Should I invest in Kotak Manufacture in India Fund IDCW Option?

We don't give personal investment advice. Kotak Manufacture in India Fund - Direct Plan IDCW Option is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding.

Kotak

Kotak Manufacture in India Fund - Direct Plan IDCW Option

Latest NAV

₹22.8050

As of

17 Jul 2026

1,077 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	-0.25%	-0.04%	-0.22	171 / 249	Q3
1W	+1.16%	-0.15%	+1.31	13 / 249	Q1
2W	+1.15%	-0.61%	+1.77	38 / 251	Q1
1M	+1.59%	+1.14%	+0.44	146 / 251	Q3
3M	+6.14%	+3.90%	+2.25	80 / 251	Q2
6M	+9.80%	+2.59%	+7.22	56 / 243	Q1
YTD	+8.17%	+0.68%	+7.48	51 / 241	Q1
1Y	+13.90%	+2.39%	+11.51	26 / 229	Q1
2Y	+6.68%	+0.44%	+6.24	42 / 186	Q1
3Y	+21.01%	+11.53%	+9.49	15 / 151	Q1
4Y	+21.14%	+12.75%	+8.39	16 / 125	Q1
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+20.69%	+10.06%	+10.63	20 / 251	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
2026 YTD	+8.17%	+1.51%	+6.66	50 / 237
2025	+8.39%	+1.49%	+6.90	48 / 204
2024	+27.70%	+20.10%	+7.61	36 / 158
2023	+33.77%	+30.21%	+3.56	52 / 131
2022	—	—	—	—

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

+22.67%

42 windows

min -0.8% · max 56.6%

95% positive

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

3-Year rolling

+22.47%

17 windows

min 20.8% · max 25.2%

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

14.32%

3-year · annualised

Sharpe ratio

0.96

vs risk-free 6.5%

Sortino ratio

1.64

Downside-only deviation

Max drawdown

-22.26%

Sep 2024 → Feb 2025

% positive months

69.4%

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 Sectoral/Thematic Fund

Scheme	Fund house	NAV	As of
HDFC Banking & Financial Services Fund - IDCW Option - Direct Plan	HDFC	₹17.4480	17 Jul 2026
NIPPON INDIA - JAPAN EQUITY FUND - DIRECT Plan - IDCW Option	Nippon India	₹30.5463	17 Jul 2026
SBI Automotive Opportunities Fund - Direct Plan - Income Distribution Cum Capital Withdrawal Option	SBI	₹12.5864	17 Jul 2026
ICICI Prudential Banking and Financial Services Fund - Direct Plan - IDCW	ICICI Prudential	₹70.0600	17 Jul 2026
Invesco India Business Cycle Fund - Direct Plan - IDCW	Invesco	₹14.5200	17 Jul 2026
Bandhan Business Cycle Fund - Direct Plan - IDCW	Bandhan	₹10.1960	17 Jul 2026
quant BFSI Fund - IDCW Option - Direct Plan	Quant	₹22.0968	17 Jul 2026
Aditya Birla Sun Life Banking and Financial Services Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹32.1000	17 Jul 2026
Motilal Oswal Active Momentum Fund- Direct-IDCW	Motilal Oswal	₹13.5239	17 Jul 2026
Franklin India Multi-Factor Fund- Direct- IDCW	Franklin India	₹9.6426	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹22.8050
16 Jul 2026	₹22.8630
15 Jul 2026	₹22.6750
14 Jul 2026	₹22.5220
13 Jul 2026	₹22.5350
10 Jul 2026	₹22.5440
9 Jul 2026	₹22.3010
8 Jul 2026	₹22.1270
7 Jul 2026	₹22.5210
6 Jul 2026	₹22.6930

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 17 Jul 2026, the NAV of Kotak Manufacture in India Fund - Direct Plan IDCW Option is ₹22.8050. It's a Sectoral/Thematic Fund from Kotak, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

Kotak Manufacture in India Fund - Direct Plan IDCW Option has NAV history starting from 02 Mar 2022, a track record of about 4 years 4 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

Kotak Manufacture in India Fund - Direct Plan IDCW Option is managed by Kotak. It's classified by AMFI under the 'Sectoral/Thematic Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Kotak Manufacture in India Fund - Direct Plan IDCW Option has delivered a absolute return of 13.90% — +11.51 pp ahead of the Sectoral/Thematic Fund category average of 2.39%. The fund ranks #26 of 229 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Kotak Manufacture in India Fund - Direct Plan IDCW Option has delivered a CAGR of 21.01% — +9.49 pp ahead of the Sectoral/Thematic Fund category average of 11.53%. The fund ranks #15 of 151 in its category — the top (Q1) quartile.

Kotak Manufacture in India Fund - Direct Plan IDCW 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 Manufacture in India Fund - Direct Plan IDCW Option exactly 3 years ago would be worth approximately ₹177,209 today — a multiplier of 1.77×, based on the 3-year CAGR of 21.01%. The category average over the same window would have grown ₹1 lakh to ₹138,715.

A ₹10,000 monthly SIP in Kotak Manufacture in India Fund - Direct Plan IDCW Option over the last 3 years — total invested ₹360,000 — would be worth ₹458,721 today. That's an XIRR (money-weighted annualised return) of 16.38%.

Kotak Manufacture in India Fund - Direct Plan IDCW Option doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹458,721 — XIRR 16.38%.

On a 3-year basis, Kotak Manufacture in India Fund - Direct Plan IDCW Option ranks #15 out of 151 funds in the Sectoral/Thematic Fund category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 11.53%; this fund delivered 21.01%.

The worst peak-to-trough decline Kotak Manufacture in India Fund - Direct Plan IDCW Option has experienced over the last 3-year window is 22.26% — its NAV fell from a high on 27 Sep 2024 to a low on 28 Feb 2025. 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 Manufacture in India Fund - Direct Plan IDCW Option averaged 22.47% (best 25.20%, worst 20.78%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.96 — reasonable risk-adjusted performance.

In calendar year 2025, Kotak Manufacture in India Fund - Direct Plan IDCW Option returned 8.39% — beating the Sectoral/Thematic Fund category average of 1.49% by 6.90 pp. It ranked #48 of 204 in its category that year.

Kotak Manufacture in India Fund - Direct Plan IDCW Option is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. Kotak Manufacture in India Fund - Direct Plan IDCW Option is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

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.