Get a free quote
Scan the QR Code to download the ET Money app
- To scan the QR code you can use a QR code scanner app or your smartphone camera using Google lens.
- After downloading the app, explore our products to help you live your choices.
Mutual Funds
Genius
Insurance
Calculators
Great! You have sucessfully subscribed for newsletters for investments
Subscribed email:
Kotak Mutual Fund
- AUM ₹3,12,371 Crs
- No. of schemes 50
- AMC Age 29 yrs
About Kotak Mahindra Mutual Fund
Kotak Mutual Fund is a wholly owned subsidiary of Kotak Mahindra Bank Limited. It was registered with SEBI in June 1998. The fund house has a large investor base of over 8.1 million. Based on its quarterly AUM as of Mar 2022, the fund house ranked the 5th largest amongst all fund houses.
The fund house has an Asset Under Management (AUM) of Rs285987 crores as of Feb 28, 2023.
- Kotak Mutual Fund has over 114 mutual fund schemes for investors to choose from.
- Out of these, 30 are equity schemes, 70 are debt schemes, and 5 are hybrid schemes. The others, including commodity schemes, account for the remaining 9.
- Kotak Mutual Fund holds 6.94% of the industry AUM.
- Some of the schemes with the highest AUM from Kotak Mutual Fund are Kotak Liquid Fund, Kotak Flexicap Fund, and Kotak Equity Arbitrage Fund as of 14th April 2023.
Top Kotak Mahindra Mutual Funds
View All Funds
Fund Size
₹1,049 Crs
5 Yrs Return
28.06% p.a.
ETM Rank
#1 of 19 in Sectoral-Infrastructure
Fund Size
₹31,389 Crs
5 Yrs Return
24.9% p.a.
ETM Rank
#2 of 22 in Mid Cap
Fund Size
₹14,655 Crs
5 Yrs Return
20.63% p.a.
ETM Rank
#4 of 20 in Large & MidCap
Fund Size
₹1,073 Crs
5 Yrs Return
19.98% p.a.
ETM Rank
Unranked
Fund Size
₹4,050 Crs
5 Yrs Return
17.99% p.a.
ETM Rank
#2 of 25 in Aggressive Hybrid
Fund Size
₹1,950 Crs
5 Yrs Return
11.77% p.a.
ETM Rank
#3 of 18 in Conservative Hybrid
Fund Size
₹2,730 Crs
5 Yrs Return
11.17% p.a.
ETM Rank
#3 of 16 in Equity Savings
Fund Size
₹2,545 Crs
3 Yrs Return
5.49% p.a.
ETM Rank
#3 of 19 in Dynamic Bond
Fund Size
₹1,759 Crs
3 Yrs Return
5.48% p.a.
ETM Rank
#7 of 12 in Medium to Long Duration
Fund Size
₹6,343 Crs
3 Yrs Return
5.66% p.a.
ETM Rank
#3 of 17 in Banking and PSU
Fund Size
₹2,023 Crs
3 Yrs Return
5.83% p.a.
ETM Rank
#7 of 13 in Medium Duration
Kotak Mahindra Mutual Funds Returns Calculator
See what your investment would have yielded in
Invested ₹ 6 Lakh
Profit ₹ 3.33 Lakh
₹ 9.33 Lakh
This fund has generated an XIRR of 29.74% over the past 5 Years
SIP Calculator
Mutual Fund Calculator
Lumpsum CalculatorKey Information
| Mutual Fund Name | Kotak Mahindra Mutual Fund |
| Founded | Aug 05, 1994 |
| Trustee Organisation | Kotak Mahindra Trustee Company Ltd |
| MD and CEO | Nilesh Shah |
| Compliance Officer | Sushma Mata |
Documents required to invest in Kotak Mahindra Mutual Fund
The documents for KYC (Know Your Client) include proof of address and proof of identity. Here is a list of officially valid documents (OVD) admissible.
