Money Market · Debt

Kotak Money Market Fund

Kotak Mahindra Asset Management Company Limited.

Benchmark

CRISIL Money Market A-I Index

Riskometer

Low to Moderate

Size

₹30,234 cr

Allotted

14 Jul 2003

Holdings as of

30 Sep 2026

Kotak Money Market Fund is a money market fund of Kotak Mahindra Asset Management Company Limited. with ₹30,234 cr under management. It is ahead of its benchmark (CRISIL Money Market A-I Index) in 4 of 4 periods. Its direct plan charges 0.16% a year. Deepak Agrawal has managed it for 20.0 years.

Has Kotak Money Market Fund beaten its benchmark?

Ahead of its benchmark, CRISIL Money Market A-I Index, in 4 of 4 periods in AMFI's figures; +6.58% over the last year against +6.11%.

Period returns

Direct Plan, growth · 3y and longer a year

Period	Fund	Nifty 500 TRI	Ahead
1 month	+0.51%	−3.60%	—
3 months	+1.76%	−5.03%	—
6 months	+3.29%	−1.83%	—
1 year	+6.56%	−4.06%	+10.62 pts
3 years	+7.39%	+9.27%	−1.88 pts
5 years	+6.75%	+8.00%	−1.25 pts
10 years	+6.65%	+12.69%	−6.04 pts
Since start from 1 Jan 2013	+49.78%	—	—

Valarth price history to 14 Oct 2026 · the index is the one the fund is nearest; — not on record

Official figures

AMFI performance feed, 13 Oct 2026

Ahead of its benchmark (CRISIL Money Market A-I Index) in 4 of 4 periods.

Period	Direct	Regular	Benchmark	Ahead	Rank
1y	+6.58%	+6.38%	+6.11%	+0.47	🔒
3y	+7.38%	+7.22%	+6.88%	+0.50	🔒
5y	+6.75%	+6.62%	+6.45%	+0.30	🔒
10y	+6.65%	+6.55%	+6.33%	+0.32	🔒

Ahead in points a year · its rank among Money Market funds, and how steady the lead is, in the app

Value of 100, month-end

Oct 2016 to 14 Oct 2026

Fund 190Nifty 500 TRI 327

₹100 put in at the start of Oct 2016 would be ₹190 on 14 Oct 2026, against ₹327 in the Nifty 500 TRI.

Risk, falls and every year

🔒 Pro

Its worst fall and how long it took to recover, three-year stretches, Sharpe, beta and capture ratios, calendar years beside the index, and money in and out: in the app.

See them in the app →

What does Kotak Money Market Fund cost?

0.16% a year on the direct plan, 0.37% on the regular plan; 11 of 27 funds in its category charge less.

Direct plan

0.16% a year

Category median 0.17%

Regular plan

0.37% a year

Category median 0.40%

Gap

0.21 points

for the same holdings

11 of 27 funds in its category charge less on the direct plan.

Expense report, Oct 2026 · Income/Debt Oriented Schemes - Money Market Fund

What the regular plan costs you over time

🔒 Pro

The same money left for years in the direct and the regular plan, side by side, and what the commission takes: in the app.

Who manages Kotak Money Market Fund?

Deepak Agrawal, since 1 Nov 2006; Manu Sharma, since 1 Nov 2022.

Deepak Agrawal

20.0 years

since 1 Nov 2006

Manu Sharma

4.0 years

since 1 Nov 2022

Benchmark as filedCRISIL Money Market A-I Index

Exit load

Nil

From 6 Scheme Summary Documents filed with NSE, first on 29 Apr 2026; as on 29 Sep 2026

What does Kotak Money Market Fund hold?

110 holdings as of 30 Sep 2026; the ten largest are 28.3% of the fund, the largest CD at 3.8%.

Mix

Holdings as of 30 Sep 2026

Equity86.5%Debt12.8%Cash0.7%Other0.0%

Holdings

110

101 shares

Top ten

28.3%

of the fund

Effective holdings

61.4

spread, as if equal-weighted

Matched to our table

of the equity

Five largest

% of fund

CD3.82%

CD2.84%

CD2.66%

CD2.64%

CD2.48%

Five largest industries

% of fund

CRISIL A1+53.4%

CARE A1+25.5%

ICRA A1+13.8%

FITCH A1+6.80%

Alternative Investment Fund0.40%

How does Kotak Money Market Fund score against its category?

Seven scores against funds of its kind, and the warning signs it trips.

Scorecard

🔒 Pro

Seven scores, each out of 5, against funds in its category, with the reasons, and the warning signs it trips: in the app.

Open scorecard in the app →

Are the companies inside any good?

The holdings by valuation, forensic risk, business quality and balance sheet, weighted by their share of the fund.

The companies inside

🔒 Pro

The holdings weighted by their share of the fund: P/E and ROE, forensic risk levels, Valarth's valuation view, quality, moats, balance sheets and who owns them: in the app.

How is Kotak Money Market Fund run?

Turnover, what it bought and sold, its cash and its record in new listings, from its monthly holdings files.

How it is run

🔒 Pro

Turnover, what it bought and sold and when, how long it holds, size drift, cash and its record in new listings, from up to two years of monthly holdings files: in the app.

Which funds hold much the same?

The index it is nearest and the funds whose holdings overlap most.

not an index tracker

Nearest to the Nifty 50: 100% of it differs from the index (an active fund is usually above 60%).

Active share 100.0%60%

Funds that hold much the same

% of holdings in common

Kotak Ultra Short Term Fund24.1% the same

29 shared holdings

HSBC Money Market Fund16.6% the same

18 shared holdings

HSBC Ultra Short Term Fund10.6% the same

9 shared holdings

How much is in its sponsor's own group?

Holdings in companies of the fund house's sponsor group, beside the index.

Related-party exposure

🔒 Pro

How much of the fund is in companies of its sponsor's own group, beside what the index holds of them: in the app.

Questions people ask

Who manages Kotak Money Market Fund?

Deepak Agrawal (manager) since 1 Nov 2006; Manu Sharma (manager) since 1 Nov 2022.

What is the expense ratio of Kotak Money Market Fund?

0.16% a year on the direct plan and 0.37% on the regular plan (expense report, Oct 2026).

How has Kotak Money Market Fund done?

Its direct plan returned +7.38% a year over 3 years against +6.88% for its benchmark, CRISIL Money Market A-I Index, as of 13 Oct 2026.