1M
6M
1Y
3Y
All
| NAV: 07 Feb 2023 | ₹1,269.59 |
| Min. SIP amount | ₹1,000 |
| Rating | 2 |
| Fund size | ₹5,308.09Cr |
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
| 6M | 1Y | 3Y | All | |
|---|---|---|---|---|
| Fund returns | NA | 4.4% | 6.4% | 6.6% |
| Category average | NA | 4.5% | 5.4% | NA |
| Rank with in category | NA | 11 | 1 | NA |
Understand terms
Holdings (44)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
GOI | Sovereign | GOI FRB | 16.5% |
| Housing Development Finance Corporation Ltd. | Financial | Debenture | 9.4% |
| Power Finance Corporation Ltd. | Financial | FRD | 7.4% |
Canara Bank | Financial | CD | 4.7% |
| Jamnagar Utilities and Power Pvt. Ltd. | Capital Goods | Debenture | 3.7% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 3.2% |
| REC Ltd. | Financial | NCD | 3.0% |
| REC Ltd. | Financial | Bonds/NCD | 2.8% |
Canara Bank | Financial | Additional Tier 2 Bo | 2.8% |
| ONGC Petro Additions Ltd. | Energy | NCD | 2.8% |
See All
Pros and cons
Category: Debt Floater
Pros
Cons
Exit load is zero
1Y annualised returns lower than category average by 0.13%
Lower expense ratio: 0.22%
Low rating: 2
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
3Y annualised returns higher than category average by 1.01%
Higher alpha: 4.36
The fund has generated returns higher than benchmark - NIFTY Short Duration Index - in the last 3Y
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 terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹1,000 |
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 2000.
Also manages these schemes
Vihag MishraNov 2021 - PresentView details
Vihag Mishra
Nov 2021 - Present
View details
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
Fund house & investment objective
Fund house contact details
Address
27 BKC, C-27, G Block,Bandra Kurla Complex,Bandra (E) Mumbai 400051
Phone
022-61152100 / 1800-22-2626
Launch Date
05 Aug 1994
E-mail
[email protected]Website
NA
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
Add mutual fund to compare