PROOF OF IDENTITY
- PAN Card (Mandatory)
- Voter ID Card
- Driving License
- Passport
- Aadhaar Card
- Any other valid identity card issued by Central or State Government
PROOF OF ADDRESS
- Voter ID Card
- Driving License
- Passport
- Ration Card
- Aadhaar Card
- Bank account statement or bank passbook
- Utility bills like electricity or gas bills
While these are some of the standard document list, submitting all of these documents is a tedious process and can procrastinate your plan of investing. This is where ET Money offers you a paperless and fast solution.
You can submit your KYC in under two minutes by uploading the photos of your identity and address proofs. This includes PAN and any one of Aadhaar, Voter ID, Driving License & Passport along with your signature, a selfie and a live video, authenticating your identity. ET Money's quick KYC application makes investing easy and hassle-free.
It takes about 3-5 working days to get your KYC verified as the verification is done by government certified agencies.
How to Invest in schemes of Kotak Mutual Fund?
You have three ways to invest in Kotak Mutual Fund schemes:
1. Through the Kotak Mutual Fund's Website,
2. Through a distributor,
3. Through the ET Money platform.
To invest in Kotak Mutual Fund's schemes through the company website, log in using your unique id and password. If you are a new investor, register yourself on the Kotak Mutual Fund's website using the required KYC documents. However, if you plan to invest in various mutual fund schemes from multiple fund houses, doing so through their respective websites can be tedious, as you will have too many accounts to handle.
Now, if you want to invest in Kotak Mutual Fund's schemes through a distributor, you may find all your investments in one place, but you will end up paying a higher expense ratio. This is because the distributors charge a commission on your investments, and eventually, this reduces the overall returns from your investment.
So, the simplest and most cost-effective method to invest in Kotak Mutual Fund's schemes (or any other) is through the ET Money platform. Once you register and obtain your unique login credentials, you can invest in various mutual fund schemes and track all your investments in one place.
Also, since ET Money is a direct investment platform, you won't incur any additional brokerage charges. To top it all, you will find many useful details, such as a fund's past performance, returns consistency, fund history, expense ratio and exit load on the platform.
How to invest in Kotak Mutual Fund schemes via ET Money
- Sign up using email and OTP.
- Select fund. Enter the investment amount. Choose the investment type: one-time (Lumpsum) or SIP.
- Enter PAN, full name and verify mobile number.
- Enter bank account details and select payment mode. In the case of SIP, set up a mandate.
- Follow the KYC process, which includes a selfie and a live video. Provide essential details and eSign.
- The transaction is processed on verification of KYC documents.
Customer Care Details
For any query regarding any schemes offered by Kotak Mahindra Mutual Fund, please contact at the following address:
| Registered Address | The Capital Building, , Behind ICICI Bank, G Block BKC, Bandra Kurla Complex, Bandra (E), Mumbai - 400051. Branch Timing (9 am - 6 pm) |
| Call us at | 022-61152100 / 1800-22-2626 |
| N.A. |
Top Kotak Mahindra Fund Managers
Ms. Lakshmi Iyer: CIO (Debt) & Head Product
She has experience of 21 years in the securities markets. She joined with the organisation in 1999 and has been managing fund performance across all debt funds and assisting sales in client interaction. Prior to Kotak, Ms Lakshmi worked with Credence Analytics Pvt Ltd, as a research analyst where she was tracking corporate bond markets in India and generating research reports.
Mr. Harsha Upadhyaya: CIO - Equity
He heads the equity desk at Kotak Asset management company and also manages the fund such as Kotak Standard Multicap fund, Kotak Equity opportunities funds and Kotak tax saver fund. He has previously worked with DSP BlackRock, UTI Asset Management, Reliance Group and SG Asia Securities. Mr. Upadhyaya is a Bachelor of Engineering from the National Institute of Technology, Surtkal, and a Post Graduate Diploma in Management in Finance from Indian Institute of Management of Lucknow and a CFA from the CFA Institute of US.
Mr. Pankaj Tibrewal: Equity Fund Manager
Mr. Pankaj Tirewal manages schemes such as Kotak Emerging Equity, Kotak Small cap, and Kotak Equity Hybrid fund at Kotak AMC. Mr. Tibrewal had been with Principal Mutual Fund before joining Kotak Mutual funds and there too he had managed the Principal Emerging Bluechip Fund and Principal Tax saver.
