SBI SAVINGS FUND vs Kotak Money Market Fund
Updated June 2026 · both Money Market funds · metrics from AMFI NAVs
In short: Kotak Money Market Fund has the higher 3-year return (+7.33%); Kotak Money Market Fund has the lower expense ratio (0.16%). This is analysis from past data, not a recommendation.
| Metric | SBI SAVINGS FUND | Kotak Money Market Fund |
|---|---|---|
| 1Y return | +5.94% | +6.08% |
| 3Y CAGR | +7.27% | +7.33% |
| 5Y CAGR | +6.44% | +6.49% |
| Sharpe ratio | - | - |
| Max drawdown | -0.3% | -0.2% |
| Volatility | 0.6% | 0.6% |
| Alpha | -0.04% | -0.00% |
| Expense ratio (Direct) | 0.26% | 0.16% |
| AUM | ₹35.2K Cr | ₹32.9K Cr |
Winner on each row highlighted (lower is better for expense ratio and volatility; max drawdown closer to zero is better). Computed from AMFI NAVs - see methodology. No paid placement.
FAQ
Which has the lower expense ratio?
Kotak Money Market Fund has the lower Direct-plan expense ratio (0.16%), versus 0.26% for the other. Over long horizons a lower TER compounds into a meaningful difference.
Which has performed better over 3 years?
Kotak Money Market Fund has the higher 3-year CAGR (+7.33%). Past performance does not predict future returns - check volatility and drawdown too, shown above.
How are these figures calculated?
All returns, risk metrics and alpha are computed independently from AMFI daily NAVs using a disclosed methodology. FindMF takes no commission and this comparison is not a recommendation.