Kotak Liquid Fund is a Liquid fund run by Kotak Mahindra Mutual Fund. On 30-09-2026, it managed ₹42,047 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 6.9% a year and its Regular plan returned 6.8% a year. Its benchmark, NIFTY Liquid Index A-I, returned 6.9% a year over the same 3 years.
NAV (Direct plan)
₹5,780.47
▲ 0.02% · 30-10-2026
NAV (Regular plan)
₹5,716.41
▲ 0.02% · 30-10-2026
Expense ratio
0.15%Direct0.33%Regular
0.15%
A year
Riskometer
Moderate
Set by the fund house
3 year return
6.9%Direct6.8%Regular
6.9%
A year
Kotak Liquid Fund NAV Today
NAV on 30-10-2026: Direct Plan Growth ₹5,780.47 (up 0.02% that day); Regular Plan Growth ₹5,716.41 (up 0.02% that day).
This fund (Direct plan)
₹5,780.4748
This fund split each unit into 0.01 on 20-01-2013 (SSD record). NAVs before that day are shown divided by 0.01, so the line and the returns are not broken by the split.
Kotak Liquid Fund Returns vs NIFTY Liquid Index A-I
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)
+0.44%
+1.49%
+3.18%
+6.44%
+6.90%
+6.40%
+6.07%
This fund (Regular)
+0.43%
+1.45%
+3.10%
+6.29%
+6.77%
+6.28%
+5.97%
NIFTY Liquid Index A-I
+0.51%
+1.57%
+3.42%
+6.44%
+6.90%
+6.36%
--
Liquid average
+0.44%
+1.46%
+3.06%
+6.23%
+6.66%
+6.18%
+5.85%
Best in Liquid
+0.48%
+1.54%
+3.26%
+6.54%
+6.96%
+6.47%
+6.32%
Worst in Liquid
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Rank in Liquid
30/43
28/42
18/42
21/40
16/36
17/34
19/28
Category rows compare the Direct plans of 44 Liquid funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.
Kotak Liquid Fund Year-wise Returns
Return of each calendar year
Year
Direct
Regular
2026to date
+5.38%
+5.26%
2025
+6.61%
+6.50%
2024
+7.42%
+7.30%
2023
+7.08%
+6.95%
2022
+4.87%
+4.74%
2021
+3.35%
+3.23%
Kotak Liquid Fund 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 3,415 periods, one for each trading day from 01-01-2016 to 30-10-2026.
0%2%4%6%8%10%
Kotak Liquid Fund (Direct)
Category average, 43 Liquid funds
Nov 2013 to Nov 2016Sept 2015 to Sept 2018Jul 2017 to Jul 2020May 2019 to May 2022Mar 2021 to Mar 2024Dec 2022 to Dec 2025
Kotak Liquid Fund (Direct)Category average, 43 Liquid funds
0%
0%
Below 0%
19%
22%
0-5%
81%
78%
5-10%
0%
0%
10-15%
0%
0%
15-20%
0%
0%
20-25%
0%
0%
Above 25%
Every holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
4,016
7.0%
3.2%
9.9%
0%
6.8%
100%
2 years
3,716
7.0%
3.4%
9.4%
0%
6.7%
100%
3 years
3,415
6.9%
4.0%
8.9%
0%
6.7%
100%
5 years
2,814
5.9%
5.2%
8.2%
0%
5.7%
100%
7 years
2,205
5.8%
5.7%
7.9%
0%
5.6%
100%
10 years
1,295
6.3%
6.1%
6.7%
0%
6.1%
100%
Every SIP holding period at a glance
Period
Periods
Median
Lowest
Highest
With a loss
Category median
Beat category
1 year
154
7.0%
3.2%
9.6%
0%
6.8%
100%
2 years
142
6.9%
3.4%
9.2%
0%
6.7%
100%
3 years
130
6.8%
3.7%
8.8%
0%
6.6%
100%
5 years
106
6.3%
4.5%
7.7%
0%
6.0%
100%
7 years
82
5.8%
5.1%
7.4%
0%
5.6%
100%
10 years
46
6.0%
5.8%
6.1%
0%
5.8%
100%
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. "Beat category" counts the periods in which the fund did better than the average of the 43 Liquid funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.
