Kotak Medium Term Fund - Growth - Direct Plan

Item: Kotak Medium Term Fund - Growth - Direct Plan
Rating: 1
Author: PersonalFN

₹20.2741 0.07 %Nav, as on 02-12-2022
Previous Nav
₹ 20.26
Net Change on 02-12-2022
₹0.01
PersonalFN Rating
Category
Debt - Medium Duration Fund
Assets (Cr.)
₹ 1,897.50
Expense Ratio
0.58%
(As on Oct 31, 2022)

Fund Overview Growth | Direct Plan

Fund House
Kotak Mahindra Mutual Fund
Launch Date
21-Mar-2014
Benchmark
Crisil 10 Yr Gilt 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 (₹)
19.49
52 Week Low Nav Date
10-Jan-2022
52 Week High Nav (₹)
20.27
52 Week High Nav Date
02-Dec-2022

Fund Objective

The investment objective of the scheme is to generate regular income and capital appreciation by investing in a portfolio of medium term debt and money market instruments. There is no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
Kotak Medium Term Fund - Direct Growth	10.84	4.73	3.93	6.33	6.63	8.46
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Medium 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 Medium Term Fund - Direct Growth	Mar 21, 2014	3.93	6.33	6.63	0.58	1,897.50
ICICI Prudential Medium Term Bond Fund - Direct Plan - Growth	Jan 23, 2013	4.59	7.41	7.49	0.77	6,255.53
HDFC Medium Term Debt Fund-Growth Option-Direct Plan	Jan 01, 2013	3.39	6.69	7.24	0.58	3,668.88
IDFC Bond Fund - Medium Term Plan-Direct Plan-Growth	Jan 01, 2013	1.89	5.39	6.53	0.76	2,121.61
Axis Strategic Bond Fund - Direct Plan - Growth Option	Jan 07, 2013	4.47	7.23	7.33	0.39	1,569.40

