Kotak Floating Interest Rates Fund

Regular plan – Growth

Other options

The page shows the Growth option. The Regular plan’s other options have their own codes.

Option	AMFI code	ISIN
Growth (this page)	147266	INF174KA1DY6
IDCW	147265	INF174KA1EB2, INF174KA1EA4

Floating Interest Rates Fund Kotak Mahindra Mutual Fund

Open-ended. Launched on 14 May 2019.

NAVNAV Net asset value: the value of one unit of the scheme, which the fund house works out at the end of each business day.: Data delayed
AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.: ₹3,240 cr; 30 Sep 2026
SIP fromSIP Systematic investment plan: a fixed sum put into the scheme at regular intervals, usually every month.: ₹100; a month
BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.: NIFTY Short Duration Debt Index A-II; as the SID names it
Riskometer: Moderate; read by Felix on 28 Oct 2026

Read SID/KIM on AMC site

The SID and KIM are the final reference for every fact on this page.

Find a mutual fund distributor

Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission

The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.

Assets: the fund house’s month-end disclosure of 30 Sep 2026. Minimums: fund house documents, as read by Felix on 28 Oct 2026. Benchmark: the SID.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

1 change in the last 12 months: SEBI renamed its category from Floater Fund to Floating Interest Rates Fund, 26 Feb 2026. See what changed

What it is

SEBI’s rule for a Floating Interest Rates Fund: at least 65% in floating-rate instruments, counting fixed-rate ones swapped to a floating rate. Source: SEBI

What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.

Debtallowed 65% to 100%

Money marketallowed 0% to 35%

Source: the SID’s asset allocation, from fund house disclosures.

Potential risk class (PRC)

PRC Potential risk class: the most interest-rate risk and credit risk a debt scheme may take, on SEBI’s three-by-three grid, as its SID states it.as the SID states it

The most risk the scheme may take: interest-rate risk in rows, credit risk in columns. This scheme: B-III.
Interest-rate risk	Credit risk relatively low (A)	Moderate (B)	Relatively high (C)
Relatively low (I)
Moderate (II)
Relatively high (III)		B-III

Riskometer

The risk of the scheme is Moderate

As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, Kotak Mahindra Mutual Fund

Low
Low to Moderate
Moderate
Moderately High
High
Very High

Benchmark: NIFTY Short Duration Debt Index A-II. Its riskometer is published monthly by the fund house: Riskometer disclosures, Kotak Mahindra Mutual Fund

Source: fund houses’ disclosures.

Who runs it

Deepak Agrawalsince 9 May 2019
Fund manager
7 years 5 months
Also manages Kotak Banking and PSU Debt Fund, Kotak Corporate Bond Fund, Kotak Credit Risk Fund, Kotak Dynamic Term Fund, Kotak Liquid Fund, Kotak Medium Term Fund, Kotak Money Market Fund, Kotak Overnight Fund, Kotak Short Term Fund, Kotak Ultra Short Term Fund, Kotak Ultra Short to Short Term Fund
Manu Sharmasince 1 Nov 2022
Fund manager
3 years 11 months
Also manages Kotak Corporate Bond Fund, Kotak CRISIL-IBX Financial Services 3-6 Months Debt Index Fund, Kotak CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund, Kotak Money Market Fund, Kotak Ultra Short Term Fund

Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.

Codes and identity

from the SID and AMFI

Fund house: Kotak Mahindra Mutual Fund
SEBI category: Floating Interest Rates Fund
Plan and option: Regular plan – Growth
Structure: Open-ended
Launched: 14 May 2019
AMFI code, Growth: 147266
ISIN, Growth: INF174KA1DY6
Registrar: CAMS
Fund house website: kotakmf.com ↗

Kotak Mahindra Mutual Fund

Kotak Mahindra Mutual Fund runs 99 schemes in their Regular plan: 27 equity, 15 debt, 6 hybrid, 37 index funds and ETFs, 14 other.

19 fund managers, in their current schemes for 3 years 7 months on average.

15 schemes launched in the last 12 months.

Source: fund houses’ disclosures, as of 28 Oct 2026.

Buying and selling

SIP from: ₹100, as the KIM states it
Entry load: Nil, since 1 Aug 2009
Stamp duty: 0.005% of the amount invested, since 1 Jul 2020
Applicable NAV: That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
Redemption money: Within 3 working days of the redemption request

Sources: the scheme’s KIM for the minimums; SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.

The category: Floating Interest Rates Fund

All 12 schemes

12 schemes in their Regular plan, from 12 fund houses.

Schemes 3 to 12 of 12, A to Z; this scheme is marked.Schemes 6 to 10 of 12, A to Z; this scheme is marked.

