Kotak Corporate Bond Fund - Growth - Direct Plan

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

₹2971.8083 (-0.09%)Nav, as on 22-01-2021
Previous Nav
₹ 2974.3903
Net Change on 22-01-2021
₹-2.58
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 8,181.41
Expense Ratio
0.32%
(As on Dec 31, 2020)

Fund Overview Growth | Direct Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
11-Jan-2013
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 (₹)
2703.61
52 Week Low Nav Date
24-Mar-2020
52 Week High Nav (₹)
2988.50
52 Week High Nav Date
08-Jan-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- Direct Plan- Growth Option	0.76	4.81	9.29	9.05	8.75	8.95
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- Direct Plan- Growth Option	Jan 11, 2013	9.29	9.05	8.75	0.32	8,181.41
HDFC Corporate Bond Fund -Direct Plan - Growth Option	Jan 01, 2013	11.47	9.51	9.14	0.30	29,219.84
Aditya Birla Sun Life Corporate Bond Fund - Growth - Direct Plan	Jan 01, 2013	11.27	9.43	8.99	0.30	24,939.53
IDFC CBF_Direct Plan_Growth	Jan 12, 2016	11.14	8.87	8.71	0.27	22,905.76
ICICI Prudential Corporate Bond Fund - Direct Plan - Growth	Jan 02, 2013	10.28	9.13	8.81	0.28	19,716.29
L&T Triple Ace Bond Fund - Direct Plan -Growth Plan	Jan 01, 2013	12.15	10.42	9.35	0.27	6,556.84

Fund Holdings as on 31-December-2020

Company % Assets
Rural Electrification Corporation Ltd.**
4.77
HDFC Ltd.(^)
4.71
182 Days Treasury Bill 03/06/2021
4.19
State Bank Of India.(^)**
4.06
Triparty Repo
3.62
Net Current Assets/(Liabilities)
3.55
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
2.85
Power Finance Corporation Ltd.**
2.77
Central Government - 2029
2.65
Indian Railway Finance Corporation Ltd.(^)**
2.49
Bajaj Housing Finance Ltd. ( Catalyst Trusteeship Limite) (^)**
2.45
State Bank Of India.**
2.37
Central Government - 2030
2.30
HDB Financial Services Ltd.**
2.15
State Government - 2027 - Tamil Nadu(^)
1.97
Grasim Industries Ltd.(^)**
1.89
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
1.86
Bajaj Finance Ltd.**
1.58
HDB Financial Services Ltd.**
1.55
91 Days Treasury Bill 18/03/2021
1.52
Indian Railway Finance Corporation Ltd.(^)**
1.37
Indian Railway Finance Corporation Ltd.**
1.33
State Government - 2027 - Gujarat(^)
1.32
Central Government - 2022
1.30
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.28
State Government - 2028 - Karnataka
1.27
Rural Electrification Corporation Ltd.**
1.25
EMBASSY OFFICE PARKS REIT**
1.25
AXIS Bank Ltd.**
1.25
HDFC Ltd.**
1.25
HDFC Ltd.**
1.24
Kotak Mahindra Prime Ltd.(^)**
1.24
Power Finance Corporation Ltd.**
1.23
HDFC Ltd.
1.22
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limite)
1.22
Mindspace Business Parks REIT ( IDBI Trusteeship Services Limited, Stepup 25 bps for each rating downgrad) **
1.22
364 Days Treasury Bill 29/04/2021
1.21
HDFC Ltd.**
1.19
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.95
Mangalore Refinery and Petrochemicals Ltd. ( SBICAP TRUSTEE COMPANY LIMITE)
0.92
Power Finance Corporation Ltd.**
0.90
Rural Electrification Corporation Ltd.**
0.90
HDB Financial Services Ltd.**
0.87
Central Government - 2026
0.73
EMBASSY OFFICE PARKS REIT**
0.73
EMBASSY OFFICE PARKS REIT**
0.69
Rural Electrification Corporation Ltd.(^)**
0.67
State Government - 2023 - Kerala(^)
0.66
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) (^)**
0.66
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
0.65
Power Finance Corporation Ltd.**
0.65
LIC Housing Finance Ltd.**
0.64
ICICI Bank Ltd.(^)**
0.64
Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) **
0.64
Sundaram Finance Ltd.**
0.62
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.61
LIC Housing Finance Ltd.
0.56
State Government - 2030 - Karnataka
0.55
National Bank for Agriculture & Rural Development**
0.53
Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) **
0.51
HDB Financial Services Ltd.**
0.51
Rural Electrification Corporation Ltd.**
0.51
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
0.50
LIC Housing Finance Ltd.**
0.44
Central Government - 2022
0.39
HDB Financial Services Ltd.**
0.38
First Business Receivables Trust ( Originator Reliance Industries Ltd ) **
0.37
First Business Receivables Trust ( Originator Reliance Industries Ltd ) **
0.33
HDFC Ltd.
0.32
LIC Housing Finance Ltd.**
0.32
Grasim Industries Ltd.(^)**
0.32
LIC Housing Finance Ltd.**
0.32
Reliance Industries Ltd.**
0.31
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
0.31
Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) **
0.28
Kotak Mahindra Bank Ltd.**
0.19
Small Industries Development Bank Of India**
0.19
HDB Financial Services Ltd.**
0.17
Tata Sons Private Ltd.**
0.16
State Government - 2023 - Punjab
0.15
Mahindra & Mahindra Financial Services Ltd.**
0.13
National Bank for Agriculture & Rural Development**
0.06
Bhopal Dhule Transmission Company Ltd. ( Operational power transmission project ) **
0.05
Central Government - 2025
0.05
HDFC Ltd.**
0.04

Sector Holding%
Miscellaneous
71.87

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
0.32
Cash
7.17
CRISIL AAA
63.48
CRISIL AAA(SO)
0.70
FITCH AAA(IND)
0.92
FITCH IND AAA
0.13
ICRA AAA
1.45
ICRA AAA(CE)
5.59
SOV
20.26

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 11-Jan-2013 and currently has an AUM of ₹8,181.41 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 down ₹-2.58(-0.09%)yesterday to ₹2971.8083.

Among its top 3 holdings the fund has exposure to Rural Electrification Corporation Ltd.**, 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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