He is one fund manager whose name has reflected among the top 10 Fund Managers of India for consecutive 3 years as per the Outlook Business from 2016 to 2019 and also came within the Top 10 Fund Managers as per the Economic Times (Morning Star) in 2016 and 2017.
Frequently Asked Questions
Are Kotak Mutual Fund's schemes safe to invest in?
As a company, Kotak Mutual Fund is one of the largest AMCs in India. But, as far as safety is concerned, it will depend on how you define it. Since mutual funds are market-linked investments, no AMC can guarantee the safety of capital. What you can do is evaluate carefully and choose a fund that suits your requirement.
Which Kotak Mutual Fund's scheme is the best for the short-term?
An investment tenure of up to three years is generally referred to as ?short term?. For such a span of investment, debt funds are the best option. However, when investing in debt funds, make sure to match your investment horizon with the average portfolio maturity of the fund. For example, overnight funds are ideal for an investment for a few days. For investment up to three months, liquid funds are suitable. Low-duration funds have an average maturity span ranging between six and 12 months, and short-duration funds mature between one and three years.
Are Kotak Mutual Fund's schemes tax-free?
Returns from mutual funds are taxed as per short-term and long-term capital gains. It depends on the type of mutual fund and your investment period. The table below depicts the taxation rates for returns from mutual fund schemes:
Mutual fund type | Holding period | Type of capital gains tax | Tax liability |
Debt-oriented funds | Less than 36 months | Short-term capital gains | As per the investor's income tax slab rate |
Equity-oriented funds | Less than 12 months | Short-term capital gains | 15% |
Debt-oriented funds | Greater than 36 months | Long-term capital gains | 20% with indexation |
Equity-oriented funds | Greater than 12 months | Long-term capital gains | 10% for amount exceeding Rs. 1 Lakh |
When you invest in mutual funds, returns are taxed according to the type of scheme and investment period.
How can I cancel the ongoing SIP in a Kotak Mutual Fund's scheme?
If you wish to discontinue your ongoing SIP with any Kotak Mutual Fund?s scheme, you must visit the mutual fund?s official website or the online investing portal you used to create the SIP mandate. Log in to your account and select the investment you wish to cancel. Follow the instructions to stop the SIP. You can also visit the AMC branch and submit a request to discontinue the SIP.
- On the ET Money app or website, click on the profile icon and select the SIPs/MySIP option.
- In this section, you will see all the ongoing SIPs.
- Click on any SIP to open a detailed view.
- On the top right corner, click the three dots, which will take you to the Modify SIP screen.
- You will see the "Cancel this SIP" option below.
- Once you click it, you will receive an OTP.
- On entering the correct OTP, SIP will be cancelled.
How can I get the Kotak Mutual Fund statement?
One option is to log in to Kotak Mutual Fund's website and request a statement. You can also go to CAMS Online or Kfintech and request a consolidated statement by email.
A better option is to get a statement on ET Money. Once you request a statement on ET Money, the platform creates a customised dashboard for you. You can check your entire portfolio by logging onto ET Money whenever you wish.
On the website, hover on the profile icon on the top right after signing up. Select the option "Track external mutual funds". Complete the process, and you can see your portfolio on the ET Money platform. This is a one-time process. Every time you want to track or check your portfolio, log onto ET Money, which will display a dashboard showing your entire portfolio and its performance.
To access on app, click the following link after logging in: https://etmoney.onelink.me/unJQ/oq97j0iz
How can I increase the SIP amount of a Kotak Mutual Fund scheme?
There are two ways to do this. The first option is to choose the top-up SIP option right when you start your investments. This lets you automatically increase the SIP amount by a predefined percentage (say 25%) or amount (say Rs 2,000) at regular intervals, like quarterly or annually. The other option is to start a new SIP in the same fund to increase the investment amount.
Disclaimer: Data Sources include ACE MF, AMFI and Fund House's website.
Sources:
