Kotak Low Duration Fund - Growth - Regular Plan

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₹2855.9494 0.1 %Nav, as on 31-03-2023
Previous Nav
₹ 2852.9689
Net Change on 31-03-2023
₹2.98
PersonalFN Rating
Unrated
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 7,420.43
Expense Ratio
1.18%
(As on Feb 28, 2023)

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 (₹)
2716.52
52 Week Low Nav Date
06-May-2022
52 Week High Nav (₹)
2852.97
52 Week High Nav Date
29-Mar-2023

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	8.55	6.62	4.68	5.04	6.11	7.21
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	Unrated	4.68	5.04	6.11	1.18	7,420.43
ICICI Prudential Savings Fund - Growth	Sep 27, 2002		5.57	5.70	6.53	0.49	21,144.67
HDFC Low Duration Fund - Growth	Nov 18, 1999		4.84	5.27	6.05	1.04	14,779.54
Aditya Birla Sun Life Low Duration Fund - Growth Plan	May 14, 1998		4.85	5.13	6.12	1.17	10,035.61
SBI MAGNUM LOW DURATION FUND - REGULAR PLAN - GROWTH	Jul 26, 2007		4.77	4.65	5.87	0.96	7,717.27
Nippon India Low Duration Fund- Growth Plan - Growth Option	Mar 20, 2007		4.72	5.05	5.90	1.03	6,232.36

Fund Holdings as on 28-February-2023

Company % Assets
Central Government - 2033
9.56
9.1% Shriram Finance Limited ( Catalyst Trusteeship Limited) **
3.91
6.4% EMBASSY OFFICE PARKS REIT ( Vikas Telecom Private Limited) **
3.32
7.99% State Bank Of India.**
3.04
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limited) (^)**
2.81
Vedanta Ltd.**
2.68
AXIS Bank Ltd.**
2.64
AXIS Bank Ltd.**
2.54
Union Bank of India**
2.52
8.6% BHARTI TELECOM LTD. ( Axis Trustee Services Limited) **
2.36
HDFC Ltd.**
1.95
HDFC Bank Ltd.**
1.94
Power Finance Corporation Ltd. ( Milestone Trusteeship Services Pvt Ltd) **
1.94
HDFC Ltd.(^)**
1.68
Net Current Assets/(Liabilities)
1.60
Bank Of Baroda
1.60
Small Industries Development Bank Of India**
1.59
Shriram Finance Limited ( Catalyst Trusteeship Limite) **
1.49
Central Government - 2028
1.46
7.55% Bahadur Chand Investments Private Limited**
1.35
HDB Financial Services Ltd.**
1.35
Cholamandalam Investment and Finance Company Ltd. ( IDBI Trusteeship Services Lt) **
1.35
Vedanta Ltd.**
1.35
7.2% Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
1.34
6.45% Mindspace Business Parks REIT ( IDBI Trusteeship Services Limited) **
1.33
7.99% Tata Projects Ltd. **
1.33
Bank Of Baroda
1.32
6.17% MUTHOOT FINANCE LTD. ( IDBI Trusteeship Services Ltd) **
1.32
6.25% EMBASSY OFFICE PARKS REIT ( Catalyst Trusteeship Limite) **
1.31
Federal Bank Ltd.**
1.31
HDFC Ltd.**
1.27
HDFC Bank Ltd.**
1.27
ICICI Bank Ltd.**
1.27
Indian Bank**
1.26
Panatone Finvest Ltd.**
1.25
IndusInd Bank Ltd.**
1.25
Union Bank of India**
1.25
Piramal Enterprises Ltd.**
1.25
Export-Import Bank of India**
1.25
JSW Energy Ltd.**
1.21
Sundaram Home Finance Ltd ( I D B I T r u s t e e s h i p s e r v i c e s L i m i t e ) **
1.02
Central Government - 2031
1.02
Tata Capital Financial Services Limited**
1.01
National Bank for Agriculture & Rural Development**
0.99
6.65% Tata Projects Ltd. **
0.98
6.24% State Bank Of India.**
0.97
8.5% India Grid Trust ( IDBI Trusteeship Services Limited) **
0.95
Union Bank of India**
0.94
6.65% Kirloskar Ferrous Industries Ltd. **
0.86
Triparty Repo
0.83
5.35% Hindustan Zinc Ltd. **
0.80
6.65% Kirloskar Ferrous Industries Ltd. **
0.79
HDFC Ltd.**
0.67
7.61% LIC Housing Finance Ltd. ( Catalyst Trusteeship Ltd) **
0.67
6.95% Phoenix ARC Pvt Ltd ( Vistra ITCL (India) Ltd) **
0.66
6.7% DLF Cyber City Developers Ltd ( Axis Trustee Services Limited) **
0.65
HDFC Bank Ltd.**
0.65
HDFC Ltd.
0.65
HDFC Ltd.**
0.64
AXIS Bank Ltd.**
0.64
Piramal Enterprises Ltd.**
0.63
AXIS Bank Ltd.**
0.63
Canara Bank**
0.59
5% Bajaj Housing Finance Ltd. ( Catalyst Trusteeship Limited) **
0.53
Cholamandalam Investment and Finance Company Ltd. ( IDBI Trusteeship Services Ltd) **
0.47
8.45% Can Fin Homes Ltd.**
0.40
ICICI Home Finance Company Limited ( SBICAP Trusteeship Co Ltd) **
0.34
7.25% Mahindra & Mahindra Financial Services Ltd. ( Axis Trustee Services Ltd) **
0.34
HDFC Bank Ltd.**
0.33
Panatone Finvest Ltd.**
0.32
AXIS Bank Ltd.**
0.32
9.7% Tata Power Company Ltd. ( SBICAP Trustee Company Ltd) **
0.27
7.6% Poonawalla Fincorp Limited ( Catalyst Trusteeship Limite) **
0.20
7.92% Cholamandalam Investment and Finance Company Ltd.**
0.13
6.92% GODREJ INDUSTRIES LTD**
0.13
Godrej Properties Limited**
0.07
182 Days Treasury Bill 02/03/2023
0.06
7.84% Tamil Nadu State Govt - 2026 - Tamil Nadu
0.03

