Kotak Money Market Fund - IDCW - Direct Plan

Item: Kotak Money Market Fund - IDCW - Direct Plan
Rating: 4
Author: PersonalFN

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₹1200.9309 0.02 %Nav, as on 07-03-2025
Previous Nav
₹ 1200.7139
Net Change on 07-03-2025
₹0.22
PersonalFN Rating
Category
Debt - Money Market Fund
Assets (Cr.)
₹ 27,942.82
Expense Ratio
0.24%
(As on Feb 28, 2025)

Fund Overview IDCW | Direct Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
31-Dec-2012
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
100
Minimum Addl Investment (₹)
100
Exit Load (%)
Nil
Minimum SIP Investment (₹)
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
2127.65
52 Week Low Nav Date
11-Mar-2024
52 Week High Nav (₹)
2287.13
52 Week High Nav Date
07-Mar-2025

Fund Objective

The investment objective of the Scheme is to generate returns by investing in money market instruments having maturity upto 1 year.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct	6.45	6.93	7.59	6.93	5.93	5.77
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Money Market Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Money Market Fund - (Monthly Payout of Income Distribution cum capital withdrawal option) - Direct	Dec 31, 2012	7.59	6.93	5.93	0.24	27,942.82
TATA Money Market Fund Direct Plan - Daily Reinvestment of Income Distribution cum capital withdrawal option	Dec 31, 2012	7.77	7.10	6.26	0.16	28,157.29
UTI Money Market Fund - Direct Plan - Annual IDCW	Sep 15, 2014	7.65	6.96	6.07	0.15	18,083.13
UTI Money Market Fund - Direct Plan - Daily IDCW (Reinvestment)	Dec 31, 2012	7.73	6.98	6.08	0.15	18,083.13
UTI Money Market Fund - Direct Plan - Flexi IDCW	Apr 02, 2018	7.65	6.95	6.10	0.15	18,083.13
UTI Money Market Fund - Direct Plan - Fortnightly IDCW	Sep 15, 2014	7.65	6.96	6.05	0.15	18,083.13

Fund Holdings as on 28-February-2025

Company % Assets
HDFC BANK LTD.
5.07
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
3.38
AXIS BANK LTD.**
2.52
UNION BANK OF INDIA**
2.19
PUNJAB NATIONAL BANK**
2.02
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
1.84
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.75
UNION BANK OF INDIA**
1.69
UNION BANK OF INDIA**
1.69
364 DAYS TREASURY BILL 29/01/2026
1.69
364 DAYS TREASURY BILL 05/02/2026
1.69
INDIAN BANK**
1.68
CANARA BANK**
1.67
IDBI BANK LTD.**
1.67
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.67
BHARTI TELECOM LTD.**
1.37
364 DAYS TREASURY BILL 04/12/2025
1.36
Panatone Finvest Ltd.**
1.34
UNION BANK OF INDIA**
1.34
INDUSIND BANK LTD.**
1.34
5.22% Central Government - 2025
1.25
UNION BANK OF INDIA
1.17
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.17
INDUSIND BANK LTD.**
1.17
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
1.17
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA**
1.17
HDFC BANK LTD.
1.17
182 DAYS TREASURY BILL 15/05/2025
1.06
FEDERAL BANK LTD.**
1.04
BHARTI TELECOM LTD.**
1.02
ICICI BANK LTD.**
1.02
AXIS BANK LTD.**
1.02
364 DAYS TREASURY BILL 12/02/2026
1.01
MANKIND PHARMA LTD**
0.99
RBL BANK LTD.**
0.89
INDUSIND BANK LTD.**
0.88
AXIS BANK LTD.**
0.88
CANARA BANK
0.86
AXIS BANK LTD.**
0.86
AXIS BANK LTD.**
0.85
HDFC BANK LTD.**
0.85
AXIS BANK LTD.**
0.85
FEDERAL BANK LTD.**
0.85
INDUSIND BANK LTD.**
0.85
PUNJAB NATIONAL BANK
0.85
STANDARD CHARTERED CAPITAL LTD.**
0.84
364 DAYS TREASURY BILL 20/02/2026
0.84
364 DAYS TREASURY BILL 27/02/2026
0.84
PUNJAB & SIND BANK**
0.84
BHARTI TELECOM LTD.**
0.83
MUTHOOT FINANCE LTD.**
0.76
8.29% Maharashtra State Govt - 2025 - Maharashtra
0.75
8.23% Gujarat State Govt - 2025 - Gujarat
0.72
CREDILA FINANCIAL SERVICES PVT LTD**
0.71
Muthoot Fincorp Ltd.**
0.70
8.24% Tamil Nadu State Govt - 2025 - Tamil Nadu
0.69
364 DAYS TREASURY BILL 06/11/2025
0.69
PUNJAB NATIONAL BANK**
0.67
AU SMALL FINANCE BANK LTD.**
0.67
BIRLA GROUP HOLDING PRIVATE LIMITED**
0.67
Net Current Assets/(Liabilities)
0.67
MOTILAL OSWAL FINANCIAL SERVICES LIMITED**
0.66
PIRAMAL CAPITAL & HOUSING FINANCE LTD.**
0.66
PIRAMAL CAPITAL & HOUSING FINANCE LTD.**
0.66
PIRAMAL CAPITAL & HOUSING FINANCE LTD.**
0.66
PUNJAB NATIONAL BANK**
0.63
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.59
UNION BANK OF INDIA**
0.58
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
0.58
IDBI BANK LTD.**
0.58
INDUSIND BANK LTD.**
0.54
HDFC BANK LTD.
0.54
IIFL FINANCE LIMITED**
0.54
AXIS BANK LTD.**
0.52
HERO FINCORP LTD.**
0.51
MUTHOOT FINANCE LTD.**
0.51
HDFC BANK LTD.
0.51
MUTHOOT FINANCE LTD.**
0.50
CANARA BANK**
0.50
INDUSIND BANK LTD.**
0.50
MOTILAL OSWAL FINANCIAL SERVICES LIMITED**
0.50
MOTILAL OSWAL FINANCIAL SERVICES LIMITED**
0.50
8.59% Karnataka State Govt - 2025 - Karnataka
0.38
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.36
BIRLA GROUP HOLDING PRIVATE LIMITED**
0.36
MOTILAL OSWAL FINANCIAL SERVICES LIMITED**
0.36
MANKIND PHARMA LTD**
0.35
182 DAYS TREASURY BILL 01/05/2025
0.35
182 DAYS TREASURY BILL 08/05/2025
0.35
NETWORK18 MEDIA & INVESTMENTS LTD.**
0.35
SHAREKHAN LIMITED**
0.35
STANDARD CHARTERED CAPITAL LTD.**
0.35
SHAREKHAN LIMITED**
0.35
INDUSIND BANK LTD.**
0.35
ADITYA BIRLA FINANCE LTD.**
0.34
SHAREKHAN LIMITED**
0.34
SHAREKHAN LIMITED**
0.34
STANDARD CHARTERED CAPITAL LTD.**
0.34
TATA PROJECTS LTD.**
0.34
HERO FINCORP LTD.**
0.34
CANARA BANK**
0.34
INDIAN BANK**
0.34
JULIUS BAER CAPITAL (INDIA) PVT. LTD**
0.33
GODREJ HOUSING FINANCE LTD**
0.33
HERO FINCORP LTD.**
0.33
NATIONAL BANK FOR AGRICULTURE & RURAL DEVELOPMENT**
0.33
MUTHOOT FINANCE LTD.**
0.33
364 DAYS TREASURY BILL 21/11/2025
0.32
8.39% Madhya Pradesh State Govt - 2026 - Madhya Pradesh
0.27
ICICI SECURITIES LIMITED**
0.27
MUTHOOT FINANCE LTD.
0.26
8.15% Gujarat State Govt - 2025 - Gujarat
0.26
SBI ALTERNATIVE INVESTMENT FUND
0.26
MUTHOOT FINANCE LTD.**
0.25
8.21% Haryana State Govt - 2025 - Haryana
0.24
7.96% Gujarat State Govt - 2025 - Gujarat
0.20
8.38% Haryana State Govt - 2026 - Haryana
0.18
ICICI SECURITIES LIMITED**
0.18
ADITYA BIRLA FINANCE LTD.**
0.18
MOTILAL OSWAL FINANCIAL SERVICES LIMITED**
0.18
NUVAMA WEALTH AND INVESTMENT LTD**
0.17
8.27% Madhya Pradesh State Govt - 2025 - Madhya Pradesh
0.17
Bahadur Chand Investments Private Limited**
0.17
6.9% Tamil Nadu State Govt - 2025 - Tamil Nadu
0.13
HDFC BANK LTD.**
0.09
8.16% Maharashtra State Govt - 2025 - Maharashtra
0.05
7.97% Tamil Nadu State Govt - 2025 - Tamil Nadu
0.02
8.29% Tamil Nadu State Govt - 2025 - Tamil Nadu
0.02

Sector Holding%
Miscellaneous
61.12

Fund Manager

Deepak Agrawal

Education:Post Graduate in Commerce from Mumbai University, a qualified chartered account and a company secretary. Also cleared AIMR CFA Level
Experience:14 Years
Basic Details:Mr. Deepak Agrawal's career has started from Kotak AMC when he joined the organization in December 2002, where he was initially in Research, Dealing and then moved into Fund Management from November 2006.
Funds Managed:
Kotak Bond Short Term Fund
Kotak Floating Rate Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Banking and PSU Debt Fund
Kotak Bond Short Term Fund
Kotak Corporate Bond Fund
Kotak Credit Risk Fund
Kotak Dynamic Bond Fund
Kotak Floating Rate Fund
Kotak Liquid Fund
Kotak Low Duration Fund
Kotak Medium Term Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Savings Fund

