Should I invest in Kotak FMP Series 137 (371 Days) - Direct Growth?

We don't give personal investment advice. Kotak FMP Series 137 (371 Days) - Direct Growth 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 137 (371 Days) - Direct Growth

Latest NAV

₹12.9191

As of

22 Feb 2017

718 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	+0.12%	-2.27%	+2.39	9 / 1079	Q1
1W	+0.19%	-2.66%	+2.85	44 / 945	Q1
2W	+0.31%	-2.62%	+2.93	60 / 930	Q1
1M	+0.60%	-2.43%	+3.03	100 / 924	Q1
3M	+1.64%	-1.42%	+3.06	248 / 916	Q2
6M	+3.63%	-0.05%	+3.69	174 / 876	Q1
YTD	+0.99%	-0.27%	+1.26	772 / 880	Q4
1Y	+8.44%	+3.14%	+5.30	77 / 835	Q1
2Y	+8.33%	+4.08%	+4.26	107 / 807	Q1
3Y	+8.82%	+4.43%	+4.39	85 / 800	Q1
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+8.83%	+5.01%	+3.83	130 / 1079	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	+0.99%	+6.29%	-5.30	274 / 279
2016	+8.25%	+8.41%	-0.16	141 / 241
2015	+8.58%	+7.38%	+1.20	77 / 184
2014	—	—	—	—

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

+8.75%

25 windows

min 8.2% · max 9.9%

100% positive

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

3-Year rolling

+8.82%

1 window

min 8.8% · max 8.8%

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

0.59%

3-year · annualised

Sharpe ratio

3.43

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.15%

Apr 2015 → May 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 FMP 1269D March 2023 - Growth Option - Direct Plan	HDFC	₹12.5263	3 Jun 2026
Nippon India Fixed Maturity Plan - XLIII - Series 1- Direct Plan - Growth Option	Nippon India	₹13.3582	3 Jun 2026
SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) - Direct Plan - Growth	SBI	₹17.3852	3 Jun 2026
ICICI Prudential Bond Fund - Direct Plan - Growth	ICICI Prudential	₹43.7788	3 Jun 2026
BANDHAN Fixed Term Plan Series 179 DIRECT PLAN-GROWTH (3652 days)	Bandhan	₹17.7320	3 Jun 2026
Aditya Birla Sun Life Fixed Term Plan - Series TI (1837 days) - Direct Plan - Growth Option	Aditya Birla Sun Life	₹13.5023	3 Jun 2026
Franklin India Medium to Long Duration Fund - Direct Growth	Franklin India	₹11.0072	3 Jun 2026
Kotak Bond Fund - Growth - Direct	Kotak	₹88.1692	3 Jun 2026
DSP FMP Series - 264 - 60M - 17D - Direct - Growth	DSP	₹13.2410	3 Jun 2026
HSBC Medium to Long Duration Fund - Direct Growth	HSBC	₹47.7483	3 Jun 2026

Recent NAVs

Date	NAV
22 Feb 2017	₹12.9191
20 Feb 2017	₹12.9037
17 Feb 2017	₹12.8987
16 Feb 2017	₹12.8972
15 Feb 2017	₹12.8950
14 Feb 2017	₹12.8927
13 Feb 2017	₹12.8904
10 Feb 2017	₹12.8835
9 Feb 2017	₹12.8812
8 Feb 2017	₹12.8789

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 22 Feb 2017, the NAV of Kotak FMP Series 137 (371 Days) - Direct Growth is ₹12.9191. It's a Medium to Long Duration Fund from Kotak, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Kotak FMP Series 137 (371 Days) - Direct Growth has NAV history starting from 21 Feb 2014, a track record of about 12 years 3 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 137 (371 Days) - Direct Growth 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 137 (371 Days) - Direct Growth has delivered a absolute return of 8.44% — +5.3 pp ahead of the Medium to Long Duration Fund category average of 3.14%. The fund ranks #77 of 835 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Kotak FMP Series 137 (371 Days) - Direct Growth has delivered a CAGR of 8.82% — +4.39 pp ahead of the Medium to Long Duration Fund category average of 4.43%. The fund ranks #85 of 800 in its category — the top (Q1) quartile.

Kotak FMP Series 137 (371 Days) - Direct Growth 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 137 (371 Days) - Direct Growth exactly 3 years ago would be worth approximately ₹128,873 today — a multiplier of 1.29×, based on the 3-year CAGR of 8.82%. The category average over the same window would have grown ₹1 lakh to ₹113,886.

A ₹10,000 monthly SIP in Kotak FMP Series 137 (371 Days) - Direct Growth over the last 3 years — total invested ₹360,000 — would be worth ₹408,671 today. That's an XIRR (money-weighted annualised return) of 8.37%.

Kotak FMP Series 137 (371 Days) - Direct Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹408,671 — XIRR 8.37%.

On a 3-year basis, Kotak FMP Series 137 (371 Days) - Direct Growth ranks #85 out of 800 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 4.43%; this fund delivered 8.82%.

The worst peak-to-trough decline Kotak FMP Series 137 (371 Days) - Direct Growth has experienced over the last 3-year window is 0.15% — its NAV fell from a high on 28 Apr 2015 to a low on 08 May 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 137 (371 Days) - Direct Growth averaged 8.82% (best 8.82%, worst 8.82%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 3.43 — strong risk-adjusted performance.

In calendar year 2016, Kotak FMP Series 137 (371 Days) - Direct Growth returned 8.25% — lagging the Medium to Long Duration Fund category average of 8.41% by 0.16 pp. It ranked #141 of 241 in its category that year.

Kotak FMP Series 137 (371 Days) - Direct Growth 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 137 (371 Days) - Direct Growth 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.