HealthyDirect · GrowthFit for a long SIP
Kotak Dynamic Term Fund
Kotak Mahindra Mutual FundIncome/Debt Oriented Schemes - Dynamic Term Fund13.8 years
- NAV
- 43.3221
- 29 Oct 2026
- 1Y
- +4.3%
- Trailing CAGR
- AUM
- ₹2,218.84 Cr
- 30 Sept 2026
- Volatility
- Low
- 2.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 89% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.61% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -3.2%. Ask whether you can hold through a similar fall.
Vs category
Pass
89% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 75.0% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+4.3%
- 3Y+7.6%
- 5Y+6.4%
- 10Y+7.5%
- SI+8.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.4%
- 3Y+6.0%
- 5Y+6.7%
- 10Y+7.2%
- Since inception
- +8.4%
- Calendar-day CAGR
- Excess 1Y
- +1.5%
- Category median, same plan and option
- 3Y win rate
- +89%
- Windows beating the median
- 3Y percentile
- 90
- Vs comparable share classes
- SIP 3Y XIRR
- +6.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.6%
- 2619 daily-ending windows
- Median rolling 3Y
- +9.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2136 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -3.2%
- Worst peak-to-trough
- Current
- -1.3%
- Below last peak
- Current spell
- 76 days
- Days below latest peak
- Time below peak
- +62%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 6 days
- 303 recovered episodes
- Longest recovery
- 138 days
- Trough to prior peak
6 Mar 2020 – 22 Apr 2020
Trough 19 Mar 2020 · recovered in 34 days
-3.2%
24 Nov 2016 – 15 May 2017
Trough 28 Dec 2016 · recovered in 138 days
-2.8%
29 May 2025 – 1 Oct 2025
Trough 26 Aug 2025 · recovered in 36 days
-2.4%
8 Jan 2021 – 11 May 2021
Trough 15 Mar 2021 · recovered in 57 days
-2.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
90
Vs category
59
Consistency
82
Risk-adjusted
78
Drawdown
92
Mean
80
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 89% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 35 holdings · top 10 are 75.0%.
- Top 5
- 51.8%
- Top 10
- 75.0%
- Largest holding
- 17.4%
- Effective holdings
- 13.1
GOVERNMENT OF INDIA 35840 GOI 15AP65 6.9 FV RS 100
Entities
17.4%
Repo
Unspecified
11.1%
HDFC Bank Ltd (15-Jan-2027)
Financial
8.8%
PUNJAB NATIONAL BANK CD 10FEB27
Financial
7.7%
MUTHOOT FINANCE LIMITED SR 35-A OP I 9.09 NCD 01JU29 FVRS1LAC
Financial
6.8%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Groww Dynamic Term Fund
Groww Mutual Fund
- 1Y
- +2.7%
- 3Y
- +5.8%
- Vol
- 1.9%
- Max DD
- -2.3%
- Sharpe
- 0.06
- 3Y win
- +0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
HSBC Dynamic Term Fund
HSBC Mutual Fund
- 1Y
- +2.2%
- 3Y
- +6.5%
- Vol
- 2.1%
- Max DD
- -2.0%
- Sharpe
- 0.21
- 3Y win
- +4%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
ITI Dynamic Term Fund
ITI Mutual Fund
- 1Y
- +1.2%
- 3Y
- +5.7%
- Vol
- 1.6%
- Max DD
- -2.2%
- Sharpe
- -0.18
- 3Y win
- +34%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
JM Dynamic Term Fund
JM Financial Mutual Fund
- 1Y
- +2.5%
- 3Y
- +6.5%
- Vol
- 1.4%
- Max DD
- -3.0%
- Sharpe
- 1.00
- 3Y win
- +29%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Mahindra Manulife Dynamic Term Fund
Mahindra Manulife Mutual Fund
- 1Y
- +3.3%
- 3Y
- +7.2%
- Vol
- 1.8%
- Max DD
- -2.3%
- Sharpe
- 0.13
- 3Y win
- +24%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns