Kotak Low Duration Fund - Growth - Regular Plan

Item: Kotak Low Duration Fund - Growth - Regular Plan
Rating: 1
Author: PersonalFN

₹2614.7114 (-0.01%)Nav, as on 15-01-2021
Previous Nav
₹ 2615.049
Net Change on 15-01-2021
₹-0.34
PersonalFN Rating
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 11,677.83
Expense Ratio
1.15%
(As on Dec 31, 2020)

Fund Overview Growth | Regular Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
06-Mar-2008
Benchmark
Crisil 1 Yr T-Bill Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
1,000
52 Week Low Nav (₹)
2421.65
52 Week Low Nav Date
24-Mar-2020
52 Week High Nav (₹)
2618.52
52 Week High Nav Date
08-Jan-2021

Fund Objective

The primary objective of the Scheme is to generate income through investment primarily in low duration debt & money market securities.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Kotak Low Duration Fund- Regular Plan-Growth Option	2.23	4.24	7.57	7.76	7.87	7.75
Crisil 1 Yr T-Bill Index	N/A	N/A	N/A	N/A	N/A	N/A
Crisil Short Term Bond Fund Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Low 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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Low Duration Fund- Regular Plan-Growth Option	Mar 06, 2008	7.57	7.76	7.87	1.15	11,677.83
ICICI Prudential Savings Fund - Growth	Sep 27, 2002	8.38	8.16	8.11	0.55	29,895.37
HDFC Low Duration Fund- Retail Growth	Nov 18, 1999	8.00	7.50	7.49	1.04	25,421.08
Aditya Birla Sun Life Low Duration Fund - Growth Plan	May 14, 1998	7.37	7.59	7.52	1.22	19,972.03
Axis Treasury Advantage Fund - Regular Plan - Growth Option	Oct 09, 2009	7.04	7.71	7.57	0.61	10,144.21
Nippon India Low Duration Fund- Growth Plan - Growth Option	Mar 20, 2007	6.94	7.13	7.31	1.04	8,164.56

Fund Holdings as on 31-December-2020

Company % Assets
Net Current Assets/(Liabilities)
4.45
Reliance Industries Ltd.**
4.25
National Bank for Agriculture & Rural Development**
4.22
Triparty Repo
4.07
364 Days Treasury Bill 29/04/2021
3.39
Central Government - 2021
3.05
Sundaram Finance Ltd.**
3.04
IndusInd Bank Ltd.**
2.78
Central Government - 2022(^)
2.54
HDFC Ltd.**
2.39
HDFC Ltd.
2.33
State Bank Of India.**
1.90
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.82
Central Government - 2024
1.74
HDFC Ltd.
1.72
Tata Steel Ltd.**
1.69
Manappuram Finance Ltd.(^)**
1.57
Tata Steel Ltd.**
1.51
EMBASSY OFFICE PARKS REIT**
1.45
Muthoot Finance Ltd.(^)**
1.43
HDFC Ltd.**
1.35
Rural Electrification Corporation Ltd.**
1.35
LIC Housing Finance Ltd. ( Vistra ITCL (India) Limite) **
1.32
Hindustan Zinc Ltd.**
1.25
HDB Financial Services Ltd.**
1.20
Bharti Telecom Ltd.(^)**
1.12
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.11
LIC Housing Finance Ltd.(^)**
1.10
Kotak Mahindra Prime Ltd.**
1.09
Bharti Airtel Ltd.**
1.04
State Government - 2024 - Chattisgarh(^)
0.93
Central Government - 2029
0.93
State Government - 2023 - Haryana(^)
0.92
Tata Steel Ltd.**
0.92
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
0.91
L & T Infrastructure Finance Company Ltd.(^)**
0.90
Reliance Industries Ltd.(^)**
0.89
L & T Infrastructure Finance Company Ltd.**
0.87
Hindustan Zinc Ltd. ( Stepup for each notch downgrade 0.87
Bahadur Chand Investments Private Limited**
0.86
Canara Bank ( SBICAP Trustee Company Ltd) - (AT1 bonds)**
0.86
Mindspace Business Parks REIT ( IDBI Trusteeship Services Limited, Stepup 25 bps for each rating downgrad) **
0.86
Reliance Industries Ltd.**
0.85
182 Days Treasury Bill 11/02/2021
0.85
IndusInd Bank Ltd.**
0.85
182 Days Treasury Bill 04/03/2021
0.85
Indostar Capital Finance Limited ( STEP UP 25 BPS RATING DOWNGRAD) **
0.85
182 Days Treasury Bill 18/03/2021
0.85
Tata Projects Ltd.(^)**
0.82
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.81
HDFC Ltd.
0.79
Rural Electrification Corporation Ltd.**
0.72
Power Finance Corporation Ltd.(^)**
0.68
HDFC Ltd.**
0.67
Union Bank of India**
0.67
Punjab National Bank**
0.65
Central Government - 2031
0.64
Oberoi Realty Limited ( coupon reset after 3 years, Stepup for each notch downgrade redemption <=A) **
0.64
India Grid Trust ( IDBI Trusteeship Services Limited; Stepup 0.50% when downgrade to A) **
0.63
Bank Of Baroda ( IDBI Trustsheep Services Limite) - (AT1 bonds)
0.62
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.62
Punjab & Sind Bank - (AT1 bonds)**
0.55
EMBASSY OFFICE PARKS REIT**
0.51
364 Days Treasury Bill 07/05/2021
0.51
MOBIL TRUST SERIES-07 PTC 20-11-2021 (C)(Mobil Trust Series - 07)**
0.48
Bajaj Finance Ltd.**
0.45
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.44
State Bank Of India. - (AT1 bonds)**
0.44
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) **
0.44
Power Finance Corporation Ltd.**
0.43
Godrej Properties Limited**
0.43
364 Days Treasury Bill 17/06/2021
0.42
Power Finance Corporation Ltd.**
0.42
Kotak Mahindra Prime Ltd.**
0.39
Punjab National Bank**
0.38
Rural Electrification Corporation Ltd.**
0.36
Muthoot Finance Ltd.**
0.26
Oberoi Realty Limited ( Stepup for each notch downgrade redemption <=A) **
0.25
First Business Receivables Trust ( Originator Reliance Industries Ltd ) **
0.24
First Business Receivables Trust ( Originator Reliance Industries Ltd ) **
0.23
First Business Receivables Trust ( Originator Reliance Industries Ltd ) **
0.23
Food Corporation of India**
0.23
Rural Electrification Corporation Ltd.**
0.22
Punjab National Bank**
0.22
Central Government - 2033
0.21
Reliance Industries Ltd.**
0.21
Reliance Industries Ltd.**
0.21
Manappuram Finance Ltd.**
0.21
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.20
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) (^)**
0.19
HDFC Ltd.**
0.18
Bajaj Finance Ltd.**
0.17
GS CG 15/06/2021 - (STRIPS)
0.17
GS CG 15/12/2021 - (STRIPS)
0.17
GS CG15/062022 - (STRIPS)
0.16
State Government - 2021 - Orissa
0.16
Union Bank of India - (AT1 bonds)**
0.15
MOBIL TRUST SERIES-08 PTC 20-11-2021-(C)(Mobil Trust Series - 08)**
0.14
HDFC Ltd.**
0.13
Aditya Birla Finance Ltd.**
0.13
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.13
Canara Bank - (AT1 bonds)**
0.09
Canara Bank**
0.09
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.09
Small Industries Development Bank Of India**
0.06
State Government - 2026 - Rajasthan
0.05
HDFC Ltd.
0.04
HDFC Ltd.**
0.04
HDFC Ltd.**
0.01
Reliance Industries Ltd.**
0.00

