HealthyPlan n/a · Option n/aFit for a long SIP
Kotak FMP Series 234
- NAV
- 12.911
- 20 Sept 2021
- 1Y
- +6.6%
- Trailing CAGR
- AUM
- ₹1.93 L
- 30 Sept 2021
- Volatility
- Low
- 1.4% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 20 Sept 2021
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 83% of rolling 1-year windows.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Buy checklist
History depth
Pass
8.3 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
n/a
TER not on file yet.
Drawdown vs peers
Pass
Peak-to-trough -1.5%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% 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
n/a
Holdings weights not on file for this scheme yet.
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+6.6%
- 3Y+8.7%
- 5Yn/a
- 10Yn/a
- SI+8.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+5.5%
- 3Y+8.1%
- 5Yn/a
- 10Yn/a
- Since inception
- +8.4%
- Calendar-day CAGR
- Excess 1Y
- +2.3%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 54
- Vs comparable share classes
- SIP 3Y XIRR
- +8.1%
- Simulated monthly SIP
- Worst rolling 3Y
- +8.5%
- 39 daily-ending windows
- Median rolling 3Y
- +8.6%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -1.5%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +27%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 5 days
- 53 recovered episodes
- Longest recovery
- 27 days
- Trough to prior peak
9 Mar 2020 – 30 Mar 2020
Trough 26 Mar 2020 · recovered in 4 days
-1.5%
29 Aug 2018 – 22 Oct 2018
Trough 25 Sept 2018 · recovered in 27 days
-1.0%
23 Apr 2020 – 19 May 2020
Trough 30 Apr 2020 · recovered in 19 days
-0.9%
3 Jun 2019 – 5 Jul 2019
Trough 10 Jun 2019 · recovered in 25 days
-0.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
54
Vs category
64
Consistency
42
Risk-adjusted
100
Drawdown
96
Mean
71
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 83% of rolling 1-year windows.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
No holdings or recent changes on file for this scheme yet.
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Kotak FMP Series 137 (371 Days)
Kotak Mahindra Mutual Fund
- 1Y
- +8.4%
- 3Y
- +8.8%
- Vol
- 0.5%
- Max DD
- -0.1%
- Sharpe
- 5.64
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Kotak FMP Series 172 (1126 Days)
Kotak Mahindra Mutual Fund
- 1Y
- +8.6%
- 3Y
- +9.7%
- Vol
- 0.8%
- Max DD
- -0.2%
- Sharpe
- 4.83
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Kotak FMP Series 178 (1099 Days)
Kotak Mahindra Mutual Fund
- 1Y
- +7.3%
- 3Y
- n/a
- Vol
- 0.7%
- Max DD
- -0.4%
- Sharpe
- 3.41
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Nippon India Fixed Horizon Fund XXXV- Series 7
Nippon India Mutual Fund
- 1Y
- +5.3%
- 3Y
- +7.9%
- Vol
- 1.0%
- Max DD
- -1.3%
- Sharpe
- 1.30
- 3Y win
- +85%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns
Reliance Fixed Horizon Fund - XXIV - Series 11
Nippon India Mutual Fund
- 1Y
- +6.7%
- 3Y
- +7.5%
- Vol
- 0.7%
- Max DD
- -0.3%
- Sharpe
- 3.94
- 3Y win
- +83%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Lower trailing returns