📊 Aggressive Hybrid Fund · Deep Analysis

Kotak Aggressive Hybrid Fund

Kotak Mutual Fund · Direct Growth · SEBI Category: Aggressive Hybrid

Current NAV ₹74.2420 (+0.34% today) As of 04 Jun 2026
1 Year Return +4.1%
3 Year CAGR +14.5% p.a.
5 Year CAGR +13.2% p.a.
AAUM ₹8.1K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,565 daily NAV records
Fund Overview

Kotak Aggressive Hybrid Fund — Quick Summary

Kotak Aggressive Hybrid Fund is managed by Kotak Mahindra Mutual Fund — one of India's most respected private sector fund houses backed by the Kotak Mahindra Group. The fund invests 65-80% in quality large cap and mid cap equity with the remaining 20-35% in high-quality debt instruments. Kotak MF's conservative investment culture is reflected in both the equity and debt sleeves — quality and risk management are prioritised over aggressive positioning.

The fund benefits from Kotak MF's complementary specialist management — Harish Krishnan's equity expertise combined with Abhishek Bisen's fixed income depth. The equity component focuses on quality businesses with sustainable earnings growth while the debt component maintains short to medium duration with AAA and AA+ credit quality. This disciplined approach has delivered consistent performance across market cycles.

Fund House
Kotak Mutual Fund
SEBI Category
Aggressive Hybrid
Benchmark
CRISIL Hybrid 35+65 Aggressive Index
Fund Manager
Abhishek Bisen & Harish Krishnan
AMFI Code
133035
Risk Level
Very High
NAV Records in DB
2,565 days
Quarterly Average AUM · Jan–Mar 2026
₹8.1K Cr
↑ Increased by 0.2% vs Oct–Dec 2025 · ₹8.1K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Moderate risk investors who value the Kotak Mahindra brand and conservative investment culture. Those wanting a specialist-managed hybrid fund with dedicated equity and debt expertise. Investors with 5+ year horizon seeking a reliable one-fund equity-debt solution.
Conservative Kotak approach with specialist managers for both equity and debt components. Kotak Mahindra Group brand trust and conservative management culture. Equity taxation treatment — long-term gains at 10% LTCG. Suitable as a core, balanced investment for moderate risk investors.
✗ Not Suitable For
Aggressive investors wanting maximum equity returns — debt allocation limits upside. Those wanting dynamic allocation — this fund maintains a fixed 65-80% equity band. Investors with short horizons under 3 years.
Who Runs This Fund

Fund Manager

AB
Abhishek Bisen & Harish Krishnan
Kotak Mutual Fund · Managing since January 2014

Harish Krishnan manages the equity component of Kotak Aggressive Hybrid Fund applying a growth-at-reasonable-price philosophy to the 65-80% equity allocation. Abhishek Bisen, Head of Fixed Income at Kotak MF, manages the 20-35% debt sleeve with a conservative, high-credit-quality approach. Their complementary expertise ensures both sleeves are managed by specialists.

For current co-manager details and full biography, refer to the latest Kotak Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 133035
The official AMFI scheme code for Kotak Aggressive Hybrid Fund Direct Growth is 133035. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Like all aggressive hybrid funds, Kotak Aggressive Hybrid cannot go below 65% equity even in expensive markets. The fund's conservative culture means it may not capture the full upside of aggressive market rallies — this is a feature, not a bug, for conservative investors.
Investment Objective
As per Scheme Information Document
To generate long term appreciation of capital and current income from a combined portfolio of equity and equity related instruments, and fixed income instruments.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Aggressive Hybrid Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
DSP Aggressive Hybrid Fund ₹384.44 ₹10.4K Cr Jan–Mar 2026 -4.1% +12.6% p.a. +10.7% p.a. 0.77
Kotak Aggressive Hybrid Fund ▲ ₹74.24 ₹8.1K Cr Jan–Mar 2026 +4.1% +14.5% p.a. +13.2% p.a. 0.80
UTI Aggressive Hybrid Fund ₹425.84 ₹5.2K Cr Jan–Mar 2026 -0.5% +13.4% p.a. +12.9% p.a. 0.83
Nippon India Aggressive Hybrid Fund ₹116.94 ₹3.6K Cr Jan–Mar 2026 +1.0% +12.9% p.a. +12.4% p.a. 0.73
Tata Aggressive Hybrid Fund ₹480.67 ₹3.4K Cr Jan–Mar 2026 -0.3% +9.5% p.a. +10.3% p.a. 0.39
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,565 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-0.9%
3 MonthPoint-to-point
-0.7%
6 MonthPoint-to-point
-1.0%
1 YearPoint-to-point
+4.1%
3 YearCAGR
+14.5% p.a.
5 YearCAGR
+13.2% p.a.
10 YearCAGR
+14.1% p.a.
₹1 Lakh → 5YLump sum growth
₹184,146

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+83.1%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-20.2%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+32.6% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
-3.9% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+5.5%
2024
+23.4%
2023
+21.7%
2022
+6.5%
2021
+30.7%
2020
+16.9%
2019
+15.5%
2018
-5.0%
2017
+25.0%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
16.3%
Positive in 90% of windows
Best: 83.1% · Worst: -20.2%
3Y Rolling Avg
15.7% p.a.
Positive in 98% of windows
Best: 32.6% · Worst: -3.9%
5Y Rolling Avg
17.0% p.a.
Positive in 100% of windows
Best: 27.7% · Worst: 11.0%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-32.1%
Feb 2020 → Mar 2020
Recovered: Oct 2020 (10 mos)
Current from Peak
-3.3%
All-time Peak: ₹76.58
Peak date: May 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-14.6%
Sep 27, 2024 – Apr 7, 2025
Recovered: Jun 2025 (6 mos)
COVID-19 Crash
-31.6%
Feb 19 – Mar 23, 2020
Recovered: Oct 2020 (10 mos)
2022 Rate Hike Cycle
-11.6%
Jan 17 – Jun 17, 2022
Recovered: Aug 2022 (3 mos)
2018 IL&FS Crisis
-12.9%
Aug 28 – Oct 26, 2018
Recovered: Apr 2019 (8 mos)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.80
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
1.11
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
11.3%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what Kotak Aggressive Hybrid Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Aggressive Hybrid Funds

See how Kotak Aggressive Hybrid Fund ranks against other Aggressive Hybrid funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.