{"id":249252,"date":"2026-09-16T13:03:04","date_gmt":"2026-09-16T07:33:04","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/"},"modified":"2026-09-16T13:03:04","modified_gmt":"2026-09-16T07:33:04","slug":"kotak-floating-interest-rates-fund-direct-growth-review-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/","title":{"rendered":"Kotak Floating Interest Rates Fund Direct Growth Review 2026: NAV, Returns, Portfolio &#038; Should You Invest?"},"content":{"rendered":"<p><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-floating-interest-rates-fund-g-direct-plan\">Kotak Floating Interest Rates Fund Direct Growth Plan<\/a> has a NAV of \u20b91666.897 as of 15 Sep 2026 and an AUM of \u20b93,424 Cr. Its 1-year, 3-year and 5-year returns are 6.08%, 7.71% and 6.69%, and it sits in the Balanced Risk category.<\/p>\n<p>Our view is that this is a relatively steady debt fund with a moderate return profile and a portfolio that mixes corporate debt with government securities. It may suit investors who want debt exposure with some rate-sensitive positioning, while accepting that short-term returns can move around.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#Quick_facts\" title=\"Quick facts\">Quick facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#Performance\" title=\"Performance\">Performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#Should_you_BUY_or_HOLD_Kotak_Floating_Interest_Rates\" title=\"Should you BUY or HOLD Kotak Floating Interest Rates?\">Should you BUY or HOLD Kotak Floating Interest Rates?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#Peer_comparison\" title=\"Peer comparison\">Peer comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#Portfolio_where_your_money_goes\" title=\"Portfolio: where your money goes\">Portfolio: where your money goes<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#Who_should_invest\" title=\"Who should invest\">Who should invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#Tax_and_exit_load\" title=\"Tax and exit load\">Tax and exit load<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#Frequently_asked_questions\" title=\"Frequently asked questions\">Frequently asked questions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#Bottom_line\" title=\"Bottom line\">Bottom line<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#Explore_mutual_funds_with_Univest\" title=\"Explore mutual funds with Univest\">Explore mutual funds with Univest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/kotak-floating-interest-rates-fund-direct-growth-review-2026\/#RIA_disclosure\" title=\"RIA disclosure\">RIA disclosure<\/a><\/li><\/ul><\/nav><\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Quick_facts\"><\/span>Quick facts<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Particular<\/th>\n<th>Details<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>NAV<\/td>\n<td>\u20b91,666.897 as of 15 Sep 2026<\/td>\n<\/tr>\n<tr>\n<td>AUM<\/td>\n<td>\u20b93,424 Cr<\/td>\n<\/tr>\n<tr>\n<td>Expense Ratio<\/td>\n<td>0.26%<\/td>\n<\/tr>\n<tr>\n<td>Launch Date<\/td>\n<td>14 May 2019<\/td>\n<\/tr>\n<tr>\n<td>Min SIP<\/td>\n<td>\u20b9100<\/td>\n<\/tr>\n<tr>\n<td>Risk Category<\/td>\n<td>Balanced Risk<\/td>\n<\/tr>\n<tr>\n<td>Benchmark<\/td>\n<td>Nifty 50<\/td>\n<\/tr>\n<tr>\n<td>Fund Category<\/td>\n<td>Debt<\/td>\n<\/tr>\n<tr>\n<td>Exit Load<\/td>\n<td>No exit load<\/td>\n<\/tr>\n<tr>\n<td>Fund Managers<\/td>\n<td>Deepak Agrawal, Manu Sharma<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The fund is managed by Deepak Agrawal and Manu Sharma.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Performance\"><\/span>Performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Period<\/th>\n<th>Fund return<\/th>\n<th>Benchmark return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>1M<\/td>\n<td>0.07%<\/td>\n<td>-4.81%<\/td>\n<\/tr>\n<tr>\n<td>3M<\/td>\n<td>1.34%<\/td>\n<td>-3.63%<\/td>\n<\/tr>\n<tr>\n<td>1Y<\/td>\n<td>6.08%<\/td>\n<td>-8.27%<\/td>\n<\/tr>\n<tr>\n<td>3Y<\/td>\n<td>7.71%<\/td>\n<td>5.59%<\/td>\n<\/tr>\n<tr>\n<td>5Y<\/td>\n<td>6.69%<\/td>\n<td>5.58%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The recent pattern is constructive. Over 1 month and 3 months, the fund stayed slightly positive while the benchmark was negative, which points to a calmer path than the reference index in the latest period. That matters for investors who want debt allocation to behave more predictably when markets are choppy.