Kotak Medium to Long Term Fund
- NAV as on 24 Sep 2026
- ₹79.70-0.34%1 day
- Return since launch
- 8.0%
- 52-week range
- ₹76.74 — ₹80.68
- AUM
- ₹1,784 Cr
Kotak Medium to Long Term Fund is a Medium to Long Duration debt fund from Kotak Mahindra Mutual Fund with ₹1,784 Cr under management, launched in 1999. Over three years it has returned 4.9% a year, against 5.9% for its category. The expense ratio is 1.65% and the SEBI riskometer reading is Moderate.
Performance
Kotak Medium to Long Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.6% against +3.5% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.6% | +0.1 pts | 3.5% | 3.6% |
| 2Y | 3.9% | 0.0 pts | 3.9% | 4.0% |
| 3Y | 4.9% | −1.0 pts | 5.9% | 5.0% |
| 5Y | 5.5% | +0.3 pts | 5.1% | 5.4% |
| 7Y | 5.4% | 0.0 pts | 5.4% | 5.3% |
| 10Y | 5.8% | +0.2 pts | 5.5% | 5.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.7% | −0.3 pts | -0.4% | -0.4% |
| 3M | 0.0% | −0.1 pts | 0.1% | 0.1% |
| 6M | 3.1% | +0.4 pts | 2.7% | 2.8% |
| 1Y | 3.6% | 0.0 pts | 3.5% | 3.5% |
| 2Y | 4.4% | −0.2 pts | 4.6% | 4.5% |
| 3Y | 5.9% | +0.1 pts | 5.9% | 5.9% |
| 5Y | 5.0% | −0.2 pts | 5.1% | 4.9% |
| 7Y | 5.9% | +0.3 pts | 5.6% | 5.6% |
| 10Y | 5.7% | +0.2 pts | 5.5% | 5.7% |
Since launch (18 Oct 1999): 8.0%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.4% | −0.9 pts | 6.3% |
| 2024 | 8.1% | −0.9 pts | 9.0% |
| 2023 | 6.8% | −0.5 pts | 7.3% |
| 2022 | 1.7% | −1.6 pts | 3.4% |
| 2021 | 2.4% | −1.1 pts | 3.5% |
| 2020 | 12.3% | +1.4 pts | 10.8% |
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
1.65%
Expense ratio as on 22 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.40%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.25%
- Exit load
- Exit load of 0.20% if redeemed within 3 months
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Medium to Long Duration Debt A-III Index
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 | Category avg | 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 | 0.13 | 0.20 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.18 | 0.28 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.86 | 2.59 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Kotak Medium to Long Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt82.1%
- Other17.9%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| GOI | Sovereign | 16.39% | ₹292 Cr | +1.51% | +9.58% | +5.20% |
| Others | Others | 12.81% | ₹228 Cr | +1.01% | +0.96% | +0.87% |
| National Housing Bank | Financial | 7.61% | ₹136 Cr | +0.19% | +0.18% | +0.17% |
| Small Industries Devp. Bank of India Ltd. | Financial | 6.98% | ₹125 Cr | +2.76% | +2.64% | +2.46% |
| Capital Infra Trust | Construction | 4.51% | ₹80.46 Cr | +4.07% | +3.84% | — |
| Bihar State | Others | 4.43% | ₹79.08 Cr | +4.34% | +4.20% | — |
| Siddhivinayak Securitisation Trust | Others | 4.11% | ₹73.27 Cr | +4.04% | +3.93% | — |
| Shivshakti Securitisation Trust | Others | 4.08% | ₹72.88 Cr | +4.03% | +3.93% | — |
| Power Finance Corporation Ltd. | Financial | 3.38% | ₹60.32 Cr | +5.54% | +5.36% | +5.02% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1.40% | ₹24.95 Cr | +1.37% | +1.32% | +1.23% |
| Karnataka State | Others | 1.39% | ₹24.77 Cr | +0.54% | +0.53% | — |
| National Bank For Agriculture & Rural Development | Financial | 1.38% | ₹24.55 Cr | +5.25% | +4.93% | +1.48% |
