Kotak FMP Series 304 - 3119 Days
- NAV as on 24 Sep 2026
- ₹13.16-0.39%1 day
- Return since launch
- 7.9%
- 52-week range
- ₹12.66 — ₹13.38
- AUM
- ₹123 Cr
Kotak FMP Series 304 - 3119 Days is a FMP debt fund from Kotak Mahindra Mutual Fund with ₹123 Cr under management, launched in 2022. Over three years it has returned 6.2% a year, against 7.5% for its category. The expense ratio is 0.10% and the SEBI riskometer reading is Moderate.
Performance
Kotak FMP Series 304 - 3119 Days NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.9% against +5.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.2% | −0.8 pts | 3.9% | 5.5% |
| 2Y | 4.7% | 0.0 pts | 4.7% | 5.6% |
| 3Y | 6.2% | −1.3 pts | 7.5% | 5.9% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -1.4% | 0.0 pts | -1.4% | 0.4% |
| 3M | -0.6% | 0.0 pts | -0.6% | 1.3% |
| 6M | 2.5% | 0.0 pts | 2.5% | 2.8% |
| 1Y | 3.9% | 0.0 pts | 3.9% | 5.5% |
| 2Y | 6.0% | 0.0 pts | 6.0% | 5.9% |
| 3Y | 7.5% | 0.0 pts | 7.5% | 6.3% |
Since launch (27 Dec 2022): 7.9%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.9% | 0.0 pts | 7.9% |
| 2024 | 9.9% | +1.4 pts | 8.4% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.10%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.08%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.02%
- Exit load
- 0%
- Lock-in
- None
Terms
- Min SIP
- ₹-1
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- CLOSED-END
- Benchmark
- Nifty G-Sec July 2031
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Read as |
|---|---|---|
| Alpha | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.70 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.95 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.89 | How widely monthly returns have varied around their own average. Lower is steadier. |
Portfolio
Kotak FMP Series 304 - 3119 Days portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt97.8%
- Other2.2%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| GOI | Sovereign | 19.83% | ₹24.38 Cr | +30.12% | +30.12% | +30.10% |
| Others | Others | 2.16% | ₹2.66 Cr | +0.98% | +0.92% | +0.80% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 0.45% | 0.37% | -0.08% |
| GOI | 15.07% | 15.07% | 0.00% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate returns through investments in debt and money market instruments with a view to reduce the interest rate risk.
Fund managers
- Deepak AgrawalMr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.He has been associated with Kotak AMC since 2002.
- Manu SharmaMr. Sharma has done M.Com and CA.He has over 17 years of experience in fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.54% absolute | ₹60,000 | ₹61,524 | 2.54% | |
| 1 year3.93% annualised | ₹1,20,000 | ₹1,22,585 | 2.15% | |
| 3 years7.47% annualised | ₹3,60,000 | ₹4,04,636 | 12.40% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.