Kotak Liquid Fund Risk
How much it swings, and the falls an investor had to sit through
Risk and return
Measure
Kotak Liquid Fund (Direct)This fund
Category average
Return (CAGR)
+6.44%
+6.22%
Standard deviation
0.20%
0.18%
Sharpe ratio
6.03
5.54
Sortino ratio
16.71
14.81
Maximum drawdown
−0.02%
(22-10-2026)
−0.01%
(22-10-2026)
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 Liquid Fund (Direct)This fund
Category average
Return (CAGR)
+6.90%
+6.66%
Standard deviation
0.18%
0.14%
Sharpe ratio
4.90
4.68
Sortino ratio
15.07
12.26
Maximum drawdown
−0.02%
(22-10-2026)
−0.01%
(22-10-2026)
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 Liquid Fund (Direct)This fund
Category average
Return (CAGR)
+6.40%
+6.19%
Standard deviation
0.18%
0.13%
Sharpe ratio
3.42
2.95
Sortino ratio
8.14
5.88
Maximum drawdown
−0.03%
(05-05-2022)
−0.03%
(05-05-2022)
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.
Measure
Kotak Liquid Fund (Direct)This fund
Category average
Return (CAGR)
+6.07%
+5.85%
Standard deviation
0.21%
0.15%
Sharpe ratio
3.15
2.92
Sortino ratio
7.02
5.60
Maximum drawdown
−0.26%
(24-03-2020)
−0.12%
(24-03-2020)
From daily NAVs, 28-10-2016 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 Liquid Fund (Direct)This fund
Category average
Return (CAGR)
+6.79%
+6.51%
Standard deviation
0.24%
0.25%
Sharpe ratio
3.07
1.81
Sortino ratio
5.96
2.69
Maximum drawdown
−0.26%
(24-03-2020)
−0.34%
(07-01-2013)
From daily NAVs, 01-01-2013 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.
−0.4%−0.3%−0.2%−0.1%0%
Kotak Liquid Fund (Direct)
Category average, 43 Liquid funds
2014201620182020202220242026
Kotak Liquid Fund (Direct)Category average, 43 Liquid funds
Worst fall
High before it
Bottom
Back at the high
Time to climb back
Below its high today
Kotak Liquid Fund (Direct)
−0.26%
17-03-2020
24-03-2020
27-03-2020
3 days
0.0%
Category average
−0.34%
06-01-2013
07-01-2013
11-01-2013
4 days
0.0%
From the Direct plan's daily NAV since 01-01-2013, adjusted for unit splits, and the average of the 43 Liquid funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.
Kotak Liquid Fund vs Other Liquid Funds
The five Liquid funds with the best three year return, and this fund. Direct plans.
AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.
Kotak Liquid Fund Expense Ratio and Costs
What each plan charges a year, in force from 30-09-2026
Plan
Base expense ratio
Brokerage
Transaction costs
Levies and GST
Total expense ratio
Liquid median
Cost rank (1 = cheapest)
Direct
0.13%
0.00%
0.00%
0.02%
0.15%
0.14%
29/43
Regular
0.28%
0.00%
0.00%
0.05%
0.33%
0.25%
37/43
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. Cost rank: where this plan comes when the Liquid funds' plans of the same type are sorted from the lowest total expense ratio to the highest.
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
6.29%
6.44%
0.15%
₹1,06,290
₹1,06,440
3 years
6.77%
6.90%
0.13% a year
₹1,21,716
₹1,22,161
5 years
6.28%
6.40%
0.12% a year
₹1,35,599
₹1,36,367
10 years
5.97%
6.07%
0.10% a year
₹1,78,579
₹1,80,271
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 Liquid Fund 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 01-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.