Schemes in this category, A to Z
Scheme	Benchmark	Assets, ₹ cr (30 Sep 2026)	SIP from, ₹	Launched
Bandhan Floating Interest Rates Fund	NIFTY Medium Duration Debt Index A-III	224	100	2021
DSP Floating Interest Rates Fund	CRISIL Short Duration Debt A-II Index	316	100	2021
Franklin India Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	256	500	2001
HDFC Floating Interest Rates Fund	CRISIL Short Duration Debt A-II Index	15,659	100	2007
ICICI Prudential Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	8,658	100	2005
Kotak Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	3,240	100	2019
Nippon India Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	7,461	100	2004
SBI Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	676	500	2020
Tata Floating Interest Rates Fund	CRISIL Short Duration Debt A-II Index	114	500	2021
UTI Floating Interest Rates Fund	CRISIL Short Duration Debt A-II Index	1,506	500	2018

Schemes in this category, A to Z
Scheme	Benchmark	Assets, ₹ cr (30 Sep 2026)	SIP from, ₹	Launched
HDFC Floating Interest Rates Fund	CRISIL Short Duration Debt A-II Index	15,659	100	2007
ICICI Prudential Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	8,658	100	2005
Kotak Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	3,240	100	2019
Nippon India Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	7,461	100	2004
SBI Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	676	500	2020

Show all 12 schemes

Schemes in this category, A to Z
Scheme	Benchmark	Assets, ₹ cr (30 Sep 2026)	SIP from, ₹	Launched
Aditya Birla Sun Life Floating Interest Rate Fund	NIFTY Low Duration Debt Index A-I	12,971	1,000	2009
Axis Floating Interest Rates Fund	NIFTY Medium Duration Debt Index A-III	149	1,000	2021
Bandhan Floating Interest Rates Fund	NIFTY Medium Duration Debt Index A-III	224	100	2021
DSP Floating Interest Rates Fund	CRISIL Short Duration Debt A-II Index	316	100	2021
Franklin India Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	256	500	2001
HDFC Floating Interest Rates Fund	CRISIL Short Duration Debt A-II Index	15,659	100	2007
ICICI Prudential Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	8,658	100	2005
Kotak Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	3,240	100	2019
Nippon India Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	7,461	100	2004
SBI Floating Interest Rates Fund	NIFTY Short Duration Debt Index A-II	676	500	2020
Tata Floating Interest Rates Fund	CRISIL Short Duration Debt A-II Index	114	500	2021
UTI Floating Interest Rates Fund	CRISIL Short Duration Debt A-II Index	1,506	500	2018

Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.

What changed

26 Feb 2026SEBI renamed its category from Floater Fund to Floating Interest Rates Fund
1 Nov 2022Manu Sharma became a fund manager
16 May 2019Re-opened for everyday purchases
14 May 2019Launched
13 May 2019NFO closed
9 May 2019NFO opened

Source: fund house disclosures and SEBI.

Documents

KIM Key information memorandum: the short summary of the SID that comes with every application form.

Kotak Mahindra Mutual Fund publishes the scheme’s documents on its website:

Scheme information document (SID)
Key information memorandum (KIM)
Monthly factsheet
Monthly portfolio disclosure

Read SID/KIM on AMC site

Felix links to the fund house’s own copies and never copies them.

Questions about this fund

Who manages it, and since when?

Deepak Agrawal, since 9 May 2019 (Fund manager); Manu Sharma, since 1 Nov 2022 (Fund manager). Source: Kotak Mahindra Mutual Fund’s disclosures.

What is the minimum SIP?

₹100 a month, as of 28 Oct 2026, from the fund house’s documents.

What is its benchmark?

NIFTY Short Duration Debt Index A-II, as the SID names it. Felix shows the benchmark by name only.

When was it launched, and what was it called before?

It was launched on 14 May 2019.

How do I invest in it?

Read the SID and KIM on Kotak Mahindra Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.

What does “Regular plan – Growth” mean?

The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.

Where are its documents?

On Kotak Mahindra Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Data on this page

Block	Source	For
Assets	Fund houses’ disclosures, at month-end	30 Sep 2026
Minimums	Fund house documents, as read by Felix	28 Oct 2026
Riskometer	Fund houses’ disclosures, as read by Felix	28 Oct 2026
Asset allocation	The SID, from fund house disclosures	28 Oct 2026
Fund managers	Fund house disclosures	28 Oct 2026

Something wrong or out of date? Report an error

When you are ready, invest with a person.

Read SID/KIM on AMC site

The SID and KIM are the final reference for every fact on this page.

Find a mutual fund distributor

Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission