Kotak Gilt Fund Direct Growth NAV today
AMFI: 119759ISIN: INF174K01KE4MUTF_IN: KOTA_GILT_INV_18H5SCFKotak Mahindra Mutual FundGilt funds
Formerly 1, 2, Kotak Gilt Fund -Investment Provident Fund and Trust
NAV ₹110.0567up ₹0.01 (0.01%)
NAV for 27 Oct 2026, against 26 Oct 2026. Declared once a day.
Other plans: Direct IDCW ₹24.2181 · Regular IDCW ₹18.6983 · Regular Growth ₹95.6908, 0.01%
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹2,069 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 0.48%20 Oct 2026
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought. Exit load in the glossary
- None
- Yield to maturityYield to maturity. The yearly return the fund's bonds would earn if each were held to maturity at today's price, weighted by what the fund holds of each. Yield to maturity in the glossary
- 6.82%30 Sep 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. Riskometer in the glossary
- ModerateAug 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 3930 Sep 2026
- LaunchedLaunch date. The day the fund first allotted units to investors, at the close of its new fund offer. Launch date in the glossary
- 29 Dec 1998
Kotak Gilt Fund returns
Direct Growth plan
Over each window to 27 Oct 2026
| Over | Direct GrowthTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). Trailing return: how it is worked out | Regular Growth | BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. Rank in category in the glossary | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. Category median in the glossary | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. Middle half of the category in the glossary |
|---|---|---|---|---|---|---|
| 1 week | −0.39% | −0.41% | – | – | – | – |
| 1 month | −1.03% | −1.12% | – | 16 of 24 | −0.96% | −1.5% to −0.8% |
| 3 months | −1.68% | −1.93% | – | 14 of 24 | −1.62% | −2.3% to −1.1% |
| 6 months | +1.35% | +0.85% | – | 9 of 24 | +1.07% | +0.6% to +1.5% |
| 1 year | +1.01% | 0.00% | +2.10%to 30 Sep 2026 | 16 of 24 | +1.26% | +0.9% to +2.1% |
| 3 years | +5.39% | +4.33% | +6.28%to 30 Sep 2026 | 19 of 22 | +6.03% | +5.7% to +6.3% |
| 5 years | +5.11% | +4.03% | +5.48%to 30 Sep 2026 | 14 of 19 | +5.32% | +5.1% to +5.5% |
| 10 years | +6.65% | +5.57% | +6.46%to 30 Sep 2026 | 9 of 19 | +6.63% | +6.2% to +6.9% |
₹10,000 put in on 2 Jan 2013 is ₹27,562 at the NAV of 27 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load. Growth of ₹10,000 in the glossaryOver a year and longer, a return is the yearly rate. Benchmark: Nifty All Duration G-Sec Index, over the same days as the fund, or to the month end its cell names. Rank, median and middle half among the Direct plans of Gilt funds, each fund's return to its latest NAV on or before 28 Oct 2026.
At the month end, 30 Sep 2026
| Over | Fund | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. Benchmark return in the glossary |
|---|---|---|
| 1 year | +2.65% | +2.10% |
| 3 years | +5.63% | +6.28% |
| 5 years | +5.30% | +5.48% |
| 10 years | +6.79% | +6.46% |
| Since launch | +7.72% | +6.99% |
Benchmark: Nifty All Duration G-Sec Index. Both as the fund house states them for the month.
Return in each calendar year
- Fund, Direct GrowthCalendar year return. The change in NAV from the last NAV of one year to the last NAV of the next.