Investment
Invested
Value now
Gain
Return a year
Direct planKotak Liquid Fund (Direct)
₹16,60,000
₹26,13,453
₹9,53,453
6.3%
Regular planKotak Liquid Fund (Regular)
₹16,60,000
₹25,93,744
₹9,33,744
6.2%
Category averageCategory average, 43 Liquid funds
₹16,60,000
₹25,70,208
₹9,10,208
6.1%
₹0₹10.0 L₹20.0 L₹30.0 L
Direct planKotak Liquid Fund (Direct)
Regular planKotak Liquid Fund (Regular)
Category averageCategory average, 43 Liquid funds
Amount invested
2014201620182020202220242026
Direct planKotak Liquid Fund (Direct)Regular planKotak Liquid Fund (Regular)Category averageCategory average, 43 Liquid fundsAmount invested
From each plan's published NAV (Growth option) and the category average, 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 Liquid Fund Asset Allocation
Asset allocation as on 30-09-2026
What the fund holds
111.1%Debt
Asset
Fund
Category
Debt
111.1%
97.0%
Cash and others
−11.1%
6.5%
Cash and others is below 0: on that day the fund owed more in payments due than it held in cash.
Credit rating
Bonds and money market papers by credit rating, % of the fund. Category: the average of 42 Liquid funds.
Rating
Fund
Category
Sovereign
20.0%
15.2%
AAA and A1+
91.1%
81.1%
Kotak Liquid Fund Portfolio Holdings
As on 30-09-2026 · 135 holdings · from the fund house's monthly portfolio
Holdings
Rating
Weight%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Commercial paper
ICRA A1+
4.13%
91 DAYS TREASURY BILL 12/11/2026 · Government security
SOV
3.55%
91 DAYS TREASURY BILL 27/11/2026 · Government security
SOV
3.43%
Reliance Retail Ventures Ltd · Commercial paper
CRISIL A1+
2.96%
91 DAYS TREASURY BILL 03/12/2026 · Government security
SOV
2.95%
91 DAYS TREASURY BILL 08/10/2026 · Government security
SOV
2.38%
91 DAYS TREASURY BILL 22/10/2026 · Government security
SOV
2.37%
HDFC BANK LTD. · Certificate of deposit
CARE A1+
2.36%
HDFC BANK LTD. · Certificate of deposit
CARE A1+
2.35%
BANK OF INDIA · Certificate of deposit
CARE A1+
2.35%
INDUSIND BANK LTD. · Certificate of deposit
CRISIL A1+
2.35%
Reliance Retail Ventures Ltd · Commercial paper
CRISIL A1+
2.35%
91 DAYS TREASURY BILL 19/11/2026 · Government security
SOV
2.29%
HDFC BANK LTD. · Certificate of deposit
CARE A1+
1.94%
INDIAN OVERSEAS BANK · Certificate of deposit
CARE A1+
1.78%
HDFC BANK LTD. · Certificate of deposit
CARE A1+
1.77%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Commercial paper
ICRA A1+
1.77%
91 DAYS TREASURY BILL 24/12/2026 · Government security
SOV
1.64%
HINDUSTAN PETROLEUM CORPORATION LTD. · Commercial paper
CRISIL A1+
1.47%
IIFL FINANCE LIMITED · Commercial paper
CRISIL A1+
1.35%
PUNJAB NATIONAL BANK · Certificate of deposit
FITCH A1+
1.19%
UNION BANK OF INDIA · Certificate of deposit
FITCH A1+
1.19%
UNION BANK OF INDIA · Certificate of deposit
FITCH A1+
1.19%
UNION BANK OF INDIA · Certificate of deposit
ICRA A1+
1.19%
182 DAYS TREASURY BILL 17/12/2026 · Government security
SOV
1.18%
Power Finance Corporation Ltd. · Commercial paper
CRISIL A1+
1.18%
JAMMU KASHMIR BANK LTD · Certificate of deposit
CRISIL A1+
1.18%
CANARA BANK · Certificate of deposit
CRISIL A1+
1.18%
CANARA BANK · Certificate of deposit
CRISIL A1+
1.18%
CANARA BANK · Certificate of deposit
CRISIL A1+
1.18%
CENTRAL BANK OF INDIA · Certificate of deposit
CRISIL A1+
1.18%
