Kotak Floating Rate Fund - Growth - Regular Plan

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  • 0.03 %Nav, as on 23-10-2020

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  • Net Change on 23-10-2020

  • PersonalFN Rating

  • Assets (Cr.)

  • Expense Ratio

Fund Overview Growth | Regular 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 - Wholesale Growth Option Oct 23, 2007 8.97 8.06 8.10 0.48 13,350.52
Nippon India Floating Rate Fund - Growth Plan-Growth Option Sep 02, 2004 11.11 8.13 8.09 0.57 12,371.52
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 9.17 7.74 7.90 1.31 9,843.69
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 8.77 8.13 8.30 0.36 7,110.25
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 Unrated 6.33 6.75 6.48 0.95 162.59

Fund Holdings as on 30-September-2020

  • ONGC Petro Additions Ltd.(^)**

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

  • Power Finance Corporation Ltd.(^)**

  • ICICI Bank Ltd.(^) - (AT1 bonds)**

  • Reliance Industries Ltd.(^)**

  • Rural Electrification Corporation Ltd.(^)

  • State Government - 2024 - Assam

  • National Bank for Agriculture & Rural Development(^)**

  • Bank Of Baroda**

  • AXIS Bank Ltd.(^)

  • LIC Housing Finance Ltd.(^)

  • State Bank Of India. - (AT1 bonds)

  • State Government - 2024 - Chattisgarh

  • LIC Housing Finance Ltd.

  • Triparty Repo

  • Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **

  • Net Current Assets/(Liabilities)

  • Indian Railway Finance Corporation Ltd.**

  • Bank Of Baroda - (AT1 bonds)**

  • Central Government - 2024

  • State Bank Of India. - (AT1 bonds)**

  • HDFC Ltd.

  • HDB Financial Services Ltd.**

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  • Miscellaneous

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Fund Manager

  • Cash

  • CRISIL AA+

  • CRISIL AAA

  • FITCH AAA(IND)

  • ICRA AAA(CE)

  • SOV

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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 ₹1,584.66 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 ₹0.29(0.03%)yesterday to ₹1136.7791.

Among its top 3 holdings the fund has exposure to ONGC Petro Additions Ltd.(^)**, 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