Should I invest in Kotak Flexi-Debt - Daily Dividend?

We don't give personal investment advice. Kotak Flexi-Debt- Regular Plan - Daily Dividend is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.4%. 5-year CAGR: 7.20%.

Kotak Mahindra

Kotak Flexi-Debt- Regular Plan - Daily Dividend

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	-0.01%	-14.54%	+14.53	201 / 373	Q3
1W	+0.17%	-15.89%	+16.06	47 / 369	Q1
2W	+0.15%	-15.78%	+15.93	92 / 371	Q1
1M	+1.61%	-16.05%	+17.66	18 / 373	Q1
3M	+4.28%	-17.27%	+21.56	12 / 366	Q1
6M	+7.65%	-30.18%	+37.83	14 / 393	Q1
YTD	+11.24%	-32.85%	+44.10	4 / 414	Q1
1Y	+11.92%	-15.79%	+27.71	1 / 309	Q1
2Y	+10.53%	-13.41%	+23.94	6 / 142	Q1
3Y	+10.12%	-6.89%	+17.01	4 / 95	Q1
4Y	+9.05%	+2.81%	+6.24	4 / 84	Q1
5Y	+7.20%	+2.94%	+4.26	18 / 76	Q1
7Y	+5.26%	+2.77%	+2.48	22 / 67	Q2
10Y	+3.67%	+2.81%	+0.86	14 / 38	Q2
Inception	+3.53%	-35.69%	+39.22	109 / 497	Q1

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2016 YTD	+11.24%	+3.89%	+7.36	4 / 45
2015	+7.03%	+2.84%	+4.19	9 / 66
2014	+10.06%	+4.08%	+5.99	7 / 76
2013	+7.12%	+2.34%	+4.79	21 / 76
2012	+0.50%	+3.72%	-3.22	48 / 78
2011	+0.71%	+3.23%	-2.52	39 / 66
2010	+0.38%	-11.73%	+12.12	58 / 132
2009	+0.20%	-33.69%	+33.89	113 / 316
2008	+0.00%	-14.40%	+14.40	75 / 119
2007	+0.00%	+5.47%	-5.47	21 / 21
2006	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+3.20%

116 windows

min -0.3% · max 12.4%

78% positive

3-Year rolling

+2.81%

92 windows

min -0.1% · max 10.1%

97% positive

5-Year rolling

+2.44%

67 windows

min 0.3% · max 7.2%

100% positive

7-Year rolling

+2.64%

43 windows

min 0.6% · max 5.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

2.04%

3-year · annualised

Sharpe ratio

1.57

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-1.41%

Jan 2016 → Feb 2016

% positive months

94.4%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
21 Oct 2016	₹14.3817
20 Oct 2016	₹14.3832
19 Oct 2016	₹14.3852
18 Oct 2016	₹14.3839
17 Oct 2016	₹14.3639
14 Oct 2016	₹14.3578
13 Oct 2016	₹14.3730
10 Oct 2016	₹14.3811
7 Oct 2016	₹14.3608
6 Oct 2016	₹14.3862

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

Kotak Flexi-Debt- Regular Plan - Daily Dividend is a Income from Kotak Mahindra (Regular plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

Kotak Flexi-Debt- Regular Plan - Daily Dividend has NAV history starting from 03 May 2006, a track record of about 20 years 1 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

Kotak Flexi-Debt- Regular Plan - Daily Dividend is managed by Kotak Mahindra. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Kotak Flexi-Debt- Regular Plan - Daily Dividend has delivered a absolute return of 11.92% — +27.71 pp ahead of the Income category average of -15.79%. The fund ranks #1 of 309 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Kotak Flexi-Debt- Regular Plan - Daily Dividend has delivered a CAGR of 10.12% — +17.01 pp ahead of the Income category average of -6.89%. The fund ranks #4 of 95 in its category — the top (Q1) quartile.

Over the trailing 5-year window, Kotak Flexi-Debt- Regular Plan - Daily Dividend has delivered a CAGR of 7.20% — +4.26 pp ahead of the Income category average of 2.94%. The fund ranks #18 of 76 in its category — the top (Q1) quartile.

₹1 lakh invested in Kotak Flexi-Debt- Regular Plan - Daily Dividend exactly 10 years ago would be worth approximately ₹143,370 today — a multiplier of 1.43×, based on the 10-year CAGR of 3.67%. The category average over the same window would have grown ₹1 lakh to ₹131,897.

A ₹10,000 monthly SIP in Kotak Flexi-Debt- Regular Plan - Daily Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹761,244 today. That's an XIRR (money-weighted annualised return) of 9.44%.

A ₹10,000 monthly SIP for 10 years in Kotak Flexi-Debt- Regular Plan - Daily Dividend = ₹1,200,000 invested. It would currently be worth ₹1,619,134 (multiplier 1.35×). XIRR: 5.84%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Kotak Flexi-Debt- Regular Plan - Daily Dividend ranks #18 out of 76 funds in the Income category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 2.94%; this fund delivered 7.20%.

The worst peak-to-trough decline Kotak Flexi-Debt- Regular Plan - Daily Dividend has experienced over the last 5-year window is 1.41% — its NAV fell from a high on 11 Jan 2016 to a low on 25 Feb 2016. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, Kotak Flexi-Debt- Regular Plan - Daily Dividend averaged 2.44% (best 7.20%, worst 0.26%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.24 — weak risk-adjusted performance.

In calendar year 2015, Kotak Flexi-Debt- Regular Plan - Daily Dividend returned 7.03% — beating the Income category average of 2.84% by 4.19 pp. It ranked #9 of 66 in its category that year.

Kotak Flexi-Debt- Regular Plan - Daily Dividend is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. Kotak Flexi-Debt- Regular Plan - Daily Dividend is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 1.4%. 5-year CAGR: 7.20%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.