CENTRAL BANK OF INDIA · Certificate of deposit
CRISIL A1+
1.18%
CITY UNION BANK LTD. · Certificate of deposit
ICRA A1+
1.18%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA · Commercial paper
CRISIL A1+
1.18%
INDIAN OVERSEAS BANK · Certificate of deposit
CARE A1+
1.18%
UNION BANK OF INDIA · Certificate of deposit
ICRA A1+
1.18%
HDFC SECURITIES LIMITED ( ) · Commercial paper
CARE A1+
1.18%
NTPC LTD · Commercial paper
CRISIL A1+
1.18%
Reliance Retail Ventures Ltd · Commercial paper
CRISIL A1+
1.18%
BANK OF INDIA · Certificate of deposit
CARE A1+
1.17%
BAJAJ FINANCE LTD. · Commercial paper
CRISIL A1+
1.17%
PUNJAB & SIND BANK · Certificate of deposit
CRISIL A1+
1.17%
ICICI SECURITIES LIMITED · Commercial paper
CRISIL A1+
1.17%
Export-Import Bank of India · Commercial paper
CRISIL A1+
1.06%
PNB HOUSING FINANCE LTD. · Commercial paper
CRISIL A1+
0.95%
BAJAJ FINANCIAL SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.82%
DSP FINANCE PRIVATE LIMITED · Commercial paper
ICRA A1+
0.82%
BAJAJ FINANCIAL SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.71%
MOTILAL OSWAL FINVEST LTD. · Commercial paper
CRISIL A1+
0.70%
JSW ENERGY LTD. · Commercial paper
FITCH A1+
0.70%
CESC Ltd. · Commercial paper
ICRA A1+
0.70%
BIRLA GROUP HOLDING PRIVATE LIMITED · Commercial paper
CRISIL A1+
0.65%
RELIANCE INDUSTRIES LTD. · Commercial paper
CRISIL A1+
0.59%
BANK OF BARODA · Certificate of deposit
CARE A1+
0.59%
IGH HOLDINGS PRIVATE LIMITED · Commercial paper
CRISIL A1+
0.59%
TATA CAPITAL HOUSING FINANCE LTD. · Commercial paper
CRISIL A1+
0.59%
HDFC BANK LTD. · Certificate of deposit
CARE A1+
0.59%
HINDUSTAN PETROLEUM CORPORATION LTD. · Commercial paper
CRISIL A1+
0.59%
ASEEM INFRASTRUCTURE FINANCE LIMITED ( ) · Commercial paper
FITCH A1+
0.59%
FEDERAL BANK LTD. · Certificate of deposit
CRISIL A1+
0.59%
AXIS BANK LTD.
CRISIL A1+
0.59%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Commercial paper
ICRA A1+
0.59%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Commercial paper
ICRA A1+
0.59%
CAN FIN HOMES LTD. · Commercial paper
ICRA A1+
0.59%
DCB BANK LIMITED · Certificate of deposit
CARE A1+
0.59%
YES BANK LTD. · Certificate of deposit
CRISIL A1+
0.59%
PNB HOUSING FINANCE LTD. · Commercial paper
CRISIL A1+
0.59%
HDFC SECURITIES LIMITED ( ) · Commercial paper
ICRA A1+
0.59%
Adani Ports and Special Economic Zone Limited · Commercial paper
CRISIL A1+
0.59%
JULIUS BAER CAPITAL (INDIA) PVT. LTD · Commercial paper
CRISIL A1+
0.59%
BAJAJ HOUSING FINANCE LTD. · Commercial paper
CRISIL A1+
0.55%
BHARTI TELECOM LTD. · Bond
CRISIL AAA
0.54%
BANK OF BARODA · Certificate of deposit
CARE A1+
0.53%
TORRENT PHARMACEUTICALS LTD. · Commercial paper
CRISIL A1+
0.53%
FED BANK FINANCIAL SERVICES LIMITED · Commercial paper
CRISIL A1+
0.47%
REC LTD · Commercial paper
CRISIL A1+
0.47%
REC LTD · Commercial paper
CRISIL A1+
0.47%
BHARAT PETROLEUM CORPORATION LTD. · Commercial paper
CRISIL A1+
0.47%
BIRLA GROUP HOLDING PRIVATE LIMITED · Commercial paper
CRISIL A1+
0.47%
AXIS SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.47%
SBICAP SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.47%
SBICAP SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.47%
SBICAP SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.47%
360 ONE PRIME LTD. · Commercial paper
