INF174K01MY8
The investment objective of Kotak Money Market Scheme is to reduce the interest rate risk associated with investments in fixed rate investments by predominantly investing in floating rate securities, money market instruments and using appropriate derivatives. The scheme is uniquely positioned to take advantage of the short end of the yield curve. Kotak Money Market Scheme is suitable for investors who are looking for short term parking of surplus funds.
The Scheme seeks to generate returns by investing in money market instruments having maturity upto 1 year. Kotak Money Market Fund (An open ended debt scheme investing in money market instruments. A relatively low interest rate risk and moderate credit risk.)
- Fund Type: Open-ended debt scheme
- Investment Universe: Money market instruments with maturity up to 1 year
- Risk Profile: Low to moderate risk
- Investment Strategy: Focus on floating rate securities and short-term instruments
- Suitable For: Short-term surplus fund parking and conservative investors
Mr. Deepak Agrawal has been managing the fund since 01/11/2006 & Mr. Manu Sharma has been managing the fund since 01/11/2022.
Deepak Agarwal is a Chartered Account and Company Secretary while also holding a post-graduation degree in Commerce. He became part of the fund management team of KMAMC in November 2006. Prior to that, he was in the research and dealing department where he joined back in December 2002.
Co-manager of the fund since November 2022, bringing additional expertise to the fund management process.
Kotak Mahindra Asset Management Company Limited (KMAMC) is a public limited company registered under the Companies Act, 1956 on August 2, 1994. The company is the asset manager of Kotak Mahindra Mutual Fund (KMMF) and a wholly and a subsidiary of Kotak Mahindra Bank Limited (KMBL). Kotak Mutual Fund began its operations back in December 1998.
- Establishment: Scheme Inception date is 14/07/2003.
- Total AUM: As of June 30, 2025, we manage an average AUM of ₹5.57 lakh crores.
- Fund AUM: AUM: ₹ 31,657 Cr. As on 31-May-2025
- Schemes Offered: Currently, the company offers around 261 schemes catering to the variable risk appetite of investors.
- Branch Network: As of 31st March 2024, the asset under management of Kotak AMC is more than 3.81 lakh crores. KMAMC has 86 branches spread over 82 cities in India and has 25.9 lakh unique investors.
It was the first AMC to offer a dedicated gilt fund for investing solely in Government securities. It is one of the top asset management companies in India.
Suitable For:
- Investors seeking short-term parking of surplus funds
- Conservative investors with low risk appetite
- Those looking for better returns than bank savings accounts
- Investors wanting predictable returns with low volatility
Performance Metrics (as of August 2025):
- 1-Year Returns: 8.02% (1 year), 7.46% (3 year), 6.01% (5 year)
- 5-Year Returns: Over the past five years, Kotak Money Market Fund - Regular Plan has delivered an annualised return of 6.02% as of 07-Aug-2025.
- Expense Ratio: The expense ratio of this fund is 0.36%.
- Minimum Investment: The minimum investment required to start investing in Kotak Money Market Fund - Regular Plan is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.
Important Considerations:
- These funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run.
- Suitable for short-term financial goals and emergency fund parking
- Low interest rate risk but moderate credit risk involved
What is today's NAV of Kotak Money Market Fund?
The latest declared NAV of Kotak Money Market Fund - Regular Plan, is ₹4,531.3562 as of 07-Aug-2025. NAV changes daily based on market conditions.
What is the AUM of Kotak Money Market Fund?
AUM: ₹ 31,657 Cr. As on 31-May-2025 The fund size indicates strong investor confidence and sufficient liquidity.
What is the expense ratio of Kotak Money Market Fund?
The expense ratio of this fund is 0.36%. This is relatively low for debt funds, making it cost-effective for investors.
What are the returns of Kotak Money Market Fund since inception?
The fund has delivered consistent returns since its inception on July 14, 2003. Kotak Money Market Fund - (Growth) trailing returns over different times are 8.02% (1 year), 7.46% (3 year), 6.01% (5 year).
What is the minimum SIP amount to invest in Kotak Money Market Fund?
The minimum investment required to start investing in Kotak Money Market Fund - Regular Plan is ₹100 for the lump sum option and ₹100 for the SIP (Systematic Investment Plan) option.
How do I invest in Kotak Money Market Fund?
You can invest in Kotak Money Market Fund through Allvest platform online. Simply create an account, complete KYC, select the fund, and make payment through various options available.
How to start a SIP in Kotak Money Market Fund?
Through Allvest platform, you can easily set up a SIP by selecting the fund, choosing SIP amount, frequency, and date. The minimum SIP amount is ₹100.
How do I automate an SIP in Kotak Money Market Fund?
Allvest offers auto-debit facility for SIPs. Once you set up the SIP with bank mandate, the amount gets automatically debited on your chosen date.
How can I withdraw/redeem my investment in Kotak Money Market Fund?
You can redeem your units through Allvest platform online or offline. Redemption requests are typically processed within 1-3 business days with no exit load.
Clients/Investors to abstain them from dealing in any schemes of unauthorised collective investments / portfolio management, indicative/ guaranteed/fixed returns / payments etc.
Sr. No
Name of KMP
Designation
Mobile Number
Email ID
2.
Mr. Amit Bansal
Designated Director /
Compliance Officer