Kotak Low Duration Fund - Growth - Regular Plan

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

₹2591.4417 0.02 %Nav, as on 23-10-2020
Previous Nav
₹ 2590.8915
Net Change on 23-10-2020
₹0.55
PersonalFN Rating
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 8,417.75
Expense Ratio
1.12%
(As on Sep 30, 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 (₹)
2389.87
52 Week Low Nav Date
23-Oct-2019
52 Week High Nav (₹)
2591.44
52 Week High Nav Date
23-Oct-2020

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	9.11	6.38	8.41	7.88	8.07	7.82
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	8.41	7.88	8.07	1.12	8,417.75
ICICI Prudential Savings Fund - Growth	Sep 27, 2002	8.47	7.99	8.13	0.55	19,922.29
HDFC Low Duration Fund- Retail Growth	Nov 18, 1999	8.00	7.37	7.49	1.04	16,796.22
Aditya Birla Sun Life Low Duration Fund - Growth Plan	May 14, 1998	7.89	7.63	7.65	1.22	13,927.24
SBI MAGNUM LOW DURATION FUND - REGULAR PLAN - GROWTH	Jul 26, 2007	7.14	7.55	7.59	1.10	9,745.84
Axis Treasury Advantage Fund - Regular Plan - Growth Option	Oct 09, 2009	7.68	7.84	7.73	0.61	8,146.49

Fund Holdings as on 30-September-2020

Company % Assets
Triparty Repo
13.75
Central Government - 2023
7.77
National Bank for Agriculture & Rural Development
5.56
Sundaram Finance Ltd.**
4.14
IndusInd Bank Ltd.
3.81
Rural Electrification Corporation Ltd.
3.60
State Government - 2021 - Orissa
3.53
State Government - 2022 - Chattisgarh
3.35
HDFC Ltd.**
3.09
182 Days Treasury Bill 17/12/2020
2.95
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
2.52
Rural Electrification Corporation Ltd.
2.47
Tata Steel Ltd.**
2.43
HDFC Ltd.
2.25
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
2.25
Manappuram Finance Ltd.(^)**
2.18
HDFC Ltd.(^)
2.01
Muthoot Finance Ltd.(^)**
1.99
EMBASSY OFFICE PARKS REIT**
1.97
LIC Housing Finance Ltd.(^)**
1.84
State Government - 2022 - Orissa
1.82
Hindustan Zinc Ltd.
1.72
Bharti Telecom Ltd.(^)**
1.56
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.54
Power Finance Corporation Ltd.**
1.53
Kotak Mahindra Prime Ltd.**
1.49
Tata Steel Ltd.**
1.28
State Government - 2024 - Chattisgarh(^)
1.27
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.25
Reliance Industries Ltd.(^)
1.24
L & T Infrastructure Finance Company Ltd.(^)**
1.23
L & T Infrastructure Finance Company Ltd.**
1.20
Bahadur Chand Investments Private Limited(^)**
1.19
Hindustan Zinc Ltd. **
1.19
Reliance Industries Ltd.
1.17
Reliance Industries Ltd.
1.17
Indostar Capital Finance Limited **
1.17
IndusInd Bank Ltd.
1.17
Tata Power Company Ltd.**
1.16
Tata Projects Ltd.(^)**
1.13
MOBIL TRUST SERIES-07 PTC 20-06-2022 - (C)(Mobil Trust Series - 07)
1.11
Rural Electrification Corporation Ltd.
0.99
Power Finance Corporation Ltd.**
0.95
HDFC Ltd.**
0.93
Sundaram BNP Paribas Home Finance Ltd**
0.90
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.87
LIC Housing Finance Ltd.**
0.83
Punjab & Sind Bank - (AT1 bonds)**
0.75
HDFC Ltd.
0.67
Bajaj Finance Ltd.
0.62
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.62
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) **
0.61
HDFC Ltd.
0.60
Power Finance Corporation Ltd.**
0.60
Kotak Mahindra Prime Ltd.**
0.59
Godrej Properties Limited**
0.59
Power Finance Corporation Ltd.
0.57
Punjab National Bank
0.53
Rural Electrification Corporation Ltd.**
0.49
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.36
Muthoot Finance Ltd.**
0.36
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.32
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.32
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.32
Rural Electrification Corporation Ltd.
0.31
Reliance Industries Ltd.**
0.31
MOBIL TRUST SERIES-08 PTC 20-06-2022 (A)(Mobil Trust Series - 08)
0.30
Central Government - 2020
0.30
Reliance Industries Ltd.
0.29
Manappuram Finance Ltd.
0.29
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.27
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) (^)**
0.25
HDFC Ltd.**
0.24
Bajaj Finance Ltd.**
0.24
Union Bank of India - (AT1 bonds)**
0.21
Aditya Birla Finance Ltd.**
0.18
Shriram Transport Finance Co Ltd.**
0.18
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.12
Small Industries Development Bank Of India**
0.09
State Government - 2026 - Rajasthan
0.06
ICICI Bank Ltd.
0.06
Reliance Industries Ltd.**
0.01
Net Current Assets/(Liabilities)
-19.16

Sector Holding%
Miscellaneous
65.65

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 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 A+
0.21
CARE AA(CE)
0.86
CARE AA-
4.88
CARE AAA
0.09
Cash
-5.41
CRISIL A+(CE)
0.48
CRISIL A1+
10.72
CRISIL AA
4.53
CRISIL AA+
1.74
CRISIL AA-
1.16
CRISIL AAA
39.39
CRISIL AAA(SO)
2.37
FITCH IND AA
1.13
FITCH IND AA(CE)
2.25
ICRA A-
0.75
ICRA A1+
5.62
ICRA AA
1.78
ICRA AA+
0.90
ICRA AAA
0.18
ICRA AAA(CE)
5.31
SOV
21.05

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 ₹8,417.75 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 up ₹0.55(0.02%)yesterday to ₹2591.4417.

Among its top 3 holdings the fund has exposure to Triparty Repo, 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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