INF174K01FD6
Kotak Savings Fund is an open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months and 6 months with moderate interest rate risk and moderate credit risk. The fund aims to provide stable returns through investments in debt and money market instruments with reduced interest rate risk.
The scheme follows a strategic approach by maintaining a diversified portfolio of debt securities and money market instruments. This open ended fund scheme is suitable for investors seeking investment in debt & money market securities with portfolio Macaulay duration between 3 months & 6 months. The fund uses interest rate swaps for hedging, with hedging position through Interest Rate Swaps as on 31 June 2025 being 48.28% of the net assets.
Key investment features include:
- Portfolio duration maintained between 3-6 months
- Focus on debt and money market securities
- Strategic use of interest rate derivatives for risk management
- Emphasis on capital preservation with moderate returns
The fund is managed by Mr. Deepak Agrawal who has been managing the fund since 01/04/2008 and Mr. Manu Sharma who has been managing the fund since 01/11/2022. Both fund managers bring extensive experience in debt fund management and fixed income securities.
Mr. Deepak Agrawal - With over 16 years of experience managing the fund, he brings deep expertise in debt securities and interest rate management strategies.
Mr. Manu Sharma - A seasoned fixed income professional who joined the fund management team in November 2022, adding fresh perspectives to the investment approach.
Kotak Mahindra Asset Management Company Limited (KMAMC), a wholly owned subsidiary of Kotak Mahindra Bank Limited (KMBL), is the Asset Manager for Kotak Mahindra Mutual Fund (KMMF) and started operations in December 1998. As of March 31, 2025, Kotak Mutual Fund ranked 5th by AUM among 43 Indian AMCs with AUM of ₹4.78 lakh crore and over 1.31 crore investor folios on record.
Key highlights of Kotak AMC:
- As of June 30, 2025, manages an average AUM of ₹5.57 lakh crores
- Has 100 branches in 80 cities in India with over 99,000 distributors by 2025
- Fifth largest AMC based on Quarterly AUM
- Pioneer in introducing innovative schemes including India's first dedicated gilt fund
The AMC has established itself as a trusted name in the mutual fund industry with a strong track record of fund management and investor service. As a successful asset management company, Kotak is responsible for introducing several innovative schemes in the market and was the first AMC to have a dedicated gilt fund to invest exclusively in Government securities.
Kotak Savings Fund is designed for conservative investors seeking better returns than traditional savings accounts with minimal risk. The fund is ideal for:
Suitable for:
- Investors with low risk appetite seeking stable returns
- Those looking for short-term investment horizons (3-12 months)
- Investors wanting to park surplus funds temporarily
- First-time mutual fund investors preferring debt exposure
Investment Considerations:
- The fund has an AUM of ₹15,526.59 Crores with latest NAV of ₹45.231 as on 03 Aug 2025
- Recent performance shows 1 year return of 7.84%, 3 years return of 23.89% and 147.28% since scheme launch
- Minimum SIP amount is ₹100, making it accessible for small investors
The fund's ultra-short duration strategy helps minimize interest rate risk while providing liquidity. However, investors should consider their investment timeline and risk tolerance before investing.
What is today's NAV of Kotak Savings Fund?
The latest NAV of Kotak Savings Fund Direct-Growth is ₹45.231 as on 03 Aug 2025. NAVs are updated daily after market closure.
What is the AUM of Kotak Savings Fund?
The AUM of Kotak Savings Fund is ₹16,055 Cr as on 31-Jul-2025. This represents the total value of assets managed by the fund.
What is the expense ratio of Kotak Savings Fund?
The expense ratio varies between direct and regular plans. Total Expense Ratio includes applicable B30 fee and GST. Check the latest factsheet for current expense ratios.
What are the returns of Kotak Savings Fund since inception?
The scheme inception date is 13/08/2004. The fund has delivered 147.28% returns since scheme launch. Past performance doesn't guarantee future results.
What is the minimum SIP amount to invest in Kotak Savings Fund?
The minimum SIP amount to invest in this scheme is ₹100. This makes it accessible for investors with limited monthly savings.
How do I invest in Kotak Savings Fund?
You can invest in Kotak Savings Fund through Allvest platform online. Complete your KYC, select the fund, choose investment amount and mode (SIP/lump sum) to begin investing.
How to start a SIP in Kotak Savings Fund?
Register on Allvest, complete KYC verification, select Kotak Savings Fund, choose SIP option, set monthly amount (minimum ₹100) and investment date to start your SIP.
How do I automate an SIP in Kotak Savings Fund?
Set up auto-debit mandate while starting SIP on Allvest. This automatically debits the SIP amount from your bank account on the chosen date each month.
How can I withdraw/redeem my investment in Kotak Savings Fund?
Log into your Allvest account, select the fund, choose redemption option, enter units or amount to redeem. The proceeds will be credited to your registered bank account within 2-3 working days.
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