Kotak Low Duration Fund - Growth - Direct Plan

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

₹2845.9339 0.04 %Nav, as on 20-09-2021
Previous Nav
₹ 2844.8836
Net Change on 20-09-2021
₹1.05
PersonalFN Rating
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 12,464.24
Expense Ratio
0.41%
(As on Aug 31, 2021)

Fund Overview Growth | Direct Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
01-Jan-2013
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 (₹)
2702.80
52 Week Low Nav Date
21-Sep-2020
52 Week High Nav (₹)
2845.93
52 Week High Nav Date
20-Sep-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- Direct Plan- Growth Option	5.43	5.51	5.32	7.94	7.96	8.52
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- Direct Plan- Growth Option	Jan 01, 2013	5.32	7.94	7.96	0.41	12,464.24
ICICI Prudential Savings Fund - Direct Plan - Growth	Jan 01, 2013	5.64	7.76	7.57	0.40	34,969.15
HDFC Low Duration Fund-Direct Plan-Growth	Jan 01, 2013	5.75	7.74	7.52	0.44	25,627.83
Aditya Birla Sun Life Low duration Fund - Growth - Direct Plan	Jan 01, 2013	5.29	7.92	7.74	0.39	18,602.22
SBI MAGNUM LOW DURATION FUND - DIRECT PLAN - GROWTH	Jan 01, 2013	4.46	7.11	7.06	0.40	13,242.93
Axis Treasury Advantage Fund - Direct Plan - Growth Option	Jan 01, 2013	4.78	7.48	7.41	0.31	11,138.54

