Kotak Short Term Fund

Short DurationDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

Kotak Short Term Fund is a Short Duration fund run by Kotak Mahindra Mutual Fund. On 30-09-2026, it managed ₹14,241 Cr of investors' money. In the 3 years to 30-10-2026, its Direct plan returned 7.2% a year and its Regular plan returned 6.4% a year. Its benchmark, NIFTY Short Duration Debt Index A-II, returned 6.6% a year over the same 3 years.

NAV (Direct plan): ₹61.26; ▲ 0.03%30-10-2026
NAV (Regular plan): ₹55.11; ▲ 0.03%30-10-2026
Expense ratio: 0.38%Direct1.12%Regular; 0.38%; A year
Riskometer: Moderate; Set by the fund house
3 year return: 7.2%Direct6.4%Regular; 7.2%; A year

Kotak Short Term Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹61.26 (up 0.03% that day); Regular Plan Growth ₹55.11 (up 0.03% that day).

This fund (Direct plan)

₹61.2595

Kotak Short Term Fund Returns vs NIFTY Short Duration Debt Index A-II

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)	−0.17%	+0.25%	+2.38%	+4.35%	+7.23%	+6.35%	+7.16%
This fund (Regular)	−0.23%	+0.06%	+2.01%	+3.59%	+6.43%	+5.53%	+6.31%
NIFTY Short Duration Debt Index A-II	+0.14%	+0.49%	+2.66%	+4.41%	+6.61%	+5.84%	--
Short Duration average	−0.14%	+0.30%	+2.50%	+4.11%	+6.88%	+6.62%	+6.89%
Best in Short Duration	+0.11%	+0.75%	+3.17%	+5.54%	+7.64%	+10.75%	+7.63%
Worst in Short Duration	−0.34%	−0.09%	+2.15%	−3.88%	−1.14%	+6.01%	+5.64%
Rank in Short Duration	13/25	11/24	18/24	13/23	12/23	11/20	6/16

Category rows compare the Direct plans of 25 Short Duration funds. Rank 1 is the highest return. The benchmark row is as on 30-09-2026, as NSE published it.

Kotak Short Term Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+3.54%	+2.91%
2025	+8.09%	+7.29%
2024	+8.56%	+7.74%
2023	+7.31%	+6.45%
2022	+3.85%	+3.00%
2021	+4.13%	+3.28%

Kotak Short Term 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 2,618 periods, one for each trading day from 04-01-2016 to 30-10-2026.

0%2%4%6%8%10%12%

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 Short Term Fund (Direct)Category average, 25 Short Duration funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	3,094	8.2%	2.4%	12.1%	0%	7.8%	63%
2 years	2,859	8.2%	3.8%	11.3%	0%	7.6%	62%
3 years	2,618	8.1%	4.9%	10.8%	0%	7.5%	64%
5 years	2,135	7.5%	6.3%	9.3%	0%	6.9%	88%
7 years	1,653	7.7%	6.8%	9.7%	0%	7.1%	100%
10 years	925	7.9%	7.1%	8.3%	0%	7.5%	100%

Every SIP holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	154	8.0%	1.5%	13.3%	0%	7.7%	67%
2 years	142	8.2%	3.1%	11.9%	0%	7.5%	65%
3 years	130	7.9%	4.6%	10.9%	0%	7.3%	65%
5 years	106	7.5%	6.2%	9.6%	0%	7.2%	92%
7 years	82	7.2%	6.7%	9.5%	0%	6.8%	100%
10 years	46	7.4%	7.0%	7.7%	0%	7.0%	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 25 Short Duration funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

Kotak Short Term Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	Kotak Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+4.35%	+4.16%
Standard deviation	1.13%	1.17%
Sharpe ratio	-0.79	-0.93
Sortino ratio	-1.09	-1.23
Maximum drawdown	−0.52% (21-05-2026)	−0.75% (02-04-2026)

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 Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+7.23%	+6.89%
Standard deviation	0.95%	0.97%
Sharpe ratio	1.27	0.89
Sortino ratio	1.93	1.27
Maximum drawdown	−0.52% (21-05-2026)	−0.75% (02-04-2026)

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 Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+6.35%	+6.33%
Standard deviation	0.99%	1.01%
Sharpe ratio	0.56	0.52
Sortino ratio	0.77	0.75
Maximum drawdown	−1.3% (06-05-2022)	−0.98% (06-05-2022)