CRISIL A1+
0.47%
MOTILAL OSWAL FINANCIAL SERVICES LIMITED · Commercial paper
ICRA A1+
0.47%
Manappuram Finance Ltd. · Commercial paper
CRISIL A1+
0.47%
Adani Ports and Special Economic Zone Limited · Commercial paper
CRISIL A1+
0.47%
ICICI SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.47%
ICICI SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.47%
Reliance Retail Ventures Ltd · Commercial paper
CRISIL A1+
0.47%
ICICI SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.41%
CTBC BANK CO. LTD (CTBC INDIA) · Certificate of deposit
ICRA A1+
0.35%
Bahadur Chand Investments Private Limited · Commercial paper
ICRA A1+
0.35%
AXIS SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.35%
MOTILAL OSWAL FINANCIAL SERVICES LIMITED · Commercial paper
ICRA A1+
0.35%
NUVAMA WEALTH AND INVESTMENT LTD · Commercial paper
CRISIL A1+
0.35%
IIFL FINANCE LIMITED · Commercial paper
CRISIL A1+
0.35%
ADITYA BIRLA MONEY LTD · Commercial paper
CRISIL A1+
0.35%
ADITYA BIRLA MONEY LTD · Commercial paper
CRISIL A1+
0.35%
IIFL FINANCE LIMITED · Commercial paper
CRISIL A1+
0.30%
IIFL CAPITAL SERVICES LTD. · Commercial paper
CRISIL A1+
0.29%
MUTHOOT FINCORP LTD. · Commercial paper
CRISIL A1+
0.29%
NETWORK18 MEDIA & INVESTMENTS LTD. · Commercial paper
ICRA A1+
0.29%
SBI ALTERNATIVE INVESTMENT FUND
Alternative Investment Fund
0.27%
AXIS SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.24%
AXIS SECURITIES LIMITED · Commercial paper
CRISIL A1+
0.24%
JULIUS BAER CAPITAL (INDIA) PVT. LTD · Commercial paper
CRISIL A1+
0.24%
AU SMALL FINANCE BANK LTD. · Certificate of deposit
FITCH A1+
0.24%
JM FINANCIAL SERVICES LIMITED · Commercial paper
CRISIL A1+
0.23%
IGH HOLDINGS PRIVATE LIMITED · Commercial paper
CRISIL A1+
0.23%
PILANI INVESTMENT AND INDUSTRIES CORPORATION LTD · Commercial paper
CRISIL A1+
0.23%
Manappuram Finance Ltd. · Commercial paper
CRISIL A1+
0.23%
NUVAMA WEALTH AND INVESTMENT LTD · Commercial paper
CRISIL A1+
0.23%
91 DAYS TREASURY BILL 15/10/2026 · Government security
SOV
0.20%
HDFC BANK LTD. · Certificate of deposit
CARE A1+
0.19%
GODREJ INDUSTRIES LTD · Commercial paper
CRISIL A1+
0.18%
GODREJ INDUSTRIES LTD
CRISIL A1+
0.18%
GODREJ INDUSTRIES LTD
CRISIL A1+
0.18%
AXIS BANK LTD.
CRISIL A1+
0.18%
IIFL CAPITAL SERVICES LTD. · Commercial paper
CRISIL A1+
0.18%
HDFC BANK LTD. · Certificate of deposit
CARE A1+
0.12%
NJ CAPITAL PRIVATE LIMITED · Commercial paper
CRISIL A1+
0.12%
NJ CAPITAL PRIVATE LIMITED · Commercial paper
CRISIL A1+
0.12%
LIC HOUSING FINANCE LTD. · Bond
CRISIL AAA
0.12%
FEDERAL BANK LTD. · Certificate of deposit
CRISIL A1+
0.12%
DSP FINANCE PRIVATE LIMITED · Commercial paper
ICRA A1+
0.12%
NUVAMA WEALTH AND INVESTMENT LTD · Commercial paper
CRISIL A1+
0.12%
REC LTD · Bond
CRISIL AAA
0.06%
BANK OF BARODA · Certificate of deposit
CARE A1+
0.06%
BAJAJ FINANCE LTD. · Commercial paper
CRISIL A1+
0.06%
TATA CAPITAL LTD. · Bond
ICRA AAA
0.06%
MUTHOOT FINANCE LTD. · Commercial paper
CRISIL A1+
0.06%
BAJAJ FINANCE LTD. · Commercial paper
CRISIL A1+
0.04%
INDIAN BANK · Certificate of deposit
CRISIL A1+
0.04%
SUNDARAM FINANCE LTD. · Bond
ICRA AAA
0.04%
Kotak Liquid Fund Portfolio Overlap
Funds with the most similar portfolios, across every fund house and category
Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.
