Fundalysisby DARKHORSESTOCKS

Fund manager · Kotak

Dharmesh Thakar

Debt – Fund Manager & Dealer at Kotak. Runs 2 schemes worth ₹17,439 Cr.

  • Fund house

    KotakThey run their schemes at Kotak.

  • AUM they run

    ₹17,439 CrThe AUM of the schemes they run, as main or co-manager, at the latest month's end, as AMFI reports it. A scheme two people run counts for both.

  • Schemes

    2 now · 0 beforeSchemes they run now, as main or co-manager, and ones they ran before, since May 2025.

  • Experience

    18 years18

Profile(Kotak's SAI, 30 Jun 2026)

About

Role
Debt – Fund Manager & Dealer
Studied
PGeMBA in Finance
Age
41 years
Experience
18
Also as
Dharmesh Thakkar (Kotak)

Schemes now2

  1. Kotak Ultra Short to Short Term Fund₹12,662 Cr
  2. Kotak Banking and PSU Debt Fund₹4,777 Cr

AUM they run(May 2025 – Sept 2026)

AUM at month end each month, and its change on the month before
12 months₹ CrChange
Sept 202617,439+2.4%
Aug 202617,030−0.1%
Jul 202617,043+3.0%
Jun 202616,542−10.1%
May 202618,390−14.0%
Apr 202621,388+4.7%
Mar 202620,429−1.7%
Feb 202620,778+2.5%
Jan 202620,277−2.9%
Dec 202520,891−2.5%
Nov 202521,426+6.6%
Oct 202520,104+246.6%
AUM at month end, Sept 2026
₹17,439 Cr
−13.3% since Oct 2025
Fig. 1.The AUM of the schemes Dharmesh Thakar ran at each month's end, each only in the months they ran it, ₹ crore. A scheme two people run counts in full for both. Source: AMFI.

Schemes over time(Jun 2025 – now)

  1. Banking and PSU Debt Fund
  2. Ultra Short to Short Term Fund
Kotak2026
Fig. 1.The schemes they ran when, the oldest first: each from the date its fund house gives, or the first document listing them where it gives none, to when they left, coloured by fund house.

Schemes(Jun 2025 – now)

Kotak

2 now · since Jun 2025
  1. Kotak Ultra Short to Short Term Fund
    Fund managerOct 2025—1y 1m₹12,662 CrUltra Short to Short TermTER 0.41%

Source.Each scheme's Scheme Summary Document at AMFI and its filings at NSE.

Performance(2 schemes)

Growth · Direct plans

Return as manager
+5.65%
Beat peers
2 of 2
vs peers
+0.13 pt
Longest run
1.5 years
Beat benchmark
Upcoming
Each scheme Dharmesh Thakar ran, against its peers and benchmark over the same months. Source: AMFI. Click a column's header to sort by it.
Kotak Banking and PSU Debt Fund
May '25–now · 1.5y
+5.10%+4.85%+0.25 pt––
Kotak Ultra Short to Short Term Fund
Oct '25–now · 1.0y
+6.20%+6.18%+0.02 pt––
Fig. 1.Each scheme Dharmesh Thakar ran, against its peers and benchmark over the same months. Source: AMFI.

Works with(1 now)

  1. Deepak AgrawalUltra Short to Short Term Fund · Banking and PSU Debt Fund2 schemes