Kotak Floating Rate Fund Direct Growth

Fund Overview

Fund Size

₹3,229 Cr

Expense Ratio

0.25%

ISIN

INF174KA1EC0

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

14 May 2019

About this fund

Kotak Floating Rate Fund Direct Growth is a Floating Rate mutual fund schemes offered by Kotak Mahindra Mutual Fund. This fund has been in existence for 6 years, 1 months and 28 days, having been launched on 14-May-19.
As of 11-Jul-25, it has a Net Asset Value (NAV) of ₹1557.65, Assets Under Management (AUM) of 3228.67 Crores, and an expense ratio of 0.25%.

Kotak Floating Rate Fund Direct Growth has given a CAGR return of 7.46% since inception.
The fund's asset allocation comprises around 0.00% in equities, 98.00% in debts, and 1.54% in cash & cash equivalents.
You can start investing in Kotak Floating Rate Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+9.79%

+8.95% (Cat Avg.)

3 Years

+8.34%

+7.92% (Cat Avg.)

5 Years

+6.85%

+6.34% (Cat Avg.)

Since Inception

+7.46%

— (Cat Avg.)

Portfolio Summaryas of 30th June 2025

Debt	₹3,163.96 Cr	98.00%
Others	₹64.71 Cr	2.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
6.99% Govt Stock 2034	Bond - Gov't/Treasury	₹659.19 Cr	20.42%
6.63% Govt Stock 2031	Bond - Gov't/Treasury	₹349.74 Cr	10.83%
Pipeline Infrastructure Limited	Bond - Corporate Bond	₹169.64 Cr	5.25%
Mankind Pharma Limited	Bond - Corporate Bond	₹152.64 Cr	4.73%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹137.81 Cr	4.27%
Bajaj Finance Limited	Bond - Corporate Bond	₹112.18 Cr	3.47%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹103 Cr	3.19%
Jubilant Bevco Limited	Bond - Corporate Bond	₹102.58 Cr	3.18%
Tata Capital Housing Finance Limited	Bond - Corporate Bond	₹102.46 Cr	3.17%
Muthoot Finance Limited	Bond - Corporate Bond	₹101.59 Cr	3.15%
Rec Limited	Bond - Corporate Bond	₹100.03 Cr	3.10%
Tata Capital Limited	Bond - Corporate Bond	₹96.09 Cr	2.98%
Embassy Office Parks Reit	Bond - Corporate Bond	₹91.91 Cr	2.85%
Muthoot Finance Limited	Bond - Corporate Bond	₹77.3 Cr	2.39%
Bajaj Housing Finance Limited	Bond - Corporate Bond	₹71.52 Cr	2.22%
Muthoot Finance Limited	Bond - Corporate Bond	₹61.12 Cr	1.89%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹60.97 Cr	1.89%
DHRUVA XXII	Bond - Asset Backed	₹60.65 Cr	1.88%
Vedanta Limited	Bond - Corporate Bond	₹60.05 Cr	1.86%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹51.28 Cr	1.59%
Godrej Properties Limited	Bond - Corporate Bond	₹51.15 Cr	1.58%
Embassy Office Parks Reit	Bond - Corporate Bond	₹51.12 Cr	1.58%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹50.98 Cr	1.58%
Power Finance Corporation Limited	Bond - Corporate Bond	₹50.88 Cr	1.58%
Power Finance Corporation Limited	Bond - Corporate Bond	₹50.85 Cr	1.57%
L&T Metro Rail (Hyderabad) Limited	Bond - Corporate Bond	₹50.16 Cr	1.55%
Net Current Assets/(Liabilities)	Cash	₹33.79 Cr	1.05%
Muthoot Finance Limited	Bond - Corporate Bond	₹27.42 Cr	0.85%
L&T Finance Limited	Bond - Corporate Bond	₹25.26 Cr	0.78%
VAJRA 008 TRUST	Bond - Asset Backed	₹22.64 Cr	0.70%
7.81% Govt Stock 2033	Bond - Gov't/Treasury	₹21.41 Cr	0.66%
Triparty Repo	Cash - Repurchase Agreement	₹16 Cr	0.50%
Pipeline Infrastructure Limited	Bond - Corporate Bond	₹15.27 Cr	0.47%
SBI ALTERNATIVE INVESTMENT FUND	Mutual Fund - Open End	₹14.92 Cr	0.46%
Bahadur Chand Investments Private Limited	Bond - Corporate Bond	₹12.57 Cr	0.39%
Bahadur Chand Investments Private Limited	Bond - Corporate Bond	₹12.52 Cr	0.39%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹2,050.33 Cr	63.50%
Bond - Gov't/Treasury	₹1,030.34 Cr	31.91%
Bond - Asset Backed	₹83.29 Cr	2.58%
Cash	₹33.79 Cr	1.05%
Cash - Repurchase Agreement	₹16 Cr	0.50%
Mutual Fund - Open End	₹14.92 Cr	0.46%

