Kotak FMP Series 304 is a mutual fund run by Kotak Mahindra Mutual Fund. On 30-09-2026, it managed ₹122 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.5% a year and its Regular plan returned 7.5% a year. Its benchmark, NIFTY G-Sec Jul 2031 Index, returned 7.7% a year over the same 3 years.
NAV (Direct plan)
₹13.07
▲ 0.00% · 30-10-2026
NAV (Regular plan)
₹13.05
▲ 0.00% · 30-10-2026
Expense ratio
0.07%Direct0.10%Regular
0.07%
A year
Riskometer
Moderate
Set by the fund house
3 year return
7.5%Direct7.5%Regular
7.5%
A year
Kotak FMP Series 304 NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹13.07 (up 0.00% that day); Regular Plan Growth ₹13.05 (up 0.00% that day).
This fund (Direct plan)
₹13.0695
Kotak FMP Series 304 Returns vs NIFTY G-Sec Jul 2031 Index
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
Trailing returns
Period
1M
3M
6M
1Y
3Y
5Y
10Y
This fund (Direct)
−0.78%
−1.82%
+1.51%
+2.42%
+7.48%
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--
This fund (Regular)
−0.78%
−1.82%
+1.50%
+2.39%
+7.45%
--
--
NIFTY G-Sec Jul 2031 Index
−0.76%
−0.05%
+3.52%
+4.56%
+7.66%
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Category average
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Best in category
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Worst in category
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Rank in category
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No category comparison is shown: this fund's category is too broad to compare, or has fewer than five funds. The benchmark row is as on 30-09-2026, as NSE published it.
Kotak FMP Series 304 Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+1.81%
+1.78%
2025
+7.92%
+7.88%
2024
+9.99%
+9.96%
Kotak FMP Series 304 Rolling Returns
The return of every holding period in the fund's history, not only the one that ends today
Rolling returns
Each point is the yearly return of one 3-year holding period, plotted on the day it ended. There are 197 periods, one for each trading day from 05-01-2026 to 30-10-2026.
0%2%4%6%8%10%
Kotak FMP Series 304 (Direct)
Jan 2023 to Jan 2026Mar 2023 to Mar 2026May 2023 to May 2026Jun 2023 to Jun 2026Aug 2023 to Aug 2026Oct 2023 to Oct 2026
Kotak FMP Series 304 (Direct)
0%
Below 0%
0%
0-5%
100%
5-10%
0%
10-15%
0%
15-20%
0%
20-25%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
1 year
682
8.7%
1.2%
13.9%
0%
2 years
441
9.1%
5.3%
10.5%
0%
3 years
197
8.1%
7.0%
9.2%
0%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
1 year
34
8.5%
0.9%
14.2%
0%
2 years
22
8.4%
4.4%
12.1%
0%
Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. Past returns do not promise future returns.
Kotak FMP Series 304 Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Kotak FMP Series 304 (Direct)This fund
Return (CAGR)
+2.42%
Standard deviation
3.13%
Sharpe ratio
-0.90
Sortino ratio
-1.30
Maximum drawdown
−2.8%
(26-10-2026)
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.
Measure
Kotak FMP Series 304 (Direct)This fund
Return (CAGR)
+7.48%
Standard deviation
2.65%
Sharpe ratio
0.55
Sortino ratio
0.81
Maximum drawdown
−2.8%
(26-10-2026)
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.
Measure
Kotak FMP Series 304 (Direct)This fund
Return (CAGR)
+7.36%
Standard deviation
2.70%
Sharpe ratio
0.44
Sortino ratio
0.64
Maximum drawdown
−2.8%
(26-10-2026)
From daily NAVs, 03-01-2023 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.
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.
−3%−2.5%−2%−1.5%−1%−0.5%0%
Kotak FMP Series 304 (Direct)
202420252026
Kotak FMP Series 304 (Direct)
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Kotak FMP Series 304 (Direct)
−2.8%
14-08-2026
26-10-2026
Not yet
--
−2.5%
From the Direct plan's daily NAV since 03-01-2023, adjusted for unit splits. "Time to climb back" runs from the bottom to the first day back at the old high.
Kotak FMP Series 304 Expense Ratio and Costs
What each plan charges a year, in force from 01-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Direct
0.06%
0.00%
0.00%
0.01%
0.07%
Regular
0.08%
0.00%
0.00%
0.02%
0.10%
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, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file.
Direct vs Regular: what the gap cost
Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.
Over the last
Regular
Direct
Direct earned more by
₹1 lakh became (Regular)
₹1 lakh became (Direct)
1 year
2.39%
2.42%
0.03%
₹1,02,390
₹1,02,420
3 years
7.45%
7.48%
0.03% a year
₹1,24,056
₹1,24,160
Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.
