Should I invest in Kotak Money Market Fund - (Growth) - Direct?

We don't give personal investment advice. Kotak Money Market Fund - (Growth) - Direct 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: 0.2%. 5-year CAGR: 6.43%.

Kotak

Kotak Money Market Fund - (Growth) - Direct

Unit split applied to historical metrics

This scheme had a 100× unit consolidation on 20 Jan 2013. Returns, SIP simulations and risk metrics on this page are split-adjusted — they reflect what a real investor's portfolio experienced (a consolidation doesn't change portfolio value, only the unit count and per-unit NAV).

Latest NAV

₹4,789.1423

As of

3 Jun 2026

3,564 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	+0.03%	+0.03%	+0.00	6 / 29	Q1
1W	+0.24%	+0.23%	+0.02	10 / 29	Q2
2W	+0.14%	+0.16%	-0.01	18 / 29	Q3
1M	+0.22%	+0.22%	0.00	15 / 29	Q3
3M	+1.27%	+1.25%	+0.02	15 / 29	Q3
6M	+2.71%	+2.65%	+0.06	11 / 28	Q2
YTD	+2.23%	+2.22%	+0.01	10 / 28	Q2
1Y	+5.99%	+5.89%	+0.10	12 / 27	Q2
2Y	+7.08%	+6.99%	+0.09	11 / 25	Q2
3Y	+7.25%	+7.17%	+0.08	11 / 24	Q2
4Y	+7.11%	+7.02%	+0.08	10 / 21	Q2
5Y	+6.43%	+6.38%	+0.06	8 / 18	Q2
7Y	+6.25%	+6.27%	-0.02	11 / 16	Q3
10Y	+6.62%	+6.62%	+0.00	9 / 13	Q3
Inception	+7.20%	+6.48%	+0.72	12 / 29	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
2026 YTD	+2.23%	+2.20%	+0.03	9 / 27
2025	+7.49%	+7.47%	+0.02	16 / 24
2024	+7.77%	+7.65%	+0.12	7 / 24
2023	+7.43%	+7.34%	+0.09	13 / 23
2022	+4.95%	+4.77%	+0.18	7 / 20
2021	+3.75%	+3.78%	-0.02	12 / 18
2020	+5.74%	+5.90%	-0.15	15 / 18
2019	+8.05%	+8.28%	-0.22	11 / 16
2018	+7.73%	+7.07%	+0.65	8 / 14
2017	+6.71%	+6.48%	+0.23	7 / 14
2016	+7.72%	+7.92%	-0.20	7 / 13

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

+7.20%

152 windows

min 3.7% · max 9.8%

100% positive

3-Year rolling

+6.98%

128 windows

min 4.8% · max 9.0%

100% positive

5-Year rolling

+6.80%

103 windows

min 5.9% · max 8.3%

100% positive

7-Year rolling

+6.83%

79 windows

min 6.3% · max 8.2%

100% positive

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

0.42%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.15%

May 2026 → May 2026

% positive months

100.0%

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 Money Market Fund

Scheme	Fund house	NAV	As of
HDFC Money Market Fund - Growth Option - Direct Plan	HDFC	₹6,159.9626	3 Jun 2026
Nippon India Money Market Fund - Direct Plan Growth Plan - Bonus Option	Nippon India	₹2,611.7657	3 Jun 2026
SBI SAVINGS FUND - DIRECT PLAN - GROWTH	SBI	₹46.9233	3 Jun 2026
ICICI Prudential Money Market Fund Option - Direct Plan - Growth	ICICI Prudential	₹405.6499	3 Jun 2026
Invesco India Money Market Fund - Direct Plan - Growth	Invesco	₹3,326.0796	3 Jun 2026
Bandhan Money Market Fund -Direct Plan-Growth	Bandhan	₹46.1539	3 Jun 2026
Aditya Birla Sun Life Money Manager Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹395.8504	3 Jun 2026
Franklin India Money Market Fund - Direct - Growth	Franklin India	₹54.7789	3 Jun 2026
Mirae Asset Money Market Fund Direct Growth	Mirae Asset	₹1,348.9773	3 Jun 2026
Edelweiss Money Market Fund - Direct Plan - Growth Option	Edelweiss	₹33.1179	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹4,789.1423
2 Jun 2026	₹4,788.3356
1 Jun 2026	₹4,786.7420
29 May 2026	₹4,782.4326
27 May 2026	₹4,778.7440
26 May 2026	₹4,776.8427
25 May 2026	₹4,777.4810
22 May 2026	₹4,775.6563
21 May 2026	₹4,776.0976
20 May 2026	₹4,779.4583

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 03 Jun 2026, the NAV of Kotak Money Market Fund - (Growth) - Direct is ₹4,789.1423. It's a Money Market Fund from Kotak, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

Kotak Money Market Fund - (Growth) - Direct has NAV history starting from 01 Jan 2013, a track record of about 13 years 5 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 Money Market Fund - (Growth) - Direct is managed by Kotak. It's classified by AMFI under the 'Money Market Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, Kotak Money Market Fund - (Growth) - Direct has delivered a absolute return of 5.99% — +0.1 pp ahead of the Money Market Fund category average of 5.89%. The fund ranks #12 of 27 in its category — the second (Q2) quartile.

Over the trailing 3-year window, Kotak Money Market Fund - (Growth) - Direct has delivered a CAGR of 7.25% — +0.08 pp ahead of the Money Market Fund category average of 7.17%. The fund ranks #11 of 24 in its category — the second (Q2) quartile.

Over the trailing 5-year window, Kotak Money Market Fund - (Growth) - Direct has delivered a CAGR of 6.43% — +0.06 pp ahead of the Money Market Fund category average of 6.38%. The fund ranks #8 of 18 in its category — the second (Q2) quartile.

₹1 lakh invested in Kotak Money Market Fund - (Growth) - Direct exactly 10 years ago would be worth approximately ₹189,904 today — a multiplier of 1.90×, based on the 10-year CAGR of 6.62%. The category average over the same window would have grown ₹1 lakh to ₹189,861.

A ₹10,000 monthly SIP in Kotak Money Market Fund - (Growth) - Direct over the last 5 years — total invested ₹600,000 — would be worth ₹714,922 today. That's an XIRR (money-weighted annualised return) of 6.94%.

A ₹10,000 monthly SIP for 10 years in Kotak Money Market Fund - (Growth) - Direct = ₹1,200,000 invested. It would currently be worth ₹1,679,424 (multiplier 1.40×). XIRR: 6.54%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, Kotak Money Market Fund - (Growth) - Direct ranks #8 out of 18 funds in the Money Market Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 6.38%; this fund delivered 6.43%.

The worst peak-to-trough decline Kotak Money Market Fund - (Growth) - Direct has experienced over the last 5-year window is 0.20% — its NAV fell from a high on 02 May 2022 to a low on 05 May 2022. 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 Money Market Fund - (Growth) - Direct averaged 6.80% (best 8.27%, worst 5.87%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.45 — negative risk-adjusted performance.

In calendar year 2025, Kotak Money Market Fund - (Growth) - Direct returned 7.49% — beating the Money Market Fund category average of 7.47% by 0.02 pp. It ranked #16 of 24 in its category that year.

Kotak Money Market Fund - (Growth) - Direct 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 Money Market Fund - (Growth) - Direct 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: 0.2%. 5-year CAGR: 6.43%.

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

Kotak Money Market Fund - (Growth) - Direct

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Money Market Fund

Recent NAVs

Frequently asked questions

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