Should I invest in Kotak Income Plus-(Monthly Dividend)?

We don't give personal investment advice. Kotak Income Plus-(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. 5-year CAGR: -2.36%.

Kotak Mahindra

Kotak Income Plus-(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	+0.00%	-9.99%	+9.99	286 / 1129	Q2
1W	-0.57%	-13.04%	+12.47	514 / 1151	Q2
2W	-0.28%	-13.18%	+12.91	446 / 1149	Q2
1M	+0.01%	-13.26%	+13.27	357 / 1137	Q2
3M	-2.30%	-13.15%	+10.85	824 / 1116	Q3
6M	-3.19%	-15.45%	+12.27	627 / 906	Q3
YTD	-2.34%	-15.77%	+13.44	651 / 952	Q3
1Y	-2.56%	-13.09%	+10.53	631 / 820	Q4
2Y	+2.00%	-12.72%	+14.72	191 / 446	Q2
3Y	-3.83%	-11.01%	+7.18	325 / 385	Q4
4Y	-2.21%	-6.52%	+4.31	292 / 339	Q4
5Y	-2.36%	-7.36%	+5.00	276 / 314	Q4
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	-2.41%	-13.63%	+11.23	996 / 1199	Q4

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
2011 YTD	-2.34%	-3.16%	+0.82	266 / 317
2010	-2.26%	-5.78%	+3.52	313 / 377
2009	+5.32%	-12.86%	+18.18	201 / 713
2008	-16.66%	-2.02%	-14.64	362 / 380
2007	+6.36%	+4.84%	+1.52	76 / 142
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

-1.62%

48 windows

min -16.6% · max 9.0%

44% positive

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

3-Year rolling

-2.70%

24 windows

min -5.0% · max -1.3%

0% 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

6.08%

3-year · annualised

Sharpe ratio

-1.69

vs risk-free 6.5%

Sortino ratio

-2.11

Downside-only deviation

Max drawdown

-18.69%

Feb 2008 → Mar 2009

% positive months

41.7%

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.

Recent NAVs

Date	NAV
28 Feb 2011	₹9.9187
25 Feb 2011	₹9.9031
24 Feb 2011	₹9.8978
23 Feb 2011	₹9.9478
22 Feb 2011	₹9.9583
21 Feb 2011	₹9.9753
18 Feb 2011	₹9.9544
17 Feb 2011	₹9.9776
15 Feb 2011	₹9.9466
14 Feb 2011	₹9.9463

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 Income Plus-(Monthly Dividend) is a Income 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 Income Plus-(Monthly Dividend) has NAV history starting from 03 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 Income Plus-(Monthly Dividend) is managed by Kotak Mahindra. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Kotak Income Plus-(Monthly Dividend) has delivered a absolute return of -2.56% — +10.53 pp ahead of the Income category average of -13.09%. The fund ranks #631 of 820 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, Kotak Income Plus-(Monthly Dividend) has delivered a CAGR of -3.83% — +7.18 pp ahead of the Income category average of -11.01%. The fund ranks #325 of 385 in its category — the bottom (Q4) quartile.

Over the trailing 5-year window, Kotak Income Plus-(Monthly Dividend) has delivered a CAGR of -2.36% — +5 pp ahead of the Income category average of -7.36%. The fund ranks #276 of 314 in its category — the bottom (Q4) quartile.

₹1 lakh invested in Kotak Income Plus-(Monthly Dividend) exactly 5 years ago would be worth approximately ₹88,725 today — a multiplier of 0.89×, based on the 5-year CAGR of -2.36%. The category average over the same window would have grown ₹1 lakh to ₹68,226.

A ₹10,000 monthly SIP in Kotak Income Plus-(Monthly Dividend) over the last 3 years — total invested ₹360,000 — would be worth ₹351,347 today. That's an XIRR (money-weighted annualised return) of -1.57%.

Kotak Income Plus-(Monthly Dividend) doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹351,347 — XIRR -1.57%.

On a 5-year basis, Kotak Income Plus-(Monthly Dividend) ranks #276 out of 314 funds in the Income category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is -7.36%; this fund delivered -2.36%.

The worst peak-to-trough decline Kotak Income Plus-(Monthly Dividend) has experienced over the last 3-year window is 18.69% — its NAV fell from a high on 28 Feb 2008 to a low on 12 Mar 2009. 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 Income Plus-(Monthly Dividend) averaged -2.70% (best -1.25%, worst -5.01%). 0% of rolling windows ended positive. The 3-year Sharpe ratio is -1.69 — negative risk-adjusted performance.

In calendar year 2010, Kotak Income Plus-(Monthly Dividend) returned -2.26% — beating the Income category average of -5.78% by 3.52 pp. It ranked #313 of 377 in its category that year.

Kotak Income Plus-(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 Income Plus-(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. 5-year CAGR: -2.36%.

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