Should I invest in Kotak FMP Series 193 - Regular?

We don't give personal investment advice. Kotak FMP Series 193 - Regular - Dividend Payout 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 193 - Regular - Dividend Payout

Latest NAV

₹11.2970

As of

2 May 2019

725 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	-6.83%	-5.54%	-1.29	350 / 472	Q3
1W	-6.74%	-6.74%	+0.00	321 / 472	Q3
2W	-6.61%	-6.68%	+0.07	321 / 472	Q3
1M	-6.54%	-6.66%	+0.12	311 / 472	Q3
3M	-7.79%	-6.55%	-1.24	307 / 471	Q3
6M	-5.90%	-6.19%	+0.29	262 / 443	Q3
YTD	-7.26%	-6.25%	-1.00	285 / 452	Q3
1Y	-5.57%	-4.03%	-1.53	290 / 439	Q3
2Y	+0.90%	+0.31%	+0.59	149 / 439	Q2
3Y	+4.10%	+1.74%	+2.36	129 / 439	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+4.11%	+1.98%	+2.13	122 / 472	Q2

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
2019 YTD	-7.26%	+2.87%	-10.13	282 / 301
2018	+3.85%	+2.79%	+1.06	92 / 187
2017	+9.13%	+5.18%	+3.95	10 / 71
2016	—	—	—	—

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

+6.68%

25 windows

min -5.6% · max 11.2%

96% positive

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

3-Year rolling

+4.10%

1 window

min 4.1% · max 4.1%

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

4.70%

3-year · annualised

Sharpe ratio

-0.50

vs risk-free 6.5%

Sortino ratio

-0.57

Downside-only deviation

Max drawdown

-11.17%

Mar 2019 → May 2019

% positive months

91.7%

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
Nippon India Fixed Maturity Plan-XLIII-Series 5- Regular Plan-Payout of IDCW	Nippon India	₹13.3689	17 Jul 2026
SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) - Regular Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹17.4779	17 Jul 2026
BANDHAN Fixed Term Plan Series 179 REGULAR PLAN PERIODIC-IDCW (3652 days)	Bandhan	₹15.2970	17 Jul 2026
Aditya Birla Sun Life Fixed Term Plan - Series TJ (1838 days) - Regular Plan - Payout of IDCW Option	Aditya Birla Sun Life	₹13.5537	17 Jul 2026
Kotak Bond-Regular-Annual Dividend	Kotak Mahindra	₹48.9714	17 Jul 2026
Kotak FMP Series 304-Regular Plan-Payout of IDCW	Kotak	₹13.2822	17 Jul 2026
DSP FMP Series - 264 - 60M - 17D - Regular - IDCW	DSP	₹13.2416	17 Jul 2026
HSBC Income Fund - Investment - Regular - Dividend	HSBC	₹10.6599	17 Jul 2026
UTI Fixed Term Income Fund Series XXXVI - I (1574 Days) - Regular Plan - Payout of IDCW Option	UTI	₹12.2216	17 Jul 2026
Axis Fixed Term Plan - Series 113 (1228 Days) - Regular Plan - Half Yearly IDCW	Axis	₹12.5758	17 Jul 2026

Recent NAVs

Date	NAV
2 May 2019	₹11.2970
30 Apr 2019	₹12.1254
26 Apr 2019	₹12.1160
25 Apr 2019	₹12.1134
24 Apr 2019	₹12.1109
23 Apr 2019	₹12.1088
22 Apr 2019	₹12.1064
18 Apr 2019	₹12.0964
16 Apr 2019	₹12.0932
15 Apr 2019	₹12.0907

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 02 May 2019, the NAV of Kotak FMP Series 193 - Regular - Dividend Payout is ₹11.2970. It's a Medium to Long Duration Fund from Kotak, run as a Regular plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Kotak FMP Series 193 - Regular - Dividend Payout has NAV history starting from 04 May 2016, a track record of about 10 years 2 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 193 - Regular - Dividend Payout 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 193 - Regular - Dividend Payout has delivered a absolute return of -5.57% — -1.53 pp behind the Medium to Long Duration Fund category average of -4.03%. The fund ranks #290 of 439 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Kotak FMP Series 193 - Regular - Dividend Payout has delivered a CAGR of 4.10% — +2.36 pp ahead of the Medium to Long Duration Fund category average of 1.74%. The fund ranks #129 of 439 in its category — the second (Q2) quartile.

Kotak FMP Series 193 - Regular - Dividend Payout 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 193 - Regular - Dividend Payout exactly 3 years ago would be worth approximately ₹112,817 today — a multiplier of 1.13×, based on the 3-year CAGR of 4.10%. The category average over the same window would have grown ₹1 lakh to ₹105,319.

A ₹10,000 monthly SIP in Kotak FMP Series 193 - Regular - Dividend Payout over the last 3 years — total invested ₹360,000 — would be worth ₹358,562 today. That's an XIRR (money-weighted annualised return) of -0.26%.

Kotak FMP Series 193 - Regular - Dividend Payout doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹358,562 — XIRR -0.26%.

On a 3-year basis, Kotak FMP Series 193 - Regular - Dividend Payout ranks #129 out of 439 funds in the Medium to Long Duration Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 1.74%; this fund delivered 4.10%.

The worst peak-to-trough decline Kotak FMP Series 193 - Regular - Dividend Payout has experienced over the last 3-year window is 11.17% — its NAV fell from a high on 26 Mar 2019 to a low on 02 May 2019. 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 193 - Regular - Dividend Payout averaged 4.10% (best 4.10%, worst 4.10%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is -0.50 — negative risk-adjusted performance.

In calendar year 2018, Kotak FMP Series 193 - Regular - Dividend Payout returned 3.85% — beating the Medium to Long Duration Fund category average of 2.79% by 1.06 pp. It ranked #92 of 187 in its category that year.

Kotak FMP Series 193 - Regular - Dividend Payout 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 193 - Regular - Dividend Payout 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.