Kotak Corporate Bond Fund - Growth - Direct Plan

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

₹2816.6453 (-0.01%)Nav, as on 05-06-2020
Previous Nav
₹ 2817.0511
Net Change on 05-06-2020
₹-0.41
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 4,031.53
Expense Ratio
0.28%
(As on Apr 30, 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 (₹)
2571.72
52 Week Low Nav Date
11-Jun-2019
52 Week High Nav (₹)
2817.05
52 Week High Nav Date
04-Jun-2020

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	16.82	8.65	9.43	8.52	8.65	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	9.43	8.52	8.65	0.28	4,031.53
Aditya Birla Sun Life Corporate Bond Fund - Growth - Direct Plan	Jan 01, 2013	10.69	8.64	8.90	0.30	17,647.81
HDFC Corporate Bond Fund -Direct Plan - Growth Option	Jan 01, 2013	11.07	8.71	8.95	0.30	14,518.19
ICICI Prudential Corporate Bond Fund - Direct Plan - Growth	Jan 02, 2013	10.49	8.43	8.75	0.25	11,860.11
L&T Triple Ace Bond Fund - Direct Plan -Growth Plan	Jan 01, 2013	14.77	9.79	9.24	0.29	3,314
Invesco India Corporate Bond Fund - Direct Plan - Growth	Jan 01, 2013	10.69	7.27	8.46	0.20	1,266.46

Fund Holdings as on 30-April-2020

Company % Assets
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
5.52
HDFC Ltd.
5.44
Reliance Industries Ltd.**
4.23
National Bank for Agriculture & Rural Development**
4.20
Small Industries Development Bank Of India**
4.05
HDFC Ltd.
3.70
Central Government - 2026(^)
3.46
Rural Electrification Corporation Ltd.**
3.37
AXIS Bank Ltd.
3.06
Central Government - 2024
2.93
Bajaj Finance Ltd.**
2.93
Power Finance Corporation Ltd.**
2.90
LIC Housing Finance Ltd.
2.52
Reliance Industries Ltd.**
2.51
HDB Financial Services Ltd.**
2.51
L & T Infrastructure Finance Company Ltd.**
2.45
AXIS Bank Ltd.
2.43
Power Finance Corporation Ltd.**
2.42
LIC Housing Finance Ltd.**
2.35
HDB Financial Services Ltd.**
2.00
Power Finance Corporation Ltd.
1.90
Reliance Industries Ltd.
1.89
Reliance Industries Ltd.**
1.74
Net Current Assets(Liabilities)
1.52
HDFC Ltd.**
1.27
Rural Electrification Corporation Ltd.**
1.25
Rural Electrification Corporation Ltd.**
1.24
Mahindra & Mahindra Financial Services Ltd.**
1.23
ICICI Bank Ltd.(^)
1.22
HDFC Ltd.(^)
1.11
National Bank for Agriculture & Rural Development**
1.05
HDB Financial Services Ltd.**
1.01
Reliance Industries Ltd. ( Irrevocably and unconditionally guaranteed by Reliance Industries ) **
1.00
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.00
Rural Electrification Corporation Ltd.
0.99
LIC Housing Finance Ltd.**
0.98
Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) **
0.97
Rural Electrification Corporation Ltd.**
0.88
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.68
Food Corporation of India**
0.66
State Bank Of India.(^)
0.66
LIC Housing Finance Ltd.(^)**
0.64
Power Finance Corporation Ltd.**
0.63
Power Finance Corporation Ltd.**
0.63
Power Finance Corporation Ltd.**
0.62
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
0.62
HDFC Ltd.**
0.62
Small Industries Development Bank Of India
0.61
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.61
LIC Housing Finance Ltd.
0.61
L & T Housing Finance Ltd.**
0.60
Oriental Bank of Commerce
0.60
Power Finance Corporation Ltd.(^)
0.55
Rural Electrification Corporation Ltd.**
0.50
Indian Railway Finance Corporation Ltd.(^)**
0.40
Small Industries Development Bank Of India
0.39
LIC Housing Finance Ltd.**
0.38
HDB Financial Services Ltd.**
0.34
Tata Sons Private Ltd.
0.32
AXIS Bank Ltd.
0.25
Powergrid Vizag Transminssion Ltd. ( backed by unconditional and irrevocable guarantee by Powergrid Corp )
0.17
State Government - 2023 - Punjab
0.17
National Bank for Agriculture & Rural Development**
0.13
Mahindra & Mahindra Financial Services Ltd.**
0.12
Bhopal Dhule Transmission Company Ltd. ( Operational power transmission project ) **
0.10
Triparty Repo
0.09
Bajaj Finance Ltd.**
0.06
Grasim Industries Ltd.**
0.02

Sector Holding%
Miscellaneous
82.98

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 AAA
7.78
Cash
1.61
CRISIL A1+
4.52
CRISIL AAA
65.00
CRISIL AAA(CE)
0.66
CRISIL AAA(SO)
1.29
FITCH IND AAA
1.41
ICRA A1+
2.43
ICRA AAA
1.61
ICRA AAA(CE)
7.14
SOV
6.56

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 11-Jan-2013 and currently has an AUM of ₹4,031.53 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 ₹-0.41(-0.01%)yesterday to ₹2816.6453.

Among its top 3 holdings the fund has exposure to Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro 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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