<\/p>\n<p>Over 1 year, the fund\u2019s 6.08% return also contrasts with the benchmark\u2019s -8.27%. That is a wide gap, but it should be read alongside the broader debt-fund context rather than as a signal of equity-style outperformance. What stands out is that the fund has preserved a positive return pattern while the benchmark has gone through a weaker stretch.<\/p>\n<p>The longer track is steadier. The 3-year return at 7.71% is higher than the 5-year return at 6.69%, which suggests the more recent multi-year period has been better than the full five-year window. We also see a small amount of short-term movement in the time pattern, but not the kind of deep drawdown that would typically unsettle a lower-volatility debt allocation.<\/p>\n<p>Overall, the fund\u2019s behaviour looks more stable than the benchmark across every measured horizon. The return profile is not about dramatic jumps; it is about maintaining positive compounding while the benchmark has been weaker over the same periods.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<section class=\"univest-mf-premium-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;border:1px solid #d8e3f0;background:#f7faff\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Should_you_BUY_or_HOLD_Kotak_Floating_Interest_Rates\"><\/span>Should you BUY or HOLD Kotak Floating Interest Rates?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A fund&#8217;s past returns alone don&#8217;t tell you whether you should buy it today or continue holding it.<\/p>\n<p>The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.<\/p>\n<p><strong>Already holding Kotak Floating Interest Rates? Thinking of investing now?<\/strong><\/p>\n<p><a href=\"https:\/\/univest.in\/mutual-funds\" style=\"font-weight:700;text-decoration:none\">Get your portfolio analysed for FREE by SEBI-registered Investment Adviser (RIA) through Univest MF Premium<\/a><\/p>\n<\/section>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Peer_comparison\"><\/span>Peer comparison<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Fund<\/th>\n<th>1Y return<\/th>\n<th>3Y return<\/th>\n<th>5Y return<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/kotak-floating-interest-rates-fund-g-direct-plan\">Kotak Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>6.08%<\/td>\n<td>7.71%<\/td>\n<td>6.69%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/axis-floating-interest-rates-fund-g-direct-plan\">Axis Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>7.41%<\/td>\n<td>8.4%<\/td>\n<td>7.2%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/franklin-india-floating-interest-rates-fund-g-direct-plan\">Franklin India Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>6.75%<\/td>\n<td>8.03%<\/td>\n<td>7.17%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/bandhan-floating-interest-rates-fund-g-direct-plan\">Bandhan Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>6.75%<\/td>\n<td>7.82%<\/td>\n<td>6.76%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/icici-pru-floating-interest-rates-fund-g-direct-plan\">ICICI Pru Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>6.68%<\/td>\n<td>7.74%<\/td>\n<td>7.05%<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/univest.in\/mutual-funds\/tata-floating-interest-rates-fund-g-direct-plan\">Tata Floating Interest Rates Fund Direct Growth Plan<\/a><\/td>\n<td>6.68%<\/td>\n<td>7.5%<\/td>\n<td>6.76%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.<\/p>\n<p>The fund trails the strongest peer 1-year figure in this set, but the gap is not extreme and it remains in the same broad return band as several peers. Its 3-year and 5-year returns sit below the better long-term figures in the group, though the differences are modest enough to suggest a competitive rather than clearly dominant multi-year profile.