Fund Holdings as on 31-August-2021

Company % Assets
Central Government - 2033
5.64
182 Days Treasury Bill 09/12/2021
5.34
HDFC Ltd.**
4.57
Reliance Industries Ltd.**
4.00
Central Government - 2024
3.53
182 Days Treasury Bill 10/09/2021
3.01
Central Government - 2026
2.59
Shriram Transport Finance Co Ltd. ( Catalyst Trusteeship Limite) (^)**
2.43
Central Government - 2021
2.42
IndusInd Bank Ltd.**
2.37
Export-Import Bank of India**
2.36
HDFC Bank Ltd.**
2.36
HDFC Ltd.**
2.06
364 Days Treasury Bill 02/09/2021
2.01
Reliance Industries Ltd.**
2.00
Net Current Assets/(Liabilities)
1.82
State Bank Of India.(^)**
1.73
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) (^)**
1.68
EMBASSY OFFICE PARKS REIT ( Vikas Telecom Private Limite) (^)**
1.62
State Government - 2025 - Haryana(^)
1.61
Power Finance Corporation Ltd. ( Milestone Trusteeship Services Pvt Ltd) (^)**
1.61
Manappuram Finance Ltd.**
1.45
EMBASSY OFFICE PARKS REIT**
1.41
Triparty Repo
1.37
State Government - 2025 - Rajasthan(^)
1.30
Manappuram Finance Ltd. ( Coupon Step down 25 Bps rating on downgrad)
1.16
HDB Financial Services Ltd.(^)**
1.13
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.02
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limited) (^)**
1.02
Shriram Transport Finance Co Ltd. ( Catalyst Trusteeship Limite) **
0.89
AXIS Bank Ltd.- AT1 Bonds**
0.85
Mahindra & Mahindra Financial Services Ltd.(^)**
0.84
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) (^)**
0.84
L & T Finance Ltd.(^)**
0.84
LIC Housing Finance Ltd. ( Catalyst Trusteeship Limite) (^)
0.83
State Government - 2025 - Tamil Nadu
0.83
L & T Finance Ltd.**
0.82
Aditya Birla Finance Ltd.(^)**
0.82
Mindspace Business Parks REIT ( IDBI Trusteeship Services Limited, Stepup 25 bps for each rating downgrad) (^)**
0.81
Hindustan Zinc Ltd. (Stepup for each notch downgrade 0.81
Bahadur Chand Investments Private Limited(^)**
0.80
Rural Electrification Corporation Ltd. ( BEACON Trusteeship Limited) (^)**
0.80
HDB Financial Services Ltd.**
0.80
JM Financial Services Limited**
0.80
182 Days Treasury Bill 04/11/2021
0.80
Bajaj Housing Finance Ltd.**
0.79
Tata Projects Ltd.(^)**
0.78
State Government - 2025 - Madhya Pradesh
0.75
Bharti Telecom Ltd.**
0.74
Indian Bank**
0.67
State Government - 2025 - Andhra Pradesh
0.65
Power Finance Corporation Ltd.(^)**
0.63
HDFC Ltd.**
0.62
State Government - 2025 - Karnataka
0.61
Bajaj Finance Ltd. ( Catalyst Trusteeship Limite) **
0.61
Union Bank of India(^)**
0.61
National Bank for Agriculture & Rural Development ( Axis Trustee Services Ltd) (^)**
0.60
Bharti Airtel Ltd.**
0.60
Punjab National Bank**
0.60
Tata Capital Financial Services Limited**
0.60
India Grid Trust ( IDBI Trusteeship Services Limited; Stepup 0.50% when downgrade to A) (^)**
0.60
JM Financial Products Limited**
0.58
Sundaram Finance Ltd.**
0.49
Godrej Industries Ltd**
0.45
Canara Bank ( SBICAP Trustee Company Ltd) - AT1 Bonds**
0.44
State Government - 2025 - Uttar Pradesh
0.44
National Bank for Agriculture & Rural Development**
0.43
Bajaj Finance Ltd.**
0.41
State Government - 2025 - Rajasthan
0.41
Mahindra & Mahindra Financial Services Ltd.**
0.41
LIC Housing Finance Ltd. ( Vistra ITCL (India) Limite) **
0.40
HDFC Ltd.
0.40
Phoenix ARC Pvt Ltd ( Vistra ITCL (India) Lt) (^)**
0.40
Oberoi Realty Limited ( coupon reset after 3 years, Stepup for each notch downgrade redemption <=A) **
0.39
Kotak Mahindra Prime Ltd.**
0.37
Rural Electrification Corporation Ltd.**
0.33
State Government - 2025 - Haryana
0.30
HDB Financial Services Ltd. ( IDBI Trusteeship Services Limite) **
0.29
Central Government - 2031
0.27
Rural Electrification Corporation Ltd.**
0.20
LIC Housing Finance Ltd.**
0.20
Punjab National Bank**
0.20
182 Days Treasury Bill 02/12/2021
0.20
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) **
0.17
Bajaj Finance Ltd.**
0.17
Telesonic Networks Limited (Guarantee from Bharti Airltel Limited) **
0.16
GS CG 15/12/2021 - (STRIPS)
0.16
GS CG15/062022 - (STRIPS)
0.16
State Government - 2021 - Orissa
0.14
State Government - 2025 - Gujarat
0.13
HDFC Ltd.**
0.12
Aditya Birla Finance Ltd.**
0.12
Tata Motors Ltd.**
0.12
Food Corporation of India**
0.05
State Government - 2026 - Rajasthan
0.04
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.04
Dalmia Cement (Bharat) Ltd (IF DOWN GRADE AA- TO A, INCREASE BY 25BPS IN EACH DOWNGRAD) **
0.04
HDFC Ltd.**
0.04
Reliance Industries Ltd.**
0.03
Power Finance Corporation Ltd.**
0.02
HDFC Ltd.**
0.01

Sector Holding%
Miscellaneous
47.21

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 Quant Fund
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 A1+
2.36
CARE AA
1.16
CARE AA(CE)
0.17
CARE AA+
0.39
CARE AA-
0.12
Cash
3.19
CRISIL A+(CE)
0.04
CRISIL A1+
13.90
CRISIL AA
2.46
CRISIL AA+
5.43
CRISIL AAA
26.83
CRISIL AAA(CE)
0.05
FITCH AA(IND)
0.44
FITCH AAA(IND)
0.84
FITCH IND AA
0.78
FITCH IND AA+
1.56
FITCH IND AAA
0.41
ICRA AA
0.80
ICRA AA+
0.04
ICRA AAA
2.14
ICRA AAA(CE)
3.54
SOV
33.34

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 01-Jan-2013 and currently has an AUM of ₹12,464.24 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 ₹1.05(0.04%)yesterday to ₹2845.9339.

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