Kotak Liquid Fund Overview
Fund facts from the scheme summary document, as on 16-10-2026
Expense ratio (Direct)
0.15%
Expense ratio (Regular)
0.33%
Category
Liquid
Risk
Moderate
Benchmark
NIFTY Liquid Index A-I
Launch date
04-11-2003
Minimum investment
₹1,000
Minimum additional investment
₹500
AUM
₹42,047.28 Cr (30-09-2026)
Lock in
None
Scheme code (Direct)
119766
ISIN (Direct)
INF174K01NE8
Scheme code (Regular)
100835
ISIN (Regular)
INF174K01NI9
NAV history
From 01-01-2013, 13.8 years
Exit load
NIL
Tax on Kotak Liquid Fund returns
Kotak Liquid Fund is taxed as a debt fund: 65% or more of it is in bonds and money market papers.
For units bought on or after 01-04-2023, the gain is added to your income and taxed at your slab rate, however long you hold the units.
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
Daily Reinvestment Income Distribution Cum Capital Withdrawal
₹1,222.81
30-10-2026
direct
Weekly Reinvestment Payout Income Distribution Cum Capital Withdrawal
₹1,014.414
30-10-2026
direct
Weekly Reinvestment Payout Income Distribution Cum Capital Withdrawal
₹1,044.8219
30-10-2026
direct
Growth
₹5,780.4748
30-10-2026
direct
IDCW
₹1,012.9431
30-10-2026
regular
Daily Reinvestment Income Distribution Cum Capital Withdrawal
₹1,283.5466
30-10-2026
regular
₹1,008.3361
30-10-2026
regular
Growth
₹5,716.4052
30-10-2026
About Kotak Liquid Fund
Kotak Liquid Fund is a mutual fund from Kotak Mahindra Mutual Fund. Its category is Liquid. It was launched on 04-11-2003. Its benchmark is NIFTY Liquid Index A-I. At the end of September 2026 it held 135 securities.
Fund Manager
Deepak Agrawal
Fund manager of Kotak Liquid Fund, since 15-01-2019
Sunil Pandey
Fund manager of Kotak Liquid Fund, since 01-06-2025
The Direct plan NAV is ₹5,780.4748. The Regular plan NAV is ₹5,716.4052, as on 30-10-2026.
What are the returns of Kotak Liquid Fund?
The Direct plan returned +6.44% in 1 year, +6.90% a year over 3 years, +6.40% a year over 5 years. The Regular plan returned +6.29% in 1 year, +6.77% a year over 3 years, +6.28% a year over 5 years. These figures are as on 30-10-2026.
What is the expense ratio of Kotak Liquid Fund?
The Direct plan charges 0.15% a year. The Regular plan charges 0.33% a year. This is the figure the fund house reported to AMFI, in force from 30-09-2026.
What is the AUM of Kotak Liquid Fund?
Kotak Liquid Fund managed ₹42,047.28 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.
What are the top holdings of Kotak Liquid Fund?
At the end of September 2026 the largest holdings were NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT (4.13%), 91 DAYS TREASURY BILL 12/11/2026 (3.55%), 91 DAYS TREASURY BILL 27/11/2026 (3.43%), Reliance Retail Ventures Ltd (2.96%), 91 DAYS TREASURY BILL 03/12/2026 (2.95%). The fund held 135 securities in all.
How do I invest in Kotak Liquid Fund?
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 ₹1,000. You can invest once or through a monthly SIP.
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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