Should I invest in Kotak Gilt-Savings-Monthly Dividend?

We don't give personal investment advice. Kotak Gilt-Savings-Monthly 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: 5.7%. 5-year CAGR: 0.57%.

Kotak Mahindra

Kotak Gilt-Savings-Monthly Dividend

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	+0.19%	+0.01%	+0.18	8 / 67	Q1
1W	+0.72%	-10.06%	+10.78	7 / 69	Q1
2W	+0.80%	-9.67%	+10.47	6 / 73	Q1
1M	-0.30%	-9.89%	+9.59	44 / 72	Q3
3M	+0.24%	-12.90%	+13.14	40 / 76	Q3
6M	+2.95%	-12.24%	+15.19	27 / 76	Q2
YTD	+2.44%	-12.22%	+14.66	24 / 75	Q2
1Y	+2.77%	-10.28%	+13.05	40 / 75	Q3
2Y	+1.11%	-12.45%	+13.55	41 / 71	Q3
3Y	+1.30%	-16.88%	+18.17	39 / 70	Q3
4Y	+0.94%	-23.11%	+24.05	34 / 65	Q3
5Y	+0.57%	-27.10%	+27.68	32 / 60	Q3
7Y	+0.41%	-19.22%	+19.63	32 / 49	Q3
10Y	—	—	—	—	—
Inception	+0.40%	-18.29%	+18.70	57 / 85	Q3

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
2013 YTD	+2.44%	-3.23%	+5.67	19 / 48
2012	-0.33%	+5.57%	-5.91	54 / 55
2011	+0.84%	+2.07%	-1.23	45 / 59
2010	-0.19%	+0.75%	-0.93	54 / 68
2009	-0.66%	-6.22%	+5.57	17 / 65
2008	+0.02%	+7.61%	-7.59	55 / 63
2007	+0.12%	+1.73%	-1.60	46 / 53
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

+0.28%

78 windows

min -1.6% · max 3.6%

58% positive

3-Year rolling

+0.10%

54 windows

min -0.3% · max 1.3%

61% positive

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

5-Year rolling

+0.16%

30 windows

min 0.0% · max 0.8%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+0.43%

5 windows

min 0.3% · max 0.5%

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

2.09%

3-year · annualised

Sharpe ratio

-2.48

vs risk-free 6.5%

Sortino ratio

-4.03

Downside-only deviation

Max drawdown

-1.87%

Jan 2013 → Jan 2013

% positive months

63.9%

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
13 Aug 2013	₹10.7834
12 Aug 2013	₹10.7631
8 Aug 2013	₹10.7600
7 Aug 2013	₹10.7393
6 Aug 2013	₹10.7059
5 Aug 2013	₹10.7214
2 Aug 2013	₹10.6989
1 Aug 2013	₹10.7037
31 Jul 2013	₹10.6949
30 Jul 2013	₹10.6977

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 Gilt-Savings-Monthly Dividend is a Gilt from Kotak Mahindra (Unknown 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 Gilt-Savings-Monthly Dividend has NAV history starting from 02 Apr 2006, a track record of about 20 years 2 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 Gilt-Savings-Monthly Dividend is managed by Kotak Mahindra. It's classified by AMFI under the 'Gilt' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Kotak Gilt-Savings-Monthly Dividend has delivered a absolute return of 2.77% — +13.05 pp ahead of the Gilt category average of -10.28%. The fund ranks #40 of 75 in its category — the third (Q3) quartile.

Over the trailing 3-year window, Kotak Gilt-Savings-Monthly Dividend has delivered a CAGR of 1.30% — +18.17 pp ahead of the Gilt category average of -16.88%. The fund ranks #39 of 70 in its category — the third (Q3) quartile.

Over the trailing 5-year window, Kotak Gilt-Savings-Monthly Dividend has delivered a CAGR of 0.57% — +27.68 pp ahead of the Gilt category average of -27.10%. The fund ranks #32 of 60 in its category — the third (Q3) quartile.

₹1 lakh invested in Kotak Gilt-Savings-Monthly Dividend exactly 5 years ago would be worth approximately ₹102,900 today — a multiplier of 1.03×, based on the 5-year CAGR of 0.57%. The category average over the same window would have grown ₹1 lakh to ₹20,585.

A ₹10,000 monthly SIP in Kotak Gilt-Savings-Monthly Dividend over the last 5 years — total invested ₹600,000 — would be worth ₹617,119 today. That's an XIRR (money-weighted annualised return) of 1.11%.

Kotak Gilt-Savings-Monthly Dividend doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹865,000 — XIRR 0.83%.

On a 5-year basis, Kotak Gilt-Savings-Monthly Dividend ranks #32 out of 60 funds in the Gilt category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -27.10%; this fund delivered 0.57%.

The worst peak-to-trough decline Kotak Gilt-Savings-Monthly Dividend has experienced over the last 5-year window is 5.68% — its NAV fell from a high on 13 Oct 2008 to a low on 28 Aug 2009. 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 Gilt-Savings-Monthly Dividend averaged 0.16% (best 0.76%, worst 0.01%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -2.92 — negative risk-adjusted performance.

In calendar year 2012, Kotak Gilt-Savings-Monthly Dividend returned -0.33% — lagging the Gilt category average of 5.57% by 5.91 pp. It ranked #54 of 55 in its category that year.

Kotak Gilt-Savings-Monthly 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 Gilt-Savings-Monthly 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: 5.7%. 5-year CAGR: 0.57%.

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