Kotak Low Duration Fund - Growth - Regular Plan

₹2431.0664 0.02 %Nav, as on 17-01-2020
Previous Nav
₹ 2430.6267
Net Change on 17-01-2020
₹0.44
PersonalFN Rating
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 5,963.45
Expense Ratio
1.07%
(As on Dec 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 (₹)
2246.62
52 Week Low Nav Date
18-Jan-2019
52 Week High Nav (₹)
2431.07
52 Week High Nav Date
17-Jan-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	7.19	7.47	8.21	7.52	8.12	7.77
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	8.21	7.52	8.12	1.07	5,963.45
ICICI Prudential Savings Fund - Growth	Sep 27, 2002	8.70	7.63	8.17	0.50	21,306.46
HDFC Low Duration Fund- Retail Growth	Nov 18, 1999	7.83	6.85	7.40	1.03	15,055.36
Aditya Birla Sun Life Low Duration Fund - Growth Plan	May 14, 1998	8.05	7.18	7.63	1.21	10,336.89
SBI MAGNUM LOW DURATION FUND - REGULAR PLAN - GROWTH	Jul 26, 2007	8.13	7.45	7.84	1.06	8,441.91
IDFC Low Duration Fund -Regular Plan- Growth	Jan 17, 2006	8.26	7.45	7.96	0.48	5,323.26

Fund Holdings as on 31-December-2019

Company % Assets
U P Power Corporation Ltd ( Guaranteed By UP State Government )
6.59
LIC Housing Finance Ltd.
3.41
Rural Electrification Corporation Ltd.
3.40
MOBIL TRUST SERIES-07 PTC 20-06-2022(Mobil Trust Series - 07)
3.35
Rural Electrification Corporation Ltd.
3.27
Reliance Jio Infocomm Ltd.
3.18
ECL Finance Ltd.
2.98
Manappuram Finance Ltd.
2.97
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd )
2.84
Reliable Devices Trust ( Underlying customer Reliance Retail )
2.84
AXIS Bank Ltd.
2.79
Triparty Repo
2.78
76 Days Cash Management Bill 17/03/2020
2.74
Piramal Enterprises Ltd.
2.50
Bharti Telecom Ltd.
2.49
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd )
2.27
National Bank for Agriculture & Rural Development
2.05
Syndicate Bank
1.82
Avendus Finance Pvt Ltd.
1.68
L & T Infrastructure Finance Company Ltd.
1.68
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd )
1.67
Piramal Enterprises Ltd.
1.67
Indian Bank
1.64
AXIS Bank Ltd.
1.64
HDFC Ltd.
1.62
Reliable Devices Trust ( Underlying customer Reliance Retail )
1.60
HDFC Ltd.
1.60
Bharti Telecom Ltd.
1.37
Union Bank of India
1.31
Small Industries Development Bank Of India
1.28
Power Finance Corporation Ltd.
1.28
ICICI Bank Ltd.
1.27
First Business Receivables Trust ( Originator Reliance Industries Ltd )
1.26
National Bank for Agriculture & Rural Development
1.23
LIC Housing Finance Ltd.
1.19
Punjab & Sind Bank
1.18
Reliance Jio Infocomm Ltd.
1.11
Rent A Device Trust ( Underlying customer Reliance Retail )
1.04
U P Power Corporation Ltd ( Guaranteed By UP State Government )
1.02
EMBASSY OFFICE PARKS REIT (TRANCHE 1) (9.40% CA) 03/06/2022
0.90
Rent A Device Trust ( Underlying customer Reliance Retail )
0.87
HDFC Ltd.
0.86
Rural Electrification Corporation Ltd.
0.85
Power Finance Corporation Ltd.
0.85
Phoenix ARC Pvt Ltd
0.84
Power Finance Corporation Ltd.
0.83
Bharti Telecom Ltd.
0.83
National Bank for Agriculture & Rural Development
0.81
ICICI Bank Ltd.
0.81
Muthoot Finance Ltd.
0.66
Andhra Bank
0.60
Rural Electrification Corporation Ltd.
0.60
JM Financial Products Limited
0.57
Muthoot Finance Ltd.
0.50
Reliance Jio Infocomm Ltd. ( Irrevocably and unconditionally guaranteed by Reliance Industries )
0.43
Muthoot Finance Ltd.
0.42
JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group )
0.42
L & T Infrastructure Finance Company Ltd.
0.42
AXIS Bank Ltd.
0.42
National Bank for Agriculture & Rural Development
0.42
Rural Electrification Corporation Ltd.
0.33
HDFC Ltd.
0.32
PNB Housing Finance Ltd.
0.30
Aditya Birla Finance Ltd.
0.25
Hinduja Leyland Finance Ltd.
0.25
Union Bank of India
0.25
PNB Housing Finance Ltd.
0.25
JM Financial Credit Solutions Ltd.
0.24
Shriram Transport Finance Co Ltd.
0.24
U P Power Corporation Ltd ( Guaranteed By UP State Government )
0.17
JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group )
0.17
U P Power Corporation Ltd ( Guaranteed By UP State Government )
0.17
Power Finance Corporation Ltd.
0.14
Muthoot Finance Ltd.
0.13
Small Industries Development Bank Of India
0.12
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group )
0.08
LIC Housing Finance Ltd.
0.03
HDFC Ltd.
0.02
Net Current Assets/(Liabilities)
-0.92

Sector Holding%
Miscellaneous
57.45

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 ₹5,963.45 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 ₹0.44(0.02%)yesterday to ₹2431.0664.

Among its top 3 holdings the fund has exposure to U P Power Corporation Ltd ( Guaranteed By UP State Government ), 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/

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+
2.42
CARE AA(CE)
2.84
CARE AA+
0.55
CARE AAA
1.40
Cash
1.86
CRISIL A+
1.68
CRISIL A+(CE)
1.36
CRISIL A1+
20.02
CRISIL AA
5.52
CRISIL AA+
1.61
CRISIL AA-
3.23
CRISIL AAA
22.92
CRISIL AAA(CE)
0.43
CRISIL AAA(SO)
4.61
FITCH IND A1+
1.64
FITCH IND AA
1.56
FITCH IND AA(CE)
6.59
ICRA A+
1.18
ICRA A1+
5.36
ICRA AAA
0.25
ICRA AAA(CE)
3.94
ICRA AAA(SO)
6.35
SOV
2.74

Financial Health Checkup

Money Simplified Videos

Infographics