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 Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+7.16%	+6.74%
Standard deviation	1.32%	1.36%
Sharpe ratio	1.33	0.98
Sortino ratio	2.13	1.49
Maximum drawdown	−2.2% (23-03-2020)	−2.3% (23-03-2020)

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 Short Term Fund (Direct)This fund	Category average
Return (CAGR)	+7.81%	+7.52%
Standard deviation	1.43%	1.34%
Sharpe ratio	1.23	1.10
Sortino ratio	1.80	1.61
Maximum drawdown	−3.0% (19-08-2013)	−2.3% (23-03-2020)

From daily NAVs, 02-01-2013 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.

−4%−3%−2%−1%0%

2014201620182020202220242026

Kotak Short Term Fund (Direct)Category average, 25 Short Duration funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
Kotak Short Term Fund (Direct)	−3.0%	19-06-2013	19-08-2013	04-10-2013	46 days	−0.31%
Category average	−2.3%	06-03-2020	23-03-2020	31-03-2020	8 days	−0.28%

From the Direct plan's daily NAV since 02-01-2013, adjusted for unit splits, and the average of the 25 Short Duration 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 Short Term Fund vs Other Short Duration Funds

The five Short Duration funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Bandhan Short Term Fund	1/23	8,680	0.39%	+5.54%	+7.64%	--	--	1.61	2.54	Compare
Axis Short Term Fund	2/23	7,425	0.40%	+4.82%	+7.58%	--	--	1.63	2.53	Compare
Mahindra Manulife Short Term Fund	3/23	79	0.33%	+4.78%	+7.49%	--	--	1.56	2.36	Compare
Bank of India Short Term Fund	4/23	259	0.54%	+4.34%	+7.48%	--	--	1.01	2.34	Compare
ICICI Prudential Short Term Fund	4/23	18,890	0.45%	+4.92%	+7.48%	--	--	1.55	2.34	Compare
Kotak Short Term Fund	12/23	14,241	0.38%	+4.35%	+7.23%	--	--	1.27	1.93

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 Short Term Fund Expense Ratio and Costs

What each plan charges a year, in force from 01-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Short Duration median	Cost rank (1 = cheapest)
Direct	0.33%	0.00%	0.00%	0.05%	0.38%	0.37%	14/25
Regular	0.95%	0.00%	0.00%	0.17%	1.12%	0.99%	22/25

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 Short Duration 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	3.59%	4.35%	0.76%	₹1,03,590	₹1,04,350
3 years	6.43%	7.23%	0.80% a year	₹1,20,557	₹1,23,296
5 years	5.53%	6.35%	0.82% a year	₹1,30,882	₹1,36,047
10 years	6.31%	7.16%	0.85% a year	₹1,84,392	₹1,99,677

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 Short Term 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

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 02-01-2013 to 30-10-2026: 166 instalments, ₹16,60,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planKotak Short Term Fund (Direct)	₹16,60,000	₹28,21,774	₹11,61,774	7.3%
Regular planKotak Short Term Fund (Regular)	₹16,60,000	₹26,46,756	₹9,86,756	6.5%
Category averageCategory average, 25 Short Duration funds	₹16,60,000	₹27,46,318	₹10,86,318	7.0%

₹0₹10.0 L₹20.0 L₹30.0 L

2014201620182020202220242026

Direct planKotak Short Term Fund (Direct)Regular planKotak Short Term Fund (Regular)Category averageCategory average, 25 Short Duration 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 Short Term Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

91.9%Debt

Asset	Fund	Category
Debt	91.9%	92.0%
Cash and others	8.1%	8.0%

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 25 Short Duration funds.

