Kotak Floating Rate Fund - Growth - Regular Plan

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  • (-0.06%)Nav, as on 22-01-2021

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  • Net Change on 22-01-2021

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  • Assets (Cr.)

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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.)
Nippon India Floating Rate Fund - Growth Plan-Growth Option Sep 02, 2004 10.43 8.44 8.04 0.57 15,771.35
HDFC Floating Rate Debt Fund - Wholesale Growth Option Oct 23, 2007 8.75 8.20 8.06 0.48 15,273.59
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 9.08 8.12 7.96 1.41 12,059.33
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 7.77 8.04 8.11 0.39 8,925.72
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 Unrated 5.70 6.64 6.43 0.97 193.29

Fund Holdings as on 31-December-2020

  • Central Government - 2024(^)

  • AXIS Bank Ltd.**

  • HDFC Ltd.(^)

  • Rural Electrification Corporation Ltd.(^)**

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

  • Triparty Repo

  • ICICI Bank Ltd. - (AT1 bonds)**

  • Indian Bank**

  • Canara Bank**

  • Power Finance Corporation Ltd.(^)**

  • ONGC Petro Additions Ltd.(^)**

  • Indian Oil Corporation Ltd.(^)**

  • Central Government - 2025

  • Reliance Industries Ltd.**

  • Central Government - 2024

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

  • HDFC Ltd.(^)**

  • State Government - 2024 - Assam

  • State Bank Of India.(^)**

  • National Bank for Agriculture & Rural Development**

  • Rural Electrification Corporation Ltd.(^)**

  • Reverse Repo #

  • Bank Of Baroda**

  • LIC Housing Finance Ltd.(^)**

  • Net Current Assets/(Liabilities)

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

  • State Government - 2024 - Chattisgarh

  • State Bank Of India.**

  • Power Finance Corporation Ltd.(^)**

  • 91 Days Treasury Bill 11/02/2021

  • 182 Days Treasury Bill 11/02/2021

  • LIC Housing Finance Ltd.(^)**

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

  • State Government - 2025 - Punjab(^)

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

  • Export-Import Bank of India(^)**

  • State Government - 2025 - Rajasthan(^)

  • HDFC Ltd.(^)**

  • Indian Railway Finance Corporation Ltd.(^)**

  • Power 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)

  • FITCH IND AA+

  • FITCH IND AAA

  • 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 ₹4,226.17 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 down ₹-0.73(-0.06%)yesterday to ₹1152.0618.

Among its top 3 holdings the fund has exposure to Central Government - 2024(^), 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