1M
6M
1Y
3Y
5Y
All
| NAV: 10 Jan 2025 | ₹1,479.94 |
| Min. SIP amount | ₹100 |
| Rating | 2 |
| Fund size | ₹3,689.70Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Floater
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 8.6% | 6.8% | 7.3% | 7.2% |
| Category average | 8.1% | 6.6% | 6.4% | NA |
| Rank with in category | 5 | 9 | 2 | NA |
Understand terms
Peer Comparison
| Debt, Floater funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Franklin India Floating Rate Fund Direct Growth | 4 | 8.9% | 7.4% | 307.36 |
HDFC Floating Rate Debt Fund Direct Plan Growth | 4 | 8.5% | 7.1% | 14,839.27 |
Aditya Birla Sun Life Floating Rate Direct Fund Growth | 5 | 8.1% | 7.0% | 12,681.31 |
Tata Floating Rate Fund Direct Growth | 4 | 8.2% | 6.9% | 183.76 |
Nippon India Floating Rate Fund Direct Growth | 3 | 8.5% | 6.8% | 7,802.64 |
Holdings (31)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI Sec | 22.39% |
GOI | Sovereign | GOI FRB | 14.22% |
GOI | Sovereign | GOI Sec | 11.10% |
Small Industries Devp. Bank of India Ltd. | Financial | Debenture | 4.91% |
Bajaj Finance Ltd. | Financial | Debenture | 4.78% |
Pipeline Infrastructure (India) Pvt. Ltd. | Construction | Debenture | 4.67% |
Mankind Pharma Ltd. | Healthcare | Bonds/Deb | 4.21% |
Tata Capital Housing Finance Ltd. | Financial | Bonds | 2.83% |
Muthoot Finance Ltd. | Financial | Debenture | 2.82% |
Tata Capital Housing Finance Ltd. | Financial | Debenture | 2.81% |
Tata Capital Financial Services Ltd. | Financial | Debenture | 2.66% |
Embassy Office Parks REIT | Construction | NCD | 2.53% |
Muthoot Finance Ltd. | Financial | Debenture | 2.13% |
National Bank For Agriculture & Rural Development | Financial | Bonds | 2.11% |
Bajaj Housing Finance Ltd. | Financial | Bonds/NCD | 1.97% |
Dhruva Trust | Others | Securitised Debt | 1.95% |
Muthoot Finance Ltd. | Financial | Debenture | 1.69% |
Bharti Telecom Ltd. | Communication | Debenture | 1.55% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 1.41% |
LIC Housing Finance Ltd. | Financial | Debenture | 1.40% |
Embassy Office Parks REIT | Construction | Bonds | 1.40% |
Godrej Properties Ltd. | Construction | Debenture | 1.40% |
Vajra Trust | Others | Securitised Debt | 0.93% |
Muthoot Finance Ltd. | Financial | Debenture | 0.76% |
National Bank For Agriculture & Rural Development | Financial | Debenture | 0.70% |
GOI | Sovereign | GOI Sec | 0.57% |
Pipeline Infrastructure (India) Pvt. Ltd. | Construction | Debenture | 0.42% |
Bahadur Chand Investments Pvt. Ltd. | Financial | Debenture | 0.35% |
Bank Of Baroda | Financial | Additional Tier 2 Bo | 0.34% |
Godrej Industries Ltd. | Consumer Staples | Debenture | 0.14% |
Uttar Pradesh State | Others | SDL | 0.00% |
See All
Pros and cons
Category: Debt Floater
Pros
Exit load is zero
Lower expense ratio: 0.25%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Higher alpha: 4.65
The fund has generated returns higher than benchmark - NIFTY Short Duration Debt Index A-II - in the last 3Y
Cons
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.25%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Deepak AgrawalMay 2019 - PresentView details
Deepak Agrawal
May 2019 - Present
View details
Education
Mr. Agrawal is Post Graduate in Commerce from Mumbai University, Chartered Accountant, Company Secretary and CFA.
Experience
He has been associated with Kotak AMC since 2002.
Also manages these schemes
Manu SharmaNov 2022 - PresentView details
Manu Sharma
Nov 2022 - Present
View details
Education
Mr. Sharma has done M.Com and CA.
Experience
He has over 17 years of experience in fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation.
Also manages these schemes
Palha KhannaJul 2023 - PresentView details
Palha Khanna
Jul 2023 - Present
View details
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
The Capital Building, Behind ICICI Bank, G Block BKC, Bandra Kurla ComplexBandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
Kotak Mahindra Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
www.camsonline.comCompare funds
Kotak Floating Rate Fund Direct Growth
VS
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