Sector Holding%
Miscellaneous
54.92

Fund Manager

Deepak Agrawal

Education:Post Graduate in Commerce from Mumbai University, a qualified chartered account and a company secretary. Also cleared AIMR CFA Level
Experience:14 Years
Basic Details:Mr. Deepak Agrawal's career has started from Kotak AMC when he joined the organization in December 2002, where he was initially in Research, Dealing and then moved into Fund Management from November 2006.
Funds Managed:
Axis Banking ETF
Kotak Banking and PSU Debt Fund
Kotak Bond Short Term Fund
Kotak Bond Short Term Fund
Kotak Corporate Bond Fund
Kotak Credit Risk Fund
Kotak Dynamic Bond Fund
Kotak Floating Rate Fund
Kotak Floating Rate Fund
Kotak Liquid Fund
Kotak Low Duration Fund
Kotak Medium Term Fund
Kotak Money Market Fund
Kotak Money Market Fund
Kotak Overnight Fund
Kotak Overnight Fund
Kotak Savings Fund

Holding Type Holding %
CARE AA
1.69
CARE AA(CE)
0.63
CARE AA+
0.89
CARE AA-
3.61
CARE AAA
0.06
Cash
8.52
CRISIL A+(CE)
0.22
CRISIL A1+
16.67
CRISIL AA
4.12
CRISIL AA+
3.72
CRISIL AAA
32.31
CRISIL AAA(CE)
0.23
CRISIL AAA(SO)
1.32
FITCH IND AA
0.82
FITCH IND AA(CE)
0.81
ICRA A-
0.55
ICRA AA
1.29
ICRA AAA
0.13
ICRA AAA(CE)
3.84
SOV
18.54

About Kotak Low Duration Fund

NULL

Scheme Analysis

Kotak Low Duration Fund is a Debt - Low Duration Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 06-Mar-2008 and currently has an AUM of ₹11,677.83 crore. Kotak Low Duration Fund is benchmarked against Crisil 1 Yr T-Bill Index as primary index and Crisil Short Term Bond Fund Index as primary index and NIFTY Low Duration Debt Index as secondary index.

The NAV of Kotak Low Duration Fund ended down ₹-0.34(-0.01%)yesterday to ₹2614.7114.

Among its top 3 holdings the fund has exposure to Net Current Assets/(Liabilities), and

The Kotak Low Duration Fund is managed by Deepak Agrawal .

Fund House Contact

Address:

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

Phone Number: +91 (22) 66384400

Email Address: mutual@kotak.com

Fax Number: +91 (22) 66384455

Website: http://assetmanagement.kotak.com/

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