Scheme

Kotak Dynamic Term Fund

Holds 6 companies worth ₹223 Cr in Sept 2026.

Fund house
KotakThe fund house that runs this scheme.
AUM
₹2,266 CrKotak Dynamic Term Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 3.3% on Aug 2026, ₹2,342 Cr.
Largest holding
Bharat Highways InvitBharat Highways Invit is 4.0% of this scheme's NAV.
Fund manager
Deepak AgrawalRuns it since 26 May 2008, as the fund house dates it. With Abhishek Bisen (fund manager).

Overview^{(17 Sept 2026)}

Fund managers2

Deepak AgrawalFund manager · May 2008 · 23y · CS
Abhishek BisenFund manager · Nov 2022 · 23y · MBA

Palha KhannaJul 2023 – Sept 2024

Key facts

Benchmark: Nifty Composite Debt Index A-III
Risk: Moderately High
Expense: Regular 1.35% · Direct 0.61%
Exit load: Nil
Started: 26 May 2008
Minimum: ₹100

Source.Its Scheme Summary Document as of 17 Sept 2026 at AMFI.

What changed^{(7 changes)}

Jul 2026

1 change

Expense ratio
30 JulRegular 1.34% → 1.35%Direct 0.6% → 0.61%

Jun 2026

1 change

Expense ratio
29 JunRegular 1.33% → 1.34%Direct 0.59% → 0.6%

May 2026

1 change

Expense ratio
30 MayRegular 1.39% → 1.33%Direct 0.65% → 0.59%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time^{(May 2008 – now)}

MainCoSlice20092013201720212025

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Aug 2024 – Sept 2026)}

Every change to the expense ratio, newest first.
7 changes	Regular	Direct	Δ pt
30 Jul 2026	1.35%	0.61%	0.01
29 Jun 2026	1.34%	0.60%	0.01
30 May 2026	1.33%	0.59%	0.06
29 Apr 2026	1.39%	0.65%	0.06
31 May 2025	1.33%	0.59%	0.01
30 Sept 2024	1.33%	0.58%	0.01
31 Aug 2024	1.32%	0.57%	–

Direct plan, 30 Jul 2026

0.61%

Regular plan 1.35% · Exit load nil

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk^{(17 Sept 2026)}

Objective

The investment objective of the Scheme is to maximize returns through an active management of a portfolio of debt and money market securities. There is no assurance that the investment objective of the Scheme will be realised.

Risk, type and benchmark

Riskometer: Moderately High
At launch: Moderate
Risk class: B-III: moderate credit risk, relatively high interest-rate risk
Type: An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and moderate credit risk.
Benchmark: Nifty Composite Debt Index A-III
Benchmark 2: NIFTY Composite Debt Index

Asset allocation it may hold% of NAV

Debt & money market instruments including government securities
Allowed0–100%Holds90.0%

Holds in Sept 2026.3.7% equity · 90.0% debt and cash · 6.3% REITs and InvITs

How to invest^{(17 Sept 2026)}

Buying

To start: ₹100, then any amount thereafter Rs. 100
To add: ₹100, then any amount thereafter Rs. 100
Systematic: SIP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually SWP - Daily, Weekly, Monthly, Quarterly, Half – Yearly and Annually STP - Daily, Weekly, Monthly & Quarterly
Dates: SIP - Any date from 1st to 31st of a given month/ quarter. SWP - Any Date of Every MonthSTP - Any Business Day
Minimum: SIP - Rs. 100/- and any amount thereafter,SWP - Rs. 1000 STP - Rs. 1000, then sIP - Rs. 100/- and any amount thereafter,SWP - Re. 1STP - Re. 1
Instalments: SIP - N.A. SWP - 6 installments STP - 6 installments

Selling and switching

To redeem: ₹1,000 or 100 units units
Minimum balance: ₹1,000 or 100 units units
Switch minimum: ₹1,000 or Re 0.01 units

Scheme details^{(17 Sept 2026)}

What it is

Category: Debt Scheme - Dynamic Term Fund
Offer: 24 May 2008 to 25 May 2008
Started: 26 May 2008
Reopened: 6 Dec 2004
Plans: Growth · Payout of Income Distribution cum capital withdrawal (IDCW) · Reinvestment of Income Distribution cum capital withdrawal (IDCW)
Face value: ₹10
Listed: No

How it is run

Swing pricing: Market Dislocation period – Swing Factor 1.5%, Normal times – NA
Side-pocketing: Enabled, No segregated portfolio created
Custodian: Deutsche Bank A G, Mumbai and Standard Chartered Bank, Mumbai
Auditor: S. R. Batliboi & Co. LLP
Registrar: Computer Age Management Services (‘CAMS’)
SEBI code: KOTM/O/D/DBF/04/11/0014