Risk & Performance Ratios

Fund Managers

Deepak Agrawal

Since May 2019

Manu Sharma

Since November 2022

Additional Scheme Detailsas of 30th June 2025

ISIN

INF174KA1EC0

Expense Ratio

0.25%

Exit Load

No Charges

Fund Size

₹3,229 Cr

Age

6 years 1 month

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

Nifty Short Duration Debt TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Floating Rate Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ICICI Prudential Floating Interest Fund Direct Growth Moderate Risk	0.6%	0.0%	₹7407.54 Cr	9.1%
Nippon India Floating Rate Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹8555.36 Cr	9.7%
UTI Floater Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹1410.06 Cr	8.3%
UTI Floater Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹1410.06 Cr	7.8%
HDFC Floating Rate Debt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹15296.88 Cr	9.0%
SBI Floating Rate Debt Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹963.51 Cr	8.5%
SBI Floating Rate Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹963.51 Cr	8.7%
Aditya Birla Sun Life Floating Rate Fund Regular Growth Low to Moderate Risk	0.4%	0.0%	₹13531.48 Cr	8.5%
Baroda BNP Paribas Floater Fund Regular Growth Moderate Risk	0.6%	0.0%	₹17.70 Cr	8.4%
Baroda BNP Paribas Floater Fund Direct Growth Moderate Risk	0.2%	0.0%	₹17.70 Cr	8.8%
Bandhan Floating Rate Fund Regular Growth Low to Moderate Risk	0.8%	0.0%	₹311.97 Cr	9.3%
Bandhan Floating Rate Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹311.97 Cr	9.8%
Tata Floating Rate Fund Regular Growth Moderate Risk	0.7%	0.0%	₹131.53 Cr	9.0%
Tata Floating Rate Fund Direct Growth Moderate Risk	0.3%	0.0%	₹131.53 Cr	9.4%
Kotak Floating Rate Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3228.67 Cr	9.8%
Kotak Floating Rate Fund Regular Growth Low to Moderate Risk	0.6%	0.0%	₹3228.67 Cr	9.4%
Aditya Birla Sun Life Floating Rate Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹13531.48 Cr	8.7%
Franklin India Floating Rate Fund Direct Growth Moderate Risk	0.2%	0.0%	₹358.30 Cr	10.1%
HDFC Floating Rate Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹15296.88 Cr	9.2%
ICICI Prudential Floating Interest Fund Regular Growth Moderate Risk	1.2%	0.0%	₹7407.54 Cr	8.4%
Nippon India Floating Rate Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹8555.36 Cr	9.4%
Franklin India Floating Rate Fund Regular Growth Moderate Risk	1.0%	0.0%	₹358.30 Cr	9.3%
Axis Floater Fund Regular Growth Moderate Risk	0.5%	0.0%	₹159.69 Cr	9.9%
Axis Floater Fund Direct Growth Moderate Risk	0.2%	0.0%	₹159.69 Cr	10.3%
DSP Floater Fund Regular Growth Moderate Risk	0.5%	0.0%	₹559.82 Cr	9.4%
DSP Floater Fund Direct Growth Moderate Risk	0.3%	0.0%	₹559.82 Cr	9.6%