Highest year to Dec 2014, +17.9%; lowest year to Dec 2017, +1.7%
Kotak Gilt Fund SIP returns
₹10,000 on the 1st of every month, valued at the NAV of 27 Oct 2026SIP calculator
| Period | InvestedAmount invested. ₹10,000 on the 1st of every month, or the next day the fund priced, added up over the period. Amount invested in the glossary | Value todayValue today. What the units bought by every instalment are worth at the latest NAV. Value today in the glossary | Invested against value today | SIP returnSIP return (XIRR). The yearly rate that, applied to each monthly instalment from the day it was invested, gives the value of all the units today. SIP return (XIRR) in the glossary | After stamp dutySIP return after stamp duty. The same SIP return with stamp duty of 0.005% taken from every instalment since 1 Jul 2020, so ₹10,000 buys ₹9,999.50 of units. SIP return after stamp duty in the glossary | Stamp dutyStamp duty paid. The stamp duty on all the instalments, in rupees: 0.005% of each purchase made since 1 Jul 2020. Stamp duty paid in the glossary |
|---|---|---|---|---|---|---|
| 1 year12 instalments | ₹1,20,000 | ₹1,20,986₹1,20,980 after stamp duty | +1.56% | +1.55% | ₹6 | |
| 3 years36 instalments | ₹3,60,000 | ₹3,77,466₹3,77,447 after stamp duty | +3.13% | +3.12% | ₹18 | |
| 5 years60 instalments | ₹6,00,000 | ₹6,76,559₹6,76,526 after stamp duty | +4.77% | +4.77% | ₹30 | |
| 10 years120 instalments | ₹12,00,000 | ₹16,40,424₹16,40,380 after stamp duty | +6.10% | +6.10% | ₹38 | |
| Since Jan 2013165 instalments | ₹16,50,000 | ₹27,24,512₹27,24,468 after stamp duty | +6.98% | +6.98% | ₹38 |
A SIP that rises every year: Step-up SIP calculator
Rolling returns
Per cent a year, every window from 2 Jan 2013 to 27 Oct 2026
Lowest to highestAverage
LowestLowest rolling return. The lowest yearly return of any window of this length in the fund's history, one window starting on each day it priced. Lowest rolling return in the glossaryAverageAverage rolling return. The average of the yearly returns of every window of this length in the fund's history. Average rolling return in the glossaryHighestHighest rolling return. The highest yearly return of any window of this length in the fund's history. Highest rolling return in the glossaryEnded higherWindows that ended higher. The share of all the windows of this length in which the NAV ended above where it started. Windows that ended higher in the glossary
1 year3,093 windows−3.9%+8.1%+21.4%93.4%
3 years2,617 windows+4.8%+8.4%+15.4%100.0%
5 years2,134 windows+5.1%+8.2%+11.1%100.0%
10 years924 windows+6.6%+8.3%+9.4%100.0%
Every 3, 5 and 10-year window ended higher than it started.
Kotak Gilt Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio. Direct and regular plan cost gap in the glossary
- 1.00 ptsA year, on 20 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies. Expense ratio, 30-day average in the glossary
- 0.48%Over the last 30 days filed
- Regular, 30-day average
- 1.48%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan at its highest since Oct 2018 in the latest month.Direct plan lowest 0.23%, Oct 2021.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.41% | 1.25% |
| Brokerage | 0.00% | 0.00% |
| Transaction costs | 0.00% | 0.00% |
| Statutory levies | 0.07% | 0.23% |
Per cent of assets a year, filed for 20 Oct 2026. The parts add up to that day's total.
Buying and selling
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹100
- Minimum top-up
- ₹100
- Minimum redemption
- ₹1,000
- SIP
- Accepted
- SIP minimum
- Rs. 100/- and any amount thereafter
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Accepted
- Switches
- Accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
- SIP dates
- Any date from 1st to 31st of a given month/ quarter
As listed for this plan on 28 Oct 2026.
How Kotak Gilt Fund is taxed
Gains on units bought on or after 1 Apr 2023 are taxed at the income tax slab rate however long they are held; gains on units bought earlier are taxed at 12.5% when held over 24 months, or over 12 months for a listed fund such as an ETF, and at the slab rate otherwise.
IDCW payouts are added to the holder's income and taxed at the income tax slab rate. The fund deducts 10% tax at source for a resident when its payouts to them in a year counted from April to March are above ₹10,000.
Rules in force from 23 Jul 2024, checked 27 Oct 2026. Surcharge and cess are not included.
Kotak Gilt Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹2,166 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 67.8%Of the quarter's average
Average assets by quarter, by plan
- Regular plans
- Direct plans
Largest ₹4,240 Cr, quarter to Dec 2024.
Assets at each month end
Highest ₹4,442 Cr, Dec 2024.Lowest ₹384 Cr, Feb 2020.
