- Mutual Funds
- Kotak Mutual Fund
- Kotak Money Market of fund (RIDCW-M)
Formerly Kotak Floater S/T Reg Mn DR
Kotak Money Market of fund (RIDCW-M)
₹ 1052.3946
NAV (Sep 22)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1052.3946
NAV (Sep 22)
Fund Returns
Last 1Y | 6.5% |
Last 3Y | 4.8% |
Last 5Y | 5.1% |
Last 10Y | 5.5% |
Since Inception | 5.6% |
6 Month CAGR | 3.2% |
Scheme Information
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.
Expense Ratio | 0.35 |
Launched (20y ago) | Jul 14, 2003 |
AUM in Crores | 16843.112 |
ISIN | INF174K01NB4 |
Lock-in | No Lock-in |
Benchmark | Nifty Money Market B-I TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.5 |
Standard Deviation (5yr) | 0.5 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.703 |
Sharpe Ratio (5yr) | 0.038 |
YTM | 7.35 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Kotak Money Market of fund (RIDCW-M) | 8,27,973 | 95,361 | 5.1% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Debt Holdings
182 Days Treasury Bill 21-12-2023
4.4%hdfc bank limited
4.2%punjab national bank
3.7%the federal bank limited
2.9%punjab and sind bank
2.9%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
Kotak Mahindra Asset Management Co Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
3.3% | 7.1% | ||
- | 8.4% | ||
- | 4.2% | ||
3.3% | 7.1% | ||
3.3% | 7.1% |
Kotak Money Market of fund (RIDCW-M) Review
Kotak Money Market of fund (RIDCW-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 DR. 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 (RIDCW-M) as of 9/22/2023 is ₹1052.39 with the total AUM as of 9/23/2023 is ₹16843.112. With Scripbox you can compare and check the latest nav for all mutual funds in India. Kotak Money Market of fund (RIDCW-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 (RIDCW-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 (RIDCW-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 (RIDCW-M) is rated as a 3 fund in Debt and delivered 6.5% 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 (RIDCW-M).
Frequently Asked Questions
What is Kotak Money Market of fund (RIDCW-M)?
How to invest in Kotak Money Market of fund (RIDCW-M)?
You can invest in Kotak Money Market of fund (RIDCW-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 (RIDCW-M)?
The minimum sip amount for Kotak Money Market of fund (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is Kotak Money Market of fund (RIDCW-M) good to invest in?
As per Scripbox experts, Kotak Money Market of fund (RIDCW-M) is a Neutral fund. You can investKotak Money Market of fund (RIDCW-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 (RIDCW-M)?
The expense ratio of the Kotak Money Market of fund (RIDCW-M) is 0.35% for regular plan.