Kotak Corporate Bond Fund - Growth - Regular Plan

Item: Kotak Corporate Bond Fund - Growth - Regular Plan
Rating: 5
Author: PersonalFN

₹2909.1139 0.01 %Nav, as on 12-04-2021
Previous Nav
₹ 2908.7306
Net Change on 12-04-2021
₹0.38
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 8,884.12
Expense Ratio
0.65%
(As on Feb 28, 2021)

Fund Overview Growth | Regular Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
21-Sep-2007
Benchmark
Crisil 1 Yr T-Bill 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 (₹)
2684.38
52 Week Low Nav Date
15-Apr-2020
52 Week High Nav (₹)
2909.11
52 Week High Nav Date
12-Apr-2021

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	11.47	1.50	8.48	8.33	8.11	8.19
Crisil 1 Yr T-Bill 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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007	8.48	8.33	8.11	0.65	8,884.12
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010	10.43	8.91	8.54	0.60	29,880.38
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997	10.81	8.99	8.54	0.46	23,508.49
IDFC CBF_Regular Plan_Growth	Jan 12, 2016	10.61	8.14	7.98	0.58	22,942.72
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009	9.80	8.38	8.08	0.59	19,145.81
L&T Triple Ace Bond Fund-Regular Plan-Growth Plan	Mar 31, 1997	11.49	9.59	8.06	0.63	6,974.22

Fund Holdings as on 31-March-2021

Company % Assets
Net Current Assets/(Liabilities)
6.69
Triparty Repo
5.13
Rural Electrification Corporation Ltd.**
4.33
HDFC Ltd.(^)**
4.25
State Bank Of India.(^)
3.59
National Bank for Agriculture & Rural Development ( Axis Trustee Services Ltd) **
3.38
182 Days Treasury Bill 03/06/2021
3.05
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
2.60
Power Finance Corporation Ltd.**
2.51
LIC Housing Finance Ltd. ( Catalyst Trusteeship Limite) **
2.26
Bajaj Housing Finance Ltd. ( Catalyst Trusteeship Limite) (^)**
2.24
State Bank Of India.**
2.12
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) (^)**
2.05
HDB Financial Services Ltd.**
1.97
Power Finance Corporation Ltd.**
1.89
State Government - 2027 - Tamil Nadu(^)
1.77
Grasim Industries Ltd.(^)**
1.72
Rural Electrification Corporation Ltd.
1.70
Bajaj Finance Ltd.**
1.47
HDB Financial Services Ltd.**
1.44
HDFC Ltd.
1.37
Indian Railway Finance Corporation Ltd.**
1.21
State Government - 2027 - Gujarat(^)
1.18
Tata Capital Financial Services Limited**
1.18
Power Finance Corporation Ltd.
1.17
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.16
Central Government - 2021
1.16
State Government - 2028 - Karnataka
1.14
EMBASSY OFFICE PARKS REIT**
1.14
Central Government - 2021
1.13
Mindspace Business Parks REIT ( IDBI Trusteeship Services Limited, Stepup 25 bps for each rating downgrad) **
1.13
Kotak Mahindra Prime Ltd.(^)**
1.13
AXIS Bank Ltd.(^)**
1.12
Central Government - 2033
1.12
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limite) **
1.11
HDFC Ltd.**
1.10
Bajaj Housing Finance Ltd.**
1.08
HDFC Ltd.**
1.08
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.86
Power Finance Corporation Ltd. ( BEACON TRUSTEESHIP LIMITE) **
0.85
National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite)
0.85
Mangalore Refinery and Petrochemicals Ltd. ( SBICAP TRUSTEE COMPANY LIMITE) **
0.84
Rural Electrification Corporation Ltd.**
0.82
HDB Financial Services Ltd.**
0.79
EMBASSY OFFICE PARKS REIT**
0.68
EMBASSY OFFICE PARKS REIT**
0.65
Rural Electrification Corporation Ltd.(^)**
0.62
State Government - 2023 - Kerala(^)
0.60
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) (^)**
0.60
Power Finance Corporation Ltd.
0.59
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
0.59
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limite) **
0.59
LIC Housing Finance Ltd.**
0.58
Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) **
0.58
National Highways Authority Of India**
0.58
Tata Capital Financial Services Limited ( VISTRA ITCL (India) Limite) **
0.56
Sundaram Finance Ltd.**
0.56
ICICI Bank Ltd.(^)**
0.56
IDFC First Bank Limited**
0.56
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.55
Grasim Industries Ltd.(^)**
0.52
LIC Housing Finance Ltd.**
0.51
State Government - 2030 - Karnataka
0.49
National Bank for Agriculture & Rural Development**
0.48
HDB Financial Services Ltd.**
0.47
Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) **
0.47
Rural Electrification Corporation Ltd.**
0.46
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
0.45
LIC Housing Finance Ltd.**
0.40
Central Government - 2022
0.35
HDB Financial Services Ltd.**
0.34
First Business Receivables Trust ( Originator Reliance Industries Ltd ) **
0.34
First Business Receivables Trust ( Originator Reliance Industries Ltd ) **
0.30
LIC Housing Finance Ltd.**
0.29
LIC Housing Finance Ltd.**
0.29
State Government - 2027 - Tamil Nadu
0.29
Reliance Industries Ltd.**
0.28
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
0.28
Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) **
0.25
Indian Railway Finance Corporation Ltd.**
0.24
Kotak Mahindra Bank Ltd.**
0.18
Small Industries Development Bank Of India**
0.18
HDB Financial Services Ltd.**
0.16
State Government - 2023 - Punjab
0.13
Mahindra & Mahindra Financial Services Ltd.**
0.12
364 Days Treasury Bill 29/04/2021
0.11
Indian Railway Finance Corporation Ltd.**
0.06
HDFC Ltd. ( IDBI Trusteeship Services Limite)
0.06
National Bank for Agriculture & Rural Development**
0.06
Bhopal Dhule Transmission Company Ltd. ( Operational power transmission project ) **
0.05
Central Government - 2025
0.04
HDFC Ltd.**
0.03

Sector Holding%
Miscellaneous
73.31

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:
Axis Banking ETF
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 AAA
2.55
Cash
11.82
CRISIL A1+
1.64
CRISIL AAA
57.49
CRISIL AAA(SO)
0.64
FITCH AAA(IND)
0.84
FITCH IND AAA
0.12
ICRA AAA
7.27
ICRA AAA(CE)
5.08
Sov
12.56

About Kotak Corporate Bond Fund

NULL

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 ₹8,884.12 crore. Kotak Corporate Bond Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and CRISIL Corporate Bond Index as secondary index.

The NAV of Kotak Corporate Bond Fund ended up ₹0.38(0.01%)yesterday to ₹2909.1139.

Among its top 3 holdings the fund has exposure to Net Current Assets/(Liabilities), 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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