Rating	Fund	Category
Sovereign	6.7%	11.4%
AAA and A1+	85.3%	71.2%

Kotak Short Term Fund Portfolio Holdings

As on 30-09-2026 · 96 holdings · from the fund house's monthly portfolio

Holdings	Rating	Weight%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Bond	CRISIL AAA	4.23%
LIC HOUSING FINANCE LTD. · Bond	CRISIL AAA	3.47%
Power Finance Corporation Ltd.(^) · Bond	CRISIL AAA	3.33%
MINDSPACE BUSINESS PARKS REIT · Bond	ICRA AAA	2.83%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA · Bond	CRISIL AAA	2.78%
BROOKFIELD REIT · Bond	CRISIL AAA	2.76%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Bond	CRISIL AAA	2.72%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Bond	ICRA AAA	2.66%
BAJAJ FINANCE LTD. · Bond	CRISIL AAA	2.46%
BAJAJ FINANCE LTD. · Bond	CRISIL AAA	2.21%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA(^) · Bond	CARE AAA	2.13%
KNOWLEDGE REALTY TRUST · Bond	CRISIL AAA	2.08%
BHARTI TELECOM LTD. · Bond	CRISIL AAA	1.89%
HOUSING & URBAN DEVELOPMENT CORPORATION LTD.(^) · Bond	ICRA AAA	1.73%
CUBE HIGHWAYS TRUST · Bond	ICRA AAA	1.71%
Central Government - 2066 · Government security	SOV	1.65%
Karnataka State Govt - 2035 - Karnataka · State government security	SOV	1.46%
TOYOTA FINANCIAL SERVICES INDIA LTD. · Bond	ICRA AAA	1.41%
BAJAJ HOUSING FINANCE LTD. · Bond	CRISIL AAA	1.38%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA · Bond	CRISIL AAA	1.37%
EMBASSY OFFICE PARKS REIT · Bond	CRISIL AAA	1.37%
REC LTD · Bond	ICRA AAA	1.36%
NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT · Bond	CRISIL AAA	1.35%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA · Bond	CRISIL AAA	1.33%
PTC INDIA UNIVERSAL TRUST AL1 (SERIES A3) 20/09/2030(INDIA UNIVERSAL TRUST AL1)	FITCH AAA(SO)	1.27%
REC LTD · Bond	ICRA AAA	1.23%
Power Finance Corporation Ltd. · Bond	CRISIL AAA	1.22%
PTC SHIVSHAKTI SECURITISATION TRUST 28/09/2029(SHIVSHAKTI TRUST)	CRISIL AAA(SO)	1.07%
PTC SIDDHIVINAYAK SECURITISATION TRUST 28/09/2030(SIDDHIVINAYAK TRUST)	CRISIL AAA(SO)	1.07%
LIC HOUSING FINANCE LTD. · Bond	CRISIL AAA	1.05%
LIC HOUSING FINANCE LTD. · Bond	CRISIL AAA	1.05%
REC LTD · Bond	CRISIL AAA	1.05%
ADITYA BIRLA CAPITAL LTD · Bond	CRISIL AAA	1.05%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA · Bond	CRISIL AAA	1.04%
INDIAN BANK · Certificate of deposit	CRISIL A1+	1.01%
Power Finance Corporation Ltd. · Bond	CRISIL AAA	1.01%
L&T METRO RAIL (HYDERABAD) LTD ( Axis Trusteeship services Ltd . Guaranteed by Larsen & Toubro Limited.) · Bond	CRISIL AAA(CE)	1.01%
Central Government - 2065 · Government security	SOV	0.94%
MINDSPACE BUSINESS PARKS REIT · Bond	ICRA AAA	0.93%
Mahindra & Mahindra Financial Services Ltd. · Bond	CRISIL AAA	0.86%
Karnataka State Govt - 2036 - Karnataka · State government security	SOV	0.81%
Hindustan Zinc Ltd. · Bond	CRISIL AAA	0.70%
TATA CAPITAL LTD. · Bond	CRISIL AAA	0.70%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Bond	ICRA AAA	0.70%
TATA CAPITAL LTD. · Bond	CRISIL AAA	0.70%
POONAWALLA FINCORP LIMITED · Bond	CRISIL AAA	0.70%