<\/p>\n<p>What matters most is the split between short-term steadiness and longer-term context. The fund has held up well against the benchmark, yet some peers have delivered a slightly higher compounding pace over 3 and 5 years. That gives investors a more balanced comparison: the fund has been dependable, but the peer set shows that there are rivals with somewhat stronger long-run return numbers.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<div class=\"univest-peer-login-cta\" style=\"margin:20px 0;padding:16px 18px;border:1px solid #d8e3f0;border-radius:8px;background:#f7faff\">\n<p style=\"margin:0\"><strong>Want to know more?<\/strong> <a href=\"https:\/\/univest.in\/user\/log-in\" style=\"font-weight:700;text-decoration:none\">Log in to Univest<\/a> for more mutual fund insights.<\/p>\n<\/div>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Portfolio_where_your_money_goes\"><\/span>Portfolio: where your money goes<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding<\/th>\n<th>Sector<\/th>\n<th>Weight<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>6.92% Power Finance Corporation Ltd.(^)**<\/td>\n<td>Corporate Debt<\/td>\n<td>5.79%<\/td>\n<\/tr>\n<tr>\n<td>7.19% Karnataka State Govt &#8211; 2032 &#8211; Karnataka(^)<\/td>\n<td>Government Securities<\/td>\n<td>5.66%<\/td>\n<\/tr>\n<tr>\n<td>7.31% Tamil Nadu State Govt &#8211; 2033 &#8211; Tamil Nadu(^)<\/td>\n<td>Government Securities<\/td>\n<td>5.32%<\/td>\n<\/tr>\n<tr>\n<td>6.95% REC Ltd(^)**<\/td>\n<td>Corporate Debt<\/td>\n<td>5.07%<\/td>\n<\/tr>\n<tr>\n<td>7.96% Pipeline Infrastructure Limited(^)**<\/td>\n<td>Corporate Debt<\/td>\n<td>4.84%<\/td>\n<\/tr>\n<tr>\n<td>Jubilant Bevco Limited ( Axis Trustee Services Limitedstep Up Or Down 25 BPS for Every Rating Chang) (^)**<\/td>\n<td>Corporate Debt<\/td>\n<td>3.26%<\/td>\n<\/tr>\n<tr>\n<td>JTPM Metal Traders Pvt Ltd ( Catalyst Trusteeship Limite) (^)**<\/td>\n<td>Corporate Debt<\/td>\n<td>3.15%<\/td>\n<\/tr>\n<tr>\n<td>8.05% Tata Capital Housing Finance Ltd.(^)**<\/td>\n<td>Corporate Debt<\/td>\n<td>2.93%<\/td>\n<\/tr>\n<tr>\n<td>7.86% Tata Capital Housing Finance Ltd.(^)**<\/td>\n<td>Corporate Debt<\/td>\n<td>2.91%<\/td>\n<\/tr>\n<tr>\n<td>8.45% Muthoot Finance Ltd.(^)**<\/td>\n<td>Corporate Debt<\/td>\n<td>2.9%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The top 10 holdings account for approximately 41.83% of the portfolio.<\/p>\n<p>To see all holdings, visit the <a href=\"https:\/\/univest.in\/mutual-funds\/kotak-floating-interest-rates-fund-g-direct-plan\">Kotak Floating Interest Rates Fund Direct Growth Plan<\/a> page<\/p>\n<p>The largest holding is 5.79%, which is not oversized on its own, but it is large enough to matter at the margin. The next few positions are close behind, so the weight drop from first to tenth is gradual rather than sharp, moving from 5.79% to 2.9%.<\/p>\n<p>That pattern suggests the portfolio is not concentrated in a single dominant line item. Instead, the displayed holdings spread influence across a handful of corporate debt and government security positions, while the 41.83% combined weight of the top 10 indicates meaningful but not overwhelming concentration within the disclosed core.<\/p>\n<p>With 44 disclosed holdings, the fund appears to keep a reasonably long tail beyond the visible top positions. That may help reduce dependence on any one issuer, while still leaving the largest holdings likely to have greater influence on the fund\u2019s return pattern and rate sensitivity.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Who_should_invest\"><\/span>Who should invest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This fund may suit investors who are comfortable with a Balanced Risk debt allocation and who want a medium-term holding period rather than a quick tactical parking place. The 1-year, 3-year and 5-year returns show a fairly stable compounding pattern, and the benchmark comparison shows that the fund has held up better than the reference index across the measured horizons.<\/p>\n<p>The main trade-off is that the portfolio is not a pure ultra-short or capital-protected style allocation. Investors may accept some movement in returns in exchange for exposure to a mix of corporate debt and government securities, with the possibility of steadier relative behaviour than the benchmark during weaker market phases. That makes the fund more relevant for investors who value consistency and debt-oriented compounding over headline excitement.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Tax_and_exit_load\"><\/span>Tax and exit load<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Holding period<\/th>\n<th>Tax rate<\/th>\n<th>Description<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Units held less than 1 year<\/td>\n<td>20%<\/td>\n<td>Short-term capital gains tax<\/td>\n<\/tr>\n<tr>\n<td>Units held more than 1 year<\/td>\n<td>12.5%<\/td>\n<td>Long-term capital gains tax<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong>Exit load:<\/strong> No exit load.<\/p>\n<p class=\"mf-source-date\"><small>Source data date: as of 15 Sep 2026<\/small><\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Frequently_asked_questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>What is the current NAV of Kotak Floating Interest Rates Fund Direct Growth Plan?<\/strong><br \/>The NAV is \u20b91666.897 as of 15 Sep 2026.<\/p>\n<p><strong>What are the fund\u2019s 1-year, 3-year and 5-year returns?<\/strong><br \/>The returns are 6.08% for 1 year, 7.71% for 3 years and 6.69% for 5 years.<\/p>\n<p><strong>How has the fund performed against its benchmark?<\/strong><br \/>It has been ahead of the benchmark across all the measured periods. The benchmark shows -4.81% for 1 month, -3.63% for 3 months and -8.27% for 1 year, while the fund stayed positive.<\/p>\n<p><strong>How does it compare with the peer set on returns?<\/strong><br \/>Its return profile is broadly competitive, but some peers have slightly higher 1-year, 3-year and 5-year figures. The fund still sits close to the group\u2019s stronger return bands rather than far away from them.<\/p>\n<p><strong>Is there a minimum SIP amount?<\/strong><br \/>Yes. The minimum SIP amount is \u20b9100.<\/p>\n<p><strong>Who manages the fund and what is the exit load?<\/strong><br \/>The fund is managed by Deepak Agrawal and Manu Sharma. The exit load is nil, so there is no exit load on redemption.<\/p>\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Bottom_line\"><\/span>Bottom line<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Kotak Floating Interest Rates Fund Direct Growth Plan has shown a steadier return path than its benchmark, especially in the most recent 1-month, 3-month and 1-year windows. Its longer-term numbers are also respectable, though a few peers have a slightly stronger 3-year and 5-year pace. The portfolio mixes corporate debt and government securities, and the top holdings are spread enough to avoid one overwhelming position. Overall, it looks suitable for investors who want a debt fund with balanced risk and moderate, steady compounding rather than aggressive return chasing.<\/p>\n<p class=\"univest-posted-at\" style=\"font-size:14px;color:#666;margin:20px 0 8px\">Published on 16 September 2026 at 1:02 PM IST<\/p>\n<section class=\"univest-login-cta\" style=\"margin:28px 0;padding:24px;border-radius:10px;background:#eef5ff;border:1px solid #cddff7;text-align:center\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"Explore_mutual_funds_with_Univest\"><\/span>Explore mutual funds with Univest<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Review mutual fund data, compare performance and explore fund insights on Univest.<\/p>\n<p><a href=\"https:\/\/univest.in\/user\/log-in\" style=\"display:inline-block;padding:11px 20px;border-radius:6px;background:#1f4e79;color:#fff !important;text-decoration:none;font-weight:700\">Explore Univest<\/a><\/p>\n<\/section>\n<section class=\"univest-disclaimer\">\n<h2 style=\"font-weight:700\"><span class=\"ez-toc-section\" id=\"RIA_disclosure\"><\/span>RIA disclosure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.<\/p>\n<\/section>\n<p><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"InvestmentFund\",\"name\":\"Kotak Floating Interest Rates Fund Direct Growth Plan\",\"identifier\":\"kotak-floating-interest-rates-fund-g-direct-plan\",\"category\":\"Debt\",\"dateCreated\":\"14 May 2019\",\"isAccessibleForFree\":true,\"additionalProperty\":[{\"@type\":\"PropertyValue\",\"name\":\"NAV\",\"value\":1666.897,\"valueReference\":\"as of 15 Sep 2026\"},{\"@type\":\"PropertyValue\",\"name\":\"AUM\",\"value\":\"3424 Cr\"},{\"@type\":\"PropertyValue\",\"name\":\"Expense Ratio\",\"value\":\"0.26\"},{\"@type\":\"PropertyValue\",\"name\":\"Benchmark\",\"value\":\"Nifty 50\"},{\"@type\":\"PropertyValue\",\"name\":\"1Y Return\",\"value\":6.08},{\"@type\":\"PropertyValue\",\"name\":\"3Y Return\",\"value\":7.71},{\"@type\":\"PropertyValue\",\"name\":\"5Y Return\",\"value\":6.69},{\"@type\":\"PropertyValue\",\"name\":\"Fund Managers\",\"value\":\"Deepak Agrawal, Manu Sharma\"}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the current NAV of Kotak Floating Interest Rates Fund Direct Growth Plan?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The NAV is \u20b91666.897 as of 15 Sep 2026.\"}},{\"@type\":\"Question\",\"name\":\"What are the fund\u2019s 1-year, 3-year and 5-year returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The returns are 6.08% for 1 year, 7.71% for 3 years and 6.69% for 5 years.\"}},{\"@type\":\"Question\",\"name\":\"How has the fund performed against its benchmark?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"It has been ahead of the benchmark across all the measured periods. The benchmark shows -4.81% for 1 month, -3.63% for 3 months and -8.27% for 1 year, while the fund stayed positive.\"}},{\"@type\":\"Question\",\"name\":\"How does it compare with the peer set on returns?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Its return profile is broadly competitive, but some peers have slightly higher 1-year, 3-year and 5-year figures. The fund still sits close to the group\u2019s stronger return bands rather than far away from them.\"}},{\"@type\":\"Question\",\"name\":\"Is there a minimum SIP amount?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Yes. The minimum SIP amount is \u20b9100.\"}},{\"@type\":\"Question\",\"name\":\"Who manages the fund and what is the exit load?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The fund is managed by Deepak Agrawal and Manu Sharma. The exit load is nil, so there is no exit load on redemption.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Organization\",\"name\":\"Uniapps Investment Adviser Pvt. Ltd.\",\"description\":\"SEBI Registered Investment Adviser INA000017639\"}<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kotak Floating Interest Rates Fund Direct Growth Plan has a NAV of \u20b91666.897 as of 15 Sep 2026, AUM of \u20b93,424 Cr, and 1Y\/3Y\/5Y returns of 6.08%\/7.71%\/6.69%.<\/p>\n","protected":false},"author":38,"featured_media":249251,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3841],"tags":[],"class_list":["post-249252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mutual-funds"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["249251"],"rank_math_title":["Kotak Floating Interest Rates Fund Review 2026"],"rank_math_description":["Kotak Floating Interest Rates Fund Direct Growth Plan NAV is \u20b91666.897; 1Y return is 6.08%. Read the 2026 review."],"rank_math_focus_keyword":["Kotak Floating Interest Rates Fund Direct Growth Plan review"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/09\/Kotak_Floating_Interest_Rates_Fund_Direct_Growth_Review_2026_NAV_Returns_Portfolio_Should_You_Invest_neutral-1.png","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=249252"}],"version-history":[{"count":0,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/249252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/249251"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=249252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=249252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=249252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}