Kotak Floating Rate Fund - Growth - Direct Plan

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  • Net Change on 27-02-2020

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Fund Overview Growth | Direct Plan

  • Fund House

  • Launch Date

  • Benchmark

  • Minimum Investment (₹)

  • Minimum Addl Investment (₹)

  • Exit Load (%)

  • Minimum SIP Investment (₹)

  • Minimum STP Investment (₹)

  • Minimum SWP Investment (₹)

  • 52 Week Low Nav (₹)

  • 52 Week Low Nav Date

  • 52 Week High Nav (₹)

  • 52 Week High Nav Date

Fund Objective

The primary objective of the Scheme is to generate income through investment primarily in floating rate debt instruments, fixed rate debt instruments swapped for floating rate returns and money market instruments.However, there is no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Performance

Scheme Name 1-Month Return (%) 3-Month Return (%) 1-Year Return (%) 3-Year Return (%) 5-Year Return (%) Since Inception
NIFTY Ultra Short Duration Debt 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.)
HDFC Floating Rate Debt Fund - Direct Plan - Growth Option Jan 01, 2013 Unrated 8.75 7.74 8.19 0.23 11,035.58
Aditya Birla Sun Life Floating Rate Fund-Direct Plan-Growth Jan 01, 2013 8.97 8.00 8.54 0.16 8,452.45
ICICI Prudential Floating Interest Fund - Direct Plan - Growth Jan 01, 2013 9.76 8.10 8.68 0.56 8,125.80
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 10.32 7.84 8.23 0.20 6,596.80
Franklin India Floating Rate Fund - Direct - Growth Dec 31, 2012 Unrated 8.24 7.39 7.25 0.44 420.52

Fund Holdings as on 31-January-2020

  • Triparty Repo

  • Central Government - 2024

  • Power Finance Corporation Ltd.

  • ICICI Bank Ltd.

  • JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group )

  • Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd )

  • National Bank for Agriculture & Rural Development

  • Bank Of Baroda

  • Central Government - 2020

  • Reliance Jio Infocomm Ltd.

  • LIC Housing Finance Ltd.

  • State Bank Of India.

  • HDB Financial Services Ltd.

  • Net Current Assets/(Liabilities)

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  • Miscellaneous

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About Kotak Floating Rate Fund

Scheme Analysis

Kotak Floating Rate Fund is a Debt - Floater Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 14-May-2019 and currently has an AUM of ₹28.97 crore. Kotak Floating Rate Fund is benchmarked against NIFTY Ultra Short Duration Debt Index as primary index.

The NAV of Kotak Floating Rate Fund ended up ₹0.12(0.01%)yesterday to ₹1059.6268.

Among its top 3 holdings the fund has exposure to Triparty Repo, and

The Kotak Floating Rate Fund is managed by Deepak Agrawal and Arjun Khanna.

Fund House Contact

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

+91 (22) 66384400
mutual@kotak.com
+91 (22) 66384455

Fund Manager

  • CARE AA(CE)

  • Cash

  • CRISIL AA+

  • CRISIL AAA

  • FITCH AAA(IND)

  • Sov

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