Mahindra & Mahindra Financial Services Ltd. · Bond	CRISIL AAA	0.70%
SMFG INDIA CREDIT CO. LTD. · Bond	ICRA AAA	0.70%
AXIS BANK LTD.	CRISIL A1+	0.69%
ADITYA BIRLA CAPITAL LTD · Bond	CRISIL AAA	0.69%
REC LTD(^) · Bond	ICRA AAA	0.69%
JIO CREDIT LIMITED · Bond	CRISIL AAA	0.69%
TATA CAPITAL HOUSING FINANCE LTD. · Bond	CRISIL AAA	0.69%
EMBASSY OFFICE PARKS REIT · Bond	CARE AAA	0.69%
BAJAJ FINANCE LTD. · Bond	CRISIL AAA	0.69%
VERTIS INFRASTRUCTURE TRUST - NCDS · Bond	CRISIL AAA	0.69%
CANARA BANK · Certificate of deposit	CRISIL A1+	0.69%
NATIONAL BANK FOR FINANCING INFRASTRUCTURE AND DEVELOPMENT · Bond	CRISIL AAA	0.68%
ONGC PETRO ADDITIONS LTD. · Bond	CRISIL AAA(CE)	0.68%
AXIS BANK LTD.	CRISIL A1+	0.62%
Maharashtra State Govt - 2035 - Maharashtra · State government security	SOV	0.62%
BAJAJ HOUSING FINANCE LTD. · Bond	CRISIL AAA	0.56%
PUNJAB NATIONAL BANK · Certificate of deposit	CRISIL A1+	0.52%
BHARTI TELECOM LTD. · Bond	CRISIL AAA	0.52%
BANK OF BARODA · Certificate of deposit	FITCH A1+	0.51%
Karnataka State Govt - 2036 - Karnataka · State government security	SOV	0.51%
REC LTD · Bond	ICRA AAA	0.45%
PTC INDIA UNIVERSAL TRUST AL2 (SERIES A3) 21/11/2030(INDIA UNIVERSAL TRUST AL2)	FITCH AAA(SO)	0.39%
SBI ALTERNATIVE INVESTMENT FUND	Alternative Investment Fund	0.37%
HDFC BANK LTD. · Bond	CRISIL AAA	0.36%
JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group ) · Bond	CARE AAA	0.35%
ADITYA BIRLA CAPITAL LTD · Bond	CRISIL AAA	0.35%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA · Bond	CRISIL AAA	0.35%
LIC HOUSING FINANCE LTD. · Bond	CRISIL AAA	0.35%
REC LTD · Bond	CRISIL AAA	0.35%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA · Bond	CRISIL AAA	0.35%
INDIGRID INFRASTRUCTURE TRUST · Bond	CRISIL AAA	0.34%
Tamil Nadu State Govt - 2033 - Tamil Nadu · State government security	SOV	0.34%
HDFC BANK LTD. · Certificate of deposit	CARE A1+	0.34%
BANK OF BARODA · Certificate of deposit	FITCH A1+	0.34%
NOMURA CAPITAL (INDIA) PRIVATE LIMITED · Bond	FITCH AAA	0.32%
PTC INDIA UNIVERSAL TRUST AL2 (SERIES A2) 21/11/2027(INDIA UNIVERSAL TRUST AL2)	FITCH AAA(SO)	0.32%
Maharashtra State Govt - 2033 - Maharashtra · State government security	SOV	0.23%
HDFC BANK LTD. · Bond	CRISIL AAA	0.18%
REC LTD · Bond	CRISIL AAA	0.17%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Bond	CRISIL AAA	0.17%
Central Government - 2054 · Government security	SOV	0.07%
PTC SANSAR TRUST (SERIES A1) 25/06/2030 ( MAT 31/08/2027)(SANSAR TRUST)	CRISIL AAA(SO)	0.04%
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT · Bond	FITCH AAA	0.04%
PTC SANSAR TRUST (AUGUST 24 V) 25/09/2029(SANSAR TRUST)	CRISIL AAA(SO)	0.02%
Tamil Nadu State Govt - 2031 - Tamil Nadu · State government security	SOV	0.01%
Tamil Nadu State Govt - 2031 - Tamil Nadu · State government security	SOV	0.01%
Uttar Pradesh State Govt - 2030 - Uttar Pradesh · State government security	SOV	0.00%
Tamil Nadu State Govt - 2032 - Tamil Nadu · State government security	SOV	0.00%
HDB FINANCIAL SERVICES LTD. · Bond	CRISIL AAA	0.00%
Central Government - 2033 · Government security	SOV	0.00%

