Kotak Corporate Bond Fund - Growth - Regular Plan

Item: Kotak Corporate Bond Fund - Growth - Regular Plan
Rating: 4
Author: PersonalFN

₹3050.2773 0.11 %Nav, as on 10-08-2022
Previous Nav
₹ 3046.8041
Net Change on 10-08-2022
₹3.47
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 8,666.76
Expense Ratio
0.66%
(As on Jul 31, 2022)

Fund Overview Growth | Regular Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
21-Sep-2007
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
2958.95
52 Week Low Nav Date
09-Aug-2021
52 Week High Nav (₹)
3048.95
52 Week High Nav Date
04-Aug-2022

Fund Objective

The investment objective of the scheme is to generate income by investing in debt /and money market securities across the yield curve and predominantly in AA+ and above rated corporatesecurities. The scheme would also seek to maintain reasonable liquidity within the fund.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Kotak Corporate Bond Fund- Regular Plan-Growth Option	5.26	5.50	3.01	5.92	6.73	7.77
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
CRISIL Corporate Bond Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007		3.01	5.92	6.73	0.66	8,666.76
IDFC Corporate Bond Fund - Regular Growth	Jan 12, 2016		2.14	6.14	6.33	0.60	16,629.45
L&T Triple Ace Bond Fund-Regular Plan-Growth Plan	Mar 31, 1997		2.36	5.90	6.84	0.63	7,114.93
BARODA BNP PARIBAS CORPORATE BOND FUND - Regular Plan - GROWTH OPTION	Nov 08, 2008	Unrated	0.56	4.93	3.83	0.64	28.97

Fund Holdings as on 31-July-2022

Company % Assets
Central Government - 2033(^)
7.34
Power Finance Corporation Ltd. ( Milestone Trusteeship Services Pvt Ltd) (^)**
5.46
HDFC Ltd.**
2.89
6.4% Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) **
2.86
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limited) (^)**
2.43
5.65% Bajaj Finance Ltd. ( Catalyst Trusteeship Limite) **
2.30
4.85% Bajaj Housing Finance Ltd. ( Catalyst Trusteeship Limite) **
2.30
182 Days Treasury Bill 15/09/2022
2.29
Central Government - 2031(^)
2.26
6.75% Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
2.24
Triparty Repo
2.09
7.69% National Bank for Agriculture & Rural Development**
1.98
AXIS Bank Ltd.**
1.95
Central Government - 2028(^)
1.90
7.28% HDFC Ltd.
1.74
5.9% Grasim Industries Ltd.**
1.72
5.4% Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.71
6.1% Tata Capital Financial Services Limited ( VISTRA ITCL (India) Limite) **
1.70
6.25% EMBASSY OFFICE PARKS REIT ( Catalyst Trusteeship Limite) **
1.69
182 Days Treasury Bill 15/12/2022
1.64
7.45% LIC Housing Finance Ltd.**
1.45
Mahindra & Mahindra Financial Services Ltd. ( Milestone Trusteeship Services Pvt Ltd) (^)**
1.44
6.24% State Bank Of India.**
1.39
8.25% Tata Capital Financial Services Limited**
1.16
HDB Financial Services Ltd.(^)**
1.16
7.35% Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.16
7.2% Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.16
7.25% EMBASSY OFFICE PARKS REIT**
1.16
6.78% Mahindra & Mahindra Ltd. ( Axis Trustee Services Limite) **
1.15
6.45% Mindspace Business Parks REIT ( IDBI Trusteeship Services Limited, Stepup 25 bps for each rating downgrad) **
1.14
5.5% Kotak Mahindra Prime Ltd.**
1.14
182 Days Treasury Bill 03/11/2022
1.14
HDFC Bank Ltd.**
1.14
AXIS Bank Ltd.**
1.14
5.44% National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite)
1.13
AXIS Bank Ltd.**
1.13
5.84% Bajaj Housing Finance Ltd. ( Catalyst Trusteeship Limite) **
1.13
Indian Bank**
1.12
HDFC Bank Ltd.**
1.10
7.17% Reliance Industries Ltd.**
0.87
HDFC Ltd.(^)**
0.87
7.33% LIC Housing Finance Ltd.**
0.86
5.75% Bajaj Finance Ltd. ( Catalyst Trusteeship Limite) **
0.85
5.96% National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite) **
0.84
5.27% National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite) **
0.84
6.18% Mangalore Refinery and Petrochemicals Ltd. ( SBICAP TRUSTEE COMPANY LIMITE) **
0.84
6.4% John Deere Financial India Private Limited ( Catalyst Trusteeship Ltd. 0.25% for rating downgrade. Redm on rating @ AA) **
0.83
7.09% Rural Electrification Corporation Ltd.**
0.81
7.89% Gujarat State Govt - 2025 - Gujarat
0.65
8.43% HDFC Ltd.**
0.59
7.95% Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.58
7.8% Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
0.58
7.57% HDB Financial Services Ltd. ( IDBI Trusteeship Services Limite) **
0.58
7.55% HDB Financial Services Ltd. ( IDBI Trusteeship Services Limite) **
0.58
7.24% Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limite)
0.58
7.45% LIC Housing Finance Ltd. ( Catalyst Trusteeship Limite) **
0.58
6.98% National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite)
0.58
6.56% Mahindra & Mahindra Financial Services Ltd.**
0.58
LIC Housing Finance Ltd.**
0.58
5.18% Sundaram Finance Ltd.**
0.58
6.4% National Bank for Agriculture & Rural Development**
0.58
6.15% Aditya Birla Finance Ltd.**
0.57
7% India Grid Trust ( IDBI Trusteeship Services Limited; Stepup 0.50% when downgrade to A) **
0.57
7.1% ICICI Bank Ltd.**
0.57
5.47% Power Finance Corporation Ltd. ( Milestone Trusteeship Services Pvt Ltd) **
0.57
Small Industries Development Bank Of India**
0.57
182 Days Treasury Bill 10/11/2022
0.57
5.53% National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite) **
0.57
182 Days Treasury Bill 22/12/2022
0.56
5.14% National Bank for Agriculture & Rural Development
0.56
AXIS Bank Ltd.**
0.56
5.78% LIC Housing Finance Ltd.**
0.55
HDFC Bank Ltd.**
0.55
8.03% Gujarat State Govt - 2025 - Gujarat
0.53
6.65% Grasim Industries Ltd.**
0.52
6.72% India Grid Trust ( IDBI Trusteeship Services Limited; Stepup 0.50% when downgrade to A) **
0.50
5.9% LIC Housing Finance Ltd.
0.40
8.15% Central Government - 2022
0.35
5.45% LIC Housing Finance Ltd.**
0.34
Mahindra & Mahindra Financial Services Ltd.**
0.29
7.2% Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.29
6.8% Hindustan Petroleum Corporation Ltd.
0.29
7.1% Power Finance Corporation Ltd.**
0.29
6.97% Karnataka State Govt - 2028 - Karnataka
0.28
9.75% Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) **
0.24
9% HDFC Ltd.**
0.18
Net Current Assets/(Liabilities)
0.15
7.55% Mahindra & Mahindra Financial Services Ltd.**
0.12
9.02% Rural Electrification Corporation Ltd.**
0.07
6.35% Power Finance Corporation Ltd. ( Milestone Trusteeship Services Pvt Ltd) **
0.06
7.84% Tamil Nadu State Govt - 2026 - Tamil Nadu
0.04
8.82% Rural Electrification Corporation Ltd.**
0.03
8.45% Punjab State Govt - 2023 - Punjab
0.02
9.5% Export-Import Bank of India**
0.00
8.8% Power Grid Corporation of India Ltd.**
0.00
8.5% Indian Railway Finance Corporation Ltd. ( Karvy Computershare Pvt. Ltd) **
0.00