Kotak Gilt Fund portfolio
Portfolio disclosed for 30 Sep 2026.
- Yield to maturity
- 6.82%Lines stating a yield: 80.26% of the bond book
- Yield after expensesYield after expenses. The yield to maturity less the plan's expense ratio. Yield after expenses in the glossary
- 6.34%Direct plan
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal. Macaulay duration in the glossary
- 5.38years
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates. Modified duration in the glossary
- 5.18years
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid. Average maturity in the glossary
- 12.20years
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over. Maturity date known in the glossary
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window. Perpetual bonds in the glossary
- None
The bond book is the fund's bonds, bills and overnight lending.
Holdings on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | Held since. The first month end of the fund's current run of holding this position; marked "or earlier" where that month is the fund's first portfolio on record or the first after a gap in its portfolios. Held since in the glossary | ||||
|---|---|---|---|---|---|
| TBSOV, repaid 8 Oct 2026 | 16.21% | 334.67 | 3,35,00,000 | 5.20% | Sep 2026 |
| Central Government - 2065SOV, 6.90% coupon, repaid 15 Apr 2065 | 15.64% | 322.93 | 3,59,99,500 | 7.89% | Jul 2025 |
| Central Government - 2055SOV, 7.24% coupon, repaid 18 Aug 2055 | 14.54% | 300.17 | 3,16,30,400 | 7.83% | Jan 2026 |
| TBSOV, repaid 1 Oct 2026 | 7.26% | 150.00 | 1,50,00,000 | 5.30% | Sep 2026 |
| TBSOV, repaid 22 Oct 2026 | 6.04% | 124.63 | 1,25,00,000 | 5.20% | Sep 2026 |
| Central Government - 2035SOV, 6.48% coupon, repaid 6 Oct 2035 | 4.86% | 100.30 | 1,05,00,000 | 7.29% | Aug 2026 |
| Bihar State Govt - 2035 - BiharSOV, 6.88% coupon, repaid 9 Jul 2035 | 2.27% | 46.96 | 50,00,000 | 8.00% | Oct 2025 |
| STRIPSSOV, repaid 6 May 2037 | 1.03% | 21.21 | 46,39,400 | 7.67% | Oct 2024 |
| STRIPSSOV, repaid 25 May 2034 | 0.86% | 17.84 | 31,19,600 | 7.58% | Jan 2025 |
| STRIPSSOV, repaid 25 Nov 2034 | 0.83% | 17.19 | 31,19,600 | 7.59% | Jan 2025 |
| STRIPSSOV, repaid 22 Apr 2037 | 0.80% | 16.49 | 35,96,600 | 7.67% | Oct 2024 |
| STRIPSSOV, repaid 22 Apr 2039 | 0.78% | 16.15 | 41,10,400 | 7.72% | Nov 2024 |
| STRIPSSOV, repaid 22 Oct 2035 | 0.77% | 15.83 | 30,82,800 | 7.64% | Nov 2024 |
| STRIPSSOV, repaid 22 Oct 2037 | 0.77% | 15.87 | 35,96,600 | 7.68% | Oct 2024 |
| STRIPSSOV, repaid 25 Nov 2036 | 0.72% | 14.77 | 31,19,600 | 7.65% | Jan 2025 |
Weight is per cent of the fund's net assets; value in ₹ crore. 1 line filed with no weight is listed without one.
Cash and receivables on 30 Sep 2026
| Triparty Repo | 19.55% | 403.70 |
| Net Current Assets/(Liabilities) | 0.96% | 19.57 |
Weight is per cent of the fund's net assets; value in ₹ crore. 1 line filed with no weight is listed without one.
- Largest holdingLargest holding. The share of the fund in its single largest position, cash and futures not counted as positions. Largest holding in the glossary
- 16.21%TB
- Top 5 holdingsTop 5 holdings. The share of the fund held in its five largest positions. Top 5 holdings in the glossary
- 59.69%
- Top 10 holdingsTop 10 holdings. The share of the fund held in its ten largest positions. Top 10 holdings in the glossary
- 69.54%
- Effective holdingsEffective number of holdings. The number of equal-sized positions that would be as concentrated as the fund's actual weights. Effective number of holdings in the glossary
- 7.5Taken over 79.49% of the fund
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Bonds and bills79.49%
- Cash and receivables20.51%
Per cent of the fund's net assets.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared. Credit rating in the glossaryLoans of over a year
- Sovereign79.49%
Other
- Overnight lending19.55%
Per cent of the fund's net assets. A grade is stated for 100.00% of the bonds.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off. Maturity profile in the glossary- Up to 1 month49.06%
- 1 to 3 monthsNone
- 3 to 6 monthsNone
- 6 to 12 monthsNone
- 1 to 3 years0.46%
- 3 to 5 years0.05%
- 5 to 10 years10.57%
- Over 10 years38.90%
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
Bought and sold
Sep 2026 against Aug 2026, position by position.
Positions changed, month by month
- New
- Added
- Trimmed
- Sold out
- New positionsNew positions. Holdings in this month's portfolio that were not in the month before. New positions in the glossary
- 329.51% of the fund
- Sold outSold out. Holdings in last month's portfolio that are gone from this one, other than a bond or deposit repaid on its due date. Sold out in the glossary
- 513.25% of the fund before
- MaturedMatured. Bonds and deposits whose repayment date fell between the two portfolios, so they were repaid rather than sold. One sold in its last days reads the same. Matured in the glossary
- 2
- Added toAdded to. Holdings with more units than the month before. Where the fund states no units, a weight that rose by more than a tenth. Added to in the glossary
- 0
- TrimmedTrimmed. Holdings with fewer units than the month before. Where the fund states no units, a weight that fell by more than a tenth. Trimmed in the glossary
- 2
- UnchangedUnchanged. Holdings with the same number of units as the month before. Their weight can still move with the price. Unchanged in the glossary
- 34
- Traded at leastTraded at least. The smaller of the weight bought in new positions and the weight sold out of old ones, cash left out: the least the fund must have bought and sold in the month. Traded at least in the glossary
- 13.25%
- Weight that movedWeight that moved. Half the sum of every position's change in weight between the two month ends, new and sold positions included; price moves alone raise it. Weight that moved in the glossary
- 35.11%
Changes in Sep 2026
| What changed. New: not held the month before. Added or trimmed: more or fewer units than the month before, or, where no units are stated, a weight that moved by more than a tenth. Sold out: held the month before, gone now. Matured: a bond or deposit whose repayment date fell between the two portfolios, so it was repaid rather than sold (one sold in its last days reads the same). What changed in the glossary | Change in weight. The holding's weight this month less its weight the month before, in percentage points; a price move alone changes it. Change in weight in the glossary | ||||
|---|---|---|---|---|---|
| TB | New | 16.21% | 0.00% | +16.21 pts | +3,35,00,000 |
| TB | Matured | – | 8.30% | −8.30 pts | – |
| TB | New | 7.26% | 0.00% | +7.26 pts | +1,50,00,000 |
| TB | New | 6.04% | 0.00% | +6.04 pts | +1,25,00,000 |
| Central Government - 2055 | Trimmed | 14.54% | 19.47% | −4.93 pts | −1,10,00,000 |
| TB | Matured | – | 4.74% | −4.74 pts | – |
| Tamil Nadu State Govt - 2041 - Tamil Nadu(^) | Sold out | – | 4.31% | −4.31 pts | −90,00,000 |
| Karnataka State Govt - 2035 - Karnataka | Sold out | – | 3.93% | −3.93 pts | −83,36,600 |
| Central Government - 2035 | Trimmed | 4.86% | 8.75% | −3.89 pts | −85,00,000 |
| Karnataka State Govt - 2035 - Karnataka | Sold out | – | 2.65% | −2.65 pts | −55,91,700 |
| Central Government - 2053 | Sold out | – | 2.03% | −2.03 pts | −44,26,389 |
| STRIPS | Sold out | – | 0.33% | −0.33 pts | −20,56,100 |
Weights are per cent of the fund's net assets; a change in weight is in percentage points.
