Should I invest in Kotak FMP Series 113 (1094 Days) - Direct Dividend?

We don't give personal investment advice. Kotak FMP Series 113 (1094 Days) - Direct 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.

Kotak

Kotak FMP Series 113 (1094 Days) - Direct Dividend

Latest NAV

₹14.1241

As of

12 Oct 2017

983 NAV records on file

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	+0.02%	-6.79%	+6.81	136 / 1087	Q1
1W	+0.11%	-9.68%	+9.78	156 / 998	Q1
2W	+0.21%	-9.65%	+9.86	157 / 997	Q1
1M	+1.00%	-9.71%	+10.71	13 / 991	Q1
3M	+1.84%	-9.39%	+11.23	52 / 984	Q1
6M	+3.14%	-8.74%	+11.88	91 / 949	Q1
YTD	+4.34%	-8.86%	+13.20	44 / 949	Q1
1Y	+5.35%	-6.69%	+12.05	191 / 916	Q1
2Y	+6.95%	-2.42%	+9.37	193 / 867	Q1
3Y	+7.65%	-1.12%	+8.77	127 / 833	Q1
4Y	+8.21%	+2.93%	+5.29	3 / 140	Q1
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+8.59%	+0.48%	+8.11	57 / 1085	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
2017 YTD	+4.34%	+2.07%	+2.27	112 / 207
2016	+8.06%	+3.56%	+4.50	71 / 167
2015	+8.00%	+2.26%	+5.74	43 / 131
2014	+10.65%	+7.09%	+3.55	17 / 58
2013	—	—	—	—

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

+8.38%

38 windows

min 4.9% · max 11.0%

100% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+8.45%

14 windows

min 7.6% · max 9.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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

0.94%

3-year · annualised

Sharpe ratio

0.96

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.19%

Feb 2015 → Feb 2015

% positive months

100.0%

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.

Peers in Medium to Long Duration Fund

Scheme	Fund house	NAV	As of
HDFC Charity Fund for Cancer Cure - IDCW Option - Direct Plan - 50% IDCW Donation Option	HDFC	₹10.0419	3 Jun 2026
NIPPON INDIA FIXED MATURITY PLAN - XLI - SERIES 8 - DIRECT Plan - IDCW Option	Nippon India	₹17.3687	3 Jun 2026
SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹17.4021	3 Jun 2026
ICICI Prudential Bond Fund - Direct Plan - Half Yearly IDCW	ICICI Prudential	₹10.7370	3 Jun 2026
BANDHAN Fixed Term Plan Series 179 DIRECT PLAN HALF YEARLY-IDCW (3652 days)	Bandhan	₹11.3171	3 Jun 2026
Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 days) - Direct Plan - Payout of IDCW option	Aditya Birla Sun Life	₹13.5041	3 Jun 2026
Franklin India Medium to Long Duration Fund - Direct - IDCW	Franklin India	₹10.4993	3 Jun 2026
Kotak Bond Fund - Direct Plan - Standard IDCW option	Kotak	₹29.3456	3 Jun 2026
DSP FMP Series - 264 - 60M - 17D - Direct - IDCW	DSP	₹13.2410	3 Jun 2026
HSBC Medium to Long Duration Fund - Direct Quarterly IDCW	HSBC	₹10.3575	3 Jun 2026

Recent NAVs

Date	NAV
12 Oct 2017	₹14.1241
11 Oct 2017	₹14.1219
10 Oct 2017	₹14.1198
9 Oct 2017	₹14.1176
6 Oct 2017	₹14.1111
5 Oct 2017	₹14.1090
4 Oct 2017	₹14.1069
3 Oct 2017	₹14.1049
29 Sep 2017	₹14.0964
28 Sep 2017	₹14.0943

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.

As of 12 Oct 2017, the NAV of Kotak FMP Series 113 (1094 Days) - Direct Dividend is ₹14.1241. It's a Medium to Long Duration Fund from Kotak, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Kotak FMP Series 113 (1094 Days) - Direct Dividend has NAV history starting from 10 Sep 2013, a track record of about 12 years 8 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

Kotak FMP Series 113 (1094 Days) - Direct Dividend is managed by Kotak. It's classified by AMFI under the 'Medium to Long Duration Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Kotak FMP Series 113 (1094 Days) - Direct Dividend has delivered a absolute return of 5.35% — +12.05 pp ahead of the Medium to Long Duration Fund category average of -6.69%. The fund ranks #191 of 916 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Kotak FMP Series 113 (1094 Days) - Direct Dividend has delivered a CAGR of 7.65% — +8.77 pp ahead of the Medium to Long Duration Fund category average of -1.12%. The fund ranks #127 of 833 in its category — the top (Q1) quartile.

Kotak FMP Series 113 (1094 Days) - Direct Dividend doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in Kotak FMP Series 113 (1094 Days) - Direct Dividend exactly 3 years ago would be worth approximately ₹124,749 today — a multiplier of 1.25×, based on the 3-year CAGR of 7.65%. The category average over the same window would have grown ₹1 lakh to ₹96,678.

A ₹10,000 monthly SIP in Kotak FMP Series 113 (1094 Days) - Direct Dividend over the last 3 years — total invested ₹360,000 — would be worth ₹400,189 today. That's an XIRR (money-weighted annualised return) of 6.98%.

Kotak FMP Series 113 (1094 Days) - Direct Dividend doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹400,189 — XIRR 6.98%.

On a 3-year basis, Kotak FMP Series 113 (1094 Days) - Direct Dividend ranks #127 out of 833 funds in the Medium to Long Duration Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -1.12%; this fund delivered 7.65%.

The worst peak-to-trough decline Kotak FMP Series 113 (1094 Days) - Direct Dividend has experienced over the last 3-year window is 0.19% — its NAV fell from a high on 02 Feb 2015 to a low on 05 Feb 2015. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, Kotak FMP Series 113 (1094 Days) - Direct Dividend averaged 8.45% (best 9.58%, worst 7.60%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.96 — reasonable risk-adjusted performance.

In calendar year 2016, Kotak FMP Series 113 (1094 Days) - Direct Dividend returned 8.06% — beating the Medium to Long Duration Fund category average of 3.56% by 4.50 pp. It ranked #71 of 167 in its category that year.

Kotak FMP Series 113 (1094 Days) - Direct 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 FMP Series 113 (1094 Days) - Direct 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.

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