Sector Holding%
Miscellaneous
68.93

Fund Manager

Deepak Agrawal

Education:Post Graduate in Commerce from Mumbai University, a qualified chartered account and a company secretary. Also cleared AIMR CFA Level
Experience:14 Years
Basic Details:Mr. Deepak Agrawal's career has started from Kotak AMC when he joined the organization in December 2002, where he was initially in Research, Dealing and then moved into Fund Management from November 2006.
Funds Managed:
Kotak Banking and PSU Debt Fund
Kotak Bond Short Term Fund
Kotak Bond Short Term Fund
Kotak Corporate Bond Fund
Kotak Credit Risk Fund
Kotak Dynamic Bond Fund
Kotak Floating Rate Fund
Kotak Floating Rate Fund
Kotak Liquid Fund
Kotak Low Duration Fund
Kotak Medium Term Fund
Kotak Money Market Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Overnight Fund
Kotak Savings Fund

Holding Type Holding %
CARE A1+
3.36
CARE AAA
0.34
Cash
2.24
CRISIL A1+
5.90
CRISIL AAA
50.48
FITCH AAA(IND)
3.43
FITCH IND AAA
0.99
ICRA AAA
9.10
ICRA AAA(CE)
4.61
SOV
19.57

About Kotak Corporate Bond Fund

Scheme Analysis

Kotak Corporate Bond Fund is a Debt - Corporate Bond Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 21-Sep-2007 and currently has an AUM of ₹8,666.76 crore. Kotak Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and CRISIL Corporate Bond Index as secondary index.

The NAV of Kotak Corporate Bond Fund ended up ₹3.47(0.11%)yesterday to ₹3050.2773.

Among its top 3 holdings the fund has exposure to Central Government - 2033(^), and

The Kotak Corporate Bond Fund is managed by Deepak Agrawal .

Fund House Contact

Address:

27 BKC, C-27, G Block, Bandra Kurla Complex, Bandra (E), Mumbai - 400 051

Phone Number: +91 (22) 66384400

Email Address: mutual@kotak.com

Fax Number: +91 (22) 66384455

Website: http://assetmanagement.kotak.com/

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