Holdings month by month
| Holding | Oct 25 | Nov 25 | Dec 25 | Jan 26 | Feb 26 | Mar 26 | Apr 26 | May 26 | Jun 26 | Jul 26 | Aug 26 | Sep 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TB | – | – | – | – | – | – | – | – | – | – | – | 16.21%Bought |
| Central Government - 2065 | 10.22%Added | 9.97%Cut | 9.37%Cut | 6.18%Cut | 15.86%Added | 16.36%Cut | 16.76%Cut | 14.90%Cut | 15.24%Cut | 14.91%Cut | 15.50% | 15.64% |
| Central Government - 2055 | – | – | – | 4.75%Bought | 10.09%Added | 8.03%Cut | 4.33%Cut | 1.11%Cut | 9.94%Added | 15.49%Added | 19.47%Added | 14.54%Cut |
| TB | – | – | – | – | – | – | – | – | – | – | – | 7.26%Bought |
| TB | – | – | – | – | – | – | – | – | – | – | – | 6.04%Bought |
| Central Government - 2035 | – | – | 0.15%Bought | 0.16% | Sold out | – | – | – | – | – | 8.75%Bought again | 4.86%Cut |
| Bihar State Govt - 2035 - Bihar | 1.44%Bought | 1.47% | 1.46% | 1.59% | 1.66% | 1.83% | 1.94% | 2.08% | 2.13% | 2.19% | 2.26% | 2.27% |
| STRIPS | 0.61% | 0.63% | 0.64% | 0.69% | 0.73% | 0.79% | 0.85% | 0.93% | 0.96% | 0.98% | 1.02% | 1.03% |
| STRIPS | 0.52% | 0.53% | 0.54% | 0.59% | 0.61% | 0.68% | 0.71% | 0.78% | 0.80% | 0.82% | 0.86% | 0.86% |
| STRIPS | 0.50% | 0.51% | 0.52% | 0.57% | 0.59% | 0.66% | 0.69% | 0.75% | 0.77% | 0.79% | 0.83% | 0.83% |
| STRIPS | 0.48% | 0.49% | 0.50% | 0.54% | 0.57% | 0.62% | 0.66% | 0.72% | 0.75% | 0.76% | 0.79% | 0.80% |
| STRIPS | 0.47% | 0.47% | 0.49% | 0.52% | 0.55% | 0.60% | 0.65% | 0.70% | 0.74% | 0.75% | 0.78% | 0.78% |
| STRIPS | 0.46% | 0.47% | 0.49% | 0.53% | 0.55% | 0.61% | 0.64% | 0.70% | 0.71% | 0.73% | 0.76% | 0.77% |
| STRIPS | 0.46% | 0.47% | 0.48% | 0.52% | 0.55% | 0.60% | 0.64% | 0.70% | 0.72% | 0.74% | 0.77% | 0.77% |
| STRIPS | 0.43% | 0.44% | 0.45% | 0.49% | 0.51% | 0.56% | 0.59% | 0.65% | 0.67% | 0.68% | 0.71% | 0.72% |
Per cent of the fund's net assets at each month end, Oct 2025 to Sep 2026. Under it, the change on the fund's previous month. "After a gap" is a holding after a month with no portfolio on record, so when it was bought is not known; "Not filed" is one gone across such a gap.
Risk ratios
NAV to 27 Oct 2026
Each bar runs from the lowest to the highest figure among the Direct plans of Gilt funds (22 funds) over the same 3 years; the tick is their average and the dot this fund.
