Should I invest in Kotak Twin Advantage Series III?

We don't give personal investment advice. Kotak Twin Advantage Series III- 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.

Kotak Mahindra

Kotak Twin Advantage Series III- 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	457 / 1129	Q2
1W	+0.06%	-13.04%	+13.10	312 / 1151	Q2
2W	+0.13%	-13.18%	+13.31	263 / 1149	Q1
1M	+0.16%	-13.26%	+13.42	302 / 1137	Q2
3M	-1.17%	-13.15%	+11.98	765 / 1116	Q3
6M	+6.79%	-15.45%	+22.24	41 / 906	Q1
YTD	+7.96%	-15.77%	+23.74	53 / 952	Q1
1Y	+9.01%	-13.09%	+22.10	145 / 820	Q1
2Y	+6.49%	-12.72%	+19.21	109 / 446	Q1
3Y	+5.38%	-11.01%	+16.39	111 / 385	Q2
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+5.39%	-13.63%	+19.02	316 / 1199	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
2009 YTD	+7.96%	-12.86%	+20.82	136 / 713
2008	-1.62%	-2.02%	+0.40	255 / 380
2007	+8.16%	+4.84%	+3.32	56 / 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

+4.89%

25 windows

min -6.2% · max 11.7%

92% positive

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

3-Year rolling

+5.38%

1 window

min 5.4% · max 5.4%

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

7.91%

3-year · annualised

Sharpe ratio

-0.12

vs risk-free 6.5%

Sortino ratio

-0.29

Downside-only deviation

Max drawdown

-7.89%

Oct 2007 → Oct 2008

% positive months

61.1%

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
14 Sep 2009	₹11.7359
11 Sep 2009	₹11.7331
10 Sep 2009	₹11.7321
9 Sep 2009	₹11.7309
8 Sep 2009	₹11.7297
7 Sep 2009	₹11.7286
4 Sep 2009	₹11.7252
3 Sep 2009	₹11.7240
2 Sep 2009	₹11.7229
1 Sep 2009	₹11.7217

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 Twin Advantage Series III- 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 Twin Advantage Series III- Dividend has NAV history starting from 18 Sep 2006, a track record of about 19 years 8 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 Twin Advantage Series III- 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 Twin Advantage Series III- Dividend has delivered a absolute return of 9.01% — +22.1 pp ahead of the Income category average of -13.09%. The fund ranks #145 of 820 in its category — the top (Q1) quartile.

Over the trailing 3-year window, Kotak Twin Advantage Series III- Dividend has delivered a CAGR of 5.38% — +16.39 pp ahead of the Income category average of -11.01%. The fund ranks #111 of 385 in its category — the second (Q2) quartile.

Kotak Twin Advantage Series III- Dividend 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 Twin Advantage Series III- Dividend exactly 3 years ago would be worth approximately ₹117,016 today — a multiplier of 1.17×, based on the 3-year CAGR of 5.38%. The category average over the same window would have grown ₹1 lakh to ₹70,476.

A ₹10,000 monthly SIP in Kotak Twin Advantage Series III- Dividend over the last 3 years — total invested ₹360,000 — would be worth ₹394,578 today. That's an XIRR (money-weighted annualised return) of 6.03%.

Kotak Twin Advantage Series III- Dividend doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹394,578 — XIRR 6.03%.

On a 3-year basis, Kotak Twin Advantage Series III- Dividend ranks #111 out of 385 funds in the Income category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -11.01%; this fund delivered 5.38%.

The worst peak-to-trough decline Kotak Twin Advantage Series III- Dividend has experienced over the last 3-year window is 7.89% — its NAV fell from a high on 29 Oct 2007 to a low on 29 Oct 2008. 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 Twin Advantage Series III- Dividend averaged 5.38% (best 5.38%, worst 5.38%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is -0.12 — negative risk-adjusted performance.

In calendar year 2008, Kotak Twin Advantage Series III- Dividend returned -1.62% — beating the Income category average of -2.02% by 0.40 pp. It ranked #255 of 380 in its category that year.

Kotak Twin Advantage Series III- 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 Twin Advantage Series III- 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.

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