• Mutual Funds
  • Kotak Mutual Fund
  • Kotak Money Market of fund (RIDCW-W)

Formerly Kotak Floater S/T Reg Wk DR

Kotak Mutual Fund

Kotak Money Market of fund (RIDCW-W)

DebtMoney Market

1030.9311

NAV (Sep 17)

5%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in money market mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Rolling Returns

Satisfactory

The performance of the fund on a Rolling Returns metric has been Satisfactory

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Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

NAV ()

Fund Returns

Last 1Y
NA
Last 3Y
NA
Last 5Y
NA
Last 10Y
NA
Since Inception
NA
6 Month CAGR
NA

Scheme Information

Investment Objective

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
0.36
Launched (20y ago)
Feb 25, 2004
AUM in Crores
20244.603
ISIN
INF174K01NC2
Lock-in
No Lock-in
Benchmark
CRISIL Money Market TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
0.5
Standard Deviation (5yr)
0.4
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
0.062
Sharpe Ratio (5yr)
-1.435
YTM
7.73
Fund Managers

Manu Sharma

Fund Manager

Palha Khanna

Fund Manager

Deepak Agrawal

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Kotak Money Market of fund (RIDCW-W)70%8,25,950 93,3385%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2021-09-17

Top Debt Holdings

punjab national bank

3.6%
3.6%

axis bank ltd.

3%
3%

7.03% govt stock 2024

2.8%
2.8%

punjab national bank

2.8%
2.8%

hdfc bank limited

2.7%
2.7%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)

₹ 10,797 cr

₹ 4,984 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

Kotak Mahindra Asset Management Co Ltd

Kotak Mahindra Asset Management Co Ltd manages assets worth 423,181 crores and was set up on 5 August 1994. It's current offering of mutual fund schemes includes 57 equity,190 debt and 19 hybrid funds.amc-img
phone-img022-66384444
Fund NameScripbox Opinion
Till Date CAGR

11.9%

8.2%

15.7%

15.1%

-

5.2%

11.9%

8.2%

11.9%

8.2%

Kotak Money Market of fund (RIDCW-W) Review

Kotak Money Market of fund (RIDCW-W) 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 Wk DR. The fund is managed by Kotak Mahindra Asset Management Co Ltd. The fund managers are Deepak Agrawal, Manu Sharma, Palha Khanna.

Nav of Kotak Money Market of fund (RIDCW-W) as of 9/17/2021 is ₹1030.93 with the total AUM as of 6/13/2024 is ₹20244.603. With Scripbox you can compare and check the latest nav for all mutual funds in India. Kotak Money Market of fund (RIDCW-W) was launched on Feb 25, 2004. The category risk of the fund is Moderate Risk.

The minimum SIP amount for Kotak Money Market of fund (RIDCW-W) is ₹0 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-W) 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 CRISIL Money Market TR INR.

Kotak Money Market of fund (RIDCW-W) 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 (RIDCW-W).

Frequently Asked Questions

What is Kotak Money Market of fund (RIDCW-W)?

Kotak Money Market of fund (RIDCW-W) is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Kotak Money Market of fund (RIDCW-W)?

You can invest in Kotak Money Market of fund (RIDCW-W) 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-W)?

The minimum sip amount for Kotak Money Market of fund (RIDCW-W) is ₹0. You can invest in multiples of ₹5000.

Is Kotak Money Market of fund (RIDCW-W) good to invest in?

As per Scripbox experts, Kotak Money Market of fund (RIDCW-W) is a Neutral fund. You can investKotak Money Market of fund (RIDCW-W) 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-W)?

The expense ratio of the Kotak Money Market of fund (RIDCW-W) is 0.36% for regular plan.