How much the NAV moves
Standard deviationStandard deviation. How far the fund's monthly returns spread around their average, stated as a yearly figure: the wider the spread, the more the NAV moves. Standard deviation in the glossary4.40%
2.60%Lowest3.88%Average5.16%Highest
Downside deviationDownside deviation. Standard deviation counting only the months in which the fund lost money, stated as a yearly figure. Downside deviation in the glossary2.53%
1.38%Lowest2.07%Average3.24%Highest
Sharpe ratioSharpe ratio. The monthly return above the 91-day Treasury bill yield, divided by its standard deviation and stated for a year: the extra return for each unit of movement in the NAV. Sharpe ratio in the glossary−0.07
−0.18Lowest0.07Average0.42Highest
Sortino ratioSortino ratio. The monthly return above the 91-day Treasury bill yield, divided by how far it fell below that yield and stated for a year: the extra return for each unit of movement on the way down. Sortino ratio in the glossary−0.10
−0.24Lowest0.10Average0.66Highest
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. Largest fall in the glossary | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. Back at the high in the glossary |
|---|---|---|---|---|
| 1 year | −2.86% | 27 Feb 2026 | 2 Apr 2026 | 9 Jun 2026 |
| 3 and 5 years | −4.71% | 28 May 2025 | 1 Sep 2025 | 29 Jun 2026 |
| 10 years | −5.86% | 24 Nov 2016 | 10 Mar 2017 | 7 Jun 2017 |
| Since Jan 2013 | −13.35% | 27 May 2013 | 19 Aug 2013 | 15 Sep 2014 |
Risk level by month
| Months | Fund | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. Benchmark's risk level in the glossary |
|---|---|---|
| Feb 2023 to Aug 202643 months | Moderate | ModerateNifty All Duration G-Sec Index |
| Apr 2022 to Jan 202310 months | Low to Moderate | ModerateNifty All Duration G-Sec Index |
| Nov 2021 to Mar 20225 months | Moderate | ModerateNifty All Duration G-Sec Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Kotak Gilt Fund managers
Managers now
| Manager | Return in the manager's time. The change in the plan's NAV from the day the manager took the fund over to the latest NAV; past a year, the yearly rate that would compound to the same change. Return in the manager's time in the glossary | Benchmark over the same days. The change in the fund's benchmark index over the same days as the manager's return, worked out the same way, with the dividends of the index's companies added back. Benchmark over the same days in the glossary | Difference from the benchmark. The fund's return in the manager's time less its benchmark's over the same days, in percentage points. Difference from the benchmark in the glossary | Portfolio changed after the handover. How much of the portfolio was different three months after the manager took over: half the sum of every holding's change in weight, with each side's holdings scaled to add up to 100 so a move into cash does not count. Portfolio changed after the handover in the glossary | Portfolio changed before the handover. The same measure over the three months before the manager took over, since portfolios change anyway. Portfolio changed before the handover in the glossary | Assets the manager runs. The latest monthly size of every fund the manager runs now, added up; a fund run with others counts in full for each of its managers, and the line under it counts only the funds they run alone. Assets the manager runs in the glossary | ||
|---|---|---|---|---|---|---|---|---|
| Abhishek BisenPrimary | Apr 2008 | – | – | – | – | – | 85 | ₹1,87,877 Cr₹29,349 Cr alone |
Returns are the direct plan's growth NAV, from the day each took over to the latest NAV, beside the benchmark over the same days.
Other funds they run
| Fund | |||||
|---|---|---|---|---|---|
| Kotak Multi Cap FundAbhishek Bisen | Sep 2021 | +14.73%a year | +9.98% | +4.75 pts | ₹30,274 Cr |
| Kotak Balanced Advantage FundAbhishek Bisen | Aug 2018 | +10.18%a year | – | – | ₹16,608 Cr |
| Kotak Multi Asset Allocation FundAbhishek Bisen | Sep 2023 | +14.81%a year | – | – | ₹15,191 Cr |
| Kotak Gold ETFAbhishek Bisen | Apr 2008 | – | – | – | ₹14,402 Cr |
| Kotak Short Term FundAbhishek Bisen | Nov 2022 | +7.18%a year | – | – | ₹14,259 Cr |
| Kotak Equity Savings FundAbhishek Bisen | Sep 2014 | – | – | – | ₹10,423 Cr |
| Kotak Aggressive Hybrid FundAbhishek Bisen | Apr 2008 | – | – | – | ₹9,061 Cr |
| Kotak Income Plus Arbitrage Omni FOFAbhishek Bisen | Nov 2022 | +7.38%a year | – | – | ₹7,884 Cr |
| Kotak Gold FundAbhishek Bisen | Mar 2011 | – | – | – | ₹6,927 Cr |
| Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index FundAbhishek Bisen | Feb 2022 | +6.31%a year | +6.59% | −0.28 pts | ₹6,139 Cr |
The ten largest by assets, by manager. Returns are the direct plan's.
Portfolio overlap
Funds holding the most of the same securities, by weight.
Closest funds in the category
| Portfolio overlap. The share of the two funds' portfolios that is the same: for every holding they share, the smaller of its two weights, added up. Portfolio overlap in the glossary | Shared holdings. The number of securities both funds hold, cash and futures left out. Shared holdings in the glossary | |
|---|---|---|
| Union Gilt FundUnion Mutual Fund | 30.18% | 2 |
| Edelweiss Gilt FundEdelweiss Mutual Fund | 29.34% | 3 |
| HSBC Gilt FundHSBC Mutual Fund | 29.00% | 3 |
| Bajaj Finserv Gilt FundBajaj Finserv Mutual Fund | 27.84% | 3 |
| UTI Gilt FundUTI Mutual Fund | 24.79% | 2 |
| Baroda BNP Paribas Gilt FundBaroda BNP Paribas Mutual Fund | 23.52% | 3 |
| Groww Gilt FundGroww Mutual Fund | 23.47% | 2 |
| ICICI Prudential Gilt FundICICI Prudential Mutual Fund | 20.97% | 3 |
| DSP Gilt FundDSP Mutual Fund | 20.06% | 2 |
| HDFC Gilt FundHDFC Mutual Fund | 16.90% | 2 |
Portfolios for Sep 2026. Overlap is per cent of the portfolio the two funds hold in common.
Overlap with the fund house's other funds
| Kotak Long Term FundKotak Mahindra Mutual Fund | 20.08% |
| Kotak Medium to Long Term FundKotak Mahindra Mutual Fund | 19.44% |
| Kotak Dynamic Term FundKotak Mahindra Mutual Fund | 16.19% |
| Kotak Liquid FundKotak Mahindra Mutual Fund | 4.75% |
| Kotak Overnight FundKotak Mahindra Mutual Fund | 2.64% |
| Kotak Credit Risk FundKotak Mahindra Mutual Fund | 2.57% |
| Kotak Corporate Bond FundKotak Mahindra Mutual Fund | 1.12% |
| Kotak Short Term FundKotak Mahindra Mutual Fund | 0.98% |
| Kotak Medium Term FundKotak Mahindra Mutual Fund | 0.97% |
| Kotak Banking and PSU DebtKotak Mahindra Mutual Fund | 0.88% |
As the fund house states it, for Sep 2026.
Kotak Gilt Fund dividend history
IDCW (income distribution cum capital withdrawal), once called a dividend: rupees per unit, paid to holders on the record date and taken out of the NAV. Paid by the fund's Direct IDCW plan.Every fund's payouts
Paid per unit, the latest payouts
- Paid per unitIDCW payout. Rupees paid out per unit to holders on the record date; the money comes out of the fund, so the plan's NAV falls by the same amount. IDCW payout in the glossary
Largest ₹0.6464 a unit, Jun 2013.
Every payout
| IDCW yield. A payout as a share of the plan's NAV on the record date, before the NAV fell by the amount paid. IDCW yield in the glossary | NAV before | NAV after | ||
|---|---|---|---|---|
| 22 Dec 2025 | ₹0.0274 | 0.12% | ₹23.7564 | ₹23.7597 |
| 22 Sep 2025 | ₹0.2916 | 1.21% | ₹24.0845 | ₹23.8001 |
| 20 Jun 2025 | ₹0.3081 | 1.26% | ₹24.4992 | ₹24.2241 |
| 20 Sep 2016 | ₹0.6229 | 4.55% | ₹13.6975 | ₹12.8554 |
| 20 Jun 2016 | ₹0.1923 | 1.47% | ₹13.1076 | ₹12.8517 |
| 21 Mar 2016 | ₹0.1236 | 0.95% | ₹12.9772 | ₹12.7945 |
| 21 Dec 2015 | ₹0.0294 | 0.23% | ₹12.5601 | ₹12.5324 |
| 21 Sep 2015 | ₹0.214005 | 1.67% | ₹12.7992 | ₹12.4850 |
| 22 Jun 2015 | ₹0.233651 | 1.83% | ₹12.7335 | ₹12.3976 |
| 22 Dec 2014 | ₹0.2473 | 1.96% | ₹12.6094 | ₹12.3011 |
| 22 Sep 2014 | ₹0.6457 | 5.09% | ₹12.6766 | ₹11.8256 |
| 20 Dec 2013 | ₹0.3616 | 3.02% | ₹11.9907 | ₹11.5025 |
All 14 payouts since 20 Mar 2013.
