Kotak Low Duration Fund - Growth - Direct Plan

Item: Kotak Low Duration Fund - Growth - Direct Plan
Rating: 2
Author: PersonalFN

₹2583.8058 (-0.01%)Nav, as on 07-04-2020
Previous Nav
₹ 2584.0032
Net Change on 07-04-2020
₹-0.2
PersonalFN Rating
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 7,264.72
Expense Ratio
0.31%
(As on Feb 29, 2020)

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 (₹)
2382.16
52 Week Low Nav Date
08-Apr-2019
52 Week High Nav (₹)
2584.00
52 Week High Nav Date
03-Apr-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- Direct Plan- Growth Option	6.10	7.65	8.51	8.32	8.86	8.86
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	8.51	8.32	8.86	0.31	7,264.72
ICICI Prudential Savings Fund - Direct Plan - Growth	Jan 01, 2013	7.89	7.65	8.16	0.41	22,150.12
HDFC Low Duration Fund-Direct Plan-Growth	Jan 01, 2013	8.00	7.64	8.07	0.44	15,956.97
Aditya Birla Sun Life Low duration Fund - Growth - Direct Plan	Jan 01, 2013	8.35	8.12	8.46	0.37	12,150.50
SBI MAGNUM LOW DURATION FUND - DIRECT PLAN - GROWTH	Jan 01, 2013	7.96	7.64	7.89	0.40	9,831.81
IDFC Low Duration Fund -Direct Plan-Growth	Jan 01, 2013	7.84	7.64	8.07	0.26	6,221.89

Fund Holdings as on 29-February-2020

Company % Assets
Triparty Repo
6.87
U P Power Corporation Ltd ( Guaranteed By UP State Government )
5.41
IndusInd Bank Ltd.
4.24
Oriental Bank of Commerce
2.94
LIC Housing Finance Ltd.
2.81
Rural Electrification Corporation Ltd.
2.78
Rural Electrification Corporation Ltd.
2.71
National Bank for Agriculture & Rural Development
2.71
Reliance Jio Infocomm Ltd.
2.61
ECL Finance Ltd.
2.54
Manappuram Finance Ltd.
2.48
Power Finance Corporation Ltd.
2.44
MOBIL TRUST SERIES-07 PTC 20-06-2022 - (B)(Mobil Trust Series - 07)
2.36
Reliable Devices Trust ( Underlying customer Reliance Retail )
2.35
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) (^)
2.34
Syndicate Bank
2.32
AXIS Bank Ltd.
2.31
AXIS Bank Ltd.
1.96
Tata Steel Ltd.
1.95
National Bank for Agriculture & Rural Development
1.69
IndusInd Bank Ltd.
1.69
Power Finance Corporation Ltd.
1.40
Rural Electrification Corporation Ltd.
1.39
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd )
1.39
Avendus Finance Pvt Ltd.
1.38
L & T Infrastructure Finance Company Ltd.
1.38
Bank Of Baroda
1.36
Andhra Bank
1.35
National Bank for Agriculture & Rural Development
1.35
Indostar Capital Finance Limited ( STEP UP 25 BPS RATING DOWNGRAD)
1.34
Reliable Devices Trust ( Underlying customer Reliance Retail )
1.33
HDFC Ltd.
1.32
IndusInd Bank Ltd.
1.30
Power Finance Corporation Ltd.
1.05
Small Industries Development Bank Of India
1.05
Sundaram BNP Paribas Home Finance Ltd
1.04
HDFC Ltd.
1.03
National Bank for Agriculture & Rural Development
1.02
Oriental Bank of Commerce
1.01
Punjab & Sind Bank
0.97
LIC Housing Finance Ltd.
0.97
Reliance Jio Infocomm Ltd.
0.91
Rent A Device Trust ( Underlying customer Reliance Retail )
0.86
U P Power Corporation Ltd ( Guaranteed By UP State Government )
0.84
EMBASSY OFFICE PARKS REIT
0.75
Rent A Device Trust ( Underlying customer Reliance Retail )
0.72
HDFC Ltd.
0.71
Power Finance Corporation Ltd.
0.70
Syndicate Bank
0.70
Bharti Telecom Ltd.
0.69
Phoenix ARC Pvt Ltd
0.69
Andhra Bank
0.68
AXIS Bank Ltd.
0.68
Export-Import Bank of India
0.68
ICICI Bank Ltd.
0.67
Andhra Bank
0.59
MOBIL TRUST SERIES-08 PTC 20-06-2022 (A)(Mobil Trust Series - 07)
0.57
Muthoot Finance Ltd.
0.55
JM Financial Products Limited
0.48
Muthoot Finance Ltd.
0.42
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.36
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.35
Reliance Jio Infocomm Ltd. ( Irrevocably and unconditionally guaranteed by Reliance Industries )
0.35
Rural Electrification Corporation Ltd.
0.35
First Business Receivables Trust ( Originator Reliance Industries Ltd )
0.34
70 Days Cash Management Bill 17/03/2020
0.27
HDFC Ltd.
0.27
PNB Housing Finance Ltd.
0.24
Aditya Birla Finance Ltd.
0.21
Shriram Transport Finance Co Ltd.
0.20
JM Financial Credit Solutions Ltd.
0.20
PNB Housing Finance Ltd.
0.20
Rural Electrification Corporation Ltd.
0.14
Muthoot Finance Ltd.
0.14
JAMNAGAR UTILITIES & POWER PRIVATE LIMITED ( Mukesh Ambani Group )
0.14
U P Power Corporation Ltd ( Guaranteed By UP State Government )
0.14
Power Finance Corporation Ltd.
0.11
Small Industries Development Bank Of India
0.10
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group )
0.07
ICICI Bank Ltd.
0.07
LIC Housing Finance Ltd.
0.02
HDFC Ltd.
0.01
Net Current Assets/(Liabilities)
-1.12

Sector Holding%
Miscellaneous
50.94

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 01-Jan-2013 and currently has an AUM of ₹7,264.72 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 ₹-0.2(-0.01%)yesterday to ₹2583.8058.

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/

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+
3.61
CARE A1+
2.03
CARE AA(CE)
2.34
CARE AA+
0.44
CARE AA-
3.29
CARE AAA
1.15
Cash
5.75
CRISIL A+
1.38
CRISIL A+(CE)
0.98
CRISIL A1+
21.89
CRISIL AA
4.28
CRISIL AA+
0.89
CRISIL AA-
2.54
CRISIL AAA
23.71
CRISIL AAA(SO)
3.98
FITCH IND A1+
1.36
FITCH IND AA(CE)
5.41
ICRA A+
0.97
ICRA A1+
5.82
ICRA AA+
1.04
ICRA AAA
0.21
ICRA AAA(CE)
1.39
ICRA AAA(SO)
5.26
SOV
0.27

Financial Health Checkup

Money Simplified Videos

Infographics