Formerly Kotak Floater S/T Reg Mn DP
However, Scripbox does not recommend investing in money market mutual funds.
Money Market Funds invest in money market instruments with maturity upto 1 year.
This category accounts for close to 5% of the total Debt fund assets.
Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
₹ 15,784 Cr
The performance of the fund on a Fund Size metric has been Good
The performance of the fund on a Rolling Returns metric has been Satisfactory
View all 8 analysis
Want the most stable money market funds for your portfolio?
NAV (Aug 5)
6 Month CAGR
The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year.There is no assurance that the investment objective of the Scheme will be realised.
Launched (19y ago)
Jul 14, 2003
AUM in Crores
Nifty Money Market TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
182 Days Treasury Bill 15-09-20228.4%
housing development finance corporation limited6.9%
182 Days Treasury Bill 15-12-20224%
182 Days Treasury Bill 22-12-20223.7%
small industries development bank of india3.7%
|Fund Name||Fund Size||Rolling Returns|
₹ 49,911 cr
₹ 14,870 cr
₹ 15,889 cr
₹ 14,702 cr
₹ 49,911 cr
Kotak Mahindra Asset Management Co Ltd
Kotak Mahindra Asset Management Co Ltd manages assets worth 278,893 crores and was set up on 5 August 1994. It's current offering of mutual fund schemes includes 40 equity,164 debt and 26 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
Kotak Money Market of fund (PIDCW-M) is a Money Market Debt fund and has delivered an annualised return of 5.5% over a period of 19 years. The fund was previously known as Kotak Floater S/T Reg Mn DP. The fund is managed by Kotak Mahindra Asset Management Co Ltd. The fund managers are Deepak Agrawal, Vihag Mishra.
Nav of Kotak Money Market of fund (PIDCW-M) as of 8/5/2022 is ₹1053.79 with the total AUM as of 8/6/2022 is ₹15784.209. With Scripbox you can compare and check the latest nav for all mutual funds in India. Kotak Money Market of fund (PIDCW-M) was launched on Jul 14, 2003. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for Kotak Money Market of fund (PIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Kotak Money Market of fund (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Money Market TR INR.
Kotak Money Market of fund (PIDCW-M) is rated as a 3 fund in Debt and delivered 3.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Kotak Money Market of fund (PIDCW-M).
What is Kotak Money Market of fund (PIDCW-M)?
How to invest in Kotak Money Market of fund (PIDCW-M)?
You can invest in Kotak Money Market of fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Kotak Money Market of fund (PIDCW-M)?
The minimum sip amount for Kotak Money Market of fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is Kotak Money Market of fund (PIDCW-M) good to invest in?
As per Scripbox experts, Kotak Money Market of fund (PIDCW-M) is a Neutral fund. You can investKotak Money Market of fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Kotak Money Market of fund (PIDCW-M)?
The expense ratio of the Kotak Money Market of fund (PIDCW-M) is 0.36% for regular plan.