MF Gyan
otherLow risk14 years old

Kotak FMP Series 103 Direct Growth

A specialised fund. Check the scheme details for what it invests in. From Kotak Mahindra Mutual Fund. It's been running since 28 Mar 2013.

Latest price per unit
₹10.8935
▲ 0.07% today
As of 27 Mar 2014 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 500 other funds in Income

Same plan
Bumpiness (3Y)
1.51%median 5.00% (-3.48%)
Rank #121 of 501Less risky than 76% of peers
Worst-ever drop
-1.29%median -6.85% (+5.56%)
Rank #373 of 501Less risky than 25% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 2 of last 2 years were positive.

+7%
2013
+2%
2014
Best year
2013 · 6.58%
Worst year
2014 · 2.03%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.5%

The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-1.29%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Kotak FMP Series 103 Direct Growth against other other funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch8.80%
Volatility — 1 year (annualised)1.51%
Volatility — 3 years (annualised)1.51%
Max drawdown — 1 year-1.29%
Max drawdown — 3 years-1.29%
Sharpe ratio — 1 year (rf=6%)1.84
Sharpe ratio — 3 years (rf=6%)1.84

Fund info

Fund house
Kotak Mahindra Mutual Fund
Category
Income
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
121975
First price on record
28 Mar 2013 · 242 daily prices

About Kotak FMP Series 103 Direct Growth

Kotak FMP Series 103 Direct Growth is a Income offered by Kotak Mahindra Mutual Fund under the Direct plan with the Growth option. It has approximately 14 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of Kotak FMP Series 103 Direct Growth is ₹10.8935 (as of 27 Mar 2014). Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.5% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 1.3%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Kotak FMP Series 103 Direct Growth?+

The latest NAV of Kotak FMP Series 103 Direct Growth is ₹10.8935 as of 27 Mar 2014, up 0.07% from the previous day. NAV is updated once a business day after the market close.

What category does Kotak FMP Series 103 Direct Growth belong to?+

Kotak FMP Series 103 Direct Growth is categorised as Income. A specialised fund. Check the scheme details for what it invests in.

How risky is Kotak FMP Series 103 Direct Growth?+

Based on its 3-year annualised volatility of 1.5%, Kotak FMP Series 103 Direct Growth sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is Kotak FMP Series 103 Direct Growth a direct plan?+

Kotak FMP Series 103 Direct Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is Kotak FMP Series 103 Direct Growth?+

Kotak FMP Series 103 Direct Growth has NAV history available from 28 Mar 2013 — approximately 14 years of track record and 242 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.