Kotak Floating Rate Fund - Growth - Regular Plan

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  • (-0.04%)Nav, as on 28-05-2020

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  • Net Change on 28-05-2020

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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
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 10.04 7.76 7.88 0.54 8,963.90
HDFC Floating Rate Debt Fund - Wholesale Growth Option Oct 23, 2007 Unrated 8.55 7.72 8.03 0.38 8,933.16
Aditya Birla Sun Life Floating Rate Fund-Regular Plan-Growth Mar 25, 2009 8.79 7.98 8.32 0.36 6,133.16
ICICI Prudential Floating Interest Fund - Growth Nov 17, 2005 8.09 7.19 7.68 1.31 6,018.18
Franklin India Floating Rate Fund - Growth Plan Apr 23, 2001 Unrated 6.66 6.57 6.38 0.95 250.27

Fund Holdings as on 30-April-2020

  • Central Government - 2020

  • National Bank for Agriculture & Rural Development**

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

  • Reliance Industries Ltd.**

  • LIC Housing Finance Ltd.**

  • Triparty Repo

  • Central Government - 2024

  • Power Finance Corporation Ltd.

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

  • Bank Of Baroda**

  • ICICI Bank Ltd. - (AT1 Bonds)**

  • Net Current Assets(Liabilities)

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

  • HDB Financial Services Ltd.**

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  • Miscellaneous

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Fund Manager

  • CARE AA(CE)

  • Cash

  • CRISIL AA+

  • CRISIL AAA

  • FITCH AAA(IND)

  • 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 ₹84.33 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 down ₹-0.43(-0.04%)yesterday to ₹1078.6904.

Among its top 3 holdings the fund has exposure to Central Government - 2020, 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