| REC Ltd. | Financial | 1.35% | ₹23.98 Cr | +0.66% | +0.64% | +0.60% |
| Indus Infra Trust | Construction | 0.48% | ₹8.55 Cr | +0.44% | +0.42% | +0.35% |
| Raajmarg Infra Investment Trust | Construction | 0.45% | ₹8.10 Cr | +0.41% | — | — |
| LIC Housing Finance Ltd. | Financial | 0.20% | ₹3.50 Cr | +0.11% | +0.11% | — |
| Bajaj Housing Finance Ltd. | Financial | 0.11% | ₹2.00 Cr | +0.11% | +0.11% | +0.10% |
| Maharashtra State | Others | 0.11% | ₹2.02 Cr | +0.11% | +0.11% | +1.00% |
| West Bengal State | Others | 0.11% | ₹2.02 Cr | +0.11% | +0.11% | +0.10% |
| Andhra Pradesh State | Financial | 0.00% | ₹0.00 Cr | +3.95% | 0.00% | 0.00% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| GOI | 0.75% | 16.39% | +15.64% |
| Tamilnadu State | 4.74% | 0.00% | -4.74% |
| Capital Infra Trust | 4.32% | 4.51% | +0.19% |
| LIC Housing Finance Ltd. | 0.11% | 0.20% | +0.09% |
| National Housing Bank | 7.65% | 7.61% | -0.04% |
| Bihar State | 4.46% | 4.43% | -0.03% |
| Power Finance Corporation Ltd. | 2.84% | 2.82% | -0.02% |
| Raajmarg Infra Investment Trust | 0.43% | 0.45% | +0.02% |
| Siddhivinayak Securitisation Trust | 4.10% | 4.11% | +0.01% |
| Indus Infra Trust | 0.47% | 0.48% | +0.01% |
| Mahindra & Mahindra Financial Services Ltd. | 1.39% | 1.40% | +0.01% |
| Others | 0.34% | 0.35% | +0.01% |
| National Bank For Agriculture & Rural Development | 1.37% | 1.38% | +0.01% |
| Andhra Pradesh State | 0.00% | 0.00% | 0.00% |
| Bajaj Housing Finance Ltd. | 0.11% | 0.11% | 0.00% |
| Karnataka State | 1.39% | 1.39% | 0.00% |
| Maharashtra State | 0.11% | 0.11% | 0.00% |
| REC Ltd. | 0.34% | 0.34% | 0.00% |
| Shivshakti Securitisation Trust | 4.08% | 4.08% | 0.00% |
| Small Industries Devp. Bank of India Ltd. | 1.40% | 1.40% | 0.00% |
| West Bengal State | 0.11% | 0.11% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹948 Cr | 1.19% | 4.3% | 5.4% | 5.8% |
 ICICI Prudential Medium to Long Term Fund | ₹2,048 Cr | 1.00% | 3.9% | 5.6% | 6.2% |
 SBI Medium to Long Term Fund | ₹2,046 Cr | 1.48% | 3.8% | 5.2% | 5.8% |
 Bandhan Medium to Long Term Fund | ₹429 Cr | 2.01% | 5.3% | 5.2% | 5.3% |
 LIC MF Medium to Long Term Fund | ₹175 Cr | 0.62% | 4.4% | 5.6% | 6.0% |
 Franklin India Medium to Long Term Fund | ₹42.36 Cr | 0.85% | 4.0% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme aims to create a portfolio of debt instruments of different maturities so as to spread the risk across a wide maturity horizon and different kind of issuers in the debt market. The wholesale plan is targeted at big ticket investors and corporate.
Fund managers
- Abhishek BisenMr. Bisen is a BA and MBA in Finance.Prior to joining Kotak AMC, he was working with Securities Trading Corporation Of India Ltd where he was looking at Sales & Trading of Fixed Income Products apart from doing Portfolio Advisory. His earlier assignments also include 2 years of merchant banking experience with a leading merchant banking firm.
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 months3.09% absolute | ₹60,000 | ₹61,854 | 3.09% | |
| 1 year3.56% annualised | ₹1,20,000 | ₹1,22,339 | 1.95% | |
| 3 years5.94% annualised | ₹3,60,000 | ₹3,94,954 | 9.71% | |
| 5 years4.95% annualised | ₹6,00,000 | ₹6,81,996 | 13.67% |
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.