Kotak Short Term Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
Kotak Corporate Bond FundCorporate Bond · Kotak Mahindra	49.2%	54	Compare
UTI - Corporate Bond FundCorporate Bond · UTI	20.5%	18	Compare
Kotak Banking and PSU Debt FundBanking & PSU · Kotak Mahindra	20.4%	23	Compare
ICICI Prudential Short Term FundShort Duration · ICICI Prudential	20.2%	33	Compare
AXIS Corporate Bond FundCorporate Bond · Axis	19.3%	26	Compare
ICICI Prudential Corporate Bond FundCorporate Bond · ICICI Prudential	18.2%	32	Compare
HDFC Short Term FundShort Duration · HDFC	17.0%	25	Compare
HSBC Banking and PSU Debt FundBanking & PSU · HSBC	16.6%	19	Compare

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 Short Term Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.38%
Expense ratio (Regular): 1.12%
Category: Short Duration
Risk: Moderate
Benchmark: NIFTY Short Duration Debt Index A-II
Launch date: 02-05-2002
Minimum investment: ₹100
Minimum additional investment: ₹100
AUM: ₹14,241.27 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 119739
ISIN (Direct): INF174K01JI7
Scheme code (Regular): 101373
ISIN (Regular): INF174K01ES7
NAV history: From 02-01-2013, 13.8 years

Exit load: Nil

Tax on Kotak Short Term Fund returns

Kotak Short Term 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	Standard Income Distribution Cum Capital Withdrawal	₹16.2549	30-10-2026
direct	Growth	₹61.2595	30-10-2026
direct	IDCW Weekly	₹9.9819	30-10-2026
regular	Growth	₹55.1139	30-10-2026
regular	Normal Dividend	₹12.2361	30-10-2026
regular	IDCW Weekly	₹9.9818	30-10-2026

About Kotak Short Term Fund

Kotak Short Term Fund is a mutual fund from Kotak Mahindra Mutual Fund. Its category is Short Duration. It was launched on 02-05-2002. Its benchmark is NIFTY Short Duration Debt Index A-II. At the end of September 2026 it held 96 securities.

Fund Manager

Deepak Agrawal
Fund manager of Kotak Short Term Fund, since 11-07-2007
Abhishek Bisen
Fund manager of Kotak Short Term Fund, since 01-11-2022

See all funds of Kotak Mahindra Mutual Fund

AUM change

September 2026: ₹14,241.27 Cr; −1.35% from August 2026
August 2026: ₹14,436.48 Cr; +1.01% from July 2026
July 2026: ₹14,291.67 Cr; −0.48% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare Kotak Short Term Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

Kotak Short Term vs Bandhan Short TermShort Duration
Kotak Short Term vs Axis Short TermShort Duration
Kotak Short Term vs Mahindra Manulife Short TermShort Duration
Kotak Short Term vs Bank of India Short TermShort Duration
Kotak Short Term vs ICICI Prudential Short Term20.2% overlap
Kotak Short Term vs Kotak Corporate Bond49.2% overlap
Kotak Short Term vs UTI - Corporate Bond20.5% overlap
Kotak Short Term vs Kotak Banking and PSU Debt20.4% overlap

Compare with any other fund

Frequently Asked Questions for Kotak Short Term Fund

What is the current NAV of Kotak Short Term Fund?

The Direct plan NAV is ₹61.2595. The Regular plan NAV is ₹55.1139, as on 30-10-2026.

What are the returns of Kotak Short Term Fund?

The Direct plan returned +4.35% in 1 year, +7.23% a year over 3 years, +6.35% a year over 5 years. The Regular plan returned +3.59% in 1 year, +6.43% a year over 3 years, +5.53% a year over 5 years. These figures are as on 30-10-2026.

What is the expense ratio of Kotak Short Term Fund?

The Direct plan charges 0.38% a year. The Regular plan charges 1.12% a year. This is the figure the fund house reported to AMFI, in force from 01-10-2026.

What is the AUM of Kotak Short Term Fund?

Kotak Short Term Fund managed ₹14,241.27 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of Kotak Short Term Fund?

At the end of September 2026 the largest holdings were NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT (4.23%), LIC HOUSING FINANCE LTD. (3.47%), Power Finance Corporation Ltd.(^) (3.33%), MINDSPACE BUSINESS PARKS REIT (2.83%), SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (2.78%). The fund held 96 securities in all.

How do I invest in Kotak Short Term 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 ₹100. You can invest once or through a monthly SIP.

Who is the fund manager of Kotak Short Term Fund?

Deepak Agrawal (since 11-07-2007), Abhishek Bisen (since 01-11-2022).

What is the exit load of Kotak Short Term Fund?

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.