instalments. Past returns do not promise future returns.
Can I invest in both Kotak FMP Series 308 and Union Fixed Maturity Plan - Series 13 (1114 Days)?
Yes. 14.6% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Kotak FMP Series 308 and Union Fixed Maturity Plan - Series 13 (1114 Days)?
Kotak FMP Series 308: Deepak Agrawal, Manu Sharma. Union Fixed Maturity Plan - Series 13 (1114 Days): Devesh Thacker, Anindya Sarkar.
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.