Kotak FMP Series 304 SIP Calculator
What a one-time or monthly investment in this fund would be worth today, from its own NAV history
Growth of an investment
Step up each year
PeriodFor
₹10,000 on the first trading day of every month, from 03-01-2023 to 30-10-2026: 46 instalments, ₹4,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planKotak FMP Series 304 (Direct)
₹4,60,000
₹5,16,146
₹56,146
6.0%
Regular planKotak FMP Series 304 (Regular)
₹4,60,000
₹5,15,807
₹55,807
5.9%
₹0₹2.0 L₹4.0 L₹6.0 L
Direct planKotak FMP Series 304 (Direct)
Regular planKotak FMP Series 304 (Regular)
Amount invested
202420252026
Direct planKotak FMP Series 304 (Direct)Regular planKotak FMP Series 304 (Regular)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 304 Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
97.8%Debt
Asset
Fund
Debt
97.8%
Cash and others
2.2%
Credit rating
Bonds and money market papers by credit rating, % of the fund.
Rating
Fund
Sovereign
97.8%
Kotak FMP Series 304 Portfolio Holdings
As on 30-09-2026 · 4 holdings · from the fund house's monthly portfolio
Holdings
Rating
Weight%
GS CG 15/06/2031 - (STRIPS) · Government security
SOV
59.65%
GS CG 22 Feb 2031 - (STRIPS) · Government security
SOV
18.34%
GS CG 22/04/2031 - (STRIPS) · Government security
SOV
15.07%
GS CG 26/04/2031 - (STRIPS) · Government security
SOV
4.76%
Kotak FMP Series 304 Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.07%
Expense ratio (Regular)
0.10%
Category
Debt
Risk
Moderate
Benchmark
Nifty G-Sec July 2031 Index
Launch date
30-12-2022
Minimum investment
₹5,000
Minimum additional investment
Not available
AUM
₹121.75 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
151286
ISIN (Direct)
INF174KA1LP7
Scheme code (Regular)
151285
ISIN (Regular)
INF174KA1LN2
NAV history
From 03-01-2023, 3.8 years
Exit load
Nil
Tax on Kotak FMP Series 304 returns
How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.
Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.
All plans and options
Plan
Option
NAV
As on
direct
Growth
₹13.0695
30-10-2026
direct
Payout IDCW
₹13.0683
30-10-2026
regular
Growth
₹13.0534
30-10-2026
regular
Payout IDCW
₹13.0536
30-10-2026
About Kotak FMP Series 304
Kotak FMP Series 304 is a mutual fund from Kotak Mahindra Mutual Fund. Its category is Debt. It was launched on 30-12-2022. Its benchmark is Nifty G-Sec July 2031 Index. At the end of September 2026 it held 4 securities.
Fund Manager
Deepak Agrawal
Fund manager of Kotak FMP Series 304, since 30-12-2022
Manu Sharma
Fund manager of Kotak FMP Series 304, since 16-01-2023
AUM moves with money invested or taken out, and with the value of what the fund holds.
Frequently Asked Questions for Kotak FMP Series 304
What is the current NAV of Kotak FMP Series 304?
The Direct plan NAV is ₹13.0695. The Regular plan NAV is ₹13.0534, as on 30-10-2026.
What are the returns of Kotak FMP Series 304?
The Direct plan returned +2.42% in 1 year, +7.48% a year over 3 years. The Regular plan returned +2.39% in 1 year, +7.45% a year over 3 years. These figures are as on 30-10-2026.
What is the expense ratio of Kotak FMP Series 304?
The Direct plan charges 0.07% a year. The Regular plan charges 0.10% a year. This is the figure the fund house reported to AMFI, in force from 01-09-2026.
What is the AUM of Kotak FMP Series 304?
Kotak FMP Series 304 managed ₹121.75 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Kotak FMP Series 304?
At the end of September 2026 the largest holdings were GS CG 15/06/2031 - (STRIPS) (59.65%), GS CG 22 Feb 2031 - (STRIPS) (18.34%), GS CG 22/04/2031 - (STRIPS) (15.07%), GS CG 26/04/2031 - (STRIPS) (4.76%). The fund held 4 securities in all.
How do I invest in Kotak FMP Series 304?
Through Kotak Mahindra Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.
Who is the fund manager of Kotak FMP Series 304?
Deepak Agrawal (since 30-12-2022), Manu Sharma (since 16-01-2023).
What is the exit load of Kotak FMP Series 304?
Nil
Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.
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.
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