Home>Mutual Funds>Kotak Mahindra Mutual Fund>Kotak Floating Rate Fund Direct Growth

Kotak Floating Rate Fund Direct Growth

Debt
Floater
Moderate Risk
6.09%
1Y return
+0.06% 1D
1M
6M
1Y
All
NAV: 02 Aug 2021₹1,192.55
Min. SIP Amount₹1,000
RatingNA
Fund Size₹5,102.72 Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Debt Floater
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.1%NANA8.2%
Category average5.3%7.6%7.3%NA
Rank with in category2NANANA
Understand termsinfo

Holdings (47)

NameSectorInstrumentAssets
REC Ltd.FinancialBonds/NCD5.0%
GOI
SovereignGOI FRB5.0%
Jamnagar Utilities and Power Pvt. Ltd.
EngineeringDebenture4.2%
Sundaram Finance Ltd.FinancialDebenture3.9%
Gujarat State
OthersSDL3.4%
Gujarat State
OthersSDL3.4%
GOI
SovereignCGL3.2%
Indian BankFinancialAdditional Tier 2 Bo3.0%
Canara BankFinancialAdditional Tier 2 Bo3.0%
ONGC Petro Additions Ltd.
EnergyNCD3.0%
See All

Pros and cons

Category: Debt Floater

Pros

  • Lower expense ratio - 0.22%
  • 1Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Age is less than 3 years

Expense ratio, exit load and tax

Expense ratio: 0.22%

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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo

Minimum investment amounts

Min. for 1st investment₹1,000
Min. for 2nd investment onwards₹5,000
Min. for SIP₹1,000

Fund management

Deepak Agrawal
May 2019 - Present
View Details
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Arjun Khanna
May 2019 - Present
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Fund house & investment objective

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Fund house contact details

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