Kotak Low Duration Fund - Growth - Direct Plan

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

₹2780.1125 0.01 %Nav, as on 16-04-2021
Previous Nav
₹ 2779.9321
Net Change on 16-04-2021
₹0.18
PersonalFN Rating
Category
Debt - Low Duration Fund
Assets (Cr.)
₹ 12,541.75
Expense Ratio
0.37%
(As on Feb 28, 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 (₹)
2570.51
52 Week Low Nav Date
29-Apr-2020
52 Week High Nav (₹)
2780.11
52 Week High Nav Date
16-Apr-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	8.50	3.63	7.81	8.13	8.36	8.67
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	7.81	8.13	8.36	0.37	12,541.75
ICICI Prudential Savings Fund - Direct Plan - Growth	Jan 01, 2013	7.86	7.72	7.82	0.44	23,971.42
HDFC Low Duration Fund-Direct Plan-Growth	Jan 01, 2013	8.11	7.78	7.85	0.44	19,554.48
Aditya Birla Sun Life Low duration Fund - Growth - Direct Plan	Jan 01, 2013	7.78	8.13	8.09	0.39	16,377.72
SBI MAGNUM LOW DURATION FUND - DIRECT PLAN - GROWTH	Jan 01, 2013	6.43	7.42	7.39	0.40	13,522.07
Axis Treasury Advantage Fund - Direct Plan - Growth Option	Jan 01, 2013	6.96	7.74	7.74	0.29	8,537.37

Fund Holdings as on 31-March-2021

Company % Assets
Triparty Repo
13.70
Net Current Assets/(Liabilities)
10.90
National Bank for Agriculture & Rural Development**
3.97
State Government - 2023 - Haryana(^)
3.71
Central Government - 2021
3.12
Sundaram Finance Ltd.**
2.86
National Bank for Agriculture & Rural Development**
2.37
HDFC Ltd.**
2.15
State Bank Of India.(^)**
1.71
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.68
Central Government - 2033
1.64
Central Government - 2024
1.62
National Bank for Agriculture & Rural Development ( Axis Trustee Services Ltd) (^)**
1.60
Reliance Industries Ltd.**
1.58
Central Government - 2031
1.47
Manappuram Finance Ltd.(^)**
1.46
EMBASSY OFFICE PARKS REIT**
1.37
Muthoot Finance Ltd.**
1.33
HDFC Ltd.
1.25
Rural Electrification Corporation Ltd.(^)**
1.24
LIC Housing Finance Ltd. ( Vistra ITCL (India) Limite) **
1.22
AXIS Bank Ltd. - AT1 Bonds**
1.21
Hindustan Zinc Ltd.**
1.18
HDB Financial Services Ltd.(^)**
1.12
Tata Steel Ltd.**
1.06
Bharti Telecom Ltd.(^)**
1.04
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) **
1.02
Kotak Mahindra Prime Ltd.**
1.02
LIC Housing Finance Ltd.(^)**
1.02
EMBASSY OFFICE PARKS REIT ( Vikas Telecom Private Limite) **
0.99
Bharti Airtel Ltd.**
0.98
State Government - 2024 - Chattisgarh(^)
0.85
Tata Steel Ltd.**
0.84
Nabha Power Ltd. ( backed by unconditional and irrevocable guarantee by Larsen & Toubro Ltd ) (^)**
0.83
L & T Infrastructure Finance Company Ltd.(^)**
0.83
Reliance Industries Ltd.
0.82
L & T Infrastructure Finance Company Ltd.**
0.82
Bahadur Chand Investments Private Limited(^)**
0.80
Mindspace Business Parks REIT ( IDBI Trusteeship Services Limited, Stepup 25 bps for each rating downgrad) **
0.80
Hindustan Zinc Ltd. ( Stepup for each notch downgrade 0.80
ICICI Securities Primary Dealership Ltd.**
0.80
Can Fin Homes Ltd.**
0.79
Tata Projects Ltd.(^)**
0.77
Bajaj Housing Finance Ltd.**
0.77
HDFC Ltd.**
0.72
State Government - 2023 - Rajasthan
0.71
Rural Electrification Corporation Ltd.**
0.66
Power Finance Corporation Ltd.(^)**
0.63
HDFC Ltd.**
0.62
Union Bank of India**
0.60
Punjab National Bank
0.59
India Grid Trust ( IDBI Trusteeship Services Limited; Stepup 0.50% when downgrade to A) **
0.59
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.57
JM Financial Products Limited**
0.56
Punjab & Sind Bank - AT1 Bonds**
0.50
Oberoi Realty Limited ( coupon reset after 3 years, Stepup for each notch downgrade redemption <=A) **
0.50
EMBASSY OFFICE PARKS REIT**
0.48
Canara Bank ( SBICAP Trustee Company Ltd) - AT1 Bonds**
0.44
Bajaj Finance Ltd.**
0.42
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.41
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) **
0.40
Power Finance Corporation Ltd.**
0.40
364 Days Treasury Bill 17/06/2021
0.40
Welspun India Limited**
0.40
Power Finance Corporation Ltd.**
0.39
Phoenix ARC Pvt Ltd ( Vistra ITCL (India) Lt) **
0.39
HDFC Ltd.**
0.39
Godrej Properties Limited**
0.36
Kotak Mahindra Prime Ltd.**
0.36
Rural Electrification Corporation Ltd.**
0.33
State Bank Of India.
0.31
Muthoot Finance Ltd.**
0.24
First Business Receivables Trust ( Originator Reliance Industries Ltd ) **
0.22
First Business Receivables Trust ( Originator Reliance Industries Ltd ) **
0.22
First Business Receivables Trust ( Originator Reliance Industries Ltd ) **
0.22
Food Corporation of India
0.21
Rural Electrification Corporation Ltd.
0.21
Aditya Birla Money Ltd**
0.20
Punjab National Bank
0.20
Coastal Gujarat Power Ltd. ( Guarenteed by TATA Power Co. Ltd ) (^)**
0.17
HDFC Ltd.**
0.17
Bajaj Finance Ltd.**
0.16
Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
0.16
GS CG 15/06/2021 - (STRIPS)
0.16
GS CG 15/12/2021 - (STRIPS)
0.16
GS CG15/062022 - (STRIPS)
0.15
State Government - 2021 - Orissa
0.15
Union Bank of India - AT1 Bonds**
0.14
HDFC Ltd.**
0.12
Aditya Birla Finance Ltd.**
0.12
Canara Bank - AT1 Bonds**
0.08
U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.08
MOBIL TRUST SERIES-08 PTC 20-11-2021-(C)(Mobil Trust Series - 08)**
0.07
Small Industries Development Bank Of India**
0.06
State Government - 2026 - Rajasthan
0.04
HDFC Ltd.**
0.04
HDFC Ltd.**
0.04
HDFC Ltd.**
0.01
Reliance Industries Ltd.**
0.00

Sector Holding%
Miscellaneous
46.54

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 Banking ETF
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 AA
1.14
CARE AA(CE)
0.57
CARE AA+
0.50
CARE AA-
0.98
CARE AAA
0.06
Cash
24.60
CRISIL A+(CE)
0.08
CRISIL A1+
10.83
CRISIL AA
1.85
CRISIL AA+
5.21
CRISIL AAA
27.82
CRISIL AAA(CE)
0.21
CRISIL AAA(SO)
0.73
FITCH AA(IND)
0.44
FITCH IND AA
0.77
ICRA A-
0.50
ICRA A1+
3.16
ICRA AA
1.16
ICRA AAA
1.72
ICRA AAA(CE)
3.53
Sov
14.18

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 ₹12,541.75 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 ₹0.18(0.01%)yesterday to ₹2780.1125.

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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