Manu Sharma

Education:Chartered Accountant & M.Com
Experience:16 years
Basic Details:Mr. Manu Sharma has over 17 years of experience in the fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation. He joinedKotak AMC from Deskera Systems in September 2019 and was based out of Bangalore/Singapore for one year. Prior to it Mr. Manu was with Kotak AMCsince September 2006 to June 2018 and has handled major assignments like the Fund Management, Operations and Finance for the KotakAMC.
Funds Managed:
Kotak Floating Rate Fund
Kotak Money Market Fund
Kotak Corporate Bond Fund
Kotak Floating Rate Fund
Kotak Low Duration Fund
Kotak Money Market Fund
Kotak Savings Fund

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
13/02/2025
75.79
13/11/2024
66.86
13/08/2024
70.50
14/05/2024
62.38
13/03/2024
81.31
13/02/2024
66.09
13/12/2023
60.95
15/11/2023
67.64
17/08/2022
44.39
13/07/2022
48.95
15/03/2022
29.89
15/02/2022
14.26
13/01/2022
33.79
14/12/2021
33.97
15/11/2021
29.63
13/10/2021
25.58
15/12/2020
31.39
13/11/2020
37.46
13/10/2020
40.21
15/09/2020
34.19
13/08/2020
28.34
14/07/2020
66.56
15/06/2020
65.49
13/05/2020
75.24
15/04/2020
52.10
13/03/2020
43.39
13/02/2020
50.13
14/01/2020
51.83
13/12/2019
49.82
14/11/2019
58.35
15/10/2019
60.33
13/09/2019
61.55
14/08/2019
82.00
15/07/2019
69.02
13/06/2019
76.75
14/05/2019
57.67
15/04/2019
82.22
13/03/2019
60.83
13/02/2019
65.96
15/01/2019
64.15
13/12/2018
74.18
13/11/2018
65.24
15/10/2018
64.47
14/09/2018
55.80
14/08/2018
66.01
13/07/2018
63.12
13/06/2018
56.91
15/05/2018
58.46
13/04/2018
68.24
13/03/2018
53.09
13/02/2018
56.50
14/01/2018
55.30
13/12/2017
50.77
14/11/2017
56.43
13/10/2017
53.66
15/08/2017
59.46
13/07/2017
54.96
13/06/2017
56.35
14/05/2017
53.28
13/04/2017
54.74
15/03/2017
53.13
14/02/2017
58.18
13/01/2017
54.58
14/12/2016
51.04
16/11/2016
62.40
14/10/2016
60.12
13/09/2016
59.70
15/08/2016
61.34
13/07/2016
61.07
14/06/2016
68.56
13/05/2016
66.51
13/04/2016
74.92
15/03/2016
67.62
14/02/2016
64.17
13/01/2016
61.62
15/12/2015
64.10
15/11/2015
67.36
13/10/2015
60.60
15/09/2015
70.45
13/08/2015
65.78
14/07/2015
70.28
14/06/2015
71.90
13/05/2015
68.13
14/04/2015
82.61
13/03/2015
65.74
13/02/2015
72.05
13/01/2015
67.47
14/12/2014
65.54
13/11/2014
71.74
14/10/2014
74.81
14/09/2014
73.27
13/08/2014
68.21
15/07/2014
76.34
13/06/2014
75.42
13/05/2014
67.32
16/04/2014
91.15
13/03/2014
68.22
13/02/2014
73.15
14/01/2014
79.12
13/12/2013
75.10
13/11/2013
77.94
15/10/2013
93.07
13/09/2013
93.54
14/08/2013
2.96
14/05/2013
51.92
13/03/2013
67.66
13/02/2013
69.14
15/01/2013
0.33

Holding Type Holding %
CARE A1+
16.98
Cash
0.67
CRISIL A1+
51.57
FITCH A1+
5.85
ICRA A1+
9.17
SOV
15.53
Unrated
0.26

About Kotak Money Market Fund

Scheme Analysis

Kotak Money Market Fund is a Debt - Money Market Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 31-Dec-2012 and currently has an AUM of ₹27,942.82 crore. Kotak Money Market Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Money Market Index as secondary index.

The NAV of Kotak Money Market Fund ended up ₹0.22(0.02%)yesterday to ₹1200.9309.

Among its top 3 holdings the fund has exposure to HDFC BANK LTD., and

The Kotak Money Market Fund is managed by Deepak Agrawal and Manu Sharma.

Fund House Contact

Address:

27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Phone Number: +91 (22) 66384400

Email Address: mutual@kotak.com

Fax Number: +91 (22) 66384455

Website: https://www.kotakmf.com/

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