Top 10 Mahindra Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Kotak Dynamic Bond FundDebtModerately Low14.3%5star791
Kotak Low Duration FundDebtModerate9.3%5star4,758
Kotak Corporate Bond FundDebtModerately Low10.5%5star2,448
Mahindra ALP-Samay Bachat YojanaDebtModerately Low9.2%5star337
Kotak Banking & PSU Debt FundDebtModerately Low12.1%4star2,621
Kotak Savings FundDebtModerately Low8.9%4star13,961
Kotak Bond Short Term PlanDebtModerately Low11.3%4star9,607
Kotak Credit Risk FundDebtModerately Low9.9%4star4,735
Kotak Gilt - Investment PlanDebtModerate16.0%3star462
Kotak BondDebtModerate13.8%3star1,885
Kotak Medium Term FundDebtModerate7.7%3star3,584
Kotak Money Market SchemeDebtLow8.7%3star10,261
Kotak Liquid FundDebtLow7.2%2star31,996
View All Top 10 Mahindra Mutual Funds

Best Mahindra Debt Mutual Funds

Mahindra is one of the leading brands in the country and has garnered trust of customers across the nation. Mahindra Asset Management Company Private Limited is a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL).

Mahindra provides various schemes across different market capitalization in various categories. It focuses mainly in the rural and semi-urban areas. The fact that Mahindra concentrates more on financially empowering masses in the rural area, makes it stand out in the mutual fund industry and it aspires to become the best financial service provider to people who live in semi-urban and rural areas.

The motto of the company is therefore unique because it not only wants to revolutionize the financial industry, it also aims at building a change within the community, by helping investors who do not hail from an urban set-up.

If you are saving for very short-term goals like a vacation or buying an automobile, then this category is ideal for gains within one year. It is also an excellent resort to park your money until you decide where to invest or spend next. Returns are taxed as per your income tax slab if sold before three years and have negligible tax post that period.

Purpose: Invest here for your short term goals like a vacation, buying a bike, jewelry or expensive gadget.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Kotak Dynamic Bond Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Dynamic segment and provided 9% annualized returns in the last 3 years. In the last 1 year, it gave 14.26% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 14.26% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM791Cr
1Y Returns14.3%

Kotak Low Duration Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Low Duration segment and provided 8.46% annualized returns in the last 3 years. In the last 1 year, it gave 9.28% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.28% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM4,758Cr
1Y Returns9.3%

Kotak Corporate Bond Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Corporate Bond segment and provided 8.41% annualized returns in the last 3 years. In the last 1 year, it gave 10.5% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 10.5% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date10 Jan 2013
Min Investment Amt5,000
AUM2,448Cr
1Y Returns10.5%

Mahindra Low Duration Bachat Yojana Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided -100% annualized returns in the last 3 years. In the last 1 year, it gave 9.24% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.24% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹1,000. Minimum SIP investment amount for this scheme is ₹500. This is one of the best Debt mutual fund in India.

Launch Date14 Feb 2017
Min Investment Amt1,000
AUM337Cr
1Y Returns9.2%

Kotak Banking and PSU Debt Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Banking & PSU segment and provided 8.38% annualized returns in the last 3 years. In the last 1 year, it gave 12.1% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 12.1% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM2,621Cr
1Y Returns12.1%

Kotak Savings Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Ultra Short Duration segment and provided 7.8% annualized returns in the last 3 years. In the last 1 year, it gave 8.88% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.88% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date30 Dec 2012
Min Investment Amt5,000
AUM13,961Cr
1Y Returns8.9%

Kotak Bond Short Term Plan Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Short Duration segment and provided 8.09% annualized returns in the last 3 years. In the last 1 year, it gave 11.32% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 11.32% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM9,607Cr
1Y Returns11.3%

Kotak Credit Risk Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Credit Risk segment and provided 8.27% annualized returns in the last 3 years. In the last 1 year, it gave 9.86% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 9.86% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM4,735Cr
1Y Returns9.9%

Kotak Gilt Investment PF & Trust Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Gilt segment and provided 8.08% annualized returns in the last 3 years. In the last 1 year, it gave 16.02% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 16.02% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date20 Jan 2013
Min Investment Amt5,000
AUM462Cr
1Y Returns16.0%

Kotak Bond Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium to Long Duration segment and provided 6.85% annualized returns in the last 3 years. In the last 1 year, it gave 13.84% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 13.84% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM1,885Cr
1Y Returns13.8%

Kotak Medium Term Fund Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Medium Duration segment and provided 7.23% annualized returns in the last 3 years. In the last 1 year, it gave 7.65% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.65% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date20 Mar 2014
Min Investment Amt5,000
AUM3,584Cr
1Y Returns7.7%

Kotak Money Market Scheme Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Money Market segment and provided 7.57% annualized returns in the last 3 years. In the last 1 year, it gave 8.74% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 8.74% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date30 Dec 2012
Min Investment Amt5,000
AUM10,261Cr
1Y Returns8.7%

Kotak Liquid Direct Growth

Fund Performance: This fund has consistently beaten its benchmark in Liquid segment and provided 7.03% annualized returns in the last 3 years. In the last 1 year, it gave 7.18% returns.

Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 7.18% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹5,000. Minimum SIP investment amount for this scheme is ₹1,000. This is one of the best Debt mutual fund in India.

Launch Date31 Dec 2012
Min Investment Amt5,000
AUM31,996Cr
1Y Returns7.2%

Why invest with Groww?

— Registered with SEBI, AMFI & BSE

— Paperless sign up on web & app

— Expert recommendations

— ZERO fees !

Sign Up

What does investing in Mahindra Debt Mutual Funds actually mean?

Suppose a mutual fund invests in ten stocks and total current market value of these stocks is 1.1 Crore. Out of this, the AMC deducts say, 0.1 Crore for operating the fund (this is known as the expense ratio). So the net value is 1 crore. Now the AMC will divide this 1 Crore into say, 10,000 parts. These parts are known as units. The cost of one unit is 1Cr/10,000 = Rs. 1000. This is known as the Net Asset Value (NAV) of the mutual fund. Suppose the AMC has set a minimum investment requirement of Rs. 500. Then if you pay Rs. 500, you will get 0.5 units of the fund. Remember that the cost of one unit is the cost when you made the purchase. Suppose after one year, the NAV has fallen to Rs. 700 per unit and you wish to exit the fund (also known as redemption), then you sell your 0.5 units back to the AMC and get 0.5 x Rs. 700 = Rs. 350 back. Yes, you invested Rs. 500 and got back Rs. 350 – a loss of 150 over a year. The point is, that you buy units at current NAV and sell units (fully or partially) at current NAV. This is what investing in mutual fund actually means.

How to invest in Mahindra Mutual Funds on Groww?

One of the best ways to hedge against the small-cap volatility is to adopt a phased approach, also known as Systematic Investment Plan (SIP) approach. We are sure that you must be aware of SIP and its benefits. Buying in small quantity but buying regularly provides you with faster growth. On Groww.in, all transactions to and from AMC is done via BSE. When you decide to invest in a large cap mutual fund of your choice, you choose that mutual fund on the website and click ‘invest’. Following that, you are redirected to the BSE page where you make the payment. BSE then directs your money to the AMC managing your mutual fund. To be assured at your end, you can visit the individual AMC website after the payment. You would be able to see all your purchased units against your folio number.

Investing Articles

Explore all Mutual Funds on Groww

Explore Mutual Funds