The scheme has completed 24 years and has delivered a compound annual growth rate (CAGR) of 7.94% (direct plan growth option) since inception.
The fund is managed by Kotak Mahindra Asset Management Company and has an assets under management (AUM) of around ₹15,220 crore. It is jointly managed by Deepak Agrawal and Abhishek Bisen, who have overseen the portfolio since 2007 and 2022 respectively.
The scheme is benchmarked against the Nifty Short Duration Debt Index A-II and has outperformed its tier-1 benchmark by generating an alpha of around 0.64% as of March 31, 2026.
The fund follows a short-duration strategy, typically investing in securities with a 1–3 year maturity profile. It maintains a conservative credit approach, with over 80–90% allocation to sovereign securities and AAA or equivalent-rated debt instruments. This structure is intended to reduce sensitivity to interest rate movements compared with longer-duration debt funds.
Based on the SIP illustration shared by the fund house, monthly investments of ₹10,000 over the long term accumulated to about ₹28.7 lakh in invested contributions and grew to approximately ₹74.2 lakh over the investment period, reflecting the impact of compounding over time.
The scheme is generally positioned for investors with a medium-term horizon of at least 12 months and a preference for relatively lower volatility within the debt fund category.
It must be noted that debt mutual funds are subject to interest rate risk, credit risk, and liquidity risk. Returns are market-linked and not guaranteed.
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