About the AMC

Kotak Mahindra Mutual Fund

+91 22 61152100

https://www.kotakmf.com/

Total AUM

₹5,56,416 Cr

Address

2nd Floor, 12-BKC, Plot No C-12, Mumbai, 400 051

Other Funds by Kotak Mahindra Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Kotak Nifty AAA Bond Financial Services Mar 2028 Index Fund Direct Growth Moderate Risk	-	0.0%	-	-
Mahindra Manulife Banking & Financial Services Fund Direct Growth Very High Risk	-	0.0%	-	-
Kotak Nifty 200 Quality 30 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
Kotak Nifty Top 10 Equal Weight Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹13.83 Cr	-
Kotak Energy Opportunities Fund Direct Growth Very High Risk	0.9%	1.0%	₹196.76 Cr	-
Kotak Nifty Midcap 150 Index Fund Regular Growth Very High Risk	0.3%	0.0%	₹5.43 Cr	-
Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹583.57 Cr	-
Kotak FMP Series 327 Direct Growth Moderately High risk	-	0.0%	₹206.03 Cr	-
Kotak FMP Series 326 - 175 Days Direct Growth Moderate Risk	-	-	-	-
Kotak FMP Series 325 - 90 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak FMP Series 324 - 109 Days Direct Growth Moderately High risk	-	0.0%	-	-
Kotak Healthcare Fund Direct Growth Very High Risk	0.8%	0.0%	₹453.45 Cr	14.1%
Kotak FMP Series 323 Direct Growth Low Risk	-	0.0%	-	-
Kotak Consumption Fund Direct Growth Very High Risk	0.6%	0.0%	₹1334.30 Cr	7.1%
Kotak Nifty G-Sec July 2033 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹22.37 Cr	10.9%
Kotak Multi Asset Allocation Fund Direct Growth High Risk	0.4%	1.0%	₹8219.73 Cr	4.8%
Kotak S&P BSE Housing Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹17.92 Cr	-6.6%
Kotak Fixed Maturity Plan 1174 Days Series 268 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 308 - 1125 Days Direct Growth Moderately High risk	-	0.0%	₹94.00 Cr	9.2%
Kotak Yearly Interval Plan Series 1 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan 1355 Days Series 286 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 304 Direct Growth Moderate Risk	-	-	₹109.38 Cr	11.1%
Kotak Fixed Maturity Plan Series 262 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 291 - 1826 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 264 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 310 - 1131 Days Direct Growth Low to Moderate Risk	-	0.0%	₹125.59 Cr	8.1%
Kotak FMP Series 306 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Quarterly Interval Series 12 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 249 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 295 Direct Growth Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 258 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 298 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 290 - 1180 Days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Monthly Interval Series 4 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 293 - 1826 Days Direct Growth Moderate Risk	-	0.0%	-	-
Kotak India Growth Fund Series IV Direct Growth Very High Risk	0.3%	0.0%	₹132.94 Cr	50.2%
Kotak Fixed Maturity Plan Series 260 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 287 - 1188 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Fixed Maturity Plan Series 272 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak Fixed Maturity Plan Series 273 Direct Growth Low to Moderate Risk	-	-	-	-
Kotak FMP Series 305 Direct Growth Low to Moderate Risk	-	0.0%	₹33.56 Cr	7.9%
Kotak FMP Series 300 - 1223 days Direct Growth Low to Moderate Risk	-	0.0%	₹241.41 Cr	8.1%
Kotak Quarterly Interval Series 13 Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 292 - 1735 Days Direct Growth Low to Moderate Risk	-	0.0%	₹462.24 Cr	8.2%
Kotak FMP Series 289 -1179 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak FMP Series 288 -1177 days Direct Growth Low to Moderate Risk	-	0.0%	-	-
Kotak Small Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹18031.02 Cr	-1.6%
Kotak Flexicap Fund Direct Growth Very High Risk	0.6%	1.0%	₹54840.98 Cr	4.3%
Kotak Equity Opportunities Fund Direct Growth Very High Risk	0.6%	1.0%	₹28294.15 Cr	2.3%
Kotak Taxsaver Fund Direct Growth Very High Risk	0.6%	0.0%	₹6492.65 Cr	-0.3%

Risk Level

Your principal amount will be at Low to Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of Kotak Floating Rate Fund Direct Growth?

The NAV of Kotak Floating Rate Fund Direct Growth, as of 11-Jul-2025, is ₹1557.65.

What are the returns of Kotak Floating Rate Fund Direct Growth?

The fund has generated 9.79% over the last 1 year and 8.34% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Kotak Floating Rate Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 98.00% in bonds, and 1.54% in cash and cash equivalents.

Who manages the Kotak Floating Rate Fund Direct Growth?

The fund managers responsible for Kotak Floating Rate Fund Direct Growth are:-

Deepak Agrawal
Manu Sharma

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹3,229 Cr

Expense Ratio

0.25%

ISIN

INF174KA1EC0

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

14 May 2019

Risk Level

Your principal amount will be at Low to Moderate Risk