Changes to the fund
Newest first.
2026
- 1 AprExpenseExpense ratio stated under the new rules: a base ratio, with brokerage, levies and GST on top
Fund details
Objective
The objective of the Plan is to generate risk-free returns through investments in sovereign securities issued by the Central Government and/or State Government(s) and/or any security unconditionally guaranteed by the Government of India, and/or reverse repos in such securities as and when permitted by RBI. A portion of the fund may be invested in Reverse repo, Triparty repo on Government securities or treasury bills and/or other similar instruments as may be notified to meet the day-to-day liquidity requirements of the Plan. To ensure total safety of Unitholders' funds, the Plan does not invest in any other securities such as shares, debentures or bonds issued by any other entity. The Fund will seek to underwrite issuance of Government Securities if and to the extent permitted by SEBI/RBI and subject to the prevailing rules and regulations specified in this respect and may also participate in their auction from time to time. Subject to the maximum amount permitted from time to time, the Plan may invest in securities abroad, in the manner allowed by SEBI/RBI in conformity with the guidelines, rules and regulations in this respect. There is no assurance that the investment objective of the Plan will be achieved. It is however emphasized, that investments under the Plan are made in Government Securities, where there is no risk of default of payment in principal or interest amount.
Asset allocation
- Government of India Securities/ State Government Securities/ Government of India tbills/, repos/ reverse repos in such Securities as may be permitted by RBI - 80%-100% - Sovereign Call money market or alternative investment for call money market as may be provided by the Reserve Bank of India - currently Triparty repo on Government securities or treasury bills - 0% - 20% - Low
Type of scheme
An open ended debt scheme investing in government securities across maturity. A relatively high interest rate risk and relatively low credit risk.
- Benchmark
- Nifty All Duration G-Sec Index
- Potential risk classPotential risk class. The most risk a debt fund says it may take, as a letter and a numeral: the letter is credit risk, from A (relatively low) to C (relatively high), and the numeral is interest rate risk, from I (relatively low) to III (relatively high). Potential risk class in the glossary
- A-III
- Risk level at launch
- Moderate
- New fund offer
- 11 Dec 1998 to 28 Dec 1998
- Units first allotted
- 29 Dec 1998
- Open for sale again
- 5 Jan 1999
Plans and codes
| Plan | AMFI code | ISIN | ISIN, reinvestment | MUTF_IN | First NAV |
|---|---|---|---|---|---|
| Direct Growth | 119759 | INF174K01KE4 | KOTA_GILT_INV_18H5SCF | 2 Jan 2013 | |
| Regular Growth | 100265 | INF174K01FI5 | KOTA_GILT_INV_S82YF3 | 2 Apr 2006 | |
| Direct IDCW | 119758 | INF174K01KF1 | KOTA_GILT_INV_3YFJNO | 2 Jan 2013 | |
| Regular IDCW | 100264 | INF174K01FK1 | INF174K01FJ3 | KOTA_GILT_INV_1W2NLMF | 2 Apr 2006 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Factsheet
- Factsheet for September 2026Kotak Mahindra Mutual Fund, Sep 2026
Statement of additional information
- SAI Kotak Mahindra Mutual FundKotak Mahindra Mutual Fund, Oct 2026
Annual report
- Annual Report FY 2025-26Kotak Mahindra Mutual Fund, Mar 2026
- Abridged Annual Report for FY 2025-26Kotak Mahindra Mutual Fund, Mar 2026
- KMTC Annual Report for FY 2025-26Kotak Mahindra Mutual Fund, Mar 2026
Riskometer disclosure
- Riskometer Disclosure as on March 2026Kotak Mahindra Mutual Fund, Mar 2026
Portfolio overlap disclosure
- Portfolio Overlap - September 2026Kotak Mahindra Mutual Fund, Sep 2026