Kotak Low Duration Fund - Growth - Regular Plan

₹2368.42 (-0.02%)Nav, as on 17-09-2019
Previous Nav
₹ 2368.8778
Net Change on 17-09-2019
₹-0.46
PersonalFN Rating

2 PersonalFN
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 4,758.44
Expense Ratio
1.06%
(As on Aug 31, 2019)

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 (₹)
2181.63
52 Week Low Nav Date
25-Sep-2018
52 Week High Nav (₹)
2368.88
52 Week High Nav Date
16-Sep-2019

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	9.90	9.71	8.43	7.64	8.41	7.76
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	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
Kotak Low Duration Fund- Regular Plan-Growth Option	Mar 06, 2008		8.43	7.64	8.41	1.06	4,758.44
ICICI Prudential Savings Fund - Growth	Sep 27, 2002		9.02	7.77	8.29	0.50	19,924.98
HDFC Low Duration Fund- Retail Growth	Nov 18, 1999	Unrated	8.43	7.13	7.54	1.01	15,625.87
Aditya Birla Sun Life Low Duration Fund - Growth Plan	May 14, 1998		8.83	7.32	7.79	1.23	9,170.04
SBI MAGNUM LOW DURATION FUND - REGULAR PLAN - GROWTH	Jul 26, 2007		8.83	7.54	7.99	0.96	7,533.61
Franklin India Low Duration Fund - Growth Plan	Jul 26, 2010		8.83	8.44	8.99	0.88	6,295.65

Fund Holdings as on 31-August-2019

Company % Assets
U P Power Corporation Ltd ( Guaranteed By UP State Government )
8.23
Manappuram Finance Ltd.
5.27
LIC Housing Finance Ltd.
4.81
Piramal Enterprises Ltd.
4.17
Sarvoday Advisory Services Pvt. Ltd. ( Secured by Equity shares of JSW Energy Ltd. and JSW Steel Ltd. )
3.73
Aasan Corporate Solutions Pvt. Ltd. ( Guaranteed by a Piramal Group of Company and Shree Krishna Trust )
3.67
ECL Finance Ltd.
3.66
Reliable Devices Trust ( Underlying customer Reliance Retail )
3.44
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd )
2.86
Reliance Jio Infocomm Ltd.
2.67
State Bank Of India.
2.64
HPCL Mittal Energy Ltd.
2.60
Andhra Bank
2.55
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd )
2.54
Sarvoday Advisory Services Pvt. Ltd. ( Secured by Equity shares of JSW Energy Ltd. and JSW Steel Ltd. )
2.49
Triparty Repo
2.39
Avendus Finance Pvt Ltd.
2.11
Rural Electrification Corporation Ltd.
2.00
HDFC Ltd.
1.98
Reliable Devices Trust ( Underlying customer Reliance Retail )
1.95
Net Current Assets/(Liabilities)
1.84
Rent A Device Trust ( Underlying customer Reliance Retail )
1.80
Rent A Device Trust ( Underlying customer Reliance Retail )
1.76
Bharti Telecom Ltd.
1.66
Power Finance Corporation Ltd.
1.60
Piramal Enterprises Ltd.
1.58
U P Power Corporation Ltd ( Guaranteed By UP State Government )
1.28
HPCL Mittal Energy Ltd.
1.10
HDFC Ltd.
1.08
Dalmia Cement (Bharat) Ltd
1.06
Rent A Device Trust ( Underlying customer Reliance Retail )
1.05
Godrej Properties Limited
1.04
ECL Finance Ltd.
1.04
Power Finance Corporation Ltd.
1.02
PNB Housing Finance Ltd.
0.93
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd )
0.84
Muthoot Finance Ltd.
0.82
Bank of Baroda
0.79
Rural Electrification Corporation Ltd.
0.75
Piramal Capital & Housing Finance Ltd.
0.72
JM Financial Products Limited
0.69
Muthoot Finance Ltd.
0.62
Reliance Jio Infocomm Ltd. ( Irrevocably and unconditionally guaranteed by Reliance Industries )
0.53
HDFC Ltd.
0.53
LIC Housing Finance Ltd.
0.53
Piramal Enterprises Ltd.
0.52
L & T Infrastructure Finance Company Ltd.
0.51
Punjab & Sind Bank
0.51
U P Power Corporation Ltd ( Guaranteed By UP State Government )
0.44
Bank Of Baroda
0.42
Rural Electrification Corporation Ltd.
0.41
HDFC Ltd.
0.39
PNB Housing Finance Ltd.
0.37
Small Industries Development Bank Of India
0.37
HDFC Ltd.
0.37
Hinduja Leyland Finance Ltd.
0.31
PNB Housing Finance Ltd.
0.31
Union Bank of India
0.31
Shriram Transport Finance Co Ltd.
0.30
JM Financial Credit Solutions Ltd.
0.30
Small Industries Development Bank Of India
0.29
Power Finance Corporation Ltd.
0.21
U P Power Corporation Ltd ( Guaranteed By UP State Government )
0.21
Andhra Bank
0.20
Nuvoco Vistas Corporation Ltd.
0.19
Muthoot Finance Ltd.
0.17
Rural Electrification Corporation Ltd.
0.15
Tata Capital Housing Finance Ltd.
0.11
Dewan Housing Finance Corporation Ltd.
0.08
Dewan Housing Finance Corporation Ltd.
0.08
LIC Housing Finance Ltd.
0.03
HDFC Ltd.
0.02
Syndicate Bank
0.01

Sector Holding%
Miscellaneous
70.83

About Kotak Low Duration Fund

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 ₹4,758.44 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 ₹-0.46(-0.02%)yesterday to ₹2368.42.

Among its top 3 holdings the fund has exposure to U P Power Corporation Ltd ( Guaranteed By UP State Government ), Manappuram Finance Ltd. and LIC Housing Finance Ltd.

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/

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:
Kotak Banking and PSU Debt Fund
Kotak Bond - Short Term Plan
Kotak Corporate Bond Fund
Kotak Credit Risk Fund
Kotak Dynamic Bond Fund
Kotak Floating Rate Fund
Kotak Liquid Scheme
Kotak Low Duration Fund
Kotak Medium Term Fund
Kotak Money Market Scheme
Kotak Overnight Fund
Kotak Savings Fund

Holding Type Holding %
BRICKWORK BWR A(SO)
6.22
CARE A+
0.21
CARE AA
0.42
CARE AA(SO)
2.54
CARE AA+
1.61
CARE AA-
1.04
CARE AAA
0.66
CARE CARE D
0.16
Cash
4.23
CRISIL A+
2.11
CRISIL A+(SO)
1.93
CRISIL A1+
13.44
CRISIL AA
5.46
CRISIL AA+
4.60
CRISIL AA-
2.86
CRISIL AAA
13.14
CRISIL AAA(SO)
0.53
FITCH IND AA
0.31
FITCH IND AA(SO)
8.23
ICRA A+
0.51
ICRA A+(SO)
3.67
ICRA A1+
1.50
ICRA AA
1.85
ICRA AA+
3.70
ICRA AA-
5.27
ICRA AAA
0.11
ICRA AAA(SO)
13.70

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