Kotak Money Market Scheme - (Daily Reinvestment of Income Distribution cum capital withdrawal option) - Direct
Mutual Fund · Debt Scheme - Money Market Fund · As of 18 Oct 2026, 6:04 pm
Below-average risk-adjusted performance. Volatility here hasn't been well compensated by returns over the trailing period. Worth comparing directly against 2-3 category peers before deciding this is the right vehicle.
DalalBaazaar Score
58/ 100
Moderate
Weighted across five categories. Every point is explained below.
✗ Only 26% of three-year holding periods ended in profit — the trailing return flatters what most investors actually got
✗ The worst three-year stretch returned 0.0% a year
Investment Checklist
1 / 3 checks passed
✗ Decent risk-adjusted return (Sharpe ≥ 0.5)
✗ Volatility isn't extreme (< 25% annualized)
✓ Historical worst drawdown contained (better than -30%)
NAV history
Key Metrics
Latest NAV
₹1061.95
As of
17 Sept 2021
Fund History Available
8.7 yrs
Since-Inception Return (CAGR)
70.6%
Only 8.7 yrs of history available — no clean 1Y/3Y/5Y figure yet
Annualized Volatility
3190.1%
High volatility
Sharpe Ratio (est.)
0.32
Weak risk-adj. return
Max Drawdown
-0.8%
Contained
Category
Debt Scheme - Money Market Fund
Fund House
Kotak Mahindra Mutual Fund
Category Peer Comparison
Scheme
1Y Return
JM Money Market Fund (Direct) - Growth
—
DSP Money Market Fund - Direct Plan - Growth
6.5%
SBI Money Market Fund - Direct Plan - Growth
6.3%
HSBC Money Market Fund - Direct Plan - Growth
6.4%
SIP / Lumpsum Calculator
Total Invested
₹6,00,000
Estimated Maturity Value
₹30,91,763
Estimated Gain
₹24,91,763
Risk Flags
Estimated Sharpe ratio (0.32) is on the low side — returns aren't compensating well for volatility taken over the trailing year.
Watch Items
This fund doesn't have enough history yet for a reliable 1-year return — the since-inception figure above is annualized from a shorter period and should be treated as rougher.
Check the AMC's factsheet for portfolio holdings, expense ratio and exit load before investing.
