Formerly Kotak Floater S/T Reg Mn DP
Money market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
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.
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
NAV (Oct 3)
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 (20y ago)
Jul 14, 2003
AUM in Crores
Nifty Money Market B-I TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Kotak Money Market of fund (PIDCW-M)||8,30,002||97,390||5.2%|
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 21-12-20234.4%
hdfc bank limited4.2%
punjab national bank3.7%
the federal bank limited2.9%
punjab and sind bank2.9%
Kotak Mahindra Asset Management Co Ltd
|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 5.6% over a period of 20 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, Manu Sharma, Palha Khanna, Vihag Mishra.
Nav of Kotak Money Market of fund (PIDCW-M) as of 10/3/2023 is ₹1054.67 with the total AUM as of 10/4/2023 is ₹16843.112. 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 Moderately High 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 B-I TR INR.
Kotak Money Market of fund (PIDCW-M) is rated as a 3 fund in Debt and delivered 7.2% 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 0.35% for regular plan.