Kotak Floating Rate Fund - Growth - Direct Plan

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  • Net Change on 20-09-2021

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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
Crisil 1 Yr T-Bill Index N/A N/A N/A N/A N/A N/A
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 6.37 8.05 7.68 0.23 22,077.29
Aditya Birla Sun Life Floating Rate Fund-Direct Plan-Growth Jan 01, 2013 5.28 7.82 7.63 0.23 21,707.12
Nippon India Floating Rate Fund - Direct Plan Growth Plan - Growth Option Jan 01, 2013 6.60 9.13 7.94 0.24 18,784.04
ICICI Prudential Floating Interest Fund - Direct Plan - Growth Jan 01, 2013 7.25 8.68 8.25 0.58 13,630.70
Franklin India Floating Rate Fund - Direct - Growth Dec 31, 2012 5.23 6.75 6.72 0.28 360.80

Fund Holdings as on 31-August-2021

  • Triparty Repo

  • Central Government - 2033

  • Power Finance Corporation Ltd. ( Milestone Trusteeship Services Pvt Ltd) **

  • National Bank for Agriculture & Rural Development(^)

  • Central Government - 2025(^)

  • Rural Electrification Corporation Ltd.(^)

  • State Government - 2025 - Gujarat(^)

  • Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) (^)**

  • Central Government - 2024

  • Sundaram Finance Ltd. ( IDBI Trusteeship Services Limite) (^)**

  • State Government - 2025 - Gujarat(^)

  • Indian Bank(^)**

  • ONGC Petro Additions Ltd.(^)**

  • LIC Housing Finance Ltd.(^)

  • HDFC Ltd.(^)**

  • Canara Bank(^)**

  • Power Finance Corporation Ltd.(^)**

  • National Bank for Agriculture & Rural Development ( Axis Trustee Services Limite) (^)

  • 182 Days Treasury Bill 10/09/2021

  • Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limited) (^)**

  • ICICI Bank Ltd.(^)- AT1 Bonds**

  • AXIS Bank Ltd.**

  • State Government - 2025 - Rajasthan(^)

  • Central Government - 2025

  • State Government - 2025 - Kerala(^)

  • PTC First Business Receivables Trust (Series 22) 01/07/2025(First Business Receivables Trust)**

  • LIC Housing Finance Ltd. ( Catalyst Trusteeship Limite) (^)**

  • PTC First Business Receivables Trust (Series 21) 01/04/2025(First Business Receivables Trust)**

  • Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limited) (^)**

  • Bajaj Housing Finance Ltd. ( Catalyst Trusteeship Limite) (^)**

  • HDB Financial Services Ltd.**

  • State Bank Of India.(^)**

  • Power Finance Corporation Ltd. ( Milestone Trusteeship Services Pvt Ltd) (^)

  • Kotak Mahindra Prime Ltd.(^)**

  • Bank Of Baroda(^)**

  • National Bank for Agriculture & Rural Development**

  • AXIS Bank Ltd.(^)**

  • State Government - 2025 - Assam

  • LIC Housing Finance Ltd.**

  • State Government - 2025 - Punjab

  • State Bank Of India.- AT1 Bonds**

  • Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limite) **

  • LIC Housing Finance Ltd.(^)**

  • State Government - 2025 - Uttar Pradesh

  • State Government - 2025 - Haryana(^)

  • State Bank Of India.- AT1 Bonds**

  • State Government - 2025 - Telangana

  • State Government - 2025 - Punjab

  • State Government - 2025 - Uttar Pradesh

  • State Government - 2025 - Chattisgarh

  • Bajaj Finance Ltd. ( Catalyst Trusteeship Limite)

  • GS CG 02/01/2025 - (STRIPS)

  • State Government - 2025 - Telangana

  • Indian Railway Finance Corporation Ltd.**

  • Power Finance Corporation Ltd.**

  • State Bank Of India.- AT1 Bonds**

  • HDFC Ltd.

  • Net Current Assets/(Liabilities)

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL A1+

  • CRISIL AA+

  • CRISIL AAA

  • CRISIL AAA(SO)

  • FITCH AAA(IND)

  • FITCH IND AA+

  • FITCH IND AAA

  • ICRA AAA

  • ICRA AAA(CE)

  • SOV

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About Kotak Floating Rate Fund

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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 ₹7,382.15 crore. Kotak Floating Rate Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and NIFTY Ultra Short Duration Debt Index as secondary index.

The NAV of Kotak Floating Rate Fund ended up ₹0.93(0.08%)yesterday to ₹1207.2813.

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

The Kotak Floating Rate Fund is managed by Deepak Agrawal .

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