Should I invest in Kotak FMP Series 228?

We don't give personal investment advice. Kotak FMP Series 228 - Regular Plan - Growth Option 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 228 - Regular Plan - Growth Option

Latest NAV

₹12.7096

As of

19 Jul 2021

753 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	+0.00%	-0.06%	+0.06	214 / 268	Q4
1W	+0.06%	-0.01%	+0.06	198 / 267	Q3
2W	+0.12%	+0.08%	+0.04	195 / 267	Q3
1M	+0.27%	+0.31%	-0.04	187 / 267	Q3
3M	+0.79%	+1.23%	-0.44	231 / 267	Q4
6M	+1.72%	+2.66%	-0.94	203 / 240	Q4
YTD	+1.81%	+2.32%	-0.51	131 / 249	Q3
1Y	+3.82%	+5.93%	-2.12	214 / 236	Q4
2Y	+6.64%	+6.76%	-0.13	158 / 236	Q3
3Y	+7.83%	+6.97%	+0.87	48 / 236	Q1
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+7.98%	+6.37%	+1.62	38 / 268	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
2021 YTD	+1.81%	+3.46%	-1.65	87 / 120
2020	+7.49%	+7.10%	+0.39	92 / 158
2019	+10.12%	+7.06%	+3.06	37 / 146
2018	—	—	—	—

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

+8.57%

26 windows

min 3.8% · max 11.4%

100% positive

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

3-Year rolling

+7.95%

2 windows

min 7.8% · max 8.1%

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

1.43%

3-year · annualised

Sharpe ratio

0.76

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-1.97%

Jul 2020 → Jul 2020

% 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.

Peers in Medium to Long Duration Fund

Scheme	Fund house	NAV	As of
Nippon India Fixed Maturity Plan-XLIII-Series 5- Regular Plan-Growth Option	Nippon India	₹13.3689	17 Jul 2026
SBI Fixed Maturity Plan (FMP) - Series 1 (3668 Days) - Regular Plan - Growth	SBI	₹17.4778	17 Jul 2026
BANDHAN Fixed Term Plan Series 179 REGULAR PLAN-GROWTH (3652 days)	Bandhan	₹17.7557	17 Jul 2026
Aditya Birla Sun Life Fixed Term Plan - Series TJ (1838 days) - Regular Plan - Growth Option	Aditya Birla Sun Life	₹13.5537	17 Jul 2026
Kotak FMP Series 304-Regular Plan-Growth Option	Kotak	₹13.2821	17 Jul 2026
DSP FMP Series - 264 - 60M - 17D - Regular Plan - Growth	DSP	₹13.2422	17 Jul 2026
UTI Fixed Term Income Fund Series XXXVI - I (1574 Days) - Regular Plan - Growth Option	UTI	₹12.7817	17 Jul 2026
Axis Fixed Term Plan - Series 113 (1228 Days) - Regular Plan - Growth	Axis	₹12.5758	17 Jul 2026
TRUSTMF FIXED MATURITY PLAN -SERIES II (1196 DAYS)-REGULAR PLAN -GROWTH		₹1,294.2584	9 Jul 2026

Recent NAVs

Date	NAV
19 Jul 2021	₹12.7096
16 Jul 2021	₹12.7065
15 Jul 2021	₹12.7054
14 Jul 2021	₹12.7044
13 Jul 2021	₹12.7033
12 Jul 2021	₹12.7022
9 Jul 2021	₹12.6989
8 Jul 2021	₹12.6976
7 Jul 2021	₹12.6966
6 Jul 2021	₹12.6955

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 19 Jul 2021, the NAV of Kotak FMP Series 228 - Regular Plan - Growth Option is ₹12.7096. It's a Medium to Long Duration Fund from Kotak, run as a Regular plan Growth option. NAVs update once per business day from the AMFI feed.

Kotak FMP Series 228 - Regular Plan - Growth Option has NAV history starting from 08 Jun 2018, a track record of about 8 years 1 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 228 - Regular Plan - Growth Option 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 228 - Regular Plan - Growth Option has delivered a absolute return of 3.82% — -2.12 pp behind the Medium to Long Duration Fund category average of 5.93%. The fund ranks #214 of 236 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Kotak FMP Series 228 - Regular Plan - Growth Option has delivered a CAGR of 7.83% — +0.87 pp ahead of the Medium to Long Duration Fund category average of 6.97%. The fund ranks #48 of 236 in its category — the top (Q1) quartile.

Kotak FMP Series 228 - Regular Plan - Growth Option 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 228 - Regular Plan - Growth Option exactly 3 years ago would be worth approximately ₹125,386 today — a multiplier of 1.25×, based on the 3-year CAGR of 7.83%. The category average over the same window would have grown ₹1 lakh to ₹122,385.

A ₹10,000 monthly SIP in Kotak FMP Series 228 - Regular Plan - Growth Option over the last 3 years — total invested ₹360,000 — would be worth ₹398,197 today. That's an XIRR (money-weighted annualised return) of 6.65%.

Kotak FMP Series 228 - Regular Plan - Growth Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹398,197 — XIRR 6.65%.

On a 3-year basis, Kotak FMP Series 228 - Regular Plan - Growth Option ranks #48 out of 236 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 6.97%; this fund delivered 7.83%.

The worst peak-to-trough decline Kotak FMP Series 228 - Regular Plan - Growth Option has experienced over the last 3-year window is 1.97% — its NAV fell from a high on 01 Jul 2020 to a low on 02 Jul 2020. 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 228 - Regular Plan - Growth Option averaged 7.95% (best 8.06%, worst 7.83%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.76 — reasonable risk-adjusted performance.

In calendar year 2020, Kotak FMP Series 228 - Regular Plan - Growth Option returned 7.49% — beating the Medium to Long Duration Fund category average of 7.10% by 0.39 pp. It ranked #92 of 158 in its category that year.

Kotak FMP Series 228 - Regular Plan - Growth Option 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 228 - Regular Plan - Growth Option 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.