Fund Holdings as on 30-November-2022

Company % Assets
Central Government - 2033
10.62
8% HDFC Ltd.
7.45
9.25% Power Finance Corporation Ltd.**
5.79
Central Government - 2031
5.26
6.75% Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
5.13
6.58% L&T Metro Rail (Hyderabad) Ltd ( Axis Trusteeship services Ltd . Guaranteed by Larsen & Toubro Limited.) **
5.11
6.42% Bharti Telecom Ltd.**
5.06
Shriram Transport Finance Co Ltd. ( Catalyst Trusteeship Limite) **
4.54
7.76% Tata Steel Ltd. ( Catalyst Trusteeship Limite) **
3.94
EMBASSY OFFICE PARKS REIT
3.89
9.15% Punjab National Bank- AT1 Bonds**
3.69
Net Current Assets/(Liabilities)
2.86
PTC First Business Receivables Trust (Series 23) 01/10/2025(First Business Receivables Trust)**
2.68
8.5% JM Financial Products Limited ( Coupon Step up and Step down of 25 bps from AA in rating downgrade and vice vers) **
2.59
6.65% Tata Projects Ltd. ( Coupon Step up and Step down of 25 bps from A+ in rating downgrade and vice vers) **
2.57
6.25% EMBASSY OFFICE PARKS REIT ( Catalyst Trusteeship Limite) **
2.57
6.72% India Grid Trust ( IDBI Trusteeship Services Limited; Stepup 0.50% when downgrade to A) **
2.56
6.4% Jamnagar Utilities & Power Private Limited ( Mukesh Ambani Group ) **
2.52
Brookfield REIT
1.39
Central Government - 2028
1.30
Vedanta Ltd.**
1.29
8% ONGC Petro Additions Ltd.**
1.27
5.74% Central Government - 2026
1.26
Central Government - 2023
1.12
7.95% Sikka Ports & Terminals Ltd. ( Mukesh Ambani Group ) **
1.06
8.9% Prestige Projects Pvt. Ltd (Uncondtional, Irrevocable Corp gurantee of Prestige Estate Proj. and MS Pinnacle Invt) **
0.94
9.5% Prestige Projects Pvt. Ltd (Uncondtional, Irrevocable Corp gurantee of Prestige Estate Proj. and MS Pinnacle Invt) **
0.71
8.5% Canara Bank ( SBICAP Trustee Company Ltd) - AT1 Bonds**
0.53
7.8% HDFC Ltd.
0.53
7.65% Bajaj Housing Finance Ltd. ( Catalyst Trusteeship Limite)
0.52
8.56% Rural Electrification Corporation Ltd.**
0.47
10.15% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.46
DME Development Limited ( SBICAP Trustee Company Ltd. Step up @ 0.25bps if downgrade below AA) **
0.42
DME Development Limited ( SBICAP Trustee Company Ltd. Step up @ 0.25bps if downgrade below AA) **
0.42
DME Development Limited ( SBICAP Trustee Company Ltd. Step up @ 0.25bps if downgrade below AA) **
0.42
DME Development Limited ( SBICAP Trustee Company Ltd. Step up @ 0.25bps if downgrade below AA) **
0.42
DME Development Limited ( SBICAP Trustee Company Ltd. Step up @ 0.25bps if downgrade below AA) **
0.42
DME Development Limited ( SBICAP Trustee Company Ltd. Step up @ 0.25bps if downgrade below AA) **
0.42
DME Development Limited ( SBICAP Trustee Company Ltd. Step up @ 0.25bps if downgrade below AA) **
0.42
DME Development Limited ( SBICAP Trustee Company Ltd. Step up @ 0.25bps if downgrade below AA) **
0.42
DME Development Limited ( SBICAP Trustee Company Ltd. Step up @ 0.25bps if downgrade below AA) **
0.42
DME Development Limited ( SBICAP Trustee Company Ltd. Step up @ 0.25bps if downgrade below AA) **
0.42
9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.95% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.21
7.1% National Bank for Agriculture & Rural Development**
0.18
6.53% Tamil Nadu State Govt - 2031 - Tamil Nadu
0.14
9.7% U P Power Corporation Ltd ( Guaranteed By UP State Government ) **
0.13
Triparty Repo
0.13
8.97% Rural Electrification Corporation Ltd.**
0.11
6.6% Muthoot Finance Ltd. ( IDBI Trusteeship Services Ltd) **
0.10
6.67% Central Government - 2035
0.04
9% Steel Authority of India Ltd.**
0.04
9% Muthoot Finance Ltd.**
0.03
10.63% IOT Utkal Energy Services Ltd.**
0.01
10.63% IOT Utkal Energy Services Ltd.**
0.00
10.63% IOT Utkal Energy Services Ltd.**
0.00
0.00% YES Bank Ltd.- AT1 Bonds**
0.00

Sector Holding%
Miscellaneous
68.02

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

Sunit Garg

Education:PGDBM -Finance,Chartered Accountant and B.com
Experience:17 years
Basic Details:Mr. Sunit Garg has more than 16 years of experience in financial service industry in India. Out of which, more than 6 years has been with Kotak Mahindra Asset Management Company Limited. Prior to this he has worked with various Banks such as FirstRand Bank, Barclays Bank, ICICI Bank etc.
Funds Managed:
Kotak Credit Risk Fund
Kotak Medium Term Fund

Holding Type Holding %
CARE AA
3.73
Cash
2.99
CRISIL A+(CE)
3.74
CRISIL A1+
1.29
CRISIL AA+
5.72
CRISIL AAA
32.92
CRISIL AAA(CE)
5.11
CRISIL AAA(SO)
2.68
FITCH AA+(IND)
3.94
FITCH IND AA
2.57
FITCH IND AA+
4.54
ICRA A+(CE)
1.65
ICRA AA
2.59
ICRA AAA
0.18
ICRA AAA(CE)
1.27
ICRA D
0.00
REITs & InvITs
5.28
Sov
19.74

About Kotak Medium Term Fund

Scheme Analysis

Kotak Medium Term Fund is a Debt - Medium Duration Fund fund and belongs to Kotak Mahindra Mutual Fund. It was launched on 21-Mar-2014 and currently has an AUM of ₹1,897.50 crore. Kotak Medium Term Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Medium Duration Debt Index as secondary index.

The NAV of Kotak Medium Term Fund ended up ₹0.01(0.07%)yesterday to ₹20.2741.

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

The Kotak Medium Term Fund is managed by Deepak Agrawal and Sunit Garg.

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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