Sector Holding%
Miscellaneous
44.07

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

Manu Sharma

Education:Chartered Accountant & M.Com
Experience:16 years
Basic Details:Mr. Manu Sharma has over 17 years of experience in the fields of Fixed Income Fund Management, Operations, Finance Audit and Taxation. He joinedKotak AMC from Deskera Systems in September 2019 and was based out of Bangalore/Singapore for one year. Prior to it Mr. Manu was with Kotak AMCsince September 2006 to June 2018 and has handled major assignments like the Fund Management, Operations and Finance for the KotakAMC.
Funds Managed:
Kotak Corporate Bond Fund
Kotak Floating Rate Fund
Kotak Floating Rate Fund
Kotak Low Duration Fund
Kotak Money Market Fund
Kotak Money Market Fund
Kotak Savings Fund

Holding Type Holding %
CARE A1+
5.78
CARE AA
0.27
CARE AA+
1.42
Cash
2.43
CRISIL A1+
24.51
CRISIL AA
1.44
CRISIL AA+
7.79
CRISIL AAA
24.30
FITCH A1+(IND)
1.25
FITCH IND A1+
2.92
FITCH IND AA
2.31
FITCH IND AA+
1.49
FITCH IND AAA
0.34
ICRA A1+
5.66
ICRA AA
3.00
ICRA AA+
1.95
ICRA AAA
1.01
Sov
12.13

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 ₹7,420.43 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 ₹2.98(0.1%)yesterday to ₹2855.9494.

Among its top 3 holdings the fund has exposure to Central Government - 2033, and

The Kotak Low Duration Fund is managed by Deepak Agrawal and Manu Sharma.

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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